Mahindra Electric Mobility Limited, the EV arm of the home-grown automaker has announced completing merger with its parent company. The two companies had begun the merger process back in April 2021 and received the final NCLT approval on January 13, 2023. Mahindra says that the board undertook the merger to synergise EV development, manufacturing, and…
BANGALORE, India, February 2, 2023 – Yuma Energy (Yuma), a joint venture between Magna, one of the world’s largest automotive suppliers and Yulu, India’s largest shared electric micro�mobility player, showcased today its next generation battery charging and swapping network for electric two-wheelers in India. Yuma has established a network of more than 85 Yuma Stations…
Singapore, February 2, 2023 – In line with its shared commitment towards electrification in the automobile industry, TVS Motor Company, one of the leading global manufacturers of two-wheelers and three-wheelers, announced its association with ION Mobility (ION) today. TVS Motor has entered into an investment agreement with an aim to provide ION the necessary ecosystem…
Gurugram, February 01, 2023: MG Motor India today announced that its retail sales for January 2023 were 4,114 units. With some improvement in the supply chain, production is regaining momentum. However, select variants of the manufacturer still remain impacted. MG has reinforced its commitment to developing a strong EV ecosystem in India through various…
Bangalore, 1st February 2023: Toyota Kirloskar Motor (TKM) today announced that its wholesales stood at 12,835 units for the month of January 2023 thus recording a significant increase of 175% over the same month last year. The company had sold 7328 units in January 2022. Furthermore, the sales achieved in the current month also…
Further to the Budget speech concluded by our Honorable Finance Minister, please find mentioned under the Budget reaction by PRAVAIG Dynamics. This is to be attributed to Siddhartha Bagri, CEO, Pravaig Dynamics. “The Hon. FM balances between ground reality and future global scale opportunities extremely well. Safeguarding India’s markets, while ascertaining access to international…
Hosur, February 01, 2023: TVS Motor Company registered a sales growth of 3% with sales increasing from 266,788 units in the month of January 2022 to 275,115 units in January 2023. Two-Wheeler Total two-wheelers registered a growth of 4% with sales increasing from 254,139 units in the month of January 2022 to 264,710 units in…
Mladá Boleslav, 1 February 2023 – ŠKODA has set two official world ice drift records with the ENYAQ RS iV SUV, the brand’s second all-electric sporting model. The records for the ’Longest Continuous Vehicle Drift on Ice’ and the ‘Longest Continuous Vehicle Drift on Ice (electric car)’, have been verified by GUINNESS WORLD RECORDS. They…
Key highlights from the month: Ather Energy sold 12,149 units in January ‘23, registering a 329% year-on-year growth Rolled out 1,00,000th scooter from Ather’s manufacturing facility Celebrated its first community day where the company rolled out the Atherstack 5.0 software update, new colours and a host of new features Expanded retail presence with the…
The full KTM ADVENTURE family has all the performance and travel/adventure segment-leading features a rider will ever need. Sometimes, however, bikers just want the most effective way to get from ‘A to B’ and with a motorcycle that endlessly invites temptation to an alternative path. This is where the sheer usability and superb power and…
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