Will rural sector buck the trend and help revive auto sector?

ACMA, an apex body representing the interests of the Indian auto component industry, announced that around one million jobs could be lost if the slowdown, that has set in unnoticed last year, persisted. Continue Reading

Two-wheeler makers given 2 weeks to draw up EV plans

The government’s push towards electrification of vehicles began when the Faster Adoption and Manufacturing of (Hybrid and) Electric vehicles (FAME) scheme was rolled out mid way through the decade. Continue Reading

Ola Electric intensifies EV bout, raises Rs 400 cr

Led by two of Ola’s earliest backers, Tiger Global and Matrix India, the company will be now be headed by Anand Shah and Ankit Jain, who were involved with Ola in the past, a release said. Continue Reading