Autocar_Professional India Online News – Page 1687

766,478 EVs benefit from FAME II Scheme till mid-December 2022

Under Phase-II of the Faster Adoption and Manufacturing of Electric Vehicles (FAME India) Scheme, 7,66,478 electric vehicles (EV) have been supported till December 19, 2022 by way of demand incentive amounting to about Rs 3,311 crore. Further, the Ministry of Heavy Industries has sanctioned 6315 electric buses to 65 cities / STUs / CTUs /… Continue reading 766,478 EVs benefit from FAME II Scheme till mid-December 2022

Tata Motors to reveal Punch EV at Auto Expo next month

Tata Motors will showcase its newest electric vehicle – the Punch EV – at Auto Expo 2023, most likely in a near-production avatar. It is understood that the all-electric version of the Punch compact SUV will enter production around June 2023, followed by a market launch around the festive season in 2023. Designed to be an EV… Continue reading Tata Motors to reveal Punch EV at Auto Expo next month

Tata Motors to reveal Punch EV at Auto Expo next month

Pininfarina-designed New Holland straddle tractor concept wins gold at German Design Awards

Pininfarina-designed New Holland straddle tractor concept wins gold at German Design Awards New Holland’s Straddle Tractor Concept has won a gold medal at the German Design Award 2023 competition in the ‘Excellent Product Design’ category. The German Design Award is the prestigious prize awarded by the German Design Council, Germany’s design and brand authority based… Continue reading Pininfarina-designed New Holland straddle tractor concept wins gold at German Design Awards

Rajesh Khatri takes charge as CEO of Tata-Fiat JV

Fiat India Automobiles (FIAPL), a 50:50 joint to between Tata Motors and Fiat Chrysler Automobiles (FCA), has appointed Rajesh Khatri as its President and Chief Executive Officer (CEO) with immediate effect. Khatri has succeeded Ravi Gogia who was handling the charge of company’s President since 2019. Prior to the new assignment, Khatri was holding the charge as a vice president and head of… Continue reading Rajesh Khatri takes charge as CEO of Tata-Fiat JV

MapmyIndia rolls out unique Junction View feature for safer navigation

MapmyIndia has rolled out a unique Junction View functionality in its maps available for Android and iOS devices under the application named Mappls. The company said it has tried to alleviate the problem of thousands of in-vehicle navigation users who get confused while approaching a junction or a flyover, about which way to go. About… Continue reading MapmyIndia rolls out unique Junction View feature for safer navigation

MapmyIndia rolls out unique Junction View feature for safer navigation

GetVantage backs cleantech companies with US$ 5 million non dilutive capital

GetVantage, a revenue-based financing (RBF) and growth platform for founders, has raised $ 5million via its marketplace in the last quarter. Founded in 2019 by Bhavik Vasa and Amit Srivastava, GetVantage continues to focus on the alternative finance (alt-Fi) movement in India. The company has amassed a sizable portfolio of over 400 new-age businesses while… Continue reading GetVantage backs cleantech companies with US$ 5 million non dilutive capital

Luxury auto retailer Landmark Group debuts on BSE at Rs 471

Landmark Cars, a premium and luxury car pan-India dealership chain made its debut on the bourses on Friday. It was listed on the Bombay Stock Exchange (BSE) at Rs 471.30 per share, a 7% discount to its issue price of Rs 506 per share. The company’s Rs 552-crore IPO was oversubscribed three times over at… Continue reading Luxury auto retailer Landmark Group debuts on BSE at Rs 471