Taiwanese technology giant Hon Hai Technology Group (Foxconn) has taken the covers off two all-new electric vehicles at the fifth annual Hon Hai Tech Day (HHTD) on October 8. Expanding its automotive portfolio, the Foxtron Model D is a versatile lifestyle multipurpose utility vehicle (LMUV) designed in collaboration with Italian styling house Pininfarina, and the Model… Continue reading Foxconn unveils Pininfarina-designed electric MPV
Category: US Motoring Press
Mahindra delivers first Thar ROXX to Aakash Minda following ₹1.31 crore auction
Mahindra & Mahindra Ltd., a prominent SUV manufacturer in India, has delivered the first-ever Thar ROXX, VIN 001, to Mr. Aakash Minda, who won the online auction with a bid of ₹1.31 crore. The auction, held on carandbike website from September 15 to 16, 2024, attracted 20 active bidders and received over 10,980 registrations. Minda… Continue reading Mahindra delivers first Thar ROXX to Aakash Minda following ₹1.31 crore auction
Alt Mobility expands EV leasing to 4-Wheeler passenger segment for employee transport and ride-hailing
Alt Mobility, a technology-enabled electric vehicle (EV) leasing and asset lifecycle management provider, has expanded its offerings into the commercial 4-wheeler passenger vehicle market. This expansion supports the growing demand for electric vehicles in employee transportation, ride-hailing services, airport cabs, hotels, and the tourism sector. The shift toward electrification in mobility is gaining traction in… Continue reading Alt Mobility expands EV leasing to 4-Wheeler passenger segment for employee transport and ride-hailing
Piaggio Vehicles and Shriram Finance to offer 3W financing
Piaggio Vehicles Pvt Ltd (PVPL), a 100 % subsidiary of the Italian auto giant Piaggio Group, has partnered with Shriram Finance to ease 3W financing across India. As part of the agreement, Shriram Finance will offer tailored financing options, including exclusive deals for Piaggio customers, low down payments as well as attractive rate of interest… Continue reading Piaggio Vehicles and Shriram Finance to offer 3W financing
Ultraviolette expands to Nepal
Ultraviolette has opened its latest UV Space Pod Experience Centre in Nepal. This new facility represents a major milestone in addition to Ultraviolette’s expansion to 05 cities in India, along with the announcement of the start of exports to Europe. This expansion aligns with Ultraviolette’s broader vision of establishing 50 futuristic experience centres globally, with… Continue reading Ultraviolette expands to Nepal
Tata Motors Group global wholesales at 3,04,189 in Q2 FY25
The Tata Motors Group global wholesales in Q2 FY25, including Jaguar Land Rover were at 3,04,189 numbers, lower by 11%, as compared to Q2 FY24. Global wholesales of all Tata Motors’ commercial vehicles and Tata Daewoo range in Q2 FY25 were at 86,133 nos., lower by 19%, over Q2 FY24. Global wholesales of Tata Motors… Continue reading Tata Motors Group global wholesales at 3,04,189 in Q2 FY25
FICCI report highlights $15 Billion investment potential from Taiwan in key Indian manufacturing sectors
A recent report by FICCI, titled ‘Unlocking the Potential: The Benefits of India as a Partner for Taiwanese Enterprises’, highlights five specific manufacturing sectors with the potential to attract investments of up to USD 15 billion from Taiwan. These sectors include PCBs (Printed Circuit Boards), electronic components such as passive devices, electro-mechanical components, semiconductors, electric… Continue reading FICCI report highlights $15 Billion investment potential from Taiwan in key Indian manufacturing sectors
Ashok Leyland Light Commercial Vehicles opens a new dealership in Udaipur
Ashok Leyland inaugurated its dealership for Light Commercial Vehicles in Udaipur, marking it the sixth Light Commercial Vehicle dealership in the state of Rajasthan. The new channel partner Tirupati Automobiles, has a 3S (Sales, Service and Spares) facility, equipped with advanced tools, 02 quick service bays and has sophisticated infrastructure to ensure superior customer experience. The… Continue reading Ashok Leyland Light Commercial Vehicles opens a new dealership in Udaipur
September electric PV retails continue in red; e2Ws, e3Ws, eCVs march ahead
Retail sales of electric cars continued to be in red during September, both on a year-on-year basis and sequentially, while two and three-wheeler and commercial vehicle segments continued to record growth in their electric vehicle sales during the month. Electric cars in September saw their sales decline for the second consecutive month (YoY) with retails… Continue reading September electric PV retails continue in red; e2Ws, e3Ws, eCVs march ahead
BYD India launches eMax7 MPV at Rs 26.90 lakh, eyes 40% sales growth in 2024
BYD India has launched its latest model – the EMax7 MPV – priced between Rs 26.90 lakh and Rs 29.90 lakh, ex-showroom, in the country. The eMax7 is the successor to the outgoing E6 MPV, which was launched as the company’s maiden offering in India in 2021. The eMax7 measures 4.7 metres in length, offering… Continue reading BYD India launches eMax7 MPV at Rs 26.90 lakh, eyes 40% sales growth in 2024