With an investment of more than Rs 20 crore, the project will offset 5,390 tonnes of CO2 emissions annually for the next 25 years.
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The total investment amount will be about 5.02 billion yen ($46 million), Toyota said in a statement, adding it will hold a 65% share of the venture.
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Sales from China used to account for 25% to 30% of JLR's global sales, but over the past two months make up 50%
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British new car sales tumbled by an annual 89% in May, only slightly less negative than April's record 97% collapse, as car dealerships remained shuttered by the lockdown
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The impending hike has been necessitated due to the substantial rise in the exchange rate, said the company.
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Ola to launch a host of initiatives across technology innovation, driver training and vehicle standards
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Expanding to 8 new cities with new financing and ownership models.
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Survey also reveals that 85% of customers willing to buy new CV products.
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Customers can add a tree to the world when they complete their service process – from booking to payment – on Mahindra’s With You Hamesha app
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Let environment-friendly electric vehicles be the new normal for personal transport – Sohinder Gill
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