Autocar_Professional India Online News – Page 219

Oben Electric Expands Retail Network Across India

Oben Electric, an Indian electric motorcycle manufacturer, has expanded its retail footprint by opening 15 new showrooms and service centers in a single day. This marks its entry into Punjab, Gujarat, Madhya Pradesh, and Telangana, bringing its total number of showrooms to 35, up from 11 in December 2024. The company has been consistently growing… Continue reading Oben Electric Expands Retail Network Across India

Oben Electric Expands Retail Network Across India

Scorpio and 3XO command 48% share of record Mahindra SUV sales in FY2025

Mahindra & Mahindra has driven into FY2026 on the back of a record fiscal. At 551,487 SUVs sold and robust 20% year-on-year growth (FY2024: 459,877 units), FY2025 was a bumper fiscal year for the company. With an all-SUV portfolio, M&M has, since FY2022 when it sold 225,895 units, successfully surfed the wave of surging demand… Continue reading Scorpio and 3XO command 48% share of record Mahindra SUV sales in FY2025

Mahindra produces 8,303 electric-origin SUVs in Q4 FY25, dispatches 8,047 units to dealers

Mahindra & Mahindra, which sold a record 551,487 SUVs in FY2025 and registered stellar 20% YoY growth (FY2024: 459,877 units), saw growth increase quarter on quarter (QoQ) throughout last fiscal. While Q2 FY2025 wholesales of 135,962 SUVs were up 9.42% on Q1 FY2025’s 124,248 units, Q3 dispatches of 142,150 units rose 4.55% on Q2. And,… Continue reading Mahindra produces 8,303 electric-origin SUVs in Q4 FY25, dispatches 8,047 units to dealers

Mahindra produces 8,303 electric-origin SUVs in Q4 FY25, dispatches 8,047 units to dealers

Remsons Industries Acquires 51% Stake in Electric Three-Wheeler Maker Astro Motors

Remsons Industries Limited, a veteran automotive OEM components manufacturer, has acquired a 51.01% stake in Astro Motors Private Limited for Rs. 14.22 crore. The deal, announced on April 9, 2025, was structured as a mix of Rs. 4.22 crore in equity issued on preferential basis and Rs. 10 crore in cash. Astro Motors manufactures electric… Continue reading Remsons Industries Acquires 51% Stake in Electric Three-Wheeler Maker Astro Motors

Remsons Industries Acquires 51% Stake in Electric Three-Wheeler Maker Astro Motors

Olectra Greentech Secures ₹424 Crore Order from Himachal Road Transport Corporation

Olectra Greentech Limited, a leading player in the electric mobility sector, has announced a significant milestone with the receipt of a Letter of Award (LOA) from Himachal Road Transport Corporation (HRTC). The company will supply and maintain 297 electric buses in a deal valued at approximately ₹424.01 crores. This order, awarded by a domestic entity,… Continue reading Olectra Greentech Secures ₹424 Crore Order from Himachal Road Transport Corporation

Greaves Cotton and Chara Technologies Join Forces to Develop Rare-Earth-Free Motors

Greaves Cotton Limited, a 165-year-old engineering company, has announced a strategic partnership with Bengaluru-based startup Chara Technologies to manufacture innovative rare-earth-free motors for electric mobility applications. The collaboration will focus on producing synchronous reluctance motors and controllers at Greaves’ facility in Shendra, Aurangabad. The partnership aims to address critical supply chain vulnerabilities in the electric… Continue reading Greaves Cotton and Chara Technologies Join Forces to Develop Rare-Earth-Free Motors