Greaves Electric Mobility (GEMPL) has crossed 200,000 secondary sales of its Ampere brand electric vehicles as of the first quarter of fiscal year 2024, according to a release shared by the company. Ampere offers a product line that caters to both personal mobility and last-mile e-commerce consumers. In April 2023 the company announced that it had surpassed the… Continue reading Greaves Electric Mobility sells 2 lakh Ampere electric two wheelers
Category: US Motoring Press
Greaves Electric Mobility sells 2 lakh Ampere electric two wheelers
Greaves Electric Mobility (GEMPL) has crossed 200,000 secondary sales of its Ampere brand electric vehicles as of the first quarter of fiscal year 2024, according to a release shared by the company. Ampere offers a product line that caters to both personal mobility and last-mile e-commerce consumers. In April 2023 the company announced that it had surpassed the… Continue reading Greaves Electric Mobility sells 2 lakh Ampere electric two wheelers
Foxconn to apply for India chipmaking incentives after US$ 19.5 billion JV pullout: Report
Just one day after withdrawing from a US$ 19.5 billion joint venture with mining company Vedanta, Taiwanese giant Foxconn has said that it plans to apply for incentives that India is offering under its semiconductor manufacturing policy. “Foxconn is committed to India and sees the country successfully establishing a robust semiconductor manufacturing ecosystem. Foxconn is… Continue reading Foxconn to apply for India chipmaking incentives after US$ 19.5 billion JV pullout: Report
Royal Enfield to launch Bullet 350 in the coming months
The all-new incoming Bullet is internally codenamed as the J1B, and along with the upcoming Classic 350 Bobber, it is part of the revamp of Royal Enfield’s core platform with 350cc engines. Much like the new-age Classic 350, the new Bullet is set to get a new heart and a body. Yet, it is going… Continue reading Royal Enfield to launch Bullet 350 in the coming months
Balkrishna Industries sees Off Highway Tyres’ sales mix reaching 50% in 4 years, aims to double global presence
Driven by the growth in mining, construction, and industrial OEMs across the globe and market share gains in geographies like India and the USA, Balkrishna Industries (BIL) expects its off-highway tyres’ (OHT) sales mix to jump from one-third of total revenues currently to 50 percent in the next 3-4 years. The multinational tyre company, which… Continue reading Balkrishna Industries sees Off Highway Tyres’ sales mix reaching 50% in 4 years, aims to double global presence
Balkrishna Industries sees Off Highway Tyres’ sales mix reaching 50% in 4 years, aims to double global presence
Driven by the growth in mining, construction, and industrial OEMs across the globe and market share gains in geographies like India and the USA, Balkrishna Industries (BIL) expects its off-highway tyres’ (OHT) sales mix to jump from one-third of total revenues currently to 50 percent in the next 3-4 years. The multinational tyre company, which… Continue reading Balkrishna Industries sees Off Highway Tyres’ sales mix reaching 50% in 4 years, aims to double global presence
Ola Electric maintains leader position despite market downturn
The electric two-wheeler market sold 45,734 e-scooters and e-bikes in June 2023, signifying an 56.6 percent drop from the industry’s best-ever performance in May 2023 (105,338 units). However, when compared to last year’s figures from June 2022 (44,381 units), it was a small 3 percent increase. The reason for the MoM crash is the slashing… Continue reading Ola Electric maintains leader position despite market downturn
Ola Electric maintains leader position despite market downturn
The electric two-wheeler market sold 45,734 e-scooters and e-bikes in June 2023, signifying an 56.6 percent drop from the industry’s best-ever performance in May 2023 (105,338 units). However, when compared to last year’s figures from June 2022 (44,381 units), it was a small 3 percent increase. The reason for the MoM crash is the slashing… Continue reading Ola Electric maintains leader position despite market downturn
Ola Electric maintains leader position despite market downturn
The electric two-wheeler market sold 45,734 e-scooters and e-bikes in June 2023, signifying an 56.6 percent drop from the industry’s best-ever performance in May 2023 (105,338 units). However, when compared to last year’s figures from June 2022 (44,381 units), it was a small 3 percent increase. The reason for the MoM crash is the slashing… Continue reading Ola Electric maintains leader position despite market downturn
Record first half for Mercedes Benz India in 2023, sales grow 13%
Mercedes Benz India has posted its best-ever half-yearly sales at 8528 units from January to June of 2023, posting a growth of 13% over last year on the back of sustained demand for its vehicles. Carrying on the strong momentum of the January to March quarter in 2023, the order book flow continued in Q2,… Continue reading Record first half for Mercedes Benz India in 2023, sales grow 13%