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ELECTRIC CVS
Bullish on autos? Siddhartha Khemka picks Maruti Suzuki and Samvardhana MothersonIndia’s auto sector started FY27 on a mixed note, with passenger vehicles and tractors showing resilience while two-wheelers and commercial...- 2.4 million homes, 10,000 private jets & every NFL team: What all could Elon Musk buy as he edges closer to becoming world's first trillionaire?Elon Musk Net Worth: Elon Musk's estimated net worth has reached around $970 billion, bringing him closer than anyone else in history to be...
- Tata Motors, Mahindra lead the pack as EV sales surge 79%India's electric car sales surged 79% in May. Tata Motors and Mahindra & Mahindra gained market share. Newcomer VinFast also saw growth. JS...
- India's auto demand to hold steady for 2-3 quarters, but global risks loom over exports, marginsIndia's auto sector is set for continued strong demand for the next 2-3 quarters. Elevated growth is anticipated through CY26. This positiv...
- Coal India, NMDC emerge as must-watch mining plays as spot prices surge, says Motilal Oswal's Siddhartha KhemkaIndia's mining and metals sectors show strong opportunity with surging coal and iron ore prices, benefiting Coal India and NMDC. Private ba...
- SAMIL in talks to acquire Nexans Autoelectric wiring harness biz at 207 mn euros enterprise valueAuto components giant SAMIL is set to expand its global reach in wiring harness solutions. The company is in exclusive talks to acquire the...
- 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...
- EKA Mobility, KPIT Technologies ink pact for developing powertrain componentsEKA Mobility has signed a memorandum of understanding with KPIT Technologies to develop powertrain components for electric commercial vehic...
- Will continue to spend Rs 2,000 cr per year on new CV development, capital equipment: Tata MotorsTata Motors is investing around Rs 2,000 crore annually in new commercial vehicles and capital equipment development, focusing on technolog...
- Switch Mobility partners Vertelo to deploy 1,000 eCVs over 3-5 yearsSwitch Mobility Automotive Ltd. and Vertelo have partnered to deploy 1,000 electric buses and light commercial vehicles in India over the n...
- Tata Motors ties up with two firms to expand charging infra for electric CVsOn Wednesday, Tata Motors revealed its partnership with Delta Electronics India and Thunderplus Solutions to install 250 new fast-charging ...
- India's auto retails rise 15% in Jan riding record PV sales; a tough Q4 awaits for CVs: FADAAccording to data from FADA, the overall auto retail market in India grew by 15% YoY in January. The two-wheeler, three-wheeler, passenger ...
- EV financing firm Ascend Capital plans to raise Rs 500 crore in next 18 monthsCofounded in 2019 by Lokesh Chandra Mittal and Gaurav Maheshwari, the company has so far invested about Rs 80 crore in its own business and...
- E-bus maker PMI Electro Mobility working on a range of electric trucks, intercity busesThe company is also looking to get into the intercity electric bus market, which doesn't exist yet in India due to higher range requirement...
- PMI Electro to set up commercial EV manufacturing plant in MaharashtraThe 35-acre facility, to come up in MIDC, Chakan -- a hub of automobile manufacturing near Pune -- will employ 1,500 people, the company sa...
- Tata Motors to invest over $1 billion in CV business in next 4-5 yearsThe company that has taken a lead in the passenger electric vehicle (EV) space, is transitioning to new-age platforms designed to deliver f...
- EV tech startup Cell Propulsion raises USD 2 mn from existing investorsThe funding comes on the back of USD 1 million capital infusion as part of its pre-series A round in September 2020, it said, adding, this ...
- Recovery plays that may disappoint investors"If the investment cycle picks up, both in the public as well as the private sector, then you could be entering into a positive CV cycle."
- Penetration of electric vehicles to remain low in medium-term in PVs, CVs: ICRAThe ratings agency further said the modality of vehicle financing in a battery-swappable model, where core battery is owned/leased by a thi...
- Make cashless transition gradual and user-friendly: RC Bhargava of Maruti SuzukiI think the PM wants to move towards a cashless and corruption-free economy. If that happens, it will be good for the economy, and eventual...
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