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CHARGE ZONE Secures Commitment from British International Investment to Accelerate EV Charging Network Expansion in India

Vadodara, India, 30th April 2024 – CHARGE ZONE, India’s fastest-growing electric vehicle (EV) charging network, announced that it has secured a $19 million commitment from British International Investment (BII), the UK’s development finance institution (DFI) and impact investor. This investment marks a pivotal milestone in CHARGE ZONE’s mission to revolutionize electric vehicle infrastructure in India. With this…

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Royal Enfield Unveils the Nirvik V2 Riding Jacket

Mumbai, 30th April 2024: Royal Enfield, the global leader in the mid-size (250-750cc) motorcycle segment, today introduced the newest addition to its Apparel business, with the Nirvik V2 Riding Jacket. Engineered for top-notch functionality, and safety, this all-weather adventure touring jacket is well-equipped to offer vital protection and comfort on rough terrains, allowing riders to…

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Piaggio India Disrupts Electric 3-Wheeler Market with Game-Changing ‘Battery Subscription Model’ for a Post-subsidy World

Pune, India – April 30, 2024 – Piaggio Vehicles Pvt Ltd (PVPL), a subsidiary of the Piaggio Group and a leading Indian manufacturer of small commercial vehicles and electric three-wheeler (3EV) pioneers, has announced a groundbreaking “Battery Subscription Model” for its Apé Elektrik electric 3Ws. Unleashing a New Era for EV Ownership This innovative program…

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Exclusive: Bajaj Auto Limited: Update and plans

Bajaj Auto Limited reported record-breaking financial performance in FY24, achieving new highs in revenue, EBITDA, PAT, and free cash flow. The company’s domestic and export businesses performed well, with strong growth in the motorcycle, 3-wheeler, and electric vehicle segments. #RecordPerformance #GrowthLeaders Key highlights: #BajajAuto #Q4FY24Results #IndustryLeaders #SustainableGrowth

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Mahindra launches the XUV 3XO – the ‘New Disruptor’ in compact SUVsPrices start at ₹ 7.49 Lakh

Disrupting the category: The XUV 3XO disrupts with 6+1 key pillars:o Turn on Design:▪ Bold, athletic silhouette that commands attention▪ Ivory colour interiors wrapped with a Soft touch leatherette dashboard anddoor trimso SUV Command Seating:▪ Best-in-class forward visibility of 23.7°that matches with XUV 700▪ Command seating position with eye level at 1398 mm above the…

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Kinetic Green appoints Debashis Mitra as President of 3-Wheeler Business

Pune, April 29, 2024 – Kinetic Green Energy and Power Solutions Limited, a leading manufacturer of electric two and three-wheelers in India, announced the appointment of Mr. Debashis Mitra as the President of the 3-wheeler Business. With a distinguished career spanning over three decades in the Indian automotive sector, Mr. Mitra brings invaluable expertise and…

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India Automotive News Roundup – April 29, 2024

Automotive Industry Updates: April 2024 Tata Motors Inaugurates New Commercial Vehicle Spare Parts Warehouse in Guwahati Tata Motors, India’s largest commercial vehicle manufacturer, announced the inauguration of a new commercial vehicle spare parts warehouse in Guwahati. The state-of-the-art facility spans across 1 lakh square feet, stocking spare parts for the entire commercial vehicle portfolio, enabling…

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