The company, which is part of Eicher Motors, noted that it has a rich pipeline of products under development which could hit the market in the coming days Mid-sized motorcycle maker Royal Enfield expects the current fiscal to be one of the best for the company in terms of new model launches as it looks … Read more
Though autonomous-vehicle companies are moving slowly toward making their technology available to the public, the industry’s top tier is steadily becoming entrenched, according to two analysts from the research and consulting firm Guidehouse Insights. Each year, Guidehouse ranks some of the biggest names working on automated-driving technology, evaluating each on criteria including technology, strategy, and … Read more
Die-hard Tesla Inc. investors might be forgiven for wondering why the thrill of owning the iconic carmaker’s stock has seemingly disappeared. After all, since catapulting over 700% last year, the shares have barely eked out a 3.4% advance in 2021. Meme stocks like GameStop have pushed Tesla out of the limelight, while Bitcoin has attracted … Read more
While it has already opened its electric technologies plant in Bengaluru that produces battery packs, power electronics and motors, it has also invested in a new manufacturing unit at its chakan plant to produce EVs. Mahindra & Mahindra Ltd will put in fresh investments to the tune of ₹ 3,000 crore on its electric vehicles … Read more
Most perceptions of private aviation include chartering an expensive plane and spending thousands of dollars for just an hour of flight time. But a growing market in aviation is for personal private jets, planes that are small and simple enough that they can be flown by one person while being cheaper to operate than traditional … Read more
The Supreme Court on Friday upheld Tata Sons’ decision to sack Cyrus Mistry as chairman of the salt-to-software conglomerate. The court pronounced its judgment on the cross appeals filed by Tata Sons and Cyrus Investments against the National Company Law Appellate Tribunal (NCLAT) order which had restored Mistry as the executive chairman of the over … Read more
Family members of the $8.5-billion TVS Group have executed a brand agreement with respect to the use, adoption, and registration of the firm’s word marks, which include trademarks and related composite marks. These marks include TVS, Sundaram, and several others. They may also contain an additional element other than the word mark, in the form … Read more
What Happened: U.S. President Joe Biden is pushing to add more than 500,000 charging stations over the next four years. Many investors believe this will favor traditional automakers, but Loup says that’s not necessarily the case. “We see it as a positive for both, given EV adoption is still nascent at about 2% of new vehicle sales … Read more
India needs to review the overall taxation of premium luxury vehicles, which is slowing the growth of such vehicles in the country, said Martin Schwenk, MD & CEO, Mercedes-Benz India. “Duties, schemes, taxation is a massive burden… that is slowing the growth. So, we will have growth, but will not have exponential growth,” Mr. Schwenk … Read more