The Automotive Research Association of India (ARAI) has received thirteen technical bids for pilot projects for the use of green hydrogen in the transport sector. ARAI, the implementing agency for these projects, is currently conducting a technical evaluation of the proposals, Autocar Professional has exclusively learned. An allocation of Rs 496 crore has been made… Continue reading ARAI receives 13 bids for green hydrogen pilot projects
Category: US Motoring Press
Capex for EV components to exceed Rs 25,000 crore in the next 3-4 years: ICRA
The capital expenditure for electric vehicle components in India is expected to exceed Rs 25,000 crore over the next three to four years, rating agency ICRA claimed on Tuesday. While the e-2W component market is projected to cross over Rs 1,00,000 crore by 2030, the e-PV component is projected to reach another Rs 50,000 crore… Continue reading Capex for EV components to exceed Rs 25,000 crore in the next 3-4 years: ICRA
Honda Amaze receives two stars Global NCAP crash test rating
Global NCAP has crash tested the Honda Amaze sedan under its new protocol, and awarded it a 2-star adult occupant and a 0-star child occupant protection rating. The Honda Amaze is among the last few cars to be tested under Global NCAP’s Safer Cars for India campaign as India moves to its own Bharat NCAP… Continue reading Honda Amaze receives two stars Global NCAP crash test rating
Emmforce AutoTech IPO opens, order book subscribed fully
Panchkula, Haryana-based aftermarket drivetrain component manufacturer, Emmforce AutoTech, has successfully completed its anchor book subscription, raising Rs 15.34 crore from the sale of 15.66 lakh equity shares at Rs 98 each. Emmforce’s IPO begins today, April 23, and will conclude on April 25, 2024. The company is looking to raise approximately Rs. 53.9 crore from… Continue reading Emmforce AutoTech IPO opens, order book subscribed fully
Mahindra Bolero Neo scores one star in GNCAP rating
The Mahindra Bolero Neo compact SUV was one of three vehicles to be tested by GNCAP in the latest round testing under its #safercarsforindia programme. The SUV, equipped with two airbags as standard, received low ratings on multiple parameters, resulting in a single-star rating each, for adult and child protection. Mahindra Bolero Neo: GNCAP crash… Continue reading Mahindra Bolero Neo scores one star in GNCAP rating
Finayo appoints Yogendra Sharma as Director of Product and Strategy
Finayo, a technology solutions provider for EVs, has appointed Yogendra Sharma as Director of Product and Strategy. Sharma’s industry experience spans over 25 years, with competency in diverse roles ranging from Product Development and is also responsible for managing a senior product manager and product marketing manager. Brajendra Singh, Founder and CEO of Finayo said, “Sharma’s commendable… Continue reading Finayo appoints Yogendra Sharma as Director of Product and Strategy
ZEV mandate: what it is and how it will impact UK drivers
“One of the most remarkable interventions in any industry ever” is how Mike Hawes, chief of the Society of Motor Manufacturers and Traders, described the zero-emission vehicle (ZEV) mandate that the UK government introduced into the country’s new car market at the start of this year. However dry and dull the ZEV mandate might sound, it’s… Continue reading ZEV mandate: what it is and how it will impact UK drivers
Hero MotoCorp’s CTO Arun Jaura steps down, Vikram Kasbekar to lead R&D
Hero MotoCorp said in an exchange notification that Dr. Arun Jaura has stepped down from the position of Chief Technology Officer after roughly two and a half years with the company, to pursue personal endeavours. Vikram Kasbekar, in addition to his existing role as Head of Global Product Planning, will assume the responsibility of leading the… Continue reading Hero MotoCorp’s CTO Arun Jaura steps down, Vikram Kasbekar to lead R&D
Royal Enfield targets 1 million unit sales in FY25, to invest over Rs 1200 crore
Led by the most aggressive product onslaught in its history of over 6-9 new models in FY25, Royal Enfield, the world’s largest mid-size motorcycle maker has set a target to cross 1 million units sales for the first time ever this year. Autocar Professional learns that the company has lined up an investment of Rs… Continue reading Royal Enfield targets 1 million unit sales in FY25, to invest over Rs 1200 crore
Royal Enfield targets 1 million unit sales in FY25, to invest over Rs 1200 crore
Led by the most aggressive product onslaught in its history of over 6-9 new models in FY25, Royal Enfield, the world’s largest mid-size motorcycle maker has set a target to cross 1 million units sales for the first time ever this year. Autocar Professional learns that the company has lined up an investment of Rs… Continue reading Royal Enfield targets 1 million unit sales in FY25, to invest over Rs 1200 crore