Articles for Business News

Volvo Car India's Amit Jain To Assume Key Role In Volvo Cars APeC Region

Amit will oversee the digital media operations in the region that includes six countries where the company is directly present. Apart from these six countries, Amit will also support media operations in countries where the company is present through its partners.

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Exponent Energy Raises Undisclosed Funding From Hero MotoCorp; Launches Fastest Charging E3W

Exponent Energy in partnership with Altigreen has unveiled the fastest charging electric 3-wheeler that rapid charges from 0-100 per cent battery capacity within 15 minutes.

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IIT Delhi-Based Alt Mobility & Zypp Electric Join Hands To Deploy 15,000 EVs

Electric vehicle leasing has emerged as the most viable solution for commercial fleet electrification for Zypp and other B2B logistic companies and aggregators, owing to the extensive capital requirement for fleet replacement.

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Startup TelioEV Appoints Mukesh Bansal As Chief Technology Officer

At TelioEV, Mukesh Bansal will oversee all product business development, identifying tech solutions for Ionotical and TelioEV products, and developing the partner ecosystem for TelioEV products.

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CarzSo Digitises Customer’s Car-Buying Journey

With the implementation of the virtual walkaround technology, the company aims to reduce the number of dealership visits a customer takes in order to test drive cars.

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Volvo Cars July Sales Drop 21.5 Per cent, Sees Improvement Ahead

A shortage of semiconductors and other components has squeezed auto industry output and sales in recent quarters, but Volvo said last month it was seeing a "marked improvement" in the stabilisation of its supply chain.

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Truck Maker Volvo Group Plans To Build Battery Plant

The batteries will be tailored to commercial vehicles such as trucks, buses, construction equipment and other electric drivelines.

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Chip Makers Have A Message For Car Makers: Your Turn To Pay

Taken together, the changes represent a fundamental shift for the auto industry: higher costs, more hands-on work in chip development and more capital commitment in exchange for better visibility in their chip supplies, executives and analysts say.

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Jitendra New EV Tech To Supply 12,000 EVs Worth Rs. 120 Cr To FAE Bikes

This partnership between Jitendra New EV Tech and FAE Bikes seeks to provide electric scooters on rent to customers who wish to either simply do a trial run of the scooter before committing to a purchase.

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Auto Retail Falls By 8 Per cent In July'22: FADA

When compared with July’19, a pre-covid month, total vehicle retails fell by -20 per cent. PV and Trac continued to outperform by growing 19 per cent and 7 per cent. All the other categories were in red with 2W, 3W and CV falling by -28 per cent, -15 per cent and -4 per cent respectively.

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