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Hero MotoCorp's Vision of Mobility, Innovation & Technology unveiled at Hero World 2020
The Hero World 2020 - a first-of-its-kind three-day event attended by Global Media, Investors, Dealers from India, Supply Chain partners and Global Distributors from around the world - got off to an action-packed start here today at the state-of-the-art R&D hub of Hero MotoCorp, the Centre of Innovation and Technology (CIT) in the northern Indian city of Jaipur, India. The Hero World 2020 began with the Company reiterating its commitment to remain at the forefront of mass mobility, b...
GWM signs an MOU with Maharashtra govt, reaffirms its commitment to India
Marking a major milestone in its Indian journey, GWM today announced the signing of an MOU with the Maharashtra government in presence of the honorable Chief Minister of Maharashtra, Mr. Uddhav Thackeray and Mr. Sun Weidong, Chinese Ambassador to India. The MoU officially announced the investment in the state-of-the-art automotive manufacturing facility in Talegaon, Maharashtra. The plant will be equipped with latest world-class technology and there will be an R&D cent...
Audi India opens bookings for the all-new Audi RS 7 Sportback
Audi, the German luxury car manufacturer, today announced the commencement of bookings for the all-new Audi RS 7 Sportback. In its second generation, the Audi RS 7 Sportback offers improved performance and efficiency. Deliveries of the performance model will commence from August 2020 and this wide-bodied five-seater can be booked with an initial amount of INR 10 Lakhs. Exclusivity, customization and personalization are key to the all-new Audi RS 7 Sportback. Customers can book ...
MG Motor India unveils Gloster, India’s First Autonomous (Level 1) Premium SUV
MG Motor India has today introduced India’s first Autonomous (Level 1) Premium SUV, MG Gloster. The much-awaited Gloster comes as the carmaker’s third product in India after the Hector, India’s first Internet car and ZS EV, India’s first internet electric SUV. The MG Gloster comes with first-in-segment Advanced Driver Assistance System (ADAS)*. Some of its pioneering features include Adaptive Cruise Control (ACC), Automatic Emergency Braking (AEB) and Automatic Park...
India’s first Autonomous (Level 1) Premium SUV - MG Gloster launched at INR 28.98 Lakhs
MG Motor India has launched India’s First Autonomous (Level 1) Premium SUV, MG Gloster, at an inaugural price starting at INR 28.98 Lakhs, ex-showroom, New Delhi. With its elegant design and compelling features, Gloster appeals to the segment of premium and luxury that ranges from INR 25 lakhs to INR 50 lakhs. It will be available in 4 feature-intensive variants in India, i.e. Super, Smart, Sharp and Savvy. They extend unmatched opulence to MG customers with multiple combinations suc...
Two years after its first acquisition in e-mobility, Ampere Electric, the wholly owned electric mobility subsidiary of Greaves Cotton Ltd, announced phased investment potential of INR 700 crore over 10 years to set up a world class e-mobility manufacturing plant in Ranipet, Tamil Nadu. A Memorandum of Understanding (MoU) to this effect was signed by the Company, with the Government of Tamil Nadu, today. At over 1.4 million square feet, the proposed Ranipet manu...
Ola is racing ahead to build the world’s largest two-wheeler factory
India-headquartered Ola, one of the world’s leading mobility companies, has commenced construction of the world’s largest two-wheeler mega-factory on its 500-acre site. The company announced a Rs 2400 crore MoU with the Tamil Nadu government in December 2020 and rapidly completed land acquisition in January this year. The company is racing ahead to operationalise its factory in the next few months. An estimated more than 10 million man-hours have been planned to bring the...
Ford introduces new EcoSport SE featuring global design cues at INR 10.49 lakh
Expanding choices & delivering what consumers want and value, Ford India today introduced a brand-new variant to the EcoSport lineup, priced at INR 10.49 Lakh for petrol and INR 10.99 lakh diesel variants. Christened Ford EcoSport SE, the new variant features design cues borrowed from its American & European peers, where the compact SUV is sold without a rear-mounted spare wheel. “Customers increasingly follow global benchmarks in design and look for things that are u...
Royal Enfield collaborates with Knox, launches CE certified riding gear
Royal Enfield, the global leader in the mid-size motorcycle segment (250cc - 750cc), and Knox, experts and innovators of protective apparel and body armour, have collaborated to co-create a range of high protection, accessible riding gear, and CE certified external knee-guard called Conqueror. The launch is part of the long-term collaboration in line with Royal Enfield’s commitment to provide protection, comfort and aesthetically designed riding gear and accessories. Crafted wi...
India’s largest luxury car maker Mercedes-Benz today launched the much awaited A-Class Limousine in the Indian market, redefining the limousine portfolio and adding new ownership benchmark for the entire industry. The all-new A-Class Limousine is the longest and tallest in its segment. Extremely sporty and equipped with a high level of features and latest technology enrichments the new A-Class, strengthens the limousine offering of Mercedes-Benz. In addition, Me...
MG Motor India unveils Astor, with personal AI assistant and Autonomous technology
MG Motor India has unveiled MG Astor, India’s first SUV with personal AI assistant and first-in-segment Autonomous (Level 2) technology. Astor is based on the MG’s successful global platform, ZS. Based on MG’s design philosophy of Emotional Dynamism, Astor’s contemporary style will connect with consumers. It has a prominent Bold Celestial Grille that makes a solid on-road impression. The SUV poses an elegant and ready-for-action stance&nbs...
