Page 134 - Auto

Hero Electric looks to raise nearly Rs 2,000 crore to drive expansion

The company is not looking for mergers and acquisitions, but is open to having a strategic investor who can bring some technical expertise

KTM chief says scope of electric vehicle mobility highly overrated

'The whole scope and capability of the concept of electric vehicle mobility is highly overrated. It's the result of mixing the laws of physics incorrectly and also by mis-reading the laws of energy'

Auto parts firm Stanadyne to invest Rs 200 crore for second plant

Stanadyne's only plant in India is in Chennai and it employs about 700 people

Hero MotoCorp commences delivery of electric scooter VIDA V1 in Jaipur

VIDA currenty has experience centres in Bengaluru and Jaipur, and pop-up stores in Delhi-NCR, where customers can test ride VIDA V1

Auto Expo 2023 witnesses turnout of 636k visitors after a 3-yr hiatus: SIAM

Auto Expo 2023 was led by the automakers such as Maruti Suzuki, Hyundai, Tata Motors, Kia India, Toyota Kirloskar, and MG Motor India

Maharashtra govt approves M&M proposal to set up Rs 10k-cr EV plant in Pune

The two sides signed an agreement to this effect at the World Economic Forum in Davos on Wednesday, M&M Ltd said in a statement

Exports of Grand Vitara commence; first shipment goes to Latin America

Maruti Suzuki India aims to export the model to more than 60 countries across Latin America, Africa, Middle East, ASEAN and neighboring regions

India's auto sector to grow at high single digit in FY2023-24: ICRA

The two-wheeler industry continues to struggle with industry volumes still below the pre-covid peak levels

Price war comes to EVs as Tata makes Nexon cheaper after M&M's new launch

Tata says the move was taken after the company received benefits from additional locations, government initiatives, and production efficiency

Maruti Suzuki recalls 17,362 units to fix faulty airbag controller

The affected models are Alto K10, S-Presso, Eeco, Brezza, Baleno and Grand Vitara, manufactured between December 8, 2022 and January 12, 2023

Tata launches Nexon EV MAX XM at Rs 16.49 lakh; to hit market by April 2023

The automaker has also enhanced the range of its MAX variants to 453 km on a single charge

Ola Electric Profitable on Unit Sales: Chief marketing and revenue officer

"Through volume numbers and unit sales one can see, we are not making a loss," says Anshul Khandelwal

Sundram Fasteners wins $250 mn international contract to supply EV parts

Company will invest Rs 200 cr support order it says is the largest for an Indian firm in the product range

Indian consumers concerned about residual value of EV battery: Survey

Public opinion growing in favour of EV as consumers want to save money on fuel: Deloitte

Maruti Suzuki's car transportation through rail doubles in five years

Automaker's rail share of logistics rises to 17 per cent

Tata Motor's Mission 2045: Electric, flex-fuel and hydrogen ICE

"Battery electric, hydrogen fuel cell and hydrogen ICE, could be the three technologies which have the potential of being zero emission and that are what we will have to work on," said Girish Wagh

Auto firms have foot on price pedal, even as commodity costs tail off

Between March 31 last year and January 13 this year, the prices of raw materials such as Aluminium, Copper and Tin have decreased at the London Metal Exchange

Maruti Suzuki transported record 320,000 units via railways in 2022

Maruti Suzuki India said it transported over 320,000 vehicles using Indian railways last year, its highest ever dispatch in a calendar year

Triton EV to acquire AMW Motors' Bhuj manufacturing plant for Rs 210 crore

Triton EV will use the facility for producing EV busses, EV trucks, EV cars and Hydrogen busses as well

Maruti Suzuki hikes vehicle prices by 1.1% across models, 2nd rise in FY23

In December last year, the company had said it would hike prices of its vehicles to offset the impact of rising input costs