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FOTON MOTORS
PMI Electro Mobility Solutions plans to raise around Rs 250 croreElectric bus manufacturer PMI Electro Mobility Solutions plans to raise approximately Rs 250 crore to finance the expansion of its producti...- PMI Electro Mobility gears up to launch small electric commercial vehiclesThe company, which has a joint venture with China’s Beiqi Foton, said there is massive potential to electrify the small and medium commerci...
- E-bus maker PMI Electro Mobility working on a range of electric trucks, intercity busesThe company is also looking to get into the intercity electric bus market, which doesn't exist yet in India due to higher range requirement...
- PMI Electro Mobility mulls investing Rs 300 crore to operationalise electric commercial vehicle manufacturing facility in PuneConstruction work on the unit – which will have capability to build electric buses as well as other environment-friendly commercial vehicle...
- PEMSPL says working to develop own tech for EVs, may take 5-6 yrs to integrate into products"When we went for technology selection, we had two options -- either go for the European technology or the Chinese technology. Chinese, as ...
- No investments from Chinese companies put on hold: Maharashtra government clarifiesDesai clarified that the projects were not on hold and that the state government was waiting for further instructions.
- Chinese auto companies to employ mostly locals at Indian unitsAutomakers with a Chinese pedigree are playing it safe with their India strategy. These companies are filling up positions from factory flo...
- Foreign marques lend steam to ailing auto IncThe likes of Great Wall, Kia and MG Motor, which have taken up almost a third of the show arena at the Auto Expo which begins this week, ar...
- PMI Electro and BYD-Olectra bag most e-bus ordersHaryana-based PMI Electro Mobility Solutions, which has a technical tie-up with Chinese commercial vehicle maker Beiqi Foton Motors, has ba...
- Chinese investments breathe life into MotownAt least half-a-dozen Chinese vehicle makers are expected to pump in about $5 billion into India.
- China’s Great Wall may drive Rs. 7,000 cr investment into IndiaChina’s largest SUV maker, Great Wall Motors, has registered an Indian subsidiary with plans of investment.
- Foton PMI to invest Rs 500 crore to set up electric bus manufacturing unit in PunePEMSPL, which holds 70 per cent in its joint venture with Beiqi Foton with the rest by the Chinese partner, also said it has entered into a...
- BYD-Olectra, Tata Motors, Ashok Leyland in fray to supply, operate 1,200 e-busesState transport utilities have floated, or are in the process of floating, tenders for about 5,500 electric buses, and out of these bids fo...
- Indian auto leaders rank among world’s most priceyMedian price-earnings of Maruti, TVS, Tata Motors, Bajaj and Hero is double the global average; Maruti is the fourth most expensive.
- Chinese carmakers Beiqi Foton, Changan's India plans hit a speedbreakerTwo Chinese government-backed automotive companies — Changan Automotive and Beiqi Foton — have hit a roadblock with their India entry strat...
- Government soon to take a view on putting China in 'concern' listThe Indian security establishment feels that China has shown insensitivity as far as core security issues relating to India are concerned.
- China to play an important role in 'Make in Maharashtra': CM Devendra FadnavisFadnavis was part of PM Narendra Modi's entourage and he participated in the State/Provincial Leaders Forum meeting in Beijing.
- India plans not making much headway, top executives quit Beiqi Foton MotorThe $400-million investment that Foton promised in 2011 is still the largest foreign direct investment proposal by a Chinese company in Ind...
- Chinese truck maker BeiBen eyes Indian market; to introduce it's vast array of vehicles soonGovernment’s renewed focus on infrastructure and promise to undertake fresh measures to revive the economy have rekindled optimism in the s...
- Daimler gets approval for truck JV with China's FotonDaimler AG said it has received Chinese government approval to set up a 50-50 truck venture with Beiqi Foton Motor Co.
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