Korean manufacturer introduces five new electric cars made in India for the domestic market.
Force Motor has unveiled the 2024 Force Gurkha in India, with the off-roader set to be released in May 2024, with buyers able to reserve it in advance.
Rakesh Sharma, the Executive Director of Bajaj Auto, revealed the news during a recent post-earnings conference call.
The move comes in the wake of India’s new EV policy, where incentives have been provided for setting up manufacturing plant in India.
Xiaomi’s SU7 Electric Car, despite generating high consumer interest, has caused a 7-month delivery wait due to the surge in pre-orders.
Hyundai unveils 2025 Tucson with enhanced design and advanced driver assistance systems, offering hybrid and plug-in powertrains in the US market.
Audi expects growth of the luxury car market in India to moderate to low double digits in 2024 compared to around 25 per cent in 2023.
Toyota Motor achieved record annual sales of 11.2 million in 2023, solidifying its position as the leading global automaker, despite scandals at three group companies, including Hino Motors and Daihatsu.
Tata Passenger Electric Mobility Ltd, a unit of Tata Motors, acquired the facility from Ford India for Rs 725.7 crore in January last year.
The two companies have entered into an MoU for the same, Suzuki Motorcycle India Pvt Ltd (SMIPL) said in a statement.
The country’s second-largest carmaker also announced that it will invest Rs 6,000 crore in Maharashtra as part of an agreement inked between the company and the state government in Davos.
An estimated weighted average of increase across models is 0.45 per cent, the auto major said in a regulatory filing.
Hyundai unveiled the S-A2, a four-passenger air taxi set to launch in 2028, marking a bold attempt to dominate metropolitan skies.
The company inked an MoU with the state government regarding the new investment during the Tamil Nadu Global Investors Meet 2024.
Both domestic and foreign companies made big moves into the business, which made it more dynamic.
Today, Lei Jun, founder and CEO of Xiaomi, posted the first public picture of the future EV on his X handle.
We were treated to the supremely suave BMW i7 in Australia, the profoundly remarkable Ineos Grenadier in Scotland, and a trio of unexpectedly delightful Japanese sports cars:
Now, the company is focusing on the general market and going after cars like the Tesla Model 3 and Model Y.
In the latest news, a prototype that is ready for production has been seen testing on our roads, though it is disguised as an image.
Through a comprehensive $10.8 billion cost-cutting initiative, the German automotive behemoth is presently tasked with optimizing its operations and expenses.
HMIL COO Tarun Garg, COO said the company always tries to absorb the cost escalations to the extent possible and ensure customers are not burdened.
Notably, this action is in line with Tesla’s goal of increasing the accessibility of electric vehicles for a wider range of users.
The Jimny sticks to its essential qualities even as the Thunder Edition takes centre stage.
The model, which was widely observed throughout its extensive testing phase, is eagerly awaited and expected to be available for purchase in December 2023,
For a more affordable vehicle, Volkswagen is using locally sourced components.
