Malo Le Masson resigns after six years at Hero MotoCorp, CFO Niranjan Gupta to head Strategy and M&A Hero MotoCorp has announced a reorganisation in its leadership team and roles. Niranjan Gupta, currently Chief Financial Officer (CFO), has been given the additional charge of heading Strategy and M&A for the company. This follows the resignation… Continue reading Malo Le Masson resigns after six years at Hero MotoCorp, CFO Niranjan Gupta to head Strategy and M&A
Category: Automotive
Surprice Opens in Torino Airport
Surprice adds a new location in the country, with over a dozen cities already in operation. Photo: Surprice Surprice Car Rentals continues its expansion in Italy with the opening of its latest location in Torino airport, the operator announced on Dec. 9. The rental company said its aim is to offer high-level services in one… Continue reading Surprice Opens in Torino Airport
Fleet Forward Kicks Off 2023 Tour in Phoenix
Expanding to five stops in 2023, Fleet Forward the Tour will commence with a new stop in Phoenix on Feb. 23. Photo: Bobit Coming off a successful 2022 Fleet Forward Conference in Silicon Valley, Fleet Forward is going back on tour for 2023. Free for qualified fleet managers, Fleet Forward: The Tour consists of one-day,… Continue reading Fleet Forward Kicks Off 2023 Tour in Phoenix
Stellantis to Idle its Illinois Assembly Plant Indefinitely, Citing the High Costs of Electric Vehicles – FutureCar
author: FutureCar Staff The Belvidere assembly plant in Illinois began producing Chrysler vehicles in 1965. Automaker Stellantis, which is the parent company of the Chrysler Jeep, Dodge and Ram, announced on Friday it will indefinitely halt production at its assembly plant in Belvidere, Illinois on February 28, 2023. The automaker has no formal plans… Continue reading Stellantis to Idle its Illinois Assembly Plant Indefinitely, Citing the High Costs of Electric Vehicles – FutureCar
Mumbai international airport opens EV charging stations in Terminal 1 and 2
EV users will be given a deduction against the parking fees, CSMIA said in media release . New Delhi : Mumbai’s Chhatrapati Shivaji Maharaj International Airport (CSMIA) has installed six DC fast EV charging stations at Terminal 1and 2. From December 9, 2022, the fast charging stations are available for service and open as Public… Continue reading Mumbai international airport opens EV charging stations in Terminal 1 and 2
Sops for India-made EVs, storage systems on the table
India’s electric mobility ambitions could get a boost in the upcoming budget, with the government examining incentives to encourage local manufacture of electric vehicles (EVs) and energy storage systems (ESS). Customs duty exemptions available on lithium ion cells for making mobile phone battery packs could be extended to EV batteries and ESS as well. Additionally,… Continue reading Sops for India-made EVs, storage systems on the table
Taking steps to reduce dependency on Chinese goods: Piyush Goyal
The government Friday said it has taken a series of measures to reduce dependency on Chinese goods and increase the manufacturing capacity of domestic industries and their competitiveness. Replying to supplementaries on India-China trade relationship in the Rajya Sabha, commerce and industry minister Piyush Goyal said India’s trade deficit, which was $1 billion with China… Continue reading Taking steps to reduce dependency on Chinese goods: Piyush Goyal
CGTN: Infrastructure, vaccines and space: China-Arab sci-tech cooperation
BEIJING, Dec. 10, 2022 /PRNewswire/ — Under the Belt and Road Initiative (BRI), China-Arab cooperation in the fields of infrastructure, space and health has been continuously developed in a sustainable manner. China has vowed to accelerate the development of the China-Arab inter-governmental science and technology innovation cooperation mechanism. Continue Reading CGTN_Covid_Vaccine The country will implement… Continue reading CGTN: Infrastructure, vaccines and space: China-Arab sci-tech cooperation
Electric two-wheeler sales charge past 435,000 units in April-November, headed for 700,000 in FY2023
Electric two-wheeler sales charge past 435,000 units in April-November, headed for 700,000 in FY2023 What was a trickle barely three years ago has now turned into a flowing stream of sales. We’re talking about electric two-wheelers, the other low-hanging fruit of the electric vehicle (EV) industry in India, along with its electric three-wheeled siblings. Clearly,… Continue reading Electric two-wheeler sales charge past 435,000 units in April-November, headed for 700,000 in FY2023
Electric two-wheeler sales charge past 435,000 units in April-November, headed for 700,000 in FY2023
Electric two-wheeler sales charge past 435,000 units in April-November, headed for 700,000 in FY2023 What was a trickle barely three years ago has now turned into a flowing stream of sales. We’re talking about electric two-wheelers, the other low-hanging fruit of the electric vehicle (EV) industry in India, along with its electric three-wheeled siblings. Clearly,… Continue reading Electric two-wheeler sales charge past 435,000 units in April-November, headed for 700,000 in FY2023