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Oil prices settled up by over $2 per barrel on signs of tighter supply, a weaker dollar and optimism over a Chinese demand recovery.
Oil Settles Up $2 On Tighter Supply; OPEC+ Talks Limit Gains
Calender
Dec 22, 2022 02:47 PM
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2 mins read
Oil prices settled up by over $2 per barrel on signs of tighter supply, a weaker dollar and optimism over a Chinese demand recovery.
India Govt Steps Up Audit Of EV Firms Taking Subsidies - Report
India Govt Steps Up Audit Of EV Firms Taking Subsidies - Report
calender
Dec 22, 2022 02:43 PM
The Indian government will stop its electric vehicle subsidy scheme for companies against which complaints have been received.
Delta 4x4 Develops An Off-Road Specific Tesla Model Y
Delta 4x4 Develops An Off-Road Specific Tesla Model Y
calender
Dec 22, 2022 01:29 AM
The Delta 4x4 designed Tesla Model Y has received off-road specific modifications.
India’s EV Sales In FY2023 Reaches 4,42,901 Units; Over 9X Growth Compared To FY2021
India’s EV Sales In FY2023 Reaches 4,42,901 Units; Over 9X Growth Compared To FY2021
calender
Dec 21, 2022 11:24 PM
The Indian auto industry sold 48,179 EVs in Financial Year 2020-21, which increased 5-folds in FY 2021-22 to 2,37,811 units. In comparison, just the year-to-date (YTD) sale of electric vehicles in FY 2022-23 stands at 4,42,901 units, witnessing over 9x growth as against FY2021.
Auto Component Sector Records 34.8 Per Cent Sales Growth In H1 FY2023: ACMA
Auto Component Sector Records 34.8 Per Cent Sales Growth In H1 FY2023: ACMA
calender
Dec 21, 2022 09:45 PM
The total sales of the auto component industry stood at Rs. 2.65 lakh crore or USD 33.8 billion in the April - September 2022 period, recording a growth of 34.8 per cent over the corresponding period last year.
Piero Ferrari Sets Up Succession Plan With Trust Fund For His Stake In The Supercar Firm
Piero Ferrari Sets Up Succession Plan With Trust Fund For His Stake In The Supercar Firm
calender
Dec 21, 2022 08:26 PM
Piero Ferrari has decided to set up a family trust this month which will oversee the roughly 10 per cent stake he inherited from his father, Enzo Ferrari, the founder of the supercar marque. He is the second-largest shareholder in the company.
Tata Still On Track With Plan To Launch 10 EVs In 5 Years; Will Launch Up To 2 EVs Every Year
Tata Still On Track With Plan To Launch 10 EVs In 5 Years; Will Launch Up To 2 EVs Every Year
calender
Dec 21, 2022 06:18 PM
Speaking with car&bike on the sidelines of the media drive for Tiago EV, Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility Limited said that the company is well on track to launch 10 electric vehicles over the next 5 years.
India Probes Possible Misappropriation Of Incentives By EV Makers
India Probes Possible Misappropriation Of Incentives By EV Makers
calender
Dec 21, 2022 06:04 PM
India is investigating the possible misappropriation of incentives given to EV makers under a Rs. 10,000 crore programme to promote their faster adoption.
Hyundai Ioniq 5 Unveiled In India; Bookings Open
Hyundai Ioniq 5 Unveiled In India; Bookings Open
calender
Dec 21, 2022 04:52 AM
The Hyundai Ioniq 5 will be the second electric offering from Hyundai in India after the Kona electric and will be the first model to be introduced on the E-GMP Platform.