Author: Autocar_Professional India Online News

Quiklyz to offer leasing solutions for electric three- and four-wheelers

Quiklyz, the new-age vehicle leasing and subscription business of Mahindra & Mahindra Financial Services (MMFSL), has announced its expansion plans in the electric mobility leasing space. The company will now offer customised leasing and subscription solutions for electric three- and four-wheelers to its partners. Quiklyz says it has financed over 1,000 EVs over the past… Continue reading Quiklyz to offer leasing solutions for electric three- and four-wheelers

Schwing Stetter India launches XCMG quarry machines, eyes demand in Tamil Nadu

Schwing Stetter India, one of the country’s leading concreting equipment manufacturers, has launched XCMG’s two new hydraulic excavators and wheel loaders in the XCMG Coimbatore dealership office. With the marked increase in infrastructure projects, there is a consistent demand for hydraulic excavators and wheel loaders in India. XCMG, the third largest construction machinery company in… Continue reading Schwing Stetter India launches XCMG quarry machines, eyes demand in Tamil Nadu

Autocar Professional’s September 1 issue is out!

This is a bumper 60-page issue that has a variety of news, analysis and features and covers the fortnight gone by comprehensively. The highlight of the issue is Mahindra & Mahindra’s global reveal of its Born Electric range of cars. It also includes news developments, corporate strategy, and sales analysis. Mahindra & Mahindra’s Born Electric… Continue reading Autocar Professional’s September 1 issue is out!

Castrol and Sprint Power to develop ultra-fast charging battery modules for EVs, FCHEVs

Castrol and Sprint Power are collaborating on a project to develop ultra-fast charging cells and battery packs for battery electric vehicles (BEVs) and fuel cell hybrid electric vehicles (FCHEVs). Two Sprint Power designed battery modules that will use Castrol ON EV Thermal Fluids will deliver an 80% charge in just 12 minutes, making EVs an… Continue reading Castrol and Sprint Power to develop ultra-fast charging battery modules for EVs, FCHEVs

Ford India makes final severance offer to Chennai plant employees

American carmaker Ford Motor Company, which announced its plan to stop manufacturing operations in India on September 9 last year, has rolled out its ‘final’ severance settlement offer to employees. As is known, Ford India has wound up all manufacturing operations in the country with the last car – an EcoSport – being produced at… Continue reading Ford India makes final severance offer to Chennai plant employees

HOP Electric Mobility launches Oxo at Rs 125,000, claims 150km range

India’s electric motorcycle industry has just seen the entry of a new product – the HOP Oxo priced at Rs 125,000 – manufactured by HOP Electric Mobility.   Ketan Mehta, CEO and Founder, HOP Electric Mobility said, “Electric is taking the Indian market by storm. This growth is propelled by consumers’ inclinations toward sustainable, convenient and affordable mobility… Continue reading HOP Electric Mobility launches Oxo at Rs 125,000, claims 150km range

Tata launches first heavy CNG trucks

Tata Motors today introduced what it claims to be the country’s first CNG-powered M&HCVs in the 28 and 19 tonne categories. Introduced as a part of the Signa platform, the all-new CNG trucks offer the optimal combination of low operational costs, high durability and multiple-use applications that result in higher profitability, the company said in… Continue reading Tata launches first heavy CNG trucks

Two-wheeler sales in the fast lane

Hero Moto Corp has reported that its domestic sales for August increased by 4.55 percent. The company sold 4,50,740 units during the month, up from 4,31,137 units in August 2021. Sales of motorcycles increased last month to 4,30,799 units from 4,20,609 units the year before, while sales of scooters decreased to 31,809 units from 33,270… Continue reading Two-wheeler sales in the fast lane