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Sterling Tools posts INR 554 million profit for FY2024

Mumbai, May 13 -- Sterling Tools, the second largest automotive fastener manufacturer in India, and its wholly-owned subsidiary Sterling Gtake E-Mobility, a Motor Control Unit (MCU) manufacturer for e... Read More


Murugappa Group's TIVOLT Electric Vehicles set to launch e SCV under Montra Electric brand

Mumbai, May 13 -- TIVOLT Electric Vehicles, part of Murugappa Group and a subsidiary of TI Clean Mobility, is gearing up to launch an e-Small Commercial Vehicle (e-SCV). Once launched, the vehicle is... Read More


Ola Electric starts deliveries of S1 X e-scooters

Mumbai, May 10 -- Ola Electric has commenced the deliveries of its all-new S1 X range e-scooters inmultiplecities across the country. The S1 X was launched in three battery configurations - 2kWh, 3kWh... Read More


All-New Tata Ace EV 1000

Mumbai, May 10 -- Tata Motors has launchedthe new Ace EV 1000. Designed to transform last-mile mobility, this zero-emission mini-truck has a higher rated payload of one tonne and a certified range of ... Read More


Volkswagen India partners Government e-Marketplace to strengthen omni-channel presence

Mumbai, May 10 -- Volkswagen Passenger Cars India, has announced its association with Government e Marketplace (GeM), to facilitate direct procurement of Volkswagen cars by the government departments.... Read More


AVSimulation To Revolutionise Driving Simulation In India

Mumbai, May 10 -- A pioneer in driving simulation solutions, AVSimulation is continuing to extend its innovative offerings to the Indian automotive industry with an aim to revolutionise driving simula... Read More


UK's DG Innovate, EVage Motors to establish e-motor manufacturing JV in Punjab

Mumbai, May 8 -- DG Innovate, a UK-based advanced R&D company developing solutions in sustainable mobility and energy storage, has entered into a joint venture (JV) with Punjab-based electric truck st... Read More


TVS Motor Co reports INR 2,083 crore net profit for FY2024

Mumbai, May 8 -- Chennai-based two-wheeler and three-wheeler manufacturer TVS Motor Company has reported its financial results for Q4 FY2024 and FY2024. The company reported revenue of INR 8,169 cror... Read More


Hero MotoCorp report INR 3,968 crore net profit for FY2024

Mumbai, May 8 -- Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters has announced its financial results for Q4 FY2024 and for FY2024. The company reported revenue of INR 9,51... Read More


New launches, stable fuel prices, positive monsoon outlook, boost India auto retail sales in April

Mumbai, May 8 -- The automotive retail sales in India for the first month of fiscal 2025 have started on an optimistic note. In fact, a total of 2.20 lakh vehicles were sold in April 2024, compared to... Read More