Togg, Turkiye’s automobile initiative group comprising five Turkish industry giants, is preparing for the official launch of the country’s first-ever home-bred automobile – a battery electric vehicle. The country’s first native vehicle, an all-electric SUV, rolled off the production line following the inauguration of the Togg Technology Campus on October 29, the Republic Day of… Continue reading Turkiye’s first-ever EV rolls out ahead of launch in 2023
Author: Autocar_Professional India Online News
Turkiye’s first-ever EV rolls out ahead of launch in 2023
Togg, Turkiye’s automobile initiative group comprising five Turkish industry giants, is preparing for the official launch of the country’s first-ever home-bred automobile – a battery electric vehicle. The country’s first native vehicle, an all-electric SUV, rolled off the production line following the inauguration of the Togg Technology Campus on October 29, the Republic Day of… Continue reading Turkiye’s first-ever EV rolls out ahead of launch in 2023
EV industry remains a big draw for PE/VC investments in India Auto Inc
Private equity (PE) and venture capital (VC) investors continue to bet big on India Auto Inc, particularly drawn by the huge potential of the electric vehicle (EV) industry. As per data sourced from Venture Intelligence, in the first 10 months of CY2022 (January-October), PEs and VCs have invested around $1.087 billion (Rs 8,968 crore) across 27 deals… Continue reading EV industry remains a big draw for PE/VC investments in India Auto Inc
EV industry remains a big draw for PE/VC investments in India Auto Inc
Private equity (PE) and venture capital (VC) investors continue to bet big on India Auto Inc, particularly drawn by the huge potential of the electric vehicle (EV) industry. As per data sourced from Venture Intelligence, in the first 10 months of CY2022 (January-October), PEs and VCs have invested around $1.087 billion (Rs 8,968 crore) across 27 deals… Continue reading EV industry remains a big draw for PE/VC investments in India Auto Inc
EV industry remains a big draw for PE/VC investments in India Auto Inc
Private equity (PE) and venture capital (VC) investors continue to bet big on India Auto Inc, particularly drawn by the huge potential of the electric vehicle (EV) industry. As per data sourced from Venture Intelligence, in the first 10 months of CY2022 (January-October), PEs and VCs have invested around $1.087 billion (Rs 8,968 crore) across 27 deals… Continue reading EV industry remains a big draw for PE/VC investments in India Auto Inc
Zero, Hero MotoCorp’s EV partner, makes a splash at EICMA
Zero Motorcycles, the California (USA)-based manufacturer of premium electric motorcycles and powertrains, with whom India’s Hero Motorcycles is finalising a collaboration agreement to co-develop electric motorcycles, has showcased its latest range of products at EICMA 2022 in Milan, Italy. As is known, Hero MotoCorp’s board has also approved an equity investment up to US$60 million… Continue reading Zero, Hero MotoCorp’s EV partner, makes a splash at EICMA
Zero, Hero MotoCorp’s EV partner, makes a splash at EICMA
Zero Motorcycles, the California (USA)-based manufacturer of premium electric motorcycles and powertrains, with whom India’s Hero Motorcycles is finalising a collaboration agreement to co-develop electric motorcycles, has showcased its latest range of products at EICMA 2022 in Milan, Italy. As is known, Hero MotoCorp’s board has also approved an equity investment up to US$60 million… Continue reading Zero, Hero MotoCorp’s EV partner, makes a splash at EICMA
ZF CV Control System India lines up capex of Rs 250 crore till FY24; looks to improve content per vehicle in EVs
ZF CV Control System India lines up capex of Rs 250 crore till FY24; looks to improve content per vehicle in EVs Commercial vehicle braking systems manufacturer ZF CV Control System India (formerly Wabco India) will invest Rs 250 crore till FY24 as part of its capital expenditure plan. The investment will go towards capitalisation… Continue reading ZF CV Control System India lines up capex of Rs 250 crore till FY24; looks to improve content per vehicle in EVs
ZF CV Control System India lines up capex of Rs 250 crore till FY24; looks to improve content per vehicle in EVs
ZF CV Control System India lines up capex of Rs 250 crore till FY24; looks to improve content per vehicle in EVs Commercial vehicle braking systems manufacturer ZF CV Control System India (formerly Wabco India) will invest Rs 250 crore till FY24 as part of its capital expenditure plan. The investment will go towards capitalisation… Continue reading ZF CV Control System India lines up capex of Rs 250 crore till FY24; looks to improve content per vehicle in EVs
Economic downturn in US and Europe slows down Switch Mobility’s fundraising plans
Economic downturn in US and Europe slows down Switch Mobility’s fundraising plans The proposed $200-250 million fund-raising programme by UK-based Switch Mobility, the global electric vehicle (EV) subsidiary of Chennai, India-based Ashok Leyland is taking longer than expected in the backdrop of recessionary trends and economic slowdown in the US and European markets. Dheeraj Hinduja, executive… Continue reading Economic downturn in US and Europe slows down Switch Mobility’s fundraising plans