Lohum to Scale Up Capacity by 5X in 3 Years

Lohum to Scale Up Capacity by 5X in 3 Years

[ad_1] India's largest lithium-ion battery recycling company, Lohum, is likely to increase its recycling capacity to a whopping 25-30GWh per year by 2027 from the current 5GWh, with new facilities set to launch in southern parts of India starting next...
Toyota Unveils Hilux Black Edition in India with Premium Features and All-Black Design

Toyota Unveils Hilux Black Edition in India with Premium Features and All-Black Design

[ad_1] Toyota Kirloskar Motor (TKM) has announced the introduction of a new Hilux Black Edition in India, featuring an all-black themed design while maintaining the vehicle's renowned toughness and capability. The new variant is priced at Rs. 37,90,000 ex-showroom nationwide...
Amid Allegations, Gensol Engineering Brings Back Former CFO Aga

Amid Allegations, Gensol Engineering Brings Back Former CFO Aga

[ad_1] Gensol Engineering, a prominent player in India's renewable energy sector which is facing allegations of financial improprieties, has announced the re-appointment of Jabirmahendi Aga as its Chief Financial Officer, following the exit of the current CFO. Aga, who previously...
Hyundai Offers Discounts and Freebies on Exter, Venue, i20 and i10 Under Super Delight March

Hyundai Offers Discounts and Freebies on Exter, Venue, i20 and i10 Under Super Delight March

[ad_1] In response to a challenging automotive market, Hyundai Motor India Limited (HMIL) has announced substantial 'benefits' across its popular hatchback and SUV lineup. The "Super Delight March" campaign offers benefits ranging from Rs 35,000 to Rs 55,000 on the...
Tesla Signs Deal for First India Showroom to Sell Imported EVs: Reuters

Tesla Signs Deal for First India Showroom to Sell Imported EVs: Reuters

Electric vehicle giant Tesla has finalized an agreement to establish its first showroom in India, marking a significant step in the company's entry into the world's third-largest automobile market, Reuters reported on Wednesday.According to sources familiar with the matter cited...
US Pushes India to Scrap Auto Tariffs, Tesla Entry in Focus: Reuters

US Pushes India to Scrap Auto Tariffs, Tesla Entry in Focus: Reuters

The United States is pressing India to eliminate tariffs on car imports as part of a proposed trade deal, but India remains cautious about an immediate reduction to zero, according to a Reuters report. India’s high auto tariffs, which can...
Western India: an automotive powerhouse

Western India: an automotive powerhouse

India’s western region, particularly Maharashtra and Gujarat, has always been an important hub in the country’s automotive industry. The western region's strategic location, robust infrastructure, skilled workforce, and conducive business environment have collectively made it a magnet for both domestic...
Use of on-board chargers in EVs: Enhancing consumer experience

Use of on-board chargers in EVs: Enhancing consumer experience

In recent years, the global automotive landscape has witnessed a significant surge in the adoption of EVs, indicating a growing confidence among consumers in this eco-friendly mode of transportation. This trend underscores the informed decision-making process of individuals who recognise...
Analysts forecast 35 percent growth for MHCVs supported by a 14 percent rise in capital outlay in Budget 2023

Analysts forecast 35 percent growth for MHCVs supported by a 14 percent rise in capital outlay in Budget 2023

In its assessment of the impact on the medium and heavy commercial vehicle (MHCV) sector from Budget 2023, rating firm CRISIL has said that sales in the sector are expected to rise 35-37 percent year-on-year this fiscal, on a low...
Allocation of Rs 300 crores provision for hydrogen infrastructure in Budget 2023 not enough say industry experts

Allocation of Rs 300 crores provision for hydrogen infrastructure in Budget 2023 not enough say industry experts

Of the total commitment of Rs 19,700 crore for the National Green Hydrogen Mission, Rs 300 crore has been allocated for hydrogen infrastructure in Budget 2023. Industry experts, including those from rating agency CRISIL, are saying that this amount is...
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