Three Wheels United (TWU) was founded with an aim to address the key impediments in the large-scale penetration of EV three-wheelers in India. The company has developed a disruptive platform to finance light electric vehicles.
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The Partner Stock Option Program (PSOPs) will have a 4-year vesting duration with yearly vesting at 25 percent and a cliff period of one year.
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Just Dial Consumer Insights revealed that MRF, Apollo, Bridgestone, Ceat, JK, Goodyear, Michelin, Yokohama, TVS, and BKT were the top 10 most searched tyre brands in the country with the top 3, MRF, Apollo, and Bridgestone, dominating 77 percent of the searches on the platform.
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Wowtrucks valued at approximately Rs. 20.18 crore revenue for the year ended March 31, 2022.
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Bridgestone India has extended their CSR initiative Sarthi to the eastern and southern parts of India. Under the program, the company intends to impart driver training to around 640 youth. Beneficiaries include 100 women across regions.
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In the domestic market, Ashok Leyland sold 13,469 units of total vehicles in June 2022, up 130 per cent compared with 5,851 units sold in the same period last year.
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The plant was earlier Harley Davidson’s maiden manufacturing plant in India and is spread over five acres of land.
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Solis Yanmar, expanding its compact tractor range in up to 30 HP will be launching three new models in Turkey.
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