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Bajaj Auto plans Rs 500 crore capex for EV business in FY24

Bajaj Auto plans Rs 500 crore capex for EV business in FY24

Shruti Mishra     calendar25 Apr 2023

Overall, the company has lined up a capex of Rs 750 crore for the current fiscal, a part of which will also be spent on debottlenecking exercises to ramp-up its EV component volumes in a bid to meet the rise in demand.

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Mahindra & Mahindra launches its All-New Bolero MaXX Pik-Up range starting at Rs 7.85 lakh (ex-showroom) News
Mahindra & Mahindra launches its All-New Bolero MaXX Pik-Up range starting at Rs 7.85 lakh (ex-showroom)

autherAutocar Professional Bureau calendar25 Apr 2023

The new Bolero MaXX Pik-Up range can be booked at a minimum down payment of Rs 24,999, with Mahindra also offering att...

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MG Motor India eyeing investment into India business Video
MG Motor India eyeing investment into India business

By Mayank Dhingra calendar25 Apr 2023

Although it is managing business continuity by external commercial borrowings and working capital loans, MG Motor Indi...

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MG Motor India eyeing investment into India business Video
MG Motor India eyeing investment into India business

By Mayank Dhingra calendar25 Apr 2023

Although it is managing business continuity by external commercial borrowings and working capital loans, MG Motor Indi...

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CEAT inaugurates its largest truck service hub in Gandhidham News
CEAT inaugurates its largest truck service hub in Gandhidham

autherAutocar Professional Bureau calendar25 Apr 2023

CEAT is set to inaugurate three more such Truck Service Hubs later this month in Maharashtra, Madhya Pradesh, and Karn...

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JK Tyre develops PCR tyre with 80% recycled and renewable material News
JK Tyre develops PCR tyre with 80% recycled and renewable material

autherAutocar Professional Bureau calendar25 Apr 2023

The tyre is developed with highly sustainable materials like natural rubber, bio-attributed SBR and BR, bio-based oil,...

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MAHLE sales up 14% to Euro 12 billion in 2022; eyes significant growth with electrification News
MAHLE sales up 14% to Euro 12 billion in 2022; eyes significant growth with electrification

autherAutocar Professional Bureau calendar25 Apr 2023

In 2022, the technology group received new orders for more than Euro 11 billion, about half of which were not depend...

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Battery Smart completes 10 million swaps News
Battery Smart completes 10 million swaps

autherAutocar Professional Bureau calendar25 Apr 2023

 This is a significant milestone as it validates the increasing acceptance of battery swapping as an innovative clean ...

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Mitsubishi Electric India CNC announces partnership with SolidCAM News
Mitsubishi Electric India CNC announces partnership with SolidCAM

autherAutocar Professional Bureau calendar25 Apr 2023

The partnership agreement was signed between the two entities on April 21, 2033, at the CNC eXPerience Park, the Techn...

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GSRTC starts electric bus services connecting GIFT City News
GSRTC starts electric bus services connecting GIFT City

autherAutocar Professional Bureau calendar25 Apr 2023

The three routes have been worked out considering the growing demand for public transportation, office timings, and en...

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MOST READ

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

 

65.17%

No

 

34.83%

Total Votes : 913