Automobiles
China calls off plan for €3.8 billion EV battery unit in Germany
07 Nov 2024
China has reacted sharply to European Union's decision to impose tariffs of up to 45 per cent on its electric vehicles by terminating all major projects in Germany and Italy.
Hyundai Motor IPO fails to attract small investor as subscription hits 237%
18 Oct 2024
Hyundai Motor India’s Rs27,870-crore initial public offer (IPO) of shares received overall subscription of 237 per cent of the offer size, as the mega issue closed for subscription on Thursday.
Hyundai Motor India fixes price band for its Rs27,870-cr IPO at Rs1,865-1,960 per share
09 Oct 2024
Hyundai Motor India has set a price band of Rs1,865-1,960 per share of Rs10 face value for its IPO, which is considered as India’s biggest, so far, by any company.
Tata Technologies and BMW Group launch 50:50 joint venture for autonomous car solutions
09 Oct 2024
Tata Technologies has pooled its product engineering and digital services capabilities with the automotive manufacturing strengths of Germany’s BMW Group
Honda overtakes Hero in two-wheeler sales in September
08 Oct 2024
Japanese auto major Honda managed to overtake former partner and arch rival Hero MotoCoro in monthly sales in September 2024 for the first time
Karnataka may exempt electric and hybrid vehicles from paying road tax
26 Sep 2024
The Karnataka government is reported to be planning to give exemption form road tax to electric and hybrid vehicles with a price tag of less than Rs25 lakh, as part of its efforts to develop a clean mobility
Tata Motors, Tata Power team up for setting up commercial vehicle charging stations
22 Sep 2024
Tata Power EV Charging Solutions Limited, a subsidiary of Tata Power Ltd, has signed a memorandum of understanding (MoU) with group company Tata Motors Ltd
It’s official, Ford to use Chennai plant for export production
14 Sep 2024
Ford Motor Co on Saturday officially confirmed plans to restart its Chennai factory for export production. The company said it has submitted a Letter of Intent (LOI) to the Tamil Nadu government detailing its plans.
Samsung SDI, General Motors to build $3.5 bn joint venture EV battery plant in US
30 Aug 2024
Battery and electronic materials maker Samsung SDI on Wednesday announced the signing of a joint venture agreement with US auto maker General Motors for setting up a factory
JSW-MG Motor JV to launch its first EV in October-December quarter
18 Jul 2024
A joint venture of JSW Group and MG Motor will be launching its first vehicle – a crossover utility vehicle (CUV) - somewhere in October-November this year.
