Atul Auto zooms 32% in 6 sessions on entry into EV space; stock hits 3-year high
The auto stock has been gaining since January 12 after it announced its foray into the EV with the unveiling of electric three-wheelers at the Auto Expo 2023.
The auto stock has been gaining since January 12 after it announced its foray into the EV with the unveiling of electric three-wheelers at the Auto Expo 2023.
SRK says he feels grateful the transition to electric is happening in his lifetime.
"We are looking to double the number of cities we are in by the end of the year," says Naveen Soni, president, Lexus India.
MG has unveiled a production-ready hydrogen fuel-cell MPV 'EUNIQ 7' at the Auto Expo 2023.
The EVs that were unveiled to visitors at the auto expo included Lexus RX, Lexus LF-30, Lexus LF-Z, Lexus UX300e, Lexus LM, Lexus 500d, Lexus LC 500h, and Lexus ES 300h.
"The world-leading hydrogen fuel cell system underlines MG's commitment to providing clean and efficient travel based on green, renewable power sources," the company says in a statement.
The company unveiled products across Gen 2 and Gen 3 architecture, and design innovation in CNG, with the concept Curvv in its ICE avatar.
The Indian arm of the Chinese-owned brand is eyeing a quarter of its revenues coming from EVs in 2023.
The concept mid-size electric SUV, which is slated for a launch by 2025, will offer up to 550 kilometres of driving range.
The company says that the IONIQ 5 is equipped with vehicle-to-load technology, which supports up to 3.6 kW of power.