The program, known as the Unified Energy Interface (UEI), is driven by the Beckn Protocol and will enable users to look up local EV charging stations and settle payments with several service providers. The Foundation for Interoperability in Digital Econom ...
Consumers favor hybrids over electric vehicles (EVs) despite the cost advantage.
Even though EVs are subsidized by both the federal and state governments, which has allowed manufacturers to lower their prices relative to hybrids, consumers are increasingly inclined to purchase hybrids rather than fully electric vehicles with batteries ...
Uber and Tata collaboration want to form a strategic partnership to advance digital commerce.
Executives familiar with the situation claimed that Uber Technologies CEO Dara Khosrowshahi met Tata Sons chairman N Chandrasekaran in Davos earlier this year, and the two are set to speak again in Mumbai on the former's forthcoming trip to India to discu ...
Price parity between ICE and EVs for luxury cars is unlikely to happen soon.
Since local assembly is not feasible due to low numbers, the majority of luxury EVs are imported. Because battery costs are coming down, Tata Motors, MG Motor India, and Mahindra & Mahindra are cutting the difference in price between their electric ve ...
ZF launched a new plant in Tennessee and intends to expand by emphasizing EVs and exports.
To construct the new facility in Oragadam across two phases, ZF has committed to spending INR 1,800 crore up to 2030. ZF is to invest a further INR 30 crore in 2024, having already invested INR 170 crore in the first phase. The land is roughly 44 acres in ...
Tata excels once more: The new Nexon receives five stars in the Global NCAP crash test.
In 2018, the Nexon became the first car to receive a five-star rating on #SaferCarsForIndia. Additional safety features, like as six airbags and standard Electronic Stability Control (ESC), were added to the redesigned Nexon in 2023. As of August 8, 2023, ...
Hero MotoCorp Had Mixed Results in Q3
Hero MotoCorp operational revenue increased by 3% to INR 19,724 crore in Q3 despite a stable average selling price and a 3% sequential volume growth.Although the gross margin increased by 130 basis points to 32.7%, the operating profit was constrained by ...
Kerala’s Role in Leading India’s Electric Vehicle Adoption Battle
Electric Vehicle Adoption BattleAutomakers are perplexed by the unexpected increase in demand for electric vehicles in Kerala. Kerala is second in India for Electric Vehicle Adoption, only behind Maharashtra, even though it only accounts for around 4% of ...
The market for financing luxury vehicles soars as more Indians upgrade
The market for financing luxury vehicles in India and the variables influencing it are discussed by executives such as Madan Sabnavis from Bank of Baroda, Santosh Iyer from Mercedes-Benz, Shahrukh Todiwala from Kotak Mahindra Prime, and Ravi Bhatia from J ...
For INR 100 crore, Magenta Mobility will purchase 2000 Euler HiLoad EVs; Euler will increase output.
In the upcoming 18 months, as the partnership intensifies, Euler Motors and Magenta Mobility intend to increase their footprint in other cities. While Magenta Mobility plans to launch in 40 cities to reach a wider audience and attract a larger clientele, ...