Oben Electric, a Bengaluru-based electric motorcycle manufacturer, has entered Eastern India with the launch of a new showroom and service center in Bhubaneswar, Odisha. This expansion brings the company’s total network to 37 showrooms across 26 cities nationwide. The new showroom, centrally located in Bhubaneswar, has been introduced in response to growing demand for electric… Continue reading Oben Electric Expands into Eastern India with New Showroom in Bhubaneswar
Category: US Motoring Press
Uno Minda Inaugurates New 4W Alloy Wheel Manufacturing Plant in Kharkhoda, Haryana
Uno Minda has inaugurated its new greenfield manufacturing facility for four-wheeler alloy wheels in Kharkhoda, Haryana. The plant marks a strategic addition to the company’s production network and aims to support the growing demand in the Indian automotive sector. The inauguration was attended by Hisashi Takeuchi, Managing Director and CEO of Maruti Suzuki India Limited… Continue reading Uno Minda Inaugurates New 4W Alloy Wheel Manufacturing Plant in Kharkhoda, Haryana
India Plans to Deploy Over 1,000 Hydrogen Buses and Trucks by 2030
As India pursues a multi-fuel strategy to decarbonize the transport sector, the country is expected to have over 1,000 hydrogen-powered trucks and buses on its roads by the end of this decade, a senior government official said. “Almost 50 trucks and buses should be running this year. And from next year onwards, we will see… Continue reading India Plans to Deploy Over 1,000 Hydrogen Buses and Trucks by 2030
Government Considers Fiscal Incentives for Rare Earth Magnet Production to Counter China Dependence: Reuters
The global supply chain for critical materials has been thrust into uncertainty following China’s implementation of new export restrictions on rare earth magnets. According to a June 5 Reuters report, India is now actively developing a comprehensive strategy to counter this challenge by establishing domestic production capabilities and reducing its dependence on Chinese supplies. China’s… Continue reading Government Considers Fiscal Incentives for Rare Earth Magnet Production to Counter China Dependence: Reuters
The Road to Circularity: Why Waste is the Next Big Corporate Priority
The ever-expanding sprawl of a bustling metropolis, the hum of industry, and the relentless march of progress, all leave in their wake an undeniable footprint – Waste. Among the myriad challenges this presents, plastic pollution has emerged as a particularly formidable adversary, choking landfills, polluting oceans, and threatening our ecosystem. For too long, plastic, a… Continue reading The Road to Circularity: Why Waste is the Next Big Corporate Priority
PM Flags Off 200 PMI Electric Buses in Push for Green Mobility
On the occasion of World Environment Day, Prime Minister Narendra Modi flagged off 200 electric DEVi buses manufactured by PMI Electro Mobility in Delhi. The initiative is part of a broader push to promote sustainable public transportation and reduce carbon emissions under the government’s Green Viksit Bharat mission. The newly launched electric buses will operate… Continue reading PM Flags Off 200 PMI Electric Buses in Push for Green Mobility
Uber Reserve Sees Nearly 200% Year-on-Year Growth as More Indians Opt for Advance Ride Booking
Advance ride scheduling sees nearly 200% year-on-year growth, with airport trips, festive seasons, and office commutes emerging as key use cases across major cities including Delhi, Bengaluru, Chennai, Mumbai, and Hyderabad. Uber has reported a substantial increase in the use of its pre-scheduled ride feature, Uber Reserve, across India during 2024. The company noted nearly… Continue reading Uber Reserve Sees Nearly 200% Year-on-Year Growth as More Indians Opt for Advance Ride Booking
Ola Electric Shares Face Pressure as Bhavish Aggarwal Pledges More Equity for AI Venture
Bhavish Aggarwal, founder of Ola Electric and the artificial intelligence startup Krutrim, has pledged an additional 5.88 crore shares of Ola Electric to secure funding for his AI startup. The move represents the second installment of share pledging by Aggarwal to finance his artificial intelligence venture, bringing total encumbered shares to approximately 2.43 percent of… Continue reading Ola Electric Shares Face Pressure as Bhavish Aggarwal Pledges More Equity for AI Venture
Ola Electric Shares Face Pressure as Bhavish Aggarwal Pledges More Equity for AI Venture
Bhavish Aggarwal, founder of Ola Electric and the artificial intelligence startup Krutrim, has pledged an additional 5.88 crore shares of Ola Electric to secure funding for his AI startup. The move represents the second installment of share pledging by Aggarwal to finance his artificial intelligence venture, bringing total encumbered shares to approximately 2.43 percent of… Continue reading Ola Electric Shares Face Pressure as Bhavish Aggarwal Pledges More Equity for AI Venture
Ola Electric Shares Face Pressure as Bhavish Aggarwal Pledges More Equity for AI Venture
Bhavish Aggarwal, founder of Ola Electric and the artificial intelligence startup Krutrim, has pledged an additional 5.88 crore shares of Ola Electric to secure funding for his AI startup. The move represents the second installment of share pledging by Aggarwal to finance his artificial intelligence venture, bringing total encumbered shares to approximately 2.43 percent of… Continue reading Ola Electric Shares Face Pressure as Bhavish Aggarwal Pledges More Equity for AI Venture