Autocar_Professional India Online News – Page 1380

Standard Chartered Bank to provide financing access for Tata Motors’ EV dealers

Standard Chartered Bank has announced its partnership with Tata Motors for offering Supply Chain Finance Solutions to their Electric Vehicle (EV) dealers. Currently Standard Chartered Bank offers inventory funding limits to the ICE dealerships of Tata Motors, across its Passenger and Commercial Vehicle businesses. The Memorandum of Understanding (MoU) signed will enable the Bank to… Continue reading Standard Chartered Bank to provide financing access for Tata Motors’ EV dealers

Standard Chartered Bank to provide financing access for Tata Motors’ EV dealers

Ather opens first international retail outlet in Kathmandu, Nepal

Ather Energy, a prominent electric vehicle manufacturer has officially launched its first international Experience Centre, Ather Space, in Naxal, Kathmandu, Nepal. The Ather Space was opened in association with Vaidya Energy, a subsidiary of Vaidya’s Organisation of Industries and Trading Houses (VOITH). Since announcing its entry into the market last month, Ather has received a… Continue reading Ather opens first international retail outlet in Kathmandu, Nepal

Navratri cheer: Auto October retails grow 18% on YoY basis, shows FADA

October retail sales in Navratri saw an increase of 18% on a year on year basis, according to FADA data. Navratri ’23 brought unprecedented sales to auto retail, surpassing the previous high of Navratri ’17, stated the press release. During the 10 days of Navratri, all categories except tractors saw gains. Two-wheelers, three-wheelers, commercial vehicles… Continue reading Navratri cheer: Auto October retails grow 18% on YoY basis, shows FADA

PV inventory levels at all time high of 63-66 days shows October data, FADA issues red flag

With passenger vehicle inventory levels soaring to an all-time high of 63-66 days, dealerships are signalling capacity concerns. FADA, which released its Vehicle Retail data for October 2023, has issued a red flag, urging OEMs to not only moderate vehicle dispatches but also to introduce more aggressive and attractive schemes promptly, to clear inventory before the… Continue reading PV inventory levels at all time high of 63-66 days shows October data, FADA issues red flag

Using JLR’s EMA platform will reduce time to market for premium EVs: Tata Motors’ Shailesh Chandra

Tata Motors, India’s largest electric car and SUV manufacturer, continues to take critical steps in accelerating EV adoption in India. With a commanding EV market share of over 75%, any deviation at its end has an impact on the overall EV market. Case in point is the recent upgrade of the Tata Nexon wherein the… Continue reading Using JLR’s EMA platform will reduce time to market for premium EVs: Tata Motors’ Shailesh Chandra

Using JLR’s EMA platform will reduce time to market for premium EVs: Tata Motors’ Shailesh Chandra

New EV launches lined up for 2024

We recently brought you the list of all new SUVs launching in India by the end of 2024. Continuing on our new car 2024 guide, we now bring to you the full list of all new electric vehicles that’ll launch in India over the course of the next year. This includes electrified versions of existing models such… Continue reading New EV launches lined up for 2024

Mystery scooter snapped testing in Bengaluru could be an EV

An eagle-eyed photographed has snapped a mystery scooter testing on Bengaluru’s Bannerghatta Road. While at first glance, the camouflaged two-wheeler seems quite familiar to the popular TVS iQube electric scooter albeit a closer look reveals concealed bodywork that appears quite different. Furthermore, TVS two-wheelers out on testing runs generally do not wear KA registration plates… Continue reading Mystery scooter snapped testing in Bengaluru could be an EV