Every year, World Motorcycle Day is celebrated annually on June 21 in several countries around the globe. This day honours the passion and thrill associated with motorcycles and riders. It provides an opportunity for motorcycle enthusiasts around the world to come together, share their love for riding, and raise awareness about motorcycle safety. People use…
New Delhi, June 20: Bhavish Aggarwal-led Ola Electric has received the go-ahead from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). This move marks the first IPO by an electric vehicle (EV) startup in the country. Ola Electric’s public issue consists of a fresh issue of Rs 5,500 crore…
New Delhi, June 20: Italian luxury sports car brand Ferrari has yet to announce its first electric car to the world. Other luxury brands, such as BMW and Audi, have already introduced their EVs to the market. However, the sports car segment has yet to see some new models. According to a report, the Ferrari’s first EV would cost over €5,00,000. According to a report by Reuters,…
Seoul, June 19: LG Electronics said on Wednesday it has partnered with ChargePoint, the leading supplier of charging solutions for electric vehicles in North America, to expand its EV charging business on a global basis. Under the memorandum of understanding, LG Electronics will supply its advanced EV charging equipment to ChargePoint, while the US company…
New Delhi, June 19: Tata Motors announced on Wednesday that it will hike the prices of its commercial vehicles by up to 2 per cent with effect from July 1 to offset the impact of rising commodity prices. Tata Motors, India’s top automaker by revenue, earlier raised the prices of its commercial vehicles by up…
Mumbai, June 17: Bharat NCAP (New Car Assessment Program) recently released crash test results of two fully electric SUVs – Nexon EV and Punch EV. The latest result is a part of the first batch of cars crash tested by BNCAP, which also included Harrier and Safari alongside the two EVs. For starters, the Bharat…
Mumbai, June 15: Hyundai Motor India Limited, the Indian arm of the South Korean auto giant, on Saturday, filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an IPO to raise around $3 billion (Rs 25,000 crore). “The objects of the offer are to carry out the…
New Delhi, June 12: Skoda has launched the Kushaq Onyx Edition in India, offering a premium variant with automatic transmission. The Skoda Kushaq Onyx Edition is a new addition to the Kushaq lineup, which provides a combination of style, comfort and performance. As per a report of English Jagran, the Skoda Kushaq Onyx Edition with…
New Delhi, June 12: The European Commission on Wednesday announced to impose provisional duties of up to 38.1 per cent on the import of Chinese electric vehicles (EVs). An investigation by the Commission concluded that the battery electric vehicles (BEVs) value chain in China benefits from “unfair subsidization”, which is causing a threat of “economic…
New Delhi, June 11: Bajaj Auto, the Indian two-wheeler manufacturer, has decided to postpone the launch of its much-anticipated Bajaj CNG bike to July 17, which was earlier fixed for June 18. The Bajaj CNG bike will likely to be named as “Bajaj Fighter” and it is the world’s first motorcycle to run on CNG….
