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BYD Opens It’s 42nd Dealership Showroom In India
July 18, 2025
The new facility, located in Sonipat, Haryana, was launched in association with SAMTA BYD (Samta Greentech), further strengthening BYD’s growing presence in the Northern part of India.
MT Bureau
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International Finance Corp Invests $20 Million in Transvolt Mobility
July 18, 2025
Transvolt aims to deploy the funding towards expanding its electric fleet to 3,500 vehicles and create 8,200 jobs over the next five years. It also aims to deploy 8,000 electric heavy commercial vehicles, including buses and trucks, across India.
MT Bureau
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Parkobot Raises INR 21 Million in Seed Round
July 18, 2025
Parkobot enables owners to monetise private parking spaces hourly. A mobile app provides real-time, location-based booking. The platform features an in-house tech stack, scalable IoT devices and automation.
MT Bureau
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Kinetic Green, Tonino Lamborghini Unveil Electric Carts For Global Market, Target $300M Revenue In 5 Years
July 17, 2025
This aggressive growth plan underscores the company's confidence in disrupting the estimated USD 5 billion global electric golf and lifestyle cart market.
MT Bureau
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India Begins Work on Automotive Mission Plan 2047
July 17, 2025
AMP 2047 aims to build on earlier Automotive Mission Plans, which supported the automotive sector's expansion through collaboration among stakeholders. The new plan seeks to improve innovation, global competitiveness and sustainable development. The goal
MT Bureau
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Lohia Auto Launches Youdha EPOD At INR 270,000, Targets INR 10 Billion Revenue By 2030
July 17, 2025
At present, Lohia Auto’s manufacturing facility in Kashipur, Uttarakhand, has an installed annual capacity of 100,000 units. Through passenger and cargo EVs, the company targets a revenue milestone of INR 10 billion by 2030.
Mohnish Bose
