BMW CEO vows to overhaul business after disappointing first halfThe company's forecast range of 1% to 3% for its core operating margin includes a 1.25 percentage-point burden from workforce restructurin...
30 Jul, 2026, 12.26 PM IST
Mideast war supercharges electric car sales: IEASoaring fuel prices due to the Mideast war have supercharged sales of electric cars in the second quarter, the International Energy Agency ...
30 Jul, 2026, 11.11 AM IST
BMW aims to cut 8,000 jobs by end 2027, source saysBMW plans voluntary redundancy for nearly half its German workforce. This move aims to reduce approximately eight thousand jobs by the end ...
29 Jul, 2026, 01.06 PM IST
Delhi's electric dream meets a charging realityDelhi aims to make most new vehicles electric by 2027. The policy offers subsidies and registration fee waivers for electric vehicle buyers...
29 Jul, 2026, 09.37 AM IST
Ford raises annual profit forecast again as truck demand stays strongFord Motor has increased its annual profit forecast for the second time this year. Resilient customers are purchasing the company's expensi...
29 Jul, 2026, 07.14 AM IST
Spain identified a rare-earth deposit that could supply one-third of Europe's needs: could this massive discovery reduce foreign reliance, or will environmental battles kill it?Europe might sit on its own green energy goldmine. Deep in central Spain, a major rare-earth deposit was discovered. It holds enough critic...
28 Jul, 2026, 07.21 PM IST
BYD launches EV mini-car in JapanBYD has launched the Racco electric mini-car in Japan, priced below 2 million yen before subsidies, aiming to revive weak sales and boost b...
28 Jul, 2026, 09.51 AM IST
India-made EVs race ahead globally amid fuel price shockExports rose to 15,641 units in the three months ended June, from 1,122 units a year earlier, showed industry data. This accounted for more...
27 Jul, 2026, 10.02 PM IST
Alternate fuel penetration in Indian CV industry to touch 40-45% by FY30: ICRAThe rise in EV penetration in the commercial vehicles (CV) industry is led primarily by the bus segment within the M&HCV (medium and heavy ...
27 Jul, 2026, 07.06 PM IST
Unexpected gainer of trouble in the Gulf? 13 stocks from backend of the EV shift, with upside potential of up to 33%Most investors seeking exposure to the EV shift choose the obvious: A pure EV company; a scooter or car maker. They are the face of the tra...
26 Jul, 2026, 08.18 AM IST
Premium car buyers drive EV, hybrid shift as high-margin segment goes electricElectrified vehicles are now nearly half of new premium car registrations. This significant shift reflects changing buyer preferences in In...
26 Jul, 2026, 04.00 AM IST
China blacklists 14 European firms in retaliation for EU's Russia sanctionsChina has added fourteen European organizations to its export control list. This action is a direct response to the European Union's sancti...
25 Jul, 2026, 12.24 AM IST
Mercedes-Benz India rolls out E25-compliant cars amid biofuel pushMercedes-Benz India is introducing E25 compliant vehicles for the Indian market. This move anticipates future government regulations on bio...
24 Jul, 2026, 06.50 PM IST
EV penetration may rise to 10-12% of total sales in FY27: Ind-Ra reportIndia's electric vehicle sales are projected to reach ten to twelve percent this fiscal year. E-two-wheelers will drive this adoption, supp...
23 Jul, 2026, 07.35 PM IST
Global Earnings | Hyundai Motor reports 21% drop in Q2 profit, misses forecastsHyundai Motor reported a significant profit drop in the second quarter. Weaker vehicle sales and production disruptions impacted the compan...
23 Jul, 2026, 12.06 PM IST
Elon Musk's Tesla posts cash burn as capex surges on AI, robotaxi pushTesla Inc.reported negative free cash flow of $1.1 billion in Q2 as heavy spending on AI, robotaxis and manufacturing weighed. Deliveries b...
23 Jul, 2026, 10.57 AM IST
Subsidy deadline may be extended for electric-two-wheelers; PM E-Drive scheme needs more fundsThe Ministry of Heavy Industries is considering extending subsidies for domestically manufactured electric two-wheelers beyond the current ...
22 Jul, 2026, 08.42 AM IST