A shipment carrying around 250 units of the SP125, which is manufactured at HMSI’s Tapukara Plant in Alwar, Rajasthan, has been despatched earlier this month.c Honda Motorcycle & Scooter India (HMSI) has commenced exports of its 125cc motorcycle SP125 to Australia and New Zealand. The motorcycle is exported via the CBU route and will be… Continue reading Honda 2Wheelers India begins exports to Australia, NZ
Author: Autocar_Professional India Online News
Maruti’s net profits up 2x in Q1
Maruti Suzuki India’s FY23 results have thrown up some interesting numbers. A total of 2,80,000 pending order book due to chip shortage, the highest ever export tally of 69,437 units, and a two-fold jump in consolidated net profit to ₹1,036 crore marked India’s leading passenger car maker’s performance for Q1 of FY23 The waiting period… Continue reading Maruti’s net profits up 2x in Q1
Ather Energy clocks speedy growth in Maharashtra, opens new showroom in Mumbai
Smart electric scooter maker Ather Energy today inaugurated its newest retail outlet in Malad, Mumbai. The OEM says it is witnessing strong demand from Maharashtra, and has seen a seven-fold growth in numbers over the past year. Ather, however, has not provided details of the total sales in the state. The new Ather Space experience… Continue reading Ather Energy clocks speedy growth in Maharashtra, opens new showroom in Mumbai
Volvo XC40 Recharge EV ‘sold out’ for CY2022
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Tata Motors registers strong PV, CV sales in Q1, JLR down 37 percent
Tata Motors today announced its results for the first quarter of FY2023 ended June 30, 2022. As per the results, consolidated net loss for Q1 is Rs 5,006.60 crore, up 12.48% from the Rs 4,450.92 crore a year ago. Total revenue from operations for Q1 FY2023 was Rs 71,934 crore, up 8.32% from the Rs… Continue reading Tata Motors registers strong PV, CV sales in Q1, JLR down 37 percent
Bajaj on track with Chetak expansion
Bajaj Auto is on track to expand the presence of its Chetak electric scooter in 100 cities over the next two years, said Executive Director, Rakesh Sharma, at analysts, call for the first quarter results. The company is eyeing a full portfolio of new e-Chetaks targeting emerging sub-segments as well as the electric Qute quadricycle. “As… Continue reading Bajaj on track with Chetak expansion
Goodyear partners Lockheed Martin to develop lunar rover tyre
The GM Lockheed Goodyear lunar rover concept. Autonomous, self-driving systems will allow the rovers to prepare for human landings, provide commercial payload services, and enhance the range. Only five percent of the Moon’s surface has been explored by the human race, and to reach the other 95%, NASA astronauts on the Artemis program are going… Continue reading Goodyear partners Lockheed Martin to develop lunar rover tyre
Hyundai and Kia to develop lunar surface exploration mobility solutions
Hyundai Motor and Kia, which are engaged in mobility expansion through innovative technologies such as robotics and Advanced Air Mobility (AAM), are now expanding their vision beyond the bounds of Earth and into space. The two automakers have today announced signed of joint research agreements with six Korean research institutes and formed a consultative body to develop mobility solutions… Continue reading Hyundai and Kia to develop lunar surface exploration mobility solutions
Yamato Transport and CJPT explore commercialisation of cartridge batteries
Yamato Transport Co and Commercial Japan Partnership Technologies Corporation (CJPT) have announced today that they will begin studying the standardisation and commercialisation of replaceable and rechargeable cartridge batteries as part of energy management efforts for achieving a carbon neutral society. The introduction of commercial battery electric vehicles (BEVs) poses several challenges, including recharging times that… Continue reading Yamato Transport and CJPT explore commercialisation of cartridge batteries
Brembo and Gold Phoenix in JV to make aftermarket brake pads in China
Brembo and Gold Phoenix have signed a 50/50 joint venture agreement establishing a new company, Shandong BRGP Friction Technology Co to create the first large scale Brembo manufacturing facility fully dedicated to produce innovative aftermarket pads. The JV, called Shandong BRGP Friction Technology Co, is expected to start operations in early 2023 in Jinan, the… Continue reading Brembo and Gold Phoenix in JV to make aftermarket brake pads in China