Piaggio Vehicles appoints Ajay Raghuvanshi as Executive Vice President of 2W Domestic Business (ICE) Piaggio Vehicles, the 100 percent subsidiary of the Italian auto giant Piaggio Group, has announced the appointment of Ajay Raghuvanshi as the Executive Vice President of 2W Domestic Business (ICE). Raghuvanshi will be reporting to Diego Graffi, Chairman and Managing Director… Continue reading Piaggio Vehicles appoints Ajay Raghuvanshi as Executive Vice President of 2W Domestic Business (ICE)
Category: US Motoring Press
MoHI sanctions Rs 800 crore to OMCs to set up 7,432 fast charging stations
In a bid to boost the eco-system for the adoption of electric vehicles, the Ministry of Heavy Industries has sanctioned Rs 800 crore under FAME India Scheme Phase II to the PSU Oil Marketing Companies (OMC) – Indian Oil (IOCL), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) – for setting up 7432 public fast charging… Continue reading MoHI sanctions Rs 800 crore to OMCs to set up 7,432 fast charging stations
MoHI sanctions Rs 800 crore to OMCs to set up 7,432 fast charging stations
In a bid to boost the eco-system for the adoption of electric vehicles, the Ministry of Heavy Industries has sanctioned Rs 800 crore under FAME India Scheme Phase II to the PSU Oil Marketing Companies (OMC) – Indian Oil (IOCL), Bharat Petroleum (BPCL), and Hindustan Petroleum (HPCL) – for setting up 7432 public fast charging… Continue reading MoHI sanctions Rs 800 crore to OMCs to set up 7,432 fast charging stations
Commercial vehicle financing to bounce back on the backdrop of pick up in sales
On the backdrop of growth in commercial vehicle (CV) sales, CV financing is also expected to bounce back. Interestingly, the used CV segment, largely dominated by Non-Banking Finance Companies (NBFCs), can clock a stable growth rate despite headwinds in the last few years. It may be noted, the growth of CV sector remains primarily dependent… Continue reading Commercial vehicle financing to bounce back on the backdrop of pick up in sales
Odysse Electric Vehicles launches VADER at introductory price of Rs 1,09,999 (ex-showroom Ahmedabad)
Odysse Electric Vehicles launches VADER at introductory price of Rs 1,09,999 (ex-showroom Ahmedabad) Mumbai-based electric vehicle manufacturer Odysse Electric Vehicles has launched its new electric motorbike VADER at an introductory price of Rs 1,09,999 (ex-showroom Ahmedabad). Odysse Electric Vehicles also aims to launch an electric scooter in 3Q23. The completely Made in India bike is the country’s first… Continue reading Odysse Electric Vehicles launches VADER at introductory price of Rs 1,09,999 (ex-showroom Ahmedabad)
Odysse Electric Vehicles launches VADER at introductory price of Rs 1,09,999 (ex-showroom Ahmedabad)
Odysse Electric Vehicles launches VADER at introductory price of Rs 1,09,999 (ex-showroom Ahmedabad) Mumbai-based electric vehicle manufacturer Odysse Electric Vehicles has launched its new electric motorbike VADER at an introductory price of Rs 1,09,999 (ex-showroom Ahmedabad). Odysse Electric Vehicles also aims to launch an electric scooter in 3Q23. The completely Made in India bike is the country’s first… Continue reading Odysse Electric Vehicles launches VADER at introductory price of Rs 1,09,999 (ex-showroom Ahmedabad)
Citroen India exports first batch of C3s to ASEAN and Africa
Four weeks after PAIPL (PCA Automobiles India Pvt Ltd),, the Indian affiliate of Citroen India, signed a Memorandum of Understanding with Kamarajar Port Ltd (KPL) to commence its export programme from India, the carmaker has begun shipping its cars to overseas markets as completely built units (CBUs). On March 31, 2023, the first batch of… Continue reading Citroen India exports first batch of C3s to ASEAN and Africa
EVs drive new car sales in Europe, BEVs gain share in 25 of 28 markets in February
EVs drive new car sales in Europe, BEVs gain share in 25 of 28 markets in February New car sales data for Europe for February 2023 is out and the number of new passenger car registrations totalled just over 900,000 units – up by 12% compared to February 2022. Combined January-February sales totalled 1.81 million… Continue reading EVs drive new car sales in Europe, BEVs gain share in 25 of 28 markets in February
SSAB launches new zero-emission steel
SSAB has launched SSAB Zero, a fossil carbon emission-free steel based on recycled steel and made using fossil-free energy, without carbon emission offsetting and mass balancing allocation of emission reductions. It is the first commercial steel of its kind and will be available during Q2 2023. According to SSAB, the quality and properties of SSAB Zero… Continue reading SSAB launches new zero-emission steel
EV sales in India hit 1.16 million units in FY2023, race past 100,000 units six months in a row
EV sales in India hit 1.16 million units in FY2023, race past 100,000 units six months in a row Today, March 31, is the last day of fiscal year 2023 and sales of electric vehicles (EVs) in India have charged past the 100,000-units mark for the sixth month in a row. What’s more, cumulative 12-month… Continue reading EV sales in India hit 1.16 million units in FY2023, race past 100,000 units six months in a row