JBM Ecolife Mobility Pvt Ltd., a subsidiary of JBM Auto Limited, has received an order for 1021 electric buses under the Government of India’s PM e-Bus Sewa Scheme-2 initiative. The order is valued at approximately Rs 5,500 crore, the company said. The buses will be deployed in 19 cities across Gujarat, Maharashtra and Haryana. With… Continue reading JBM Ecolife Mobility Receives Rs 5,500 crore for 1,021 Electric Buses Under PM e-Bus Sewa Scheme-2
Category: US Motoring Press
Sundaram-Clayton to Sell Aluminium Die-Casting Operations at Hosur Plant
Sundaram-Clayton Ltd, a leading automotive components manufacturer, announced today that its Board of Directors has approved the sale of its aluminium die-casting businesses at the Hosur plant to third-party purchasers. The decision was made during a board meeting held on February 19. According to the company’s disclosure to stock exchanges, both high-pressure and low-pressure aluminium… Continue reading Sundaram-Clayton to Sell Aluminium Die-Casting Operations at Hosur Plant
Zypp Electric Plans 100,000 EV Fleet Expansion with Indofast Energy Partnership
Zypp Electric announced plans to deploy 100,000 electric two-wheelers over the next 12-18 months in partnership with Indofast Energy. The expansion builds upon their existing collaboration that has already put 10,000 electric vehicles on Indian roads. The fleet expansion will cover eight major Indian cities including Delhi NCR, Mumbai, Bengaluru, Hyderabad, Pune, Lucknow, and Jaipur.… Continue reading Zypp Electric Plans 100,000 EV Fleet Expansion with Indofast Energy Partnership
SKF India Appoints Nrithika Sridharan as Head of Strategy & Marketing
SKF India Limited announced the appointment of Nrithika Sridharan as Head of Strategy & Marketing to the company’s Senior Management Team, effective February 19, 2025. The appointment was approved by the Board of Directors through a circular resolution based on the recommendation of the Nomination and Remuneration Committee. Sridharan brings over 15 years of experience… Continue reading SKF India Appoints Nrithika Sridharan as Head of Strategy & Marketing
Firefox Bikes Appoints Ashwani Gautam as CEO
India’s premium bicycle brand, Firefox Bikes, has appointed Ashwani Gautam as its new Chief Executive Officer (CEO). Ashwani, with expertise in business transformation, P&L management, and go-to-market strategies, will lead Firefox’s expansion and innovation in the premium cycling segment. An alumnus of IIT BHU and IIM Ahmedabad, Ashwani has held key leadership roles across Consumer… Continue reading Firefox Bikes Appoints Ashwani Gautam as CEO
Autocar Professional’s Feb 15, 2025 Edition is out!
With Rs 143 lakh crore allocated for infrastructure development by 2030, the construction equipment industry remains optimistic despite near-term challenges such as a temporary slowdown in road project awards, a slowing GDP, and the transition to new emission norms. We bring you a rounded picture of the industry in this edition. Exclusive insights in this… Continue reading Autocar Professional’s Feb 15, 2025 Edition is out!
Mahindra Logistics Partners with Startups to Develop Future-Ready Solutions
Mahindra Logistics Ltd., one of India’s largest integrated logistics solutions providers, has concluded the fourth edition of its startup incubator program, Catapult 4.0. The initiative aims to support Indian startups in developing innovative logistics solutions while enhancing operational efficiency and supply chain management. The program included eight startups working on applications in drones, smart warehousing,… Continue reading Mahindra Logistics Partners with Startups to Develop Future-Ready Solutions
Delhi NCR Emerges as Hotspot for Traffic Enforcement Bribes, Survey Finds
A new survey by Park+ Research Labs has revealed that 64% of Delhi-NCR car drivers admit to paying bribes to evade traffic violation fines, raising serious questions about enforcement integrity in the region. The digital-first survey, which sampled 600 car owners, found that 42.6% of offenders justified their actions by citing concerns about lengthy legal… Continue reading Delhi NCR Emerges as Hotspot for Traffic Enforcement Bribes, Survey Finds
ElectricPe to Open 50 New EV Outlets by 2025
ElectricPe, India’s leading EV super-app, said it will open 50 new mobility centers—which offer two-wheeler charging, financing, and after-sales service—across 24 cities by June. This will expand its total footprint to 64 centers in 32 cities nationwide. The EV mobility center The company aims to address key barriers to electric vehicle adoption through this expansion.… Continue reading ElectricPe to Open 50 New EV Outlets by 2025
MG Windsor Reaches 15,000 Unit Production Mark and Leads EV Sales for Four Consecutive Months
JSW MG Motor India announces the MG Windsor, India’s first Intelligent Crossover Utility Vehicle (CUV), has reached a production milestone of 15,000 units. The vehicle has maintained its position as the best-selling electric vehicle in India for four consecutive months from October 2024 through January 2025, contributing significantly to the overall growth of India’s electric… Continue reading MG Windsor Reaches 15,000 Unit Production Mark and Leads EV Sales for Four Consecutive Months