Articles for Industry News

Simple Energy Closes Pre-Series Funding With An Undisclosed Amount

Simple energy is also looking to raise 8 -10 million dollars in series A funding in the second quarter of this year, the company said.

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FADA Releases December’20 Vehicle Registration Data

December registrations for the first time in FY20-21 witnesses’ positive growth of 11% (YoY) largely due to festival spill over demand and pre-buying due to announcement of price hike in January’21.

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Omega Seiki Mobility Opens Its Dealership In Bengaluru

The company partners with Green Drive Auto Services to open dealership.

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BMW Group India Delivers 6,604 cars (BMW + MINI) In 2020

The luxury autmaker saw significant contribution of over 50% coming from the locally produced Sports Activity Vehicle (SAV) range including the BMW X1, the BMW X3 and the BMW X5.

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EESL Signs MoU With NHAI To Establish Solar Power Projects

MoU aims to establish Solar Power projects, EV charging stations & Energy Efficient LED lighting at NHAI buildings/structures at Toll Plazas

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eBikeGo Has Tied-up With SKS Clintech For Installation Of Solar Powered Batteries

Solar power will charge the batteries 30% faster than the regular electricity charge, the company claims.

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Mercedes-Benz India Announces 5% Price Hike From January 15

The ex-showroom price of Mercedes-Benz’s model range will be increased by 5% w.e.f. 15th January 2021 (Price increase range: INR 2 lakhs appx. for a C-Class to INR 15 lakhs appx. for an AMG GT 63 s 4 Door Coupe)

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Tata Motors Launches INTRA V20 In Nepal

Engineered to offer higher profits with 1.1-ton payload capacity and low maintenance cost, the company claims.

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