Nissan readies five new models for India

While Renault has been in the limelight with the recently unveiled all-new Duster, its sister brand, Nissan, is also gearing up to launch a slew of new models for India and other emerging markets. In a presentation recently made by the brand, Nissan announced that it is readying as many as four new models for… Continue reading Nissan readies five new models for India

Triumph Speed 400 inaugural price offer ends soon

Triumph Motorcycles has announced that the special inaugural price offer for the Triumph Speed 400 will conclude on December 31, 2023. The motorcycle, which was launched in July with a special offer of Rs 10,000 off, leading to an effective price of Rs 2.23 lakhs, witnessed an overwhelming response in bookings. To capitalise on the… Continue reading Triumph Speed 400 inaugural price offer ends soon

Penetration of electric buses set to double next fiscal

The share of electric buses (e-buses) in India’s new bus sales is poised to double to 8% in the upcoming fiscal year, up from 4% in the previous fiscal year. This surge is attributed to the government’s concerted efforts to decarbonise public transportation and the improving total cost of ownership. According to Crisil, a rating agency,… Continue reading Penetration of electric buses set to double next fiscal

Three-wheeler passenger carrier sales jump 75% to 378,711 units, Bajaj Auto share rises to 76% in April-November

India Auto Inc is firing on all cylinders in the ongoing fiscal year and while most of the headlines for the number-crunching news stories are dominated by passenger vehicles or two-wheelers, the three-wheeler sub-segment has been carving out its very own solid growth trajectory. Cumulative April-November 2023 wholesales of the three-wheeler vehicle category, which is… Continue reading Three-wheeler passenger carrier sales jump 75% to 378,711 units, Bajaj Auto share rises to 76% in April-November

BelRise calls off $2.5 billion agreement with Gogoro on battery swapping infrastructure 

Pune-based Belrise Industries (formerly Badwe Engineering) has abandoned its plans to invest $2.5 billion as part of the tripartite agreement with the Maharashtra government and Taiwanese firm Gogoro to build a battery-swapping infrastructure. The three parties had signed an MoU (Memorandum of Understanding) in January 2023, at the World Economic Forum in Davos.  The MoU… Continue reading BelRise calls off $2.5 billion agreement with Gogoro on battery swapping infrastructure 

BelRise calls off $2.5 billion agreement with Gogoro on battery swapping infrastructure 

Pune-based Belrise Industries (formerly Badwe Engineering) has abandoned its plans to invest $2.5 billion as part of the tripartite agreement with the Maharashtra government and Taiwanese firm Gogoro to build a battery-swapping infrastructure. The three parties had signed an MoU (Memorandum of Understanding) in January 2023, at the World Economic Forum in Davos.  The MoU… Continue reading BelRise calls off $2.5 billion agreement with Gogoro on battery swapping infrastructure 

BelRise calls off $2.5 billion agreement with Gogoro on battery swapping infrastructure 

Pune-based Belrise Industries (formerly Badwe Engineering) has abandoned its plans to invest $2.5 billion as part of the tripartite agreement with the Maharashtra government and Taiwanese firm Gogoro to build a battery-swapping infrastructure. The three parties had signed an MoU (Memorandum of Understanding) in January 2023, at the World Economic Forum in Davos.  The MoU… Continue reading BelRise calls off $2.5 billion agreement with Gogoro on battery swapping infrastructure 

BelRise calls off $2.5 billion agreement with Gogoro on battery swapping infrastructure 

Pune-based Belrise Industries (formerly Badwe Engineering) has abandoned its plans to invest $2.5 billion as part of the tripartite agreement with the Maharashtra government and Taiwanese firm Gogoro to build a battery-swapping infrastructure. The three parties had signed an MoU (Memorandum of Understanding) in January 2023, at the World Economic Forum in Davos.  The MoU… Continue reading BelRise calls off $2.5 billion agreement with Gogoro on battery swapping infrastructure 

Advantec Wheels to invest Rs 100 crore in flow-forged alloy wheels business

New Delhi-based Advantec Wheels, which has set out to build a premium aftermarket alloy wheels brand in India with its unique flow-forged products that offer extensive customisation options to customers, plans to invest Rs 100 crore in the business which is likely to get commercialised from April 2024. The company is setting up a state-of-the-art… Continue reading Advantec Wheels to invest Rs 100 crore in flow-forged alloy wheels business

Advantec Wheels to invest Rs 100 crore in flow-forged alloy wheels business

New Delhi-based Advantec Wheels, which has set out to build a premium aftermarket alloy wheels brand in India with its unique flow-forged products that offer extensive customisation options to customers, plans to invest Rs 100 crore in the business which is likely to get commercialised from April 2024. The company is setting up a state-of-the-art… Continue reading Advantec Wheels to invest Rs 100 crore in flow-forged alloy wheels business