Autocar_Professional India Online News – Page 287

ZF Group Secures Major Electric Axle Deal in India with Leading CV OEM

ZF Commercial Vehicle Solutions (CVS), a division of the global ZF Group, has secured a significant multi-year contract with a major Indian commercial vehicle (CV) manufacturer, ZF group announced today. The deal involves the supply of several thousand units of ZF’s AxTrax 2 electric axle, marking a notable step in the adoption of electric mobility… Continue reading ZF Group Secures Major Electric Axle Deal in India with Leading CV OEM

ArcelorMittal Nippon Steel India Gears Up for Green Steel Taxonomy Implementation

ArcelorMittal Nippon Steel India (AM/NS India) has announced its preparedness for the upcoming Green Steel Taxonomy introduced by the Ministry of Steel, which is expected to be implemented in the financial year 2026–27. The company’s current manufacturing practices and sustainability initiatives place it in a position to deliver a significant share of its production as… Continue reading ArcelorMittal Nippon Steel India Gears Up for Green Steel Taxonomy Implementation

Ultraviolette Announces Partnership with MotoMondo for Entry into the UK and Benelux Markets

Bengaluru-based electric vehicle manufacturer Ultraviolette has announced its entry into the United Kingdom and Benelux region through a strategic partnership with MotoMondo. As part of the agreement, MotoMondo will serve as the official importer and distributor for Ultraviolette’s products across the UK, Belgium, the Netherlands, and Luxembourg. The company plans to launch its electric motorcycle,… Continue reading Ultraviolette Announces Partnership with MotoMondo for Entry into the UK and Benelux Markets

Bajaj Auto goes ahead of TVS in electric two-wheeler sales in FY2025

Legacy two-wheeler OEMs Bajaj Auto and TVS Motor Co, which entered the electric two-wheeler market in the same month (January 2020), continue to be engaged in an intense battle for supremacy. As per the FY2025 wholesales numbers released by industry body SIAM, Bajaj Auto which sold a total of 277,183 electric two-wheelers has gone ahead… Continue reading Bajaj Auto goes ahead of TVS in electric two-wheeler sales in FY2025

Bajaj Auto goes ahead of TVS in electric two-wheeler sales in FY2025

Why Do Dealerships Need an AI Makeover Now?

The automotive industry is at a critical point. For the past so many decades, dealerships have worked on a pre-existing model that has now become redundant. Consumer expectations have changed and they are now wanting a digital-first experience wherein the traditional players, who haven’t opted for newer strategies are failing. In between this transformation, AI… Continue reading Why Do Dealerships Need an AI Makeover Now?

India Signs First Defence MoU with Slovakia Through JCBL Group

India and Slovakia have signed their first defence Memorandum of Understanding, with JCBL Group’s defence unit Airbornics Defence & Space Pvt. Ltd. (ADSL) set to co-develop technologies for next-generation combat vehicles under India’s indigenous manufacturing initiative. The agreement, finalized during Indian President Droupadi Murmu’s state visit to Slovakia today, focuses on developing and manufacturing crucial… Continue reading India Signs First Defence MoU with Slovakia Through JCBL Group

Oben Electric Eyes Rs 428 Crore In Its Second Funding Round In 2025

Electric motorcycle manufacturer Oben Electric is expected to raise Rs 428 crore-Rs 513 crore in the series B funding round in 2025, a senior company official told Autocar Professional. Founded in 2020, Oben Electric operates a 3.5-acre manufacturing facility in Bengaluru with an annual production capacity of 1 lakh units. The plant currently manufactures the… Continue reading Oben Electric Eyes Rs 428 Crore In Its Second Funding Round In 2025