Auto Industry News

ATUM Charge is a self-sustaining solar-powered EV charging stations, which comes with a 5.2KW ATUM Solar Roof, which is an electricity-generating solar roof. The charging station has been set up in Malad.

The axing of Tobias Moers doesn't come as a surprise, since speculations about his imminent departure from the British firm started earlier this year, ever since the former AMG boss made some tough decisions to get the company back on track.

EVET will provide companies with its fleet of electric vehicles for mid-mile food deliveries.

In Q4 FY2022, Hero MotoCorp achieved a profit after tax of Rs. 627 crore, witnessing a drop of 28 per cent compared to the Rs. 865 crore profit registered in the quarter that ended on March 31, 2021.

Oil slipped by more than 1% on Tuesday as concerns about demand due to China's prolonged COVID lockdowns outweighed support from a possible European oil embargo on Russia over its actions in Ukraine.

The funds will be allocated by the Department of Energy from the $1 trillion infrastructure bill President Joe Biden signed last year.

In April 2022, WardWizard, manufacturer of Joy e-bike electric two-wheelers, sold 4,087 units in India, witnessing a more than 8-fold growth of 766 per cent compared to the 472 electric two-wheelers sold in April 2021.

In April 2022, Mahindra's Farm Equipment Sector sold 39,405 in India, a growth of 51 per cent compared to the 26,130 units sold in April 2021. The company also exported 1,534 tractors from India witnessing a growth of 10 per cent against last year.