Autocar_Professional India Online News – Page 204

Bajaj Qute exports jump 54% to 6,422 units in best-ever fiscal year

Bajaj Auto, which is India’s No. 1 two-wheeler as well as three-wheeler exporter, has registered its best-ever exports of the Qute quadricycle of which is the sole manufacturer in the country. As per industry wholesales data from SIAM, Bajaj Auto shipped a total of 6,422 Qutes in FY2025, which constitutes a strong 54% YoY increase… Continue reading Bajaj Qute exports jump 54% to 6,422 units in best-ever fiscal year

Bajaj Qute exports jump 54% to 6,422 units in best-ever fiscal year

Apollo Tyres To Cease Production At Enschede Plant Amid Rising Costs And Market Shifts

Apollo Tyres Ltd., a Gurugram-based leading tyre manufacturer, announced plans to discontinue tyre production and related activities at its Enschede facility in the Netherlands by the summer of 2026. The decision, disclosed in a regulatory filing on Friday, is attributed to escalating manufacturing costs driven by macroeconomic disruptions, significant increases in energy and labour expenses,… Continue reading Apollo Tyres To Cease Production At Enschede Plant Amid Rising Costs And Market Shifts

Anchor Investment Underlines Ather Energy’s Valuation Premium Over Ola Electric

Electric two-wheeler manufacturer Ather Energy has finalized its anchor investor allocation at ₹321 per share, valuing the company at $1.4 billion (₹11,956 crore) post IPO, or Rs 9,330 crore pre IPO. This also means that investors value Ather Energy at a premium, compared to bigger rival Ola Electric. Bengaluru-based Ather Energy allocated 4.17 crore equity… Continue reading Anchor Investment Underlines Ather Energy’s Valuation Premium Over Ola Electric

Anchor Investment Underlines Ather Energy’s Valuation Premium Over Ola Electric

Ather Energy Raises Rs 1,340 Crore from Anchor Investors ahead of IPO

Electric two-wheeler manufacturer Ather Energy Limited has allocated 4,17,45,576 equity shares to anchor investors at ₹321 per share (including a premium of ₹320 per share), raising approximately ₹13,40 crore ahead of its public offering scheduled to open on Monday. SBI Small Cap Fund emerged as the largest single fund investor, securing 17.9% of the anchor… Continue reading Ather Energy Raises Rs 1,340 Crore from Anchor Investors ahead of IPO

Maruti Suzuki to Equip All Cars with Six Airbags This Year, Says Chairman Bhargava

Maruti Suzuki India Ltd, the country’s largest car manufacturer, will equip all of its vehicles with six airbags in the ongoing year, aligning with the government’s ongoing efforts to enhance passenger safety, the company’s Chairman RC Bhargava said on Thursday. “We will be having six airbags in virtually all our cars this year,” Bhargava said… Continue reading Maruti Suzuki to Equip All Cars with Six Airbags This Year, Says Chairman Bhargava

NRB Bearings Approves ₹200 Crore Capacity Expansion

The Board of Directors of NRB Bearings Limited has approved a capital expenditure of ₹200 crore aimed at upgrading and enhancing production capacity across its manufacturing facilities located in Jalna, Chikalthana, Waluj, and Hyderabad. This move is intended to meet increasing demand in both domestic and international markets and will be implemented over the next… Continue reading NRB Bearings Approves ₹200 Crore Capacity Expansion

Why Maruti’s R.C. Bhargava Believes Affordable Cars Are Key to India’s Growth Story; Calls for Urgent Regulatory Support

Maruti Suzuki Chairman R.C. Bhargava argues that India’s once-thriving small car segment, which made car ownership accessible to millions, is losing momentum, not due to shifting consumer preferences, but because of rising affordability issues and policy stagnation. “What’s happening is people can’t afford small cars anymore,” Bhargava says, challenging the widely held belief that India’s… Continue reading Why Maruti’s R.C. Bhargava Believes Affordable Cars Are Key to India’s Growth Story; Calls for Urgent Regulatory Support

Indofast Energy and Green Tiger Mobility Partner to Convert Petrol Scooters to Electric

Indofast Energy and Green Tiger Mobility have announced a partnership to retrofit petrol two-wheelers to electric vehicles with battery-swapping capabilities in Bangalore and Delhi NCR. The program allows owners to convert their existing petrol scooters to electric starting at Rs 10,000. The conversion includes RTO approvals, insurance, and regulatory compliance at a fixed cost. Customers… Continue reading Indofast Energy and Green Tiger Mobility Partner to Convert Petrol Scooters to Electric