Automotive
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Tata Motors EV arm acquires Ford Plant in Gujarat for INR 725 crore – ET Auto
As per Tata Motors, with its manufacturing capacity nearing saturation, this acquisition is timely and a win-win for all stakeholders.…
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Revenue share from EV segment to touch 50% by FY27: Sona Comstar MD – ET Auto
Enedym will license its SRM technologies to Gurugram-based Sona Comstar for manufacturing the drive motors, controllers, and drivetrains for the…
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Lumax Auto Technologies net profit rises 540% in Q1 – ET Auto
The company’s sales rose 61.98% to INR 421.93 crore in the quarter ended June 2022 as against INR 260.48 crore…
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Tesla robotaxi will be combination of Uber, Airbnb: Tesla Musk – ET Auto
Tesla’s CEO Elon Musk SAN FRANCISCO: Electric vehicle company Tesla’s CEO Elon Musk has predicted that the company’s robotaxi will…
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Converting your old diesel to EV sounds like a plan but is it worth it? – ET Auto
In December 2021, the Delhi government announced that it will allow diesel vehicles older than 10 years to ply on…
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Maruti Suzuki to produce 20 lakh units in FY23, says Chairman RC Bhargava – ET Auto
Bhargava, in his address to shareholders in the company’s annual report for 2021-22, informed that the upcoming mid-sized SUV Grand…
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Why rate hike by RBI may not compromise growth – ET Auto
Earlier this week, the Reserve Bank of India (RBI/ Central Bank) increased the interest rate by 50 basis points. An…
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Auto industry expects car sales on fast lane in festive season – ET Auto
The festive season, which usually witnesses a spike in automobile sales, begins this year on August 11 with Rakshabandhan stretching…
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Steel players expect government to withdraw export duty; to go ahead with capex plans – ET Auto
The measures were taken to boost domestic availability, check inflation, stabilise prices of coal and address the issues of steel…
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