Ntorq 125 Race XP powers ahead

Before the slump in  sales triggered by a series of price increments due to the regulatory requirements on additional safety equipment such as ABS and CBS that became effective in April 2019, and the further price hikes due to BS VI emission requirements a year later, scooters were riding in the fast lane. A popular… Continue reading Ntorq 125 Race XP powers ahead

Govt relaxes fuel supply authorisation norms

The Centre on Friday announced  the relaxing of criteria for grant of authorisation for marketing of transportation fuel to facilitate greater participation from the private sector oil companies.  The extension of the universal service obligation (USO) is aimed at maintaining petrol and diesel supplies during the specified working hours ,and in specified quality and quantity. This has been done… Continue reading Govt relaxes fuel supply authorisation norms

Volvo Energy invests in Connected Energy

Volvo Energy has joined a slew of new investors such as Caterpillar VC Inc, Mercuria and OurCrowd and Hinduja Group to invest in Newcastle, UK-based  Connected Energy which makes second-life vehicle batteries into commercial battery storage systems.   Connected Energy has 16 operational systems across Europe in countries like Belgium, Germany, and the Netherlands with its… Continue reading Volvo Energy invests in Connected Energy

Mumbai college aims for the stars in Formula Student contest

A team of engineering students from KJ Somaiya College in Mumbai are looking forward to taking part in the Formula Student Electric 2022 at which they will showcase their all-electric Formula 4 race car. Orion Racing’s race car named Lemnos was displayed earlier this week at the Godrej & Boyce plant in Vikhroli, a Mumbai… Continue reading Mumbai college aims for the stars in Formula Student contest

Focus on localisation in EV development says former SIAM President, Wadhera

India’s fast developing electric vehicle (EV) industry should focus on becoming a global EV  technology hub vis-a-vis global EV manufacturing hub or else the situation may turn out akin to BS VI emission transition which though may have helped in reducing the pollution levels but not necessarily decreased the import bills.  Contrarily, the auto industry’s expenses went up by several $100 millions… Continue reading Focus on localisation in EV development says former SIAM President, Wadhera

Tata Motors refreshes customer focus

Tata Motors ended the last fiscal with its best-ever sales numbers totaling 372,000 units. While this adds a hefty 67 percent to its year-early tally, the clear challenge ahead is to be able to provide efficient after sales and market service. In the course of the year, Tata Motors has taken several service initiatives and one… Continue reading Tata Motors refreshes customer focus

Maruti Suzuki to invest Rs 2 crore for 12.09 percent in Sociograph Solutions

As reported earlier, Maruti Suzuki India will invest Rs 2 crore in Sociograph Solutions. The investment is part of Maruti Suzuki’s MAIL initiative to support startups with promising mobility solutions. Maruti Suzuki plans to use the Visual Artificial Intelligence (AI) platform of SSPL called Dave.AI, with an aim to enhance digital sales experience of its… Continue reading Maruti Suzuki to invest Rs 2 crore for 12.09 percent in Sociograph Solutions

It’s a homecoming for Chetak at Akurdi

The mood at the Akurdi plant was distinctly nostalgic on June 10, the 84th birthday of Rahul Bajaj. The former Chairman of Bajaj Auto had passed away earlier this year and it was at this very plant 50 years ago when the iconic Chetak scooter first rolled out. “We have always joked that Chetak was… Continue reading It’s a homecoming for Chetak at Akurdi

Updated Venue launched at Rs 7.53 lakh

After its launch in May 2019 and it hitting the 300,000-unit sales milestone last month, the Hyundai Venue has received a mid-life makeover. The compact SUV helped accelerate the Korean’s UV sales in the country, and reached the 250,000-unit mark in December last year, while the first six months since launch saw the stylish and… Continue reading Updated Venue launched at Rs 7.53 lakh

Tata Motors susceptible to supply chain shocks in FY23

Tata Motors said the non-unavailability of supply of critical parts may force the company to stop production in some or all of its global plants and that this will have a significantly negative impact on its future cash flows. These comments were made by Tata Group Chairman N Chandrasekaran in the company’s annual report released… Continue reading Tata Motors susceptible to supply chain shocks in FY23