Gurgaon-based electric-bus manufacturing start-up PMI Electro Mobility Solutions, which operates from its up to 3,000-unit-annual-capacity plant in Dharuhera, Haryana, is planning to commission its second facility, currently being setup in Pune. The company is aiming to double its production capacity to nearly 6,000 units per annum with the greenfield expansion, which is slated for CY2025.… Continue reading PMI Electro Mobility aims to commission new plant in Pune in 2025
Category: US Motoring Press
Electric vehicle charging startup Nikol EV secures undisclosed funding from EvolveX
EvolveX, an early-stage program founded by We Founder Circle, that has been providing high-impact acceleration to early-revenue startups, has invested in NIKOL EV, focused on electric vehicle charging stations in India. The Pre-Seed funding round saw participation from investors including Vikas Aggarwal, Neeraj Tyagi, and Bhawna Bhatnagar. With this funding, NIKOL EV plans to strengthen its team … Continue reading Electric vehicle charging startup Nikol EV secures undisclosed funding from EvolveX
Electric vehicle charging startup Nikol EV secures undisclosed funding from EvolveX
EvolveX, an early-stage program founded by We Founder Circle, that has been providing high-impact acceleration to early-revenue startups, has invested in NIKOL EV, focused on electric vehicle charging stations in India. The Pre-Seed funding round saw participation from investors including Vikas Aggarwal, Neeraj Tyagi, and Bhawna Bhatnagar. With this funding, NIKOL EV plans to strengthen its team … Continue reading Electric vehicle charging startup Nikol EV secures undisclosed funding from EvolveX
Continental opens training centre in Gifhorn, Germany
Continental has opened its own training center for employees in Gifhorn. It is the 13th training location the company has set up across Germany since launching its CITT training institute (Continental Institute for Technology and Transformation) in 2019. The opening ceremony on September 25, 2023, was attended, among others, by labour minister Hubertus Heil and… Continue reading Continental opens training centre in Gifhorn, Germany
Suzuki Motorcycle expands its dealership network to Solan, Himachal Pradesh
Suzuki Motorcycle India (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation (SMC), has expanded its dealership network to Solan, Himachal Pradesh, inaugurating its Premium Dealership in the state. The brand-new dealership also showcases the latest models and accessories from Suzuki’s domestic product portfolio. Commenting on the inauguration, Kenichi Umeda, Managing Director, Suzuki Motorcycle India said, “As… Continue reading Suzuki Motorcycle expands its dealership network to Solan, Himachal Pradesh
Suzuki Motorcycle expands its dealership network to Solan, Himachal Pradesh
Suzuki Motorcycle India (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation (SMC), has expanded its dealership network to Solan, Himachal Pradesh, inaugurating its Premium Dealership in the state. The brand-new dealership also showcases the latest models and accessories from Suzuki’s domestic product portfolio. Commenting on the inauguration, Kenichi Umeda, Managing Director, Suzuki Motorcycle India said, “As… Continue reading Suzuki Motorcycle expands its dealership network to Solan, Himachal Pradesh
Polestar joins ChemSec Group to change the way the car industry tackles chemicals
Swedish electric car company Polestar is the newest member in the Business Group of environmental NGO ChemSec. As the only automotive company in the group, Polestar now joins the likes of Apple, Adidas and other big brands. The ChemSec Business Group is a collaboration among companies working together to inspire concrete progress on toxic use reduction. It… Continue reading Polestar joins ChemSec Group to change the way the car industry tackles chemicals
BYD India launches electric passenger vehicles dealership in Goa
BYD India, a subsidiary of the New Energy Vehicles (NEV) manufacturer BYD, today inaugurated a passenger vehicle showroom in Taleigao, Panaji, Goa, marking the firm’s first dealership in the state. The showroom is run and managed by BYD Bavaria. Vishal Agarwal, Dealer Principal, BYD Bavaria, Sanjay Gopalakrishnan, Senior Vice President of Electric Passenger VehicleBusiness at… Continue reading BYD India launches electric passenger vehicles dealership in Goa
Epsilon Carbon becomes the first Indian company to export liquid Coal Tar Pitch
Epsilon Carbon a manufacturer of specialty carbon products, has become the first Indian company to export liquid coal tar pitch with an export of 8,000 tonnes from Mangalore port. The company partnered with Anagha Refineries, a state-of the art oil refinery, adhering to global standards for safety, quality, distribution, and operational excellence to build 10,000… Continue reading Epsilon Carbon becomes the first Indian company to export liquid Coal Tar Pitch
Raptee raises US$ 3 million in Pre-Series A round led by Bluehill Capital
EV motorcycle startup Raptee has secured US $ 3 million in a pre-Series A round, led by Bluehill Capital. The funds will be used for the manufacturing facility, acquiring machinery, tooling for the soon to be launched motorcycle, and scaling up the team, the press release noted. The all-equity funding round saw participation from Eugene Mayne,… Continue reading Raptee raises US$ 3 million in Pre-Series A round led by Bluehill Capital