
Autocar Professional’s April 1, 2023, issue is out!
Keep up to date on developments in the Indian and global automotive industries with Autocar Professional's April 1, 2023 issue.
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Buy Now!Keep up to date on developments in the Indian and global automotive industries with Autocar Professional's April 1, 2023 issue.
Karnal-based used luxury car start-up Luxury Ride to open dealerships in Mumbai and Bengaluru, aims to double its sales in FY2024.
A former CEO of GE Healthcare - Digital Enterprise, Nalinikanth Gollagunta will steer the overall automotive operation leading manufacturing, sales, marketing and customer care.
Company to launch two new models - Activa EV with a fixed battery solution, and a Moped with a swappable battery alternative.
Effective July 1, 2023, Guruprasad Mudlapur will be appointed President of the Bosch Group in India and Managing Director of Bosch Limited. In his new role, Guruprasad will be responsible for the strategic growth and overall performance of the business in the region. At the same time, he will continue to be Chief Technology Officer for Bosch.
The IFC’s first investment in an EV manufacturer in the country and the first in electric three-wheelers globally will be in the form of compulsory convertible instruments at a valuation of up to Rs 6,020 crores. The Rs 600 crores investment will result in an ownership of between 9.97% to 13.64% for IFC in the new company.