Latest Updates Around The World
Speak at Benchmark weekIola Hughes, head of battery research at Benchmark Mineral Intelligence, outlined a market that is experiencing “very strong growth” and is becoming essential for energy security. Hughes described energy storage as the fastest growing segment in the battery sector today. Benchmark expects the market to grow by about 44 percent this year, […]
SUV giant Mahindra on Wednesday announced that it has sold a whopping 30,000 electric vehicles (EVs) SUVs in just seven months, accounting for one sold every ten minutes. With an ambition to lead the Indian EV market, Mahindra launched the XEV 9e and BE 6 last November. Kicking off its two-day event to celebrate the […]
” decoding=”async” fetchpriority=”high”/> CHENNAI: This calendar year has proven to be impressive for battery-powered electric vehicles in the country. For the first time, total EV registrations across all segments have surpassed the 2 million unit milestone – and the year is still not over, with more than a month to go. The increase highlights increasing […]
India’s Tata Motors is betting its recently launched sport-utility vehicle will help boost competition with rivals such as Hyundai Motor and Maruti Suzuki in a hotly contested and fast-growing part of the market.Tata, India’s third-largest automaker, launched the mid-size Sierra SUV on Tuesday, reviving a decades-old cult brand that will take on Hyundai’s Creta SUV […]
New Delhi: Force Motors, known for its shared mobility solutions, is gearing up to expand its presence in global markets and the defense segment after consolidating its position in India by narrowing down to focus areas for profitable growth, said Managing Director Prasan Firodia. The Pune-based carmaker, which has been debt-free for two quarters now, […]
Mumbai: Tata Motors Passenger Vehicles (TMPV) on Friday questioned proposals to change the definition of small cars, especially attempts to introduce weight as a criterion.Shailesh Chandra, MD & CEO, said there is “absolutely no justification” for changing the Indian corporate framework for average fuel efficiency (Cafe) or giving concessions to any category of car. During […]
SUVs are driving the growth of the domestic passenger car segment, with customers looking to upgrade to bigger cars instead of downgrading to smaller ones due to lower prices after the GST rate cut, a top Hyundai Motor India executive said.The company, which on Tuesday introduced an all-new version of its Venue compact SUV, said […]
There are times in financial history when the world is so distracted by the headlines that it completely misses the real story unfolding underneath. I’ve seen this happen time and time again in multiple bull and bear cycles, from the dotcom mania to the housing euphoria to the crypto rush. Today the spotlight has shifted […]
The real battle between traditional automakers and Chinese manufacturers is not in Europe or the United States, but in developing countries and low-income economies. China is steadily becoming a serious competitor for consumers in Latin America, Africa, the Middle East, Central Asia and Southeast Asia. While headlines often focus on the expansion of Chinese automakers […]
