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

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…

Read More

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…

Read More

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…

Read More
Exclusive: Bajaj Auto Limited: Update and plans

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

Read More
BluSmart crosses INR 500 Crore ( Million) in Annual Run Rate  

BluSmart crosses INR 500 Crore ($60 Million) in Annual Run Rate  

Gurgaon, India, April 30, 2024 – BluSmart, India’s leading eMobility ride-hailing service and EV Charging Infrastructure network, today announced that it has crossed Annual Run Rate (ARR) of INR 500 Crore ($60 Million) achieving 102% growth over previous year. BluSmart’s gross business value (GBV) witnessed phenomenal growth, delivering a CAGR of 300% over the last…

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

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…

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

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…

Read More
India Automotive News Roundup – April 29, 2024

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…

Read More