Net income for 2022 jumped to 4.25 billion euros up from 2.5 billion euros in 2021. Spain’s Repsol said on Thursday its fourth-quarter adjusted net profit more than doubled, helped by high oil and gas prices, and flagged a big increase in capital spending for this year. Its fourth-quarter profit surged to 2.01 billion euros… Continue reading Repsol’s profit beats forecasts, flags big spending increase
Category: Automotive
India’s fuel demand sees sharpest rebound in February
Petrol sales jumped almost 18 percent to 1.22 million tonnes in the first half of February, as compared to 1.04 million tonnes of consumption in the same period of last year. New Delhi: India’s fuel demand witnessed the sharpest rebound in February as petrol and diesel consumption rose by double digits after a winter lull… Continue reading India’s fuel demand sees sharpest rebound in February
DriveU partners with SMC Insurance to provide car insurance for its customers
Through this partnership, all the new and existing customers of DriveU will be able to buy or renew their car insurance easily. New Delhi: DriveU, leading car driver service and a super-app for car owners, announced on Thursday its partnership with SMC Insurance Brokers Pvt. Ltd to provide car insurance for over 650,000 DriveU customers.… Continue reading DriveU partners with SMC Insurance to provide car insurance for its customers
Visteon sales up 35% in 2022, $6 billion in new business and 45 new products launched
Visteon sales up 35% in 2022, $6 billion in new business and 45 new products launched Visteon Corporation today reported its fourth quarter and full-year 2022 financial results that exceed its previous outlook. For the year ending December 31, 2022, the technology company reported net sales of $3,756 million, representing year-on-year growth of 35 percent.… Continue reading Visteon sales up 35% in 2022, $6 billion in new business and 45 new products launched
Ather Energy plans to have a network of 3500 fast chargers by 2023
To ensure minimal range anxiety for its buyers, Ather Energy, the country’s premium electric scooter maker has finished installing over 1000 fast charging stations across 80 cities, which it plans to grow over 3.5 times to 2500 stations by the end of 2023. The company claims, it has become India’s largest fast-charging network for two-wheelers… Continue reading Ather Energy plans to have a network of 3500 fast chargers by 2023
Ather Energy plans to have a network of 3500 fast chargers by 2023
To ensure minimal range anxiety for its buyers, Ather Energy, the country’s premium electric scooter maker has finished installing over 1000 fast charging stations across 80 cities, which it plans to grow over 3.5 times to 2500 stations by the end of 2023. The company claims, it has become India’s largest fast-charging network for two-wheelers… Continue reading Ather Energy plans to have a network of 3500 fast chargers by 2023
Renault India garners 37% of its sales from hinterlands, sees rural share growing 5 times in 4 years
Renault India garners 37% of its sales from hinterlands, sees rural share growing 5 times in 4 years In a bid to participate in the growing hinterland, Renault India’s ‘Project Vistaar’ – has helped the company expand its rural contribution five times in the last four years. From a contribution of 9% of its total… Continue reading Renault India garners 37% of its sales from hinterlands, sees rural share growing 5 times in 4 years
Fyn Mobility rolls out 15-minute full charge EV fleet powered by Exponent Energy
Fyn Mobility rolls out 15-minute full charge EV fleet powered by Exponent Energy Fyn Mobility, last mile e-mobility player has partnered with Exponent Energy- Altigreen to leverage Fyn’s IOT-enabled smart EV fleets to operate a fleet of 1500 vehicles that can be offered full charge within 15-minutes. With this partnership, Fyn plans to roll out EVs… Continue reading Fyn Mobility rolls out 15-minute full charge EV fleet powered by Exponent Energy
Fyn Mobility rolls out 15-minute full charge EV fleet powered by Exponent Energy
Fyn Mobility rolls out 15-minute full charge EV fleet powered by Exponent Energy Fyn Mobility, last mile e-mobility player has partnered with Exponent Energy- Altigreen to leverage Fyn’s IOT-enabled smart EV fleets to operate a fleet of 1500 vehicles that can be offered full charge within 15-minutes. With this partnership, Fyn plans to roll out EVs… Continue reading Fyn Mobility rolls out 15-minute full charge EV fleet powered by Exponent Energy
Tube Investments plans to launch EV 3V and EV trucks in March-April
Tube Investments of India Limited (TII), part of Murugappa Group, said that it will launch its first 3-wheeler in March and will start ramping up from April this year. Its upcoming EV-trucks are also expected to follow the same timelines, said the company’s senior official. During recent post-earnings calls, Vellayan Subbiah, executive vice chairman, TII… Continue reading Tube Investments plans to launch EV 3V and EV trucks in March-April