Evfin, the lending subsidiary of Greaves Cotton, plans to achieve a portfolio of 500,000 financed electric two-wheelers over the next five years, a significant increase from its current base of approximately 12,000 units. This expansion aligns with India’s broader push toward cleaner transportation solutions, with evfin aiming to serve up to 80% of the EV… Continue reading Greaves Cotton’s EV financing arm targets half a million financed EVs over next five years
Author: Autocar_Professional India Online News
Tata Motors launches Prima 4440.S AMT Truck in Saudi Arabia
Tata Motors has launched its first Automated Manual Transmission (AMT) truck, the Prima 4440.S AMT, in Saudi Arabia. Built on the company’s flagship Prima platform, the truck is designed to combine driver comfort, fuel efficiency, and reliable performance. It features a robust drivetrain, durable components, and a comfortable cabin to enhance productivity and profitability for… Continue reading Tata Motors launches Prima 4440.S AMT Truck in Saudi Arabia
Electric 3-wheelers will not need subsidies beyond FY26, says Anish Shah
The electric three-wheeler industry will not have to depend on government subsidies beyond the financial year 2026, as it will have reached a level of scale of self-sufficiency, Anish Shah, President, Federation of Indian Chambers of Commerce and Industry said. “The subsidy has come down as increased volume and scale has driven down costs. The… Continue reading Electric 3-wheelers will not need subsidies beyond FY26, says Anish Shah
Electric 3-wheelers will not need subsidies beyond FY26, says Anish Shah
The electric three-wheeler industry will not have to depend on government subsidies beyond the financial year 2026, as it will have reached a level of scale of self-sufficiency, Anish Shah, President, Federation of Indian Chambers of Commerce and Industry said. “The subsidy has come down as increased volume and scale has driven down costs. The… Continue reading Electric 3-wheelers will not need subsidies beyond FY26, says Anish Shah
IIIT Hyderabad advances autonomous driving with AI-driven navigation
Madhava Krishna, Professor and Head of the Robotics Research Centre and the Kohli Center for Intelligent Systems (KCIS) at IIIT Hyderabad, provides an overview of the institute’s self-driving car and its underlying technology. The self-driving car developed by IIIT Hyderabad is an electric vehicle designed for autonomous point-to-point driving with collision avoidance capabilities. The… Continue reading IIIT Hyderabad advances autonomous driving with AI-driven navigation
TVS Motor Company launches upgraded Apache RTR 160 4V at Rs 1.39 lakh
TVS Motor Company launched an upgraded version of its popular Apache RTR 160 4V motorcycle, featuring enhanced performance capabilities. The latest iteration of the sports motorcycle, priced at Rs 1,39,990 (ex-showroom New Delhi), introduces segment-first ride modes and advanced suspension systems. The new Apache RTR 160 4V has a 159.7cc, oil-cooled, fuel-injected, 4-valve engine that… Continue reading TVS Motor Company launches upgraded Apache RTR 160 4V at Rs 1.39 lakh
PURE EV partners with Arva Electric to expand electric mobility in the Middle East and Africa
Indian electric two-wheeler manufacturer, PURE EV, partnered with UAE-based Arva Electric Vehicles Manufacturing, (a subsidiary of Clarion Investment) to supply electric motorcycles to the Middle East and African markets. The agreement includes an initial delivery of 50,000 units of its flagship models, ecoDryft and eTryst X, over the next two years, with plans to scale… Continue reading PURE EV partners with Arva Electric to expand electric mobility in the Middle East and Africa
Tyre industry to witness muted growth amid rising input costs: CRISIL
Indian tyre manufacturers are set to see revenue growth of 7-8% this fiscal year, driven by modest increases in volume and realisations. However, rising natural rubber prices and weak export demand pose challenges for the industry, says credit ratings agency CRISIL. This uptick, spurred by a 3-4% increase in both volumes and realisations, is nearly… Continue reading Tyre industry to witness muted growth amid rising input costs: CRISIL
Tyre industry to witness muted growth amid rising input costs: CRISIL
Indian tyre manufacturers are set to see revenue growth of 7-8% this fiscal year, driven by modest increases in volume and realisations. However, rising natural rubber prices and weak export demand pose challenges for the industry, says credit ratings agency CRISIL. This uptick, spurred by a 3-4% increase in both volumes and realisations, is nearly… Continue reading Tyre industry to witness muted growth amid rising input costs: CRISIL
Hyundai clocks highest-ever CNG model penetration at 14.9% in October
Backed by an expansive portfolio and growing demand for CNG vehicles, Hyundai Motor India registered its highest penetration of gas-based models at 14.9%, in October 2024. The company introduced its “Hy-CNG Duo” model in Grand i10 Nios and Exter– which recorded incremental sales numbers due to the variants’ dual-cylinder system that offers better boot space… Continue reading Hyundai clocks highest-ever CNG model penetration at 14.9% in October