India’s largest two-wheeler maker Hero MotoCorp is aiming breakeven for its electric vehicle business in a couple of years with an average monthly sale of 25-30,000-unit level, according to a senior company official. “This year (FY25) when we look at our EV performance, our volumes have grown 200%. Our EBITDA is at (-)95%. It is… Continue reading Hero Motocorp CEO Says EV Business To Break Even In Couple Of Years
Category: US Motoring Press
Hero Motocorp CEO Says EV Business To Break Even In Couple Of Years
India’s largest two-wheeler maker Hero MotoCorp is aiming breakeven for its electric vehicle business in a couple of years with an average monthly sale of 25-30,000-unit level, according to a senior company official. “This year (FY25) when we look at our EV performance, our volumes have grown 200%. Our EBITDA is at (-)95%. It is… Continue reading Hero Motocorp CEO Says EV Business To Break Even In Couple Of Years
Zoomcar Partners with Wego to Offer Self-Drive Options for International Tourists in India
Zoomcar Holdings, Inc., the Nasdaq-listed marketplace for self-drive car sharing in India, announced a partnership with Wego, the leading travel app in the Middle East and North Africa, today. The agreement will integrate Zoomcar’s self-drive rental options directly into Wego’s platform, allowing international tourists to book vehicles throughout India. The partnership enables Wego users to… Continue reading Zoomcar Partners with Wego to Offer Self-Drive Options for International Tourists in India
Magma General Insurance Partners with Toyota Tsusho to Expand Car Insurance Reach
Magma General Insurance Limited has formed a strategic partnership with Toyota Tsusho Insurance Broker India Pvt. Ltd. (TTIBI) to expand its presence in the passenger vehicle insurance market, the companies announced today in Mumbai. Under the agreement, TTIBI will distribute Magma’s motor insurance products covering accidents, theft, natural disasters, and third-party liabilities through its network… Continue reading Magma General Insurance Partners with Toyota Tsusho to Expand Car Insurance Reach
GreenCell Mobility Secures 1,200 Electric Bus Order Under PM E-Bus Sewa Scheme
GreenCell Mobility has secured an order for over 1,200 electric buses from Convergence Energy Services Limited (CESL) under the PM E-Bus Sewa Scheme, according to an announcement made on May 14, 2025. The company received a Letter of Award for 472 Eicher electric buses in Madhya Pradesh and 750 buses from Pinnacle Mobility Solutions in… Continue reading GreenCell Mobility Secures 1,200 Electric Bus Order Under PM E-Bus Sewa Scheme
GreenCell Mobility Secures 1,200 Electric Bus Order Under PM E-Bus Sewa Scheme
GreenCell Mobility has secured an order for over 1,200 electric buses from Convergence Energy Services Limited (CESL) under the PM E-Bus Sewa Scheme, according to an announcement made on May 14, 2025. The company received a Letter of Award for 472 Eicher electric buses in Madhya Pradesh and 750 buses from Pinnacle Mobility Solutions in… Continue reading GreenCell Mobility Secures 1,200 Electric Bus Order Under PM E-Bus Sewa Scheme
Track nights, drifting and lots of screenwash: 2000 miles in an MX-5
Winter is doing the car a huge favour so far. It ’s constantly caked in mud, which hides the paint well. I love filthy cars and will fill these pages in the coming months with the dirtiest MX-5 you may ever see. Other notes? This car is small. Really small. Shorter than the Mk1 MX-5… Continue reading Track nights, drifting and lots of screenwash: 2000 miles in an MX-5
My Week In Cars: New Steve Cropley/Matt Prior podcast (ep.140)
This week Steve Cropley and Matt Prior return to the store cupboard as they discuss why liberal Americans like Subarus much more than conservatives do, Cropley tells Prior about the brilliance of the Lotus 49, and the pair discuss two vans with seats – the Volkswagen ID Buzz and Vauxhall Combo Life. There’s more, too, including… Continue reading My Week In Cars: New Steve Cropley/Matt Prior podcast (ep.140)
Vauxhall Grandland Electric GS long-term test: will an EV work with no home charger?
2023 Audi e-tron 11,326 milesAutomaticElectric Cash £27,744 View e-tron 2023 Audi e-tron 51,562 milesAutomaticElectric Cash £22,459 View e-tron 2021 BMW X3 30,128 milesAutomaticDiesel2.0L Cash £28,987 View X3 2023 Hyundai Tucson 21,437 milesAutomaticPetrol1.6L Cash £23,873 View Tucson For example, there’s a Lidl just around the corner and if you sign up for the LidlPlus app, you… Continue reading Vauxhall Grandland Electric GS long-term test: will an EV work with no home charger?
Best-selling cars 2025: the year’s 10 most popular models
Latest Volkswagen Tiguan deals 9. Volvo XC40 – 10,612 It’s no longer the youngest member of the Swedish brand’s line-up, but the Volvo XC40 is clearly still a winner in terms of pure buyer appeal. This upmarket small SUV faces no shortage of competitors, but the combination of ride and interior comfort, a suite of… Continue reading Best-selling cars 2025: the year’s 10 most popular models