HYDERABAD, India, Jan. 25, 2023 /PRNewswire/ — Olectra Greentech Limited (OLECTRA), India’s leading electric mobility company, on a standalone basis, has recorded unaudited revenue of Rs 248.6 crores for the quarter ended December 2022, as against Rs 207.1 crores for the corresponding quarter ended December 2021. Olectra Greentech Limited Bus Olectra Greentech Limited Bus This…
Mahindra has opened the order books for the all-electric XUV400 in India. The carmaker had previously announced prices for its all-electric SUV which is available in two variants – EC and EL. Prices for the electric SUV start at Rs 15.99 lakh and go up to Rs 18.99 lakh (ex-showroom). The prices are introductory and…
South Korean carmaker Hyundai, recently launched the new Grand i10 Nios in India and the updated Aura sedan. Now, the carmaker is gearing up for its next product update, the Venue. Although the sub-4 metre SUV saw an update last year that included design updates and the inclusion of the N-Line version, the update for…
Suzuki Motor Corporation announced its Growth Strategy for FY2030. With the motto to deliver “value-packed products” by focusing on the customer, Suzuki will carry out its unique Growth Strategy for FY2030 by operating under the principle of manufacturing “Sho-Sho-Kei-Tan-Bi (Smaller, Fewer, Lighter, Shorter, Beauty)”, “Lean Management” which emphasizes flexibility, agility, and the challenging spirit, and…
Consolidated Revenue ₹ 88.5KCr, up 22.5%, EBITDA at 11.1% (+ 90 bps), EBIT at 4.4% ( +270 bps) JLR Revenue £ 6.0b, up 28%, EBITDA at 11.9% (-10 bps), EBIT at 3.7% (+230 bps) Tata CV Revenue ₹ 16.9KCr, up 22.5%, EBITDA at 8.4% (+580 bps), EBIT at 5.9% (+650 bps) Tata PV Revenue…
~ PLANS TO INVEST EUROS 25 MILLION ON NEW PRODUCT DEVELOPMENT INCLUDING IN-HOUSE E-POWERTRAIN ~ ~ TO UNVEIL ELECTRIC CRUISER MOTORCYCLE SOON ~ Okinawa Autotech, a leading Indian electric two-wheeler manufacturer in strategic development today announced the inauguration of its first Research and Development (R&D) Center in Italy, Europe, in association with its…
With reference to Union Budget 2023 expected on 1st February, please find below the Budget Expectation quote from Kinetic Green “2022 was a significant year for the EV sector in India. The industry saw EVs outnumbering ICE in the three-wheeler sector, a significant rise in sales of EVs, and the initiation of EV component manufacturing…
· Starting with Mumbai, the KTM RC Cup will cover 8 cities · 1000+ participants will compete in nearly 250 races · Participants will race on company-provided KTM RC 390 GP edition motorcycles 24th January 2023, Mumbai – The world’s No. 1 premium motorcycle brand, KTM, has kicked off the KTM RC Cup, India’s largest racing…
New Delhi, January 24, 2023: Sharing his budget expectations, Siddharth Kabra, Co-Founder & CEO – VoltUp, said, “Battery swapping attracts 18% GST while EV has a GST of 5%. I wish the Hon’ble Finance Minister brings the battery swapping GST at par with EV to 5%. This will be a boon for the price sensitive…
Atushi Ogata, MD and CEO of Honda Motorcycle and Scooter India (HMSI), has confirmed that the brand’s first electric scooter will be launched by March 2024. Ogata stated that the bikemaker is developing its electric 2-wheelers in collaboration with Honda Japan and the first scooter should be ready by the end of the current fiscal….
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