Such direct contracts will assist the carmaker in getting cheap power
Hero MotoCorp's consolidated net profit fell by 8.63 per cent YoY to Rs 682.28 crore in the second quarter of FY23 amid weakening rural demand
Picking the wrong Hyundai is just embarrassing. Going down a protectionist path reminiscent of the country's own, impoverished socialist past is the bigger folly
The compact SUV comes with various exterior and interior changes to give it a sporty styling, inspired by motorsport.
Hyundai plans to invest in launch electric vehicles in India by 2028, making a clean energy drive in a country with some of the most polluted cities in the world
The Seoul-based automaker said it aimed to achieve an operating profit margin of 10% or higher in EV business by 2030
The Seoul-based automaker said it aimed to achieve an operating profit margin of 10% or higher in EV business by 2030
Foxconn Chairman Liu's comments come after Foxconn unveiled its first three electric vehicle prototypes earlier this week
Hyundai's ambitious plan could fizzle out this year with delayed production and rapidly drying-up state subsidies, and its labor union's opposition to its massive investment in the US
Hyundai plans to invest $7.4 billion in US by 2025 to make electronic vehicles, enhance production facilities and invest further in smart mobility solutions
Over the past 6 months, several auto majors and component suppliers have chosen Tamil Nadu to set up electric vehicle manufacturing facilities to produce about 4.5 million EV two-wheelers cumulatively
The company refuses to give a launch timeline, says it is in talks with battery makers and suppliers to localise a large portion of manufacturing in order to bring the cost down
Kona Electric is currently priced at Rs 23.71 lakh (ex-showroom Delhi)
The South Korean carmaker unveiled a 'Strategy 2025' roadmap that envisaged annual average spending of 10 trillion won, higher than previous years, and up from a 2018 figure of 6.1 trillion won
The company claims that the Kona EV delivers a range of 452 km in one single charge under standard testing conditions.
South Korean auto-maker Hyundai today unvieled two electric vehicles (EVs)-the Nexo and the Ioniq--at a business summit in New Delhi. The next gen fuel cell-run Nexo and the battery- powered global Ioniq were showcased during the second edition of the India-Korea Business Summit in the national capital, a release said. "Since the past 20 years, Hyundai has a long-term commitment towards Make-in-India and today we are proud to showcase sports utility vehicle Nexo along with an global EV Ioniq at the India Korea Summit 2018," Hyundai Motor R&D centre vice president S H Kim was quoted as saying in the release. Terming the development of the two EVs a significant leap forward for Hyundai Motor as it intensifies the company's efforts to produce highly efficient, eco-friendly vehicles, Kim said, "Hyundai is continuously innovating in clean and connected mobility solutions to make a long-term positive transformation for our future generations." The Nexo is set to spearhead