News

Medium and Heavy Commercial vehicle saw 0.41 per cent growth in Q1 2023-24

Medium and Heavy Commercial vehicle saw 0.41 per cent growth in Q1 2023-24

Medium and Heavy Commercial vehicles have seen a growth of 0.41 per cent despite the overall Commercial Vehicles segment has dipped 1.52 per cent as compared to the Q1 (April to June) of last year. The society of Indian Auto Manufacturers (SIAM) has released the Q1 performance report of the Indian Auto Industry 2023-24 in which the above mentioned is[Read More…]

by July 13, 2023 News
Vedanta Aluminium expands fleet of electric forklifts

Vedanta Aluminium expands fleet of electric forklifts

Vedanta Aluminium, a business of Vedanta Limited, announced to now have the country’s largest fleet of electric forklifts working on lithium-ion batteries, with a total of 44 units deployed across Odisha and Chhattisgarh. The company has also recently commissioned India’s first 10-ton electric forklift at its mega aluminium smelter in Jharsuguda, Odisha. In addition, it has also inducted 3-ton and[Read More…]

by July 6, 2023 News
Tresa Motors unveils electric truck for the global market

Tresa Motors unveils electric truck for the global market

Bengaluru-based Emobility start-up, Tresa Motors has unveiled its first electric Truck, the Model V0.1, built on the Axial Flux Motor Platform: FLUX350. As per the company, this truck is made for the global market and can deliver 350kW of continuous power. Currently, India has a fleet of 2.8 million trucks, contributing to 60 per cent of emissions, highlighting the urgent[Read More…]

by July 4, 2023 News

Epsilon Advanced Material to setup EV battery component unit is USA worth USD 650 million

Epsilon Advanced Materials (EAM),  a battery material maker in India has announced its plans to invest USD 650 million in the USA for setting up a new battery material facility. The company will establish 50,000 TPA synthetic graphite anode manufacturing facility in the USA to supply high-capacity anode materials produced through green technologies. The proposed facility in USA will provide[Read More…]

by June 26, 2023 News