According to a top Tata Motors executive, sales of electric vehicles in the local market are predicted to increase tenfold over the next five years, but they will fall short…
sales
GT Force has announced a strategic partnership with ESAF Small Finance Bank to provide retail finance solutions for its customers. This collaboration aims to enhance accessibility for potential buyers, enabling…
Sachin Shende has been named National Head of Sales and Marketing at Jitendra New EV. Shende possesses over twenty years of experience in the automotive industry, specialising in 2W, 3W,…
Ford EV sales surged in May despite the company’s recent retreat from its electric car strategy due to “slower-than-expected” demand. Sales of all Ford electric vehicles, such as the Mustang…
As of April 2024, MG India has reported a 6% month-over-month gain. In May 2024, the company sold 4,769 cars in spite of a difficult market. An overwhelming amount of…
In April of 2024, sales of Ford hybrid cars in the US reached 17,997 units, a startling 60% rise over the same period the previous year and a new monthly…
e-Sprinto has achieved a new milestone with a remarkable 50% overall growth achieved during the initial quarter of 2023. This substantial growth reflects the brand’s strong market presence and growing…
Ola Electric has received $140 million in a funding round led by Temasek, valuing the Indian e-scooter manufacturer at $5.4 billion. This funding round has already been completed, with Ola…
Hero MotoCorp has revealed its interest in investing Rs 550 crore in electric scooter manufacturer Ather Energy. Hero MotoCorp, an existing shareholder of Ather Energy, currently has a 33.1% equity…
Enigma has revealed its plans to expand its team size by hiring an additional 50 employees this year. With a current employee count of 24, the company plans to have…