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Ola Electric Implements Job Cuts Amid Cost Reduction Efforts - Report

Ola Electric Implements Job Cuts Amid Cost Reduction Efforts - Report

autherSarthak Mahajan     calendar03 Mar 2025

Ola Electric is laying off over 1,000 employees and contract workers across multiple departments as part of a restructuring plan aimed at reducing costs, improving operational efficiency, and addressing financial challenges following increa...

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Jupiter Electric Mobility Launches JEM TEZ and Opens EV Manufacturing Facility in Indore
Jupiter Electric Mobility Launches JEM TEZ and Opens EV Manufacturing Facility in Indore

autherSarthak Mahajan calendar03 Mar 2025

Jupiter Electric Mobility inaugurated a manufacturing facility in Pithampur, Indore to enhance domestic EV production...

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Magma General Insurance Partners with Hyundai India Insurance Broking for Motor Coverage
Magma General Insurance Partners with Hyundai India Insurance Broking for Motor Coverage

autherAngitha Suresh calendar03 Mar 2025

New partnership expands access to motor insurance for private and commercial vehicle owners.

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Exports Overtake Domestic Sales for Bajaj Auto in Feb
Exports Overtake Domestic Sales for Bajaj Auto in Feb

autherAngitha Suresh calendar03 Mar 2025

The company sold 1.53 lakh two-wheelers outside India, compared to 1.46 lakh in the domestic market.

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Hero MotoCorp Sees Sharp Decline in Feb Auto Sales as Honda Closes in
Hero MotoCorp Sees Sharp Decline in Feb Auto Sales as Honda Closes in

autherAngitha Suresh calendar03 Mar 2025

The company saw a 19.8% year-over-year decline from the 445,257 units sold in February 2024.

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Hero MotoCorp Sees Fall in Dispatches for Fourth Month in a Row
Hero MotoCorp Sees Fall in Dispatches for Fourth Month in a Row

autherKiran Murali calendar03 Mar 2025

Even as retail sales have been on the upswing for the two-wheeler industry, Hero MotoCorp has been seen declines in sh...

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Endurance Technologies Extends Deadline for Voluntary Separation Scheme at Waluj Plant
Endurance Technologies Extends Deadline for Voluntary Separation Scheme at Waluj Plant

autherArunima Pal calendar01 Mar 2025

The extension aims to provide eligible employees additional time to apply.

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Govt Likely to Change Domestic Value Addition Guidelines of EV Manufacturing Policy
Govt Likely to Change Domestic Value Addition Guidelines of EV Manufacturing Policy

By Ashutosh Radhey Shyam and Kiran Murali calendar01 Mar 2025

Sources said the government is also considering lowering the minimum CIF value of electric cars that can be imported a...

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Lumax Auto Technologies Appoints Satish Sundaresan as Chief Technology Officer
Lumax Auto Technologies Appoints Satish Sundaresan as Chief Technology Officer

autherArunima Pal calendar01 Mar 2025

Sundaresan has previously held key positions at prominent organizations, including Mercedes-Benz R&D Pvt. Ltd., Infosy...

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Honda Cars India Domestic Sales Down 27% in February 
Honda Cars India Domestic Sales Down 27% in February 

autherArunima Pal calendar01 Mar 2025

In February 2024, HCIL had sold 7,142 units in the domestic market.

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MOST READ

POLL OF THE MONTH

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Yes

 

71.25%

No

 

28.75%

Total Votes : 160