Category: Automotive

TVS Emerald and HDFC Capital create a Rs.1000 crore platform for plotted development projects

The investment manager to the fund HDFC capital and Emerald will deploy capital across Chennai and Bangalore markets. Emerald Haven Realty Ltd (“TVS Emerald”) has signed a term sheet with HDFC Capital Affordable Real Estate Fund – 3 to create a Rs.1000 crore platform for plotted development in the Southern market. The investment manager to… Continue reading TVS Emerald and HDFC Capital create a Rs.1000 crore platform for plotted development projects

Russian oil influx boost storage fees at Fujairah to record highs

GP Global’s terminal at Fujairah was recently sold for about USD 124 million. Large inflows of Russian crude oil and refined products have boosted tank storage demand at the United Arab Emirates’ Fujairah, pushing storage fees at the transit and blending hub to all-time highs in the first quarter, industry sources said. The European Union… Continue reading Russian oil influx boost storage fees at Fujairah to record highs

Outstation bus market growing at CAGR of more than 13% over FY20-25: Report

The outstation bus market is growing at a compounded annual growth rate of 10-13 percent over FY20-25, as per a report by IntrCiy Smart Bus and 1Lattice. The report stated that the Indian outstation market is valued at roughly US$ 66 billion in FY20, of which the outstation bus market has a roughly 46 percent share.  Full stack tech aggregators… Continue reading Outstation bus market growing at CAGR of more than 13% over FY20-25: Report

Mahindra Thar clocks 100,000 units production milestone

Mahindra & Mahindra has announced that the All-New Thar, its iconic off-roader SUV, has reached a production milestone of 100,000 units. The milestone was achieved in less than 2.5 years, highlighting the popularity and success of this SUV in India. Veejay Nakra, President – Automotive Division, M&M said, “We are incredibly proud to reach this… Continue reading Mahindra Thar clocks 100,000 units production milestone

Kia EV9 SUV to come with a range of 541km and Level 3 ADAS tech

Kia has now announced specifications, range and other details of the EV9, just after revealing the exterior details of the full-size born-EV SUV. The EV9 was showcased in India earlier this year at Auto Expo 2023 as a concept. Apart from revealing the specifications and range, Kia has also taken the wraps off the EV9 GT-Line variant that… Continue reading Kia EV9 SUV to come with a range of 541km and Level 3 ADAS tech

Kia EV9 SUV to come with a range of 541km and Level 3 ADAS tech

Kia has now announced specifications, range and other details of the EV9, just after revealing the exterior details of the full-size born-EV SUV. The EV9 was showcased in India earlier this year at Auto Expo 2023 as a concept. Apart from revealing the specifications and range, Kia has also taken the wraps off the EV9 GT-Line variant that… Continue reading Kia EV9 SUV to come with a range of 541km and Level 3 ADAS tech

HMSI to commision 600,000-unit dedicated-EV assembly line at Karnataka plant in March 2024

HMSI to commision 600,000-unit dedicated-EV assembly line at Karnataka plant in March 2024 Honda Motorcycle and Scooter India (HMSI) has revealed that the company is building a dedicated-EV facility at its Narasapura plant in Karnataka. Christened the ‘Factory E’ – the assembly line will be equipped with state-of-the-art machinery and boast high levels of automation… Continue reading HMSI to commision 600,000-unit dedicated-EV assembly line at Karnataka plant in March 2024

HMSI to commision 600,000-unit dedicated-EV assembly line at Karnataka plant in March 2024

HMSI to commision 600,000-unit dedicated-EV assembly line at Karnataka plant in March 2024 Honda Motorcycle and Scooter India (HMSI) has revealed that the company is building a dedicated-EV facility at its Narasapura plant in Karnataka. Christened the ‘Factory E’ – the assembly line will be equipped with state-of-the-art machinery and boast high levels of automation… Continue reading HMSI to commision 600,000-unit dedicated-EV assembly line at Karnataka plant in March 2024

@Ford: Jim Baumbick to Discuss Acceleration of Delivering Ford+ Plan at Bank of America’s 2023 Automotive Summit

About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Jim Baumbick to Discuss Acceleration of Delivering Ford+ Plan at Bank of America’s 2023 Automotive Summit