American devices maker Apple is preparing to invest about one billion dollars in setting up a manufacturing plant in Indonesia. Components for smartphones and other products will be made in this plant. Indonesia had banned the sale of the company’s iPhone 16 in October due to lack of local manufacturing. Indonesia’s Investment Minister Rosan Roeslani…
Bajaj Auto, one of the country’s largest automobile companies, has reduced the price of the world’s first CNG-powered motorcycle Freedom 125. This motorcycle was launched in July. The company has reduced its price by Rs 10,000. Its starting price at launch was around Rs 95,000 (ex-showroom). The cost of running this motorcycle is 50 percent…
The troubles of Ola Electric, one of the big electric two-wheeler companies, are increasing. The Central Consumer Protection Authority (CCPA) has asked to provide additional documents regarding the notice given to the company on alleged violation of consumer rights and unfair business practices. An email has been sent by CCPA in this regard to Ola…
Hero MotoCorp, one of the big two-wheeler companies, has expanded its range of electric scooters. The company has launched the electric scooter VIDA V2. VIDA V2 will be available in three variants. Its starting price is around Rs 96,000 (ex-showroom), Delhi. This electric scooter has a stylish design. It has removable battery packs. The price…
The number of Electric Vehicles (EV) is increasing rapidly in the country. The capital Delhi has the leading position in this segment. About 11.5 percent of the total vehicle registrations in Delhi are EVs. Charging infrastructure for electric vehicles is also being expanded rapidly in the capital. According to a report by Yes Bank and…
Sales of Electric Vehicles (EV) have increased rapidly in the last few years in the country. MG Motor sold 3,144 units of Windsor EV in November. This is the second month in a row that the Windsor has been the best-selling EV. Last month, MG Motor’s total sales stood at 6,019 units. New Energy Vehicles…
Ola Electric, which has a major share in the electric two-wheeler market, plans to increase its network of stores four times. The company has about 800 stores. Their number will be increased to about 4,000 by the end of this month. Service facility is also available at the existing stores of the company. The company’s…
Ola Electric, one of the big electric two-wheeler companies, saw its sales decline by about 33 percent in November. According to the data of vehicle portal, the registrations of the company’s electric scooters last month were 27,746 units. This is a decline of about 33 percent in the sales of Ola Electric on a month-on-month…
American devices maker Apple has rapidly expanded its manufacturing in the last few years. India’s share in the company’s manufacturing is also continuously increasing. Apple’s iPhone manufacturing in the country has reached $10 billion (about Rs 84,000 crore) between April and October of the current financial year. However, China has a major stake in the…
Amazon, one of the big e-commerce companies, has been facing tough competition from companies in the quick commerce segment for the last few years. To deal with this, Amazon can enter this segment. For this, the company plans to launch a new service ‘Tez’. This may make it easier for Amazon to expand its business….