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MAGNA EV
Tata Motors CV shares slide 3% after reporting Rs 867 crore loss in first results since listingTata Motors (Commercial Vehicles) shares dropped 3.3% after reporting a Q2 net loss of Rs 867 crore, a reversal from last year's profit. Th...- Tata Motors signs MoU with Green Energy Mobility to supply e-buses to Tamil NaduTata Motors has partnered with Green Energy Mobility to supply 100 electric buses to Tamil Nadu, marking a significant step towards sustain...
- Tata Power-DDL, Magna Yuma to jointly set up battery-swapping stations for EVs in DelhiTata Power-DDL partners with Magna Yuma to establish battery-swapping stations for electric vehicles in Delhi, aiming to boost clean energy...
- Tata Motors partners with Vertelo for leasing solutions for electric CVsTata Motors collaborates with Vertelo to provide leasing options for electric commercial vehicles. This partnership aims to help fleet owne...
- How one of the largest auto suppliers in the world is preparing for Trump's tariffsSwamy Kotagiri, CEO of Magna, discussed the challenges faced by the auto supplier amid industry disruptions, including tariffs and global u...
- Yulu raises $19 million from Magna and Bajaj Auto, eyes expansion & new product launchYulu Bikes, a shared mobility services provider, has secured $19.25 million in funding from existing investors Magna and Bajaj Auto, with w...
- EV firms driving demand for expats; cos increase hiring in tech, engineering, R&D rolesAs India emerges as a key player in the global electric vehicle market, companies like Tata Motors and Ather Energy are actively recruiting...
- US auto strike's economic fallout starts to hurt global businessesThe month-long strike by hourly workers at the Detroit Three automakers is starting to have a financial impact on businesses, including air...
- Foreign auto manufacturers in India step up manpower hunt in bid to drive expansionOverseas automobile and component makers in India are boosting their search for specialised talent in engineering, research and design and ...
- Yulu expands in Gurugram to enter last-mile delivery spaceGurugram is Yulu's fourth city after Bengaluru, Mumbai and Delhi, where it already operates a shared fleet of over 25,000 electric vehicles...
- Fisker to sell limited edition electric SUVs in India by fourth quarterThe company had said in September it would begin selling its Ocean electric SUVs in India by July 2023, with local production beginning in ...
- UK startup Helixx leans on Siemens to design EV 'factory in a box'UK start-up Helixx will use Siemens' digital platform to design a "factory in a box" that will produce low-cost electric vehicles (EVs), be...
- UK startup Helixx leans on Siemens to design EV 'factory in a box'While the 'factory in a box' concept has been embraced by the pharmaceutical sector spurred by supply chain disruptions during the COVID-19...
- Mobileye cuts revenue forecast on slow China EV demand, shares sinkChina’s decision last year to end a more than decade-long subsidy for EV purchases has forced automakers to deepen discounts in the world’s...
- Electric scooter maker Bounce fires 4% of its workforceThis is a new round of layoffs at the company after its shared mobility business took a hit soon after the Covid-19 outbreak in 2020, leadi...
- Another week of tepid funding for Indian startupsWith large PE and VC funds still placing their bets cautiously amid the volatile macroeconomic environment, the dry spell might continue fo...
- Magna invests $77 million in India's EV startup Yulu to enter micromobility marketMicromobility, which facilitates transportation over short distances through light weight vehicles such as electric scooters and bikes, has...
- LG gets $6.1 bn worth order for EV parts in 1st half of 2022LG's vehicle solutions business is estimated to have an accumulated order backlog of 65 trillion won by the end of the year, up 8 per cent ...
- Apple tilts to tried and tested iPhone playbook for car as talks with automakers stallAs the tech giant plots a foray into the car market, it could adopt a similar strategy -- working with a lesser known contract manufacturer...
- LG and Magna announce billion dollar joint venture in electric car gearThe joint venture, tentatively called LG Magna e-Powertrain and valued at $1 billion, will manufacture e-motors, inverters and onboard char...
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