Lohia Auto plans to sell over 10,000 EV rickshaws in FY 2024-25, backed by a Rs 200 million investment in R&D, infrastructure, and new product development. The company is expanding its dealer network, localising production, and aligning with government initiatives to meet diverse urban and rural mobility needs
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The full potential of the shared mobility space is still untapped within the travel and car rental ecosystem and can evolve further just like we’ve seen in e-commerce, food commerce, home rentals, and more, says Hiroshi Nishijima, CEO of Zoomcar
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Mookken will also continue his role as regional Head of Propulsion Solutions in APAC (without China)
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Electric two-wheelers offer a solution to some of the country’s most pressing challenges—air pollution, oil dependency, and urban congestion—while contributing to the global fight against climate change
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The Indian automotive industry is undergoing a major shift towards electrification, challenging traditional automakers and reshaping long-term strategies for sustainable mobility
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The festive season boosted India’s auto sales by 32 per cent in October, driven by heavy discounts and seasonal demand. However, high inventory levels remain, prompting automakers to extend offers through year-end
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As the number of high-net-worth individuals rises and preferences shift towards top-end models and electric vehicles, India’s luxury car market is evolving rapidly.
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India’s biofuel story started in 2006, with 1.5 per cent blending against the target of 5 per cent
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