Sunday, September 25, 2022

LML Electric plans to raise up to Rs 500 crore; first India product launch in second half of 2023

LML Electric has entered into a partnership with Saera Electric Auto Pvt Ltd, which had acquired American cult bike maker Harley Davidson's manufacturing plant at Bawal in Haryana, to roll out its products in the initial phase.

from Auto-Industry-Economic Times https://ift.tt/EcQtu7o

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...