Air India, earlier this year, offered to buy the entire equity share capital of AirAsia India, in which Tata Sons has an 83.67 percent stake. Air India has sought the

The FAME II incentives scheme, which was launched by the government to look into ways to make EVs cheaper and attractive to the end-users and has now been extended to

He has said he aims to cut $3 billion in annual costs by 2026 to reach a 10 percent pretax profit margin by then, up from 7.3 percent last year. 

The sales of electric vehicles in the Indian market are expected to expand at an annual compound rate of 49% by the end of 2030. The factors affecting petrol and

Andhra Pradesh is hosting the first-ever CEO-Ministerial Dialogue under the World Economic Forum-Moving India Network in order to attract $4 billion in investment in the EV segment. On Friday, Andhra

“Ola is planning to hire about 800 people for cars alone and additionally for cell development…,”. The source added, “Even as they are letting go of people, there are more

When the automaker released better-than-expected second-quarter earnings on Wednesday, it cited “strong” orders and “robust and high-quality” demand for vehicles like the flagship electric EQS. Later this year, a new

We all know that life is a journey of beautiful experiences. The moment we choose to give priority over others dictates the sort of future we are thinking for ourselves.

The mission for McKinsey includes a thorough plan to deal with pricing, margins, structure, rightsizing, worldwide company expansion, etc. over the course of the proposed 12-month relationship. According to four

M&M and BII will invest $250 million each into the new entity called EV Co. at a valuation of Rs 70,070 crore ($9 billion). The two companies have signed a

Tesla has announced its 2022 second-quarter vehicle manufacturing and delivery figures. In the second quarter of last year, Elon Musk’s electric car company shipped 201,250 cars. Parts shortages, supply chain

The data released shows all categories in the Indian automobile industry – two-wheelers, three-wheelers, passenger vehicles, tractors, and commercial vehicles – registering a growth last month when compared to the