Between Jan-Nov 2021, the Jupiter (481,391), Apache (325,648) and NTorq 125 (243,585) have sold over a million units – 1,050,624 – and 53% of TVS’ India sales. Star City the export star (230,310). TVS Motor Co has put its shoulder to the wheel of progress this year, both on two and three wheels. Be it… Continue reading TVS firing on all cylinders, set to cross 3 million 2W sales in CY2021
Author: Autocar_Professional India Online News
ZF becomes majority stakeholder in Indian JV with Rane Group
The Rane ZF Trichy plant. The JV is now renamed ZF Rane Automotive India. Global technology company ZF has increased its equity shares to become the majority shareholder with 51 percent in the Rane TRW Steering Systems joint venture from the Rane Group. Till date, both partners held equal shares in the company, which employs… Continue reading ZF becomes majority stakeholder in Indian JV with Rane Group
Magenta, Central Railways set up EV charging points at three key Mumbai locations
Mumbai-headquartered EV charging company Magenta in collaboration with Central Railways has inaugurated a public EV charging station along the Parel Railway Station. The charging station was inaugurated by Subhash Desai, Minister of Industry and Mining, Maharashtra government. Over the next two weeks, Magenta will also set up EV charging stations along the Dadar and Byculla railway… Continue reading Magenta, Central Railways set up EV charging points at three key Mumbai locations
Magenta, Central Railways set-up public EV charging point along Parel, Dadar and Byculla railway stations
Mumbai-headquartered EV charging company Magenta in collaboration with Central Railways has inaugurated public EV charging station along the Parel Railway Station. The charging station was inaugurated by Subhash Desai, Minister of Industry and Mining, Maharashtra government. Over the next two weeks, Magenta shall also set up the EV charging station along the Dadar and Byculla railway… Continue reading Magenta, Central Railways set-up public EV charging point along Parel, Dadar and Byculla railway stations
Bajaj Auto’s Rs 300 crore EV unit to come up in Pune, product rollout by June 2022
Five months after it announced a new subsidiary for electric and hybrid vehicles in the two-, three- and light four-wheeler categories, Bajaj Auto has announced an investment of Rs 300 crore and commenced work at a brand-new manufacturing faciiity at Akurdi, near Pune, for manufacturing EVs. The site is the location of the original and… Continue reading Bajaj Auto’s Rs 300 crore EV unit to come up in Pune, product rollout by June 2022
Dalmia Cement inducts e-trucks in its fleet for goods transportation
Dalmia Cement (Bharat) (DCBL), a leading Indian cement major and a subsidiary of Dalmia Bharat, as part of its efforts to reduce its carbon footprint has inducted electric trucks in its fleet. The company says the move will accelerate its sustainability goal of lowering carbon emissions as well as optimise its overall logistics cost. With the introduction of the… Continue reading Dalmia Cement inducts e-trucks in its fleet for goods transportation
Amara Raja eyes European EV market, to invest in battery maker InoBat
Automotive battery company Amara Raja Batteries has announced plans to invest in InoBat Auto, a European technology developer and manufacturer of premium innovative batteries for E-mobility. The initial investment will give Amara Raja a key foothold in the thriving European EV ecosystem, where multiple battery gigafactories are being set up to support the region’s determined… Continue reading Amara Raja eyes European EV market, to invest in battery maker InoBat
Ashok Leyland enters used CV market with Shriram Auto Mall
Ashok Leyland has entered the used commercial vehicle market in association with Shriram Automall India Ltd (SAMIL). The hybrid ecosystem in the form of a phygital platform will facilitate an exchange and proper disposal and purchase of old commercial vehicles. With the entry into this segment, Ashok Leyland aims to streamline the used vehicle market… Continue reading Ashok Leyland enters used CV market with Shriram Auto Mall
MG Motor India targets 20% sales from EVs by 2024
MG Motor India is betting big on electric vehicles (EVs). The carmaker, which introduced its first EV – the MG ZS EV – in the country in January 2020, is all set to come up with its second all-electric product in FY2023. Claimed to be a futuristic offering built on a global platform, the next… Continue reading MG Motor India targets 20% sales from EVs by 2024
Tata Motors set to launch Tiago, Tigor CNG in January
After a long wait, Tata Motors looks finally set to enter the CNG passenger vehicle segment in India, with the long-awaited CNG-powered variants of the Tiago and Tigor likely to be launched in January 2022. According to Autocar India, Tata Motors dealers in various cities have started accepting unofficial bookings for the CNG variants of the… Continue reading Tata Motors set to launch Tiago, Tigor CNG in January