Browsing: News
Ola Electric, the leading name in India’s electric two-wheeler market, has made a significant stride by introducing its inaugural range of electric motorcycles. Revealing the new lineup, Ola Electric CEO Bhavish Aggarwal presented three innovative models: the Roadster X, Roadster, and Roadster Pro.
Classic Legends, backed by Anand Mahindra and the custodian of the historic British motorcycle brand BSA, has launched the BSA Gold Star 650cc in India at an enticing price of Rs 2.99 lakh. This move aims to make a significant impact in the competitive 45,000-unit market segment for 500-800cc bikes in the country.
Jawa Yezdi Motorcycles has rolled out the latest edition of its popular retro roadster, the Jawa 42, in India, priced at ₹1.73 lakh (ex-showroom). This 2024 model brings substantial updates, particularly in its engine performance and aesthetic appeal.
BMW M GmbH is expanding its offering in the high-performance segment and, at the same time, pushing ahead with the electrification of its model range. The new BMW M5 Touring combines standout dynamics on the road and track with variable-use interior space for everyday jobs, leisure activities, and trips away.
Honda Motor and Nissan Motor are among the Japanese automakers building supply chains for recycled plastic, Nikkei has learned, to make their vehicles greener and comply with expected new European regulations.
Toyota Motor North America (TMNA) announced executive leadership changes as David Wilson, group vice president and president of TRD, U.S.A. (Toyota Racing Development), will retire on December 16 after 35 years with the organization. General Manager Tyler Gibbs will succeed Wilson as president of TRD, a subsidiary of Toyota Motor North America (TMNA).
On August 8th, 2024, TUV Rheinland and the International Centre for Automotive Technology (ICAT) Manesar signed an MoU to collaborate on cutting-edge automotive technologies.
Maruti Suzuki India Limited, India’s leading automobile manufacturing company, today commenced export of its ‘Made-in-India’ SUV Fronx to Japan. Fronx will be the first SUV from Maruti Suzuki to launch in Japan. The landmark milestone celebrates the spirit of ‘Make in India’ initiative and echoes national pride.
Euler Motors unveiled its commercial EV manufacturing and R&D facility in the industrial hub of Palwal, Haryana. Spanning 5 lakh sq. ft., the plant has a production capacity of 36,000 vehicles annually. Built with an investment of Rs 100 crore, the factory will serve as Euler Motors’ national manufacturing hub, catering to the rising demand for its 3W HiLoad EV from across the country. as the company plans to expand its footprint from 26 to 40 cities by FY25.
Ather Energy, a prominent name in the Indian electric two-wheeler industry, has successfully raised $71 million (INR 600 crore) from its long-time investor, the National Investment and Infrastructure Fund (NIIF). This investment values the company at $1.3 billion.