Nitin Gadkari proposes GST reduction on hybrid vehicles to promote Green India

Union Minister Nitin Gadkari, in his pursuit to transform India into a green economy, aims to reduce GST on hybrid vehicles and eliminate the...

Just 5% may purchase electric cars this year, most want EVs in the INR...

India few weeks ago approved a new electric vehicle policy to woo foreign investment from companies like Tesla with tax incentives to boost domestic...

ZF Rane Automotive India acquires TRW Sun Steering Wheels 

ZF Rane Automotive India Private Limited, a joint venture between ZF Group in India and Rane Group acquires 100% of the steering wheels manufacturer...

DICV achieves record sales in CY2023; expects MY24 BharatBenz trucks to drive business growth...

Daimler India Commercial Vehicles (DICV), the wholly-owned subsidiary of Daimler Truck AG announced that in CY2023 it has achieved record sales and revenue performance....

ZF rebrands its Passive Safety Systems division to ZF LIFETEC

ZF Group has announced the rebranding of its Passive Safety Systems division to “ZF LIFETEC”. The new branding is part of the current legal...

Government approves new policy to promote India as EV manufacturing hub

In a bold effort to position itself as a global manufacturing hub for electric vehicles (EVs), India has launched a policy to foster domestic...

Pumpumpum, a mobility startup, secures INR 2 crores headed by Inflection Point Ventures

Inflection Point Ventures has announced an investment of INR 2 Crores in Pumpumpum- a Fintech mobility startup. The funds will be allocated for growth...

Hyundai announces pricing for its fully equipped IONIQ 5 N

Hyundai announced pricing for its fully equipped IONIQ 5 N at $66,100, excluding $1,375 freight, setting the new benchmark for engaging, all-electric high performance....

LOHUM secures USD 54 Million in Series B Funding to fuel market expansion globally

LOHUM, India's largest producer of sustainable energy transition materials via battery recycling & raw material refining, and battery repurposing, raised USD 54 Million (₹450...

Delhi takes top spot in car thefts among six metros: Reports Acko

ACKO brings out its second edition of Theft Report ‘Theft & the City 2024’  that reveals a 2X spike in vehicle thefts in India...