News and Trends

Discount Discussions Against Scrapped Vehicles With Finance Ministry In Works: Nitin Gadkari

The minister said during the scrapping process, the cost of raw materials for the automotive industry was reduced by 33%, while sales increased by 10%-12%

News and Trends

Park+ Raises INR 140 Crore In series C Funding

The funds will be utilized to expand Park+'s presence to over 100 cities, to hire more than 200 employees and expand its services verticals, to supercharge Park+'s next growth phase

News and Trends

India Has Potential To Become Global Leader In EV Production: Report

The Berkeley and UCLA research report also said that India can create a thriving domestic electric vehicle industry over the next decade or so

News and Trends

Nitin Gadkari To Introduce Country's First Flex-Fuel Vehicle

It is said that the flex fuel strong hybrid electric vehicles (FFV-SHEV) imported from Brazil will be used as pilot for its performance assessment in terms of reduced carbon emissions

News and Trends

TVS Motor Company Invests In Narain Karthikeyan's Startup DriveX

The investments will enable DriveX to further scale up offerings in the pre-owned two-wheeler space in India

News and Trends

Ultraviolette Raises Series D Investment From Exor Capital

The fund raised will be used for the expansion of the company's presence across India, ramping up the sales of F77 in the country and subsequent expansion in international markets including trials, certifications and sales

Business News

Chargepoint's Stock Could Benefit from High Energy Prices

Chargepoint (NYSE: CHPT) is an American electric infrastructure company based out of Campbell, California. It operates the largest network of independently owned charging networks and has a presence in 14...

News and Trends

Revamp Moto Raises Over $1 Million Pre-Seed Fund

The fund raised will be used for hiring new talents, product development and pre-launch partnerships

News and Trends

#5 Sectors Affected by India's Consumption Slowdown

FMCG, automobiles, steel, consumer durables and real estate are among those which have experienced limited to deep impact