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Olectra Greentech Limited, India’s leading electric mobility company, on Tuesday said it bagged an order of 100 Electric luxury buses from the Maharashtra State Road Transport Corporation (MSRTC) worth Rs 250 crore. These buses will run between Mumbai and Pune and will be delivered in 10months, a company press release said. “Olectra and Evey Trans […]
City-based EV charging solutions provider Magenta has set up six EV charging hubs with over 150 charging points for the electric commercial fleet vehicles across key locations in Bengaluru and plans to set up nine more such facilities by the year end, the company said on Tuesday. These charging hubs will cater to the charging […]
Tata Motors on Tuesday said it has partnered with Bank of India (BOI) to offer finance options to all its passenger vehicle customers. Under the partnership, BOI will provide loans to Tata Motors’ customers at an interest rate starting from as low as 6.85 per cent, the company said in a statement. Moreover, the scheme […]
Receives Diamond Status from APEX Health Safety, powered by Simpliflying for ensuring highest standards of cleanliness and sanitization SpiceJet is India’s first airline to attain the highest standard certification SpiceJet, the country’s favourite carrier, has become the first airline in India and the second budget airline in the world to be awarded the highest rating […]
Delhi government will charge only Rs 2,500 to install private chargers for light electric vehicles, including two and three wheelers at malls, apartments, hospitals and such other places in the city. Delhi Transport Minister Kailash Gahlot made the announcement while launching the single window facility that consumers can avail by either going to the respective […]
Hyundai Motor India expects to log in a high double-digit sales growth this year as compared with 2020 and remains hopeful of repeating the performance next year as well riding on the back of strong demand for personal mobility, a senior company official said on Monday. The company, which on Monday introduced a new brand […]
Hero MotoCorp-backed Ather Energy on Monday said it has registered a 12-fold increase in sales in October riding on festive season demand. The company, which sells electric scooters 450X and 450 Plus, sold over 3,500 units last month. “The festive season has been very encouraging for us as Ather Energy recorded a 12 fold growth […]
Electric scooter rental startup Bounce is making investment of about USD 100 million (around Rs 742 crore) over the next 12 months across manufacturing of e-scooters and expanding the battery swapping infrastructure, its co-founder and CEO Vivekananda Hallekere said. Speaking to PTI, Hallekere said the company will unveil its first e-scooter towards the end of […]
Tesla CEO Elon Musk is asking on Twitter whether he should sell 10 per cent of his stock in the electric-vehicle company amid pressure in Washington to increase taxes on billionaires like him. Some Democrats have been pushing for billionaires to pay taxes when the price of the stocks they hold goes up, even if […]
The country’s largest carmaker Maruti Suzuki India is keeping a close watch on the price movement of commodities, which had touched an ‘unprecedented’ high in the second quarter, to fix its vehicle prices in the future as it has not fully passed on the impact to consumers, according to a senior company official. The company […]