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Auto retail sales far from growth trends; FADA sceptical about any immediate recovery New Delhi: Passenger vehicle registrations saw year-on-year growth to 2,63,152 units in May 2022, owing to healthy demand and single digit cancellations due to waiting periods, says the data shared by Federation of Automobile Dealers ... |
follow- up with the Andhra Pradesh Transport Ministry, the state has now migrated vehicle registration to Vahan. While this has happened towards the end of May, full month numbers will only come later. The only states remaining are Telangana, Madhya Pradesh and Lakshadweep. With this Vahan now covers 91.6% RTOs across ... |
China uses vulnerability of sanction-hit Russia to buy cheap oil After several governments in the West imposed economic sanctions on Russia after it invaded Ukraine, Russian offered discounts on its oil and China grabbed the offer. When some foreign governments and companies imposed sanctions, Russia was left with fewe... |
"As this relationship develops, Russia's position will become weaker, hence China will be pushing for higher discounts on Russian oil and gas exports", he added. The is expected to impose further sanctions on Russia in the coming December. It is expected to include a ban on insurance for tankers transporting Russian oi... |
Red Sea Crisis: No disruption in oil flows to India, only freight up: HPCL head The ongoing attacks on shipping vessels by militants in the Red Sea have not impacted the flow of crude oil to India but freight has gone up due to rerouting via the , (HPCL) chairman said. India, the world's third-biggest oil importer, get... |
to the rerouting of a voyage through the Cape of Good Hope instead of going through the Suez Canal, shipments from India to the US will take an additional 10-14 days, while shipments from Europe/the Mediterranean will take 20-25 days. |
Second-hand markets in adjoining states, lack of parking spaces behind Delhi vehicle thefts: Police Non-availability of , casual attitude of owners towards anti-theft precautions and accessibility of second-hand markets in neighbouring states are among the major factors responsible for motor vehicle thefts in the capit... |
Tesla steps to revive India plans for projected capacity expansion A senior delegation, mostly from its supply chain function, met the Union officials in New Delhi, and, it is believed, executives of a Mumbai-based EV manufacturer, over a two-day visit last fortnight, according to a business daily. Tesla's tryst with h... |
Latin America, 3 where governments are pushing for aggressive electrification. Tesla has to do cost engineering, not feature engineering, which is what it is used to doing. Global manufacturers such as Daimler and even others have tried to do it but failed," a senior executive of a leading automaker with EV plans, said... |
Tesla could learn from the experience of Apple, which was initially snubbed by the government for its proposal to sell second-hand refurbished mobiles in India. Since then, after months of tough negotiations, it has become a model of the PLI scheme. Source: Business Standard |
Tesla blamed drivers for failures of parts it long knew were defective Shreyansh Jain was ecstatic in March when he picked up his first , a brand-new 2023 . He used a sizable chunk of family savings to buy it with cash. "We were over the moon!" said Jain, an electronics engineer in Cambridge, England. His exuberance ca... |
me, like me or are indifferent, do you want the best car, or do you not want the best car?" Tesla's handling of suspension and steering complaints reflects a pattern across Musk's corporate empire of dismissing concerns about safety or other harms raised by customers, workers and others as he rushes to roll out new pro... |
suspension connections, such as upper and lower control arms, and fore and aft links. These parts are relatively inexpensive for Tesla and largely invisible to most consumers. But they play a critical role in safely connecting a car's axle and wheels to its body and steering apparatus. Two more complex and expensive pa... |
company, which after the claim hiked his rates sharply on another car he owned, he said. Fed up with the ordeal, Jain sold the repaired Tesla - for about USD 10,000 less than the USD 55,000 he paid for it. "I lost complete confidence in the car," he said. RECALLING PARTS IN CHINA - BUT NOT IN THE U.S. The Tesla records... |
