Octavia 2021 punches above its weight
The EV charging network, when up and running, would be open to all electric vehicles and will lead to standardisation between manufacturers.
The luxury-car maker will take a 33% stake in battery manufacturer Automotive Cells Company that will be financed through equity, debt and subsidies to build capacity of at least 120 gigawatt hours
Volkswagen is targeting to corner around 10 per cent of the fast growing mid-sized SUV market in India by next year as it launches its new model Taigun, according to a senior company official
A top company executive said that it is also going to expand its presence in the electric vehicle space by launching a new car in the below Rs 20 lakh category
A shortage of semiconductors is just part of the problem, Alixpartners said in a new forecast
"2027 would be a good time for new sales to be 100% electric," Naveen Munjal, managing director of Hero Electric Vehicles Pvt., said in an interview
The plant employs around 1,200 people
Fundraise includes Series F equity round of $340 mn, debt of $110 mn
Last week, the government had cleared the PLI scheme for the auto industry with an outlay of Rs 25,938 crore, slashed from the initial outlay of Rs 57,042 crore
Italian superbike maker Ducati on Monday said it has commenced the pre-booking for the Monster and the Monster Plus in India.
The 30 million vehicles include both vehicles that had the inflators installed when they were manufactured as well as some inflators that were used in prior recall repairs, NHTSA said in the document
Unsurprisingly, the maximum investment has gone into creating capacities for electric two-wheelers, followed by the rest
Leading two-wheeler maker Hero MotoCorp is going full throttle to launch a Harley-Davidson model with retro styling as it looks to enter a very profitable segment in the premium motorcycle space
Union minister Nitin Gadkari wondered why auto makers are providing eight airbags only in big cars bought by rich people.
Force Motors has pointed out unscientific and "ill-founded prejudices" against diesel-powered commercial vehicles and has sought free movement of such vehicles inside cities
Even as their morale is down with job loss staring at their faces, workers at the Chennai plant of Ford India Private Ltd have restarted production of EcoSport for exports, said an official.
Electric vehicle maker Tesla is expected to reach 1.3 million deliveries in 2022, says a new report.
Zellmer expects to see VW's market share grow to 3 per cent in the next five years
The company has a nearly 40 per cent share in the luxury car market in India