Daimler Truck AG, Mitsubishi Fuso Truck and Bus Corporation, Hino Motors and Toyota Motor Corporation gave an update on the progress of the collaboration based on the Memorandum of Understanding. In May 2023, Daimler Truck, Toyota, MFTBC, and Hino concluded an MoU on accelerating the development of advanced technologies and merging MFTBC and Hino. The planned collaboration is aimed at[Read More…]
Wardwizard Innovations & Mobility Limited (WIML), a leading manufacturer of electric vehicles under the ‘Joy e-bike’ brand, has been honoured with the “Prestigious Rising Brands of Asia 2023-24 Award” at the Global Business Symposium (GBS), hosted by BARC ASIA, ERTC Media, and Herald Global in Dubai, UAE. “Prestigious Rising Brands of Asia 2023-24” is a listing of remarkable brands that have[Read More…]
The volumes for the domestic commercial vehicle (CV) industry are expected to remain muted through Q4 FY2024 as the base effect catches up in addition to a perceived pause in the infrastructural activities as the model code of conduct kicks in ahead of the General Elections. ICRA estimates the domestic CV industry volumes to register 2-5% YoY growth in volumes[Read More…]
Recent reports suggest that the Adani Group is in talks to establish a partnership with Uber, aiming to introduce electric cars. This collaboration seeks to integrate Uber services into Adani One, a platform launched by the conglomerate in 2022. During a meeting between Gautam Adani, the Chairman of Adani Group, and Uber CEO Dara Khosrowshahi on February 24, discussions hinted[Read More…]
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