prospects. During the fourth quarter of 2018, Tesla paid nearly USD 500 for repairs, on average, for every Tesla in operation at the time, service engineers were told in a series of memos. In total, an April 2019 memo noted, Tesla's repair business lost USD 263 million in the quarter because of the high volume of warra... |
based in France, expressed alarm that the part had a "high failure rate" despite a redesign. In an analysis written for other engineers, he noted that many customers were dissatisfied at paying for the repairs in newer vehicles. At the time, about 5% of the 12,858 Model S and Model X vehicles on the road in Tesla's sou... |
on fore-link failures, including any reports of fires related to the part breaking. Such a part failure could cause a fire if the battery, which is embedded in the floor of Tesla vehicles, scrapes the ground, said Michael Brooks, executive director at the Center for Auto Safety, a consumer advocacy group. Suspension pa... |
managers and technicians in Norway, the country with the most Teslas per capita, said in interviews that they were inundated with angry customers complaining of early control-arm failures. They said that tension increased as the automaker, starting in 2017, told service employees to push the cost of the frequent and re... |
SUV vibrated severely, especially under acceleration. He called the multiple replacements "insane" in a car that new: "Have you ever heard of anybody having to replace the axles when you didn't have an accident?" Tesla engineers heard about it quite a lot, company records show. One repair analysis showed the company re... |
and stability control stopped working. Two weeks later, a Model Y driver near White Plains, New York, told service technicians: "I cannot drive the car. None of the power functions work." When NHTSA started its investigation into power steering in late July, it did so on the basis of complaints from 12 drivers. Tesla h... |
ElectricPe opens mobility centres in Bengaluru to ease EV ownership , a leading electric vehicle (EV) solutions player, has opened virtual and physical mobility centres to simplify . At these stores or via the ElectricPe App, customers can identify and test drive electric two-wheelers (E2Ws) from a wide variety of OEM ... |
Uniform tax on small, big cars will not augur well for auto industry growth: Maruti Suzuki Chairman New Delhi: The regulatory burden is the highest on , a key segment of the Indian and having a uniform tax structure across all segments of vehicles will not augur well for the sector growth, according to India Chairman R... |
kind of tax bracket". "You can't grow an automobile industry with 50 per cent taxation. Where in the world has an industry like automobiles grown with 50 per cent taxation, but it's the wisdom of the policymakers and the political leadership," Bhargava noted. He said that compared to developed markets like and Japan, w... |
Maruti Suzuki Subscribe has over 10,000 customers New Delhi: has crossed the milestone of 10,000 new car Subscription sales since its inception in July 2020, signalling a growing demand for tailor-made car buying options. , Senior Executive Officer, Marketing and Sales, India Limited, said, “Since its introduction, the... |
Safeguarding connected cars from cybersecurity threats In an age where technology seamlessly integrates into various aspects of our lives, the concept of has become increasingly prevalent. These modern vehicles boast an array of features aimed at enhancing convenience, safety, and connectivity. However, along with thes... |
measures. Invest in a Comprehensive Cyber Insurance Policy: Despite best efforts, cybersecurity incidents can still occur. To mitigate the financial repercussions of potential cyber attacks or data breaches, consider investing in a robust cyber insurance policy specifically tailored for smart cars. Such policies can pr... |
Review privacy policies and settings to understand what data is being collected, how it is used, and with whom it is shared. Opt-out of data collection practices that are unnecessary or intrusive to maintain control over your personal information. Practice Safe Driving Habits: Encourage safe driving habits to mitigate ... |
UK seeks customs duty concessions on EVs in FTA with India The UK has sought customs duty concessions on exports of electric vehicles to India under the proposed free trade agreement ( ), which is under negotiations, an official said. However, the official said, no decision has been taken so far on the issue. There is ... |
Complaints about car financing, insurance race up UK ombudsman's in-tray Britain's Financial Ombudsman Service ( ) said on Thursday that complaints about financing and insuring cars have spiked as claims management firms pile in with "speculative" claims that are mostly rejected. FOS, which handles complaints that peop... |
