TVS Motor Company has acquired Bengaluru-based start-up Intellicar in a cash deal of Rs. 15 crore, with the company developing integrated IoT solutions for fleet tracking and predictive maintenance for a range of vehicles.
Bollywood actor John Abraham has recently added two new motorcycles to his superbike collection, which include the BMW S 1000 RR, and the Honda CBR1000RR-R Fireblade.
In the latest interaction session with FADA Governing Council Members, the Union Minister for Road Transport and Highways of India Nitin Gadkari has informed that the electric and biofuel operated two-wheelers can be used as a taxi.
The Ather 450 was the company's halo product launched back in 2018 and helped the Bengaluru start-up put its name on the map in the electric mobility sector. The company is now replacing the 450 with new and improved 450 Plus and 450X that share the same underpinnings but with hardware and software enhancements.
Hero MotoCorp has appointed Michael Clarke as the new Chief Operating Officer (COO) and Chief Human Resource Officer (CHRO). He will be based out of India and will join office from January 1, 2021.