Lamborghini sells out combustion engine models: Report

Lamborghini’s combustion engine models are sold out till the end of production, it’s chief executive told WELT newspaper, as the auto firm moves towards a pure hybrid lineup. Order books for Hurucan and Urus are full, as the combustion engine vehicle production comes to an end, chief Stephan Winkelmann said. Lamborghini announced last July it… Continue reading Lamborghini sells out combustion engine models: Report

EKA Mobility bags order of 57 e-buses from Mira-Bhayandar Municipal Corporation

EKA Mobility, a subsidiary of Pinnacle Industries, has announced the acquisition of a significant order of 57 electric buses from the Mira-Bhayandar Municipal Corporation (MBMC). The electric buses will benefit approximately 1,33,15,200 passengers every year. With this order, EKA’s order book has grown significantly, with more than 500 electric buses and 5,000 electric light commercial… Continue reading EKA Mobility bags order of 57 e-buses from Mira-Bhayandar Municipal Corporation

EKA Mobility bags order of 57 e-buses from Mira-Bhayandar Municipal Corporation

EKA Mobility, a subsidiary of Pinnacle Industries, has announced the acquisition of a significant order of 57 electric buses from the Mira-Bhayandar Municipal Corporation (MBMC). The electric buses will benefit approximately 1,33,15,200 passengers every year. With this order, EKA’s order book has grown significantly, with more than 500 electric buses and 5,000 electric light commercial… Continue reading EKA Mobility bags order of 57 e-buses from Mira-Bhayandar Municipal Corporation

Tata Tiago hits 5 lakh unit sales milestone

Tata Motors, India’s leading automobile manufacturer, announced that the Tiago has achieved a significant milestone of 500,000 sales mark. The celebration commenced with a symbolic roll-out at the Sanand facility in Gujarat, which is the home ground for the Tiago.   The last 1 lakh units sold have come within a span of 15 months. Vinay Pant, Head-Marketing,… Continue reading Tata Tiago hits 5 lakh unit sales milestone

Tata Tiago hits 5 lakh unit sales milestone

Tata Motors, India’s leading automobile manufacturer, announced that the Tiago has achieved a significant milestone of 500,000 sales mark. The celebration commenced with a symbolic roll-out at the Sanand facility in Gujarat, which is the home ground for the Tiago.   The last 1 lakh units sold have come within a span of 15 months. Vinay Pant, Head-Marketing,… Continue reading Tata Tiago hits 5 lakh unit sales milestone

Maruti Suzuki begins export of Fronx

Maruti Suzuki, India’s passenger vehicle market leader has initiated exports of its newly launched sporty compact SUV, Fronx. The first batch of 556 vehicles was shipped from Mundra, Mumbai and Pipavav Ports to destinations in Latin America, Middle East and Africa. Hisashi Takeuchi, Managing Director and CEO, Maruti Suzuki India , said, “The newly launched Fronx… Continue reading Maruti Suzuki begins export of Fronx

SMEV ropes in Sanjay Kaul to lead advocacy for the sector, suspends present constitution temporarily

The SMEV will suspend all operational actions until such time a new structure is fashioned under the guidance of Kaul. Kaul has interests in the EV sector has actively been promoting international investments in the sector in India. The move comes in the wake of the crisis in the EV sector since the last year… Continue reading SMEV ropes in Sanjay Kaul to lead advocacy for the sector, suspends present constitution temporarily

India Auto Inc retails up 10% in June, first-half sales 53% of CY2023

Apex automobile retail body FADA (Federation of Automobile Dealers Associations of India) today released its sales numbers for June 2023, reflecting the real-world market scenario. While the 18,63,868 units sold across five vehicle segments – two- and three-wheelers, passenger vehicles, commercial vehicles and tractors – constitute 9.57% year-on-year growth (June 2022: 17,01,105 units), month-on-month retails… Continue reading India Auto Inc retails up 10% in June, first-half sales 53% of CY2023

Battery Smart secures US$ 33 million in Pre-Series B funding

The company’s existing investors, Tiger Global and Blume Ventures, as well as new investors, The Ecosystem Integrity Fund (EIF) and British International Investmen took part in the Pre-Series B funding round (BII). Battery Smart, a network for swapping batteries, said on Thursday that it had raised US$ 33 million (around Rs 272 crore) in a… Continue reading Battery Smart secures US$ 33 million in Pre-Series B funding

Battery Smart secures US$ 33 million in Pre-Series B funding

The company’s existing investors, Tiger Global and Blume Ventures, as well as new investors, The Ecosystem Integrity Fund (EIF) and British International Investmen took part in the Pre-Series B funding round (BII). Battery Smart, a network for swapping batteries, said on Thursday that it had raised US$ 33 million (around Rs 272 crore) in a… Continue reading Battery Smart secures US$ 33 million in Pre-Series B funding