EV makers to bet $20 billion on South and Southeast Asia, says report

The building of an electric car industry in South and Southeast Asia (SSEA) will be expensive. It will involve execution risk typical for cross-border expenditure, where entities will try to anticipate shifting poli...

Greaves Cotton appoints Ramachandra Puttanna as Business Head

Greaves Cotton Limited, a leading diversified engineering company, has announced the appointment of Ramachandra Puttanna as the new Business Head for EV Solutions & New Businesses within Greaves Retail.

Castrol India appoints Kedar Lele as Managing Director

Castrol India Limited, a leading lubricant manufacturer, has announced the appointment of Kedar Lele as its new Managing Director, effective 1 November 2024.

Industrialist Ratan Naval Tata, an embodiment of passion and compassion, is no more

The days of giants walking our planet have gone. The days when men walked tall, are over too. Ratan Naval Tata, an Indian industrialist, known globally for his compassion, passion and a zeal for enterprise, besides ...

Anant Ambani , Murray Auchincloss inaugurate Jio-bp’s 500th EV-charging station

Anant Mukesh Ambani, Director, Reliance Industries Limited (RIL) and Murray Auchincloss, CEO, bp inaugurated the 500th Jio-bp pulse EV-charging station of Jio-bp, a fuels and mobility joint venture between RIL and b...

TSF Group showcases exhaustive product line for global markets at IAA’24

The TSF Group, that derives its legacy from the erstwhile TVS group – one of the largest automotive groups based in India – is showcasing its exhaustive product offerings including brakes, axles& wheels aimed primar...

Chandigarh leads in EV adoption, charging infrastructure in India

HERE Technologies, the leading location data and technology platform, in collaboration with SBD Automotive, a global automotive research firm, unveiled anElectric Vehicle (EV) Index for India.

ACMA aims at self-reliance, global competitiveness: 64th Annual Session

The Automotive Component Manufacturers Association of India (ACMA), the leading organisation for India’s auto component sector, held its 64th Annual Session on September 09, 2024, centered on the theme ‘Viksit Bhara...

Vinayak Bhat promoted as Chief Product Officer in Ultraviolette

Ultraviolette (UV), an innovator in future-ready Electric Vehicle Platforms and Battery Technology, has announced the promotion of Vinayak Bhat to the position of Chief Product Officer.

Volvo Group collaborates with Indian supply partners for climate neutral journey

Volvo Group is committed to becoming a climate-neutral company by 2040, and this commitment includes its supply chain and global suppliers from India. In 2022, Volvo Group developed and started sourcing fossil free ...

BYD India celebrates 11 Years of Electric Mobility

BYD India, a subsidiary of the world's leading New Energy Vehicles (NEV) manufacturer BYD, marks its 11th anniversary of its electric mobility journey in India since the arrival of its first electric bus in Chennai ...

Amazon partners Gentari to deploy new electric vehicles in India

Amazon India and Gentari Green Mobility Business (Gentari) announced a strategic fleet management partnership with the goal of boosting zero-tailpipe emission deliveries in India.

Kazam secures $8 Million in Series A3 funding led by Vertex Ventures SEA & India

Kazam, global technology enabler for e-mobility, has successfully raised $8 million in its Series A3 funding round, led by Vertex Ventures Southeast Asia and India.

Brakes India, ADVICS join hands for advanced braking products in India

Brakes India, a TSF Group company and India’s leading braking systems manufacturer together with ADVICS, an AISIN Group company and Japan’s leading premium brake system supplier, plan to form a joint venture to desi...

BorgWarner supplies eTVD system to Polestar BEV SUVs

BorgWarner is first-to-market with its electric Torque Vectoring and Disconnect (eTVD) system for battery electric vehicles (BEVs) with launches for Polestar and an additional major European OEM.

Hyundai Motor Group Executive Chair Euisun Chung visits India

Hyundai Motor Group Executive Chair Euisun Chung visited India to review the Group’s mid-to long-term future mobility strategies, which lay the foundation for its leadership in the Indian market and sustainable grow...

Ryuto Shimizu joins as Director, Marketing & Sales, Honda Cars India

Honda Cars India has announced that Ryuto Shimizu has assumed the office of Director, Marketing & Sales from April 1, 2024. He assumes the role previously held by Yuichi Murata, who has moved to Honda Mexico as Pres...

