Auto

JLR expects gradual recovery in semiconductor situation to begin in second half of FY22

Tata Motors-owned Jaguar Land Rover (JLR) expects the semiconductor shortage situation to gradually start recovering in the remaining part of the current financial year. The British multinational automotive company in the meantime will continue to take steps to contain the impact of the shortage on its operations across the globe. “Looking ahead, the supply shortage […]

Indian Oil
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IOC to set up 10,000 EV charging stations in 3 yrs

Indian Oil Corp (IOC), the nation’s largest oil firm, will set up 10,000 charging stations for electric vehicles (EVs) in the next three years as it prepares for the energy transition leading to net-zero by 2070, its chairman Shrikant Madhav Vaidya said on Wednesday. Prime Minister Narendra Modi on Monday made a bold pledge to […]

DailyBiz News
Auto

WardWizard continues with strong sales momentum of electric two-wheelers in October 2021

Sells more than 2800 units in the month, YoY growth at 502 percent           Riding on the high demand for its electric scooters and motorcycles, WardWizard Innovations and Mobility Ltd (BSE Code: 538970) – one of the country’s leading manufacturers of electric two-wheelers brand ‘Joy e-bike’ continued in achieving robust sales numbers in […]