So here we are with a £185,000, four-seat electric cabriolet that will do 0-62mph in 2.8sec – as fast as the Ferrari 296 GTB, despite the fact that it weighs 2.4 tonnes. How does that translate to UK roads? Well, despite the vaguely nauseating headline figures, the Grancabrio is an enjoyable GT. Forget the outright pace. Between the adaptive air… Continue reading Maserati GranCabrio Folgore
Category: US Motoring Press
Skoda previews Kodiaq-sized electric seven-seater for 2026
Skoda will launch a new electric seven-seater to rival the Kia EV9 next year as the flagship of its expanding line-up of bespoke EVs. Previewed today as part of the Czech brand’s 2024 results presentation – in which it outlined record sales and profits – the new model will be evolved from 2022’s bold Vision… Continue reading Skoda previews Kodiaq-sized electric seven-seater for 2026
Skoda Octavia EV to be previewed with concept in September
However, there are no plans to launch a Skoda version of the recently unveiled Volkswagen ID Every1 concept car, which will arrive as an entry-level VW electric city car in 2027 and be priced from around £17,000. “We have decided not to be part of that segment,” said Zellmer. “Within the Volkswagen Group, VW [will… Continue reading Skoda Octavia EV to be previewed with concept in September
Shivam Autotech Secures Rs 40 Crore Corporate Term Loan
Shivam Autotech, a part of the automotive component manufacturing sector, supplies precision components to various vehicle manufacturers. Shivam Autotech Limited has approved a corporate term loan of Rs 40 crore aimed at part-refinancing existing debt and enhancing working capital requirements, according to a regulatory filing submitted to stock exchanges today. Shivam Autotech, a part of… Continue reading Shivam Autotech Secures Rs 40 Crore Corporate Term Loan
Shivam Autotech Secures Rs 40 Crore Corporate Term Loan
Shivam Autotech, a part of the automotive component manufacturing sector, supplies precision components to various vehicle manufacturers. Shivam Autotech Limited has approved a corporate term loan of Rs 40 crore aimed at part-refinancing existing debt and enhancing working capital requirements, according to a regulatory filing submitted to stock exchanges today. Shivam Autotech, a part of… Continue reading Shivam Autotech Secures Rs 40 Crore Corporate Term Loan
Gensol Engineering Announces Rs. 600 Crore Fund-Raise to Improve Financial Position
Gensol Engineering Limited (NSE: GENSOL) has announced plans to raise Rs. 600 crore through a combination of Foreign Currency Convertible Bonds (FCCBs) and warrants issued to promoters. The initiative, approved by the company’s Board of Directors, aims to enhance financial stability and reduce debt. As part of the fund-raising plan, Rs. 400 crore will be… Continue reading Gensol Engineering Announces Rs. 600 Crore Fund-Raise to Improve Financial Position
Jupiter Wagons Expands Beyond Railways, Sets Sight on e-LCV Segment
Jupiter Wagons, which is a key supplier of wheels, axles, rolling stock, and braking systems—tailored for the high-speed rail segment, has partnered EA GreenPower to form Jupiter Electric Mobility to leverage technology synergies in the commercial EV segment. The company has marked its foray into the EV segment with its 1-tonne e-LCV with a high-voltage… Continue reading Jupiter Wagons Expands Beyond Railways, Sets Sight on e-LCV Segment
India Needs Rs 2500 Crore Investment to Achieve 5% Biodiesel Blending by 2030: Ind-Ra
India Ratings and Research (Ind-Ra) has projected that achieving the government’s 5% biodiesel blending target by 2030 will require an investment of Rs 2500 Cr. The economic feasibility of this target depends on the development of a robust supply chain and government incentives, such as tax subsidies, to improve uptake by oil marketing companies (OMCs).… Continue reading India Needs Rs 2500 Crore Investment to Achieve 5% Biodiesel Blending by 2030: Ind-Ra
Altmin to Set Up India’s First LFP Cathode Giga-Factory with Rs 750 Crore Investment
Altmin Private Limited has announced the establishment of India’s first Lithium Iron Phosphate (LFP) cathode giga-factory, with an investment of ₹750 crore. The foundation stone for the facility was laid at Divitipally, marking a step towards strengthening India’s battery materials manufacturing sector. The new plant will have an initial production capacity of 8 GWh,… Continue reading Altmin to Set Up India’s First LFP Cathode Giga-Factory with Rs 750 Crore Investment
NueGo Introduces India’s First Electric Sleeper AC Bus for Intercity Travel
NueGo, the electric intercity bus service by GreenCell Mobility, has introduced India’s first electric AC sleeper bus service. The launch marks a step towards sustainable long-distance travel, with operations planned across key routes in the country. The newly introduced sleeper buses will operate on major intercity routes, including Delhi–Amritsar, Bangalore–Chennai, Hyderabad–Rajahmundry, Chennai–Madurai, Vijayawada–Visakhapatnam, and… Continue reading NueGo Introduces India’s First Electric Sleeper AC Bus for Intercity Travel