BYD rolls off 7 millionth New Energy Vehicle

On March 25th, BYD, the world's leading manufacturer of new energy vehicles and power batteries, became the world's first automaker to roll off its 7 millionth new energy vehicle, the Denza N7, symbolizing another g...

MG Motor India is now JSW MG Motor India Pvt Ltd

SAIC Motor, a global Fortune 500 company with annual revenues of around US$ 110 billion and a presence in over 100 countries and the US$ 23 billion JSW Group, (India’s leading conglomerate with interests across B2B ...

iVOOMi rebrands as “iVOOMi co-powered by Intex”

iVOOMi, a leading electric two-wheeler manufacturer, announced its rebranding as “iVOOMi co-powered by Intex”. With a purpose of going highly ambitious with much larger goals to achieve ahead, the company declared t...

Revent Precision sets up new facility in partnership with ECS Mobility

Revent Precision Engineering, in collaboration with ECS Mobility, has announced the establishment of a new state-of-the-art manufacturing facility in Dharuhera, Haryana.

Maruti Suzuki Arena celebrates with launch of ’Arena Journeys’

Celebrating the women who are breaking barriers nationwide, Maruti Suzuki India Limited has launched its new digital campaign ‘Arena Journeys’ under the Maruti Suzuki Arena brand

Asiabrake 2024 explores latest advancements, trends in brake systems engineering

Asiabrake 2024, the 10th Annual Conference & Exhibition has brought together industry leaders, experts, and enthusiasts to explore the latest advancements and trends in brake systems engineering.

XLRI Delhi-NCR to set up India’s first dedicated school of automobile design, management

Driven by a strong post-pandemic revival, evolving consumer tastes and need for sustainable mobility solutions, India's automotive sector is poised for its next phase of growth. A critical component will be the capa...

Ajay Shanker is Ultraviolette CFO; Company partners with Mantra Academy

Ultraviolette Automotive, an electric two wheeler manufacturer, has appointed Ajay Shanker as its Chief Financial Officer (CFO). Ajay comes with a rich background spanning over 25 years in pivotal financial roles at...

Omega Seiki, Attero plan to recycle over 100 MWh of battery in next 3-4 years

In a landmark move for both the electric vehicle (EV) sector and e-waste management, Omega Seiki Private Limited (OSPL), a prominent figure in the electric vehicle industry, and Attero, a distinguished leader in e-w...

Beginning of golden period for mobility sector, says PM

“India is on the move and is moving fast”, said Prime Minister Narendra Modi while addressing a programme at India’s largest and first-of-its-kind mobility exhibition - Bharat Mobility Global Expo 2024 at Bharat Man...

Honda India Group of Companies showcase technological excellence

Honda’s group of companies in India, comprising Honda Motorcycle & Scooter India (HMSI),Honda Power Pack Energy India (HEID), Honda Cars India Limited (HCIL)& HIPP (Honda India Power Products) is participating in th...

Big thrust on strengthening  EV ecosystem in Interim Budget 2024-25

Business leaders in the automotive space hailed the Interim Budget 2024-25 presented by Finance Minister Nirmala Sitharaman for its clear focus on strengthening the electric vehicle ecosystem at large.

HMI completes acquisition of General Motors India Talegaon Plant

Hyundai Motor India has completed acquisition and assignment of identified assets at General Motors India’s Talegaon Plant in Maharashtra. The acquisition has been completed post fulfilment of certain conditions and...

Altair collaborates with Indian Institute of Technology Madras on EV tech

Altair, a global leader in computational science and artificial intelligence (AI), announced its collaboration with the Indian Institute of Technology (IIT) Madras to establish an eMobility simulation lab on the ins...

Automobili Lamborghini delivers over 10,000 cars in 2023; 103 cars in India

In the year 2023 that marked the 60th anniversary of its foundation, Automobili Lamborghini set a record that will live in the company's history. For the first time, the House of Sant'Agata Bolognese delivered more ...

LMG Manufacturing GmbH inaugurates i-Force plant in Hoym, Germany

The aluminum die-casting specialist LMG Manufacturing inaugurated its new production hall in Hoym/Seeland after just ten months of construction.

