Skoda Auto to invest Euro 5.6 billion for electric vehicles, plans a small affordable SUV EV by 2025

Skoda Auto to invest Euro 5.6 billion for electric vehicles, plans a small affordable SUV EV by 2025 With a commitment of Euro 5.6 billion, Skoda Auto is accelerating its electrification strategy with plans to launch six battery electric vehicles by 2026. The company plans to enter the affordable small EV market by 2025 with… Continue reading Skoda Auto to invest Euro 5.6 billion for electric vehicles, plans a small affordable SUV EV by 2025

Skoda Auto to invest Euro 5.6 billion for electric vehicles, plans a small affordable SUV EV by 2025

Skoda Auto to invest Euro 5.6 billion for electric vehicles, plans a small affordable SUV EV by 2025 With a commitment of Euro 5.6 billion, Skoda Auto is accelerating its electrification strategy with plans to launch six battery electric vehicles by 2026. The company plans to enter the affordable small EV market by 2025 with… Continue reading Skoda Auto to invest Euro 5.6 billion for electric vehicles, plans a small affordable SUV EV by 2025

M&M’s SUV revenue crosses a record Rs 50,000 crore in FY2023

Mahindra & Mahindra (M&M) has grabbed the No. 1 SUV maker position in terms of revenue in FY2023, and it was just 300 units shy of the lead in terms of volumes behind arch rival Tata Motors. FY2023 has turned out to be a record-breaking year for M&M on almost all parameters. In what has been… Continue reading M&M’s SUV revenue crosses a record Rs 50,000 crore in FY2023

Skoda Elroq EV SUV will replace Karoq globally

Skoda has unveiled a fresh all-electric SUV, the Elroq, that will replace the Karoq overseas in the near future. This new SUV will be Skoda’s second born EV that will be followed by four more EVs globally by 2026. Skoda Elroq: first SUV to get Modern Solid design languageSkoda’s all-new and rugged design language,  Modern… Continue reading Skoda Elroq EV SUV will replace Karoq globally

M&M remains confident of pickup truck growth in FY24, monsoon, interest rates key to growth of segment

M&M remains confident of pickup truck growth in FY24, monsoon, interest rates key to growth of segment Reinforcing its leadership position, Mahindra & Mahindra, which launched its new-gen Bolero Pick up on Tuesday, believes that the upcoming monsoon season and the much-needed reversal of high-interest rates will be key to the pick-up segment achieving its… Continue reading M&M remains confident of pickup truck growth in FY24, monsoon, interest rates key to growth of segment

Bajaj Auto plans Rs 500 crore capex for EV business in FY24

With an aim to scale its electric business, Pune-based Bajaj Auto is planning to invest Rs 500 crore capex in the electric vehicle segment, the majority of which will go towards building capabilities for its upcoming electric three-wheelers, a top company executive said.  According to Dinesh Thappar, CFO Bajaj Auto, in the last fiscal year,… Continue reading Bajaj Auto plans Rs 500 crore capex for EV business in FY24

Mahindra & Mahindra launches its All-New Bolero MaXX Pik-Up range starting at Rs 7.85 lakh (ex-showroom)

Mahindra & Mahindra launches its All-New Bolero MaXX Pik-Up range starting at Rs 7.85 lakh (ex-showroom) Mahindra & Mahindra launches its All-New Bolero MaXX Pik-Up range starting at Rs 7.85 lakh (ex-showroom).  The new Bolero MaXX Pik-Up range can be booked at a minimum down payment of RR 24,999, with Mahindra also offering attractive financing… Continue reading Mahindra & Mahindra launches its All-New Bolero MaXX Pik-Up range starting at Rs 7.85 lakh (ex-showroom)

In Conversation with MG Motor India’s Rajeev Chaba

MG Motor India is looking to grow its EV penetration in India with the launch of the MG Comet EV that comes with 54 percent localisation at start of production and will rival the likes of the Tata Tiago EV. The company is bullish about the Comet’s unique proposition as a micro, urban-mobility solution. MG… Continue reading In Conversation with MG Motor India’s Rajeev Chaba

In Conversation with MG Motor India’s Rajeev Chaba

MG Motor India is looking to grow its EV penetration in India with the launch of the MG Comet EV that comes with 54 percent localisation at start of production and will rival the likes of the Tata Tiago EV. The company is bullish about the Comet’s unique proposition as a micro, urban-mobility solution. MG… Continue reading In Conversation with MG Motor India’s Rajeev Chaba

CEAT inaugurates its largest truck service hub in Gandhidham

CEAT has announced the inauguration of its largest Truck Service Hub in Gandhidham today. This service hub is being launched in association with one of the car tyre manufacturer’s dealers, Bharat Tyres Gujarat. CEAT is set to inaugurate three more such Truck Service Hubs later this month in Maharashtra, Madhya Pradesh, and Karnataka respectively. The… Continue reading CEAT inaugurates its largest truck service hub in Gandhidham