Autocar_Professional India Online News – Page 1524

BYD faces investigation for underpaying tax in India: Report

Chinese automaker BYD is facing an ongoing Indian investigation on allegations that it paid too little tax on imported parts for cars it assembles and sells in the country, two persons in the know told Reuters. One source informed the newswire that the country’s Directorate of Revenue Intelligence (DRI) has alleged that BYD underpaid tax… Continue reading BYD faces investigation for underpaying tax in India: Report

BYD faces investigation for underpaying tax in India: Report

Wardwizard posts Rs 1.73 crore in profit in Q1 FY2024

Wardwizard Innovations & Mobility, an electric vehicle manufacturer under the brand ‘Joy e-bike’, announced its financial results for the first quarter (April- June 2023) of FY24. The company reported a standalone revenue of Rs 37.8 crore, and profit of Rs 1.73 crore. The company which recently opened 12 distributor showrooms in 11 cities pan India,… Continue reading Wardwizard posts Rs 1.73 crore in profit in Q1 FY2024

Wardwizard posts Rs 1.73 crore in profit in Q1 FY2024

Erisha e-mobility joins hands with MAHAPREIT to develop green hydrogen, EV and other technologies under renewable energy project

Erisha E Mobility, a part of the Rana Group Ventures, has collaborated as a knowledge partner with the Mahatma Phule Renewable Energy and Infrastructure Technology Limited, (MAHAPREIT), to promote and develop green hydrogen, electric vehicles, and solar/wind park technology under the renewable energy project. MAHAPREIT, a subsidiary of MPBCDC, Government of Maharashtra, is engaged in… Continue reading Erisha e-mobility joins hands with MAHAPREIT to develop green hydrogen, EV and other technologies under renewable energy project

Greaves Electric Mobility collaborates with ReadyAssist to bring full-stack after-sales services to Fleet customers

Ampere, the electric two-wheeler brand of Greaves Electric Mobility, has entered into a collaboration with ReadyAssist, a leader in the vehicle assistance industry, bringing full-stack after-sales and service support for its fleet customers. Under this agreement, ReadyAssist will cater to Ampere’s fleet of vehicles to ensure smooth operations, minimal downtime and maximum business efficiency for… Continue reading Greaves Electric Mobility collaborates with ReadyAssist to bring full-stack after-sales services to Fleet customers

ArcelorMittal, Marelli and Toyota among winners of 2023 Altair Enlighten Award

Altair, a global leader in computational science and artificial intelligence (AI) has named the winners of the 2023 Altair Enlighten Award. Presented in association with the Center for Automotive Research (CAR), the Altair Enlighten Award honour the greatest sustainability and lightweighting advancements that successfully reduce carbon footprint, mitigate water and energy consumption, and leverage material… Continue reading ArcelorMittal, Marelli and Toyota among winners of 2023 Altair Enlighten Award

FAME scanner: MHI received complaints against 17 OEMs, says Minister

The Ministry of Heavy Industries (MHI) said that it has received complaints against 17 OEMs under the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME) India Scheme Phase-II in the past 18 months. These mainly pertain to two aspects, PMP compliance and Breach of Ex-factory price. Further, incentive payments were stopped, in case… Continue reading FAME scanner: MHI received complaints against 17 OEMs, says Minister

Tata EV double decker bus patent image leaked

Tata Motors seems to be readying a fully electric double-decker bus, a leaked patent image has revealed. This all-new electric double-decker from Tata Motors will take on the Switch EiV22 double decker electric bus that is already in service in some Indian cities like Mumbai. Tata’s electric double decker bus: what does the patent image show? The single… Continue reading Tata EV double decker bus patent image leaked