Honda Motorcycle & Scooter India sells 329,393 units in May 2023
The company’s total sales for the month stood at 329,393 units, including domestic sales of 311,144 units and exports of 18,249 units.
Perfect Industries (india)
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Government reopens semiconductor incentive scheme, invites applications
The window for applicants will be open from June 1 and will be kept open till the appropriate resources are there and the government gets good applications, MoS Rajeev Chandrasekhar.
MG Motor India reports sales of 5006 units for the month of May 2023
MG Motor India, today announced its retail sales figures for the month of May 2023. With 5006 units sold, the company has witnessed a growth of 25 % over the same month last year (YOY). MG India remains optimistic about growth and meeting the rising customer demand through various ongoing and planned production and operational initiatives.
Honda Motorcycle and Scooter India opens BigWing in Panvel, Maharashtra
It will be an exclusive one-stop sales and service center for Honda big bikes, the company said.
Affordable Robotic and Automation posts 89% rise in PAT to INR 4.48 cr for FY
Affordable Robotic and Automation Limited (ARAPL), one of the leading automotive project-based line builders, automated multilevel car parking system providers and warehousing automation solution providers in India, continued its growth momentum and posted revenue of INR 113 crore in FY 23.
Chips have become the backbone of vehicles
Cars talking to each other, talking to home appliances, talking to the service bay at the workshop, talking to the OEM for diagnostic solutions – these are not the future, these are already here. And as cars increasingly become computers on wheels, the demands on semiconductors are growing.
Renault India achieves milestone of 9 lakh sales
Renault India is one of the youngest and fastest carmakers to achieve this feat. Renault India has attained this significant milestone by offering an innovative and disruptive product portfolio, persistent commitment towards customer satisfaction, network expansion, rural-focused strategy, and pioneering marketing initiatives.
Future refineries in India may be smaller capacity: Hardeep Singh Puri
"Refineries are high cost. We are looking at a large number of 20 million tonnes per annum, smaller ones, because if I make it too big than land acquisition and other issues come in the way," Puri told reporters on the sidelines of an industry event.
Log9 Materials with Quantum Energy launches E2W ‘Bzinesslite’
InstaCharged by Log9, ‘Bzinesslite is India’s fastest-charging 2-wheeler commercial electric vehicle (CEV). It is powered by Log9’s RapidX 2000 batteries, enabling it to go zero to zip within 12 minutes, the company said.
Credent launches India's largest Electric Vehicle (EV) Healthcare Delivery Fleet
The company's commitment to sustainability doesn't end with the fleet itself. They are also actively exploring partnerships with renewable energy providers to source electricity from clean energy sources. By doing so, Credent aims to further reduce their environmental impact and create a truly sustainable healthcare delivery ecosystem.
Builders offer EV charging units in housing complexes in Jaipur
“Electric vehicles are the future. Soon you would find more electric vehicles in a residential complex than vehicles driven on petrol, diesel or CNG. Many real estate developers have started installing charging units for electric vehicles at their upcoming residential projects,” said Dhirendra Madan, a real estate developer and the president of Confederation of Real Estate Developers’ Association of India (CREDAI), Rajasthan.
MG Motor India introduces Advanced Gloster Blackstorm for INR 40.30 lakh
This exclusive special edition comes in an elegant and deep Black hue, adding a clear touch of distinction to the vehicle. The Advanced Gloster Blackstorm captivates with its dynamic aesthetics, featuring bold sporty elements and striking red accents on the bodywork, the company said.
Dual use of autorickshaws for cargo and passenger transport feasible: WRI India
Dual utilization of autorickshaws can not only overcome supply gaps in the freight ecosystem but can also provide an additional source of income to autorickshaw drivers, reports WRI India in a research paper titled ‘Assessing the Viability of Using Autorickshaws for Urban Freight Delivery in India’.
AP bets on renewable energy to meet goals
The annual energy consumption in the state has increased by over 31 per cent in the last six years – from 50,077 million units in 2017-18 to 65,830 MU in 2022-23. The power utilities met the all-time high per-day energy demand of 251 MU on May 18.
Nissan introduces Magnite Geza Special Edition at INR 7.39 Lakhs
The Magnite Geza offers a combination of an advanced infotainment system, power packed performance, advanced features and safety enhancements that will redefine journeys for the discerning Indian customer. The Special Edition is inspired by Japanese theatre and its expressive musical themes.
Tesla steps to revive India plans for projected capacity expansion
The India rethink is said to be the result of Tesla's plans to make 20 million electric cars a year by 2030, an exponential jump from 1.3 million sold last year. Musk has also stated that to reach this goal it will require ten to a dozen-odd gigafactories around the world- from just five located in the US, China, and Germany.
BP, Petronas in race to invest in Greenko founders’ new platform
Discussions have advanced with both parties and Greenko is expected to select one of the two energy majors for now, the people mentioned above added. Once concluded, this will be the biggest overseas investment in a green ammonia and hydrogen project till date in India.
Gensol Engineering ltd appoints Amit Kumar as CEO of EV leasing business
With his leadership skills and expertise, along with a team of experienced professionals in the leasing industry, Amit aims to drive the growth of Gensol's EV leasing business.
BP, Petronas in race to invest in Greenko founders’ new platform
Discussions have advanced with both parties and Greenko is expected to select one of the two energy majors for now, the people mentioned above added. Once concluded, this will be the biggest overseas investment in a green ammonia and hydrogen project till date in India.
Oil India doubles down on drilling, EOR to boost output
Oil India, which reported a record-high profit of Rs 6,810 crore for 2022-23, increased its oil production by 5.5% to 3.18 million metric tonnes (mmt) and gas output by 4.4% to 3.18 billion cubic meters (bcm) during the year. The growth is on top of the output expansion that has gone into offsetting the natural decline in matured fields, chairman and managing director Ranjit Rath said.
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