A second life for EV batteries? Depends how long the first is Global automakers have touted plans to re-use electric vehicle (EV) batteries when they lose power, but competition for battery packs and cell materials, and the appetite for affordable cars cast doubt on this part of the circular economy. An array of startu... |
Rimac. Although more energy- and therefore carbon-intensive, recycling also presents another form of competition to re-use as demand for cell materials makes it economically compelling. "The big question is, if you have pretty valuable raw materials in a battery and you ask 'how can I get the most out of it?' the answe... |
up with bus companies wanting to go electric. They buy the buses, but Zenobe buys and manages the battery, then takes it for second-life energy storage. Since 2017, Zenobe has raised around USD 1.2 billion in debt and equity funding. It owns 435 megawatt-hours of batteries in around 1,000 electric buses in the UK, Aust... |
Indian refiners pay traders in dirhams for Russian oil NEW DELHI: have begun paying for most of their purchased via Dubai-based traders in United Arab Emirates instead of US dollars, four sources with knowledge of the matter said. While Western sanctions against Moscow are not recognized by , and purchases of Russian o... |
unit of Russian oil major Lukoil. Everest Energy and Litasco did not respond to requests for comment. India's oil secretary last month said Indian companies were not facing any problems in paying for Russian oil as the latest actions by the West do not impact the trade settlement mechanism. Also Read: |
EV insurance market is expected to grow at a CAGR of over 40% New Delhi: The tectonic shift towards non-ICE (Internal Combustion Engine) vehicles in the market escalated the demand for electric vehicles (EVs) in India. Automobile manufacturers have accepted the transition (ICE to EV) with the launch of several models l... |
the normal service cost is nil in electric vehicles when compared to traditional ICE vehicles. However, as infrastructure for EVs expands, these costs are expected to decrease over time, says , Head – Motor Product, Digit General Insurance. However, in the event of damage or flooding, it's important to note that most o... |
of the EV insurance market in India, Chheda from TATA AIG said, it is expected to grow at a CAGR (Compound Annual Growth Rate) of over 40% in the future. However, it's crucial to note that this projection is contingent on the rate of EV adoption, as the growth rate is sensitive to the prevailing trends in electric vehi... |
Vision 2047: Mega plan for building highways soon India could soon roll out a new mega construction programme, in line with Narendra Modi-led NDA government , replacing Pariyojana to enhance connectivity in the country. The proposed programme will clearly spell out parameters for eligibility criterion of roads to be id... |
Red Sea disruptions ring India alarm bells The targeted strikes by the and the on militia have increased the worry for policymakers as the disruption around has now begun to impact supply chains apart from making shipping schedules erratic. While the commerce department is working on an inter-ministerial consultation n... |
Russian insurance shores up oil exports to top buyer India are playing a growing role facilitating the country's shipments to India, its biggest buyer, data obtained from trade and shipping sources shows, helping to protect Moscow's export revenue despite western sanctions. Russian firms provided insurance cover for 60... |
Global automakers such as General Motors, Volkswagen face electric shock in China If global automakers think they can extend their dominance in China into the electric era, they may be in for a shock. Kings of the combustion age such as and are falling behind local players in the booming electric vehicle (EV) market in... |
that some brands "could disappear in three to five years" in China. "Local brands are becoming stronger," said Uchida, who was formerly Nissan's China chief, adding that the quality of EVs from Chinese makers had improved rapidly, with advances being made in the space of months. "There will be a lot of transformation i... |
the first three months of this year. It said it was deploying smart technologies including hands-free driver assistance on highways, "aviation-grade" cyber security and over-the-air software updates. AUTOBAHN SPEED? Volkswagen, which is spending around $55 billion globally on EVs by 2026, launched its new-generation of... |
