With the vision to promote green mobility across the country, WardWizard Innovations and Mobility Ltd. (BSE Code: 538970) – one of the leading manufacturers of electric two-wheeler brand ‘Joy E-bike’ and Mangalam Industrial Finance Ltd (BSE Code: 537800), RBI registered NBFC have joined hands to support the buyers with quick finance to make EV purchase […]
Author: Shivam
Ford India Revises Final Severance Package To Employees
Ford India, the subsidiary of United States-based automaker Ford on Thursday said it has arrived at a settlement with the employees union on the severance package following the company’s decision to shut its Tamil Nadu plant as part of a restructuring exercise. Accordingly, the company would revise the final severance settlement to an average equivalent […]
WardWizard Expands Global Footprints; Partners With First-Ever Dealership In Nepal
Expanding its green footprint globally, WardWizard Innovations and Mobility Ltd. (BSE Code: 538970) – one of the leading manufacturers of electric two-wheeler brand ‘Joy E-bike’ has signed up an agreement with one of the oldest and leading Automobiles Distributor of Nepal, The Mahabir Automobiles. Committed to strengthen green mobility across the world with its advanced […]
Ola Electric To Foray Into International Markets Starting With Nepal
Ola Electric on Thursday said it plans to foray into the international markets starting with Nepal. The company said it has signed a memorandum of understanding with CG Motors in Nepal partnering them as local distributors for its Ola S1 scooters (S1 & S1 Pro). The scooters will be available in Nepal starting next quarter, […]
SIAM Appoints Mr Vinod Aggarwal As Its New President
The Executive Committee of Society of Indian Automobile Manufacturers (SIAM), the apex body of the Indian automotive industry, today elected Mr Vinod Aggarwal, MD & CEO, Volvo Eicher Commercial Vehicles Ltd (VECV) as it’s new President for 2022-23. Mr Vinod Aggarwal, who was the Vice President of SIAM succeeds Mr Kenichi Ayukawa, Executive Vice Chairman […]
WardWizard Innovations And Mobility To Set Up Global Research And Development Headquarter In Singapore
The company will establish the Centre and Global sales office under its wholly owned subsidiary Ward wizard Global Pte Ltd which is recently set up in Singapore. It will hire a talent pool of 30+ scientists and engineers to design and develop global standard products. It will collaborate with leading research institutes to develop battery […]
Govt Working On Developing Electric Highways: Nitin Gadkari
The government is working on developing electric highways, which will be powered by solar energy, that will facilitate the charging of heavy duty trucks and buses, Union road transport and highways minister Nitin Gadkari said on Monday. Addressing an event organised by the Indo-American Chamber of Commerce (IACC), Gadkari reiterated that the government wants to […]
Domestic PV Sales May Touch Record Level At Nearly 40 Lakh Units In 2022
Domestic passenger vehicle sales could touch a record level of nearly 40 lakh units this year on strong demand and companies finding ways to enhance production despite semiconductor shortage, a senior Maruti Suzuki India official said on Monday. Even as the chip shortage issue has improved compared to a year back, the industry is estimated […]
Passenger vehicle dispatches rise 21 pc in Aug as chip supply improves
Passenger vehicle wholesales in India witnessed a 21 per cent annual growth in August, riding on improved supplies of semiconductors and festive demand, according to the Society of Indian Automobile Manufacturers. As per the latest data released by industry body Society of Indian Automobile Manufacturers (SIAM), passenger vehicle (PV) dispatches to dealers stood at 2,81,210 […]
Mahindra Unveils Its First E-SUV XUV400; To Launch In January Next Year
Bullish on green mobility, homegrown auto major Mahindra & Mahindra on Thursday said it will drive in its first electric sports utility vehicle — XUV 400 — early next year. The company globally unveiled the five-seater model which comes with a driving range of 456 km (ARAI certified) on a single charge and can attain […]