Auto Industry Reviews
Tarun Mehta Says 'Stupid Market' On Ather Energy's Valuations
Ather Energy Co-founder & CEO Tarun Mehta used strong words on social media, in response to a query about his company's market valuation compared to Ola Electric.
Zoho CEO Buys Mahindra Treo e-Auto; Suggests Some Improvements To Anand Mahindra
Dec 6, 2021 07:24 PM
In a series of tweets, Zoho CEO Sridhar Vembu praised the Mahindra Treo electric three-wheeler and suggested a few improvements to Anand Mahindra.
Oil Ends Higher After A Day Of Wild Swings On OPEC, Omicron
Dec 5, 2021 11:12 PM
The market sold off dramatically after the Organization of the Petroleum Exporting Countries and its allies known as OPEC+ issued a bit of a surprise by sticking to plans to boost output monthly by 400,000 barrels per day.
OPEC+ Agrees On Planned January Oil Output Rise, Sources Say
Dec 5, 2021 11:08 PM
OPEC+ has agreed to go ahead with its planned January oil output rise of 400,000 barrels per day.
Oil Steadies, Paring Gains As Rising COVID Cases Spur Demand Worries
Dec 5, 2021 10:55 PM
Oil prices climbed more than $2 a barrel after producer group OPEC+ said it could review its policy to hike output at short notice if a rising number of pandemic lockdowns chokes off demand.
ARAI Developing Fast Chargers For Electric Vehicles, Says Heavy Industries Minister
Dec 5, 2021 10:17 PM
Union Minister of Heavy Industries Mahendra Nath Pandey said that the Automotive research and development body is developing fast chargers for EVs to address the issue of charging infrastructure, and will boost demand for battery-driven vehicles.
USTR Backs Efforts To Strengthen U.S. EV Industry Despite Objections
Dec 5, 2021 09:50 PM
The proposed $12,500 electric vehicle tax credit would include $4,500 for EVs built in the United States by union workers, effective after 2027.
India's Biggest Car Dealer Popular Plans $100 Million Listing: Report
Dec 5, 2021 08:17 PM
Papers filed in August with India's markets regulator seeking approval for its listing show the dealer plans to raise $20 million by issuing new shares.
Ford Aims To Be World's Second Largest Electric Vehicle Maker Within Two Years: COO
Dec 5, 2021 08:08 PM
Ford's optimism stems from increasing demand for its next new EV, the Ford F-150 Lightning pickup, with retail reservations approaching 200,000, said Lisa Drake, chief operating officer of Ford North America.