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Greaves Cotton hikes stake in EVs maker Ampere Vehicles to 81.23%

New Delhi, July 15 -- Manufacturer of diesel engines, generators and pump sets, Greaves Cotton has increased its stake in Coimbatore-based electric vehicle (EV) manufacturer Ampere Vehicles from 67.34... Read More


Audi announces top management changes for India

New Delhi, July 13 -- Audi AG has announced that Rahil Ansari, head for India operations, is relocating to the Volkswagen-owned carmaker's headquarters in Ingolstadt, Germany. Balbir Singh Dhillon, wh... Read More


Hero MotoCorp CTO departs, company rejigs top deck

Mumbai, July 9 -- Markus Braunsperger has departed Hero MotoCorp after completing his 5-year contract as the chief technology officer (CTO), the company said. Following this, Hero MotoCorp restructure... Read More


M&M looks beyond tractors to boost farm equipment biz

New Delhi, July 8 -- Mahindra & Mahindra (M&M), India's largest tractor manufacturer, is now looking beyond tractors to boost its farm equipment business. The company is aggressively working on the fa... Read More


Passenger vehicle sales continue in slow lane amid inventory hurdles

Mumbai, July 5 -- Passenger vehicle (PV) sales in India continued their downward spiral in June as automakers curbed factory dispatches to control inventory at dealerships. Initial reports from the to... Read More


MG Motor rolls out SUV Hector at a starting price of '12.18 lakh

New Delhi, July 5 -- Morris Garages, the iconic British brand owned by China's SAIC Motor Corp. Ltd, marked its debut in the country on Thursday with the launch of Hector, a sport utility vehicle (SUV... Read More


To put electric mobility in fast lane, firms push for swappable batteries

Mumbai, July 5 -- Ahost of new entrants, both domestic and foreign, are working on creating an ecosystem of swappable batteries aimed at drastically cutting the time needed for charging electric vehic... Read More


We are working on how to make EVs ultra-affordable: Ola Electric's Anand Shah

New Delhi, July 3 -- Anand Shah, co-founder, Ola Electric and senior VP, Ola Cabs told Mint that the cab aggregator is devising new business models to make electric vehicles viable. One such model inv... Read More


No respite for auto sector as PV sales dip 16% in Jun

Mumbai, July 3 -- Passenger vehicle (PV) sales in India continued their downward spiral in June as automakers curbed factory dispatches to control inventory at dealerships. Initial reports from the t... Read More


Ola arm looks to raise more funds to expand its EV fleet

New Delhi, July 3 -- Ola Electric Mobility, the electric vehicle arm of ride-hailing giant Ola Cabs and the latest member of India's unicorn club, plans to raise more funds to support its ambition of ... Read More