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Auto Industry
Shubham Parashar
Jul 1, 2021, 10:12 AM
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.
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Charanpreet Singh | Jul 1, 202120% Of Mercedes-Benz India's Sales Come From Online Platform: Santosh IyerMercedes-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.1 min read
Seshan Vijayraghvan | Jun 30, 2021Lexus India Launches 'Lexus Life' Ownership Programme; Enters Used Car Business With 'Lexus Pre-Owned'Lexus India today announced the launch of 'Lexus Life', a special ownership program for its buyers in the country.1 min read
Shubham Parashar | Jun 29, 2021Hyundai Motor India Achieves 10 Million Production MilestoneThe 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.2 mins read
Seshan Vijayraghvan | Jun 30, 2021Logistics Company Cogos To Add 2500 EVs To Its Fleet Over Next 24 MonthsBengaluru-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.1 min read
car&bike Team | Jun 30, 2021Tata Motors Bags Order For 15 Hydrogen Fuel Cell Powered Buses From IOCLIn 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.1 min read
car&bike Team | Jun 30, 2021Chinese EV Maker Xpeng To Raise $1.8 Billion In Hong Kong Listing: ReportChinese 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.1 min read
Seshan Vijayraghvan | Jun 30, 2021Skoda Sells More Rapid TSI Now Than Older Petrol & Diesel Models Combined: Zac HollisReiterating the company's confidence in going petrol-only with the TSI engines, Skoda Auto India's Brand Directed, Zac Hollis told carandbike that the company sells more units of the TSI version of the Rapid compared to the older petrol and diesel models combined.1 min read
Seshan Vijayraghvan | Jun 30, 2021ZF Plans To Invest Nearly Rs. 1800 Crore In India Over The Next Few YearsGerman driveline and chassis maker, ZF, has announced its plan to invest around 200 million Euros, which is nearly Rs. 1800 crore, in its India business, over the next few years.1 min read
