Tata Motors, headquartered in Mumbai, seeks to capitalise on the anticipated growth in the Indian CV market, driven by rising infrastructure spending and a revival in key sectors like construction, mining, and logistics. Tata Motors Ltd., India’s largest commercial vehicle (CV) maker, plans a major product push in the next fiscal year, aiming to launch… Continue reading Tata Motors to launch over 140 new CV products in FY25
Category: US Motoring Press
Hyundai Motor India kicks off assembly operations in Nepal with new 5,000-unit-capacity plant
Hyundai Motor India – the fully-owned entity of Korea’s Hyundai Motor Company – has commenced vehicle assembly operations in India’s neighbouring country Nepal, with a new 5,000-unit annual capacity plant set up in partnership with Nepal’s Laxmi Group. The Laxmi Group, which is a leading Nepalese conglomerate with diversified business interests, has been the leading… Continue reading Hyundai Motor India kicks off assembly operations in Nepal with new 5,000-unit-capacity plant
Tata Motors crosses USD 50 billion mark in annual turnover
In a landmark achievement for the Indian automotive industry, Tata Motors became the first domestic automaker to breach the USD 50 billion mark in annual turnover. With a 27 percent year-on-year growth, the company clocked Rs 4.38 lakh crore (around USD 52) in revenue from operations during 2023-24. This comes a few months after Tata Motors surpassed Maruti Suzuki… Continue reading Tata Motors crosses USD 50 billion mark in annual turnover
Tivolt to launch e-SCV under ‘Montra Electric’ brand in coming months
Tivolt electric vehicles, a part of Murugappa Group and a subsidiary of TI Clean Mobility, plans to launch their e-SCV in the coming months. The launch of the e-SCV will signify the group`s entry into the electric small commercial vehicle space, the company said in a statement on Monday. Vellayan Subbiah, TII Executive Vice Chairman,… Continue reading Tivolt to launch e-SCV under ‘Montra Electric’ brand in coming months
Tivolt to launch e-SCV under ‘Montra Electric’ brand in coming months
Tivolt electric vehicles, a part of Murugappa Group and a subsidiary of TI Clean Mobility, plans to launch their e-SCV in the coming months. The launch of the e-SCV will signify the group`s entry into the electric small commercial vehicle space, the company said in a statement on Monday. Vellayan Subbiah, TII Executive Vice Chairman,… Continue reading Tivolt to launch e-SCV under ‘Montra Electric’ brand in coming months
ESMT Berlin and BMW Group launch third year of Change Maker Fellowship
ESMT Berlin and the BMW Group have joined forces for the third consecutive year to offer BMW Group Change Maker Fellowships. These 10 full-tuition fellowships for the ESMT Global Online MBA are aimed at supporting ambitious young professionals with backgrounds in mathematics or technology to drive positive and meaningful change. The BMW Group Change Maker… Continue reading ESMT Berlin and BMW Group launch third year of Change Maker Fellowship
Lectrix EV joins forces with FuturElectra to deliver 2500 EVs
Lectrix EV has announced a strategic partnership with FuturElectra. In this partnership, Lectrix EV, known for its cutting-edge electric two-wheelers, will supply 2500 units of its vehicles to FuturElectra over the next year. These vehicles will play a crucial role in expanding the reach of electric mobility solutions and empowering individuals and businesses to make… Continue reading Lectrix EV joins forces with FuturElectra to deliver 2500 EVs
In Conversation with Speedloop Auto’s Aditya Puppala
Aditya Puppala, the Co-founder & CTO of Speedloop Auto, speaking with Autocar Professional at the sidelines of the InnerCircle Pune session, delves into various aspects of the four-year-old startup’s strategy and outlook, illustrating the company’s vision and strategic roadmap for sustainable growth. [embedded content] Go to Source
New Porsche 911 hybrid confirmed for 28 May reveal
The new Porsche 911 hybrid has finished testing ahead of its reveal on 28 May. Porsche has released the first official images of the debut electrified 911 as the global testing programme comes to an end, and confirmed that it has clocked a Nürburgring lap time of 7mins 16.934secs. That time, Porsche says, is 8.7… Continue reading New Porsche 911 hybrid confirmed for 28 May reveal
Car sharing clubs under threat as insurance costs soar
Community car sharing clubs that aim to offer a cheaper but equally convenient alternative to car ownership for people living in remote areas are under threat by huge increases in the cost of their insurance. There are around 40 such clubs in the UK, many serving rural villages with fleets of fewer than five cars… Continue reading Car sharing clubs under threat as insurance costs soar