Hero Electric, the leading electric two-wheeler company, has announced that it will not increase the prices of its popular e-scooter models. Despite the recent reduction in the FAME II subsidy, the company remains dedicated to promoting the adoption of E2 Wheelers and dispelling misconceptions about their cost of ownership. The Government of India recently reduced… Continue reading ‘No Price Hike’ says Hero Electric post reduction of FAME II subsidy
Author: Autocar_Professional India Online News
‘No Price Hike’ says Hero Electric post reduction of FAME II subsidy
Hero Electric, the leading electric two-wheeler company, has announced that it will not increase the prices of its popular e-scooter models. Despite the recent reduction in the FAME II subsidy, the company remains dedicated to promoting the adoption of E2 Wheelers and dispelling misconceptions about their cost of ownership. The Government of India recently reduced… Continue reading ‘No Price Hike’ says Hero Electric post reduction of FAME II subsidy
Bastian Solutions launches first manufacturing facility in India
Bastian Solutions, a Toyota Advanced Logistics company, has announced the upcoming opening of its new manufacturing facility just outside Bengaluru, Karnataka. The site, expected to be fully operational by October 2023, marks Bastian’s first manufacturing facility in India. As a global integrator, Bastian Solutions is a well-known provider for distribution and manufacturing customers in North… Continue reading Bastian Solutions launches first manufacturing facility in India
Tractor Industry: Will elections overshadow El Nino clouds?
After a stellar performance in the financial year 2022-2023, the domestic tractor industry is in for a muted show in the ongoing fiscal. This year, the risk of El Nino conditions looms that may hamper the crop yield. Despite this backdrop, companies like Mahindra & Mahindra (M&M) and Escorts expect tractor sales to slow down… Continue reading Tractor Industry: Will elections overshadow El Nino clouds?
Mahindra Thar 5 door confirmed for 2024 launch
The Mahindra Thar SUV has been one of the more popular models for the brand in recent times. Mahindra is gearing up to expand the Thar line-up with a 5-door version and fresh spy shots show the upcoming SUV equipped with a sunroof. Mahindra Thar 5-door to be feature-ladenWhile the Thar 3-door has carved out a niche of… Continue reading Mahindra Thar 5 door confirmed for 2024 launch
SANY India bolsters presence in Maharashtra; opens facility in Pune
SANY India, a construction equipment manufacturer, has announced the inauguration of its new 4S office in association with OM Hydraulics Equipments in Pune, Maharashtra. The move strengthens SANY India’s presence in the region. This Pune facility will be the only dealership office in the region for SANY, making it a critical hub for the company’s operations in… Continue reading SANY India bolsters presence in Maharashtra; opens facility in Pune
Zen Mobility launches cargo 3- wheeler LEV
Zen Mobility, a Manesar-based Electric Vehicle OEM, situated at Manesar, Gurgaon (Haryana), today introduced the Zen Micro Pod, a purpose-built cargo 3- wheeler LEV (Light Electric Vehicle). The Zen Micro Pod will be available in two variants – the R5x and R10x. With a maximum payload of 150 kilograms, the Zen Micro Pod surpasses conventional… Continue reading Zen Mobility launches cargo 3- wheeler LEV
Zen Mobility launches cargo 3- wheeler LEV
Zen Mobility, a Manesar-based Electric Vehicle OEM, situated at Manesar, Gurgaon (Haryana), today introduced the Zen Micro Pod, a purpose-built cargo 3- wheeler LEV (Light Electric Vehicle). The Zen Micro Pod will be available in two variants – the R5x and R10x. With a maximum payload of 150 kilograms, the Zen Micro Pod surpasses conventional… Continue reading Zen Mobility launches cargo 3- wheeler LEV
Automovill inaugurates 10,000 sq ft. workshop in Kolkata
Bengaluru-based full-stack mobility solution provider, Automovill, has announced the opening of its latest workshop in Kolkata. The workshop, which was inaugurated on May 29 is set to provide a wide range of value-added services to cater to the growing needs of customers in the region. Spanning over 10,000 square feet with 8 bays and state-of-the-art… Continue reading Automovill inaugurates 10,000 sq ft. workshop in Kolkata
Premiumisation to drive up two-wheeler revenue 13-14% this fiscal: CRISIL
Revenue of two-wheeler original equipment manufacturers (OEMs) is expected to grow 13-14% this fiscal — after rising 19-20% last fiscal — despite modest volume growth. This is being driven by increasing preference for executive and premium motorcycles (>110 cc capacity) that yield higher realisations, CRISIL said in a press release. Realisations will also benefit from… Continue reading Premiumisation to drive up two-wheeler revenue 13-14% this fiscal: CRISIL