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25Sep By AdityaNo Comments

INDIA

India Launched its 1st Green Hydrogen Bus

New Delhi, 25th Sept 2023: In a significant step towards green mobility, India launched its 1st Hydrogen bus at Kartavya Path in Delhi. Running on Green Hydrogen fuel cell, produced using renewable energy, has the potential to play a key role in such low-carbon and self-reliant economic pathways. Green Hydrogen can enable utilization of domestically abundant renewable energy resources across regions, seasons, and sectors, feeding multiple usage streams, either as a fuel or as an industrial feedstock. It can directly replace fossil fuel derived feedstocks in petroleum refining, fertilizer production, steel manufacturing etc. Innovating Mobility: The Power of Fuel Cells Fuel cell technology is emerging as one of the important spokes in the e-mobility paradigm. Hydrogen can be ...

India’s first electric double decker AC bus unveiled by Switch Mobility

19Aug By AdityaNo Comments

Automobile

India’s first electric double decker AC bus unveiled by Switch Mobility

Switch Mobility, the electric vehicle division of Ashok Leyland, unveiled India's first electric double decker AC bus. These buses will replace the existing double-decker fleet of the BEST (Brihanmumbai Electricity Supply and Transport) in Mumbai. As of now, Switch is operating its twin-floor electric AC buses in the UK. Switch India has already secured an order of 200 electric double-decker buses in Mumbai and is looking at a dominant space in the electric double-decker segment, across key regions in the country, the company said. "We already have an order for 200 electric double-decker AC buses in Mumbai. We will deliver 50 of these buses this financial year. Many more cities are discussing with us for these buses," Mahesh Babu, CEO Switch Mobility India and COO at Switch Mobility...

Uber Launches Its First Bus Service in Egypt

20Jul By AdityaNo Comments

MIDDLE EAST

Uber Launches Its First Bus Service in Egypt

Cairo, Egypt, July 20, 2020 - Uber launched its latest intercity Bus service in Egypt, aiming to connect cities together using the Uber app. Built locally, the company chooses Egypt once again to be the first country globally to roll out a new service. The launch comes as part of Uber’s continuous efforts to adapt its technology to build a wide range of products that meet the needs of local markets. Following the Covid-19 lockdown period, Uber is excited to continue expanding its presence in Egypt with a safe and affordable ride. “We are honored to witness another global product launch from Egypt, especially following the last few tense months across the country and the world. Egypt is an innovation hub and a fantastic environment for testing new products. By leveraging Uber’s tec...

18Apr By NitishNo Comments

FUNDING

Delhi Based GoldSeat Looking to Raise $3mn Funding

Delhi based offline entertainment app GoldSeat looking to raise $3 million funding to expand its operations further in India. Earlier GoldSeat has raised USD 160K worth funding. Founded in 2016, by Nischal Khetarpal & Gaurav Kapahi, GoldSeat has its application running across 250 buses which includes buses of Uttar Pradesh State Road Transport Corporation and also other private players across Northern and Western regions of India The company links all GoldSeat entertainment profile to a device installed in the bus which acts as a server to all the licensed content available for the travelers. The mobile app which is just 3MB in size can be downloaded from either Google Play or App store when the traveler's boards the bus and login using their Facebook id. The company is also i...

Ashok Leyland Launched First Zero Emission Made in India Electric Bus

17Oct By AnkitaNo Comments

Automobile

Ashok Leyland Launched First Zero Emission Made in India Electric Bus

Ashok Leyland, India's major commercial vehicle launched ‘Circuit’ Series – first Made in India Electric Bus on monday. The 100 per cent electric bus is a zero-emission, non-polluting vehicle, created specifically for Indian roads and passenger conditions and most important Made in India. This new Circuit range of vehicles will be offered on multiple platforms and exclusively engineered on India-specific platforms that can tackle varied topography, gradients, and usage conditions. Integrated with a fire detection and suppression system (FDSS), this truly Indian innovation can travel 120 kilometers on a single charge. “The Circuit series of buses is another testament to Ashok Leyland’s commitment to leverage India’s technological innovation to deliver relevant and best-in-class soluti...

Delhi Govt Notifies App-Based Premium Bus Services

24May By NitishNo Comments

INDIA

Delhi Govt Notifies App-Based Premium Bus Services

The Delhi government has notified the app-based Premium Bus services starting from June 1 which will enable people to book their seats in buses through their smartphone on the lines of app-based taxis services in the national capital. Only air-conditioned buses will ply under the scheme according to which one bus aggregator will have to run at lease 50 vehicles to get a licence from Delhi governments Transport department. A senior government official said, "Government has notified the app-based bus scheme to be rolled out from from June 1." While announcing the scheme last month, Delhi Transport Minister Gopal Rai had said that bus aggregators will have an individual app like Ola, Uber and they will be allowed to decide their fares, but if need arises government will prescribe upp...

18Apr By PriyankaNo Comments

ACQUISITION

JK Tyre Completes Rs 2,195 cr Acquisition of Cavendish

JK Tyre & Industries has completed the Rs 2,195 crore acquisition of Cavendish Industries, a Kesoram Industries unit, enhancing its position in the domestic market, especially the truck and bus radial segment. "With the completion of the acquisition of Cavendish Industries we have further strengthened our position in the truck and bus radial segment. It has also given us entry into two and three wheeler vertical," JK Tyre & Industries Chairman and MD Raghupati Singhania told reporters here. The acquisition is in line with strategic vision of JK Tyre to become one of the leading tyre companies of the world having a well rounded portfolio of product offerings, he added. The acquisition brings an additional capacity of 100 lakh tyres to the JK Tyre, he added. Caven...

14Jan By AnkitaNo Comments

INDIA

Himachal Will Become First Indian State To Run Zero Emission Buses

SHIMLA- Himachal Pradesh will soon be the first state in India to introduce inter-state zero-emission electric buses. The Central government sanctioned Rs 35 crore for the project and the process of tender has started. We will receive funds to introduce environment friendly electric bus service. Charging stations will be set up at bus stands soon,said Transport Minister GS Bali. The Government of India is to pay 75% of the funds for the project with the state to cover 25%. However, the state government wants the Centre to pay 90% and will take it up with the Union government. We believe that the funds should be sanctioned to us in 90:10 ratio. I will meet Union transport minister to discuss the issue. The buses, each costing Rs 1.75 crore, will be imported. These ...