As part of the tie-up, ETG Logistics will operate dealerships for Ashok Leyland in six key southern African countries.
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At the experience hub, customers can visit and experience the products of One Moto and gain more knowledge about the technology behind the vehicles and their offerings.
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Korea can help India reduce mobility battery cost, which is about 40 percent of the electric vehicle, said, Vipin Sondhi, Chairman of the CII National Committee on Future Mobility & Battery Storage.
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ABB has already made an initial investment of seven percent and will increase its shareholding to a majority of 72 percent.
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Road transport and highways minister, Nitin Gadkari had recently said the companies found negligent will be penalised and a recall of all defective vehicles will be ordered after the expert panel submits its report on May 30, 2022.
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The order exempting motor vehicle and additional taxes along with registration fees for two and four-wheeled battery-operated electric vehicles and all categories of CNG-operated vehicles from April 1, 2022 to March 31, 2024 is as per the state finance minister’s budget announcement for 2022-23.
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Auto sales in China have faltered after years of blistering growth, and global automakers especially have taken a hard knock.
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Rahul Rajupalepu succeeds Karim Lalani as the new Global Digital Hub Head in India at Stellantis.
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