Vehicle production also saw a rise of 13.8% in the first half of FY 2024-25.

Production saw a more significant decrease of 13.7%, dropping from 37,014 units to 31,938 units.

Production decreased by 8.7%, while exports saw sales improve by 8.6%.

Tractor production decreased by a greater percentage of 9.9%, falling from 33,269 units to 29,985 units.

Medium and heavy rigid truck (7.5t GVW and above) sales slipped by 8% to 108,018 units from 117,351 units in the same period of FY2023.

With Motherson’s network and free capital raised through a new funding round, REE intends to scale up production of its ‘REEcorner’ electric drive modules and its ‘P7’ battery electric trucks.

The EV & Future Mobility Park is being created on 300 acres in Shoolagiri, Krishnagiri District.

This mileage guarantee not only includes fuel efficiency but it also claims the lowest Ad Blue consumption, claiming its vehicles offer Best in Class “Fluid Efficiency”

Two are in the state of Uttar Pradesh, and the other three are in Chhattisgarh, Gujarat and Andhra Pradesh.

Almost all the capital expenditure is to go on new product development, says CEO

Generative AI is a type of artificial intelligence used to create entirely new solutions within a specific field.

The TVS dealerships are in the National Capital Region (NCR) in northern India; two in Faridabad and the other in Greater Noida.