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India's construction equipment industry defies cooling-off forecast, projects over 20% growth by FY24 end

Shahkar Abidi     calendar14 Dec 2023

The development comes on top of the 26% year-on-year growth that the industry witnessed in FY23, surpassing 100,000-unit sales for the second year in a row.

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Government says no proposals for subsidy on import duty for electric vehicles News
Government says no proposals for subsidy on import duty for electric vehicles

By Kiran Murali calendar14 Dec 2023

The reduction in import tax cut was initially pitched by Tesla, which has plans to make significant investments in Ind...

Audi inaugurates India's first ultra-fast charging station in Mumbai News
Audi inaugurates India's first ultra-fast charging station in Mumbai

autherAutocar Professional Bureau calendar14 Dec 2023

The company has installed over 140 chargers across 73 cities in India, including dealerships and strategic locations a...

Resource-efficient, climate-friendly sodium-ion batteries offer promising technology: Chalmers University News International
Resource-efficient, climate-friendly sodium-ion batteries offer promising technology: Chalmers University

autherAutocar Professional Bureau calendar14 Dec 2023

Researchers from Chalmers University of Technology, Sweden, show that sodium-ion batteries have an equivalent climate ...

Kia to launch its global PBV business at CES 2024 in Las Vegas News International
Kia to launch its global PBV business at CES 2024 in Las Vegas

autherAutocar Professional Bureau calendar14 Dec 2023

Kia’s PBV exhibition will feature five concept models, including its first PBV scheduled for mass production starting ...

Lucid Group CFO Sherry House resigns; Gagan Dhingra named Interim CFO News
Lucid Group CFO Sherry House resigns; Gagan Dhingra named Interim CFO

autherAutocar Professional Bureau calendar13 Dec 2023

Lucid will begin the search for a permanent replacement CFO while Dhingra takes on the interim role.

Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report News
Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report

autherAutocar Professional Bureau calendar13 Dec 2023

This move follows the recent finalisation of Renault's plan to reduce its interest in Nissan.

Panasonic introduces 6-in-1 inertial sensor to enhance automotive safety, performance News
Panasonic introduces 6-in-1 inertial sensor to enhance automotive safety, performance

autherAutocar Professional Bureau calendar13 Dec 2023

The sensors are claimed to be compliant with the highest Automotive Safety Integrity Level (ASIL-D) as defined in the ...

Zypp Electric plans to incorporate 500-1000 Gogoro e-scooters in its fleet News
Zypp Electric plans to incorporate 500-1000 Gogoro e-scooters in its fleet

By Mayank Dhingra calendar13 Dec 2023

The last-mile delivery and logistics fleet services provider aims to expand its fleet size to 100,000 EVs by end-CY26....

Apollo Supply Chain enters into an agreement with Jawa Yezdi Motorcycles to manage logistics across India News
Apollo Supply Chain enters into an agreement with Jawa Yezdi Motorcycles to manage logistics across India

autherAutocar Professional Bureau calendar13 Dec 2023

This collaboration aims at optimising the logistics of Jawa Yezdi Motorcycles, bringing efficiency, and ensuring seaml...