Top 10 budget friendly cars and SUVs with ADAS

Many manufacturers are now focusing on making cars and SUVs safer for Indian car buyers. Be it through achieving a 5-star safety rating at Global NCAP or by providing safety features like Advanced Driver Assistance Systems (ADAS). The latter has a suite of features like lane departure warning, blind spot monitoring, adaptive cruise control, forward… Continue reading Top 10 budget friendly cars and SUVs with ADAS

HSBC India partners with Tata Motors to promote mass adoption of electric vehicles

HSBC India announced that it has partnered with Tata Motors, India’s leading automobile manufacturer and the pioneer of EV revolution in the country, for a corporate employee financing solution to accelerate the adoption of zero-emission Electric Vehicles.  HSBC India has partnered with Tata Motors for a corporate employee financing solution, to bolster the adoption of… Continue reading HSBC India partners with Tata Motors to promote mass adoption of electric vehicles

Tata Motors Finance partners with PASCO to introduce digital credit facility for commercial vehicle servicing and maintenance

Tata Motors Finance has partnered with PASCO to offer a digital credit line for an array of maintenance and servicing needs of Commercial Vehicles. The development was jointly announced by Sanjay Passi, Chairman, PASCO Group, and Samrat Gupta, MD and CEO, Tata Motors Finance. The facility will help fleet owners and commercial vehicle users to… Continue reading Tata Motors Finance partners with PASCO to introduce digital credit facility for commercial vehicle servicing and maintenance

GlobalFoundries collaborates with STMicroelectronics for semiconductor manufacturing facility in France

GlobalFoundries, a semiconductor manufacturer, and STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, have announced the conclusion of an agreement to create a new, jointly-operated, high-volume semiconductor manufacturing facility in Crolles, France. Speaking on the collaboration, Thomas Caulfield, President and CEO of GlobalFoundries. “In partnership with STMicroelectronics in Crolles, we are further… Continue reading GlobalFoundries collaborates with STMicroelectronics for semiconductor manufacturing facility in France

FAME subsidy: In third petition, CBITA talks about effectiveness of MHI EV policy and purpose of subsidies

In a third petition, the Centre for Business, Industry and Trade Advocacy has written to the Parliamentary Standing Committee on Industry, saying that the move to cut subsidies serves to feed the fuel-based ICE scooter lobby. The body goes on to add that the fuel-based ICE scooter lobby has constantly complained about the price equivalence… Continue reading FAME subsidy: In third petition, CBITA talks about effectiveness of MHI EV policy and purpose of subsidies

Tata Motors Finance extends Rs 125 crore limit in partnership with CJ Darcl Logistics

Tata Motors Finance has entered into a strategic partnership with CJ Darcl Logistics, to extend the Rs 125 crore limit for various facilities, including vehicle operating lease, invoice financing, and fuel financing. The operating lease facility will enable CJ Darcl Logistics to strengthen its fleet capacity, enabling it to deploy Tata Motors Vehicles under its… Continue reading Tata Motors Finance extends Rs 125 crore limit in partnership with CJ Darcl Logistics

Revfin secures US$ 5 million from DFC

Revfin has secured US$ 5 million from the United States International Development Finance Corporation. The company will use the funds to introduce new products by diversifying into two-wheelers for last-mile deliveries, four-wheelers for mid-mile cargo delivery, and ride-share taxis, as per a company press release.  Sameer Aggarwal, the Founder and CEO of the Delhi-based EV… Continue reading Revfin secures US$ 5 million from DFC

Toyota to expand EV development capability with new battery lab in the US

Toyota Motor North America has announced that it will invest nearly $50 million to construct a new laboratory facility at its North American R&D headquarters in York Township, Mich. to evaluate batteries for electric and electrified vehicles in North America. As part of its evaluation process, the new Michigan battery lab will ensure that Toyota’s… Continue reading Toyota to expand EV development capability with new battery lab in the US

Toyota to expand EV development capability with new battery lab in the US

Toyota Motor North America has announced that it will invest nearly $50 million to construct a new laboratory facility at its North American R&D headquarters in York Township, Mich. to evaluate batteries for electric and electrified vehicles in North America. As part of its evaluation process, the new Michigan battery lab will ensure that Toyota’s… Continue reading Toyota to expand EV development capability with new battery lab in the US

Maruti Suzuki to launch new premium MPV on July 5

Passenger vehicle market leader Maruti Suzuki India is to introduce an all-new MPV  on July 5, 2023. This new MPV, likely to be called the Engage, is being jointly developed with Toyota and will be a sister product to the popular Innova Hycross, but will get styling elements that will help differentiate it from the Toyota MPV. Sources tell us… Continue reading Maruti Suzuki to launch new premium MPV on July 5