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The two companies had entered into an agreement for the sale of the plant in August last year.

Altigreen says that the neEV Tez has a certified range of 98 km and can be charged up in 15 minutes at Exponent’s e-pump network.

The ban on plying of vehicles was put into force on Monday, January 10 and is in force till Thursday, January 13.

With an expertise in producing global products, Toyota brought the same ideology to India with TKM and opened the Toyota Technical Training Institute (TTTI) in 2007 to impart world-class skills training to young talents of rural Karnataka.

Tesla cut prices by 6% to 13.5% on Friday, bringing some of its auto prices to near BYD's best-selling models in a step analysts said was a sign that a price war could be building.

The British automaker, in its earnings statement for the second quarter, had forecast a positive cash flow for the second half of fiscal year 2023

The order was part of a larger tender of 6,465 electric buses floated by the CESL.