Tesla has reported a profit of USD 1.5 billion for Q2 (April-June 2024), marking a 45 per cent decrease compared to 2023 (same period). Amidst the announcement, Musk has tipped to launch it’s Robotaxi in October 2024.
The scheme aims to promote green mobility in the country. It has a budget outlay of 500 crore and claims will be processed on a first-come-first-serve basis.
Analysts attribute the carmakers' strong quarterly performance to their timely response to the electric vehicle market, and their focus on high-end sport utility vehicles like the GV80, particularly in the US market, and a weak win.
Uttar Pradesh government has announced a 100 percent waiver on registration fees for hybrid vehicles. The new announcement will help reduce the overall price of these vehicles.
Ducati has launched its latest model, the 'Hypermotard 698 Mono,' in India at an ex-showroom price of Rs 16,50,000. The motorcycle's style is enhanced by several distinctive design elements, such as the dual exhausts positioned on the sides of the tail, the five-spoke alloy wheels featuring a 'Y'.
Maruti Suzuki has reportedly surpassed the milestone of 2 million vehicle dispatches via Indian Railways. The initiative has been taken to support goal of the government, to achieve net zero emissions by 2070.
Hyundai Motor witnessed sales hitting a record in India in the first half of this year, as per the industry data, as it has filed for an initial public offering (IPO) worth Rs 25,000 crore for its India unit.
The electric vehicles (EVs) penetration in the Indian two-wheeler (2W) sector has increased over the past two months, despite incentives being nearly halved in April.
Hyundai Motor is reportedly starting the production of its upcoming Casper Electric, by July 2024. The production will take place in Gwangju, South Korea, and officials confirmed that the initial production goal is 21,400 units by the yearend.
The sale of electric vehicles is expected to exceed 10 million units this year. Several factors are driving this growth, and companies are also striving to reduce manufacturing costs.
The bike is set to be launched in the Indian market on 15 August. The company has released a teaser for the upcoming launch, featuring a 652cc single-cylinder engine.
Hyundai Motor Group, the world's third-largest automaker, is bolstering its EV battery supply chain and expanding its in-house production capabilities. These efforts aim to deliver more affordable electric vehicles with improved driving ranges.
Ola Electric has obtained approval from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). This milestone marks the first-ever IPO by an electric vehicle (EV) startup in India.
Discounts are being offered on petrol and diesel variants to celebrate the sales milestone of 7 lakh units of the compact SUV. Tata Motors introduced the Nexon in September 2017 in India.
Bajaj Auto is developing the world's first CNG-powered motorcycle. The launch of the bike in India, originally scheduled for this month, has been postponed.
Bharat NCAP has released its first assessment results for 2024. The test results cover two Tata Motors cars, both of which have received 5-star ratings. Here are all the details.
New product from Jio is for electric vehicles. The product is compatible with all electric and plug-in hybrid cars. Here are all the details you need to know.
Tata Motors first unveiled the Sierra EV at Auto Expo 2020, and later revealed an improved model at Auto Expo 2023. The company has now made a major announcement regarding the SUV.
0EV sales in India surged significantly in the fiscal year 2023-24, reaching 17,52,406 units, marking a robust 40.31 per cent increase on a year-on-year (YoY) basis. As per the report by JMK Research Analytics, this growth was predominantly driven by the two-wheeler and three-wheeler segments.
Tata Avinya concept was initially unveiled in April 2022. It is an electric car set to be launched in late 2025, based on Tata’s Gen 3 EV architecture. Here are all the details you need to know.
Top News
Latest News
