Autocar_Professional India Online News – Page 1610

Everest Fleet secures US$ 20 million in funding led by Uber

Everest Fleet secures US$ 20 million in funding led by Uber Everest Fleet Mumbai-based fleet operator, has closed a US$ 20 million funding round led by Uber, the global ridesharing leader. The funding will enable Everest Fleet to expand its operations and grow the overall supply pool available for the ridesharing industry where demand continues… Continue reading Everest Fleet secures US$ 20 million in funding led by Uber

Renault India clocks ten lakh production milestone

Renault India, the domestic arm of the leading European automaker in India, has clocked a production milestone of 10,00,000 vehicles in the country. Renault’s state-of-the-art manufacturing plant in Chennai has played a pivotal role in this remarkable accomplishment, the company said in a release. Renault India’s Chennai facility has a production capacity of 480,000 units per… Continue reading Renault India clocks ten lakh production milestone

JCBL-MSL bags Rs 100 crore order from Indian Railways for delivering and installing components for Vande Bharat Express

Mobility Solutions (MSL), a part of JCBL Group, has bagged a contract worth Rs 100 crore with the Indian railways for delivering and installing several essential components for the Vande Bharat Express. The company is currently in the process of delivering and fulfilling the order, as per an official release. This landmark agreement cements MSL’s… Continue reading JCBL-MSL bags Rs 100 crore order from Indian Railways for delivering and installing components for Vande Bharat Express

Double-digit growth in PV, 2- and 3-wheeler sales in May 2023

With the economy ticking along in good gear and consumer sentiment keeping pace, dispatches of two- and three- wheelers and of cars and SUVs from vehicle manufacturers to their showrooms across India maintained double-digit growth in May 2023. As per the wholesales numbers released by apex industry body SIAM, combined sales of these three segments… Continue reading Double-digit growth in PV, 2- and 3-wheeler sales in May 2023

Double-digit growth in PV, 2- and 3-wheeler sales in May 2023

Volvo Car India reveals C40 Recharge EV

Volvo Car India has revealed its Born Electric SUV, the C40 Recharge, marking the company’s second electric car after the XC40 Recharge, which made its India debut last year. The new C40 Recharge is built on the CMA (Compact Modular Architecture) platform. The C40 Recharge has a range of up to 530 km per charge, and… Continue reading Volvo Car India reveals C40 Recharge EV

Hero MotoCorp expects two-wheeler industry to clock above 10% growth in FY24

The country’s largest two-wheeler maker, Hero MotoCorp expects the two-wheeler industry to see another year of double-digit growth on the back of a healthy demand scenario and favourable base effect from the last year. With macroeconomic indicators looking positive, strong replacement demand, and ample finance availability, the company expects the two-wheeler industry to grow beyond… Continue reading Hero MotoCorp expects two-wheeler industry to clock above 10% growth in FY24

JLR leverages Tata Group synergies, selects Agratas as battery partner for 720km range EVs

JLR (formerly known as Jaguar Land Rover) will partner with Indian battery company Agratas to source packs that will give EVs a range of up to 450 miles / 720 kilometres, the company told investors on Monday. Agratas is owned by JLR parent company Tata, which is looking at both the UK and Spain as a location… Continue reading JLR leverages Tata Group synergies, selects Agratas as battery partner for 720km range EVs