Tata Motors, HSBC India Partner for Vehicle Financing
To offer supply chain financing options to their passenger and electric car dealers, Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM) have launched a strategic relationship with...
Royal Enfield Electric Bike Global Debut Confirmed
Prior to EICMA 2024 on November 4, Royal Enfield made clear that its first electric bike will make its debut. A variety of bikes catering to different market sectors are...
Microchip Unveils LAN969x Switches and VelocityDRIVE Platform
Microchip Technology has announced its new family of LAN969x Multi- Gigabit Ethernet Switches and VelocityDRIVE™ Software Platform (SP), which is a turnkey Ethernet switch software solution and Configuration Tool (CT)...
Accuron and Hyundai CRADLE Invest in Xnergy’s Contactless EV Charging
Accuron and Hyundai CRADLE have partnered to announce a strategic investment in Singapore-based Xnergy Autonomous Power Technologies (Xnergy). The startup is renowned for creating cutting-edge contactless charging systems that improve self-driving...
ChargeZone Launches Battery-as-a-Service for Commercial EVs
The Battery Passport System is a new offering from ChargeZone. This digital platform collects extensive data at every stage of a battery's lifecycle to create a full record. The Battery...
BMW Sales Fall; CEO Urges Cancelation of Fossil Ban
The German luxury manufacturers BMW and Mercedes reported lower third-quarter sales due to weak demand and fierce competition in China. The German auto industry is dealing with a number of...
Vajram Electric Acquires 40% Stake in Varcas Automobiles
Vajram Electric Ltd., a subsidiary of eBikeGo, has purchased a 40% share in Hyderabad-based Varcas Automobiles Pvt Ltd, an electric vehicle manufacturer. The purpose of this acquisition is to increase...
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