Maruti Suzuki India has released the monthly sales numbers for June 2021, during which the company's total sales (domestic + exports) stood at 147,368 units. This includes the cumulative domestic sale of 130,348 units and exports of 17,020 units.
The cumulative wholesales of Toyota in the first six months of the calendar year 2021, stands at 59332 units when compared to 28686 units sold in the corresponding period last year, thereby registering a growth of 107 per cent.
Bangalore-based Incredible Technologies Private Limited (CredR), has raised Rs. 48.1 crore in its latest round led by Yamaha Motors, and existing investors Omidyar Network India and Eight Roads Ventures, with participation from automotive focused Astarc Ventures.
Mercedes-Benz's digital platform, which was launched last year in April, has shown a decent contribution towards its over sales in India. The carmaker has confirmed that 20 per cent of its sales come from the 'Merc From Home' platform.
The Hyundai Alcazar is the 10 millionth car to roll out of the production line at HMIL's plant in presence of M K Stalin- Chief Minister of Tamil Nadu who also signed on the car's hood to mark the occasion.
Bengaluru-based logistics platform, Cogos, has announced that it will be adding 2500 electric vehicles (EV) to its delivery fleet across Bangalore, Hyderabad, Delhi and Gujarat, and later in Maharashtra and Tamil Nadu.
In addition to supplying the buses to the Research & Development Centre of IOCL, Tata Motors will also collaborate with them to undertake R&D projects and collectively study further the potential of Fuel Cell technology for commercial vehicles.
Chinese electric vehicle maker Xpeng Inc will raise $1.8 billion by pricing its shares at HK$165 ($21.25) each as part of its Hong Kong dual primary listing, two people with direct knowledge of the matter said.