News Apr 27, 2021 Electric vehicle sales decline in FY2021 by 20% after five years After the last five years of steady growth in the electric vehicle market, namely in the two, three, and four-wheeler segments, the industry is seeing a decline in sales in the fiscal year 2020-2021.
News Apr 23, 2021 Sohinder Gill: A lot more needs to be done to achieve FAME II target Timely intervention by the government in a form of policy change is required to fuel the growth, believes Gill.
News Apr 07, 2021 Flipkart partners with EDEL by Mahindra Logistics to speed up EV deployment Flipkart has committed to 100 per cent electric mobility in its logistics fleet and will deploy more than 25,000 electric vehicles (EVs) by 2030.
News Mar 27, 2021 M&M Board approves consolidation of Mahindra Electric Mobility Limited With the electric vehicles business at an inflection point and poised to grow exponentially, this realignment will help in providing the requisite resources as well as the direction to realising targeted growth.
News Mar 26, 2021 Tata Motors and SBI MoU to offer financial services for CV buyers With this partnership, the two business entities will exercise SBI’s Contactless Lending Platform technology to ensure uniformity, transparency and a reduced turnaround time in the loan approval process.
News Mar 25, 2021 Scrappage Policy proposes PPP-based registered scrapping centres The Scrappage Policy announcement is in-line with the government vision to make scrap recycling an organised sector. Ministry of Mines has recently issued National Non-Ferrous Metal Scrap Recycling Framework, 2020 covering key non-ferrous metals like Aluminium, Copper, Zinc and Lead. The framework has been released with an objective to promote formal and well-organised recycling ecosystem, quite similar to the Scrappage Policy.
News Mar 04, 2021 COGOS to deploy 1000 EVs logistics fleet with Altigreen 3 & 4 wheelers COGOS plans to bring in at least 30% of its revenue from green technologies by 2023 and this agreement paves the path to reach its sustainable goals.
News Mar 01, 2021 VDMA’s Robotomation symposium tracks robotics trends in manufacturing Speakers - which included Vinnie Mehta (Director General, ACMA), B B Gupta (President Business Head Auto Components, JBM Group), etc - highlighted trends in robotic applications in the manufacturing sector at Robotomation - hosted by German Mechanical Engineering Industry Association (VDMA)
News Nov 17, 2020 Continental India crosses 50 mn wheel speed sensors production milestone German technology company has been increasing wheel speed sensor production capacity, driven by rising local demand due to India's safety legislations like Anti-lock Braking System (ABS)