Hero initially launched two electric scooters under its Vida sub-brand – the V1 Plus and the V1 Pro. However, in just a few months, the company discontinued the V1 Plus, and has now reintroduced it at Rs 97,800 in Delhi. Hero Vida V1 Plus range, performance The Vida V1 Plus features a 3.44kWh lithium-ion battery… Continue reading Hero relaunches Vida V1 Plus at Rs 97,800
Category: US Motoring Press
Hero relaunches Vida V1 Plus at Rs 97,800
Hero initially launched two electric scooters under its Vida sub-brand – the V1 Plus and the V1 Pro. However, in just a few months, the company discontinued the V1 Plus, and has now reintroduced it at Rs 97,800 in Delhi. Hero Vida V1 Plus range, performance The Vida V1 Plus features a 3.44kWh lithium-ion battery… Continue reading Hero relaunches Vida V1 Plus at Rs 97,800
XLRI to set up India’s first dedicated automobile design institute
XLRI, one of the country’s top B schools will set up India’s first dedicated design and management institute for automobiles, at its Delhi NCR campus in collaboration with automobile industry veteran Avik Chattopadhyay, in a step towards ‘Design in India.’ India is a booming automobile market and is expected to witness significant growth in the… Continue reading XLRI to set up India’s first dedicated automobile design institute
Tata Motors to demerge its businesses into two separate listed companies
The Board of Directors of Tata Motors Limited, at its meeting today, has approved the proposal of demerger of Tata Motors Ltd into two separate listed companies housing A) the Commercial Vehicles business and its related investments in one entity and B) the Passenger Vehicles businesses including PV, EV, JLR and its related investments in… Continue reading Tata Motors to demerge its businesses into two separate listed companies
Ola Electric receives its second PLI certificate for Gen-2 S1 Pro
Bengaluru-headquartered EV startup Ola Electric has received its second PLI-Auto certificate under the government’s automotive production-linked incentive (PLI) scheme. The company has received the certificate for its Gen-2 Ola S1 Pro e-scooter, from nodal homologation and research body – ICAT (Manesar) – which falls under the aegis of the Ministry of Heavy Industries (MHI). The… Continue reading Ola Electric receives its second PLI certificate for Gen-2 S1 Pro
Ola Electric receives its second PLI certificate for Gen-2 S1 Pro
Bengaluru-headquartered EV startup Ola Electric has received its second PLI-Auto certificate under the government’s automotive production-linked incentive (PLI) scheme. The company has received the certificate for its Gen-2 Ola S1 Pro e-scooter, from nodal homologation and research body – ICAT (Manesar) – which falls under the aegis of the Ministry of Heavy Industries (MHI). The… Continue reading Ola Electric receives its second PLI certificate for Gen-2 S1 Pro
Minister for Steel Jyotiraditya Scindia inaugurates India’s first green hydrogen plant: ANI
Union Minister for Steel and Civil Aviation, Jyotiraditya Scindia, today (4 March, 2024) virtually inaugurated India’s first green hydrogen plant in the stainless steel sector located at Hisar, Haryana. Nagendra Nath Sinha, Secretary, Ministry of Steel, Abhyuday Jindal, Managing Director, Jindal Stainless, Amit Bansal, Founder, Hygenco, and other officials of the Ministry of Steel were… Continue reading Minister for Steel Jyotiraditya Scindia inaugurates India’s first green hydrogen plant: ANI
Volkswagen rules out listing battery unit till 2026: Report
Volkswagen is thinking against taking its battery unit public, until factories are up and running and the company’s unified battery cell is in use, the division’s chief Thomas Schmall informed newswire Reuters. This mainly rules out the possibility of a public listing before 2026, the newswire noted. Schmall’s comments offer the best indication so far… Continue reading Volkswagen rules out listing battery unit till 2026: Report
Sonalika Tractors reports 16.1% market share in February 2024
Sonalika Tractors reported a market share of 16.1% in February 2024, marking its highest for the month. The company sold 9,722 tractors, a 6.2% increase from the previous fiscal year’s 9,154 units. The company attributes its success to its expansive range of heavy-duty tractors, which now includes 10 new models within the 40-75 HP segment,… Continue reading Sonalika Tractors reports 16.1% market share in February 2024
Joy e-bike inaugurates new assembly line in Deoghar, Jharkhand
Wardwizard Innovations & Mobility Limited (WIML), known for its electric two-wheeler brand ‘Joy e-bike’, recently inaugurated a new assembly line facility in Deoghar, Jharkhand. This move is aimed at boosting the company’s production capabilities to meet the rising demand for electric two-wheelers across India, particularly in the eastern and northern regions. The new facility, covering… Continue reading Joy e-bike inaugurates new assembly line in Deoghar, Jharkhand