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NIIF’s India-Japan Fund to invest Rs 400 crore at Rs 6,600 crore valuation in Mahindra Last Mile Mobility

autherAutocar Professional Bureau     calendar11 Jan 2024

The investment in MLMML will be IJF's first investment after the fund was set up in August  2023.

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'Indian designers will understand our market:' Pratap Bose Interview
'Indian designers will understand our market:' Pratap Bose

By Renuka Kirpalani, Autocar India calendar11 Jan 2024

Pratap Bose, Chief Design and Creative Officer of M&M Auto and Farm Sector discusses the role of creativity, technolog...

Maruti Suzuki to kick  off exports of EVs to Japan and Europe in 2024 ahead of India launch News
Maruti Suzuki to kick off exports of EVs to Japan and Europe in 2024 ahead of India launch

By Ketan Thakkar and Amit Vijay M calendar11 Jan 2024

The company will be exporting Rs 750 crore of lithium ion batteries for hybrid vehicles.

Kia to offer ride hailing PBVs to drivers on the Uber platform News International
Kia to offer ride hailing PBVs to drivers on the Uber platform

autherAutocar Professional Bureau calendar11 Jan 2024

Kia plans to develop and offer PBVs tailored for Uber drivers; the specialised PBVs will offer innovative mobility imp...

EV logistics-tech startup EVIFY raises $1.3 million in pre-Series A funding News
EV logistics-tech startup EVIFY raises $1.3 million in pre-Series A funding

autherAutocar Professional Bureau calendar10 Jan 2024

The aim is to grow the existing fleet from 400 to 4,000 electric bikes by March 2025.

Sundram Fasteners signs Rs 1,411 crore MoU with Government of Tamil Nadu News
Sundram Fasteners signs Rs 1,411 crore MoU with Government of Tamil Nadu

autherAutocar Professional Bureau calendar10 Jan 2024

The planned investment spans up to 2027–2028 and will be used for capacity expansion of existing products, including c...

Ather Energy slashes 450S price by Rs 20,000 to Rs 109,000 News National
Ather Energy slashes 450S price by Rs 20,000 to Rs 109,000

By Dinshaw Magol, Autocar India calendar10 Jan 2024

The move is designed to take on the base models of the Bajaj Chetak Urbane, TVS iQube and Ola S1 Air.

GSRTC flags off Switch EiV 22 double decker buses for sustainable urban transit in Gujarat News
GSRTC flags off Switch EiV 22 double decker buses for sustainable urban transit in Gujarat

autherAutocar Professional Bureau calendar10 Jan 2024

These buses will operate on the Gandhinagar-Ahmedabad route along the SG Highway, offering a sustainable transit optio...

Wardwizard unveils cutting-edge electric vehicle concepts at the 10th Vibrant Gujarat Global Summit News
Wardwizard unveils cutting-edge electric vehicle concepts at the 10th Vibrant Gujarat Global Summit

autherAutocar Professional Bureau calendar10 Jan 2024

The company also introduced the next-generation hydrogen fuel cell and electrolyzer technology.

Tata Group to announce semiconductor facility in Gujarat in 2024 News
Tata Group to announce semiconductor facility in Gujarat in 2024

By Shahkar Abidi and Kiran Murali calendar10 Jan 2024

Construction of 20 GW lithium ion battery plant to start in March