The Ministry of Road Transport and Highways (MoRTH), which, in December 2022, had executed an amendment to the Central Motor Vehicle Rules (CMVR), to regularise used vehicle dealers in the market by mandating them to get an authorisation certificate from their respective RTOs under whose jurisdiction their business lies, is set to kick off the… Continue reading MoRTH to kick off used vehicle dealer authorisation process
Author: Autocar_Professional India Online News
Ola clocks 2 lakh unit sales in FY23; consolidates market share to over 30%
Ola Electric emerged as India’s best-selling and fastest-growing EV manufacturer in FY23, having sold a total of 200,000 units during this period. Maintaining its growth trajectory, Ola clocked its best month ever in March, surpassing 27000 units sales while topping the sales charts for 7 consecutive months. Bhavish Aggarwal, Founder and CEO, Ola Electric, said,… Continue reading Ola clocks 2 lakh unit sales in FY23; consolidates market share to over 30%
Ola clocks 2 lakh unit sales in FY23; consolidates market share to over 30%
Ola Electric emerged as India’s best-selling and fastest-growing EV manufacturer in FY23, having sold a total of 200,000 units during this period. Maintaining its growth trajectory, Ola clocked its best month ever in March, surpassing 27000 units sales while topping the sales charts for 7 consecutive months. Bhavish Aggarwal, Founder and CEO, Ola Electric, said,… Continue reading Ola clocks 2 lakh unit sales in FY23; consolidates market share to over 30%
Ola clocks 2 lakh unit sales in FY23; consolidates market share to over 30%
Ola Electric emerged as India’s best-selling and fastest-growing EV manufacturer in FY23, having sold a total of 200,000 units during this period. Maintaining its growth trajectory, Ola clocked its best month ever in March, surpassing 27000 units sales while topping the sales charts for 7 consecutive months. Bhavish Aggarwal, Founder and CEO, Ola Electric, said,… Continue reading Ola clocks 2 lakh unit sales in FY23; consolidates market share to over 30%
ExxonMobil investing around Rs 900 crore to build lubricant manufacturing plant in India
ExxonMobil investing around Rs 900 crore to build lubricant manufacturing plant in India ExxonMobil, the oil and natural gas conglomerate, is investing Rs 900 crore (US$110 million), to build a lubricant manufacturing plant in Raigad. Plans to establish this plant at the Maharashtra Industrial Development Corporation’s Isambe Industrial Area were made in the presence of Deputy… Continue reading ExxonMobil investing around Rs 900 crore to build lubricant manufacturing plant in India
SIAM and ACMA laud new foreign trade policy as growth accelerator
Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal today launched the Foreign Trade Policy 2023 saying that it is dynamic and has been kept open-ended to accommodate the emerging needs of the time. He stated that the policy had been under discussion for a long time and… Continue reading SIAM and ACMA laud new foreign trade policy as growth accelerator
Spinny launches IPL campaign Go Far
The films will be released during the IPL 2023, scheduled to take place from today to 28 May 2023. The campaign is about how people go far for love, for dreams, or for themselves and in the true IPL spirit, for their squad. Spinny, the full-stack used car buying and selling platform, has launched its… Continue reading Spinny launches IPL campaign Go Far
BLive, Chartered Bike ink Rs 120 crore MoU
BLive, a Bengaluru-based electric vehicle platform, has signed a Memorandum of Undertaking (MoU) with Chartered Bike (CBPL) for around Rs 120 crore. The estimated deployment is in three phases, Rs 30 crore in the first year, Rs 40 Cr in the second, and Rs 50 crore in the third year. The partnership between BLive and CBPL is… Continue reading BLive, Chartered Bike ink Rs 120 crore MoU
Piaggio Vehicles appoints Ajay Raghuvanshi as Executive Vice President of 2W Domestic Business (ICE)
Piaggio Vehicles appoints Ajay Raghuvanshi as Executive Vice President of 2W Domestic Business (ICE) Piaggio Vehicles, the 100 percent subsidiary of the Italian auto giant Piaggio Group, has announced the appointment of Ajay Raghuvanshi as the Executive Vice President of 2W Domestic Business (ICE). Raghuvanshi will be reporting to Diego Graffi, Chairman and Managing Director… Continue reading Piaggio Vehicles appoints Ajay Raghuvanshi as Executive Vice President of 2W Domestic Business (ICE)
MoHI sanctions Rs 800 crore to OMCs to set up 7,432 fast charging stations
In a bid to boost the eco-system for the adoption of electric vehicles, the Ministry of Heavy Industries has sanctioned Rs 800 crore under FAME India Scheme Phase II to the PSU Oil Marketing Companies (OMC) – Indian Oil (IOCL), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) – for setting up 7432 public fast charging… Continue reading MoHI sanctions Rs 800 crore to OMCs to set up 7,432 fast charging stations