Next leg of ‘Name Your Skoda’ campaign for new compact SUV begins New Delhi: Skoda Auto India has ushered in the New Era with the announcement of the all-new compact SUV. Taking a stride further into the New Era with user engagement and involvement, the company has also announced ‘ ’, a campaign where participants cont... |
cast votes for the shortlisted names and also suggest new ones if not done already. Participants can also share their favourite name with #NameYourSkoda on Facebook, Instagram or X (formerly Twitter) channels. The winner of this naming contest stands the opportunity of owning this all-new Skoda compact SUV - being one ... |
Kia presents global EV strategy, 3 new models at ‘EV Day’ in Korea, set to be held annually Kia Corporation Thursday unveiled three new small- to medium-sized electric models at the brand’s annual Day in Korea, reaffirming its ambitious global strategy to lead and accelerate the ‘EV revolution’. During the event, the b... |
Kia’s DNA lies our promise to offer more advanced sustainable mobility solutions that improve people’s lives,” he said. The brand’s goal is to achieve an annual sales target of one million electric vehicles by 2026 and increase it to 1.6 million units per year by 2030, driven by the products and initiatives revealed to... |
the brand’s unique design philosophy ‘Opposites United’, it combines exceptional versatility and outstanding comfort with advanced technology, dynamic performance, and pioneering safety to deliver a harmoniously balanced vehicle. The EV5 features an interior that completely reimagines the vehicle’s interior space. Draw... |
in the great EV transition, we have quickly expanded our EV line-up beyond the EV6 and EV9 to include a variety of small- and medium-sized models such as the EV5. Our competitive, growing EV line-up will accelerate the popularization of electric vehicles and provide consumers with more options from which to choose,” Sp... |
EV3: The Concept EV3 represents the brand’s vision for an electric compact CUV that effortlessly blends practicality with the sheer joy of driving. It offers users the technology, practicality and design of Kia’s flagship SUV, the EV9, in a compact and accessible form. While those qualities might seem incompatible to s... |
folding bench-type rear seat is equally flexible and can be effortlessly folded upward, allowing for storing bulky luggage such as electric scooters and bicycles. The Kia Concept EV4: Redefining the essence of the EV sedan The Concept EV4 represents the purity of the ‘Power to Progress’ pillar of the ‘Opposites Untied’... |
a more relaxed ambience for reflection and restoration. Expanding charging infrastructure Looking to help address the ongoing challenge of reliable and available charging infrastructure, the brand is actively expanding global charging networks. In North America, Kia has announced its decision to adopt the North America... |
tailored to specific regions, enabling personalized consultations and test drives aligned with each area's unique characteristics. Kia is set to embrace generative AI technology to revolutionize the in-vehicle experience, including partnering with top generative AI model providers to roll out innovative services. This ... |
Oil falls on China growth concerns even as EU weighs Russia import ban MELBOURNE- fell on Monday in holiday-sapped trade in Asia as concerns about slowing economic growth in China, the world's top oil importer, outweighed fears of potential supply disruptions from a looming European Union ban on Russian crude. fell $1.... |
Japan may buy Russian oil from Sakhalin-2 to secure LNG supply: PAJ head may buy Russian crude from the Sakhalin-2 oil and gas project, if needed, to secure a stable supply of liquefied natural gas ( ), the president of the (PAJ) said on Wednesday. But , in general, is not necessary for a stable supply to and Japanese ... |
Japan's Nikkei pressured by drop in chip stocks, China worries Japanese stocks on Wednesday retreated from the one-week highs hit in the previous session, weighed down by an overnight drop in and lingering worries over China's COVID-19 situation. By mid-day, in thin year-end trading, the Nikkei Average was down 156.91 ... |
Truckers and subsidies rev up interest in fuel cell vehicles Interest in using hydrogen fuel cells to power and vans is getting a boost from fleet operators looking for a more practical alternative to electric vehicles and rising government aid, particularly the U.S. Inflation Reduction Act ( ). While most of the world... |
