Automobile

[ad_1] Back in 2018 as Tesla chief Elon Musk took over the direct oversight of his best-selling Model 3’s production, he summed up his emotions in a tweet that has proven to be almost prophetic today. “I’m back to sleeping...

[ad_1] Amidst the global transition towards EVs, and with its vision to achieve carbon neutrality by 2029, German luxury carmaker Mercedes-Benz has realigned its strategic focus on ICE powertrains along with electrification, as the latter is witnessing slower-than-expected adoption curve...

[ad_1] In a bid to tide over the cyclicality of medium and heavy truck business, Daimler India Commercial Vehicles (DICV), the Indian subsidiary of the world’s largest truck maker Daimler AG, is looking at diversifying its revenue base in India....

[ad_1] Eicher Motors-owned premium motorcycle maker Royal Enfield, gearing up for its electric vehicle debut, is building a dedicated commercial team to drive its electric vehicle business under a separate vertical.  “We are in the process of developing a very...

[ad_1] In the era of rapid technological advancement, the transportation landscape is undergoing a profound transformation with the rise of Electric Vehicles (EVs). Unlike traditional internal combustion engine vehicles, EVs represent a fusion of hardware and software, where the latter...

[ad_1] Sterling Tools Ltd. today said it is segregating the role of managing director and chairman to focus more on electric vehicles and other green technology verticals. Atul Aggarwal is the new managing director, while the current Chairman and Managing...

[ad_1] Tata Motors is on a roll. The company, which announced its FY2024 results on May 10, 2024, has reported record financial numbers for last fiscal. The manufacturer of passenger and commercial vehicles registered its highest-ever revenues (Rs 437.9K crore)...

[ad_1] Amid growing competition from global players like Harley-Davidson and Triumph, Eicher Motors-owned Royal Enfield is looking to outpace the premium two-wheeler industry growth, with a target to grow at double the pace of the industry in the long term....

[ad_1] Eicher Motors Ltd today reported its highest-ever revenues and profits for the fourth quarter of 2023-24 and the full financial year 2024. The company’s net profit rose 18 percent in the quarter, while it grew at a much higher...