CNH Industrial reveals electric tractor prototype with autonomous features

CNH Industrial has revealed the New Holland T4 Electric Power – the industry’s first all-electric light utility tractor prototype with autonomous features – at its Tech Day in Phoenix, Arizona, USA. This product is the latest development in CNH Industrial’s strategic plan for electrification. The prototype is a New Holland Agriculture brand, while the commercial model will also extend to… Continue reading CNH Industrial reveals electric tractor prototype with autonomous features

Caterpillar develops giant battery electric mining truck

Construction machinery and equipment company Caterpillar has announced that its first battery electric 793 large mining truck had a successful demonstration. The prototype displayed its abilities on a 4.3-mile course with customers in attendance.  Caterpillar reported that the prototype, loaded to capacity, reached a maximum speed of 37.3 miles per hour (60kph), travelled over half a mile up a 10% grade… Continue reading Caterpillar develops giant battery electric mining truck

Caterpillar develops giant battery electric mining truck

Construction machinery and equipment company Caterpillar has announced that its first battery electric 793 large mining truck had a successful demonstration. The prototype displayed its abilities on a 4.3-mile course with customers in attendance.  Caterpillar reported that the prototype, loaded to capacity, reached a maximum speed of 37.3 miles per hour (60kph), travelled over half a mile up a 10% grade… Continue reading Caterpillar develops giant battery electric mining truck

Renault Group CEO Luca de Meo elected ACEA President for 2023

The Board of Directors of the European Automobile Manufacturers’ Association (ACEA) has elected Luca de Meo, CEO of Renault Group as its President for 2023. As of 1 January, Mr de Meo will take over the presidency from BMW’s CEO, Oliver Zipse, who has held the position for the last two years. ACEA’s outgoing President,… Continue reading Renault Group CEO Luca de Meo elected ACEA President for 2023

Gas price hike to restrict CNG penetration in CV sector to 9-10 percent: ICRA

With rising international gas prices and a frequent upward revision of domestic prices, the CNG penetration in the domestic commercial vehicle sector has witnessed a decline in the current fiscal, especially in the medium truck segment, as per the latest report. According to ICRA Ratings the CV industry has witnessed a contraction in the penetration… Continue reading Gas price hike to restrict CNG penetration in CV sector to 9-10 percent: ICRA

Gas price hike to restrict CNG penetration in CV sector to 9-10 percent: ICRA

With rising international gas prices and a frequent upward revision of domestic prices, the CNG penetration in the domestic commercial vehicle sector has witnessed a decline in the current fiscal, especially in the medium truck segment, as per the latest report. According to ICRA Ratings the CV industry has witnessed a contraction in the penetration… Continue reading Gas price hike to restrict CNG penetration in CV sector to 9-10 percent: ICRA

November auto retails are India’s best ever at 2.38 million units

The resilient Indian automobile industry handled tough times with fortitude, always expecting good things to happen and the good times to return. A month before 2022 wraps up, India Auto Inc is well positioned on growth road and looking to shift gear into speed lane across segments. What has helped is a combination of growth-driving… Continue reading November auto retails are India’s best ever at 2.38 million units

November’s India auto retails hit a record high: 2.38 million units

The resilient Indian automobile industry handled tough times with fortitude, always expecting good things to happen and the good times to return. A month before 2022 wraps up, India Auto Inc is well positioned on growth road and looking to shift gear into speed lane across segments. What has helped is a combination of growth-driving… Continue reading November’s India auto retails hit a record high: 2.38 million units

November continued to be a festive month for e-bikes

Sales of electric two-wheelers is on the rise in India. Electric vehicle companies are setting new sales records every month. The sales of electric two-wheelers in November 2022 amounted to 76,163. Ola Electric ranked first in retail sales. 16246 units of S1 electric scooters were delivered in November 2022. Ola’s sales have increased since the launch of… Continue reading November continued to be a festive month for e-bikes

November continued to be a festive month for e-bikes

Sales of electric two-wheelers is on the rise in India. Electric vehicle companies are setting new sales records every month. The sales of electric two-wheelers in November 2022 amounted to 76,163. Ola Electric ranked first in retail sales. 16246 units of S1 electric scooters were delivered in November 2022. Ola’s sales have increased since the launch of… Continue reading November continued to be a festive month for e-bikes