Ola Electric’s IPO-Fueled Cell Production and EV Expansion
In anticipation of its impending IPO, Ola Electric Mobility Ltd has unveiled a strategic blueprint that earmarks a substantial portion of its INR 5,500-crore...
Revfin secures $14 million in Series B funding round led by Omidyar Network
Revfin, the leading digital lending platform committed to transforming sustainable mobility and promoting financial inclusion in India, successfully concluded its Series B funding round,...
Over Two Dozen New Models Set to Ignite 2024 Sales Record
As the final curtain falls on 2023, the Indian automotive landscape revs up for a year of excitement, innovation, and record-breaking sales. The stage...
Government plans to extend FAME II scheme to FY25
The government is considering the extension of the second leg of its flagship incentive scheme for manufacturing electric vehicles (EVs) into the next financial...
Talbros Automotive Components to divest entire 40% stake in Nippon Leakless Talbros
Auto component manufacturing company Talbros Automotive Components Limited (TACL), which makes parts like gaskets, heat shields, forgings, suspension systems, anti-vibration products and hoses, recently...
SIDBI grants INR 12.45CR to ETO Motors to deploy 300 Electric 3-Wheelers in Delhi...
The Small Industries Development Bank of India (SIDBI) has granted INR 12.45 CR to ETO Motors to deploy 300 Electric 3-Wheelers (E3W) in Hyderabad...
Electrifying 2023: Electric two-wheelers unveiled this year
This year has been a remarkable one for two-wheeler enthusiasts, especially those inclined towards electric vehicles (EVs). The electric scooter and motorcycle market witnessed...
Indian Auto Component Industry registers 12.6% growth in the first-half of 2023-24
Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry announced the findings of its Industry Performance Review...
HCIL announces special support to flood-affected car owners in Chennai
Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars announced Special Service Support for all flood-affected Honda car owners in Chennai.
In response...
Pre-Booking Opens for Most-Premium Compact SUV Sonet
Kia, India's leading mass premium carmaker, announced the commencement of bookings for the New Sonet from December 20, 2023. The most premium value Compact...