Electric two-wheeler maker Ather Energy’s IPO is set to get off to a strong start with SBI Asset Management Company (AMC) slated to be the chief anchor investor, according to sources in the know. Other prominent domestic investors joining as anchor investors include Birla AMC and Invesco Mutual Fund. The IPO is scheduled to open… Continue reading SBI AMC, Birla AMC and Invesco MF Likely to Join Ather IPO as Anchor Investors
Category: US Motoring Press
VW concept trio previews 30-model assault on Chinese market
Volkswagen has unveiled a trio of concept cars ahead of the Shanghai motor show, previewing a dramatic expansion of its offerings in the crucial Chinese market. Developed in collaboration with the firm’s joint-venture partners SAIC and FAW, plus its sub-division headquartered in Anhui, the new cars form the backbone of a 30-model line-up that’s due in China… Continue reading VW concept trio previews 30-model assault on Chinese market
First look at MG CyberX SUV ahead of reveal tomorrow
The MG CyberX SUV has been previewed on video ahead of its unveiling at the Shanghai motor show tomorrow. Briefly shown in a video posted to Chinese social media platforms, it is a new electric SUV that will be the second model in the brand’s Cyber line-up, established last year by the Cyberster roadster. The early images reveal MG’s latest… Continue reading First look at MG CyberX SUV ahead of reveal tomorrow
Mercedes to launch by-wire steering and yoke wheel in 2026
Mercedes-Benz will launch its first car equipped with by-wire steering next year, allowing it to replace the traditional steering wheel with a yoke. The system replaces the mechanical connection between the steering and the front wheels with an electronic connection – the ‘wire’ – that is said to provide a quicker responses and a greater bandwidth of… Continue reading Mercedes to launch by-wire steering and yoke wheel in 2026
Marelli Unveils New Automotive Lighting Technologies at Auto Shanghai 2025
Marelli, a global technology supplier to the automotive industry, revealed three new lighting technologies at Auto Shanghai 2025 on Tuesday, including what it claims is the world’s first OLED TFT application in a rear lamp. The company is showcasing its “Pixel Rear Lamp,” “Near-Field Ground Projection” system, and “Thin Lit Line Headlamp” at the Shanghai… Continue reading Marelli Unveils New Automotive Lighting Technologies at Auto Shanghai 2025
Ather Cuts IPO Size, Offer Opens on Monday
Electric two-wheeler manufacturer Ather Energy has reduced the size of its upcoming initial public offering, according to the draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI). The Bengaluru-based automaker is looking to raise Rs 2,626 crore from the fresh issue, down from its earlier target of Rs 3,100… Continue reading Ather Cuts IPO Size, Offer Opens on Monday
SIAM and KVS Launch Nationwide Road Safety Program for School Students
The Society of Indian Automobile Manufacturers (SIAM) in partnership with Kendriya Vidyalaya Sangathan (KVS) launched a nationwide online road safety education program today. The program was officially inaugurated at Kendriya Vidyalaya No. 2, New Delhi by Union Minister of Road Transport & Highways Nitin Gadkari and Union Minister of Education Dharmendra Pradhan. The program introduces… Continue reading SIAM and KVS Launch Nationwide Road Safety Program for School Students
Maharashtra Approves Electric Bike Taxi Policy for Urban Areas
Maharashtra’s government has approved a comprehensive policy framework for electric bike taxis across the state, marking a significant step toward sustainable urban transportation. The decision, announced Monday, permits operations in all cities with populations exceeding one lakh residents. The policy mandates a 100% electric fleet, underscoring the government’s commitment to eco-friendly transit solutions. This requirement… Continue reading Maharashtra Approves Electric Bike Taxi Policy for Urban Areas
Maharashtra Approves Electric Bike Taxi Policy for Urban Areas
Maharashtra’s government has approved a comprehensive policy framework for electric bike taxis across the state, marking a significant step toward sustainable urban transportation. The decision, announced Monday, permits operations in all cities with populations exceeding one lakh residents. The policy mandates a 100% electric fleet, underscoring the government’s commitment to eco-friendly transit solutions. This requirement… Continue reading Maharashtra Approves Electric Bike Taxi Policy for Urban Areas
Renault Unveils Its Largest Global Design Hub Outside France in Chennai
In a significant move underscoring its long-term commitment to India, Renault Group has inaugurated its new state-of-the-art design centre in Chennai, now the company’s largest design hub outside France. The facility, which replaces the studio established in 2013, aims to spearhead Renault’s product innovation, localisation, and global collaboration, as part of its wider ‘Renault Rethink’… Continue reading Renault Unveils Its Largest Global Design Hub Outside France in Chennai