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India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report

This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…

ANI   


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Long-term policy support necessary for EV segment growth: Lohia

Phase II of the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) India sche…

PTI   


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Capex and incentives will lead capital goods sector surge by 9-11% in FY25: CRISIL Ratings

In an outlook for India's capital goods sector, leading manufacturers are poised for sustained doub…

ANI   


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US-China tariff war could benefit several sectors in India while harming a few others

President Joe Biden imposed fresh tariffs on Chinese products to protect American workers from unfa…

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Tesla electric vehicles entry into India will be "natural progression", says Elon Musk

In a significant development for India's electric vehicle (EV) industry, EV maker Tesla has lately …

ANI   


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EV sales expected to grow by over 65% in 2024, double its overall market share

Indian EV makers had a great year in 2023, nearly doubling their sales compared to 2022, despite th…

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4 mins read

Electrifying auto market: Planning to buy an EV, compare their price with petrol, diesel and CNG variants

Electric Vehicles (EVs) are here to take over the auto market. In the US, this growing trend is clo…

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Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry

The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…

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2 mins read

An African kingdom famed for its bustling souks and immense desert dunes is revving up to build electric vehicles

According to data company CEIC, Morocco produced 535,825 motor vehicles in 2023, up from 464,864 in…

Nathan Rennolds   


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M&A deal value in India drops 27% in 2023 says Deloitte report

M&A deal value in India fell 27 per cent in 2023 to USD 136 billion but the deals market is expecte…

PTI   


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Widespread adoption of electric vehicles is already making some neighbourhoods cleaner, study finds

Studies have shown that electric vehicle sales in India have risen more than sixfold since pre-pand…

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Popular Vehicles and Services to float IPO on March 12

The IPO comprises a fresh issuance of equity shares worth Rs 250 crore and an Offer For Sale (O…

PTI   


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New EV Policy: Elon Musk’s Tesla may soon enter India as import taxes slashed for electric vehicles

In what may come as a big boost to Tesla’s plans to enter India, the Indian government has announce…

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OPINION: Women’s Day special — Can EVs bring ‘missing women’ back into the workforce?

For millions of women, the simple act of leaving their homes to navigate work or errands is fraught…

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Tata Power deploys EV charging points on key routes to Ayodhya

Tata Power on Saturday said it has collaborated with the Ayodhya Development Authority (ADA) to dep…

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Hyundai plans to scale up production capacity, introduce more EVs in India

Chung visited India on April 23 to review the group's mid-to-long-term strategies to solidify i…

PTI   


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Global automakers scale back electric vehicles, turn towards hybrids

Global electrification, previously driven by strong electric vehicle sales, is now showing signs of…

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India’s electric two-wheeler industry records highest-ever monthly sales as FAME subsidy ends

The Indian electric two-wheeler industry has reported its best-ever month in terms of sales in Marc…

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BYD Seal electric sedan launched in India starting at ₹41 lakh

BYD India on Tuesday announced the launch of the BYD Seal, the company’s third electric car and its…

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Servotech Power Systems to instal 5,000 EV charging stations in India

Servotech Power Systems to instal 5,000 EV charging stations in India. "Servotech Power Systems is …

PTI