Hero MotoCorp to enter EV market in 2022

Hero MotoCorp has revealed that it will enter the electric two-wheeler market in 2022. The company, which in April this year, inked a strategic partnership with Taiwan-based Gogoro to develop the EV and charging network in India. During a recent conference call, Niranjan Gupta, CFO, Hero MotoCorp said that the company is on track to… Continue reading Hero MotoCorp to enter EV market in 2022

Honda Motorcycle & Scooter India resumes production at three plants

Honda Motorcycle & Scooter India (HMSI) has recommenced manufacturing operations in a phased manner at its plants in Manesar (Haryana), Tapukara (Rajasthan) and Vithalapur (Gujarat). The fourth plant, located at Kolar, Karnataka, remains shut due to the lockdown in Karnataka on May 25. The two-wheeler OEM has a total manufacturing capacity of 6.4 million units as… Continue reading Honda Motorcycle & Scooter India resumes production at three plants

Time Technoplast upbeat about Type-IV cylinders for CNG cascades

It was in August 2020 when Mumbai-based Time Technoplast (TTL) announced that it had developed Type-IV carbon fibre composite cylinders. Since then, the company has bagged a Rs 41.6 crore order from a gas distributor for supplying its lightweight offering to be used in CNG cascades.   The current order book stands at about Rs 53.6… Continue reading Time Technoplast upbeat about Type-IV cylinders for CNG cascades

Petrol hits a century, costs Rs 100.19 a litre in Mumbai

It’s a century India should not be proud of. After staying 6 paise short of the Rs 100-a-litre mark for two days at a Brandmanesque Rs 99.94, today’s hike – the 15th in May 2021 – has taken the price of petrol past Rs 100 at Rs 100.19. Since January 1, 2021, when petrol cost… Continue reading Petrol hits a century, costs Rs 100.19 a litre in Mumbai

Toyota hopeful of good times returning with Covid on the wane

Toyota Kirloskar Motor (TKM) is betting big on the Innova Crysta and Fortuner to keep the momentum going once the lockdown is lifted and normal business resumes. It is also working towards reducing the order-to-lead times on these two models.  “While sentiment at the higher end may remain muted, we anticipate good demand in the… Continue reading Toyota hopeful of good times returning with Covid on the wane

Total rebrands itself as TotalEnergies

French oil major Total has rebranded itself as TotalEnergies. The decision was approved by the shareholders at the Ordinary and Extraordinary Shareholders’ Meeting unanimously. The company says the resolution to change the name from Total to TotalEnergies, anchors its strategic transformation into a broad energy company in its identity encompassing oil and biofuels, natural gas and… Continue reading Total rebrands itself as TotalEnergies

M&M hopeful of demand rebound as Covid-19 cases recede in Maharashtra

With Maharashtra witnessing a consistent dip in Covid-19 cases since the past few days, Mahindra & Mahindra (M&M) which has a significant operational presence in the State is certainly ecstatic. According to Rajesh Jejurikar, Executive Director (Auto & Farm sectors) at M&M, while Q1 FY2022 has certainly been a washout, the situation is expected to… Continue reading M&M hopeful of demand rebound as Covid-19 cases recede in Maharashtra

​Mahindra outlines 9 new products for UV market assault

Mahindra & Mahindra (M&M) which today announced its Q4 and full-year FY2021 results also revealed its future product roadmap to shareholders.  After introducing the new Mahindra Thar, which is already a resounding success, given its sales of 16,177 units and 55,000 bookings in a little over six months since launch in October 2020, the company… Continue reading ​Mahindra outlines 9 new products for UV market assault

JBM delivers 50 Eco-Life electric buses to Ahmedabad BRTS

The JBM Group today handed over 50 JBM Eco-Life to the city of Ahmedabad, at the Vastral BRTS Depot. The handover, done virtually with Chief Minister of Gujarat Vijay Rupani, with Home Minister of Gujarat Pradipsinh Jadeja present at the launch ceremony at the Depot. This is the first batch of 50 buses out of… Continue reading JBM delivers 50 Eco-Life electric buses to Ahmedabad BRTS