Autocar_Professional India Online News – Page 1492

‘Different strokes for different folks is our product strategy’: Tarun Garg

India’s No. 2 carmaker by sales volumes Hyundai Motor India has entered the entry-SUV segment with the sub-four-metre Exter, which aims to raise the benchmark, and target a wide set of audience with its aggressive introductory pricing of Rs 599,900. With the Exter, Hyundai Motor India is confident of gaining incremental volumes to grow its overall sales… Continue reading ‘Different strokes for different folks is our product strategy’: Tarun Garg

MAHLE wins series order for hydrogen engines from German company Deutz

MAHLE has received a series order from German engine manufacturer DEUTZ for the development and supply of components for hydrogen engines. These are so-called power cell units, i.e. units consisting of the piston, the piston ring pack and the piston pin, which the German company plans to use in stationary hydrogen engines for the first… Continue reading MAHLE wins series order for hydrogen engines from German company Deutz

Greaves Electric Mobility sells 2 lakh Ampere electric two wheelers

Greaves Electric Mobility (GEMPL) has crossed 200,000 secondary sales of its Ampere brand electric vehicles as of the first quarter of fiscal year 2024, according to a release shared by the company. Ampere offers a product line that caters to both personal mobility and last-mile e-commerce consumers. In April 2023 the company announced that it had surpassed the… Continue reading Greaves Electric Mobility sells 2 lakh Ampere electric two wheelers

Greaves Electric Mobility sells 2 lakh Ampere electric two wheelers

Foxconn to apply for India chipmaking incentives after US$ 19.5 billion JV pullout: Report

Just one day after withdrawing from a US$ 19.5 billion joint venture with mining company Vedanta, Taiwanese giant Foxconn has said that it plans to apply for incentives that India is offering under its semiconductor manufacturing policy. “Foxconn is committed to India and sees the country successfully establishing a robust semiconductor manufacturing ecosystem. Foxconn is… Continue reading Foxconn to apply for India chipmaking incentives after US$ 19.5 billion JV pullout: Report

Royal Enfield to launch Bullet 350 in the coming months

The all-new incoming Bullet is internally codenamed as the J1B, and along with the upcoming Classic 350 Bobber, it is part of the revamp of Royal Enfield’s core platform with 350cc engines. Much like the new-age Classic 350, the new Bullet is set to get a new heart and a body. Yet, it is going… Continue reading Royal Enfield to launch Bullet 350 in the coming months

Balkrishna Industries sees Off Highway Tyres’ sales mix reaching 50% in 4 years, aims to double global presence

Driven by the growth in mining, construction, and industrial OEMs across the globe and market share gains in geographies like India and the USA, Balkrishna Industries (BIL) expects its off-highway tyres’ (OHT) sales mix to jump from one-third of total revenues currently to 50 percent in the next 3-4 years. The multinational tyre company, which… Continue reading Balkrishna Industries sees Off Highway Tyres’ sales mix reaching 50% in 4 years, aims to double global presence

Balkrishna Industries sees Off Highway Tyres’ sales mix reaching 50% in 4 years, aims to double global presence

Ola Electric maintains leader position despite market downturn

The electric two-wheeler market sold 45,734 e-scooters and e-bikes in June 2023, signifying an 56.6 percent drop from the industry’s best-ever performance in May 2023 (105,338 units). However, when compared to last year’s figures from June 2022 (44,381 units), it was a small 3 percent increase. The reason for the MoM crash is the slashing… Continue reading Ola Electric maintains leader position despite market downturn