Å koda Auto India announces winner of 'Camouflage With Å koda' design contest
Skoda Auto India has announced the winner of the Camouflage design contest after receiving an overwhelming response from the budding Indian designers. Shreyas Karambelkar from Badlapur, Maharashtra has been awarded with the winner’s title by the esteemed jury. Shreyas will travel to Prague to meet the Head of Design, Škoda Auto a.s. Mr. Oliver Stefani, at the Škoda headquarters. In addition, the winning design will be applied on the testing prototype of the upcom...
WardWizard Innovations and Mobility signs MoU with the Government of Gujarat
WardWizard Innovations and Mobility Ltd (BSE Code: 538970) – one of the leading manufacturers of electric two-wheelers brand ‘Joy e-bike’, signed today a Memorandum of Understanding (MOU) with the Gujarat government to invest Rs. 500 crore. The agreement aims to foster the growth of the electric vehicle industry and meet the government’s vision of strengthening green mobility in the state. The signing ceremony of MoU with the Gujarat Government took place as part of...
TVS Motor Company signs MoU with Rapido; strengthens commitment to hyperlocal mobility
TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers globally, announced a strategic partnership with Rapido, India’s leading on-demand delivery and mobility platform today by signing a Memorandum of Understanding (MoU). As part of the MoU, TVS Motor and Rapido will look to collaborate by leveraging synergies of their respective businesses in the fast-moving mobility market in India. Buoyed by an increasingly urban population with ready a...
Hyundai Motor shares vision for Self-Driving IONIQ 5-based Robotaxi through new global campaign
Hyundai Motor Company today launched a global manifesto campaign called ‘Innovation Begins, from Very Human Things’ to share its vision for self-driving robotaxis. Motional, the global leader in driverless technology, will work in partnership with ride-hailing services to deploy the Level 4 autonomous vehicles across major U.S. cities starting in 2023. The all-electric IONIQ 5-based robotaxi (here after referred to as IONIQ 5 robotaxi), which was first unveiled at 20...
Tata Motors signs MoU for the potential acquisition of Ford India’s Sanand plant
Tata Passenger Electric Mobility Limited (TPEML), a subsidiary of Tata Motors Ltd, and Ford India Private Limited (FIPL), have today signed a Memorandum of Understanding (MOU) with the Government of Gujarat (GoG) for the potential acquisition of FIPL’s Sanand vehicle manufacturing facility including (i) Land & Buildings (ii) Vehicle Manufacturing Plant, Machinery and Equipment and (iii) transfer of all eligible employees of FIPL Sanand’s vehicle m...
Tata Motors signs MoU with EC Wheels India Pvt Ltd for biggest EV fleet deployment in Eastern India
Keeping the vision of a clean & green environment alive and supported by its move towards sustainable transportation, Tata Motors today announced its partnership with EC Wheels India Pvt. Ltd. (an Associate of Steelman Group), an app based urban transportation service in Kolkata to deploy 1,000 XPRES T Electric sedans for cab transportation. With a commanding EV market share of 90% in the east, the signing of this MoU makes for the biggest ever EV fleet order in the region. As part of thi...
MG Motor India unveils Next-Gen Hector with Autonomous Level 2 (ADAS) Technology
MG Motor India today unveiled the Next-Gen Hector which has a host of exciting new technologies, intuitive features and driving comfort. The Next-Gen Hector is built to further enhance the on-road experience with even better levels of safety and driving convenience. The new SUV, with its all-new striking bold exterior and mesmerising interiors, evolved safety features, and elegant design elements offer an unprecedented drive and user experience. The Next-Gen Hector, w...
Take the Grand Leap: The new BMW 3 Series Gran Limousine launched in India
BMW India has launched the new BMW 3 Series Gran Limousine in the country. Locally produced at BMW Group Plant Chennai, the car is available in both petrol and diesel variants at all BMW India dealerships. The new BMW 3 Series Gran Limousine takes on the position of the longest, most spacious and comfortable car in its segment. It offers superlative luxury, extraordinary driving dynamics and incredible innovations. Vikram Pawah, President, BMW Group India said, “The immensely succ...
MG Motor India, Adani TotalEnergies E-Mobility sign MoU to strengthen EV ecosystem
Adani TotalEnergies E-Mobility Limited (ATEL), a fully owned subsidiary of Adani Total Gas Limited (ATGL), and part of the diversified Adani Portfolio and MG Motor India signed a Memorandum of Understanding (MoU) to strengthen the EV charging infrastructure in India. The joint collaboration to develop the charging solutions for electric vehicle (EV) and value-added services to MG's EV customers nationwide and will underpin India's rapidly evolving EV ecosystem by helping build a robus...
Sterling Tools Limited (BSE: 530759) (NSE: STERTOOLS), the second largest automotive fastener manufacturer and, through its subsidiary, the leading manufacturer of Motor Control Units (MCUs) in India, has signed a Memorandum of Understanding (MoU) with South Korea’s, Yongin Electronics, a major supplier of components to the Hyundai Kia Motor Group. This strategic agreement, expected to generate INR 250 crore in business over the next 5 years, marks a crucial step in a...
Chinese investments in India to come under scanner: Sources
Investments from China in the automobile sector are expected to come under the scrutiny of the Indian government, according to reliable sources in the industry. This is in light of the current political situation between India and China, following which the Maharashtra government announced that it has put on hold the Memorandum of Understanding (MoU) with Chinese auto makers Great Wall Motors (GWM) and PMI Electro Mobility Solutions (joint venture with Foton). When contacted, GWM India did...
