Author: Autocar_Professional India Online News

All-new Mahindra Scorpio launched

Mahindra & Mahindra has launched its all-new Scorpio at a starting price of Rs 11.99 lakh for the entry-level petrol MT and going up to Rs 19.49 lakh for the top-spec diesel-MT variant (all prices, ex-showroom, India). The company said bookings will open officially on July 30, 2022, and the Scorpio-N automatic line-up’s prices will be… Continue reading All-new Mahindra Scorpio launched

Audi e-tron battery modules to help electrify rickshaws in India

Audi is empowering a second life for electric car batteries and the eco-mission expands to India too. The German-Indian start-up Nunam is bringing three electric rickshaws to the roads of India. They are powered by used batteries taken from test vehicles in the Audi e-tron test fleet. The aim of the project is to explore how modules made… Continue reading Audi e-tron battery modules to help electrify rickshaws in India

Battery Smart raises $25 million in Series A funding

Battery Smart, India’s largest and fastest-growing battery-swapping network for electric vehicles, announced that it has closed a Series A funding round of $25 million. The funding round was led by Tiger Global, along with participation from Blume Ventures and Orios Ventures. In November 2021, it raised $7 million in a pre-series A round led by… Continue reading Battery Smart raises $25 million in Series A funding

Ford races toward all-electric future in Europe, chooses Spanish plant for next-gen EVs

Ford in Europe has announced another move toward an all-electric future, confirming that it has chosen its plant in Valencia, Spain, as the preferred site to assemble vehicles based on a next-generation electric vehicle architecture. Pending product approval, the Valencia plant could produce breakthrough electric and connected vehicles beginning later this decade. The next-generation architecture… Continue reading Ford races toward all-electric future in Europe, chooses Spanish plant for next-gen EVs

Ford extends production at Chennai to end-July

Ford India has decided extended its production schedule to the end of July as the company continues its discussions on the severance package it is offering to employees, according to a PTI report. The plant was slated to shut down at the end of June. A Ford union member said, “ “We have been asking… Continue reading Ford extends production at Chennai to end-July

Matter raises USD $10 million in fresh funds

Ahmedabad-based energy storage and e-mobility startup Matter said it has raised US$ 10 million (Rs 78.30 crore) in fresh funding. The new funding, it said, will be utilised towards the launch of its upcoming product lines, including both in e-mobility and energy storage products. After introducing its active-cooled, lithium-ion battery pack as well as its… Continue reading Matter raises USD $10 million in fresh funds

Volvo launches green castings for engines

Volvo Group in India has launched the its first eco-friendly castings that will go into building its engines. This sets online with their commitment to become a climate neutral company by 2040 which also includes its supply chain and global suppliers from India. These green castings, which will be produced by Brakes India, using scrap, alloys, and… Continue reading Volvo launches green castings for engines