Hyundai India Q2 profit drops 16% to ₹1,375 cr
The company plans to launch CRETA EV for the mass market in the coming months, says Unsoo Kim, Managing Director, HMIL.
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November 2024
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Arya’s EV Drive Hits Pay Dirt
Nishant Arya has led JBM Auto into electric vehicles, charging infrastructure, batteries, renewables and more.
Mahindra shares jump 3% on launch of Thar Roxx in India
Thar Roxx, a 5 seater SUV, has been launched in India, with prices starting at ₹12.99 lakh (introductory ex-showroom).
Ola Electric's 20% rally on IPO debut makes investors richer by ₹6,704 cr
Ola’s co-founder and CEO Bhavish Aggarwal, who owns 1,32,39,60,029 shares in the company, is now worth ₹12,074.5 crore.
Why Eicher Motors shares snapped six-session losing streak
Shares of Eicher Motors surged over 5% today after falling nearly 8% in the past six sessions amid profit booking at higher levels.
Can Falling Li-ion Prices Boost EV Sales?
Lithium-ion battery prices, which constitute 40-60% of the manufacturing cost of EVs, have hit an all-time low. Automakers have slashed prices. But is it enough to propel the domestic EV market?
M&M, Tata Motors shares skid up to 7%; here’s why
The auto heavyweights have reduced the prices of their vehicles to clear unsold inventories amid weak demand.
Mirae launches India's first electric vehicle and new-age auto ETF
The New Fund Offer (NFO) for Mirae Asset Nifty EV and New Age Automotive ETF will open for subscription on June 24, 2024 and close on July 5, 2024.
Mercedes-Benz to invest ₹3,000 cr in Maharashtra: Minister Uday Samant
Uday Samant, in a social media post on X in Marathi, highlighted the investment's potential to generate additional job opportunities in Maharashtra's industrial landscape.
Tata Motor shares skid 9% despite robust Q4; here's why
Tata Motors shares see sharp selling as brokerages cut target prices post Q4.
