Tata Motors’ Electric Vehicle (EV) manufacturing unit Tata.Ev, one of the large automobile companies, has become more than two lakh units. The company has announced some benefits for customers for the next 45 days. These include exchange bonus as well as up to 100 percent finance. Tata Motors has the highest stake in the market…
Electric motorcycle making Revolt Motors has launched the RV Blazex electric motorcycle. It has more powerful electric motor. However, some of its parts are similar to the company’s entry-level electric motorcycle RV1. The initial price of RV Blazex is about 1.15 lakh rupees (ex-showroom). The company has started taking booking for this. This Electric motorcycle…
The Sales of Electric Vehicle (EV) of Tata Motors, one of the large automobile companies, have declined in the current financial year. Along with this, there has been a decrease in the company’s market share in this market. The collision from companies like MG Motor is a big reason behind this. In February, EV sales…
Ola Electric has become the first electric two-wheeler maker to get subsidy under the Central Government’s production-linked incentive (PLI) scheme, one of the large electric two-wheeler companies. This scheme was launched to promote the localization of automotive technology in the country. Ola Electric has told the stock exchange in a filing that its subsidiary Ola…
The Karnataka government has given an incentive of about Rs 6,970 crore to the American devices maker Apple’s contract manufacturer Foxconnn. Apple’s iPhone has a major share in manufacturing. It has manufacturing plants in India as well as China. The Government of Karnataka has given this incentive to Foxconn under the Special Scheme for the…