Mahindra plans a significant capacity expansion for SUVs

Mahindra & Mahindra riding high on the success of it’s recent launches (XUV700, Scorpio N), is sitting on a healthy order book of more than 2,60,000 SUVs. Checkout the model wise order book (taken from Company’s investor PPT). Company’s current production capacity is 29,000 SUVs per month i.e., 3,48,000 p.a. implying an average order book … Read more

Nissan Motor likely to snub Renault revamp over sharing technology

Nissan Motor is willing to walk away from a deal with Renault SA to re-balance their alliance amid concerns the French carmaker wants to license hundreds of jointly developed patented technologies to other players, including new Chinese partner Geely. While both sides appeared near a final agreement two weeks ago, Nissan’s board and management have … Read more

Elon Musk Says Tesla Can Surpass Combined Value of Apple and Aramco

Apple and Aramco are the world’s top two companies by market capitalization. The combined market cap of Aramco and Apple is six times that of Tesla, at today’s stock price. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Elon Musk, … Read more

Hero finally launches VIDA Electric Scooter

After consistent delays over the last few months, Hero has kept up with the festival period launch of it’s much awaited VIDA Electric Scooter. The model is called VIDA V1 and is being offered in two variants – V1 Pro and V1 Plus. Top speed is 80 kmph, running range is indicated at 143 and … Read more

Six-airbag rule for cars deferred by 1 yr

The centre has postponed implementing a proposal making it mandatory for passenger cars to have six airbags by a year to 1 October 2023, road transport and highways minister Nitin Gadkari said on Thursday. The domestic automotive industry had sought a rethink on the rule claiming inflation and regulatory costs made passenger vehicles—particularly small and … Read more

M&M showcases its vision for EVs. Too early to make much out of it.

M&M on August 15, 2022 announced the following – Inauguration of EV design studio in UK – Mahindra Advanced Design Europe (M.A.D.E) at Banbury, Oxfordshire. Its primary objective is to conceive the future Mahindra EV portfolio and the advanced vehicle concepts M.A.D.E shares the campus with the Mahindra Formula E team and forms a part … Read more

Vedanta targets $100 bn revenue by 2030. 6x in 8 years.

Putting in big long term targets is in fancy and Vedanta is not the one to be left behind. Addressing shareholders at the company’s 57th AGM, Anil Agarwal, the chairman has set the target of $100 bn, i.e., approx Rs 8 lakh crore revenues by 2030. Company reported revenues of Rs 1.33 lakh crore in … Read more

22 Features That Make Tesla Cars Unique

All Tesla models are equipped with a driver assistance system called Autopilot. The feature enables a car to steer, accelerate, and brake automatically within its lane. The function does not replace the role of a driver, but is intended to make driving easier and cut down on accidents. New Tesla models have eight cameras and … Read more