Simple Energy raises Rs 250 crore in Series B, eyes production expansion
Staff WriterBengaluru: Electric two-wheeler maker Simple Energy has raised ₹250 crore in a mix of debt and equity as part of its Series B funding round, aimed at scaling up…
Dhoot Transmission ties up with Israel’s RideVision for ADAS push in India
Staff WriterMumbai: Dhoot Transmission Limited has partnered with Israel-based RideVision to develop and localise Advanced Driver Assistance Systems (ADAS) solutions for the Indian market, marking its entry into intelligent mobility…
Spiro raises $215 mn to scale Africa EV push with Pune tech hub
Staff WriterPune: Indian entrepreneur Gagan Gupta-founded African electric mobility platform Spiro has raised $215 million in a new funding round backed by global institutional investors, including Impact Fund Denmark and…
Kia India records highest-ever May sales at 27,586 units; registers 23.6% YoY growth
Staff WriterNew Delhi: Kia India, one of the country’s leading mass-premium automakers, on Monday announced its highest-ever May sales since inception, with wholesale volumes of 27,586 units, recording a 23.6%…
Tata Motors PV sales jump 42 pc to 59,790 units in May
Staff WriterMumbai: Tata Motors Passenger Vehicles Ltd on Monday reported a 42 per cent year-on-year increase in total sales at 59,790 units in May 2026, driven by strong demand across…
Ashok Leyland sales slip 4 pc in May on weak M&HCV demand
Staff WriterNew Delhi: Ashok Leyland on Monday reported a 4 per cent year-on-year decline in total vehicle sales at 14,923 units in May 2026, weighed down by weak demand in…
Tata Motors CV sales rise 17 pc to 32,850 units in May
Staff WriterMumbai: Tata Motors on Monday reported a 17 per cent year-on-year increase in total commercial vehicle sales to 32,850 units in May 2026, driven by strong growth in domestic…
Escorts Kubota tractor sales rise 19 pc in May
Staff WriterNew Delhi: Escorts Kubota Ltd on Monday reported an 18.9 per cent increase in tractor sales at 12,310 units in May 2026, compared with 10,354 units in the same…
VECV sales rise 8 pc in May on strong domestic demand
Staff WriterNew Delhi: VE Commercial Vehicles (VECV) on Monday reported a 7.8 per cent year-on-year increase in total sales to 7,978 units in May 2026, driven by robust growth in…
Piaggio joins SBI to finance 3-wheelers under UP CM Yuva Yojna
Staff WriterPune: Piaggio Vehicles Pvt Ltd (PVPL) has partnered with State Bank of India (SBI) to provide financing support for three-wheelers under the Uttar Pradesh government's CM Yuva Yojna, aimed…