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Hero Electric, the largest E2W company in India, inked a partnership with Battrixx, an advanced battery pack manufacturer for developing ‘Made in India’ lithium-ion batteries. Conceptualized and designed in-house by the Hero’s R&D team, these are the latest technology batteries electrifying its entire e-scooter range. This partnership supports battery safety advancements, reliability, and performance and fully supports Hero's aggressive production line...
Vehicle recycling centers await clarity on scrappage policy
By 2025, the number of end-of-life vehicles (ELVs) is expected to increase by a whopping 250 percent and is touted to be over 21.8 million from 8.7 million ELVs that were reported in 2015. Despite a constant rise in these numbers, India, currently lacks presence of formal vehicle recycling centers, and continues to be completely dependent on smaller, semi-formal units that are known to deploy unhealthy methods of dismantling and recycling of vehicles. As the number of ELVs is expected to incr...
Ajinkya Firodia: Man on a Mission
Kinetic Engineering Ltd., recently announced a strategic investment of INR 177 Crore led by the promoters to drive transformation with an aim to achieve INR 1,000 Crore revenue target by 2029. The promoters have already committed to an initial investment of INR 55 Crore by March 2025. With the company gearing itself up for a major focus on EV innovation, we caught up with Ajinkya Firodia, Vice Chairman, Kinetic Group, to learn more about his plans and the direction in which he plans to steer ...
