The deal for the OEM’s premier electric two-wheeler, according to Sona Comstar management, was reached following year-long technical discussions with the customer. Gurugram-headquartered Sona Comstar has received its first order of this size from a reputed Indian two-wheeler OEM for traction motor components valued at Rs 913 crore. This brings the company’s total orderbook to about… Continue reading Sona Comstar bags Rs 913 crore order for traction motors from 2W OEM
Author: Autocar_Professional India Online News
Magenta Mobility joins forces with Flipkart for EV entry into Delhi-NCR
Electric mobility solutions provider Magenta Mobility has partnered e-commerce company Flipkart to deploy electric vehicles for its last-mile transportation operations. With this collaboration, Magenta Mobility formally enters the National Capital Area (Delhi-NCR) and will deploy around 400 electric cargo vehicles to the Flipkart fleet in Delhi NCR. This deployment is over and above the existing fleet… Continue reading Magenta Mobility joins forces with Flipkart for EV entry into Delhi-NCR
BYD India delivers 450 all-electric e6 MPVs since November 2021
BYD India, which is set to launch the all-electric Atto 3 SUV on October 11, says it has delivered over 450 premium e6 eMPVs across India since the launch of the all-electric MPV in November 2021. This makes for monthly average sales of 45 units till end-August 2022. Till now, the e6 was being sold… Continue reading BYD India delivers 450 all-electric e6 MPVs since November 2021
Three-wheeler passenger vehicle sales on a roll
SIAM’s numbers for the month of August indicate that three wheelers passenger vehicles have surged. India’s three-wheeler sales have surged in the first five months of the current fiscal to 102,115 up from 41,118 in the year-earlier period, SIAM said in its announcement last week of wholesales numbers. While three-wheeler sales rose to 39,000 units… Continue reading Three-wheeler passenger vehicle sales on a roll
Yulu gets fresh Rs 653 crore funding led by Magna International and Bajaj Auto
The Yulu Max battery swapping and charging station at Lajpat Nagar Metro Station, New Delhi Yulu, the shared electric Mobility-as-a-Service (MaaS) and Battery-as-a-Service (BaaS) company, today announced the infusion of $82 million (Rs 653 crore) in Series B funding round, led by mobility technology company, Magna International Inc. Existing investors including Bajaj Auto also participated in the… Continue reading Yulu gets fresh Rs 653 crore funding led by Magna International and Bajaj Auto
Maruti Suzuki’s backlog grows to 417,000 units, bullish on demand for new Grand Vitara
Passenger vehicle market leader Maruti Suzuki India’s ‘problem’ of plenty has grown bigger. From the new vehicle bookings of 387,000 units it had a month ago and 280,000 units in Q1 FY2023, the company’s current cumulative pending orders has crossed the 400,000-unit mark at 417,000 units. This latest update was provided by Shashank Srivastava, Senior… Continue reading Maruti Suzuki’s backlog grows to 417,000 units, bullish on demand for new Grand Vitara
Hero Electric best-seller for second consecutive month, e2W sales cross 225,000 in April-August
Electric two-wheeler sales in India are on a roll and August 2022’s retail numbers are the best yet this fiscal: 50,475 units. While this is a massive 238% year-on-year increase on the pandemic-impacted August 2021’s 14,913 units, they constitute a more realistic 13% month-on-month growth over July 2022’s 44,595 units. Last month’s e-two-wheeler retails, as… Continue reading Hero Electric best-seller for second consecutive month, e2W sales cross 225,000 in April-August
PNC Infratech bags Rs 1460 crore order for UP highway
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Audi India installs over 100 EV chargers across 60 cities
Audi has announced installation of over 100 EV chargers across 60 cities in India. This total includes all Audi India dealerships, workshop facilities and select SAVWIPL Group brand dealerships located across strategic highways in the country. All Audi India dealerships are equipped with a 22kW charger and so far, 16 Audi India dealerships including Audi… Continue reading Audi India installs over 100 EV chargers across 60 cities
PV, 2- and 3-wheeler wholesales up 18% in August, OEMs eye festive season gains
The automobile wholesales numbers for August 2022 are out, released by apex industry body Society of Indian Automobile Manufacturers (SIAM). Total despatches of three vehicle segments – passenger vehicles, two- and three-wheelers – add up to 18,77,072 units, up a strong 18% year on year (August 2021: 15,94,573 units). SIAM did not release the data… Continue reading PV, 2- and 3-wheeler wholesales up 18% in August, OEMs eye festive season gains