The Raptee.HV T 30 electric bike has been launched at Rs 2.39 lakh. What makes this particular machine unique is that it uses a CCS2 charging port that is usually seen only on cars. While the manufacturer hasn’t yet released any information about motor output or battery capacity, it has announced what sort of performance… Continue reading Raptee.HV T 30 e-bike launched at Rs 2.39 lakh, gets CCS2 charging port
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Raptee.HV T 30 e-bike launched at Rs 2.39 lakh, gets CCS2 charging port
The Raptee.HV T 30 electric bike has been launched at Rs 2.39 lakh. What makes this particular machine unique is that it uses a CCS2 charging port that is usually seen only on cars. While the manufacturer hasn’t yet released any information about motor output or battery capacity, it has announced what sort of performance… Continue reading Raptee.HV T 30 e-bike launched at Rs 2.39 lakh, gets CCS2 charging port
Passenger vehicle wholesales flat at 2.08 million units in H1 FY25, UVs grab 64% of PV market
The overall passenger vehicle (PV) segment which comprises hatchbacks, sedans and utility vehicles, as expected, has registered flat wholesales of just 0.5% in the April-September 2024 period. As per the PV OEM dispatch data released by industry body SIAM, all 16 OEMs dispatched a total of 20,81,143 units, just 10,183 units more than they did… Continue reading Passenger vehicle wholesales flat at 2.08 million units in H1 FY25, UVs grab 64% of PV market
Hyundai India flags off $3.3b IPO in country’s largest ever share saleHyundai will not issue new shares in the IPO.
Hyundai India will start taking orders for its $3.3 billion initial public offering in Mumbai on Monday, the company said in regulatory filings, a deal that will be the country’s largest ever share offering and world’s second biggest IPO in 2024. The IPO shows that India’s red hot capital markets show no sign of cooling,… Continue reading Hyundai India flags off $3.3b IPO in country’s largest ever share saleHyundai will not issue new shares in the IPO.
BlackRock, GIC to invest in Hyundai Motor India’s $3.3b IPO: ReportBaillie Gifford and FMR are also looking to participate in the IPO.
BlackRock Inc., Singaporean sovereign wealth fund GIC Pte and Capital Group are among investors that have bid to buy Hyundai Motor India Ltd shares in its $3.3 billion initial public offering next week, Bloomberg reported on Friday, citing people familiar with the matter. The report added that Baillie Gifford and FMR are also looking to… Continue reading BlackRock, GIC to invest in Hyundai Motor India’s $3.3b IPO: ReportBaillie Gifford and FMR are also looking to participate in the IPO.
Auto OEMs anticipate steady growth amidst growth in 2W, PV and Tractors: Report
Auto OEMs anticipate steady growth amidst growth in 2W, PV and Tractors: Report Original Equipment Manufacturers (OEM) under coverage are projecting notable growth in key financial metrics for the upcoming fiscal quarter, according to Axis Securities report. This growth is anticipated to be driven by double-digit volume increases in two-wheelers (2Ws) and low to mid-single-digit… Continue reading Auto OEMs anticipate steady growth amidst growth in 2W, PV and Tractors: Report
Zacks Investment Ideas feature highlights: Denso, Strattec Security, China Yochai, Suzuki and Yamaha
For Immediate Release Chicago, IL – October 10, 2024 – Today, Zacks Investment Ideas feature highlights Denso Corp. DNZOY, Strattec Security STRT, China Yochai International CYD, Suzuki Motor SZKMY and Yamaha Motor’s YAMHF. Don’t Overlook These 3 Japanese Auto Stocks: DNZOY, SZKMY and YAMF Japan is starting to stand out among global auto markets as… Continue reading Zacks Investment Ideas feature highlights: Denso, Strattec Security, China Yochai, Suzuki and Yamaha
Don’t Overlook These 3 Japanese Auto Stocks: DNZOY, SZKMY, YAMHF
Japan is starting to stand out among global auto markets as 3 Japanese auto manufacturers saw their stocks added to the Zacks Rank #1 (Strong Buy) list last week. Seeing a positive trend of earnings estimate revisions here’s a further look at why now is a good time to buy these highly-ranked auto stocks. Automotive… Continue reading Don’t Overlook These 3 Japanese Auto Stocks: DNZOY, SZKMY, YAMHF
Why Cadwell Park is an unsung racetrack hero
Cadwell Park, in Lincolnshire, might be the most atmospheric race circuit in the world. For a while, it was known as the UK’s ‘mini Nürburgring’ – but that’s a bit like calling the late Verne Troyer a mini Vin Diesel. Disrespectful? Absolutely. They may have comparable relative proportions, but surely – and you can call… Continue reading Why Cadwell Park is an unsung racetrack hero
Hyundai to use proceeds from upcoming $3b India IPO for new cars, R&DHyundai is due to launch its IPO—India’s biggest ever—next week.
Hyundai Motor plans to use proceeds from a record $3.3 billion IPO of its Indian unit to enhance its research efforts and develop new cars, aspiring to transform the South Asian country into a manufacturing hub for emerging markets. Hyundai is due to launch its initial public offering—India’s biggest ever—next week. It will set a value… Continue reading Hyundai to use proceeds from upcoming $3b India IPO for new cars, R&DHyundai is due to launch its IPO—India’s biggest ever—next week.