TVS Aims to Scale Up Play in EV Segment by Leveraging Production-Linked Incentive Scheme

TVS Aims to Scale Up Play in EV Segment by Leveraging Production-Linked Incentive Scheme

TVS aims to build a “sustained dominant play” in the electric vehicle segment by leveraging various government initiatives like production-linked incentive scheme, among others. As per its annual report for 2021-22, the company has robust plans to scale up its play in the electric segment. “The PLI (Production-Linked Incentive) and FAME…

Elon Musk Says No Plant in India Until Tesla Allowed to Sell, Service Imported Cars

Elon Musk Says No Plant in India Until Tesla Allowed to Sell, Service Imported Cars

Hinting that Tesla will not put a manufacturing plant in India the carmaker’s chief executive officer (CEO) Elon Musk said on Friday tweeted that until the company is first allowed to sell and service imported cars in the country there will be no setting up of the bases.Responding to an…

DTC’s Electric Bus Broke Down Hours After Being Flagged Off, Repaired to Be Back on Roads

DTC’s Electric Bus Broke Down Hours After Being Flagged Off, Repaired to Be Back on Roads

One of the 150 new electric buses, inducted in DTC’s fleet on Tuesday, broke down owing to increase in the vehicle’s temperature beyond the specified limit, hours after being flagged off from the Indraprastha Depot here. The Delhi Transport Corporation, however, said the bus stopped because of an in-built security…

Magenta to Hire Over 340 People Across Roles With New Offices Opening in Delhi-NCR, Hyderabad, Bengaluru

Magenta to Hire Over 340 People Across Roles With New Offices Opening in Delhi-NCR, Hyderabad, Bengaluru

Home-grown electric vehicle charging and mobility solutions company Magenta on Tuesday said that it will hire more than 340 people in 2022. The announcement comes amidst Magenta expanding its geographical presence with new offices in Bengaluru, Hyderabad and Delhi NCR, the company said in a statement. The company is looking…

Ola Electric Upgrading VCUs on Older S1 Pro Electric Scooters to Avoid Further Recalls: Report

Ola Electric Upgrading VCUs on Older S1 Pro Electric Scooters to Avoid Further Recalls: Report

Ola S1 Pro electric scooters are reportedly receiving an upgrade to the vehicle control unit (VCU) in order to accommodate future updates and to mitigate heating issues, pre-emptively preventing further recalls. New Ola S1 Pro units are being shipped with an upgraded VCU with more RAM and onboard storage, according…