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Bullish on India; luxury car penetration expected to remain low till tax rationalisation: Audi
Audi expects growth of the luxury car market in India to moderate to low double digits in 2024 …
PTI
Electric two-wheeler sales crater in April 2024 as prices increase amid reduced subsidies
The sales of electric two-wheelers have come crashing down just a month after recording the best-ev…
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…
Ola Electric cuts prices of scooters to compete with ICE two-wheelers
Ola Electric has become the latest EV maker to announce a price cut for its electric vehicles. The …
The EV scooter battle – Ather 450S vs Ola S1 X+ after the former slashes price
Ather Energy has announced a large price cut for its affordable electric scooter, the Ather 450S ju…
Expect India to be third largest market among 118 countries: Mercedes-Benz
India is the fifth largest market in the region after Japan, South Korea, Australia and Turkey.…
PTI
Pure EV raises $8 million in latest funding round
The Hyderabad-based company said it is currently in the final stage of concluding its Series A1…
PTI
India to see investment of USD 67 billion in next 5-6 years in energy sector: PM
He invited global players to participate in India's energy sector growth, saying that the count…
PTI
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…
Ola Electric raises Rs 3,200 cr to fund EV business
The Bengaluru-based firm aims to accelerate its growth by ramping up its two-wheeler manufact…
PTI
Electric two-wheeler sales rise in Nov as Ola Electric scales a new high
Electric two-wheeler sales in India have continued to improve, recording a new high since the reduc…
Retail auto sales grow by 13% in February, but elevated inventory levels a concern
The Indian auto industry reported a 13% growth in sales in February 2024, with all the segments rep…
Indian Oil set to produce fuel for Formula 1 cars
Indian Oil Corporation (IOCL) will produce fuel for formula one cars, which is being produced at Od…
ANI
Layoffs begin at Ola, 200 employees to be impacted by restructuring exercise
Ride-hailing major Ola has started to lay off 200 employees from its Ola Cabs, Ola Electric and Ola…
Ola group to invest ₹7,614 cr in TN for lithium ion cell, EV cars
Electric vehicle (EV) player Ola Electric Mobility Private Ltd. has signed a Memorandum of Understa…
Europe shouldn't be afraid of Chinese electric cars, says Mercedes-Benz CEO
Ola Källenius rallied against protectionism in an interview with the Financial Times, arguing that …
George Glover
Ola Electric may finally introduce its first electric car on August 15
Ola Electric may finally introduce its first electric car in the country. The company’s CEO, Bhavis…
Ola S1 electric scooter relaunched at an introductory price, electric car teased
As the nation celebrated 75th Independence Day, automaker Ola Electric made some major announcement…
Sourabh Jain
Maruti Suzuki to Hyundai – car makers offer huge year-end discounts to push sales
The year 2023 is about to end and car makers have started offering their annual year-end discounts …
Laying off 200 engineers to 'centralise' operations, clarifies Ola
The company denied sacking 500 employees, adding that it is "centralising operations and is unde…