Tata Passenger Electric Mobility commences production at new facility in Sanand

Tata Passenger Electric Mobility Ltd. (TPEM), a subsidiary of Tata Motors, announced the start of production of passenger vehicles from its new factory in Sanand, Gujarat. This event marks a significant milestone fo...

BMW sells record 14,172 cars, 8768 bikes in CY 2023 in India

BMW Group India has continued its record-breaking success in 2023 by posting the best-ever annual sales (January – December) – for all three brands – BMW, MINI and BMW Motorrad. BMW Group India delivered 14,172 cars...

Hyundai Motor India commits additional Rs 6180 Crore for Tamil Nadu

Hyundai Motor India Limited (HMIL), announced Rs 6 180 crore investment plans in the state of Tamil Nadu (this includes Rs 180 crore towards a dedicated ‘Hydrogen Valley Innovation Hub,’ in association with IIT- Mad...

BYD Concludes 2023 with record 3 million annual sales

BYD has concluded 2023 with record-breaking sales volume, which surpasses the 3 million annual sales target and becomes the global new energy vehicle (NEV) sales champion, for the second year in a row. This year als...

5th edition of ACMA Automechanika New Delhi gets bigger, better

The three-day 5th edition of ACMA Automechanika New Delhi is scheduled to hit the ground from February 1 to 3, 2024 at Pragati Maidan, New Delhi bringing together 500+ exhibitors from 12 countries.

Hyundai focus on global hydrogen ecosystem, carbon-neutral activities

Hyundai Motor Group held its 2024 New Year address at Kia AutoLand Gwangmyeong, the first dedicated electric vehicle (EV) plant in Korea, looking forward to the year ahead and outlining the Group’s key areas of focu...

Gwanggu Lee is new Managing Director and CEO of Kia India

Kia India has announced the appointment of Gwanggu Lee as the new Managing Director and CEO, effective immediately. He will be the 3rd Managing Director and CEO of Kia India, succeeding Kook Hyun Shim and Tae Jin Pa...

HMSI celebrates 15 million customers milestone in Western India

Honda Motorcycle & Scooter India (HMSI) has achieved a remarkable feat by crossing the 15 million customers mark in western region of India.

Indian auto component industry grows 12.6pc to Rs. 2.98 lakh crore

Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry announced the findings of its Industry Performance Review for the first half o...

E-Sprinto  to reach 10,000 sales milestone in 2024

In a significant milestone, e-Sprinto, an electric two-wheeler manufacturer, has successfully sold over 8000 electric scooters since its inception in March 2022.

Aditya Jairaj is new CEO & MD of Stellanits India

Stellantis India announced the appointment of Aditya Jairaj as CEO and Managing Director with effect from Jan 01, 2024. Aditya currently Deputy Managing Director, Stellantis India and Head – Jeep India, will succeed...

India should avoid going the US way and slow down buying of SUVs

India a country with one of the highest fatal road accidents should avoid going the United States (US) way of going in for more for Sports Utility Vehicles (SUVs) as they make the roads less safe for other small c...

Cashless medical treatment to all injured accident victims soon, says Govt

Union Ministry of Roads Transport & Highways (MoRTH) is planning to introduce cashless medical treatment to all injured accident victims across the nation within the next three to four months.

Luxury Ride expands inventory of luxurious cars to 75+ this festive season

As festive season is one of the most crucial times for marketers, Luxury Ride, a one-stop destination for the most opulent range of pre-owned luxury cars, has expanded its inventory size to 75+ for pre-owned luxury ...

Maruti Suzuki crosses 10 lakh automatic vehicle sales milestone

Maruti Suzuki India Limited (MSIL) has crossed the 10 lakh automatic vehicle sales milestone. As a pioneer brand in automotive innovation, Maruti Suzuki has played a critical role in popularising two-pedal automatic...

Christopher Marsh to head Surface Solutions Business in Continental India

Christopher Marsh took charge as the head of the Surface Solutions business and the Pune Plant in India on October 01, 2023. He succeeds Landry Tchapda who now at the end of his assignment has been assigned another ...

Hyundai Motor, Kia strengthen power semiconductor supply

Hyundai Motor Company and Kia Corporation signed a strategic partnership with Infineon Technologies AG,a global semiconductor leader, to secure power semiconductors in support of the growing electric vehicle demand ...

