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CHINA ELECTRIC VEHICLE MARKET
ByteDance founder Zhang Yiming reclaims top spot in China's rich list, thanks to his firm's AI pushThe rankings released by The Hurun Research Institute on Tuesday reflected that the country's high-tech sectors were rising but others like...- Tata Motors, Amazon partner to deploy 3,000 electric trucks for e-commerce logisticsFlagging off the fleet, Heavy Industries Minister H D Kumaraswamy said that while electric passenger vehicles and two-wheelers have made en...
- China's industrial profit growth picks up amid two-speed economyChina’s industrial profits rose 14.4% year-on-year in September, accelerating from 4.2% growth in August, according to the National Bureau ...
- SoftBank sells 1.21 crore Ola Electric rights entitlements as EV maker seeks to raise Rs 1,000 croreSoftBank sold nearly 28% of its Ola Electric rights entitlements over two sessions as the company launched a Rs 1,000-crore rights issue. M...
- Hyundai Motor India to hike production capacity to 1.14 mn units by 2030,boost localisationHyundai Motor India plans to raise annual production capacity to 1.14 million vehicles by 2030 and increase localisation to 92% by 2032 as ...
- Hyundai reveals ambitious plan at new Bayon launch; Creta to be part of big push as wellThe mid-size utility vehicle category, comprising SUVs and MPVs measuring 4-4.4 metres in length, recorded sales of around 9 lakh units in ...
- Volkswagen freezes India EV investment as JSW partnership talks continueVolkswagen has paused further investment in its India electric-vehicle programme pending greater clarity on a potential partnership with Sa...
- US military bans BYD vehicles from strategic air base in JapanThe US military is set to ban vehicles made by Chinese EV maker BYD at Kadena Air Base. This decision arises from concerns regarding securi...
- Petrol cars, EVs and crash-test standards face changes; vehicle owners, check how the government plans to make cars saferThe government has tightened vehicle safety norms to reduce fuel leaks, fire risks and electrical hazards in rear-end collisions. All new v...
- Sentiment muted, but India story is unchanged: McKinsey's KumraIndia's investment appeal is currently being tested as global capital flows shift towards other regions. While private capital investors se...
- Global Market: Why China could complicate Musk’s Tesla-SpaceX merger plansElon Musk’s proposed Tesla–SpaceX merger faces potential regulatory hurdles in the US and China over national security, sensitive data and ...
- Motilal Oswal entities apply for 2.39 crore Ola Electric shares in Rs 1,000-crore rights issueMotilal Oswal Financial Services and Calliope Capital Advisors have put in their bids for shares in Ola Electric Mobility's latest rights i...
- US Market: Musk backs Tesla-SpaceX merger idea, envisioning a $3.5 trillion giantElon Musk backs the idea of a Tesla-SpaceX merger that could create a technology conglomerate valued at around $3.5 trillion. The combinati...
- Global Market: China, Hong Kong stocks fall as CATL slump, consumer worries weighChinese and Hong Kong stocks fell as slower profit growth at CATL and concerns over weak domestic consumption weighed on sentiment. Consume...
- China's CATL third-quarter profit growth slowest in nearly two years as competition intensifiesCATL reports slower third-quarter profit growth as intense competition in China’s EV battery market weighs on earnings. Net profit rises 14...
- Volkswagen bet on Xpeng to save its China business. It's not going to planVolkswagen’s ID. UNYX 08 electric SUV sold poorly, achieving only 267 units per month since its launch. The automaker initially aimed for 3...
- Carmakers gear up with multi-powertrain models as Indian buyers shift beyond petrol, dieselCar manufacturers are expanding powertrain offerings by introducing electric, CNG, hybrid, and petrol options. Companies like Renault and S...
- Honda Motorcycle & Scooter India expects FY27 domestic sales volume at 6 million unitsHonda Motorcycle & Scooter India aims to increase domestic sales to 6 million units by March 2027. The company reported a 13.5 percent rise...
- Varroc Engineering to set up JV with French co Forsee Power to develop battery-pack solutionsVarroc Engineering has announced a joint venture with Forsee Power to develop battery-pack solutions for electric vehicles. The collaborati...
- ‘Could sell 3,000 more EVs a month’ if supply constraints ease: MahindraMahindra & Mahindra reported strong demand for its electric vehicles, which may reach 10,000 to 11,000 units monthly. Current production ca...
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