MG Motor India partnered with Startup Shikhar, as its mobility partner for a two-day event in Gurgaon that ended today. This collaboration reflects MG Motor India’s commitment to fostering innovation and entrepreneurship in the country’s mobility space, aligning with its MG Developer and Grant Program (MGDP). The event served as an opportunity for startups to… Continue reading MG Motor India Official Mobility Partner for G20 Startup20 Shikhar Event
Category: US Motoring Press
Magenta Mobility unveils EV charger with 12 outputs
Magenta Mobility, an electric mobility, and EV charging solution provider, has launched an EV charger called PLENT, which has 12 charging points of 3.3 kW each, catering to multiple EVs. With charging times ranging from 3 to 3.5 hours, minimal downtime, competitive pricing, and exceptional performance and quality, it efficiently caters to the needs of… Continue reading Magenta Mobility unveils EV charger with 12 outputs
Magenta Mobility unveils EV charger with 12 outputs
Magenta Mobility, an electric mobility, and EV charging solution provider, has launched an EV charger called PLENT, which has 12 charging points of 3.3 kW each, catering to multiple EVs. With charging times ranging from 3 to 3.5 hours, minimal downtime, competitive pricing, and exceptional performance and quality, it efficiently caters to the needs of… Continue reading Magenta Mobility unveils EV charger with 12 outputs
CBITA questions MHI’s motives for stopping FAME subsidies
In the seventh petition to the parliamentary standing committee regarding the FAME subsidy, the Centre for Business, Industry, and Trade Advocacy (CBITA) raised the question of whether the Ministry of Heavy Industries (MHI) stopped reimbursing subsidies to OEMs because of non-compliance or because it ran out of money. MHI could not immediately be contacted for comments,… Continue reading CBITA questions MHI’s motives for stopping FAME subsidies
CBITA questions MHI’s motives for stopping FAME subsidies
In the seventh petition to the parliamentary standing committee regarding the FAME subsidy, the Centre for Business, Industry, and Trade Advocacy (CBITA) raised the question of whether the Ministry of Heavy Industries (MHI) stopped reimbursing subsidies to OEMs because of non-compliance or because it ran out of money. MHI could not immediately be contacted for comments,… Continue reading CBITA questions MHI’s motives for stopping FAME subsidies
CBITA questions MHI’s motives for stopping FAME subsidies
In the seventh petition to the parliamentary standing committee regarding the FAME subsidy, the Centre for Business, Industry, and Trade Advocacy (CBITA) raised the question of whether the Ministry of Heavy Industries (MHI) stopped reimbursing subsidies to OEMs because of non-compliance or because it ran out of money. MHI could not immediately be contacted for comments,… Continue reading CBITA questions MHI’s motives for stopping FAME subsidies
Samvardhana Motherson to acquire 81% in Honda subsidiary Yachiyo, enter sunroof business
Samvardhana Motherson International, a wholly owned subsidiary of SAMIL, has entered into an agreement to acquire 81% stake in Honda Motor Co subsidiary Yachiyo’s four-wheeler business housed under Yachiyo Industry Co Ltd. Honda Motor currently owns a 50.4% stake in the listed Yachiyo, and the rest is owned by the public. As a part of… Continue reading Samvardhana Motherson to acquire 81% in Honda subsidiary Yachiyo, enter sunroof business
Tube Investments forays into e-SCV segment
TI Clean Mobility Pvt Ltd (TICMPL), a subsidiary of Tube Investments of India, has announced its entry into the largest electric small commercial vehicle (eSCV) segment in the country with its fourth EV platform, the company informed on Monday. TI Clean Mobility has a presence in electric three-wheelers, electric tractors and electric heavy commercial vehicles. As per… Continue reading Tube Investments forays into e-SCV segment
Tube Investments forays into e-SCV segment
TI Clean Mobility Pvt Ltd (TICMPL), a subsidiary of Tube Investments of India, has announced its entry into the largest electric small commercial vehicle (eSCV) segment in the country with its fourth EV platform, the company informed on Monday. TI Clean Mobility has a presence in electric three-wheelers, electric tractors and electric heavy commercial vehicles. As per… Continue reading Tube Investments forays into e-SCV segment
India’s road construction slows even as government looks to increase target to14,000 kilometres from 12,500 kilometres
The National Highway Authority of India (NHAI) has awarded three projects spanning 87 kilometres in June 2023, after a two-month pause. This is significantly lower than the 303 kilometres of projects awarded during the same period last year, an analysis by Nuvama Institutional Equities reveals. The slowdown in the economy, procurement delays, land acquisition issues… Continue reading India’s road construction slows even as government looks to increase target to14,000 kilometres from 12,500 kilometres