PM Narendra Modi reviews India’s first indigenous Alkaline Electrolyser by BPCL at India Energy Week 2024

BPCL showcased the first indigenous alkaline electrolyser at the India Energy Week 2024 (IEW) in Goa, where Hon’ble Prime Minister Narendra Modi reviewed its operation.  Alkaline water electrolysis, the process through which hydrogen is produced from alkaline water via electrolysis, marks a pivotal advancement in industrial-scale application. Developed collaboratively with BARC, the prototype demonstrates high cell… Continue reading PM Narendra Modi reviews India’s first indigenous Alkaline Electrolyser by BPCL at India Energy Week 2024

Toyota introduces third facelift for Hilux

Toyota has introduced a third facelift for the Hilux pickup truck in Australia and Indonesia, and this is likely to be the last update for the current-gen model before an all-new Hilux arrives next year. There’s a slightly revised front end, a new 48V mild-hybrid tech for the diesel engine and a few feature additions on the inside.… Continue reading Toyota introduces third facelift for Hilux

Omega Seiki signs MoU with Attero for recycling of EV batteries

Omega Seiki and Attero have signed an MoU for the recycling of EV batteries, where Attero will repurpose Omega Seiki’s batteries for energy storage. Omega Seiki plans to deploy EV batteries totalling over 1 GWH in the next 5 years, accompanied by a collective target with Attero to recycle over 100 MWh of batteries in… Continue reading Omega Seiki signs MoU with Attero for recycling of EV batteries

Upcoming car launches: February 2024 and beyond

The first month of 2024 has already seen 18 new car launches, which is no small number by any means, and it doesn’t seem like carmakers are slowing down much. There are at least 8 new cars that are expected to launch in India in the next few months, and the models being brought in… Continue reading Upcoming car launches: February 2024 and beyond

Audi readies third-gen Q7 for 2026 debut

Audi has begun work on the third-generation Q7 SUV that will see a global debut by 2026. The new Q7 will be one of the last combustion-engine-powered Audi cars as the German brand has plans to introduce electric models only from 2026. New Audi Q7 design highlights Design-wise, the new Q7 will follow Audi’s upcoming Q3 and Q5 in… Continue reading Audi readies third-gen Q7 for 2026 debut

River raises USD 40 million in oversubscribed Series B funding led by Yamaha Motor

River, a Bengaluru-based startup building multi-utility electric scooters has secured USD 40 million (Rs 335 crore) in an oversubscribed Series B funding led by Yamaha Motor Co., Ltd.  The round also saw participation from existing investors Al-Futtaim Automotive, Lowercarbon Capital, Toyota Ventures and Maniv Mobility. This round takes the cumulative fund raised by the company to… Continue reading River raises USD 40 million in oversubscribed Series B funding led by Yamaha Motor

River raises USD 40 million in oversubscribed Series B funding led by Yamaha Motor

River, a Bengaluru-based startup building multi-utility electric scooters has secured USD 40 million (Rs 335 crore) in an oversubscribed Series B funding led by Yamaha Motor Co., Ltd.  The round also saw participation from existing investors Al-Futtaim Automotive, Lowercarbon Capital, Toyota Ventures and Maniv Mobility. This round takes the cumulative fund raised by the company to… Continue reading River raises USD 40 million in oversubscribed Series B funding led by Yamaha Motor

New Kia Seltos bookings exceed 100,000, automatics account for 50%

Bookings for the facelifted Kia Seltos, which was launched in July 2023 with prices starting from Rs 10.99 lakh (ex-showroom), have crossed the 100,000 mark. According to Kia India, the premium automatic transmission-equipped Seltos variants have emerged as the top choice amongst the buyers for the midsize SUV and account for 50% of the total… Continue reading New Kia Seltos bookings exceed 100,000, automatics account for 50%

UK sells its millionth electric car, fleet market drives BEV demand

The millionth battery electric vehicle (BEV) reached the road in the UK in January 2024, while the new car market grew 8.2% for the month, according to the latest figures from the Society of Motor Manufacturers and Traders (SMMT). The first month of the year saw 142,876 new cars registered, an increase of 10,882 units… Continue reading UK sells its millionth electric car, fleet market drives BEV demand

Apollo Tyres targets higher growth from rural India with expanded distribution network

Apollo Tyres, which commands a fourth of India’s passenger-car radial segment in the aftermarket, is looking to expand its rural footprint in the country. The Gurugram-headquartered company states that it is witnessing higher growth from India’s hinterlands and is, therefore, strengthening its presence in these markets which include Rajasthan, Uttar Pradesh and Madhya Pradesh. At… Continue reading Apollo Tyres targets higher growth from rural India with expanded distribution network