RACEnergy, a deep-tech electric vehicle infrastructure company for battery swapping, has inaugurated its 10,000 sq. ft. battery production facility in Hyderabad. Equipped with a 50 MWh battery production plant, it can manufacture 30,000 batteries per annum. This aligns with RACEnergy’s goal of targeting the production of 80,000 two and three-wheelers by 2025, representing a significant… Continue reading RACEnergy inaugurates battery production facility in Hyderabad, can manufacture 30,000 batteries per annum
Author: Autocar_Professional India Online News
RACEnergy inaugurates battery production facility in Hyderabad, can manufacture 30,000 batteries per annum
RACEnergy, a deep-tech electric vehicle infrastructure company for battery swapping, has inaugurated its 10,000 sq. ft. battery production facility in Hyderabad. Equipped with a 50 MWh battery production plant, it can manufacture 30,000 batteries per annum. This aligns with RACEnergy’s goal of targeting the production of 80,000 two and three-wheelers by 2025, representing a significant… Continue reading RACEnergy inaugurates battery production facility in Hyderabad, can manufacture 30,000 batteries per annum
Nine out of 10 car buyers in India seek models with a safety rating
The growing level of safety awareness amongst car and SUV buyers in India is reflected in the findings of a new study conducted among customers to gauge their feature preferences, when it comes to choosing a personal car. The survey was commissioned by Skoda Auto India and conducted by NIQ BASES on 1,000 respondents across 10… Continue reading Nine out of 10 car buyers in India seek models with a safety rating
Triumph unveils Speed 400 and Scrambler 400X to be built by Bajaj Auto
The all-new Triumph Speed 400 and Scrambler 400 X have been officially unveiled. These are the first bikes to come from Triumph’s partnership with Bajaj Auto and will be built by the Pune-based OEM in India. The Speed 400 borrows its styling cues from the Speed Twin 900 (previously called the Street Twin), while the… Continue reading Triumph unveils Speed 400 and Scrambler 400X to be built by Bajaj Auto
CapGrid targets Rs 5,000 crore revenue by FY2026 as single-source supplier of low-value parts
CapGrid, a Gurugram-based automotive- and industrial sourcing and procurement technology start-up operating since September 2021, has outlined an ambitious future growth strategy designed to multiply its revenue, currently pegged at Rs 100 crore, to up to Rs 5,000 crore over the next three years. The company, which operates in the automotive and industrial segments, aims… Continue reading CapGrid targets Rs 5,000 crore revenue by FY2026 as single-source supplier of low-value parts
Repos Energy sees telematics-based fuel storage as major growth driver as industries shift to alternative fuels
Pune-based Repos Energy is of the opinion that its telematics-based fuel storage business will be a major growth driver going ahead, as industries move towards different kinds of alternative fuels. The supplier of diesel-dispensing bowsers for doorstep delivery to commercial buyers of the fuel, started in 2017, had previously relied on the manufacturing of diesel… Continue reading Repos Energy sees telematics-based fuel storage as major growth driver as industries shift to alternative fuels
Electric two-wheeler sales set to crash by 60 percent for June and hit a record one-year low
The Ministry of Heavy Industries’ recent reduction of the FAME II subsides from 40 percent to 15 percent is severely impacting India’s electric two-wheeler growth. The number is likely to plummet back to June 2022 levels of the 40,000 to 45,000 units range. This is the opinion of industry analysts and experts. The numbers seen… Continue reading Electric two-wheeler sales set to crash by 60 percent for June and hit a record one-year low
Electric two-wheeler sales set to crash by 60 percent for June and hit a record one-year low
The Ministry of Heavy Industries’ recent reduction of the FAME II subsides from 40 percent to 15 percent is severely impacting India’s electric two-wheeler growth. The number is likely to plummet back to June 2022 levels of the 40,000 to 45,000 units range. This is the opinion of industry analysts and experts. The numbers seen… Continue reading Electric two-wheeler sales set to crash by 60 percent for June and hit a record one-year low
In a first, Government to release critical minerals list tomorrow to reduce import dependencies: PTI
The government on Wednesday will release a list of ‘critical minerals of India’ for the first time, an official statement said. The list will be released by Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi, it said. “The Ministry of Mines is all set to unveil for the first time the list of… Continue reading In a first, Government to release critical minerals list tomorrow to reduce import dependencies: PTI
‘Road safety issue as urgent as COVID’: UN’s special envoy for global road safety: PTI
Not enough is being done for the “pandemic on our roads,” said UN’s Special Envoy for Global Road Safety Jean Todt, calling the issue of road safety as urgent as COVID-19, the Press Trust of India reported. Talking at the “Vision Zero Conference for Road Safety for All”, Todt made this comparison due to the lives… Continue reading ‘Road safety issue as urgent as COVID’: UN’s special envoy for global road safety: PTI