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Presenting Union Budget 2022, Finance Minister Nirmala Sitharaman in her speech has announced some key measures to boost the Indian automotive industry. Announcing a new battery swap policy to encourage electric vehicle adoption is the most appreciative step along with opening up defence R&D to private players for auto component development. MSP payment of ₹2.73 […]
In a significant development, Hero Electric and Mahindra Group on Wednesday announced a strategic pact in the electric vehicle space. As part of the partnership, Mahindra Group will manufacture Hero Electric’s most popular electric bikes — Optima & NYX — at their Pithampur plant, in Madhya Pradesh to meet the growing demands of the market, […]
Classic Legends on Thursday re-launched the iconic motorcycle brand Yezdi in the country with the roll out of three models, priced between Rs 1.98 lakh and Rs 2.09 lakh (ex-showroom Delhi). The company launched three distinct models — Yezdi Roadster at a starting price of Rs 1.98 lakh, Scrambler at Rs 2.04 lakh and Adventure […]