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TICMPL has inked agreements with M&G Investments to raise about Rs 310 crore in equity and compulsorily convertible preference shares (CCPS).
Over the next three years, the joint company plans to expand to over 10,000 battery-switching facilities in 40+ cities.
According to data from the Vahan Dashboard, the E-3W L5 Passenger category sold 7,479 units in May 2024 compared to 2,905 in May 2023.
In this news, we will examine the sales performance of the E-rickshaw and E-cart segments in May 2024 based on the data from the Vahan Dashboard.
In this news, we will analyze the brand-wise sales trend of Electric buses in India in May 2024 based on the data from the Vahan Dashboard.
The new subsidiary will be named "TML Commercial Vehicles Limited" or another name approved by the Ministry of Corporate Affairs, according to the company's regulatory filing.
Pusa Basmati varieties boost yields and income, saving water and improving productivity for Indian paddy farmers.
BEML's shares fell 19%, Ashok Leyland, one of India's leading CV manufacturers, fell 12%, Olectra Geentech Ltd, which manufactures electric buses, was also down 9%, and Hindustan Aeronautics fell 17%.
Overall, export sales of Eicher trucks witnessed growth in May 2024, with a total of 282 CV units sold as compared to 175 units sold in May 2023.
The new showroom will provide the company's Internal Combustion Engine (ICE) models to Electric Vehicles (EVs), as well as a workshop and spare parts facility.
Mahindra guarantees a minimum resale value of INR five lakh after five years, giving buyers confidence in the future worth of their vehicle.
Sarathi Suraksha Policy is an insurance coverage designed to protect the driver community.
VST's May 2024 sales report shows increased tractor sales but a significant decline in power tiller sales compared to 2023.
The banks also approved fund-based working capital limitations of Rs 50 crore.
Ashok Leyland's May '24 total sales experienced a 6.03% increase, with 12,219 units sold. Domestic and export sales increased by 4.49% and 65.64%, respectively.
