Tata Power reports surge in e-bus and four-wheeler fleet charging segments in 8 months of FY24 

Tata Power, India’s largest integrated power company, has reported impressive growth in its e-bus and four-wheeler fleet segments during the first eight months of FY24. The company witnessed a remarkable 100% increase in the e-bus charging  stations and a significant 60% growth in the e-four-wheeler fleet charging  segment. These results were shared with investors on… Continue reading Tata Power reports surge in e-bus and four-wheeler fleet charging segments in 8 months of FY24 

Tata Power reports surge in e-bus and four-wheeler fleet charging segments in 8 months of FY24 

Tata Power, India’s largest integrated power company, has reported impressive growth in its e-bus and four-wheeler fleet segments during the first eight months of FY24. The company witnessed a remarkable 100% increase in the e-bus charging  stations and a significant 60% growth in the e-four-wheeler fleet charging  segment. These results were shared with investors on… Continue reading Tata Power reports surge in e-bus and four-wheeler fleet charging segments in 8 months of FY24 

Tata Technologies to list on bourses tomorrow 

Tata Technologies is set to be listed on the bourses tomorrow (30 November), in what is the first Tata Group IPO in nearly two decades. Tata Technologies set the IPO price band at Rs 475-500.  Tata Consultancy Services was the group’s last IPO in 2004.  Tata Technologies, a subsidiary of Tata Motors, is a leading… Continue reading Tata Technologies to list on bourses tomorrow 

EV transition is a marathon, Govt support needed for a decade – Balbir Dhillon, Head, Audi India

Balbir Dhillon, the head of Audi India has urged the government of India to extend import duty support for electric vehicles in order to popularise the zero-emission alternative.   Speaking at the Autocar Professional’s India EV Conclave in partnership with the Tamil Nadu government, Dhillon said the government support should “continue for at least a decade”… Continue reading EV transition is a marathon, Govt support needed for a decade – Balbir Dhillon, Head, Audi India

New Renault Duster revealed; India launch in 2025

After a series of online leaks, the new Renault Duster has finally been revealed officially by Renault’s sister brand Dacia in Portugal. The new Duster will go on sale in Europe early next year, after which it’ll be available in other markets. The India launch is slated to take place in the second half of 2025. … Continue reading New Renault Duster revealed; India launch in 2025

Michelin to shut factories in Germany: Report

France-based tyre maker Michelin stated on Tuesday that it will shut two factories and axe over 1,500 jobs in Germany on the back of rising costs and competition from cheaper imports, AFP reported. Germany’s industrial sector has been dealing with high energy prices, inflation and fast increasing eurozone interest rates for over a year, AFP… Continue reading Michelin to shut factories in Germany: Report

Need electric 2W subsidies for 2-3 more years, say new-age OEMs

Demand subsidy for electric two-wheelers has a crucial role in supporting the transition from internal combustion variants in the early stages and the incentives are needed for 2-3 more years till the penetration reaches an inflection point, executives from new-age automakers said at the India EV Conclave organised by Autocar Professional with the government of… Continue reading Need electric 2W subsidies for 2-3 more years, say new-age OEMs

Need electric 2W subsidies for 2-3 more years, say new-age OEMs

Demand subsidy for electric two-wheelers has a crucial role in supporting the transition from internal combustion variants in the early stages and the incentives are needed for 2-3 more years till the penetration reaches an inflection point, executives from new-age automakers said at the India EV Conclave organised by Autocar Professional with the government of… Continue reading Need electric 2W subsidies for 2-3 more years, say new-age OEMs

Gogoro first foreign two-wheeler OEM and Battery Swapping provider to be recognised by SIDBI

Gogoro has been recognised by the Small Industries Development Bank of India (SIDBI) as an empanelled OEM making its registered vehicles eligible for SIDBI’s EV financing programs. This initiative makes Gogoro the first global electric two-wheel OEM and the first battery-swapping player to qualify for empanelment with SIDBI. Through this initiative, Gogoro aims to facilitate… Continue reading Gogoro first foreign two-wheeler OEM and Battery Swapping provider to be recognised by SIDBI

Antolin revenues up 10% to 3,220 million euros in first nine months of 2023

Leading vehile interiors manufacturer Antolin has reported revenues of 3,533 million euros in the first nine months of 2023, up 10% compared to €3,220 million in the same period last year (+10%). Between January and September, Antolin achieved 249 million euros in EBITDA which represents growth standing at 12%, accomplished in part by the efficiency… Continue reading Antolin revenues up 10% to 3,220 million euros in first nine months of 2023