Monthly Archives: October, 2023

Oil Prices Dip Over $2 Amid Reduced Middle East Concerns and Weaker U.S. Demand

Global oil prices experienced a significant drop of over $2 per barrel on Thursday, driven by diminishing fears of a wider Middle East conflict...

Renault Group’s EUR 3 Billion Investment for Global Expansion and Electric Vehicles

French automaker Renault has unveiled its "International Game Plan 2027" in Rio De Janeiro, Brazil, committing a substantial investment of EUR 3 billion to...

Sona Comstar Delivers Strong Q2 FY24 Results and Expands into Electric Vehicles

Sona BLW Precision Forgings Ltd. (Sona Comstar), a prominent mobility technology company specializing in systems and components for electrified and non-electrified powertrains, announced robust...

Ola Electric Raises INR 3,200 Crores for EV Business and Gigafactory

Ola Electric, India's leading electric vehicle (EV) company, has successfully concluded a funding round, raising INR 3,200 crores through equity and debt. The funding...

Bluwheelz accelerates nationwide expansion with innovative franchisee model

Bluwheelz, a leading Electric Vehicle (EV) Fleet-as-a-Service company, through their innovative franchise model, is looking forward to setting a remarkable milestone by making their...

Porsche Confirms 2023 Outlook Amid Luxury Sector Challenges

Porsche, the luxury carmaker, reported nine-month results consistent with its annual forecast but sounded a note of caution, emphasizing that the luxury sector is...

DriveX announces attractive festive offers

DriveX, India’s largest renewed 2-wheeler Buyer & Seller is spreading the festive cheer with a bouquet of incredible offers designed to delight its customers this...

Wardwizard Signs Rs. 2,000 Cr MOU with Gujarat Govt for EV Advancement

Wardwizard Innovations & Mobility Ltd., a leading manufacturer of electric vehicles under the ‘Joy e-bike’ brand in India, signed a Memorandum of Understanding (MOU)...

Toyota Kaushalya Trainee earns distinction in AITT, felicitated by Government of India

Celebrating the recognition of its skilling efforts, Toyota Kirloskar Motor (TKM) recently announced a prestigious honour bestowed upon one of its Toyota Kaushalya trainees,...

PMI Electro Mobility secures Rs 250 Cr investment from Piramal Alternatives

PMI Electro Mobility, the leading electric bus manufacturer, has secured a strategic investment of INR 250 Cr from Piramal Alternatives, the fund management business of...
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