BYD India plans 90% market coverage, aims to dominate Rs 30-lakh EV category

Chinese EV maker BYD, which launched its third product – the BYD Seal EV sedan – in India on March 5, plans to enhance its market coverage from the existing 65 percent to over 90 percent in the coming years. The company aims to grow its footprint from the existing 24 outlets to realise 90 percent coverage,… Continue reading BYD India plans 90% market coverage, aims to dominate Rs 30-lakh EV category

BYD India plans 90% market coverage, aims to dominate Rs 30-lakh EV category

Chinese EV maker BYD, which launched its third product – the BYD Seal EV sedan – in India on March 5, plans to enhance its market coverage from the existing 65 percent to over 90 percent in the coming years. The company aims to grow its footprint from the existing 24 outlets to realise 90 percent coverage,… Continue reading BYD India plans 90% market coverage, aims to dominate Rs 30-lakh EV category

Top 10 electric carmakers globally used Continental tyres in 2023

In 2023, German tyre manufacturer Continental supplied tyres to all 10 of the world’s highest-volume manufacturers of fully electric vehicles for the first time. In the previous year, that figure stood at nine out of ten. In the Asia-Pacific region (APAC), the premium tyre manufacturer is supplying the top five highest-volume manufacturers of electric vehicles… Continue reading Top 10 electric carmakers globally used Continental tyres in 2023

Top 10 electric carmakers globally used Continental tyres in 2023

In 2023, German tyre manufacturer Continental supplied tyres to all 10 of the world’s highest-volume manufacturers of fully electric vehicles for the first time. In the previous year, that figure stood at nine out of ten. In the Asia-Pacific region (APAC), the premium tyre manufacturer is supplying the top five highest-volume manufacturers of electric vehicles… Continue reading Top 10 electric carmakers globally used Continental tyres in 2023

Forvia Hella wins new orders for digital Smart Car Access system

International automotive supplier Forvia Hella is further expanding its market position in the field of digital access systems with additional customer orders. Series production will start in Romania and Mexico in 2025. In this context, Forvia Hella will also bring the NCAP-relevant safety function ‘Child Presence Detection’ based on ultra-wideband technology onto the market for… Continue reading Forvia Hella wins new orders for digital Smart Car Access system

Daimler Truck sells 526,053 CVs worldwide in 2023, up 1%

Following strong demand in its key commercial vehicle markets, Daimler Truck has announced record level results in revenue, EBIT (earnings before interests and taxes), adjusted return on sales (ROS) and industrial free cash flow in 2023. With 526,053 units, 1% more trucks and buses were sold worldwide in 2023 compared to prior-year level (520,291 units),… Continue reading Daimler Truck sells 526,053 CVs worldwide in 2023, up 1%

Plastic Omnium expects to double sales from India to Euro 400 million in 5 years  

Capitalizing on the booming vehicle market in India, French auto component maker Plastic Omnium expects to double its turnover from the Indian market to 400 million euros over the next five years. The company is looking to establish India as a technical hub for research and development while exploring new offerings in the alternative fuel… Continue reading Plastic Omnium expects to double sales from India to Euro 400 million in 5 years  

Motovolt launches M7 at Rs 1.22 lakh

Motovolt Mobility has launched the Motovolt M7, India’s premier multi-utility e-scooter (MUSe) with German technology, at an introductory price of Rs 1.2 lakh. Built sustainably with a blend of efficient metals, the M7 features a modular design for convenient load carrying and a sturdy frame accommodating up to 180 Kg. Equipped with a 3kWh battery… Continue reading Motovolt launches M7 at Rs 1.22 lakh

Motovolt launches M7 at Rs 1.22 lakh

Motovolt Mobility has launched the Motovolt M7, India’s premier multi-utility e-scooter (MUSe) with German technology, at an introductory price of Rs 1.2 lakh. Built sustainably with a blend of efficient metals, the M7 features a modular design for convenient load carrying and a sturdy frame accommodating up to 180 Kg. Equipped with a 3kWh battery… Continue reading Motovolt launches M7 at Rs 1.22 lakh

Minister Hardeep S Puri inaugurates 201 CNG stations and India’s first small scale LNG Unit of GAIL

Hardeep Singh Puri, Minister of Petroleum and Natural Gas and Housing and Urban Affairs inaugurated 201 CNG Stations and India’s first Small Scale LNG Unit of GAIL in Delhi today. Speaking at the event, he reiterated the Government’s vision to increase the share of natural gas in the primary energy basket to 15% by 2030.… Continue reading Minister Hardeep S Puri inaugurates 201 CNG stations and India’s first small scale LNG Unit of GAIL