Alleging tyre manufacturing companies to be working under a cartel for keeping the cost of tyres high, the All India Motor Transport Congress (AIMTC) – a lobby group representing approximately 75 lakhs truckers and around 5 lakh private bus operators, has demanded the removal of the restrictions on its imports in the upcoming union budget… Continue reading Transporters body demand revocation of tyre import ban in upcoming budget
Author: Autocar_Professional India Online News
Transporters body demand revocation of tyre import ban in upcoming budget
Alleging tyre manufacturing companies to be working under a cartel for keeping the cost of tyres high, the All India Motor Transport Congress (AIMTC) – a lobby group representing approximately 75 lakhs truckers and around 5 lakh private bus operators, has demanded the removal of the restrictions on its imports in the upcoming union budget… Continue reading Transporters body demand revocation of tyre import ban in upcoming budget
Hero MotoCorp launches new Xoom, eyes higher market share in entry-level scooter market
Hero MotoCorp launches new Xoom, eyes higher market share in entry-level scooter market India’s largest two-wheeler maker Hero MotoCorp, which sold 282,169 scooters in the first nine months of FY2023 and has a 7.80% market share, is eyeing new growth opportunities in the entry-level 110cc scooter segment which forms the bulk of scooter volumes in… Continue reading Hero MotoCorp launches new Xoom, eyes higher market share in entry-level scooter market
Hero Xoom scooter launched; prices start from Rs 68,599
Hero has launched the new Xoom scooter in three variants – LX, VX and ZX – priced at Rs 68,599, Rs 71,799 and Rs 76,699, respectively. These prices are introductory and it is unclear at the moment till when they will be offered, before a price hike. Tech-laden 110cc scooterHero Xoom’s top-spec ZX variant is… Continue reading Hero Xoom scooter launched; prices start from Rs 68,599
‘Need to subsidise electrical connections and fixed-load fees for EV CPOs’: Amit Gupta
‘Need to subsidise electrical connections and fixed-load fees for EV CPOs’: Amit Gupta Charging infrastructure is extremely critical to ensure the healthy offtake and success of electric vehicles which have started to grab the attention of the Indian customer looking to buy either an electric vehicle on two or four wheels. A number of private… Continue reading ‘Need to subsidise electrical connections and fixed-load fees for EV CPOs’: Amit Gupta
‘Expect FAME subsidy to continue for a few more years’: Mahesh Babu
While electrification is on the rise across vehicle categories in the Indian market, the electric bus (e-bus) segment has particularly seen a sharp growth in the recent past owing to various state transport undertakings (STUs) placing big orders for greener public transportation solutions. According to Mahesh Babu, CEO, Switch Mobility, “India is making an intense… Continue reading ‘Expect FAME subsidy to continue for a few more years’: Mahesh Babu
Lucas TVS ties up with ARENQ for speedy delivery of e-motors and controllers across India
Lucas TVS ties up with ARENQ for speedy delivery of e-motors and controllers across India Chennai-based Lucas TVS, which was among the first Indian Tier 1 component suppliers to diversify into manufacture of components for EVs in August 2019 and part of the TVS Group, has partnered with storage battery distributor ARENQ. As per the… Continue reading Lucas TVS ties up with ARENQ for speedy delivery of e-motors and controllers across India
Lucas TVS ties up with ARENQ for speedy delivery of e-motors and controllers across India
Lucas TVS ties up with ARENQ for speedy delivery of e-motors and controllers across India Chennai-based Lucas TVS, which was among the first Indian Tier 1 component suppliers to diversify into manufacture of components for EVs in August 2019 and part of the TVS Group, has partnered with storage battery distributor ARENQ. As per the… Continue reading Lucas TVS ties up with ARENQ for speedy delivery of e-motors and controllers across India
Toyota launches Hyryder CNG at Rs 13.23 lakh
Toyota has launched the Hyryder CNG in India, with prices starting from Rs 13.23 lakh and going up to Rs 15.29 lakh (ex-showroom, Delhi). The brand already opened bookings for the Hyryder CNG back in November 2022, at a token amount of Rs 25,000. Compared to its equivalent petrol-powered version, the Hyryder CNG costs Rs 95,000 more. The Hyryder is just the second… Continue reading Toyota launches Hyryder CNG at Rs 13.23 lakh
Renault to reduce stake in Nissan from 43% to 15%
Renault and Nissan have today announced an equity stake revision of their partnership. The French automaker, which holds a 43% stake in the Japanese company, is to reduce it to 15 percent. In a statement, Nissan said that after several months of constructive discussions with the Renault Group, “it has reached an important milestone… Continue reading Renault to reduce stake in Nissan from 43% to 15%