Euler to launch 3-wheeler cargo vehicles in early 2020

Automotive technology start-up Euler Motors will launch its 3-wheeler light commercial cargo vehicles by early next year. Around 100 prototype e-vehicles of Euler Motors are already running on the Delhi-NCR roads used by companies like BigBasket, EcomExpress, BlueDart, Udaan etc. for their last-mile delivery. Founded in 2018, Euler Motors has so far raised $2 million […]

Latin Auto Parts Expo concludes successfully

The sixth edition of the Latin Auto Parts Expo, held from July 17-19, 2019, at the Atlapa Convention Center in Panama City, Republic of Panama, has concluded successfully. It is the leading auto parts exhibition in Latin America and the Caribbean, connecting hundreds of auto part manufacturers each year with thousands of distributors from Mexico, Central America, South America, and the Caribbean. Around 200 exhibitors displayed […]

Indian startup develops electric tractors

Hyderabad, India-based startup Cellestial E-mobility is in the advanced stage of developing Electric Tractors, with longest battery life in the market. The company launched business operations in May 2019, with initial funding of $200,000. The first round of investment has come from Angel Investor, Meka Sudhakar Reddy, a Singapore based NRI. The leadership team at Cellestial […]

‘Budget will increase demand for transport’

Infrastructure development has always been prerequisite for growth, which has been taken well into consideration in Indian budget 2019, said Rohit Saboo, CEO & MD, National Engineering Industries. The government’s strong focus on boosting infrastructure and connectivity with an investment of Rs 80,250 crore for phase three of the Pradhan Mantri Gram Sadak Yojana, will bring […]

Schwing Stetter India launches new XCMG excavator range

Schwing Stetter India has launched its new generation of XCMG crawler hydraulic excavators-XE80C, XE1401, and XE215 C in Chennai, India. The three new machines are all set to revolutionise the landscape of the construction and mining industry in India, the company said. V G Sakthikumar, Managing Director, Schwing Stetter India has unveiled the products. The new […]