of 60 diesel semi-trucks that manage 2,000 km (1,243 miles) - four days driving - on one tank. Fulvi Trasporti is considering hydrogen because heavy BEV alternatives would cut its load capacity 15 percent and require daily charging. "We would need to buy more lorries, more than one for every 10 we own," Fulvi said. "Th... |
Tesla workers strike in Sweden over union demands mechanics in Sweden walked off the job on Friday to protest against the electric carmaker's refusal to sign a collective wage agreement, the metalworkers union said. The strike affects around Tesla's 130 mechanics at seven workshops across Sweden, spokesman Jesper Pette... |
Fret not, flight of FPI capital could slow ( ) outflows from the have reached $39 billion in the past nine months, including June, as the differential with advanced economies narrowed and investors switched attention to commodity-producing nations during an upcycle. The exposure of FPIs is affected both by its speed in... |
BMW India launches 5 Series Long Wheelbase at INR 72.9 Lakh New Delhi: has launched the all-new , available exclusively as a petrol variant, with bookings open at and online. Deliveries for the vehicle are set to start in September 2024. The introductory ex-showroom price for the BMW 530Li M Sport variant is INR 72,90,... |
Control, Attentiveness Assistant, Parking Assistant Professional, Comfort Access, Remote Parking via smartphone, Manoeuvring Assistant, Reverse Assistant, Lane Change Warning, Cross Traffic Warning, Front & Rear Collision Warning, Exit Warning, and Active Pedestrian Protection. BMW EfficientDynamics features in the car... |
Insurance companies are now a part of RBI's Account Aggregator In a recent move, the of India (IRDAI) has given its go-ahead to insurance companies to become a part of the 's (RBI) (AA) system. The circular includes a guideline on how Insurers- life, non-life and health can share data with the , who are NBFCs that retr... |
Automotive sector growth to be moderate in near-to-medium term: ICRA New Delhi: The saw a healthy revival in FY2023, aided by a recovery in economic activities and increased mobility. The demand sentiments for a majority of the , the , and tractors remained healthy, aiding in improved offtake for the industry participa... |
it continues to work towards its “Make in India’ goals.” Exhibit: Segment-wise growth outlook Source: ICRA Research Over the near term, domestic industry volumes will continue to drive growth, with export prospects remaining weak amid a shortage of dollar availability in some key markets and inflationary pressures. Man... |
Formal job creation under ESIC fell by 17.1% to 1.02 million in November 2021 under the Employees State Insurance Corporation fell by 17.1% to 1.02 million in November 2021 against 1.23 million in the previous month, official data showed on Tuesday. Even subscribers under the fell by 5.8% to 64,870 as against 68,870 in... |
Audi India opens Audi Approved: plus facility in Noida New Delhi: Audi, the German luxury car manufacturer, has opened a new pre-owned car facility, , in Noida, Uttar Pradesh. It is the 24th Audi Approved: plus facility in India. , Head of , said, “The first half of 2023 has seen a 53% growth in Audi Approved: plus, re... |
States can't regulate NBFCs registered with RBI, says Supreme Court NEW DELHI: In an important judgment, the on Wednesday ruled that state laws cannot apply to over 9,500 non-banking financial companies (NBFCs) registered with the ( ). Sawing off attempts by the Kerala and Gujarat governments to bring the NBFCs under t... |
Aggregator policy mandating EVs approved by Delhi CM Arvind Kejriwal New Delhi: Enhanced security features for passengers that include a 24x7 control room to track and monitor the movement of drivers, integration of panic buttons with enforcement agencies and corrective measures against drivers being awarded a rating l... |
EV maker One Moto India ties up with Royal Sundaram General Insurance New Delhi: British Automobile Brand One-Moto India on Tuesday entered into a partnership with Co. Limited (Royal Sundaram) for the issuance of insurance policies to its customers for EVs at the point of dealerships. The brand’s tie-up with Royal Sund... |
Duty cut benefit in EV policy not to impact domestic players; to expand mkt New Delhi: Import duty concessions announced in the on Friday will not impact domestic players and on the contrary, expand the Indian electric vehicles market, a top government official said. Department for Promotion of Industry and Internal Tr... |
for the country and what is good in the public interest. The policy again is not tailored for any company," he said. "It is a very limited concession for a very limited number of imports and it is underwritten by very stringent performance criteria guarantee from him," he said. For up to USD 35,000 import price, the cu... |
