RSB Group, a leading automotive component manufacturer in India, marks its 50th anniversary, reflecting on a history of growth, resilience, and innovation. Founded by brothers R.K. Behera and S.K. Behera in 1974 with an initial investment of Rs 2 lakh, including a Rs 20,000 state subsidy for technocrats, the company has expanded to become a… Continue reading RSB Group celebrates 50 years of growth, eyes significant expansion in the next few years
Category: US Motoring Press
ORIX Auto infrastructure services rebrands as ORIX Corporation India Ltd.
ORIX Auto Infrastructure Services Ltd., a provider of mobility and financial services solutions, has officially been renamed ORIX Corporation India Ltd. The updated name reflects the company’s strategic evolution and continued focus on the mobility and financial services sectors in India. With its global experience and diverse range of services, ORIX Corporation India Ltd.… Continue reading ORIX Auto infrastructure services rebrands as ORIX Corporation India Ltd.
Nissan begins exports of the new Magnite to South Africa
Nissan Motor India has started exporting its recently launched New Nissan Magnite to South Africa as part of its ‘One Car, One World’ initiative. This follows the vehicle’s launch in October 2024, with the first shipment being dispatched from Nissan’s Alliance JV plant in Chennai. Within a month, over 2,700 units have been exported to… Continue reading Nissan begins exports of the new Magnite to South Africa
Greaves Cotton’s EV financing arm targets half a million financed EVs over next five years
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
Greaves Cotton’s EV financing arm targets half a million financed EVs over next five years
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
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