Bengaluru-based smart electric scooter manufacturer Ather Energy sold 11,754 units in March ’23, registering a 353 percent year-on-year growth. It retailed 82,146 units in FY’23. The company has expanded its retail footprint from 30 stores to 116 currently. For faster adoption of EVs, Ather set up an additional 911 public fast-charging points in FY23 and now has… Continue reading Ather Energy sells 11,754 units in March ’23, registers 353% YoY growth
Author: Autocar_Professional India Online News
Ampere Electric two-wheeler registers over 1 lakh retail sales in FY23
In addition to the diverse product range, the company’s extensive pan-India dealer network across Tier 1 to Tier 4 markets has played a pivotal role in its exponential growth in the electric vehicle segment. Greaves Electric Mobility (GEMPL), the e-mobility business of Greaves Cotton, has achieved over 1 lakh retail sales of its brand Ampere… Continue reading Ampere Electric two-wheeler registers over 1 lakh retail sales in FY23
Kia India FY2023 sales grow 44%, cumulative numbers 3,394 units shy of 700,000
Kia India has recorded its best-ever fiscal with total sales of 269,229 units in FY2023, which constitutes 44% year-on-year growth (FY2022: 186,787 units). In the process, the company, which retails five products – three SUVs (Seltos, Sonet, EV6) and two MPVs (Carens and Carnival), taken its cumulative four-fiscal total to 696,606 units – just 3,394… Continue reading Kia India FY2023 sales grow 44%, cumulative numbers 3,394 units shy of 700,000
MG Motor India sales rise 21% in FY2023 to 48,866 units
MG Motor India has opened FY2024 on a good note by announcing its best-ever retail sales of 6,051 units in March 2023, a growth of 28% over the same month last year (March 2022: 4,721 units). As per the company, the strengthening of semiconductor supplies through a number of localisation initiatives and the easing of… Continue reading MG Motor India sales rise 21% in FY2023 to 48,866 units
MoRTH to kick off used vehicle dealer authorisation process
The Ministry of Road Transport and Highways (MoRTH), which, in December 2022, had executed an amendment to the Central Motor Vehicle Rules (CMVR), to regularise used vehicle dealers in the market by mandating them to get an authorisation certificate from their respective RTOs under whose jurisdiction their business lies, is set to kick off the… Continue reading MoRTH to kick off used vehicle dealer authorisation process
Ola clocks 2 lakh unit sales in FY23; consolidates market share to over 30%
Ola Electric emerged as India’s best-selling and fastest-growing EV manufacturer in FY23, having sold a total of 200,000 units during this period. Maintaining its growth trajectory, Ola clocked its best month ever in March, surpassing 27000 units sales while topping the sales charts for 7 consecutive months. Bhavish Aggarwal, Founder and CEO, Ola Electric, said,… Continue reading Ola clocks 2 lakh unit sales in FY23; consolidates market share to over 30%
Ola clocks 2 lakh unit sales in FY23; consolidates market share to over 30%
Ola Electric emerged as India’s best-selling and fastest-growing EV manufacturer in FY23, having sold a total of 200,000 units during this period. Maintaining its growth trajectory, Ola clocked its best month ever in March, surpassing 27000 units sales while topping the sales charts for 7 consecutive months. Bhavish Aggarwal, Founder and CEO, Ola Electric, said,… Continue reading Ola clocks 2 lakh unit sales in FY23; consolidates market share to over 30%
Ola clocks 2 lakh unit sales in FY23; consolidates market share to over 30%
Ola Electric emerged as India’s best-selling and fastest-growing EV manufacturer in FY23, having sold a total of 200,000 units during this period. Maintaining its growth trajectory, Ola clocked its best month ever in March, surpassing 27000 units sales while topping the sales charts for 7 consecutive months. Bhavish Aggarwal, Founder and CEO, Ola Electric, said,… Continue reading Ola clocks 2 lakh unit sales in FY23; consolidates market share to over 30%
ExxonMobil investing around Rs 900 crore to build lubricant manufacturing plant in India
ExxonMobil investing around Rs 900 crore to build lubricant manufacturing plant in India ExxonMobil, the oil and natural gas conglomerate, is investing Rs 900 crore (US$110 million), to build a lubricant manufacturing plant in Raigad. Plans to establish this plant at the Maharashtra Industrial Development Corporation’s Isambe Industrial Area were made in the presence of Deputy… Continue reading ExxonMobil investing around Rs 900 crore to build lubricant manufacturing plant in India
SIAM and ACMA laud new foreign trade policy as growth accelerator
Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal today launched the Foreign Trade Policy 2023 saying that it is dynamic and has been kept open-ended to accommodate the emerging needs of the time. He stated that the policy had been under discussion for a long time and… Continue reading SIAM and ACMA laud new foreign trade policy as growth accelerator