LMV licence enables one to drive transport vehicle too: Himachal HC The Himachal Pradesh High Court has ruled that a light motor vehicle ( ) licence enabled the holder to drive a too. Observing that there is only licence category i.e. LMV, Justice Vivek Singh Thakur dismissed an appeal filed by Oriental Insurance Compa... |
Russian oil shaves India's import costs by about USD 2.7 bln India saved roughly USD 2.7 billion by importing discounted Russian oil in the first nine months of this year, according to calculations based on government data, helping it support economic growth and easing pressure on its trade deficit. accounts for about ... |
Oil down $1 on China growth worries, while EU weighs Russian crude ban By Sonali Paul MELBOURNE: fell on Monday in holiday-sapped trade in Asia as concerns about weak economic growth in China, the world's top , outweighed fears of potential supply stress from a looming Brent crude futures fell $1.13, or 1.1%, to $106.0... |
Crack down on EV sellers that claim low top speeds to evade regulation: Centre to states The , has cautioned state governments about higher battery capacity (EV) that are evading checks under the garb of low speed ones. An advisory to state governments said that many dealer showrooms have mushroomed across the country ... |
China auto sales rise at slowest pace in five months in Oct China's at their slowest pace in five months in October, from a weak base a year ago, as zero-COVID policies kept consumers away from showrooms and weighed on sentiment, while the effect of incentives for buyers also waned. The world's biggest posted sales of ... |
Greaves Finance partners with ACKO to promote EV ownership in India Limited, a subsidiary of Greaves Cotton Ltd., has partnered with tech-first insurer to promote seamless electric vehicle (EV) ownership in India. Announced on July 10, 2024, the collaboration aims to encourage through Greaves' 100% EV-focused lending p... |
FM likely to focus on growth, may announce steps for sovereign bond inclusion in global indices Finance Minister Nirmala Sitharaman will present the highly-awaited for FY2023 next week. The industry and market are eager to see how the government charts its course to come out of the Covid scenario and return the country... |
a fiscal deficit of 4.6 per cent in the pre-pandemic year of FY2020, the deficit increased to 9.2 per cent and 6.8 per cent in FY2021 and FY2022, respectively. The government is likely to gradually consolidate its fiscal position and reduce the deficit to 6 per cent in FY2023 and provide a further path for faster conso... |
Verkor gets over 1.3 bn euros in financing for Dunkirk EV battery gigafactory French battery start-up said on Friday it had secured more than 1.3 billion euros (USD 1.41 billion) in green financing for its first in , finalising its funding. Europe is seeking to attract (EV) battery makers, as it tries to cut dependency... |
Will you gain from pay-as-you-drive motor insurance? Your car insurance premium could soon be decided by how much and how well you drive. The Insurance Regulatory and Development Authority of India (Irdai) has permitted insurers to launch pay-as-you-drive policies with premiums linked to mileage and quality of . The pa... |
km, but that works out to an average commute of less than 7 km in a day. Consider that before you opt for a policy with a low slab. The good news is that buyers can switch to a higher slab or even to a regular unlimited policy if they end up driving more than the slab limit. But this upgradation should be done well bef... |
India needs policy push to harvest benefits of e-tractors New Delhi: Even though a record 1.66 million (EVs) were sold in India in FY24, according to the Ministry of Road Transport and Highways, only four were classified as agricultural tractors. Two-wheelers and three-wheelers made up for 94% of all EVs sold in FY24, ... |
California, other states seek recall of Hyundai, Kia vehicles over theft The California attorney general and the attorneys general of 17 other states on Thursday asked a federal regulator to recall and vehicles, saying they are more likely to be stolen because they lack safety features that are standard in other . Hyun... |
Ferrari fever? Classic cars roar into investment funds In 1977, a owner offloaded his 1962 250 GTO because his wife complained it was too noisy, recounts Andrea Modena, head of Ferrari's classic car division. It was either her or the car. "Nowadays, I'm not sure the wife would have won out." Times have indeed changed. ... |
