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India could potentially sell over 10-12 million two wheelers by 2028 says Tarun Mehta, CEO Ather Energy

autherAutocar Professional Bureau     calendar11 Jan 2024

Mehta expects the new products and network expansion to boost EV penetration.

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Euler Motors appoints Anal Vijay Singh as VP Manufacturing & Plant Head

autherAutocar Professional Bureau calendar11 Jan 2024

Singh will lead the cutting-edge facility in Palwal, Haryana, and focus on seamless tech integration, manufacturing, a...

Toyota to roll out solid-state battery EVs globally in some years: Report

autherAutocar Professional Bureau calendar11 Jan 2024

"We are rolling out an electric vehicle with solid state batteries in a couple of years from now," Vikram Gulati, coun...

Simmtech Holdings to invest Rs 1,250 crore for semiconductor ecosystem in Gujarat

By Kiran Murali calendar11 Jan 2024

The company has facilities in Japan, China and Korea.

Government targets Rs 25 lakh crore for auto sector as part of USD 5 trillion economy goal

By Shahkar Abidi and Amit Vijay M calendar11 Jan 2024

The development assumes significance given that the Central government announced in February last year that it aims to...

NIIF’s India-Japan Fund to invest Rs 400 crore at Rs 6,600 crore valuation in Mahindra Last Mile Mobility

autherAutocar Professional Bureau calendar11 Jan 2024

The investment in MLMML will be IJF's first investment after the fund was set up in August  2023.

JLR India achieves 93% YoY growth in record sales in first 9 months of FY24

autherAutocar Professional Bureau calendar11 Jan 2024

The company has also reported three consecutive quarters of record sales, selling 3,582 units and experiencing a year-...

Sulajja Firodia Motwani bats for five-year 'demand-generation scheme' to maintain EV momentum

By Amit Vijay M and Shahkar Abidi calendar11 Jan 2024

A 'five-year demand-generation scheme' is needed keep momentum going to take EV penetration from 5 to 25 percent.

Maruti Suzuki to kick off exports of EVs to Japan and Europe in 2024 ahead of India launch

By Ketan Thakkar and Amit Vijay M calendar11 Jan 2024

The company will be exporting Rs 750 crore of lithium ion batteries for hybrid vehicles.

Kia to offer ride hailing PBVs to drivers on the Uber platform

autherAutocar Professional Bureau calendar11 Jan 2024

Kia plans to develop and offer PBVs tailored for Uber drivers; the specialised PBVs will offer innovative mobility imp...