'Currently, EVs are about 30-50 per cent more expensive than ICE vehicles. I believe the inflection point for EVs will come when this price gap narrows to 20-25 per cent. That's when people will start coming in.'
Tata Motors on Friday reported a 62.2 per cent decline in consolidated net profit to Rs 4,003 crore in the June quarter, impacted by volume decline across segments, drop in JLR profits due to US tariffs and high base effect due to gain from sale of discontinued operations. The auto major had posted a consolidated net profit of Rs 10,587 crore in the April-June quarter of the previous fiscal, Tata Motors Ltd (TML) said in a regulatory filing.
Trump's latest statement comes after Elon Musk strongly criticised the US President's "big, beautiful bill" and stressed that it is time for a new political party that cares about the people.
'The customer is fast changing, and she demands newer experiences that wealth can buy.'
JV to export e-carts, aim for 10% global market share, $1 bn turnover and innovation in driverless tech.
The Harrier EV is the first mainstream EV in India to offer a dual-motor, all-wheel-drive (AWD) which the company has termed as QWD, The Quad Wheel Drive, reports Rajesh Karkera.
The Centre should provide a clear regulatory pathway that it will follow so that automobile companies can plan their investments and car launches accordingly, Venkatram Mamillapalle, managing director (MD) & chief executive officer (CEO), Renault India Operations, said on Tuesday. Renault is planning to launch five cars - including a B-plus segment sport utility vehicle (SUV), a C-segment SUV and an electric vehicle (EV) - in India in the next three years, he told reporters. In early 2022, the ministry of road transport and highways had announced that cars in India would be required to have six airbags from October 1, 2022.
MSIL, which currently has a subscription service that allows customers to lease its petrol-run and strong hybrid vehicles on a flexible, long-term basis without ownership commitments, will introduce a leasing service as well.
Glimpses from India and around the world that will make you smile and cry.
United States President Donald Trump on Tuesday (local time) reiterated his opposition to electric vehicle (EV) mandates, criticising government subsidies for Tesla CEO Elon Musk and questioning the broader push for EV adoption in the United States.
Truck rentals saw a positive momentum across most key trunk routes due to an increased pre-kharif agricultural activity and a resilient manufacturing sector. The Kolkata-Guwahati-Kolkata corridor witnessed a month-on-month (M-o-M) rise of 2.4 per cent, while the Mumbai-Chennai-Mumbai route grew by 1.9 per cent and the Delhi-Hyderabad-Delhi route saw a 1.6 per cent increase in truck rentals, said June edition of the Shriram Mobility Bulletin.
Skoda Auto India, the Czech carmaker that has recently found success with its compact SUV Kylaq, says it remains committed to developing a fully localised electric vehicle (EV). The EV will be manufactured at its Chakan facility for both Indian market and exports.
Vijay Rupani was among 242 persons on board a London-bound Air India flight that crashed into a building of a medical college and hostel in the Meghaninagar area moments after taking off from the Sardar Vallabhbhai Patel International Airport on Thursday afternoon.
The BYD Sealion 7 offers instant, exhilarating power, effortlessly pinning you to your seat with a 0-100 km/h sprint in just 4.5 seconds -- a performance proudly showcased on its rear badging.
For FY26, the company has adopted a cautious outlook, anticipating domestic growth to broadly track the industry's low single-digit estimated growth amid ongoing economic headwinds.
Honda Cars India Ltd on Tuesday launched an all new version of its sports utility vehicle CR-V which will be cheaper by up to Rs 270,000 from previous model as the company looks to strengthen foot hold in the Indian market.
VF 7 and VF 6, as the models are called, will go on sale in August after the inauguration of VinFast's plant in Thoothukudi in Tamil Nadu, and deliveries will follow later.
Honda, Tata, Nissan have lined up amazing vehicles.
In September, JSW MG Motor India, the newly minted joint venture between SAIC Motor, which is present in 100 countries, and Indian conglomerate JSW Group, launched the Windsor, an electric car that introduced battery as a service (BaaS).
The US carmaker's entry into India is expected by the last quarter of the current financial year.
Scenes from war-torn Iran and Israel.
A cloudburst in the high altitude villages of Dharali in Uttarkashi district of Uttarakhand led to flash floods, causing damage to houses and sweeping away structures. Several people are feared buried under debris.
When it comes to the "all-new" Tata Altroz unveiled on Thursday, one might wonder if it's truly a complete overhaul or just a refreshed take on the familiar.
Local residents said a migrant labourer was injured in the incident, while a few houses in the area also sustained damage. Parts of the unidentified object were lying in the area, they said.
"If anyone doubted he was ever a team man, they got to see it first-hand today. That requires more than just steel," Shastri said in a video posted by the BCCI on its website.
There is the range of new launches during this year's festive season.
'You need the drishti, the experience. I am beginning to see things differently.'
The company has the largest car park in EVs in India, estimated to be around 170,000 units. As a pilot, it has already started work with used online car marketplace Spinny.
'VS was a man who devoted every moment of his life, from the beginning till his death at the age of 100, to the struggle against the injustices inflicted upon land, nature and the common man.'
Uber recorded approximately 200 per cent year-on-year growth in its pre-scheduled ride option, Uber Reserve.
The US President reiterated his long-held view that Putin wants "ALL of Ukraine, not just a piece of it," and warned that such ambitions could lead to "the downfall of Russia."
As there is a moderation in car sales, dealer stock levels across the entire industry have surged to alarming heights. However, the situation is under control at HMIL.
Food delivery app Swiggy on Wednesday launched a Rs 11,330-crore initial share sale, asking investors to take a pie of Indian middle class' rising propensity of online ordering. The company, which is present in over 650 cities and towns of the country, is launching the initial public offering (IPO) amid heightened concerns on urban demand slump, and the management stressed that it is unaffected by the broader trends in the economy. "We are also reading about it, but we are not seeing that yet in the business... So far, we have not seen the impact of demand on our business," its chief financial officer Rahul Bothra said.
'At present, hybrids emit lesser carbon despite using fuel than pure play electric cars.' 'That is because EVs have to be charged and 76 per cent of the country's electricity is still coal-based and not renewables.'
The cars mentioned here do not include facelift, new variants or upgrades of any existing car.
The cars mentioned here do not include facelift, new variants or upgrades of any existing car.
Audi plans to focus the Indian market, including deepening market penetration and increasing sales volume.
A 42-year-old Indian-origin man is on life support with suspected brain damage in Australia after a police officer allegedly knelt on his neck during an arrest, mistaking him for being involved in domestic violence.
Most actors usually face obscurity after a fade-out from the limelight.
A 27-year-old event management professional was killed in an accident while trying to escape from eve-teasers who were chasing her in another vehicle in West Bengal's Paschim Bardhaman district. The victim, identified as Suchandra Chattopadhyay, was travelling with three colleagues to Gaya for a function when the accident took place at Panagarh around 3 AM. Two of the other passengers sustained serious injuries. Police have launched a search operation to locate the suspects.
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