Fund. Moreover, a small scratch or dent, or a replacement part, can deal a heavy financial blow. For example, replacing just the bumper of a rare can cost USD 15,000, said Modena. KEEPING THE CARS ALIVE Running costs for car collections, including hefty storage and insurance fees, could easily amount annually to 5-6% o... |
A mini industry spawns under the hood of a booming car market Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India's is racing ahead. India's passenger vehicle sales surged past 4 million units for the first-time ever in calendar year 2023. As per industry esti... |
gave a sudden big boost to the pre-owned cars market. Why is the Indian consumer shifting gears? As established, shortage of semiconductors, critical for advanced and new-age cars, had disrupted supply-chains and had a huge impact on sales of leaders of this sector. Due to this, customers had to face long waiting perio... |
initially, profitability has remained an issue. The topline growth was fuelled by heavy spending (which is not the case anymore) into marketing, advertising as well as expansion into newer markets, analysts have said. “For venture-backed companies, like Spinny and Cars24, they have raised a lot of capital that they wer... |
BLive and Awign partner to onboard 1ok riders for EV Rental Programme in India , an e-mobility platform in India, has formed a strategic partnership with , the country's largest work-as-a-service platform, to onboard 10,000 riders for BLive’s over the next 12 months, aiming to revolutionize last-mile delivery with affo... |
Sustanability via collaboration The collaboration aims to accelerate electric mobility adoption among gig workers, enhancing operational efficiency and reducing environmental impact. Deploying 10,000 electric bikes within the next 12 months, aim to set a new standard for sustainability and economic empowerment in the g... |
Car sharing platform Zoomcar elevates Nirmal NR as India CEO Domestic marketplace on Friday announced to elevate as the CEO for India market. Working as President for Growth and Marketplace at Zoomcar, Nirmal will now be responsible for all aspects of growth, operations and customer experience for the company in the co... |
Over 11,000 vehicles scrapped till March 31 this year New Delhi: A total of 11,025 vehicles (7,750 private and 3,275 government vehicles) have been scrapped till March 31 this year by the registered vehicle scrapping facilities, Parliament was informed on Wednesday. In a written reply to the , Road Transport and Highwa... |
Audi India opens Audi Approved: plus facility in Kozhikode, Kerala : , the German manufacturer, inaugurated on Friday a new facility, in Kozhikode, Kerala. The Sales and service facility is located at NH-17, Calicut-Kannur Road, Pavangad, Puthiyangadi. Spanning 6200sq. ft., the state-of-the-art 3S facility has the capa... |
India has found a way towards mass electrification: swap batteries It may not have enough electric vehicles, powerpacks or the capital, but India has found a way towards : swap batteries. The solution, where empty batteries can be exchanged for charged-up ones, is still in nascent stages in China, the world’s largest E... |
alliance that had agreed to manufacture 100,000 EVs to the specifications of Better Place, the now defunct venture capital-backed firm that developed and sold battery charging and switching stations. The firm launched its first station in Israel in 2011 and eventually filed for bankruptcy two years later because it was... |
TN govt unveils logistics policy, aims at reducing cost; proposes incentives Chennai: The Tamil Nadu government on Saturday unveiled its ' 2023', featuring objectives including enabling a robust logistics infrastructure development. The targeted outcomes include a reduction in cost of logistics and leveraging private p... |
mechanism between State and Central agencies for facilitation and execution of initiatives in logistics sector. Consistent high ranking of Tamil Nadu in the LEADS (Logistics Ease Across Different States) index of the Union government and enhanced economic growth and employment generation are among the other outcomes ou... |
Irdai to set up hubs on motor insurances The regulator on Thursday decided to set up two hubs on and property insurance and also an advisory committee with the overall objective to promote loss prevention measures in the general insurance industry. "It has been decided to form a hub on property insurance at 'National I... |
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