Autocar_Professional India Online News – Page 1548

Tata Motors announces Onam offers in Kerala on its passenger vehicle range

Tata Motors, India’s leading automotive manufacturer, today introduced consumer offers for its passenger vehicle portfolio in the lead up to the auspicious Onam festival. To mark the Onam celebrations and Kerala being one of the best-performing markets, the company is extending consumer offers up to Rs 80,000 on its ICE and EV range of cars… Continue reading Tata Motors announces Onam offers in Kerala on its passenger vehicle range

1 lakh Triumphs and Harleys to hit the road in a year, may dent Royal Enfield’s share by 7-9%

The entry of global iconic brands Harley-Davidson and Triumph India is set to ruffle the fast growing 1 million unit midsize Motorcycle Market in India. According to several people in the know, between both these iconic brands with their respective partners, Hero MotoCorp and Bajaj Auto have a plan to produce about 1,00,000 to 1,20,000… Continue reading 1 lakh Triumphs and Harleys to hit the road in a year, may dent Royal Enfield’s share by 7-9%

1 lakh Triumphs and Harleys to hit the road in a year, may dent Royal Enfield’s share by 7-9%

Nissan global EV sales cross a million units

Nissan Motor Co has announced today that its global sales of electric vehicles have surpassed the 1-million-unit milestone. Since its launch in December 2010, the Nissan Leaf has sold more than 650,000 units worldwide. The model, currently sold in approximately 50 markets centering on Japan, the USA and Europe, continues to be highly evaluated by customers… Continue reading Nissan global EV sales cross a million units

Nissan global EV sales cross a million units

ZF to set up airbag plant in Wuhan, its largest in APAC

The ZF Group has signed an agreement with the Wuhan Economic Development Zone (WEDZ), in central China’ Hubei province, where ZF will invest in an automotive airbag production and R&D centre, setting up the ZF Wuhan Automotive Safety Systems (Wuhan) Co., Ltd. When it goes into operation, peak annual output is expected to reach RMB… Continue reading ZF to set up airbag plant in Wuhan, its largest in APAC

Maruti Suzuki recalls 87,599 S-Pressos and Eeco vans to inspect steering tie rod

Maruti Suzuki India has issued a recall notice for a total of 87,599 vehicles comprising the entry level S-Presso hatchback and the Eeco van. The model-wise split of the recall has not been given by the company. As per the company, the recall-impacted vehicles have been manufactured between July 5, 2021 and February 15, 2023.… Continue reading Maruti Suzuki recalls 87,599 S-Pressos and Eeco vans to inspect steering tie rod

Mobec Innovations looking to raise US $ 2-3 million in seed funding by Q4 FY24

Noida-based Mobec Innovations, which offers mobile electric vehicle charging solutions, is looking to raise US$ 2-3 million in seed funding, by Q4 FY24, the company’s Founder and CEO Harry Bajaj informed Autocar Professional. Bajaj, who founded the mobile EV charging solutions company to address issues of range anxiety, has a revenue projection of over Rs 1… Continue reading Mobec Innovations looking to raise US $ 2-3 million in seed funding by Q4 FY24

PMI inks MoU with REC for Rs 480 crore

Electric commercial vehicle manufacturer, PMI Electro Mobility, has signed a Memorandum of Understanding (MoU) with REC Limited (formerly Rural Electrification Corporation), a public-sector enterprise and a pioneer in providing financial assistance for power sector development. The signing ceremony took place during the “Green Finance” Summit organised by REC Limited on the side-lines of the Clean… Continue reading PMI inks MoU with REC for Rs 480 crore