Stellantis CEO’s total compensation rose to $24.8M in 2022, despite shareholder backlash

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Gotion puts battery plant plan on hold in one of two Mich. towns, official says

A Chinese battery plant slated for development in the Big Rapids area appears to be putting plans on hold, at least temporarily, in a township where it was looking to locate its facility, the township supervisor said Friday. A lawyer for Gotion Inc. contacted Big Rapids Township this week to notify the community that it… Continue reading Gotion puts battery plant plan on hold in one of two Mich. towns, official says

‘Ola to go for IPO in 2024, investors to get healthy returns’: Bhavish Aggarwal

Having called off its proposed IPO plan in December 2021, citing uncertainties, Bhavish Aggarwal founder of ANI Technologies has brought back the IPO plan on table yet again. The maker of S1 electric scooter plans to list his company on bourses in 2024, apart from expanding his companies offering beyond scooter to motorcycles and cars,… Continue reading ‘Ola to go for IPO in 2024, investors to get healthy returns’: Bhavish Aggarwal

TI Clean Mobility to raise Rs. 3000 Cr. to fuel its EV platform

TI Clean Mobility to raise Rs. 3000 Cr. to fuel its EV platform In a bid to grow its EV business organically and inorganically, Rs 54000 crore Murugappa Group owned, TI Clean Mobility has raised Rs 3000 crore. TI Clean Mobility Private Limited (“TICMPL”), a wholly owned subsidiary of Tube Investments of India Limited (“TII”),… Continue reading TI Clean Mobility to raise Rs. 3000 Cr. to fuel its EV platform

TI Clean Mobility to raise Rs. 3000 Cr. to fuel its EV platform

TI Clean Mobility to raise Rs. 3000 Cr. to fuel its EV platform In a bid to grow its EV business organically and inorganically, Rs 54000 crore Murugappa Group owned, TI Clean Mobility has raised Rs 3000 crore. TI Clean Mobility Private Limited (“TICMPL”), a wholly owned subsidiary of Tube Investments of India Limited (“TII”),… Continue reading TI Clean Mobility to raise Rs. 3000 Cr. to fuel its EV platform

Electric Mini Cooper SE Convertible uses alloy wheels made from 100% recycled aluminium

Electric Mini Cooper SE Convertible uses alloy wheels made from 100% recycled aluminium The BMW Group is pushing the envelope in terms of the circular economy. The new Mini Cooper SE Convertible will be the first series model to be produced with alloy wheels that are made entirely from recycled aluminium. “As a premium manufacturer,… Continue reading Electric Mini Cooper SE Convertible uses alloy wheels made from 100% recycled aluminium

Electric Mini Cooper SE Convertible uses alloy wheels made from 100% recycled aluminium

Electric Mini Cooper SE Convertible uses alloy wheels made from 100% recycled aluminium The BMW Group is pushing the envelope in terms of the circular economy. The new Mini Cooper SE Convertible will be the first series model to be produced with alloy wheels that are made entirely from recycled aluminium. “As a premium manufacturer,… Continue reading Electric Mini Cooper SE Convertible uses alloy wheels made from 100% recycled aluminium

Electric Mini Cooper SE Convertible uses alloy wheels made from 100% recycled aluminium

Electric Mini Cooper SE Convertible uses alloy wheels made from 100% recycled aluminium The BMW Group is pushing the envelope in terms of the circular economy. The new Mini Cooper SE Convertible will be the first series model to be produced with alloy wheels that are made entirely from recycled aluminium. “As a premium manufacturer,… Continue reading Electric Mini Cooper SE Convertible uses alloy wheels made from 100% recycled aluminium

TVS Motor, Bajaj Auto plan big to strengthen e-2W game

In the electric two-wheeler space dominated largely by startups, incumbents like TVS Motor and Bajaj Auto are set to present a formidable challenge. Both homegrown companies are setting up high capacity and network expansion goals while ramping up volumes of their maiden e-scooter offerings. While TVS has set a target to reach 1 lakh iQube… Continue reading TVS Motor, Bajaj Auto plan big to strengthen e-2W game

Citroen C3 Aircross SUV snapped testing in India, EV derivative confirmed

Citroen will bring the all-electric eC3 Aircross SUV by 2025. The petrol-powered Citroen C3 Aircross SUV will go on sale first – most likely later this year in India – followed by other markets. The EV powertrain option on the upcoming C3 Aircross was confirmed by Citroen’s branding executive Laurent Barria to Autocar India’s sister publication, Autocar… Continue reading Citroen C3 Aircross SUV snapped testing in India, EV derivative confirmed