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Electric Two-Wheelers Makers Hurt by FAME Investigation Subsidy Crunch-thumnail

Electric Two-Wheelers Makers Hurt by FAME Investigation Subsidy Crunch

According to a report by The Economic Times, manufacturers of electric two-wheelers are encountering a significant obstacle as the government has ceased the distribution of subsidies that were allocated for

Automotive

Feb 20, 2023

Ola Electric to invest INR 7,600 Cr in TN for EV and cell factories-thumnail

Ola Electric to invest INR 7,600 Cr in TN for EV and cell factories

Ola Electric, a company led by Bhavish Aggrawal, has announced plans to invest slightly more than INR 7,600 Crores in the next five years to establish manufacturing plants in Tamil

Automotive

Feb 20, 2023

<strong>Profits at Nissan rise 55% as chip shortages decrease</strong>-thumnail

Profits at Nissan rise 55% as chip shortages decrease

Nissan, a Japanese manufacturer looking to travel more smoothly with its French alliance partner Renault, announced a 55% increase in earnings for the three months ending in December on Thursday.

Automotive

Feb 9, 2023

The December quarter was a tough one for Hero MotoCorp-thumnail

The December quarter was a tough one for Hero MotoCorp

Investors would do well to keep a close eye on developments in the electric vehicle sector. Hero MotoCorp Ltd’s decent gross margin growth was a saving grace for the disappointing

Automotive

Feb 8, 2023

Super-luxury cars sales increased by 50%, an all-time high.-thumnail

Super-luxury cars sales increased by 50%, an all-time high.

The super luxury car brands have been optimistic regarding their growth in India due to the high demands of Indian millionaires and billionaires. Demand for super luxury cars in India

Automotive

Dec 13, 2022

Audi India will raise prices across the range.-thumnail

Audi India will raise prices across the range.

Audi India announced on Wednesday that the company will raise prices in the new year, confirming an increase of up to 1.7 percent across the entire range. These new prices

Automotive

Dec 7, 2022

Why does Switzerland want to ban electric cars?-thumnail

Why does Switzerland want to ban electric cars?

Switzerland is bracing for a possible blackout. Under the proposal, the country plans to limit energy consumption in buildings and could even ban concerts, theatrical performances, and sporting events. If

Automotive

Dec 6, 2022

Let Us Dive Into the Success Story of Yulu-thumnail

Let Us Dive Into the Success Story of Yulu

It is necessary for a country to have a good system of transport for better accessibility. But due to industrialization and the structure of the current society, we are using

Automotive

Nov 16, 2022

Tata Sons moves ahead with plans to merge all its airlines under one entity- Air India-thumnail

Tata Sons moves ahead with plans to merge all its airlines under one entity- Air India

Tata group regained control of Air India after emerging as the winning bidder for the loss-making airline. It had offered a bid of Rs 18,000 crore, which comprised a cash

Automotive

Nov 14, 2022

Shared mobility firm Yulu raises $9 million through debt financing-thumnail

Shared mobility firm Yulu raises $9 million through debt financing

Founded in 2017 by RK Misra, Naveen Dachuri, Hemant Gupta, and Amit Gupta, Yulu provides urban Mobility-as-a-Service (MaaS) in Bengaluru, Mumbai, and Delhi-NCR and is supported by AI-powered Battery-as-a-Service (BaaS)

Automotive

Nov 14, 2022

CarDekho, automobile marketplace plans to invest in $100 Mn in fintech subsidiary Rupyy-thumnail

CarDekho, automobile marketplace plans to invest in $100 Mn in fintech subsidiary Rupyy

The Delhi NCR-based startup turned unicorn in October last year after raising $200 Mn in a Series E funding round led by Leapfrog Investments. Automobile marketplace CarDekho plans to invest

Automotive

Nov 8, 2022

Tata’s Voltas will invest Rs 1,000 crores for expansion.-thumnail

Tata’s Voltas will invest Rs 1,000 crores for expansion.

Voltas is seeking to invest Rs 1,000 crores in manufacturing expansion. This expansion includes a highly equipped manufacturing plant near Chennai of over Rs 500 crores and additionally, Rs 500

Automotive

Nov 7, 2022


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