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ELECTRIC VEHICLE MAKER
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...- Mahindra's SUV output dips up to 15% in June amid supply chain worker crunch; XUV 7XO, Thar production hitMahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. ...
- Gujarat to introduce ‘Ultra Mega’ category in new industrial policyGujarat is introducing a new 'ultra mega' industry category. This requires at least Rs 10,000 crore investment and 3,000 jobs. The state is...
- BYD to launch its hybrid SUV based on DM-i Hybrid tech with driving range of more than 1,200km in India: Check detailsBYD India is set to launch its first plug-in hybrid SUV, the Seal U, later this year, featuring the company's electric-first DM-i technolog...
- Xpeng boss to head robot unit with humanoid mass production imminentThe announcement follows market talk that Shi Xiaoxin, a core executive involved in the IRON project, had left the company earlier this mo...
- Zepto's market position; TCS' AI verdict at AGMZepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.
- Ather board to consider fresh fundraise on June 12The fundraising could be undertaken through routes including a qualified institutional placement (QIP), a rights issue or other permissible...
- Alibaba, BYD, Baidu are helping China military - Pentagon makes shocking claimsUS-China relations: Pentagon's update on Monday comes months after it briefly released -- then withdrew -- an earlier version of the list w...
- Hot wheels got intelligent: Carmakers are device-fying, and tech companies making cars are bringing their world view with themThe automobile is transforming into a smart device. Traditional carmakers face a challenge as software and data become more valuable than h...
- Tata Motors' expansion to go on, Iveco acquisition to help it rank among top 4 global CV makers: N ChandrasekaranTata Motors is gearing up for an ambitious global journey, aiming to redefine its role in emerging commercial vehicle markets, chairman Cha...
- China and Hong Kong users unable to access SpaceX website, IPO documentsSpaceX's website and IPO marketing documents are inaccessible in Hong Kong and mainland China, potentially limiting investor participation ...
- Clean rules put auto parts cos on a whole new growth pathIndia's auto component sector is set for a growth spurt. New rules for cleaner, safer, and fuel-efficient vehicles are boosting demand for ...
- Ola Electric launches QIP, sets floor price at Rs 37.74Ola Electric has launched a qualified institutional placement (QIP) with a floor price of Rs 37.74 per share to raise funds amidst challeng...
- Chinese Wall may stem India tech flows for electronics and automobileNew Chinese regulations on technology transfers may affect India's electronics and automotive component manufacturing plans. Indian compani...
- Ola Electric opens QIP, sets floor price at Rs 37.74/shareOla Electric Mobility has approved its qualified institutional placement (QIP), setting a floor price of ₹37.74 per equity share. This fund...
- SoftBank overtakes Toyota as Japan's most valuable company on AI boomSoftBank Group has become Japan's most valuable company, surpassing Toyota Motor. This shift highlights investor excitement for artificial ...
- 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...
- Electric two-wheeler sales cross 150,000 in May amid fuel price riseThe recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts,...
- India's electric scooter market regains charge after April slowdownIndia's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recovering from a dip in April. Major pl...
- Ola Electric eyes commercial EV launch for gig workers amid quick commerce boomSources said the company received approval for the new vehicle in early February and is expected to launch the model in the coming quarters.
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