Royal Enfield introduces assured buyback programme for motorcycles

Royal Enfield, global leader in the mid-size (250cc-750cc) motorcycle segment, announced the launch of an innovative and first-of-its-kind programme in the motorcycle industry - the Assured Buyback Programme with OT...

BMW Group India records best-ever year to date performance for all brands

After posting the best-ever half-year in 2023, BMW Group India continues the success story by posting the best-ever year to date sales (January – September) – for all three brands – BMW, MINI and BMW Motorrad. In th...

Maruti Suzuki commences export of India-manufactured Jimny 5-door

Maruti Suzuki, the number one passenger vehicle exporter as per SIAM, for two consecutive years, has started exports of its off-roader, the Jimny 5-door. The vehicle will be shipped to destinations including Latin A...

Mercedes-Benz sells 12,768 cars in Jan-Sept 2023; registers 11% YOY growth

Luxury car maker Mercedes-Benz India announced strong sales momentum in the January-September 2023 period, delivering 12,768 new cars to customers. With a growth of 11% YTD, Mercedes-Benz continued to witness all-ro...

Post subsidy cut, e2W growth to slow to 25pc in current fiscal, says Crisil

After almost trebling to 7.3 lakh units last fiscal, volume growth of electric two-wheelers (e2Ws) is set to slow to 25% this fiscal following the recent reduction of subsidy under the FAME-II scheme and consequent ...

Indian automotive industry could reach $1 trillion by 2035: Arthur D. Little Report

India's automotive industry can become a global hub for design, development, and production, appealing to international mark. The Indian automotive industry can drive investments and collaboration, paving the way fo...

Domestic market for PVs with ADAS to cross $1 b by fiscal 2028: Crisil

According to a Crisil Market Intelligence & Analytics report, the domestic market for passenger vehicles with ADAS or Advanced Driver Assistance System s will cross US 1 billion by financial year 2028.

Electric Vehicles penetration in India will reach 50pc by FY33: Axis Capital

Electric Vehicles (EV) penetration in India will reach 50pc by FY33 led by strong and sustained government support. Moreover, incentives of Rs 1.8 trillion over FY 24-28E would lead to battery demand of 250Gwh and e...

Maruti Suzuki Grand Vitara clocks fastest 1 lakh unit sales in mid-SUV segment

Maruti Suzuki Grand Vitara rings in its first anniversary with a remarkable milestone of fastest 1 lakh sales in the Mid-SUV segment in less than a year. This achievement is a testament to Grand Vitara's astounding ...

Premium electric motorcycle startup Raptee raises $3 million

Premium electric motorcycle startup, Raptee has raised $3 Million in a Pre Series A round led by deep-tech VC fund Bluehill Capital

Revamp Moto begins production of 120 bikes at Nasik microfactory

Revamp Moto, a modular electric two-wheeler manufacturer, announced the launch of commencement of production of the first 120 bikes called the RM Buddie 25 at India’s first microfactory and the company’s facility in...

Manav Kapur of Steelbird takes charge as Chairperson of ACMA-YBLF

Manav Kapur, Executive Director, Steelbird International, India’s leading automotive components company, has taken charge as chairperson of ACMA-YBLF.

Hero Electric to diversify into premium EV bike market under A2B brand

Hero Electric, India's leading electric two-wheeler company and a leader in city speed e-mobility, shared its plans to create differentiated brands for market categories. In line with that strategic vision, the comp...

Indian Govt launches Bharat NCAP (New Car Assessment Programme)

Union Minister of Road Transport and Highways Nitin Gadkari launched the Bharat New Car Assessment Programme (Bharat NCAP) in New Delhi aiming to enhance road safety by elevating vehicle safety standards for up to 3...

BYD India celebrates 10th year anniversary of EV journey

BYD India, a subsidiary of the world's leading New Energy Vehicles (NEV) manufacturer BYD, celebrated its 10th year anniversary in the Electric Vehicle (EV) segment in India, a significant milestone of its 16+ years...

Hyundai Motor India signs purchase  agreement at GM India Talegaon Plant

Hyundai Motor India Limited (HMIL) has signed an Asset Purchase Agreement (APA) for the acquisition and assignment of identified assets related to General Motors India (GMI)’s Talegaon Plant in Maharashtra.

