TVS cuts iQube e-scooter price by Rs 11,250 after FAME II subsidy revision

Following the recently announced revision in subsidy under the FAME II Scheme by the government, TVS Motor Company has revised the pricing for its electric scooter, the iQube Electric. The iQube Electric now costs Rs 11,250 less. From the earlier Rs 112,027 in New Delhi, the eco-friendly scooter now costs Rs 100,777 in the capital… Continue reading TVS cuts iQube e-scooter price by Rs 11,250 after FAME II subsidy revision

Scrambler Ducati partners The Bridge School, India to mentor automotive designers

Italian luxury motorcycle manufacturer, Ducati has announced that its Scrambler brand has partnered with The Bridge School, India (TBS) for a specially crafted program called ‘TBS-Scrambler Ducati Industry Connect Programme’ to mentor top design talents in the country. The objective of the course is to groom young talents with a flair for automotive design via an intense… Continue reading Scrambler Ducati partners The Bridge School, India to mentor automotive designers

Hero MotoCorp’s CoLabs platform invites entries to reimagine retail experience

Hero MotoCorp has announced a new initiative under its Hero CoLabs platform christened ‘eXPerience Challenge’, which will focus on creating a new retail experience for Hero MotoCorp customers. The OEM says the challenge will provide a platform for architects, interior designers and enthusiasts to translate their vision into reality and showcase their technical skills, creativity, and designing… Continue reading Hero MotoCorp’s CoLabs platform invites entries to reimagine retail experience

Amara Raja Batteries announces strategic business initiatives

The Board of Amara Raja Batteries (ARBL) has announced several strategic initiatives to take advantage of fast emerging new opportunities to accelerate growth. As part of the move, the company’s Founder Chairman Dr. Ramachandra Galla has decided to step down after 36 years at the helm. Dr Galla will be succeeded by Jayadev Galla. ARBL… Continue reading Amara Raja Batteries announces strategic business initiatives

Amara Raja Batteries announces leadership change, focus on new business opportunities

The Board of Amara Raja Batteries (ARBL) has announced several strategic initiatives to take advantage of fast emerging new opportunities to accelerate growth. As part of the move, the company’s Founder Chairman Dr. Ramachandra Galla has decided to step down after 36 years at the helm. Dr Galla will be succeeded by Jayadev Galla. ARBL… Continue reading Amara Raja Batteries announces leadership change, focus on new business opportunities

FAME II revision: ​​UNO Minda Group well placed to cater to likely EV boom

Sunil Bohra, CFO, UNO Minda Group: “While many EV products have been operationalised, many are still under development.” The recent revision announced last week in the FAME II incentive scheme looks all set to give a fillip to the adoption of electric mobility in India, particularly with respect to electric two- and three-wheelers, which are… Continue reading FAME II revision: ​​UNO Minda Group well placed to cater to likely EV boom

Mahindra Finance eyes growth frontiers in digital, electric vehicle leasing

Mahindra Finance is looking at a big play in digital and leasing of electric vehicles (EVs) as part of its growth blueprint.  “For a model like ours which is rural-focused, one of the big opportunities is digital for people to pay their instalments. If the customer is confident that money is going into the right… Continue reading Mahindra Finance eyes growth frontiers in digital, electric vehicle leasing