Escorts Kubota said on Wednesday that the company has approved the proposal to set up a wholly owned company as an NBFC with an authorised capital of Rs 700 crore, to finance the Company’s Products/ Customers, as per a regulatory filing. The Board has approved the infusion of capital up to Rs 200 crore as and when… Continue reading Escorts Kubota to establish wholly owned company as NBFC with Rs 700 crore authorised capital
Category: US Motoring Press
Pre-festive road trips give momentum to self-driven car businesses: Simpl Checkout Records a 2x Surge in Consumer Bookings
As the pre-festive season beckons with a series of extended weekends, there’s a notable uptick in travellers opting for road trips, particularly with platforms like Zoomcar, DriveU, and QuickRide. Insights from Simpl’s checkout network reveal a remarkable 2x surge in bookings made through its checkout system in August compared to the same period in 2022.… Continue reading Pre-festive road trips give momentum to self-driven car businesses: Simpl Checkout Records a 2x Surge in Consumer Bookings
Pre-festive road trips give momentum to self-driven car businesses: Simpl Checkout Records a 2x Surge in Consumer Bookings
As the pre-festive season beckons with a series of extended weekends, there’s a notable uptick in travellers opting for road trips, particularly with platforms like Zoomcar, DriveU, and QuickRide. Insights from Simpl’s checkout network reveal a remarkable 2x surge in bookings made through its checkout system in August compared to the same period in 2022.… Continue reading Pre-festive road trips give momentum to self-driven car businesses: Simpl Checkout Records a 2x Surge in Consumer Bookings
Murugappa Group’s Montra Electric joins forces with Exponent Energy for 15-minute charging e-three-wheelers
Montra Electric, the EV brand of the Chennai-based Murugappa Group’s TI Clean Mobility, and Exponent Energy, an energy-tech startup, have announced a partnership to develop rapid charging electric vehicles in the three-wheeler segment in India. Montra Electric will launch a rapid charging three-wheeler variant which will be equipped with Exponent’s 8.8 kWh e^pack and will… Continue reading Murugappa Group’s Montra Electric joins forces with Exponent Energy for 15-minute charging e-three-wheelers
Murugappa Group’s Montra Electric joins forces with Exponent Energy for 15-minute charging e-three-wheelers
Montra Electric, the EV brand of the Chennai-based Murugappa Group’s TI Clean Mobility, and Exponent Energy, an energy-tech startup, have announced a partnership to develop rapid charging electric vehicles in the three-wheeler segment in India. Montra Electric will launch a rapid charging three-wheeler variant which will be equipped with Exponent’s 8.8 kWh e^pack and will… Continue reading Murugappa Group’s Montra Electric joins forces with Exponent Energy for 15-minute charging e-three-wheelers
TVS announces India’s first-ever electric two-wheeler racing championship
TVS Motor Company, in synergistic association with TVS Racing, has today announced the launch of India’s first-ever electric two-wheeler racing championship. This pioneering initiative is a significant step forward in motorsports and reaffirms the Chennai-based two-wheeler major’s commitment to sustainable mobility solutions as it becomes the first Indian manufacturer to foray into the world of… Continue reading TVS announces India’s first-ever electric two-wheeler racing championship
TVS announces India’s first-ever electric two-wheeler racing championship
TVS Motor Company, in synergistic association with TVS Racing, has today announced the launch of India’s first-ever electric two-wheeler racing championship. This pioneering initiative is a significant step forward in motorsports and reaffirms the Chennai-based two-wheeler major’s commitment to sustainable mobility solutions as it becomes the first Indian manufacturer to foray into the world of… Continue reading TVS announces India’s first-ever electric two-wheeler racing championship
FADA urges OEMs to offer dealers additional benefits for deadstock liquidation
The Federation of Automobile Dealers Associations of India (FADA), which released its Dealer Satisfaction Study (DSS) 2023 on September 20, has urged vehicle manufacturers to offer some additional benefits to help dealers liquidate deadstock. A vehicle staying put in a dealership’s inventory for more than 60 days is considered as a deadstock, which ends up… Continue reading FADA urges OEMs to offer dealers additional benefits for deadstock liquidation
Hyundai Mobis develops one-touch automated parking technology
The evolution of advanced parking technology continues to progress. With advancements in various urban driver assistance systems (ADAS) and the fusion of video-based sensors, the ultimate era of autonomous parking is swiftly approaching. The latest technology update on this front has come in from global vendor Hyundai Mobis. Hyundai Mobis has announced its success in… Continue reading Hyundai Mobis develops one-touch automated parking technology
Czinger to launch 1233bhp Urus-inspired super-SUV
A go-anywhere super-SUV, in the same vein as the Lamborghini Urus, will be the next model from American luxury start-up Czinger, rather than the already unveiled Hyper GT saloon. That model, shown as a two-door, four-seat saloon concept last year, was touted as “the most powerful grand tourer ever produced” due to its 1233bhp twin-turbocharged 2.88-litre… Continue reading Czinger to launch 1233bhp Urus-inspired super-SUV