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

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.

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'Indian designers will understand our market:' Pratap Bose Interview
'Indian designers will understand our market:' Pratap Bose

By Renuka Kirpalani, Autocar India calendar11 Jan 2024

Pratap Bose, Chief Design and Creative Officer of M&M Auto and Farm Sector discusses the role of creativity, technolog...

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

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

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EV logistics-tech startup EVIFY raises $1.3 million in pre-Series A funding News
EV logistics-tech startup EVIFY raises $1.3 million in pre-Series A funding

autherAutocar Professional Bureau calendar10 Jan 2024

The aim is to grow the existing fleet from 400 to 4,000 electric bikes by March 2025.

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'World looks at India as important pillar of stability,': PM Modi at Vibrant Gujarat Summit News
'World looks at India as important pillar of stability,': PM Modi at Vibrant Gujarat Summit

autherAutocar Professional Bureau calendar10 Jan 2024

Giving his address at the 10th Vibrant Gujarat Global Summit 2024, Prime Minister Narendra Modi said that India is a d...

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Sundram Fasteners signs Rs 1,411 crore MoU with Government of Tamil Nadu News
Sundram Fasteners signs Rs 1,411 crore MoU with Government of Tamil Nadu

autherAutocar Professional Bureau calendar10 Jan 2024

The planned investment spans up to 2027–2028 and will be used for capacity expansion of existing products, including c...

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Continental introduces world-first face authentication display for vehicles News
Continental introduces world-first face authentication display for vehicles

autherAutocar Professional Bureau calendar10 Jan 2024

Innovative biometric user recognition system enhances vehicle security and convenience.

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Community Chargers key to accelerating EV adoption in India News
Community Chargers key to accelerating EV adoption in India

By Balaje Rajan, TPEM, TMPV calendar10 Jan 2024

With a rapidly increasing share of renewable energy in India’s grid, EVs indicate a roadmap towards net zero mobility....

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Second phase of Arcelor Mittal's Hazira manufacturing plant to be completed by 2029  News
Second phase of Arcelor Mittal's Hazira manufacturing plant to be completed by 2029 

By Shahkar Abidi and Amit Vijay M calendar10 Jan 2024

The development seems significant considering that advanced high-strength steels are an important part of every vehicl...

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POLL OF THE MONTH

Can GST Cuts Give Long-term Boost to Auto Sales?

Can GST Cuts Give Long-term Boost to Auto Sales?

Yes

 

63.62%

No

 

36.38%

Total Votes : 712