Mahindra Logistics Limited (MLL), a leading third-party logistics (3PL) solutions provider in India, has announced plans to raise up to ₹750 crore through a rights issue of fully paid-up equity shares. The decision was approved at the company’s Board of Directors meeting held earlier today. The proposed rights issue will be extended to eligible equity… Continue reading Mahindra Logistics Approves Rights Issue to Raise Up to ₹750 Crore
Author: Autocar_Professional India Online News
VinFast Partners with 13 Dealer Groups to Launch 32 Dealerships Across 27 Indian Cities, Aims for 35 by End of 2025
VinFast Auto India, a subsidiary of Vietnam-based electric vehicle manufacturer VinFast, has entered into agreements with 13 dealership groups to establish 32 outlets across 27 cities in India. The move is part of the company’s strategy to expand its footprint in the growing Indian electric vehicle market. The planned dealerships will support VinFast’s 3S model… Continue reading VinFast Partners with 13 Dealer Groups to Launch 32 Dealerships Across 27 Indian Cities, Aims for 35 by End of 2025
Deep Drive Podcast: What’s up at Honda, Yamaha, Suzuki and Kawasaki in India?
We explore the current developments at Honda, Yamaha, Suzuki, and Kawasaki, focusing on the strategies each manufacturer is adopting to maintain their presence in the Indian market. We discuss what’s happening at Honda, Yamaha, Suzuki and Kawasaki and the approaches the manufacturers are taking to stay relevant in India. [embedded content] Go to Source
How Home Chargers Can Reshape Consumer Perceptions and Pave the EV Adoption Path
India’s electric vehicle (EV) market is accelerating rapidly, backed by strong government policies, rising environmental awareness, and improved technology. In FY22 alone, EV sales surged over threefold to 4.29 lakh units from just 1.34 lakh units in FY21, according to data from the Federation of Automobile Dealers Associations of India (FADAI). Notably, electric two-wheelers accounted… Continue reading How Home Chargers Can Reshape Consumer Perceptions and Pave the EV Adoption Path
Tata AutoComp Accelerates Diversification Beyond Auto Components With Skoda JV
Tata AutoComp Systems Ltd’s recent joint venture with Czech Republic-based Skoda Group to manufacture railway propulsion systems and components in India, is a part of the company’s broader strategy to diversify beyond auto components and capitalise on India’s evolving mobility and infrastructure landscape, according to Arvind Goel, Non-Executive Vice Chairman of the company. The rationale… Continue reading Tata AutoComp Accelerates Diversification Beyond Auto Components With Skoda JV
Rethinking EV Charging: A Shift from Fuel Stations to Everyday Spaces
When we think about refueling a vehicle, most of us instinctively imagine a petrol pump: bright canopies, rows of fuel dispensers, and the familiar smell of gasoline. After all, for over a century, we’ve lived in a world dominated by internal combustion engine (ICE) vehicles. Refueling has always meant visiting a fuel station. This model… Continue reading Rethinking EV Charging: A Shift from Fuel Stations to Everyday Spaces
Govt to Release PM E-Drive Subsidy Guidelines for Electric Ambulances by Year-End
The government expects to issue guidelines for demand incentives for electric ambulances under the Rs 10,900-crore PM E-Drive scheme by the end of this year, and vehicles are likely to be eligible for subsidies from early next year, according to senior government officials. Electric ambulances have been included in the PM E-Drive scheme. The government… Continue reading Govt to Release PM E-Drive Subsidy Guidelines for Electric Ambulances by Year-End
Mercedes-Benz India Sees Flat-to-Single-Digit Growth in 2025: MD Iyer
Mercedes-Benz India sees India’s luxury car sales cross 50,000 milestone for second year in a row in 2025, but expects sales growth to be muted due to ongoing macroeconomic and geopolitical uncertainties. “If you look at the full year, I am still feeling that it will be a flat-ish or a single-digit growth. It will… Continue reading Mercedes-Benz India Sees Flat-to-Single-Digit Growth in 2025: MD Iyer
Mercedes-Benz India Begins FY26 with Highest-Ever Q1 Sales
Mercedes-Benz India kicked off the financial year 2025-26 with its best-ever first-quarter sales, retailing 4,238 units in the April-June, marking a 10% year-on-year growth. Strong Q1 sales were led by top-end luxury vehicles and BEV demand, reflecting an increasingly personalised buyer preference, as well as exceptional growth in the battery electric vehicle (BEV) portfolio. Mercedes-Benz’s… Continue reading Mercedes-Benz India Begins FY26 with Highest-Ever Q1 Sales
Tesla to Inaugurate First India Showroom on July 15
After years of deliberation, Tesla has finally confirmed its India launch with its first showroom opening in Mumbai on July 15. The American EV giant will commence operations with the Tesla Experience Centre at Mumbai’s Bandra Kurla Complex, likely followed by another store in Delhi. The launch of the actual cars themselves, however, still seem… Continue reading Tesla to Inaugurate First India Showroom on July 15