Maruti Suzuki True Value celebrates milestone of 50 lakh pre-owned car sales

Maruti Suzuki True Value has achieved a landmark milestone of selling 50 lakh pre-owned cars. Introduced in 2001, it has been a one-stop destination to buy and sell quality pre-owned cars. The hassle-free purchase a...

ED raids at Pawan Kant Munjal res, Hero MotoCorp yield Rs 25 crore

The Directorate of Enforcement (ED) has recovered and seized foreign currency, cash, gold and diamond jewellery (including foreign origin gold) worth 25 Crore (approx.) along with certain incriminating documents inc...

Government to continue FAME subsidy

The government is continuing with the FAME subsidy to bridge the price difference in EV

SIAM seminar on circular economy through EPR

In order to drive circular economy, the Society of Indian Automobile Manufacturers (SIAM), the apex automotive industry body, organised a seminar on 'Achieving Circularity in the Automotive Industry through Extended...

Magenta Mobility appoints Vishal Sharma as National Head - Asset

Magenta Mobility, an integrated electric mobility solutions provider, has announced the appointment of Vishal Sharma as its National Head - Asset.

Seven automakers unite to create charging network across North America

Seven of the world’s leading automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, Stellantis NV – are creating a joint venture to accelerate the transition to electric vehicles in North ...

Royal Enfield Hunter 350 has a 2 lakh+ community across globe

A 2,00,000+ strong Hunter 350 community across the globe … and still counting! Royal Enfield, global leader in the mid-size motorcycle segment (250cc - 750cc), has crossed the 2,00,000 sales mark for its compact and...

Mahle positions itself as system champion for e-mobility

“Mahle will position itself as the system champion in e-mobility,” said Arnd Franz, Chairman of the Mahle Management Board and CEO, during a Tech Day in the run-up to the IAA Mobility in Munich in September 2023.

Schaeffler India appoints Aashish Bhatia as President Automotive Technologies

Leading industrial and automotive supplier, Schaeffler India Limited announced the appointment of Aashish Bhatia as President Automotive Technologies (Automotive OE business).

Suzuki Motorcycle India rolls out 5 millionth Access 125 from Gurugram plant

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation has achieved a significant production milestone as the company rolled out 5 millionth Access 125 from its Kherki Dhau...

Saffron clad chief evangelist may bring succour to Indian electric 2W industry

The electric two wheeler industry in India is in disarray and in order to bring in a semblance of order, it has wrapped itself in saffron, or so it seems, for the time being, hoping to extricate itself from a sticky...

Mahindra XUV700 achieves 100,000 sales milestone

Mahindra & Mahindra has announced the delivery of the 100,000th unit of its flagship SUV, the XUV700. The XUV700 has achieved this milestone in less than 20 months, becoming the fastest SUV from the Mahindra portfol...

Mahindra SUV Scorpio hits 900,000 units milestone

Mahindra & Mahindra announced that it has achieved a production milestone of 900,000 units for the Scorpio SUV, marking a significant achievement for the brand that created the SUV category in India. For over two de...

BYD India partners with Bajaj Finance to offer finance solutions for vehicles

BYD India, a subsidiary of the world's leading New Energy Vehicle manufacturer BYD, announced the signing of a Memorandum of Understanding (MOU) with Bajaj Finance Limited (BFL), the lending arm of Bajaj Finserv Ltd...

Orxa Energies expands manufacturing capabilities ahead of the Mantis launch

Orxa Energies, a high-performance electric vehicle, and energy systems startup based out of Bengaluru, has inaugurated its new facility at Bommasandra Industrial area spread across 1 acre. The new facility accommoda...

DriveX with Rs 12–14 crore turnover in FY23 aims 10X YOY growth

In an interview with Motown India’s Roy P Tharyan, the Co-founder & CTO, DriveX, Christopher Sargunam, talks about his company’s short journey since its initial investment from TVS. DriveX has also been co founded b...

SMEV petitions NGT to support Green Tax on ICE 2 wheelers

The Society of Manufacturers of Electric Vehicles (SMEV), the registered association representing Indian manufacturers of electric vehicles, has petitioned the National Green Tribunal (NGT) expressing concerns that ...

