Tag: JLR

Asia to spend over USD 20bn on EVs: Report

EV adoption in India will progress with model launches that bring prices more in line with ICE models and with improving charging infrastructure. South and South East Asia will spend more than USD 20 billion in building electric vehicles in the next few years, says a latest report by S&P Global Ratings. According to the… Continue reading Asia to spend over USD 20bn on EVs: Report

Jaguar no longer sells any new cars in UK as F-Pace axed from line up

New Jaguar F-Pace SUVs are no longer available in the UK, meaning the brand no longer sells any new cars in the market and won’t until its first next-generation model arrives in 2026. This follows the UK market axing of the XE, XF and F-Type, made at Castle Bromwich, and the E-Pace and I-Pace, assembled by Magna Steyr in… Continue reading Jaguar no longer sells any new cars in UK as F-Pace axed from line up

Verax AI Raises $7.6M in Seed Funding

Verax AI, a Dallas, TX- and Tel Aviv, Israel-based provider of enterprise-grade software solutions, raised $7.6M in Seed funding. The round was led by TQ Ventures with participation from Concept Ventures, Cardumen Capital, Seedcamp, InMotion Ventures, and XTX Ventures. The company intends to use the funds to accelerate its go-to-market processes and increase awareness. Founded… Continue reading Verax AI Raises $7.6M in Seed Funding

Its bumper Diwali for carmakers in 2024, amid a slow year

Carmakers’ decision to build up inventory ahead of the festive season is paying off, with passenger vehicle registrations reaching a record 425,000 units as of October 29, according to Vahan data. The record marks a 27% increase from last year’s daily registration rate in October, with the potential to approach 450,000 units by the month’s… Continue reading Its bumper Diwali for carmakers in 2024, amid a slow year

Greaves Retail’s ambitious push to rival automotive parts giants, become ‘Grainger of India’

Greaves Retail, a modest but highly profitable arm of the 165-year-old Greaves Cotton, is steadily making its mark in India’s organized automotive and industrial spare parts chain market. Amidst limited competition, the company harbors ambitions to rival global distribution giants such as Grainger Inc., a NYSE-listed parts supply business leader in the U.S, Japan and UK. As a multi-brand,… Continue reading Greaves Retail’s ambitious push to rival automotive parts giants, become ‘Grainger of India’

Tata Nexon with panoramic sunroof available from Rs Rs 13.60 lakh to Rs 15.60 lakh

Tata Motors has silently introduced a panoramic sunroof-equipped Nexon on more trims, including those powered by the petrol and diesel engines, not too long after it introduced the feature on the CNG model. The petrol and diesel-powered Tata Nexon now get a panoramic sunroof on the top-spec Fearless + PS trim, while the Nexon CNG… Continue reading Tata Nexon with panoramic sunroof available from Rs Rs 13.60 lakh to Rs 15.60 lakh

Maruti eVX production version reveal on November 4

The final production-spec version of Maruti’s highly anticipated eVX will make its global debut in Milan, Italy, on November 4. This underscores the eVX’s importance as a global product for parent company Suzuki, as a significant portion of the made-in-India EV’s production has been marked for export to Europe and Japan. The Maruti eVX will… Continue reading Maruti eVX production version reveal on November 4

Can India overcome the economic challenges of higher generation ethanol?

India’s ambitious push towards ethanol blending has hit a roadblock. The 2G ethanol production programme, once touted as a game-changer, is now facing significant challenges due to high production costs. While the government’s ambitious target of 20% ethanol blending by 2025 remains, the economic viability of 2G ethanol production is increasingly coming under scrutiny. The… Continue reading Can India overcome the economic challenges of higher generation ethanol?