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Rapido, a leading commute app in India, has etched an indelible mark on India’s mobility landscape by achieving the monumental feat of 100 crore rides across 120 cities. Since its inception in 2015, it has emerged as a key contributor to employment generation, touching the lives of approximately 9 crore Indians with its affordable and […]
Kia India on Friday said it is planning to have around 700 sales and service touchpoints in 300 cities by the end of the year. The automaker, which sells models like Seltos and Sonet, has 522 such touchpoints across 236 cities. The company said it is focussed on strengthening its presence in Tier-1 and Tier-2 […]
Daimler India Commercial Vehicles, the subsidiary of truck manufacturer Daimler Truck AG, recorded a 39 per cent growth in sales of trucks and buses in 2023, a top official said on Tuesday. The Indian subsidiary of Germany-based Daimler Truck posted a 13 per cent growth in cumulative sales in 2023 backed by strong product demand, […]
Japanese auto major Nissan Motor Co Ltd plans to launch three all-new models in India by fiscal year 2026 and make the country a hub for exports under its new global business plan to drive value and strengthen competitiveness, according to a company statement. Under the new plan, which is split into mid-term imperatives for […]
Kia India on Thursday said it will increase prices of its range of vehicles by up to 3 per cent from April 1, 2024. The decision is attributed to the escalation in commodity prices and supply chain-related inputs, the automaker, which sells models like Seltos, Sonet and Carens, said in a statement. It marks the […]
: Wardwizard Innovations & Mobility Limited, one of the leading manufacturers of electric two-wheelers under the brand ‘Joy e-bike’ and three-wheelers under the brand ‘Joy e-rik’ in India, has announced a remarkable achievement in its rapid expansion journey. Accelerating strategic expansion in past one year, the brand has launched 156 exclusive distributor showrooms nationwide, in […]
JBM Auto on Tuesday said it has bagged an order for 1,390 electric buses along with the development of allied electric and civil infrastructure worth Rs 7,500 crore under the PM-eBus Sewa Scheme. The order will be completed within 12-18 months, JBM Auto Ltd said in a regulatory filing JBM Ecolife Mobility Pvt Ltd, a […]
Luxury automaker Audi India is looking to commence local assembly of electric vehicles, a move which would help it roll out models at an affordable price helping expand its customer base in the country. The automaker currently imports its entire EV range comprising Q8 50 e-tron, Q8 55 e-tron, Q8 Sportback 50 e-tron, Q8 Sportback […]
Battery swapping solutions provider SUN Mobility has partnered with EV financing digital platform Revfin for financing solutions. Under the partnership, Revfin will offer innovative financing solutions for electric vehicles (EVs) that use SUN Mobility’s Battery-as-a-Service (BaaS) model, the companies said in a statement on Monday. Revfin will finance electric two-wheelers for fleet business and electric […]
French carmaker Citroen on Monday said it will supply 4,000 units of its electric vehicle e-C3 to BluSmart Mobility, over a period of 12 months. Citroen and BluSmart Mobility, a vertically integrated eMobility ride-hailing and EV charging service provider, have signed a memorandum of understanding for the same. As part of the initial phase, 125 […]