Omega Seiki Mobility has partnered with Grip, an alternative investment platform for retail investors. Under the partnership, Grip will finance 1,000 units of electric three-wheelers Rage+ and Rapid of Omega Seiki. In a press note, both companies said they aim to expand this partnership to lease a minimum of 5,000 electric vehicles by the end of… Continue reading Omega Seiki, Grip join hands for retail tie-up
Author: Autocar_Professional India Online News
Ashok Leyland’s 8-wheeler truck promises better TCO
Ashok Leyland has launched an 8-wheeler truck, the AVTR 2620. With this the company says it is the first and only player in the country to have a full range of trucks based on lift axle technology from GVW of 25.5 to 47.5T. According to the company, the new vehicle is powered by the company’s… Continue reading Ashok Leyland’s 8-wheeler truck promises better TCO
ZF Group inaugurates new tech center in Hyderabad
ZF Group has inaugurated its new tech center facility at Hyderabad. The new Tech Center is the largest software hub for the ZF Group and is expected to play a critical role in the growth and positioning of the ZF Group globally and as well in India. KT Rama Rao, Telangana Cabinet Minister for IT… Continue reading ZF Group inaugurates new tech center in Hyderabad
PV sales pick up speed in May but hurdles remain
India’s OEMs recorded good sales numbers for May 2022 on a year-on-year basis on lower than usual base numbers for May 2021 that were impacted by the Covid wave and lockdowns. However, most OEMs’ tallies were better than those of April which is cause for cheer. In terms of marketshare, the top three OEMs are… Continue reading PV sales pick up speed in May but hurdles remain
Two-wheeler sales rev up in May
India’s two-wheeler majors saw their sales numbers go up month-on-month in May 2022, an indication of perhaps of improving buyer sentiments as the economy opens up more fully, and schools and educational institutions welcome students back again to in-person classrooms. Also, with many companies cutting back their work-from-home routines, the demand for personal transport could… Continue reading Two-wheeler sales rev up in May
Jio-bp, MG Motor and Castrol sign partnership to boost electric mobility
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Martin Uhlarik: ‘We look at design through the lens of sustainability’
How do you see global warming or climate change impact automotive design?As a company we have to make sure we are in sync with these global targets and objectives (to rein in global warming). A designer’s job is to find solutions to problems. So this is not seen as a crisis but an opportunity —… Continue reading Martin Uhlarik: ‘We look at design through the lens of sustainability’
Kia India makes EV debut with EV6 crossover
Kia India’s first all-electric model – the EV6 crossover – has been introduced in the country, at a starting price of Rs 59.95 lakh, ex-showroom. The crossover comes in two options, the base rear-wheel-drive variant, and the top-end all-wheel-drive trim, which comes priced at Rs 64.95 lakh, ex-showroom. The EV6 comes as a CBU and… Continue reading Kia India makes EV debut with EV6 crossover
May sales provide feel-good factor
Sales across all automotive segments including passenger vehicles, two wheelers, commercial vehicles and tractors advanced at a brisk pace year-on-year in May 2022. However, these numbers have to be seen in the context of lower volumes in the year-earlier month, as a result of a devastating second wave of the pandemic that led to lockdowns and… Continue reading May sales provide feel-good factor
Global investor Abdul Latif Jameel to invest Rs 1700 crore in Greaves Electric Mobility
Front row: Mohammed Jameel (L), Chairman and CEO, Abdul Latif Jameel and Karan Thapar (R), Chairman, Greaves Cotton Limited. Abdul Latif Jameel, an independent, family-owned, diversified global investor and operator has announced its commitment to invest $220 million (Rs 1700 crores) in Greaves Electric Mobility. Abdul Latif Jameel will initially invest $150 million (Rs 1160… Continue reading Global investor Abdul Latif Jameel to invest Rs 1700 crore in Greaves Electric Mobility