Kia showcases three models at global EV day event in Korea

At its first global EV Day event in Korea, Kia unveiled three new models – the production-spec EV5 SUV, which was revealed as a concept in China earlier this year, the radical EV4 sedan, and the EV3 SUV. Kia says these three models will join its global EV line-up in future and will facilitate the brand to achieve an annual… Continue reading Kia showcases three models at global EV day event in Korea

Kia showcases three models at global EV day event in Korea

At its first global EV Day event in Korea, Kia unveiled three new models – the production-spec EV5 SUV, which was revealed as a concept in China earlier this year, the radical EV4 sedan, and the EV3 SUV. Kia says these three models will join its global EV line-up in future and will facilitate the brand to achieve an annual… Continue reading Kia showcases three models at global EV day event in Korea

JLR India reports its highest ever H1 performance registering 2356 unit sales

JLR India on Thursday reported its best ever H1 fiscal performance to date. During the period from April to September 2023, the company achieved record-breaking sales of 2,356 units, representing a staggering year-on-year growth of 105%. The company attributed this growth to the unprecedented sales figures in both quarters, with Q2 alone witnessing a remarkable… Continue reading JLR India reports its highest ever H1 performance registering 2356 unit sales

LML acquires land in Haryana to establish EV Industrial Park

LML has acquired land in Haryana, solidifying its commitment to expanding the company’s operations and promoting sustainable mobility solutions in India. The newly acquired land will serve as the foundation for LML’s state-of-the-art EV industrial park. The land is located just off the Delhi Mumbai Expressway, on the main highway from Gurgaon to Alwar. It is a… Continue reading LML acquires land in Haryana to establish EV Industrial Park

LML acquires land in Haryana to establish EV Industrial Park

LML has acquired land in Haryana, solidifying its commitment to expanding the company’s operations and promoting sustainable mobility solutions in India. The newly acquired land will serve as the foundation for LML’s state-of-the-art EV industrial park. The land is located just off the Delhi Mumbai Expressway, on the main highway from Gurgaon to Alwar. It is a… Continue reading LML acquires land in Haryana to establish EV Industrial Park

RPG Group appoints Anant Goenka as Vice Chairman

RPG Group on Tuesday said it has appointed Anant Goenka as the Vice Chairman. In addition to his new role, he will continue to serve as the Vice Chairman of Ceat and Zensar Technologies. “Anant’s extensive experience, driving Cat towards performance excellence over the past decade, will play a pivotal role in shaping the next… Continue reading RPG Group appoints Anant Goenka as Vice Chairman

Diwali comes early: resilient India Auto Inc sells 11 million units in first-half FY2024, up 9%

With cumulative retail sales of automobiles across five segments – two- and three-wheelers, passenger vehicles, commercial vehicles and tractors – registering strong 20% year-on-year growth in September 2023 at 1.18 million units (18,82,071 units), India Auto Inc has closed the first six months of FY2024 on a strong note. Total sales of 1,10,79,116 units or… Continue reading Diwali comes early: resilient India Auto Inc sells 11 million units in first-half FY2024, up 9%

Montra Electric and Ecofy sign MoU for EV financing for cargo, e-three wheelers

Montra Electric, the EV brand of 123 years legacy Murugappa Group and Ecofy, India’s green-only NBFC have joined forces to offer accessible financing solutions for Electric Three-Wheelers.  Ecofy will offer financial assistance for both cargo and passenger vehicles. Rajashree Nambiar, Co-founder, MD and CEO, Ecofy, highlighted the company’s mission, stating, “Through this strategic tie-up with… Continue reading Montra Electric and Ecofy sign MoU for EV financing for cargo, e-three wheelers

Idemitsu and Toyota collaborate to manufacture solid-state batteries for EVs

Idemitsu Kosan Co (Idemitsu) and Toyota Motor Corporation have announced today that they have entered into an agreement to work together in developing mass production technology of solid electrolytes, improving productivity and establishment a supply chain, to achieve the mass production of all-solid-state batteries for battery electric vehicles (BEVs). Through this collaboration, the two companies,… Continue reading Idemitsu and Toyota collaborate to manufacture solid-state batteries for EVs

Idemitsu and Toyota collaborate to manufacture solid-state batteries for EVs

Idemitsu Kosan Co (Idemitsu) and Toyota Motor Corporation have announced today that they have entered into an agreement to work together in developing mass production technology of solid electrolytes, improving productivity and establishment a supply chain, to achieve the mass production of all-solid-state batteries for battery electric vehicles (BEVs). Through this collaboration, the two companies,… Continue reading Idemitsu and Toyota collaborate to manufacture solid-state batteries for EVs