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Want to return the favour to Hero Honda: Rajiv Bajaj at CNG motorcycle launch
"The favour that Hero Honda did to us in 1993, 30 years later we want to return the favour to Hero Honda," says Bajaj Auto managing director Rajiv Bajaj.
"The favour that Hero Honda did to us in 1993, 30 years later we want to return the favour to Hero Honda," says Bajaj Auto managing director Rajiv Bajaj.
Despite the government pouring so much money into electric vehicle subsidies, there is only 5% EV penetration in two-wheelers, says Bajaj Auto MD Rajiv Bajaj
CNG motorcycle 'Freedom' will be initially sold in Maharashtra and Gujarat.
India's largest carmaker is expected to use the new Z-series engine in more models where strong hybrids are not viable.
Tata Motors is expecting a moderate single-digit expansion of the EV market in 2024-25.
CBG Blending Obligation (CBO) will promote the production and consumption of compressed bio-gas in the country, says Hardeep Singh Puri.
For Q2 FY24, ATGL reported 8% YoY rise in consolidated net profit at ₹173 crore, while revenue from operations dropped 1% to ₹1,179 crore.
For FY23, the profit grew 7% to ₹546 crore, while revenue from operations jumped 46% to ₹4,683 crore, driven by higher volume and increase in sales price.
In terms of sales of diesel vehicles, the rating agency says that the stricter emission norms and the narrowing price gap between petrol and diesel has reduced the viability of diesel vehicles.
While Suzuki has earmarked ¥2 trillion for electrification-related investments, it has plans on using biogas for its CNG models that account for about 70% of the CNG car market in India