Autocar_Professional India Online News – Page 1651

Honda Cars India to increase prices of City and Amaze by 1% from June: Report

Honda Cars India said yesterday that it will increase the prices of its City and Amaze by up to 1 percent from June, PTI reported. This hike in prices of sedans is being undertaken to mitigate the impact of increased cost pressures, PTI stated. “While our endeavour is to partially offset the increase, it has become… Continue reading Honda Cars India to increase prices of City and Amaze by 1% from June: Report

Stellantis invests in Lyten’s innovative lithium-sulphur EV battery tech

Stellantis and Lyten have announced today that Stellantis Ventures, the corporate venture fund of Stellantis, has invested in Lyten to accelerate the commercialisation of Lyten 3D graphene applications for the mobility industry, including the LytCell lithium-sulphur EV battery, lightweighting composites, and novel on-board sensing. Lyten, a Silicon Valley-based pioneer of three-dimensional (3D) graphene, will leverage… Continue reading Stellantis invests in Lyten’s innovative lithium-sulphur EV battery tech

Stellantis invests in Lyten’s innovative lithium-sulphur EV battery tech

Capri Loans acquires 51% stake in CarLelo for Rs 150 crore

Capri Global Holdings (CGHL), the holding company for Capri Global Capital, a non-banking financial company with the brand name Capri Loans, has expanded its national footprint by acquiring a 51% stake in the online new car selling platform CarLelo, for Rs 150 crore. This investment is a testament to our commitment to driving the growth… Continue reading Capri Loans acquires 51% stake in CarLelo for Rs 150 crore

Ola Electric targeting IPO by year end, ropes in Goldman, Kotak: Report

Electric two-wheeler firm Ola Electric is looking to list on the bourses by the year-end, and has roped in Kotak alongside Goldman Sachs to manage the IPO, Reuters reported citing a person with direct information on the issue. The Indian company which has funding from SoftBank Group Corp, and Tiger Management amongst others, was given… Continue reading Ola Electric targeting IPO by year end, ropes in Goldman, Kotak: Report

Enigma Launches High-Speed Electric Scooter GT 450 Pro at Rs 89,000 and Crink V1 at Rs 94,000

Enigma, an electric vehicle manufacturer, has launched the high-speed variants of Crink and GT450 series. The GT450 variant will start at Rs 89,000, while the Crink V1 variant will commence at Rs 94,000. The company will extend a special offer to the first 1,000 customers, granting them an additional complimentary service, as a token of appreciation… Continue reading Enigma Launches High-Speed Electric Scooter GT 450 Pro at Rs 89,000 and Crink V1 at Rs 94,000

Enigma Launches High-Speed Electric Scooter GT 450 Pro at Rs 89,000 and Crink V1 at Rs 94,000

Lexus announces the new LC500H Luxury coupe with high-end upgrades

Lexus has announced the new LC500H Luxury Coupe equipped with high-end upgrades. The new Lexus LC 500h gets distinct enhancements to further up its lifestyle quotient. The new Lexus LC 500h, a 4-seater Luxury Coupe, is priced at Rs 2.3 crore in India, and the upgrades in the Lexus flagship LC 500h consist of: Instrument Panel/ Display… Continue reading Lexus announces the new LC500H Luxury coupe with high-end upgrades

Gemopai targets ICE two-wheeler market by offering e2W priced under Rs 1 lakh

Gemopai, a joint venture between India’s Goreen E-Mobility and China’s Opai Electric, sets sights on achieving revenue of over US$100 million by FY2025-26. To accomplish this, the electric two-wheeler maker plans to introduce 4-5 new cost-effective models, expand its network of dealerships to 1,000, and leverage government initiatives to bolster electric vehicle manufacturing and adoption. In an interaction with Autocar Professional, Amit Raj… Continue reading Gemopai targets ICE two-wheeler market by offering e2W priced under Rs 1 lakh