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The investment will pave the way for a long-term partnership in collaborative research and development in electric motorcycles, technology sharing, technical licensing and manufacturing, the statement said.
All amendments made to the Central Motor Vehicle Rules will come into effect from April 1, 2023.
The revised prices will be applicable for all models and variants of the bikes irrespective of dealerships across New Delhi, Mumbai, Pune, Bengaluru, Chennai, Kochi, Hyderabad and Kolkata.
Even as questions are raised on whether Kerala would allow BH series registrations as the Centre has now amended the Central Motor Vehicle Rules 1989 so as to convert all regular (State) registration vehicles into BH series, the State Transport Department clarifies that it sticks to the stand.
Presently, vehicles with regular number plates registered in one state can be used in another only for a period of one year. The vehicle should be re-registered for using them for more periods.
According to the report released by Bain & Company, the domestic EV sector has already seen USD 3.7 billion private equity and venture capital investments in this space over the past three years, and this number looks set to increase significantly as the industry transforms.
The price increase will vary across models and variants, but will be applicable across all commercial vehicles, Tata Motors said in an exchange filing.
The second phase of CAFE norms came into effect from April this year. The regulation first came into force in India from April 1, 2017. It is aimed at lowering fuel consumption of vehicles by reducing their CO2 emissions, mandating the average corporate CO2 emission to be less than 130 gm/km by 2022, applicable to all petrol, diesel, LPG and CNG fuelled vehicles.
The van maker, a division of Mercedes-Benz, has signed a declaration of intent with the Polish government and other partners to add the van factory to its Jawor site where it makes combustion engines and batteries for Mercedes-Benz Cars.
The Innova car that was being used by Jayarajan till now, which is over 12 years old, will be taken to the board’s office in Thiruvananthapuram. The government had allotted Rs. 32 lakh for buying a new car for Jayarajan. A controversy had arisen over the issue.
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