Swapnil Jain, Co-founder and chief technology officer at Ather Energy is of the opinion that the two wheeler industry will not require incentives beyond a couple of years. “I don’t think beyond a couple of years we would need incentives,” Jain told Autocar Professional on the sidelines of the Symposium on International Automotive Technology (SIAT), an event… Continue reading Incentives for e-2W not needed beyond a couple of years: Ather Energy’s Swapnil Jain
Category: US Motoring Press
Okaya EV installs high-capacity chargers for Ayodhya Water Metro Project
Okaya EV has successfully commissioned high-capacity EV chargers for the Ayodhya Water Metro Project, a move aimed at boosting sustainable and efficient transportation for religious tourism. Equipped with 150 kWh CCS2 Super-Fast EV chargers, these stations support the eco-friendly boats operating between Guptar Ghat and Naya Ghat. The water metro service, managed by Cochin Shipyard… Continue reading Okaya EV installs high-capacity chargers for Ayodhya Water Metro Project
Toyota Kirloskar Motor to showcase advanced green technologies at Bharat Mobility Global Expo 2024
Toyota Kirloskar Motor (TKM) is set to participate in the Bharat Mobility Global Expo 2024, showcasing its advanced green technology lineup. The pavilion will feature battery electric and strong hybrid electric vehicles, fuel-cell electric vehicles, electrified flexi fuel vehicles, and CNG vehicles. Vikram Gulati, Country Head and Executive Vice President, Toyota Kirloskar Motor, speaking on… Continue reading Toyota Kirloskar Motor to showcase advanced green technologies at Bharat Mobility Global Expo 2024
CEAT reports Rs 181.3 consolidated net profit in Q3FY24 on healthy volumes
CEAT Limited reported a consolidated net profit of Rs 181.3 crore during Q3 FY24 as against Rs 34.8 crore reported in Q3FY23, translating into a year-on-year jump of 420.2%. On the other hand, the company’s operating revenues on other had increased by 8.7% to Rs 2,963.1 crore in Q3 FY24 in comparison to Rs 2,727.2… Continue reading CEAT reports Rs 181.3 consolidated net profit in Q3FY24 on healthy volumes
Volumes, realisation drive 37% YoY growth in Bajaj Auto’s Q3 net profit
Bajaj Auto Ltd today reported a 37 percent year-on-year growth in its standalone net profit for the October-December quarter as higher sales volume on a low base and a richer product mix helped the company improve its margins during the period. Net profit, operating profit, and revenue from operations during the quarter were the highest… Continue reading Volumes, realisation drive 37% YoY growth in Bajaj Auto’s Q3 net profit
Volumes, realisation drive 37% YoY growth in Bajaj Auto’s Q3 net profit
Bajaj Auto Ltd today reported a 37 percent year-on-year growth in its standalone net profit for the October-December quarter as higher sales volume on a low base and a richer product mix helped the company improve its margins during the period. Net profit, operating profit, and revenue from operations during the quarter were the highest… Continue reading Volumes, realisation drive 37% YoY growth in Bajaj Auto’s Q3 net profit
TVS Motor Company’s net profit jumps 68% to Rs 593 crore in December quarter
TVS Motor Company’s profit after tax for the third quarter of FY24 was at Rs 593 crore, a 68% jump versus the Rs 353 crore PAT the company saw in the quarter last year, on a YoY basis. The company’s operating revenue grew by 26% at Rs 8,245 crore for the quarter ended December 2023… Continue reading TVS Motor Company’s net profit jumps 68% to Rs 593 crore in December quarter
TVS Motor Company’s net profit jumps 68% to Rs 593 crore in December quarter
TVS Motor Company’s profit after tax for the third quarter of FY24 was at Rs 593 crore, a 68% jump versus the Rs 353 crore PAT the company saw in the quarter last year, on a YoY basis. The company’s operating revenue grew by 26% at Rs 8,245 crore for the quarter ended December 2023… Continue reading TVS Motor Company’s net profit jumps 68% to Rs 593 crore in December quarter
Montra Electric launches Super Auto three-wheeler with 155km range
Montra Electric, EV brand of the Tamil Nadu-based Murugappa Group today launched its new Super Auto in Tirunelveli and handed over the first 10 units to customers. The Montra Super Auto, which is equipped with a 10kW lithium-ion battery, has an ARAI-certified range of 203 kilometres and an on-range of 155 +/- 5km for full charge. Montra… Continue reading Montra Electric launches Super Auto three-wheeler with 155km range
Montra Electric launches Super Auto three-wheeler with 155km range
Montra Electric, EV brand of the Tamil Nadu-based Murugappa Group today launched its new Super Auto in Tirunelveli and handed over the first 10 units to customers. The Montra Super Auto, which is equipped with a 10kW lithium-ion battery, has an ARAI-certified range of 203 kilometres and an on-range of 155 +/- 5km for full charge. Montra… Continue reading Montra Electric launches Super Auto three-wheeler with 155km range