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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...
Renault and Nissan renew commitment to Indian operations through new investment and vehicles
Renault and Nissan have announced a new long-term vision for India, increasing production and R&D activities, introducing electric vehicles, and transitioning to carbon-neutral manufacturing. From their base in Chennai, the companies will collaborate on six new production vehicles for domestic and international customers, including two new fully electric vehicles, uplifting the Renault-Nissan centre into an international export hub. An initial investment of around $600m USD / â‚Â...
‘Space Age,’ ‘Quirky,’ ‘Savvy’ and ‘Intelligent’ are some of the words that best describe Ather Energy’s latest model, the 450X, which is not just a beautiful machine but one that is also big on Tech. What that translates as is a price tag that is slightly on the “steeper” side. But then, the 450X, is such a wild thing and so much fun that you can be assured of a really good time. We tell you why the 450X makes a strong case fo...
The Ola electric scooter has been testing on Indian roads for quite some time now and the market is abuzz with talk about all that is going to be on offer. In fact, just a few days back, Ola created history by becoming the most pre-booked scooter in the world! Crazy right? Not really. Afterall, Ola is building the World’s biggest scooter manufacturing plant in Tamil Nadu. You too can book yours through the company’s official website for a mere INR 499 and with so many b...
