Pure EV, an Indian electric two-wheeler manufacturer, has introduced a festive discount on its ecoDryft and eTryst X motorcycles. From now until November 10, customers can receive a flat Rs 20,000 discount on both models, with the starting price now at Rs 99,999. Both motorcycles are built on Pure EV’s predictive-AI X-Platform and come with… Continue reading Pure EV offers festive discounts on ecoDryft and eTryst X electric motorcycles
Author: Autocar_Professional India Online News
Ultraviolette F77 MACH 2 secures Global Certification, prepares for European launch
Ultraviolette’s F77 MACH 2 has become the first Indian electric motorcycle to receive certification under the United Nations Economic Commission for Europe (UNECE) regulations. The company is preparing for its launch in Europe, with an introductory price of €9,990. Ultraviolette is set to participate in EICMA, a major industry event in Milan, Italy, from November… Continue reading Ultraviolette F77 MACH 2 secures Global Certification, prepares for European launch
JLR launches Open Innovation Hub in India
JLR has launched its latest Open Innovation Hub in India, to identify and work closely with startups to develop the next generation of products and services. Building on the success of the company’s existing innovation hubs in the UK, US, Israel, and Brazil, the India Hub will focus on deep tech including artificial intelligence, big… Continue reading JLR launches Open Innovation Hub in India
TVS Motor to launch new electric two-wheeler this financial year
In a bid to strengthen its position in the burgeoning electric two-wheeler market, TVS Motor Company plans to launch a new electric two-wheeler in the current financial year. The automaker also has plans to launch an electric three-wheeler this year. “As you are aware, we are well-planned for the electric mobility product line. You will be… Continue reading TVS Motor to launch new electric two-wheeler this financial year
TVS Raider 125 races past a million sales, new iGO variant launched
The TVS Raider 125 has achieved the million-unit wholesales milestone in the Indian market. Launched on September 16, 2021, the Raider 125 has taken exactly 36 months or three years from launch to sell a total of 10,07,514 units, as per the latest wholesales data from industry body SIAM. Today (October 24, 2024), TVS launched a new… Continue reading TVS Raider 125 races past a million sales, new iGO variant launched
Ashok Leyland subsidiary OHM Global Mobility bags order for 500 Electric Buses from MTC
Ashok Leyland’s electric mobility arm OHM Global Mobility has bagged an order for 500 12-m ultra-low floor electric buses from the Metropolitan Transport Corporation (MTC), Chennai. The electric buses are designed to comfortably seat 37 passengers, with space for an additional 24 standing passengers, and offer a range of over 200 kilometres per charge. Switch… Continue reading Ashok Leyland subsidiary OHM Global Mobility bags order for 500 Electric Buses from MTC
Schaeffler India reports 12.1% growth in revenue in Q3 2024
Schaeffler India Ltd, reported revenue of Rs. 20,728 million, a 12.1% increase from to Q3 2023. Net profit for the quarter was Rs. 2,471 million with an 11.9% margin. Profit before tax reached Rs. 3,332 million in Q3 2024, marking a 5.5% increase from the same quarter last year. The PBT margin stood at 16.1%,… Continue reading Schaeffler India reports 12.1% growth in revenue in Q3 2024
Two-wheeler industry to grow 7-8% YoY in Q3, says TVS’ KN Radhakrishnan
India’s two-wheeler industry is likely to grow 7-8% during the third quarter of the financial year 2024 on the back of robust demand expected during the peak festival season and support from good monsoon and reservoir level, according to TVS Motor Company Director and CEO KN Radhakrishnan. The growth rate expectation shows a further moderation sequentially… Continue reading Two-wheeler industry to grow 7-8% YoY in Q3, says TVS’ KN Radhakrishnan
KPIT Technologies Q2FY25 profit surges 44.7% on strong software demand
KPIT Technologies reported a 44.7% year-on-year increase in profit after tax to ₹2,037 million for the second quarter ended September 30, 2024, marking its 17th consecutive quarter of growth. The automotive software integration company’s revenue grew 20.1% in constant currency terms to $173 million, driven by middleware and powertrain domains. The company maintains 18-22% constant… Continue reading KPIT Technologies Q2FY25 profit surges 44.7% on strong software demand
Goodyear India Q2 profit falls 59% amid volume drop, increase in inputs costs
Tire manufacturer Goodyear India reported a profit before tax of Rs 21 crore for the second quarter ended September 30, 2024, down from Rs 51 crore in the same period last year. Revenue declined 1% to Rs 687 crore from Rs 695 crore in Q2 FY24. The company’s half-year profit before tax fell 47% to… Continue reading Goodyear India Q2 profit falls 59% amid volume drop, increase in inputs costs