Tata Motors signs MoU with SBI for eCV financing

Tata Motors, leading commercial vehicle manufacturer has signed a Memorandum of Understanding (MoU) with State Bank of India (SBI), to offer financing solutions for purchasing the all-new Tata Ace EV. Through this partnership, Tata Motors will leverage SBI’s strong network to make these solutions accessible to customers. Pravin Raghavendra, Deputy Managing Director (Retail – Agri, SME… Continue reading Tata Motors signs MoU with SBI for eCV financing

Raptee appoints Jayapradeep V as Chief Business Officer

Premium EV motorcycle startup Raptee has announced the appointment of Jayapradeep V as its Chief Business Officer. Jayapradeep, who comes with over 25 years of experience, previously worked with Royal Enfield for 15 years as their Business Head for India and SAARC region. Jayapradeep has been credited with leading Royal Enfield’s premium distribution and commanding a… Continue reading Raptee appoints Jayapradeep V as Chief Business Officer

First made in Germany MINI to roll out from BMW Group Plant in Leipzig

The production of the new MINI Countryman will begin at the BMW Group plant Leipzig, in Germany. The carmaker says that the crossover model will be offered with both pure electric drive and combustion engines. MINI’s fully electric future will start in 2023 with, among other things, the new MINI Countryman at the BMW Group… Continue reading First made in Germany MINI to roll out from BMW Group Plant in Leipzig

New City, midsize SUV to drive Honda Cars India on a faster growth path

Japanese carmaker’s Indian arm, Honda Cars India (HCIL) is expecting to outpace the passenger vehicle (PV) market in the next one year with the introduction of City facelift, and the new midsize SUV which is planned to be launched in mid-CY2023, around July-September timeframe. HCIL’s president and CEO, Takuya Tsumura, told Autocar Professional that the… Continue reading New City, midsize SUV to drive Honda Cars India on a faster growth path

MG Motor India christens its soon-to-be-launched Smart EV as ‘Comet’

Building on its nearly century-old legacy of producing iconic automobiles, MG Motor India today announced the name of its upcoming Smart EV as ‘Comet’. As with other SUV models in the British brand’s line-up that have names inspired from iconic aircraft, the name chosen for the news model gets its inspiration from the 1934 British… Continue reading MG Motor India christens its soon-to-be-launched Smart EV as ‘Comet’

MG Motor India christens its soon-to-be-launched Smart EV as ‘Comet’

Building on its nearly century-old legacy of producing iconic automobiles, MG Motor India today announced the name of its upcoming Smart EV as ‘Comet’. As with other SUV models in the British brand’s line-up that have names inspired from iconic aircraft, the name chosen for the news model gets its inspiration from the 1934 British… Continue reading MG Motor India christens its soon-to-be-launched Smart EV as ‘Comet’

Bajaj Auto launches Chetak Premium 2023 Edition, ramps up production, expands network

Bajaj Auto launches Chetak Premium 2023 Edition, ramps up production, expands network Bajaj Auto, which entered India’s electric two-wheeler market with its Chetak e-scooter in January 2020, has expanded the EV portfolio with the Chetak Premium 2023 Edition priced at Rs 151,910 (ex-showroom, Bengaluru). This pricing makes the Chetak Premium 2023 Edition Rs 29,977 costlier… Continue reading Bajaj Auto launches Chetak Premium 2023 Edition, ramps up production, expands network

Bajaj Auto launches Chetak Premium 2023 Edition, ramps up production, expands network

Bajaj Auto launches Chetak Premium 2023 Edition, ramps up production, expands network Bajaj Auto, which entered India’s electric two-wheeler market with its Chetak e-scooter in January 2020, has expanded the EV portfolio with the Chetak Premium 2023 Edition priced at Rs 151,910 (ex-showroom, Bengaluru). This pricing makes the Chetak Premium 2023 Edition Rs 29,977 costlier… Continue reading Bajaj Auto launches Chetak Premium 2023 Edition, ramps up production, expands network

Can car makers maintain high profits as discounts return?

Last year brought bumper profits for car makers even as production remained depressed due to shortages of key parts. But as those shortages ease, investors want to know whether those car makers can sustain high margins with greater competition for their products. At the same time, consumers are asking the same question from the other side. Will… Continue reading Can car makers maintain high profits as discounts return?

Hydrogen back on menu as UK fuel infrastructure takes shape

To fulfill this emerging demand, Element 2 is concentrating its network on the UK’s 147 truck stops. It estimates that it needs 800 individual nozzles – about five per truck stop – by 2027 to provide comprehensive national coverage. Last July, it announced its first two sites with planning permission approved, one at Coneygarth on the A1 near… Continue reading Hydrogen back on menu as UK fuel infrastructure takes shape