Folks Motor, a leading player in India’s xEV (retrofit) industry, has secured ₹100 crore in the first close of its newly launched “Folks Funds,” an Alternative Investment Fund (AIF) Category II with a target corpus of ₹500 crore. The company expects to reach the full funding target by the end of 2025, with investments focused… Continue reading Folks Motor Secures Initial ₹100 Crore for EV-Focused Fund with ₹500 Crore Target
Author: Autocar_Professional India Online News
India on Track to Become World’s Third-Largest Economy by 2031, S&P Global Reports
S&P Global India Research Chapter released a report today stating that India is on track to become the world’s third-largest economy by fiscal 2030-31 and is positioned to capitalize on evolving global trade dynamics. The report, titled “India Forward: Transformative Perspectives,” highlights India’s economic growth trajectory and its progress in enhancing manufacturing competitiveness over the… Continue reading India on Track to Become World’s Third-Largest Economy by 2031, S&P Global Reports
India on Track to Become World’s Third-Largest Economy by 2031, S&P Global Reports
S&P Global India Research Chapter released a report today stating that India is on track to become the world’s third-largest economy by fiscal 2030-31 and is positioned to capitalize on evolving global trade dynamics. The report, titled “India Forward: Transformative Perspectives,” highlights India’s economic growth trajectory and its progress in enhancing manufacturing competitiveness over the… Continue reading India on Track to Become World’s Third-Largest Economy by 2031, S&P Global Reports
More than one in four cars sold worldwide this year set to be electric
The International Energy Agency (IEA) has, in its annual Global EV Outlook, forecast that despite significant uncertainties, electric passenger cars’ market share is on course to exceed 40% by 2030 as they become increasingly affordable in more markets. Following another year of robust growth in CY2024, global sales of electric cars are on track to… Continue reading More than one in four cars sold worldwide this year set to be electric
More than one in four cars sold worldwide this year set to be electric
The International Energy Agency (IEA) has, in its annual Global EV Outlook, forecast that despite significant uncertainties, electric passenger cars’ market share is on course to exceed 40% by 2030 as they become increasingly affordable in more markets. Following another year of robust growth in CY2024, global sales of electric cars are on track to… Continue reading More than one in four cars sold worldwide this year set to be electric
More than one in four cars sold worldwide this year set to be electric
The International Energy Agency (IEA) has, in its annual Global EV Outlook, forecast that despite significant uncertainties, electric passenger cars’ market share is on course to exceed 40% by 2030 as they become increasingly affordable in more markets. Following another year of robust growth in CY2024, global sales of electric cars are on track to… Continue reading More than one in four cars sold worldwide this year set to be electric
Tata Harrier EV Set for Launch in June
Tata Motors will introduce its Harrier EV on June 3. The Indian car brand has confirmed the launch date four months after showcasing the production-spec Harrier EV at the 2025 Auto Expo in January, and has since been regularly dropping teasers. Tata Harrier EV exterior design highlightsSimilar overall design The Tata EV looks largely the… Continue reading Tata Harrier EV Set for Launch in June
Opinion: The real connected cars
Has the automobile peaked? Well, certainly not in terms of technology. These are areas where it is constantly getting better. However, look objectively at how good cars are to drive today versus how good they were 10, 15 or even 20 years ago, and a clear pattern emerges. Sure, cars today are faster; but are… Continue reading Opinion: The real connected cars
Himadri Speciality Chemical Invests First Tranche in Sicona Battery Technologies
Himadri Speciality Chemical Ltd (BSE: 500184, NSE: HSCL) has invested AUD 41.71 million (approximately USD 31.28 million) in Sicona Battery Technologies Pty Ltd as the first tranche of a larger investment commitment, the company announced on Saturday, May 17, 2025. This investment represents the initial portion of Himadri’s previously approved AUD 150 million investment plan… Continue reading Himadri Speciality Chemical Invests First Tranche in Sicona Battery Technologies
Himadri Speciality Chemical Invests First Tranche in Sicona Battery Technologies
Himadri Speciality Chemical Ltd (BSE: 500184, NSE: HSCL) has invested AUD 41.71 million (approximately USD 31.28 million) in Sicona Battery Technologies Pty Ltd as the first tranche of a larger investment commitment, the company announced on Saturday, May 17, 2025. This investment represents the initial portion of Himadri’s previously approved AUD 150 million investment plan… Continue reading Himadri Speciality Chemical Invests First Tranche in Sicona Battery Technologies