A video showing an Ather 450X electric scooter damaged by fire surfaced online today and shortly after, the electric scooter start-up released a statement explaining what was the cause. The company’s statement states that one of the connectors to the motor controller was incorrectly torqued resulting in sparking around the controller terminals. While this happened,… Continue reading Faulty wiring harness causes fire on Ather 450X electric scooter
Author: Autocar_Professional India Online News
ABB Formula E set to debut in Hyderabad E-Prix
With the inaugural Hyderabad E-Prix this weekend, the ABB FIA Formula E World Championship will have its first race in India. The 18-turn, 2.835km circuit winds around the streets of Hyderabad, alongside the Hussain Sagar lake. Daniela Lužanin, Head of the ABB Formula E partnership speaking on the occasion said: “The Hyderabad E-Prix is a… Continue reading ABB Formula E set to debut in Hyderabad E-Prix
ABB Formula E set to debut in Hyderabad E-Prix
With the inaugural Hyderabad E-Prix this weekend, the ABB FIA Formula E World Championship will have its first race in India. The 18-turn, 2.835km circuit winds around the streets of Hyderabad, alongside the Hussain Sagar lake. Daniela Lužanin, Head of the ABB Formula E partnership speaking on the occasion said: “The Hyderabad E-Prix is a… Continue reading ABB Formula E set to debut in Hyderabad E-Prix
Cummins Q3 net profit up 50% to Rs 479 crore
Cummins, the automotive and industrial engine specialist posted a 50% growth in net profit for December ending third quarter of FY-23 led by the strong momentum in both domestic and international markets. The company posted a net profit of Rs 479 crore for December ending third quarter of FY-23. The total sales grew 26% during… Continue reading Cummins Q3 net profit up 50% to Rs 479 crore
Endurance bets on after-market business outperformance
Aurangabad-based Tier-1 manufacturer Endurance Technologies, the biggest supplier of parts for two- and three-wheelers in the country, is adopting a two-pronged strategy for expanding its footprint and business margins in domestic and overseas markets. The diversified company has 29 plants across India and Europe. It also exports products to over 31 countries including the newly… Continue reading Endurance bets on after-market business outperformance
Minda Corp net profit rises 41% to Rs 52 crore
Minda Corporation, the flagship company of Spark Minda Group posted 41% growth in net profit for December ending third quarter, led by sustained outperformance in the marketplace. Noida headquartered company posted a net profit of Rs 52 crore during the quarter three. The revenue grew 45% to Rs 1068 crore for the quarter whereas the… Continue reading Minda Corp net profit rises 41% to Rs 52 crore
Zypp Electric raises $25Mn Funding in Series B Round led by Gogoro
Zypp Electric, leading EV-as-a-service platform on Wednesday announced it is raising series B funding of $25Mn led by Gogoro, a battery swapping expert. The funding round also witnessed participation from new and existing investors like Goodyear Ventures, 9 Unicorns, WFC, Venture, Catalysts, LetsVenture, IAN, Ivy Growth and Grip. The round is a mix of equity… Continue reading Zypp Electric raises $25Mn Funding in Series B Round led by Gogoro
Zypp Electric raises $25Mn Funding in Series B Round led by Gogoro
Zypp Electric, leading EV-as-a-service platform on Wednesday announced it is raising series B funding of $25Mn led by Gogoro, a battery swapping expert. The funding round also witnessed participation from new and existing investors like Goodyear Ventures, 9 Unicorns, WFC, Venture, Catalysts, LetsVenture, IAN, Ivy Growth and Grip. The round is a mix of equity… Continue reading Zypp Electric raises $25Mn Funding in Series B Round led by Gogoro
Zypp Electric raises $25Mn Funding in Series B Round led by Gogoro
Zypp Electric, leading EV-as-a-service platform on Wednesday announced it is raising series B funding of $25Mn led by Gogoro, a battery swapping expert. The funding round also witnessed participation from new and existing investors like Goodyear Ventures, 9 Unicorns, WFC, Venture, Catalysts, LetsVenture, IAN, Ivy Growth and Grip. The round is a mix of equity… Continue reading Zypp Electric raises $25Mn Funding in Series B Round led by Gogoro
Uber’s net zero emission goal includes all modes of transportation
Uber, the ride hailing major which has committed over $800 million investment to assist its drivers migrate towards zero-emission vehicles by 2040, believes the future of mobility will be a combination of all the forms of transportation including the public transit. The company is currently piloting buses on its platform and will soon be launching… Continue reading Uber’s net zero emission goal includes all modes of transportation