Manba Finance Limited announced strategic partnerships with three companies today to expand its vehicle financing operations, particularly in the electric vehicle sector, and extend its reach into new markets. The non-banking financial company has joined forces with electric scooter manufacturer BGauss Auto, rural financial services provider Fin Coopers Capital, and digital financing platform ProsParity. “These… Continue reading Manba Finance Partners with Three Companies to Expand Vehicle Financing and EV Adoption
Category: US Motoring Press
PURE Set to Enter Energy Storage Market with New Product Line
PUR Energy (PURE), a leading player in India’s energy storage and electric mobility sectors, has announced plans to launch a new product line called PuREPower on March 25, 2025, in Hyderabad. The company will showcase its latest innovations in energy storage technology during an exclusive event at HICC Novotel. The PuREPower product line aims to… Continue reading PURE Set to Enter Energy Storage Market with New Product Line
Ecofuel Certifies 22 Car Models Under BS 6 Emission Norms
Eco Fuel Systems has secured certification for 22 car models under the Bharat Stage VI emission norms, the company announced Monday. The Mumbai-based firm, which specializes in CNG and LPG vehicle conversion technology, has converted approximately one million vehicles and supplied over 400,000 sequential kits across India since its founding in 2003. “Our mission has… Continue reading Ecofuel Certifies 22 Car Models Under BS 6 Emission Norms
Erisha E Mobility Secures $1 Billion Investment from UAE Investor
Erisha E Mobility Private Limited, a venture under Rana Group, has secured a $1 billion investment from a UAE-based investor to expand its operations globally, the company announced Monday. The investment will fund Erisha’s expansion into the UAE, Saudi Arabia, USA, Europe, and several African nations, while strengthening its existing business in India. The capital… Continue reading Erisha E Mobility Secures $1 Billion Investment from UAE Investor
Poonawalla Fincorp Expands into Commercial Vehicle Loan Segment
Poonawalla Fincorp Limited (PFL), a non-banking finance company promoted by the Cyrus Poonawalla Group, announced on Monday the launch of its Commercial Vehicle (CV) Secured Loan Business, expanding its product portfolio into the transportation financing sector. The new offering will provide loans for Small, Light, and Intermediate & Heavy Commercial Vehicles from all major manufacturers,… Continue reading Poonawalla Fincorp Expands into Commercial Vehicle Loan Segment
Mahindra Unveils XUV700 Ebony Limited Edition in India
Mahindra & Mahindra Ltd. has introduced the XUV700 Ebony Limited Edition in India, featuring a distinctive black-and-silver aesthetic. Launched on March 17, 2025, the new variant is priced from ₹19.64 lakh (ex-showroom) and builds upon the standard XUV700 with specialized design elements. The Ebony Edition comes with a Stealth black exterior complemented by brushed silver… Continue reading Mahindra Unveils XUV700 Ebony Limited Edition in India
How firms are putting a new spin on EV motor tech
The problems associated with rare and difficult-to-obtain materials – as used in motors that power electric cars as well as batteries – provide a good reason for focusing on recycling and finding alternatives. Most EVs have permanent magnet synchronous motors (PMSMs), where the rotor has permanent magnets embedded in it that are attracted to a rotating… Continue reading How firms are putting a new spin on EV motor tech
Radical Renault 5 Turbo 3E is ‘mini-supercar’ with 533bhp
The motors draw their power from a 70kWh battery pack that is fitted in a way that optimises agility and offers “spectacular” drift capabilities, claims Renault. It even has a dedicated drift mode and a rally-style vertical handbrake. The battery pack is good for a range of 250 miles, although Renault has admitted that it will… Continue reading Radical Renault 5 Turbo 3E is ‘mini-supercar’ with 533bhp
Turno and ThunderPlus Partner to Build 1 MW EV Charging Network on Indian Highways
Turno and ThunderPlus have formed a strategic partnership to deploy 1 megawatt ultra-fast charging stations along major Indian highways, beginning with the Hyderabad to Vizag route. The collaboration aims to address range anxiety issues and accelerate the adoption of electric buses and heavy commercial vehicles. The initiative is part of ThunderPlus’ ‘One District, One Thunder’… Continue reading Turno and ThunderPlus Partner to Build 1 MW EV Charging Network on Indian Highways
Honda Updates Shine 100 Motorcycle with OBD2B Compliance and New Styling
Honda Motorcycle & Scooter India (HMSI) has released an updated version of its Shine 100 motorcycle that now complies with OBD2B emission regulations and features enhanced styling elements. The 2025 model is priced at Rs. 68,767 (ex-showroom, Delhi) and is currently available at HMSI dealerships nationwide. The refreshed Shine 100 maintains its 98.98cc single-cylinder air-cooled… Continue reading Honda Updates Shine 100 Motorcycle with OBD2B Compliance and New Styling