Auto

Joy E-Bike Achieves Mega Milestone In Strengthening Its Distribution Network; Builds More Than 150 Strong Distributor Showroom Across India

: 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 […]

Auto

SUN Mobility Partners With Revfin For EV Financing

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 […]

Auto

India’s New EV Policy To Help Launch Many Eco-Friendly Premium-Quality SUVs: VinFast Auto

Vietnam’s electric car maker VinFast Auto on Monday said India’s new electric vehicle policy that provides import duty concessions for companies setting up manufacturing units in the country with a minimum investment of USD 500 million will allow it to introduce a wide variety of eco-friendly premium-quality SUVs at inclusive prices. The Indian government’s new […]

Auto

Statement From Mr. Vinod Aggarwal, President, SIAM And MD & CEO, VECV, On The New EV Passenger Vehicle Manufacturing Scheme

On the new EV Passenger Vehicle Manufacturing Scheme, Mr Vinod Aggarwal, President, SIAM said, “A holistic view has been taken by the Government of India  in the best interests of the country. The Indian Automobile Industry and members of SIAM will adapt to this new policy and remain committed to bring new, innovative & aspirational […]

Auto

Govt Approves E-Vehicle Policy; Minimum Investment Fixed At USD 500 Mn

The government on Friday approved an electric-vehicle policy, under which duty concessions will be given to companies setting up manufacturing units in the country with a minimum investment of USD 500 million, a move aimed at attracting major global players like US-based Tesla. According to an official statement, the companies setting up manufacturing facilities for […]