Indian Automobile Industry News & Updates
Revolutionizing Petrochemical Production: Honeywell’s NEP Technology Boosts Efficiency and Sustainability
Honeywell’s latest breakthrough in naphtha technology promises to revolutionize the petrochemical industry, offering a transformative solution to enhance energy efficiency and sustainability. Announced on May 9, 2024, the Naphtha to Ethane and Propane (NEP) process is set to empower regions worldwide by optimizing light olefin production and reducing CO2 emissions.
Tata Motors launched all-new Tata Ace EV 1000, zero-emission mini truck
Tata Motors strengthened its e-cargo mobility solutions with the launch of its all-new Ace EV 1000, developed to revolutionise last-mile mobility. This zero-emission mini-truck boasts a higher-rated payload of 1 tonne and a certified range of 161km on a single charge. This extended range will address evolving needs from various sectors like FMCG, beverages, paints & lubricants, LPG & dairy.
Greaves Cotton announces 15% YoY revenue growth in FY24, records highest PBT of decade at Rs 366 crore
Greaves Cotton has reported standalone revenues of Rs 481 crore for the fourth quarter of fiscal year 2024, an increase of 10% YoY. The Company has reported an improvement in standalone margins with quarterly EBITDA at Rs 56 crore, a growth of 9% YoY. The Q4FY24 Consolidated revenue stood at Rs 673 crore.
iVOOMi JeetX ZE e-scooter with 170km range launched at Rs Rs 79,999
Electric vehicle maker iVOOMi has launched the JeetX ZE e-scooter in India, priced at Rs 79,999 onwards. The scooter is available in three variants, 2.1kWh, 2.5kWh and 3kWh battery packs. The company also claims a range of 170km on a full charge, while also being 20% lighter compared to its predecessor.
New-gen Maruti Swift launch Live updates: Prices, specs, features, and more
After multiple teasers and spy shots, Maruti Suzuki will launch the new generation model of Swift in India today. The fourth-gen Swift made its debut at the Japan Mobilty Show in Tokyo last year in October. Earlier in March this year, it made its way to the United Kingdom market. That said, the India-spec model will be slightly different from its Japanese and English siblings.
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