‘We have around 1500-1800 e-bus orders, contending for more’: Switch Mobility’s Mahesh Babu

Switch Mobility, the EV arm of CV major Ashok Leyland is betting big on its growth prospects with a growing order book, which presently stands between 1,500-1,00 e-buses, that are to be supplied over the next 12-18 months. The Chennai-based EV manufacturer, which has also recently expanded annual capacity to 3,000 e-buses at its plant,… Continue reading ‘We have around 1500-1800 e-bus orders, contending for more’: Switch Mobility’s Mahesh Babu

TVS Motor Company achieves record monthly sales in October 2024

TVS Motor Company reported record monthly sales in October 2024, with a total of 489,015 units, reflecting a 13% growth compared to 434,714 units in October 2023. The company’s electric vehicle (EV) segment also achieved its highest monthly sales to date, marking a 45% increase. In the two-wheeler segment, sales saw a 14% rise, reaching… Continue reading TVS Motor Company achieves record monthly sales in October 2024

EV sales in India scale new high: 217,000 units in October, up 55%

October has been an electrifying month for the Indian electric vehicle (EV) industry. The 32-day festive season, which opened with Navratri on October 3, continued with Dassera and accelerates with Diwali on November 1, has registered record monthly retail sales of 217,621 units in October 2024, up 55% YoY (October 2023: 140,374 units). This is… Continue reading EV sales in India scale new high: 217,000 units in October, up 55%

EV sales in India scale new high: 217,000 units in October, up 55%

October has been an electrifying month for the Indian electric vehicle (EV) industry. The 32-day festive season, which opened with Navratri on October 3, continued with Dassera and accelerates with Diwali on November 1, has registered record monthly retail sales of 217,621 units in October 2024, up 55% YoY (October 2023: 140,374 units). This is… Continue reading EV sales in India scale new high: 217,000 units in October, up 55%

EV sales in India scale new high: 217,000 units in October, up 55%

October has been an electrifying month for the Indian electric vehicle (EV) industry. The 32-day festive season, which opened with Navratri on October 3, continued with Dassera and accelerates with Diwali on November 1, has registered record monthly retail sales of 217,621 units in October 2024, up 55% YoY (October 2023: 140,374 units). This is… Continue reading EV sales in India scale new high: 217,000 units in October, up 55%

EV sales in India scale new high: 217,000 units in October, up 55%

October has been an electrifying month for the Indian electric vehicle (EV) industry. The 32-day festive season, which opened with Navratri on October 3, continued with Dassera and accelerates with Diwali on November 1, has registered record monthly retail sales of 217,621 units in October 2024, up 55% YoY (October 2023: 140,374 units). This is… Continue reading EV sales in India scale new high: 217,000 units in October, up 55%

EV sales in India scale new high: 217,000 units in October, up 55%

October has been an electrifying month for the Indian electric vehicle (EV) industry. The 32-day festive season, which opened with Navratri on October 3, continued with Dassera and accelerates with Diwali on November 1, has registered record monthly retail sales of 217,621 units in October 2024, up 55% YoY (October 2023: 140,374 units). This is… Continue reading EV sales in India scale new high: 217,000 units in October, up 55%

Top End Vehicles drive Mercedes Benz India revenues to over Rs 12,000 crore in FY24

Sustained growth in the high-end expensive car market has helped Mercedes-Benz, India’s largest luxury car market, to record revenues of ₹12,000 crore in FY24, for the second consecutive year. Yet, escalating raw material costs cast a shadow over this triumph, eroding net income by 40%, as detailed in the company’s annual report filed with the… Continue reading Top End Vehicles drive Mercedes Benz India revenues to over Rs 12,000 crore in FY24

Tata Motors’ sales in October remains stable

Tata Motors Ltd reported total sales of 82,682 units across domestic and international markets, a minor decrease from 82,954 units in October 2023. The company recorded 34,259 commercial vehicle sales in October, matching last year’s sales volume. Domestic sales of commercial vehicles totaled 32,708 units, marking a 1% increase year-over-year. The heavy commercial vehicle (HCV)… Continue reading Tata Motors’ sales in October remains stable

Oben Electric set to launch Rorr EZ electric motorcycle focusing on Urban use

Oben Electric, an Indian electric vehicle manufacturer, has released a teaser for its upcoming electric motorcycle, the Rorr EZ, which will launch on November 7, 2024. Positioned to meet the needs of daily commuters, the Rorr EZ aims to enhance the electric mobility experience with a focus on convenience, design, performance, and comfort. While specific… Continue reading Oben Electric set to launch Rorr EZ electric motorcycle focusing on Urban use