Monthly Archives: January, 2024

REC Limited & Bank of Baroda sign MoU to facilitate loans

REC Limited, a Maharatna CPSE under the Ministry of Power, Govt. of India, signed a Memorandum of Understanding (MoU) with Bank of Baroda. This...

Ducati to launch 8 new models for India in 2024; bookings open at dealerships

Premium bike maker Ducati has announced its new model launch plan for the year 2024. The bike maker will be launching eight new models...

Jitendra EV unveils ‘PRIMO,’ India’s first transparent electric vehicle at Rs. 79,999

A first-of-its-kind electric scooter has just made its debut in the Indian market by foraying into a whole new category of transparent transportation. The...

BYD concludes 2023 with record 3 mn annual sales, leading global NEV market

BYD has concluded 2023 with record-breaking sales volume, which surpasses the 3 million annual sales target and becomes the global new energy vehicle (NEV)...

The 5th edition of ACMA Automechanika New Delhi gets even bigger and better 

Bringing together 500+ exhibitors from 12 countries, the 5th edition of ACMA Automechanika New Delhi is geared up once again to bring the complete...

Hyundai opens bookings for new Creta at INR 25,000

Hyundai Motor India Ltd. (HMIL) announced the commencement of bookings for the highly anticipated new Hyundai Creta. Customers can book the vehicle with an...

Guwahati takes the green route with 100 Tata Motors electric buses

Tata Motors has supplied 100 electric buses to Assam State Transport Corporation (ASTC). The 9-metre, air-conditioned Tata Ultra electric buses that will ply on...

Ola Electric becomes first Indian 2W EV company to receive PLI certification

Ola Electric has become the first 2W EV company to receive certification under the Production Linked Incentive (PLI) Scheme for automobiles and auto components....

Fisker delivers first Fisker Ocean Sport to customer

Fisker Inc., delivered the first Fisker Ocean Sport electric SUV to a UK customer at the Fisker Lounge London. “We are thrilled to deliver the...

Govt extends tenure of PLI scheme for Automobile industry by a year with partial amendments

The government has extended the tenure of Production Linked Incentive (PLI) Scheme for Automobile and Auto Components by one year with partial amendments. In a...
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