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Probe initiated: Electric 2W makers face scrutiny for alleged FAME-II norm violations

The findings of the investigation are anticipated within a month, and corrective actions will be taken accordingly, potentially involving individuals and system improvements.Read more

TN set to attract Rs 50,000 cr investments, generate 150,000 jobs in EV sector by 2025

Prominent EV companies contributing to the significant production in Tamil Nadu include Ola Electric, TVS Motor, Ather in Krishnagiri, Ampere Vehicles in Ranipet, BYD India in Kancheepuram, Stellantis in Tiruvallur, and E-Royce Motors in Coimbatore.Read more

TVS Motor launches NEO AMI 125 Scooter in Africa, expands global reach

With a business footprint spanning over 80 countries across Asia, Africa, and Latin America, the company recently expanded into the European market.Read more

Tata Motors re-enters Thai Market with Inchcape as Commercial Vehicle Distributor

The company had ceased the sale of its pickup trucks and small commercial vehicles in Thailand in 2020 when it wound up its 100% subsidiary.Read more

Industrial electric motors have potential to save 2.1 TWh energy: ABB

Energy appraisals of more than 2000 motor-driven systems found an average energy-saving potential of 31 percent per motor. This equates to more than 2.1 TWh (terawatt-hours) of potential energy savings across the 20-year lifetime of these systems.Read more

TVS Motor forges strategic partnership with Emil Frey for key European markets

This partnership signifies a significant step towards global expansion for TVS Motor Company, leveraging Emil Frey's extensive distribution network and deep market insights in Europe.Read more

Euler Motors raises Rs 120 Cr in Series-C extension round for pan-India expansion

The company said it has also onboarded Green Frontier Capital, India's first investment firm focused on growth companies as part of this fundraising round along with existing investors, it said.Read more

UK-India FTA talks centered on mid-range Electric Vehicles market access

The British government is determined to gain access to India’s mid-priced EV market, particularly in the $40,000-$60,000 (Rs 33.30-49.9 lakh) range.Read more

Indian motorcycles dominate Latin American markets

In 2022, India exported more than 5 million motorcycles to Latin America, totalling over $1 billion in value.Read more

Sajjan Jindal looking to get into Indian auto market, buys stake in MG Motor India

Industrial tycoon Sajjan Jindal is orchestrating the formation of a new company with this stake and subsequently taking over Ford's Chennai factory through this new entity.Read more

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