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  1. Business News
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  3. express mobility desk

Express Mobility Desk

Bentley car
Demand for customisation helps Bentley double its profits in H1 of 2022

Bentley’s first-half operating profit more than doubled, boosted by increased customisation of cars as sales rose significantly in Europe and…

By Express Mobility Desk
Updated: July 31, 2022 20:19 IST
Sundram Fasteners reports record profit of Rs 130 crore in Q1 FY2023

Sundram Fasteners plans to invest Rs 350 crore over the next 5 years for manufacturing advanced automotive technology components for…

By Express Mobility Desk
Updated: July 29, 2022 16:44 IST
Ashok Leyland reports net profit of Rs 68 crore in Q1 FY2023

In the first quarter, the company was able to increase its market share in the M&HCV segment from 27% to…

By Express Mobility Desk
July 29, 2022 16:26 IST
India may fall behind its 2030 EV sales projection by 40%, says research

Ramping up charging infrastructure, offering financial solutions, introducing mandates and aligning state policies with national ambition is key to accelerating…

By Express Mobility Desk
July 29, 2022 16:15 IST
JK Tyre unveils new range of smart radial tyres for electric vehicles

The company says that it has developed technologies to cater to the special needs of EVs and ensures ultra-low rolling…

By Express Mobility Desk
July 29, 2022 15:56 IST
Audi Group reports 4.9 billion euro in operating profit for H1 2022

The company said that its potential performance was not achieved due to the ongoing semiconductor crisis and Covid-19-related lockdowns in…

By Express Mobility Desk
July 29, 2022 15:39 IST
sun mobility battery swapping, letstransport battery, last mile mobility
LetsTransport partners Sun Mobility to electrify last-mile delivery through battery swapping

The partnership aims to enable their current fleet of electric vehicles powered by battery swapping technology to expand to 2,000…

By Express Mobility Desk
July 29, 2022 11:20 IST
Ola inks PLI agreement with Heavy Industry Ministry to make EV batteries in India, mass production to begin in 2023

Ola Electric is among the four companies – Rajesh Exports, Hyundai Motors Global, Ola Electric Mobility and Reliance New Energy…

By Express Mobility Desk
July 28, 2022 18:19 IST
Olectra Greentech
Olectra reports net profit of Rs 304.7 crore for Q1 FY23

The OEM says it recorded higher operating income in the current quarter from its Pune bus operations. The Profit after…

By Express Mobility Desk
July 28, 2022 18:08 IST
In electric three-wheeler segment, 90% buyers seek financing
Omega Seiki Mobility, Log9 unveil co-developed Rage+ RapidEV Pro electric three-wheeler

In a bid to increase the efficiency and productive use of the vehicle fleets, Log9 and OSM have also tied…

By Express Mobility Desk
July 28, 2022 18:02 IST
TVS Motor Co reports net profit of Rs 321 crore for Q1 FY23
TVS Motor Co reports net profit of Rs 321 crore for Q1 FY23

For Q1 FY2023, the EBITDA was Rs 599 crore as against Rs 274 crore during the same period last year.…

By Express Mobility Desk
July 28, 2022 17:54 IST
Altair India inks pact with FIIT-IIT Delhi to support startups
Altair India inks pact with FIIT-IIT Delhi to support startups

As part of the Altair incubator outreach initiative, Altair collaborates with startup incubators to identify, support, and mentor budding startups…

By Express Mobility Desk
July 28, 2022 17:34 IST
Tata Motors partners Axis Bank for electric PV financing
Tata Motors partners Axis Bank for electric PV financing

Under this scheme, dealers can avail inventory funding over and above their ICE finance limit with attractive pricing linked to…

By Express Mobility Desk
July 28, 2022 17:06 IST
BluSmart receives VERRA accreditation on carbon emission
BluSmart receives VERRA accreditation on carbon emission

All the fleet of BluSmart will generate certified positive climate impacts and will receive the carbon credits for 10 years.

By Express Mobility Desk
July 28, 2022 14:58 IST
EV sales in India to cross 9 million units by 2027, report
EV sales in India to cross 9 million units by 2027, report

IVCA hosted an event and launched a report on “Electrifying Indian Mobility” in Mumbai, in partnership with EY and IndusLaw.

By Express Mobility Desk
Updated: July 27, 2022 17:45 IST
ICICI lombard
ICICI Lombard launches Motor Floater Insurance, Pay-As-You-Use, and Pay-How-You-Use to its motor insurance offerings

ICICI Lombard, a private general insurance company, launched a slew of solutions within motor insurance aimed at further enriching the…

By Express Mobility Desk
July 27, 2022 15:01 IST
Hero manufacturing facility
Hero MotoCorp partners Accenture for supply chain solutions

Hero MotoCorp has partnered with Accenture to help optimise its supply chain solutions and train its workforce using AI and…

By Express Mobility Desk
Updated: July 27, 2022 14:23 IST
EVs main components
EV component market in India to touch Rs 72,500 crore by 2027 says Crisil

According to a report by Crisil, the EV share in auto components is likely to reach 9-11 per cent by…

By Express Mobility Desk
Updated: July 27, 2022 14:32 IST
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