Hero MotoCorp introduces “Hero For Startups” accelerator program

Hero MotoCorp, a leading manufacturer of motorcycles and scooters, has launched the Hero For Startups (HFS) program to foster innovation and support emerging businesses. This initiative is part of Hero MotoCorp’s vision to shape the future of mobility in India and beyond, emphasising technology-driven advancements and talent development in the automotive sector.   The HFS… Continue reading Hero MotoCorp introduces “Hero For Startups” accelerator program

Honda targets to produce 1 lakh electric scooters in 2025

Honda Motorcycles & Scooters India, which will open bookings for its newly launched electric scooters Activa E and QC1 on January 1, is aiming to produce one lakh electric scooters in the initial year. “First year, we are planning to manufacture around 1 lakh units of both the electric vehicle models,” Honda Motorcycle & Scooter… Continue reading Honda targets to produce 1 lakh electric scooters in 2025

Honda targets to produce 1 lakh electric scooters in 2025

Honda Motorcycles & Scooters India, which will open bookings for its newly launched electric scooters Activa E and QC1 on January 1, is aiming to produce one lakh electric scooters in the initial year. “First year, we are planning to manufacture around 1 lakh units of both the electric vehicle models,” Honda Motorcycle & Scooter… Continue reading Honda targets to produce 1 lakh electric scooters in 2025

Bajaj Freedom CNG motorcycle completes 2,000+ km in clean fuel rally

Bajaj Auto, a leading global manufacturer of two-wheelers and three-wheelers successfully concluded the Amul Clean Fuel Rally, covering over 2,000 kilometres from Pune to Delhi and an additional 800 kilometres from Jammu to Delhi, highlighting the Freedom’s eco-friendly credentials. The rally, featuring 24 riders, was a demonstration of the Bajaj Freedom CNG’s reliability across varied… Continue reading Bajaj Freedom CNG motorcycle completes 2,000+ km in clean fuel rally

Rilox EV launches Bijli Trio electric three-wheeler for urban logistics

Rilox EV has announced the launch of its electric three-wheeler e-cart, the Rilox EV Trio, aimed at enhancing the logistics and retail mobility of small and medium businesses. This vehicle is designed to bridge the gap between two-wheelers and larger three-wheelers, providing a practical and eco-friendly solution for urban logistics and last-mile deliveries. The Bijli… Continue reading Rilox EV launches Bijli Trio electric three-wheeler for urban logistics

Magenta Mobility secures patent for innovative Plug-and-Play EV charger

Magenta Mobility has received a patent for its Plug-and-Play EV Charger, designed to support the charging of its captive electric vehicle fleet. This development reflects the company’s commitment to enhancing the EV charging infrastructure. The patent, granted under Patent No. 448765 and Application No. 202121020247, confirms that Magenta Mobility has developed a solution aimed at… Continue reading Magenta Mobility secures patent for innovative Plug-and-Play EV charger

ZF Group sells 4.3% stake in ZF CVCS India to drive its growth plan

ZF Group (ZF) has sold a 4.3 percent stake in its holding in ZF Commercial Vehicle Control Systems India Limited (ZF CVCS India) to enhance its financial flexibility for growth. Despite this sale, ZF continues to maintain a majority stake in ZF CVCS India. The company sold 820,000 shares to institutional investors, aligning with its… Continue reading ZF Group sells 4.3% stake in ZF CVCS India to drive its growth plan

Honda Motorcycle & Scooter to adopt phased rollout of E2Ws, eyes to cover 50% market in first year

Honda Motorcycles & Scooters India, which launched its first set of electric two-wheelers in India on Wednesday, will adopt a phased roll out of its electric scooters across the country, rather than an aggressive country wide roll out in the initial stage. The automaker aims to cover 50% of the domestic electric two-wheeler market within… Continue reading Honda Motorcycle & Scooter to adopt phased rollout of E2Ws, eyes to cover 50% market in first year

Honda Motorcycle & Scooter to adopt phased rollout of E2Ws, eyes to cover 50% market in first year

Honda Motorcycles & Scooters India, which launched its first set of electric two-wheelers in India on Wednesday, will adopt a phased roll out of its electric scooters across the country, rather than an aggressive country wide roll out in the initial stage. The automaker aims to cover 50% of the domestic electric two-wheeler market within… Continue reading Honda Motorcycle & Scooter to adopt phased rollout of E2Ws, eyes to cover 50% market in first year

Alt Mobility raises Rs 83 crores in series A Funding led by Eurazeo and Shell Ventures

Alt Mobility, a commercial electric vehicle leasing and asset management company, has raised Rs 83 crore in a Series A funding round led by Eurazeo, a European venture capital and private equity fund. Existing investors, including Shell Ventures, Twynam Earth Fund, and EV2 Ventures, also participated in the round.   Alt Mobility currently operates a… Continue reading Alt Mobility raises Rs 83 crores in series A Funding led by Eurazeo and Shell Ventures