The Delhi government has revived its EV policy to encourage cleaner transportation, reinstating benefits for buyers and addressing recent market slowdowns. The initiative includes financial relief for employees of state corporations, showcasing a broader focus on welfare.
Rilox EV has launched the Trio, an electric three-wheeler designed to enhance the logistics and retail capabilities of small and medium businesses, offering a 100-120 km range and a 500 kg loading capacity. This eco-friendly vehicle is priced at ₹1.35 lakh and promises reliable urban delivery solutions.
Magenta Mobility new patent for Plug-and-Play EV Chargers speeds up India's transition to electric mobility. The scalable, user-friendly solution strengthens the company's standing as a significant leader in sustainable transportation.
Honda has unveiled the Activa E, its first electric scooter with swappable batteries, and the QC1 moped, which has a fixed battery for short-distance commuting. Both models are scheduled to debut in Bengaluru, Delhi, and Mumbai by February 2025.
Alt Mobility has raised $10 million in Series A funding, led by Eurazeo, to expand its fleet of 10,000 EVs in India, aiming for 30,000 vehicles by 2026 and enhancing its digital asset management platform.
Mahindra & Mahindra has launched the XEV 9e and BE 6e electric SUVs as part of its push to expand its presence in India’s growing EV market. These models are priced between ₹18.90 lakh and ₹21.90 lakh (ex-showroom) and will be available from January 2025.
Terra Charge,CEO, Akihiro Ueda said, we aim to collaborate with various sectors like fleets, hospitals, and society to create comprehensive solutions for EV charging. Our 2025 strategy includes expanding our charging stations from 500-600. while also strengthening partnerships with both private and government stakeholders.
Gulf Oil Lubricants India Limited and Piaggio Vehicles Pvt Ltd have extended their strategic partnership until 2030. This renewed alliance focuses on delivering advanced lubricants for Piaggio's commercial vehicle segment, including BS VI and electric vehicles, to enhance performance and efficiency.
The gross NPAs in the MSME sector dropped to ₹1.25 lakh crore in FY24, marking the lowest level in six years, but concerns remain over a potential rise in bad loans later this year. The gross NPA ratio for MSMEs stands at 4.46%, higher than the overall 2.74%.
The newly inaugurated hydrogen fuelling station in Leh marks a significant step towards India's green hydrogen mission. NTPC will leverage this infrastructure to deploy hydrogen fuel cell buses, reducing emissions and paving the way for a greener future.
This initiative is part of Motul broader ambitions in the mobility industry, encompassing EVs, EV retrofitting, hydrogen, thermal management, and immersed battery technology. It is not just about skill upgradation but also about providing mechanics with new avenues for income and growth opportunities.
Exicom, CFO, Shiraz Khanna, said that entering the charging station business is a good opportunity. investment depends on where you are opening it. If you are opening a charging station in a major city, the rent can be expensive. However, the rental cost will be lower in highways or rural areas.
Essar Oil is looking at touching a nationwide retail count of 5,000 outlets in the next two years. It presently has 1550 operational outlets and another 1600+ are in various stages of implementation.
21st century has surely made every one internet savvy and most retailers are going online. Even after e-commerce, new trend of M- commerce has taken a stride. Until past few years, women used to shop for attire from their favourite brand shops but now eve
The modular kitchen market in India is projected to witness a double digit growth in the coming years. The demand for prefabricated kitchens is on the rise as more and more housing projects are coming up, shifting lifestyles of consumers and the availabil
The concept of micro franchising has been quite popular internationally but now it is our turn to fully accept this business concept. Let us have an insight into this concept.
According to United Nations, India is all set to overtake China to become the most populous country by 2028. Therefore, the need of the hour is to harness as much youth as possible to become productive work force.
If you wish to become an entrepreneur, taking up a franchise is a good way to become one. Setting up a franchised business offers many advantages. The article discusses the benefits of setting up a franchisee from a scratch to a success.
