Ashok Leyland and Aidrivers join hands to produce electric terminal truck for port operations

Ashok Leyland, the Indian flagship of the Hinduja Group and the country’s leading commercial vehicle manufacturer, and Aidrivers, a specialist in AI-enabled autonomous solutions, are partnering to produce autonomous electric terminal trucks to address the Net Zero emissions needs of the port industry. This unique truck model, which will be based on an Ashok Leyland… Continue reading Ashok Leyland and Aidrivers join hands to produce electric terminal truck for port operations

EVs to constitute 50% of the portfolio by 2030: Tata Motors

With a lion’s share of over 85 percent in electric passenger vehicle space, the homegrown auto major Tata Motors is confident of maintaining the lead in the country’s EV space, as per Shailesh Chandra, MD, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility.  In the Annual Report 2022-2023, the company highlighted its plan to… Continue reading EVs to constitute 50% of the portfolio by 2030: Tata Motors

EVs to constitute 50% of the portfolio by 2030: Tata Motors

With a lion’s share of over 85 percent in electric passenger vehicle space, the homegrown auto major Tata Motors is confident of maintaining the lead in the country’s EV space, as per Shailesh Chandra, MD, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility.  In the Annual Report 2022-2023, the company highlighted its plan to… Continue reading EVs to constitute 50% of the portfolio by 2030: Tata Motors

EVs to constitute 50% of the portfolio by 2030: Tata Motors

With a lion’s share of over 85 percent in electric passenger vehicle space, the homegrown auto major Tata Motors is confident of maintaining the lead in the country’s EV space, as per Shailesh Chandra, MD, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility.  In the Annual Report 2022-2023, the company highlighted its plan to… Continue reading EVs to constitute 50% of the portfolio by 2030: Tata Motors

EV motorcycle startup Raptee opens first manufacturing plant in Chennai

EV motorcycle startup Raptee has opened its first factory for manufacturing EV motorcycles in Chennai, which will be rolled out later this year. Raptee plans to invest Rs 85 crore in the plant, which will have an annual capacity of 1 lakh units. This factory will serve as the primary production plant for Raptee for… Continue reading EV motorcycle startup Raptee opens first manufacturing plant in Chennai

Ashok Leyland plans to enter the sub-two tonne mini-truck segment and challenge rivals Tata Motors and Mahindra & Mahindra

Ashok Leyland, the country’s third largest commercial vehicle maker plans to be a full range player in the fast-growing light commercial vehicle space. Addressing the investors on Thursday, Shenu Aggarwal, MD and CEO of Ashok Leyland said that the company plans to enter the sub-two tonne space and grow its presence in the 2-3.5 tonne segment.… Continue reading Ashok Leyland plans to enter the sub-two tonne mini-truck segment and challenge rivals Tata Motors and Mahindra & Mahindra

Ashok Leyland aims to corner 35% market share in the intermediate, medium and heavy truck segment

Ashok Leyland, the country’s second-largest medium and heavy vehicle maker is targeting a market share of 35% in the segment in the coming year, led by a strong market outperformance, claimed the company management to investors on Thursday. In the intermediate commercial vehicle – it plans to grow its truck share from 25% to 35%,… Continue reading Ashok Leyland aims to corner 35% market share in the intermediate, medium and heavy truck segment

Mahindra launches SUV XUV700 in Australia

Mahindra & Mahindra on Wednesday said it has launched the XUV700 in Australia. Given the strategic importance of this market, Mahindra’s introduction of its flagship SUV marks the company’s ambitious global expansion strategy and signifies the beginning of a phase for the brand in Australia, the press release noted. Mahindra recognises the significance of the… Continue reading Mahindra launches SUV XUV700 in Australia

Volvo Car India expects 25-30 percent of its sales in 2023 to come from EVs

Swedish luxury car maker Volvo Car India expects almost a third of its sales to come from battery electric vehicles (EVs). Already, in the first five months of this calendar year, 25 percent of the company’s sales are EVs. With the launch of the new C40 electric coupe, Volvo Car India may breach the four-digit mark… Continue reading Volvo Car India expects 25-30 percent of its sales in 2023 to come from EVs

Volvo Car India expects 25-30 percent of its sales in 2023 to come from EVs

Swedish luxury car maker Volvo Car India expects almost a third of its sales to come from battery electric vehicles (EVs). Already, in the first five months of this calendar year, 25 percent of the company’s sales are EVs. With the launch of the new C40 electric coupe, Volvo Car India may breach the four-digit mark… Continue reading Volvo Car India expects 25-30 percent of its sales in 2023 to come from EVs