Maruti Suzuki increases Ignis value to INR 27,000 3 hours ago
Car manufacturers have reached a domestic price calculation speed cap on the way to the PLI scheme of Rs 25,938 crore 8 hours ago
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The age of automobiles – Are we already in. . .
Continuing the crisis
The MoU plans to manufacture and distribute the diversity of OSM electric trucks, adding the 1-tonne and 3-tonne M1KA models, in Bangladesh from 2024. Corporations are investing $10 million in this project. OSM expects an initial sales volume of 500 electric trucks consistent with the year, OSM said.
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Chetan Maini, co-founder and chairman of SUN Mobility, and India’s first electric car, Reva, aims to make $1 billion in profits by 2026 and raise a few hundred million dollars in equity and debt. The company is also looking before going public, but not immediately. Chetan aims to build a scalable and physically powerful peripheral electric mobility ecosystem, relying primarily on offering “battery as a service (BaaS) through exchange” and mobility as a service (MaaS) through electric vehicle leasing.
Satinder Bajwa, senior vice president and head of sales and visitor service, and Harish Lalchandani, vice president of marketing at Mahindra Automotive, have left the organization, 3 other people familiar with the matter said on condition of anonymity.