Volvo Car India recorded a 33% growth in the first half of 2023 by delivering 1,089 cars during the January to June period, as compared to 818 units delivered in the corresponding period of last year. The growth was primarily driven by the XC60, which experienced a substantial 35% increase, resulting in 376 deliveries, the… Continue reading Volvo Car India records 33% growth in H1 2023
Author: Autocar_Professional India Online News
Maruti launches Fronx CNG at Rs 8.42 lakh
Maruti Suzuki has launched the CNG version of the Fronx coupe crossover at Rs 8.42 lakh for the entry-level Sigma trim, going up to Rs 9.28 lakh for the mid-spec Delta trim. The CNG trims are only available on the 1.2-litre petrol engine on the Fronx, and come at a premium of Rs 95,000 over its corresponding petrol… Continue reading Maruti launches Fronx CNG at Rs 8.42 lakh
Maruti launches Fronx CNG at Rs 8.42 lakh
Maruti Suzuki has launched the CNG version of the Fronx coupe crossover at Rs 8.42 lakh for the entry-level Sigma trim, going up to Rs 9.28 lakh for the mid-spec Delta trim. The CNG trims are only available on the 1.2-litre petrol engine on the Fronx, and come at a premium of Rs 95,000 over its corresponding petrol… Continue reading Maruti launches Fronx CNG at Rs 8.42 lakh
Neuron Energy secures Rs 200 million in pre-series A round funding
EV smart battery manufacturer Neuron Energy has raised Rs 200 million in its pre-series A round. The investment was led by Equanimity Investments and the Rajiv Dadlani Group, besides participation from the Chona Family Office (Havmor Group), Kayenne Ventures, Family Offices, and HNI investors. The company plans to use the funds primarily to support key… Continue reading Neuron Energy secures Rs 200 million in pre-series A round funding
Neuron Energy secures Rs 200 million in pre-series A round funding
EV smart battery manufacturer Neuron Energy has raised Rs 200 million in its pre-series A round. The investment was led by Equanimity Investments and the Rajiv Dadlani Group, besides participation from the Chona Family Office (Havmor Group), Kayenne Ventures, Family Offices, and HNI investors. The company plans to use the funds primarily to support key… Continue reading Neuron Energy secures Rs 200 million in pre-series A round funding
Neuron Energy secures Rs 200 million in pre-series A round funding
EV smart battery manufacturer Neuron Energy has raised Rs 200 million in its pre-series A round. The investment was led by Equanimity Investments and the Rajiv Dadlani Group, besides participation from the Chona Family Office (Havmor Group), Kayenne Ventures, Family Offices, and HNI investors. The company plans to use the funds primarily to support key… Continue reading Neuron Energy secures Rs 200 million in pre-series A round funding
Altigreen and LOHUM sign strategic partnership for sustainable disposal and low carbon recycling of EV batteries
Altigreen, a commercial cargo electric vehicles manufacturer, and LOHUM, a producer of sustainable energy transition materials, have entered into a strategic partnership aimed at addressing the critical challenge of sustainable battery disposal in the electric vehicle industry. Under this partnership, LOHUM will recycle end-of-life batteries from Altigreen electric vehicles via its NEETM technology, recovering 95%… Continue reading Altigreen and LOHUM sign strategic partnership for sustainable disposal and low carbon recycling of EV batteries
SAMIL signs three acquisition deals worth Rs 1,475 crore in a week
Samvardhana Motherson (SAMIL), a demerged subsidiary of Motherson Sumi, entered into three new strategic acquisitions deals worth Rs 1,475 crore earlier this month. The Noida-based auto component major signed an agreement with Honda Motors to acquire an 81 percent stake in Yachiyo Industry’s component business for an equity consideration of Euro 145 million (Rs 1,300… Continue reading SAMIL signs three acquisition deals worth Rs 1,475 crore in a week
SAMIL signs three acquisition deals worth Rs 1,475 crore in a week
Samvardhana Motherson (SAMIL), a demerged subsidiary of Motherson Sumi, entered into three new strategic acquisitions deals worth Rs 1,475 crore earlier this month. The Noida-based auto component major signed an agreement with Honda Motors to acquire an 81 percent stake in Yachiyo Industry’s component business for an equity consideration of Euro 145 million (Rs 1,300… Continue reading SAMIL signs three acquisition deals worth Rs 1,475 crore in a week
Suzuki Motorcycle India rolls out the 5 millionth Access 125 from its Gurugram plant
Suzuki Motorcycle India (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, has rolled out its 5 millionth Access 125 from its Kherki Dhaula plant situated in Gurugram, Haryana. Access 125 was the first scooter in the 125 cc segment at the time of its launch in 2007. Commenting on the occasion, Kenichi Umeda, Managing Director, Suzuki… Continue reading Suzuki Motorcycle India rolls out the 5 millionth Access 125 from its Gurugram plant