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Noida based Bestway Agencies Pvt. Ltd. (BAPL) sells affordable electric rickshaws under ELE brand Ampere Vehicles is acquiring Noida based E-3Wheeler company, Bestway Agencies Pvt. Ltd. (BAPL), which sells e-Rickshaws under the ELE brand. Ampere will have 74 percent stake in the company, subject to customary closing conditions. With this acquisition, Ampere expands its presence […] More
This has been revealed in the new list of activities published by the Ministry of Home Affairs. Many players in the auto industry were hopeful that auto manufacturing will be allowed to commence once the 1st lockdown ends on April 14. But the lockdown has now been extended to 3rd May 2020. From 20th April, […] More
PM Narendra Modi. File Photo. The current COVID-19 pandemic in the country that has affected human life and the entire economy across the world. Federation of Automobile Dealers Association (FADA) has written to the Prime Minister Narendra Modi citing some challenges faced by the auto industry in India and seeking some favors to help the […] More
Car park inside Hyundai India Chenna Plant. File Photo. The Indian auto industry is facing one of its worst slowdowns over the past several months and the novel coronavirus outbreak has added to the woes. It may be noted that the domestic volumes declined 17-18 percent in FY20 both where passenger vehicles and two wheelers […] More
The 21 day national lockdown as announced by Prime Minister Narendra Modi has been followed by all states in India with borders shut. This lockdown announcement was made on March 24 with only 4 hours notice which caught transporters and truck drivers off guard. This extended lockdown and the present uncertain scenario in the country […] More
File Photo. Credit – Achin Auto dealers operating in India are facing a tough time thinking if they can remain in business after present situations achieve normalcy. COVID-19 aka corona virus lockdown procedures were undertaken by India (as well as many other countries) with proper warnings but limited time for preparation. At present, businesses that […] More
The Automotive Component Manufacturers Association (ACMA) has sought Government of India intervention to protect the component industry in view of the outbreak of the coronavirus pandemic. Every automaker in the country has shut down plants and production is at a complete standstill while there is no knowing when the situation will improve. The COVID-19 outbreak […] More
Tata Ultra T7 EV Electric Truck Tata Ultra T7 EV electric truck is the first of its kind in India and has a claimed range of 100km on a full charge Tata Motors had showcased the Ultra T7 (written as ‘T.7’) EV at the 2020 Auto Expo as one of its novel electric commercial products. […] More
