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Remsons Industries Acquires 51% Stake in Electric Three-Wheeler Maker Astro Motors

Remsons Industries Acquires 51% Stake in Electric Three-Wheeler Maker Astro Motors

autherAngitha Suresh     calendar09 Apr 2025

The Rs. 14.22 crore acquisition marks Remsons' entry into the growing electric vehicle market, targeting the expanding last-mile delivery segment with Astro's geared EV technology.

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Rural India trumps urban markets in FY2025 Analysis Sales
Rural India trumps urban markets in FY2025

By Ajit Dalvi calendar08 Apr 2025

The strong performance of rural markets has helped a resilient India Auto Inc register retail sales of 26.14 million u...

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Three-Wheeler Retail Sales Momentum Falters in March 2025 News
Three-Wheeler Retail Sales Momentum Falters in March 2025

autherShruti Shiraguppi calendar07 Apr 2025

The monthly growth data for three-wheelers reveals a concerning downward trend in the latter half of FY2025, with thre...

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Exclusive: UP, Maharashtra, Karnataka and Tamil Nadu drive double-digit EV sales growth in FY2025 Analysis Sales
Exclusive: UP, Maharashtra, Karnataka and Tamil Nadu drive double-digit EV sales growth in FY2025

By Ajit Dalvi calendar07 Apr 2025

The top seven states cornered 64% of record India EV retail sales of 1.96 million units with five registering high dou...

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Electric 3W industry scales new high in FY2025 but misses 700,000 milestone by 900 units Analysis Sales
Electric 3W industry scales new high in FY2025 but misses 700,000 milestone by 900 units

By Ajit Dalvi calendar04 Apr 2025

The electric three-wheeler segment, which commands the highest level of transition to e-mobility, has clocked its best...

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Atul Auto Reports 18% Growth in March 2025 Sales, Achieves 30.62% Rise for FY25 News
Atul Auto Reports 18% Growth in March 2025 Sales, Achieves 30.62% Rise for FY25

autherArunima Pal calendar01 Apr 2025

Internal combustion (IC) engine three-wheelers continued to be the company's strongest segment, with sales jumping 32....

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EV sales grow 17% to 1.96 million in FY2025, 2- and 3Ws, cars and SUVs hit new highs Analysis Sales
EV sales grow 17% to 1.96 million in FY2025, 2- and 3Ws, cars and SUVs hit new highs

By Ajit Dalvi calendar01 Apr 2025

March 2025 with 203,074 zero emission vehicles wraps up another fiscal of growing sales for India EV Inc. With 19,64,8...

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Maharashtra registers retail sales of 2,602 EVs and 10,900 vehicles on Gudi Padwa Analysis Sales
Maharashtra registers retail sales of 2,602 EVs and 10,900 vehicles on Gudi Padwa

By Ajit Dalvi calendar31 Mar 2025

As per state-wise new vehicle registration data on the Vahan portal, Maharashtra clocked retail sales of 10,897 vehicl...

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Hero MotoCorp Ventures into e-3W Market with Rs. 525 Crore Investment in Euler Motors News
Hero MotoCorp Ventures into e-3W Market with Rs. 525 Crore Investment in Euler Motors

autherArunima Pal calendar20 Mar 2025

The Rs. 525 crore investment will consist of a mix of primary and secondary transactions. The primary investment will ...

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Bajaj Auto to Invest Rs 1,500 crore in NBFC Arm in FY26 News
Bajaj Auto to Invest Rs 1,500 crore in NBFC Arm in FY26

autherDarshan Nakhwa calendar19 Mar 2025

The additional investment will be made either in the form of equity capital, preference capital, or subordinated debt,...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

65.17%

No

 

34.83%

Total Votes : 913