Indian truck manufacturers, including Tata Motors and Ashok Leyland, advocated for component-level incentives and long-term asset utilization to boost the effectiveness of the Rs 500 crore PM E-Drive subsidy for electric trucks, during a consultative meeting hosted by the Ministry of Heavy Industries. Leaders from original equipment manufacturers (OEMs) asked the government to undertake programs… Continue reading OEMs propose component incentives for effective utilisation of e-truck Subsidy under PM E-Drive
Tag: Tata
Setco Auto records highest ever revenue in H1FY25 led by strong demand
Setco Automotive Ltd, one of India’s largest Medium and Heavy Commercial Vehicles (MHCV) clutch manufacturers, reported a 10% increase in revenue from operations in Q2 FY25 to Rs 159.9 crore up from Rs 145.7 crore in Q2 FY24. The company’s EBITDA for Q2 FY25 was Rs 26.0 crore, a 104% year-on-year growth from Rs 12.7… Continue reading Setco Auto records highest ever revenue in H1FY25 led by strong demand
Next-gen Jaguar EV prototype teased
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Dealers use toolkit to bolster carbon credentials
Dealer groups have gained Carbon Literate Status having been trained by the Automotive Carbon Literacy Toolkit. “The toolkit contains materials an organisation requires to educate and accredit its employees in Carbon Literacy, including tailored training content, a trainer guide, detailed resources, and dedicated support from a member of the Carbon Literacy Project team. The toolkit… Continue reading Dealers use toolkit to bolster carbon credentials
Blockchain Technology Market to grow by USD 11.05 Billion (2023-2027), driven by rising venture capital investments. Report on AI’s impact on market trends – Technavio
NEW YORK, Nov. 15, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global blockchain technology market size is estimated to grow by USD 11.05 billion from 2023-2027, according to Technavio. The market is estimated to grow at a CAGR of 32.72% during the forecast period. Increasing venture capital funding and investing… Continue reading Blockchain Technology Market to grow by USD 11.05 Billion (2023-2027), driven by rising venture capital investments. Report on AI’s impact on market trends – Technavio
A veteran steps away: Ashish Tandon exits Tata Motors
Ashish Tandon, a seasoned executive and key architect behind Tata Motors’ small commercial vehicle (SCV) strategy, has resigned from his post, sources close to the matter revealed. Tandon, who held the title of Senior General Manager, informed colleagues of his departure through an internal email. Efforts to secure a comment from Tata Motors’ spokesperson went… Continue reading A veteran steps away: Ashish Tandon exits Tata Motors
Renault India announces nationwide Winter Service Camp
Renault India has announced the launch of a nationwide after-sales initiative, the Renault Winter Camp. This service camp will be held from November 18 to November 24, 2024, across all Renault service facilities in India. The camp aims to ensure optimal vehicle performance through a comprehensive 44-point check-up conducted by Renault’s trained technicians. Key… Continue reading Renault India announces nationwide Winter Service Camp
New Jaguar GT caught testing ahead of £130k EV’s 2025 reveal
Jaguar’s radical new future has begun to take shape with its £130,000 electric four-door GT commencing on-road testing ahead of its official reveal in summer 2025. Jaguar is undergoing a huge change – ending UK sales of its entire current range of cars, ahead of a new line-up of high-end luxury electric models – with… Continue reading New Jaguar GT caught testing ahead of £130k EV’s 2025 reveal
Finally: First pictures of 2026 electric Jaguar super-GT revealed
The first car of Jaguar’s new era has finally broken cover as it begins road testing for a 2026 launch, just two weeks before the firm unveils a concept that will set the tone for the design of all its upcoming models. The first all-new Jaguar since the I-Pace was launched in early 2018, this… Continue reading Finally: First pictures of 2026 electric Jaguar super-GT revealed
Tata Motors expands EV presence in Kerala, strengthening electric mobility in India
Tata Motors is increasing its electric vehicle (EV) presence in Kerala, recognizing the state as a vital market for eco-friendly transportation. With Kerala’s growing interest in sustainable mobility, Tata Motors has introduced its EV lineup to the region, aiming to align with both state and national initiatives for reducing carbon emissions. The company’s approach includes… Continue reading Tata Motors expands EV presence in Kerala, strengthening electric mobility in India