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Lectrix EV to supply 500 EVs to Jumppers for its green fleet

autherAutocar Professional Bureau     calendar29 May 2024

Lectrix EV will also provide a cutting-edge battery swapping infrastructure to augment Jumppers' logistics operations.

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Euler Motors closes Series C Funding, raises Rs 200 crore

autherAutocar Professional Bureau calendar29 May 2024

Euler Motors will utilise the fresh infusion of capital to scale its pan-India presence and servicing infrastructure a...

M&M to invest Rs 5000 crore in Farm business till FY27

By Ketan Thakkar calendar29 May 2024

The company spends about Rs 1000 crore annually on building products, adding capacity, and maintaining plants. An addi...

MG Motor India and HPCL partner to enhance EV charging network

autherAutocar Professional Bureau calendar29 May 2024

The collaboration focuses on providing convenience to EV users by increasing the availability of EV chargers during th...

Mitsubishi Electric and Aisin to set up JV for EV components

autherAutocar Professional Bureau calendar29 May 2024

The JV will develop, produce and sell traction motors, power converters and their control software, which will be opti...

Minda Corp order book reaches all-time high in FY24

By Shruti Mishra calendar29 May 2024

The order wins in FY24 included multiple first-time-ever orders for new technology products across ICE and EV segments...

Volkswagen gets working on affordable entry-level EV for Europe

autherAutocar Professional Bureau calendar29 May 2024

Volkswagen is going to rely on a high degree of localisation in Europe to develop compact, inexpensive EVs in the pric...

Talbros Automotive revs up expansion as capacity hits peak

By Shahkar Abidi calendar28 May 2024

The company has taken up a new premise on rent in Chakan, in Pune and the supplies are expected to kick start beginnin...

Amara Raja FY24 net profit up 24% YoY; Q4 profit grow 62%

By Kiran Murali calendar28 May 2024

For the financial year 2024, the battery maker posted a net profit of Rs 905.9 crore, while its fourth-quarter net pro...

Rico Auto Industries expands footprint with land acquisition in Hosur

By Shahkar Abidi calendar28 May 2024

The development comes amidst declining sales in FY24; finds solace in enhanced businesses from Maruti Suzuki and Toyot...