MG Motor India has launched MG StudioZ, an artificial intelligence and virtual reality centre in Chennai, with features such as a digital running façade, video wall configurator and a mega visualiser with an AR/VR zone. At the inaugural event for MG StudioZ, the company will showcase the recently launched Comet EV, the Smart Electric Vehicle… Continue reading MG Motor launches StudioZ AR/VR experience centre in Chennai
Author: Autocar_Professional India Online News
Ola commences construction of India’s biggest Gigafactory
Ola Electric, India’s largest electric vehicle company, today announced the commencement of construction of India’s biggest Gigafactory. The company has installed the first pillar of its cell factory in Krishnagiri, Tamil Nadu. Spread across 115 acres, the Ola Gigafactory will begin operations by early next year with an initial capacity of 5 GWh which will… Continue reading Ola commences construction of India’s biggest Gigafactory
Yamaha Neo’s to miss India launch; new premium EV in the works
Around a year back, Yamaha India chairman Eishin Chihana informed us that the company was working on adapting its Neo’s electric scooter for an India launch. However, a lot has changed since then, especially around regulatory structures and subsidies for electric bikes in India, and, as it appears, Yamaha’s own plans have also changed. The original plan… Continue reading Yamaha Neo’s to miss India launch; new premium EV in the works
Yamaha Neo’s to miss India launch; new premium EV in the works
Around a year back, Yamaha India chairman Eishin Chihana informed us that the company was working on adapting its Neo’s electric scooter for an India launch. However, a lot has changed since then, especially around regulatory structures and subsidies for electric bikes in India, and, as it appears, Yamaha’s own plans have also changed. The original plan… Continue reading Yamaha Neo’s to miss India launch; new premium EV in the works
Petromin Express India partners with HPCL to set up around 1,000 multi-brand quick service centres
Petromin Express India has partnered with HPCL to set up around 1,000 vehicle service centres at HPCL retail outlets in India. Petromin Corporation – KSA, a mobility solutions leader will work with HPCL to set up around 1,000 co-branded quick service outlets to offer a wide range of solutions under one roof – including HP lube… Continue reading Petromin Express India partners with HPCL to set up around 1,000 multi-brand quick service centres
Kia discontinues Carnival MPV in India
Kia has pulled the plug on the Carnival MPV in India and delisted the model from its website. A quick check with our dealer sources have confirmed the same. In fact, most dealers had already stopped taking fresh orders back in April at the onset of the BS6 Phase 2 emission norms, and only a handful of unsold… Continue reading Kia discontinues Carnival MPV in India
Michelin signs agreement to source 11 MW solar power from CleanMax for Thervoy Kandigai factory
Mobility and technology company Michelin has signed a Power Purchase Agreement (PPA) with CleanMax Enviro Energy Solutions, for the supply of 11 MW solar power at its factory in Thervoy Kandigai, Tamil Nadu. Florent Chaussade, Plant Director, Michelin Chennai, said that their partnership with CleanMax was one more concrete step by Michelin in India to… Continue reading Michelin signs agreement to source 11 MW solar power from CleanMax for Thervoy Kandigai factory
JK Tyre rating upgraded to IND A+/Stable by India Ratings
Rating agency India Ratings and Research has upgraded JK Tyre & Industries’ Long-Term Issuer Rating to ‘IND A+’ from ‘IND A’. The rating outlook has also been revised to Stable from Negative. The rating reflects JK Tyre’s strong operational and financial performance. The upgrade echoes a significant improvement in the company’s credit metrics on account of improved profitability and better-working capital… Continue reading JK Tyre rating upgraded to IND A+/Stable by India Ratings
JK Tyre rating upgraded to IND A+/Stable by India Ratings
Rating agency India Ratings and Research has upgraded JK Tyre & Industries’ Long-Term Issuer Rating to ‘IND A+’ from ‘IND A’. The rating outlook has also been revised to Stable from Negative. The rating reflects JK Tyre’s strong operational and financial performance. The upgrade echoes a significant improvement in the company’s credit metrics on account of improved profitability and better-working capital… Continue reading JK Tyre rating upgraded to IND A+/Stable by India Ratings
Ultraviolette launches UV SQUADRON, flags off first community ride to celebrate World Motorcycle Day
TVS Motor Company-backed two-wheeler firm Ultraviolette has launched its official riding community – UV SQUADRON, and hosted an inaugural community ride in Bengaluru, to celebrate World Motorcycle Day. The UV SQUADRON covered a cumulative distance of over 2,000 kilometres in a single day, bringing together F77 pilots on a common platform. UV SQUADRON is a… Continue reading Ultraviolette launches UV SQUADRON, flags off first community ride to celebrate World Motorcycle Day