Autocar_Professional India Online News – Page 292

VECV Signs Partnership Deal with Statiq to Expand EV Charging Access

VE Commercial Vehicles has entered into a partnership with EV charging solutions provider Statiq to expand charging infrastructure access for its electric truck and bus customers. The companies signed a memorandum of understanding on Tuesday to integrate Statiq’s network of over 8,000 charging points into VECV’s MyEicher fleet management application. Under the agreement, Statiq will… Continue reading VECV Signs Partnership Deal with Statiq to Expand EV Charging Access

India’s Power Demand to Rise 6% Annually on Electric Vehicles, Data Centers

India’s electricity demand is expected to grow at 6-6.5% annually over the next five years, driven by electric vehicles, data centers and green hydrogen production, according to credit rating agency ICRA. This represents an acceleration from the 5% growth rate achieved over the past decade. The rating agency projects power demand growth of 5-5.5% for… Continue reading India’s Power Demand to Rise 6% Annually on Electric Vehicles, Data Centers

Infobip Deploys NVIDIA DGX B200 Systems to Advance AI Development in Central Europe

Infobip has integrated NVIDIA DGX B200 systems into its data center infrastructure, positioning the global communications platform among the first companies in Central Europe to deploy NVIDIA’s Blackwell GPU technology. The company will use the supercomputing systems for the IPCEI-CIS project, a European Union initiative aimed at developing next-generation communications platforms. The deployment supports the… Continue reading Infobip Deploys NVIDIA DGX B200 Systems to Advance AI Development in Central Europe

Chargeup secures INR 50 crore credit line for commercial EV financing

Chargeup has partnered with Mega Corporation Limited and Shivakari Finance to establish a combined credit line of INR 50 crore for commercial electric vehicle financing. The collaboration aims to deploy 4,000 commercial EVs over the next 12 months, targeting last-mile drivers across India. The partnerships address challenges that have limited EV financing in India’s commercial… Continue reading Chargeup secures INR 50 crore credit line for commercial EV financing

Chargeup secures INR 50 crore credit line for commercial EV financing

Tata Altroz to cross 300,000 sales soon, refreshed model to spur demand

The Tata Altroz is set to drive past the 300,000-unit sales milestone in the Indian market soon. As per SIAM wholesales data, Tata Motors’ premium hatchback has clocked cumulative wholesales of 296,425 units till end-April 2025. Expect the minuscule gap of 3,575 units to be bridged in early June 2025, as a result of the… Continue reading Tata Altroz to cross 300,000 sales soon, refreshed model to spur demand

Tata Motors revs up Altroz’s premium appeal, inside and out

Tata Motors, which had launched the Altroz hatchback in January 2020, has given a thorough and much-awaited makeover to the premium hatchback. The aim is to significantly enhance the model’s appeal in a competitive segment which is also witnessing the impact of the sustained consumer shift towards SUVs over the past couple of years. While… Continue reading Tata Motors revs up Altroz’s premium appeal, inside and out

India’s Decade of EV Policy: Targeted Subsidies Shape Uneven Growth Across Segments

Over the past decade, India’s electric vehicle (EV) landscape has been significantly shaped by targeted government subsidies and state-level policy interventions, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). While central schemes such as FAME-I and FAME-II have helped boost EV adoption, the report finds that their effectiveness… Continue reading India’s Decade of EV Policy: Targeted Subsidies Shape Uneven Growth Across Segments

Indian Two-Wheeler Wholesale Volumes Drop 18.8% in April Despite Steady Retail Sales

India’s two-wheeler industry recorded a significant decline in wholesale volumes during April 2025, with domestic shipments falling 18.8% year-on-year to 1.39 million units, according to a report by credit rating agency ICRA. However, retail volumes showed resilience with a 2% growth during the same period. The wholesale volume decline was attributed to production shutdowns undertaken… Continue reading Indian Two-Wheeler Wholesale Volumes Drop 18.8% in April Despite Steady Retail Sales

Carraro India Expects Sales to Grow by 8–12% in FY26, Led by Strong Domestic Demand

Carraro India Limited, a tractor and construction equipment components manufacturer, expects its revenue to grow by 8–12% in FY26, underpinned by robust domestic demand for 4WD vehicles and tractors, and the ramp-up of its newly acquired tele-boom handler business. While the export outlook remains uncertain in the near term, the company anticipates a recovery in… Continue reading Carraro India Expects Sales to Grow by 8–12% in FY26, Led by Strong Domestic Demand