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Punjab announces Rs 300 crore incentive to promote use of EVs: Report

autherAutocar Professional Bureau     calendar22 Jun 2023

These incentives will be provided on electric two-wheelers, e-cycles, e-rickshaws, e-autos and electric light commercial vehicles.

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Tummoc raises US$ 1 million in pre-Series A funding, led by Inflection Point Ventures News
Tummoc raises US$ 1 million in pre-Series A funding, led by Inflection Point Ventures

autherAutocar Professional Bureau calendar22 Jun 2023

The funds acquired will be utilised in MaaS (Mobility as a service) implementation for Bengaluru and Delhi, with plans...

Carlyle is looking to offload a 2.53% stake in Delhivery: Report News
Carlyle is looking to offload a 2.53% stake in Delhivery: Report

autherAutocar Professional Bureau calendar22 Jun 2023

This block transaction will see the PE firm exit its entire remaining shareholding in the logistics firm.

Mercedes AMG launches new SL 55 at Rs 2.35 crore News
Mercedes AMG launches new SL 55 at Rs 2.35 crore

By By Soham Thakur, Autocar India calendar22 Jun 2023

Now in its seventh generation, the SL technically replaces the S-Class cabriolet, the AMG GT Roadster and the sixth-ge...

Tata Motors Finance extends Rs 25 crore structured credit facility for BluSmart Mobility’s EV fleet expansion News
Tata Motors Finance extends Rs 25 crore structured credit facility for BluSmart Mobility’s EV fleet expansion

autherAutocar Professional Bureau calendar22 Jun 2023

The said credit facility is offered in the form of an umbrella financing cum lease solution that will enable BluSmart ...

CUMI appoints Sridharan Rangarajan as MD News
CUMI appoints Sridharan Rangarajan as MD

autherAutocar Professional Bureau calendar22 Jun 2023

Sridharan succeeds N Ananthaseshan who will be retiring and stepping down as a Director, at the close of business hour...

Hyundai Motor partners with Culture Convenience Club to offer personalised zero emission vehicle lifestyle News International
Hyundai Motor partners with Culture Convenience Club to offer personalised zero emission vehicle lifestyle

autherAutocar Professional Bureau calendar22 Jun 2023

With the accelerated transition to electrification, Hyundai Motor and CCC's strategic partnership aims to expand the n...

Ashok Leyland partners with IDBI Bank for providing Channel Finance facilities News
Ashok Leyland partners with IDBI Bank for providing Channel Finance facilities

autherAutocar Professional Bureau calendar22 Jun 2023

The e-Supply Chain Financing solution will enable Ashok Leyland's dealers to access working capital easily and quickly...

Auto component makers to see around 10-12% revenue growth, says Crisil News
Auto component makers to see around 10-12% revenue growth, says Crisil

By T E Narasimhan calendar22 Jun 2023

Revenue from OEMs is expected to grow 12-14% this fiscal, backed by continued strong demand from almost all segments b...

Fifteen EV makers test StoreDot’s fast-charging battery cells, report game-changing performance News International
Fifteen EV makers test StoreDot’s fast-charging battery cells, report game-changing performance

autherAutocar Professional Bureau calendar22 Jun 2023

Tests saw OEMs from Europe, Asia and the US reach an energy density greater than 300Wh/kg, at a charging rate higher t...