Hyundai Motor India Limited (HMIL) has introduced the 2024 edition of its ‘Hyundai Always Around’ campaign, aiming to provide convenient sales, service, and exchange options to its customers across India. Scheduled for Sunday, November 17, 2024, the campaign is a one-day, nationwide event that offers exclusive services and benefits to both existing and prospective customers… Continue reading Hyundai Motor India launches nationwide ‘Hyundai Always Around’ Campaign
Author: Autocar_Professional India Online News
Uber enhances driver experience in India with new features focused on safety
Uber unveiled a range of new features aimed at enhancing the experience of its drivers in India. These initiatives focus on safety, fairness, and convenience, with the goal of improving day-to-day operations for Uber’s large driver base. With over a million monthly active drivers in India, Uber aims to make driving with the platform a… Continue reading Uber enhances driver experience in India with new features focused on safety
Plug-in hybrid vehicles help reduce emissions, address range anxiety, says Piyush Goyal
Union Minister of Commerce and Industry Piyush Goyal said he was against hybrid vehicles. But now he seems to have a change of mind with the plug-in hybrid vehicle’s ability to reduce carbon emissions and address range anxiety. “I was always anti-hybrid. When I studied the model of plug-in hybrids where we can have the… Continue reading Plug-in hybrid vehicles help reduce emissions, address range anxiety, says Piyush Goyal
Mushin Innovative Labs raises Rs 2 Cr in Seed Funding Led by inflection point ventures
Mushin Innovative Labs has raised Rs 2cr in a Seed Series funding round led by Inflection Point Ventures. Mushin plans to use the funds to expand its sales and marketing efforts, accelerate research and development, and drive product innovation. This focus aims to help the company enhance its market presence, improve its product offerings, and… Continue reading Mushin Innovative Labs raises Rs 2 Cr in Seed Funding Led by inflection point ventures
Bharat Forge consolidated net profit rises 13.5%, consolidated revenue falls 2.3% in Q2FY25
Bharat Forge Ltd reported a consolidated revenue of ₹3,689 crore in the second quarter of the financial year 2025, a 2.3% decrease year-on-year. The company reasoned European market challenges as one of the causes for this fall. The company’s net profit increased 13.2% to 243.2 crore from Rs 214.8 crore a year ago. EBITDA reached… Continue reading Bharat Forge consolidated net profit rises 13.5%, consolidated revenue falls 2.3% in Q2FY25
KTM expands motorcycle portfolio in India with 10 new models across various segments
KTM has introduced a range of 10 high-performance motorcycles in India, covering four key segments: Naked, Travel, Off-road Enduro, and Off-road Motocross. These models include the KTM 1390 SuperDuke R, priced at Rs 22.96 lakh, the KTM 890Duke R at Rs 14.50 lakh, and the KTM 1290 SUPER Adventure S at Rs 22.74 lakh. Additionally,… Continue reading KTM expands motorcycle portfolio in India with 10 new models across various segments
Exide to commercialize Li-ion cell manufacturing with 6 GWh capacity by FY26 end
Battery major Exide Industries, which is nearing the completion of its lithium-ion cell battery manufacturing facility, expects to commercialize the plant with a capacity of 6 GWh under the first phase towards the end of the financial year 2026. “The construction work including the main cell, admin and warehouse buildings is closer to completion. Equipment… Continue reading Exide to commercialize Li-ion cell manufacturing with 6 GWh capacity by FY26 end
Audi India begins bookings for New Q7 SUV ahead of November launch
Audi India has announced the opening of bookings for its new Audi Q7 model, available with an initial booking fee of INR 2,00,000. Customers can reserve their vehicle through the Audi India website or the ‘myAudi connect’ app. The Audi Q7, locally assembled at the SAVWIPL plant in Aurangabad, is scheduled for its official launch… Continue reading Audi India begins bookings for New Q7 SUV ahead of November launch
IIT Kanpur and Zynetic collaborate to improve EV charging technology
The Indian Institute of Technology Kanpur (IITK) has entered into a Memorandum of Understanding (MoU) with Zynetic Electric Vehicles Charging Private Limited, a company involved in the development, operation, and management of electric vehicle (EV) charging stations. This partnership is intended to support the innovation and deployment of advanced AC and DC fast chargers for… Continue reading IIT Kanpur and Zynetic collaborate to improve EV charging technology
Rapido records 2.5x gross order value growth, 2x ride orders growth
Low-cost mobility platform Rapido, reported a 2.5 times increase in Gross Order Value (GOV) in the latest quarter to Rs 2,461 crores from Rs 977 Crores in Q2FY24. Additionally, the number of ride orders doubled, reaching 207 million compared to 106 million rides the previous year. The company attributed this growth to a larger user… Continue reading Rapido records 2.5x gross order value growth, 2x ride orders growth