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AUTOMAKER EXPANSION
EV push to absorb over Rs 24,000 cr of automakers' capex in two years as electric car adoption accelerates: CrisilIndian passenger vehicle makers are expected to invest over Rs 24,000 crore in electric vehicles out of a planned Rs 60,000 crore capex acr...- Fueling Demand: Inside India’s ethanol mobility revolution in reverseIndia is launching an ambitious green mobility initiative. The country is establishing E100 fuel stations nationwide before flex-fuel vehic...
- China out, India in? The Japanese begin a quiet but powerful pivotJapanese banks are increasingly shifting their Asia strategy from China to India and Southeast Asia as slowing growth, rising costs and geo...
- BYD eyes Canadian EV market as new trade deal opens doors for Chinese automakers, but federal rebate eligibility raises key questions for buyersBYD is set to enter the Canadian electric vehicle market following a new trade deal that reduced tariffs on Chinese-made EVs. The automaker...
- China's Xiaomi Q1 profit sinks 43% on higher memory chip costsXiaomi's first-quarter net profit saw a significant 43% drop. High memory chip costs pressured its smartphone sales. The company is investi...
- Ferrari's Luce leads bold leap into uncertain electric eraFerrari is launching its first all-electric car, the Luce. This move comes as other sports car makers hesitate on EVs. The Luce, priced ove...
- Uber, JSW Group tie up to deploy EVs in India's ride-hailing marketUber has allied with JSW Group to spearhead a new era of electric mobility in India, focusing on enhancing the ride-hailing experience thro...
- JSW Motors ties up Rs 8,000 crore funding from India’s top bankJSW Motors, part of Sajjan Jindal's business empire, has secured a significant 80 billion rupee funding line. This financial boost from Sta...
- Rs 10.9 lakh crore burden: Iran shock can take a load off India's backRising oil prices triggered by the Iran conflict are pushing India to accelerate its shift away from fossil fuels, with the government fast...
- Global Market: China’s April growth slows sharply as consumption, factory output weakenChina's economy shows signs of slowing down. Industrial output, retail sales, and investment activity weakened in April. This slowdown is l...
- China's economy slows in April as output, retail sales disappoint in blow to outlookChina’s industrial output growth slowed to 4.1% in April from 5.7% in March, missing market expectations of a 5.9% rise, official data show...
- Ola Electric to invest Rs 2,000 crore in EV, battery cell unitsOla Electric Mobility's board has approved a significant Rs 2,000 crore investment. This capital will bolster its electric vehicle and batt...
- Ola Electric in talks to supply battery cells to global automakersOla Electric is in discussions with global and domestic automakers to supply lithium-ion cells and battery packs. The company's Krishnagiri...
- Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
- Ford shares soar after Morgan Stanley’s bullish call on energyFord shares jumped as much as 15% after Morgan Stanley highlighted strong potential in its energy storage business. The broker sees possibl...
- China green tech firms target new consumers hit by Iran war energy shockCompanies like Jinko Solar, Chery Automobile, and BYD are seeing surging demand for EVs, batteries, and solar panels in markets seeking alt...
- Hyundai India plans ₹7,500-cr capex for FY27 as Q4 net fallsHyundai India is investing ₹7,500 crore and launching two new models this fiscal year to capitalize on rising demand. The company plans to ...
- M&M Q4 numbers pass the test, but rising aluminium and steel costs cast a shadow on quarters ahead: Subhash GateMahindra & Mahindra's Q4 FY26 results met top-line expectations with strong volume growth. However, rising aluminium and steel prices pose ...
- India's EV transition needs a China-style ecosystem push; scale, policy, charging infra boost: NomuraIndia's transition to electric vehicles (EVs) will depend critically on how quickly it can build out a robust charging ecosystem, with infr...
- Maruti Suzuki hits all-time high production of 23.4 lakh units in FY26Maruti Suzuki India Ltd achieved a record production of 23.4 lakh units in FY26. This makes it the sole passenger vehicle maker in India to...
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