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
Category: US Motoring Press
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
Govt of India mulls fresh infusion of Rs 1500–2000 crore in FAME 2 subsidy for two-wheelers
The Ministry of Heavy Industries is planning to increase the FAME 2 subsidy outlay for the two-wheeler segment by Rs 1500 to Rs 2000 crore to sustain the momentum for segment penetration before the scheme runs out by the end of FY 24. Following a brief disruption in penetration following a post-subsidy correction a few months… Continue reading Govt of India mulls fresh infusion of Rs 1500–2000 crore in FAME 2 subsidy for two-wheelers
Govt of India mulls fresh infusion of Rs 1500–2000 crore in FAME 2 subsidy for two-wheelers
The Ministry of Heavy Industries is planning to increase the FAME 2 subsidy outlay for the two-wheeler segment by Rs 1500 to Rs 2000 crore to sustain the momentum for segment penetration before the scheme runs out by the end of FY 24. Following a brief disruption in penetration following a post-subsidy correction a few months… Continue reading Govt of India mulls fresh infusion of Rs 1500–2000 crore in FAME 2 subsidy for two-wheelers
Govt of India mulls fresh infusion of Rs 1500–2000 crore in FAME 2 subsidy for two-wheelers
The Ministry of Heavy Industries is planning to increase the FAME 2 subsidy outlay for the two-wheeler segment by Rs 1500 to Rs 2000 crore to sustain the momentum for segment penetration before the scheme runs out by the end of FY 24. Following a brief disruption in penetration following a post-subsidy correction a few months… Continue reading Govt of India mulls fresh infusion of Rs 1500–2000 crore in FAME 2 subsidy for two-wheelers
Govt of India mulls fresh infusion of Rs 1500–2000 crore in FAME 2 subsidy for two-wheelers
The Ministry of Heavy Industries is planning to increase the FAME 2 subsidy outlay for the two-wheeler segment by Rs 1500 to Rs 2000 crore to sustain the momentum for segment penetration before the scheme runs out by the end of FY 24. Following a brief disruption in penetration following a post-subsidy correction a few months… Continue reading Govt of India mulls fresh infusion of Rs 1500–2000 crore in FAME 2 subsidy for two-wheelers