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Parkobot Raises INR 21 Million in Seed Round
July 18, 2025
Parkobot enables owners to monetise private parking spaces hourly. A mobile app provides real-time, location-based booking. The platform features an in-house tech stack, scalable IoT devices and automation.
MT Bureau
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Kinetic Green, Tonino Lamborghini Unveil Electric Carts For Global Market, Target $300M Revenue In 5 Years
July 17, 2025
This aggressive growth plan underscores the company's confidence in disrupting the estimated USD 5 billion global electric golf and lifestyle cart market.
MT Bureau
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India Begins Work on Automotive Mission Plan 2047
July 17, 2025
AMP 2047 aims to build on earlier Automotive Mission Plans, which supported the automotive sector's expansion through collaboration among stakeholders. The new plan seeks to improve innovation, global competitiveness and sustainable development. The goal
MT Bureau
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Lohia Auto Launches Youdha EPOD At INR 270,000, Targets INR 10 Billion Revenue By 2030
July 17, 2025
At present, Lohia Auto’s manufacturing facility in Kashipur, Uttarakhand, has an installed annual capacity of 100,000 units. Through passenger and cargo EVs, the company targets a revenue milestone of INR 10 billion by 2030.
Mohnish Bose
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NueGo Launches EV-Centric Driver Training Programme
July 17, 2025
NueGo, GreenCell Mobility’s premium intercity electric bus service, has launched a specialised training programme to equip its drivers and onboard staff with the skills needed for the EV era. As India’s largest electric bus operator, NueGo combines su
MT Bureau
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Salman Khan To Invest In Indian Supercross Racing League, New Proving Ground To Come Up In Pune
July 17, 2025
Furthermore, ISRL also aims to setup ‘ISRL Proving Grounds’, a dedicated grassroots motorsport development facility spread across 7 acres in Pune. It will offer amateur racing, kids’ track, motocross, supercross, ATVs and electric bikes among others
MT Bureau