Ola Electric Mobility is set to begin delivering its motorcycles by the end of this month or early April, according to Harish Abichandani, CFO of Ola Electric. Abichandani said the company is on track to significantly expand its product portfolio, and market share will be a result of continued expansion in distribution and product availability. … Read more
Travel costs in Bengaluru are about to rise as auto-rickshaw fares might increase, following recent hikes in BMTC bus fares by 15% and Metro fares by up to 71%. On March 12, 2025, Sahil Bagla, the Deputy Commissioner of Police (Traffic-East), held a meeting with KS Soundarya from the RTO (Auto-rickshaw permits), Jayanagar RTO S … Read more
Electric motorcycle startup Raptee.HV is in discussions to raise $19 million in Series A funding to ramp up production and expand marketing efforts, according to Dinesh Arjun, Co-Founder and CEO. The company, which has already secured $5 million in funding, plans to close the first tranche of this new investment within the next few weeks. … Read more
The Delhi government has announced key highlights of the proposed Delhi EV Policy 2.0, aiming to make 95% of new vehicle registrations electric by 2027. The policy, reviewed by Transport Minister Pankaj Kumar Singh, outlines a roadmap to accelerate the city’s transition to electric mobility while strengthening its position as India’s leader in EV adoption, … Read more
The Ministry of Corporate Affairs (MCA) on Monday clarified that no final conclusion has been drawn yet in the investigation into the affairs of Hero MotoCorp and Salt Experiences and Management Private Limited (SEMPL), refuting recent reports that suggested the company had been given a clean chit. In an official statement, the ministry stated that … Read more
Honda Cars India Ltd (HCIL), on Monday, named Takashi Nakajima as its new President and Chief Executive Officer (CEO), starting April 1, 2025, taking over from Takuya Tsumura. This announcement was made as part of Honda Motor Co., Ltd.’s yearly management updates. Nakajima began working at Honda in 1994 and has over 30 years of experience. … Read more
Electric two-wheeler maker Ather Energy Ltd has taken a significant step toward its much-anticipated initial public offering (IPO) by converting its outstanding compulsory convertible preference shares (CCPS) into equity. The move is part of the company’s preparation for its IPO, expected to be launched in April, according to merchant banking sources. According to a Registrar … Read more
SUMMARY From war rooms to CCTV cameras and wide FOBs – check the details of how the Railway Minister Ashwini Vaishnaw plans to mitigate crowd management at the railway stations in India. By Ritesh March 7, 2025, 5:11:18 PM IST (Updated) 1 / 7 Union Minister of Railways, Ashwini Vaishnaw, headed a high-level meeting on … Read more
The automotive industry witnessed significant launches and updates this week. Harley-Davidson introduced its most powerful and expensive bike, the CVO Road Glide RR, while Volvo unveiled the XC90 facelift. Additionally, Ultraviolette launched its electric scooter and motorcycle at a discounted price for a limited number of initial customers. Harley-Davidson Powerhouse Bike Harley-Davidson launched its most … Read more
The Ministry of Defence, on Friday, entered into a $248 million agreement with Russia’s Rosoboronexport (RoE), according to a PIB report. This contract covers the purchase of 1000 horsepower engines for the Indian Army’s T-72 tanks, as confirmed by the deal’s terms. The engines will be delivered in three forms- fully assembled, completely disassembled, and … Read more