EV battery manufacturing to drive demand for 2,400 acres of land by 2030:CBRE

CBRE South Asia Pvt. Ltd., India’s leading real estate consulting firm, has announced the findings of its report, ‘Electric Vehicles in India – New Wheels on the Roads’. The report focuses on the real estate strateg...

Simple Energy starts deliveries of Simple One electric scooter

Simple Energy, India's leading electric vehicle and clean energy start-up, commenced deliveries of its revolutionary product, the Super EV - Simple One.

e-Sprinto sets ambitious plans to sell 10,000 electric 2W by 2023 fiscal end

e-Sprinto has announced its ambitious plans to sell 10,000 eco-friendly electric two-wheelers by the end of the fiscal year 2023. Thus far, the bootstrapped startup has successfully sold over 5500 units of its innov...

SAIC of China to give up majority equity stake in MG Motor India

MG Motor India, an iconic British automobile brand and part of Chinese auto major SAIC has announced its strategic 5-year business roadmap to Indianise the business operations for sustainable growth and meaningful ...

Stellantis appoints Aditya Jairaj as Deputy MD, Head of Jeep India operations

The Stellantis Group has appointed Aditya Jairaj as the Deputy Managing Director of Stellantis India, effective May 4. Jairaj will also lead the Jeep brand’s operations in the country.

Skoda Auto Volkswagen India launches student car project in India

Skoda Auto Volkswagen India Private Limited (SAVWIPL), which manages the Indian region of five Volkswagen Group brands – Skoda, Volkswagen, Audi, Porsche, and Lamborghini, has announced its first-ever student car pr...

Mahindra Bolero SUV surpasses 1 lakh sales in FY 2023

Mahindra & Mahindra announced that its iconic Bolero SUV has crossed the 1 lakh mark in sales in FY 2023, marking a significant milestone. Since its introduction in 2000, the Bolero has sold over 1400000 units

JLR to invest 15 billion UK pounds over next five years

JLR announced plans to accelerate its transition to become the world’s leading modern luxury car manufacturer revealing its Halewood plant, in the UK, will become an all-electric production facility and its next gen...

ZF Aftermarket continues expansion in Indian market

ZF Aftermarket is expanding its product offering in India with the launch of three new TRW products. With the new products,

Keshub Mahindra, Chairman Emeritus, Mahindra Group passes away at 99

Keshub Mahindra, Chairman Emeritus, Mahindra Group passed away peacefully in the morning of April 12, 2023. The 99-year-old, nonagenarian, was a well-known philanthropist who redefined good corporate governance in I...

Modern Automotives to export differential pinion shafts to BMW AG

Modern Automotives Ltd. has become the first Indian company to achieve approval for deliveries of differential pinion shaft to BMW AG Munich. The order comprises 2.5 million units to be delivered by 2034.

Tsutsumu Otani is new President, CEO, MD of Honda 2 Wheelers

Honda Motor Co., Ltd. announced the new top management in Honda Motorcycle & Scooter India (HMSI). Tsutsumu Otani will be taking on new responsibility as the President, CEO & Managing Director of Honda Motorcycle &...

Suzuki Motorcycle India appoints Kenichi Umeda as new Managing Director

Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation (SMC) has announced the appointment of Kenichi Umeda as the new Managing Director of the company. Umeda succeeds Sato...

Rajan Mittal is new President at Isuzu Motors India

Isuzu Motors India (IMI), a subsidiary of Isuzu Motors Limited, Japan, has announced key changes in the top management. The company which is headquartered in Chennai in Tamil Nadu, has a manufacturing plant in Sri C...

BYD India celebrates 16th year anniversary

BYD India, a subsidiary of the world’s leading new energy vehicle manufacturer, is celebrating 16th Year Anniversary in India. In the past 16 years, the company has played a significant role in accelerating NEV adop...

Guruprasad Mudlapur appointed President, Bosch India & MD, Bosch Limited

Effective July 1, 2023, Guruprasad Mudlapur will be appointed President of the Bosch Group in India and Managing Director of Bosch Limited. In his new role, Guruprasad will be responsible for the strategic growth an...

Al-Abdullah Group invests $50 million in Kabira Mobility

Kabira Mobility, an electric bike manufacturer in India known for its KM3000 and KM4000 models, announced that it has secured a $50 million investment from its strategic investor, Al-Abdulla Group (Qatar) at an undi...




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