MG Motor India aims to boost sustainable mobility by introducing MG Comet EV and MG ZSEV to Prestige Group. New Delhi: MG Motor India, a British automobile brand with a 99-year-old legacy, Mondy announced its collaboration with the Prestige Group, leading real estate developers, to set up 100 EV chargers at its prominent properties in… Continue reading MG to install 100 EV chargers at leading Prestige Group properties in Bengaluru
Tag: Strategy
Goal is to provide affordable green hydrogen as alternative to traditional fuels, says Mukesh Ambani
“Considering the collective potential of our five giga factories, we are well on track for establishing a world class, self-sufficient green energy ecosystem.” Reliance Industries Limited (RIL) aims to provide affordable green hydrogen as a viable alternative to traditional fuels, said Chairman Mukesh Ambani in Ambani in RIL’s integrated annual report 2022-23 released on Sunday.… Continue reading Goal is to provide affordable green hydrogen as alternative to traditional fuels, says Mukesh Ambani
India poised to become a global hub for automotive component manufacturing
The Indian Auto Component Inc.’s cumulative growth in the last five years has touched 4.1 percent, with the rate of growth (5.7%) in exports being double that of imports, thereby helping reduce the trade deficit, which, in FY19 was pegged at US$ 2.5 billion. However, with the aggressive push of global automakers to de-risk their… Continue reading India poised to become a global hub for automotive component manufacturing
Tata Motors partners with South Indian Bank to offer an exclusive financing programme for authorised passenger EV dealers
Tata Motors has joined hands with South Indian Bank, to extend an exclusive Electric Vehicle Dealer Financing Program and offer comprehensive retail financing solutions to all customers. The MoU for this partnership was signed by Ramesh Dorairajan, Senior General Manager – Network Management and EV Sales, Tata Motors Passenger Vehicles and Praveen Joy, Head, Transaction… Continue reading Tata Motors partners with South Indian Bank to offer an exclusive financing programme for authorised passenger EV dealers
RAMP Global and IIISLA to digitise automotive insurance claim reporting and management in India
RAMP Global and the Indian Institute of Insurance Surveyors & Loss Assessors (IIISLA), promoted by IRDAI, have signed an exclusive agreement on automotive insurance claims. This strategic collaboration will transform the national landscape of insurance claims processing by implementing RAMP’s pioneering cloud-based technology into IIISLA’s operations. Ramp Global is a digital platform providing garage management software and other softwares to digitally transform… Continue reading RAMP Global and IIISLA to digitise automotive insurance claim reporting and management in India
MG Motor India and Prestige Group join hands to strengthen Community EV charging infrastructure in Bengaluru
MG Motor India has collaborated with real estate developer Prestige Group, to set up 100 EV chargers across all the real estate developer’s properties in Bengaluru. MG Motor India aims to boost sustainable mobility by introducing MG Comet EV and MG ZSEV to Prestige Group, where the real estate firm’s management and employees will utilise… Continue reading MG Motor India and Prestige Group join hands to strengthen Community EV charging infrastructure in Bengaluru
ATI Announces Proposed Senior Notes Offering
DALLAS, Aug. 7, 2023 /PRNewswire/ — ATI Inc. (NYSE: ATI) announced today its intention to offer $400 million aggregate principal amount of a series of senior notes (the “Notes”), subject to market and other conditions. ATI intends to use up to approximately $300.0 million of the net proceeds to fund its pension liabilities and to… Continue reading ATI Announces Proposed Senior Notes Offering
SANY Engineering Vehicles Unveils New Range of Intelligent New Energy Dump Trucks
CHANGSHA, China, Aug. 6, 2023 /PRNewswire/ — SANY Engineering Vehicles Business Division, (“SANY Engineering Vehicles”) a department of SANY Group (“SANY”) focusing on the production of new energy vehicles, has unveiled its entire range of new products, injecting fresh energy into the new energy dump truck sector. The upgraded models aim to provide more intelligent… Continue reading SANY Engineering Vehicles Unveils New Range of Intelligent New Energy Dump Trucks
Gogo Announces Second Quarter Results
Updates 2023 Financial Guidance and Long-Term Targets Second Quarter Revenue of $103.2 million, up 6% Year-over-Year; Net Income of $89.8 million; and Adjusted EBITDA(1) of $44.1 million, up 7% Year-Over-Year BROOMFIELD, Colo., Aug. 7, 2023 /PRNewswire/ — Gogo Inc. (NASDAQ: GOGO) (“Gogo” or the “Company”), the world’s largest provider of broadband connectivity services for the… Continue reading Gogo Announces Second Quarter Results
‘Baby Defender’ to join JLR’s compact SUV lineup by 2027
The move to introduce new Defender models is reflective of JLR’s ambition to separate each of its core brands – Jaguar, Discovery, Range Rover and Defender – into four distinct product lines. As part of this separation, which comes under the brand’s so-called ‘House of Brands’ retail strategy, the Defender strapline will be ‘embrace the… Continue reading ‘Baby Defender’ to join JLR’s compact SUV lineup by 2027