M&M to list its electric 3-wheeler business by 2027
Mahindra & Mahindra plans to list its electric three-wheeler (e3W) business by 2027, according to comments made by Managing Director and CEO Anish Shah in...
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Center likely to summon EV manufacturers Ola & Okinawa over scooters catching fire: Report
Customers were concerned when an Ola electric scooter and an Okinawa electric bike caught fire.
Maruti Suzuki to raise vehicle prices amid growing input costs
Maruti Suzuki India (MSI), the country's largest carmaker, announced on Wednesday that it will raise prices across the board this month due to rising input costs.
Lamborghini marks sales of 400 cars since its operations in India
In 2021, the sales surged by 86% as the company sold 69 cars.
Renault suspends its operations in Russia, revises 2022 outlook
The decision was made in response to rising criticism of the French company's prolonged participation in Russia since the country invaded Ukraine.
Suzuki to invest $1.3 billion into EVs & battery manufacturing in India
As the Japanese Prime Minister Fumio Kishida is on his two-day visit to India, this MOU was signed in his presence at India-Japan Annual Summit held in New Delhi.
Porsche sets new benchmark with 3 lakh unit deliveries in FY21
Last year, Porsche sold 41,296 units of Taycan EV, while it sold 38,464 units of Porsche 911.
Germany approves Tesla to set up manufacturing unit
Tesla has to find skilled labour for its project execution and Germany currently is going through a skilled labour deficit.
Volkswagen, Mercedes-Benz announce to halt activities in Russia until further notice
Volkswagen, owner of brands like Audi and Skoda, announced it has decided to stop production at its Kaluga and Nizhny Novgorod plants.
Electric scooters likely to get costlier by ₹45,000 in upcoming years: CRISIL
Electric scooters may become more expensive by ₹45,000 in fiscal 2025. This can be counterbalanced by the Production Linked Incentive (PLI) for EVs. Sales of electric two-wheelers grew by 132% over the same time in 2020.
Volkswagen Group to soon launch IPO of Porsche
VW Group and its biggest stakeholder, Porsche SE, are in advanced conversations over a prospective Porsche brand IPO float.
Cargo ship Felicity Ace catches fire; 100s of Audi, Porsche left adrift in the Atlantic Ocean
Fortunately all the crew members a total of 22 staff were safely evacuated and the cargo ship was left unmanned in the ocean.
Vedanta partners with Foxconn to manufacture semiconductors in India
After the government unveiled a Rs 76,000-crore initiative to improve the electronic chip and display industry, Vedanta is the first company to declare plans to invest in semiconductor production.
Manufacturing in China, selling in India not a digestible concept: Nitin Gadkari on Tesla
Elon Musk’s tweet in the last month about Tesla facing problems in setting foot on the Indian market had created a stir, leading to many states openly inviting the Tesla CEO.
Passenger vehicle retail sales plunge 10% in January: FADA
The passenger vehicle (PV) sales plunged to 2,58,329 units last month, below 10.12 per cent from 2,87,424 units in January 2021.
If Tesla wants tax concession, they should be ‘vocal for local’: Govt official
Through September of last year, Tesla executives were photographed driving a red Tesla Model 3 automobile in the national capital's Ministry of Road Transport and Highways building.