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BS-VI emission norms to force a 10-12 per cent rise in prices of two-wheelers: ICRA

By : Sustainability ..., Jan 24, 2020

The demand for domestic two-wheelers is likely to remain weak in the near-term on the back of the implementation of BS-VI norms, which is expected to further force a 10-12 per cent increase in ownership cost across segments, according to credit rating agency ICRA. According...

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Foton PMI to invest Rs 500 cr to set up electric bus manufacturing unit in Pune

By : Sustainability ..., Nov 8, 2019

PMI Electro Mobility Solutions Pvt Ltd (PEMSPL) on Thursday said it plans to invest Rs 500 crore along with its Chinese partner Beiqi Foton Motor Co (Foton) for setting up an electric bus manufacturing plant at Pune in the next two to three years. PEMSPL, which holds 70 per...

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S-CCI India eyeing CV market to fuel growth

By : Sustainability ..., Oct 25, 2019

Commencing operations in 1985, S-CCI India Limited is setting up a plant at Gujarat to expand its reach in the CV market. Set up in collaboration with CCI Corporation, Japan, the company, a leading manufacturer of coolants and brake fluids, is catering to OEMs like Maruti...

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Ashok Leyland ready to partner with Elon Musk's Tesla for electric cars in India

By : Sustainability ..., May 22, 2019

Tesla CEO, Elon Musk has been trying to enter the India market for a while now, with no concrete result. Now, however, Musk seems to have an open invitation from Indian commercial vehicles...

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Karnataka govt to introduce 3,000 e-buses, says minister

By : Sustainability ..., Feb 1, 2019

The Karnataka government on Wednesday said it is looking at introducing 3,000 e-buses in the state as part of its e-vehicle promotion policy in the next three years. 

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