Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.
According to experts, fresh demand & healthy stocks at dealerships now driving up sales. This year, industry expects to sell over one million units — its highest in festival season.
Industry body Society of Indian Automobile Manufacturers says 'it sees no reason why' entry-level car segment — which has shrunk due to rising prices — will not see 'sudden' revival in demand.
The top-end vehicles segment of the German carmaker saw the highest growth of 69% in 2022 when the company sold over 3,500 cars priced above Rs 1 crore.
The auto industry expects 2023 to see sales grow by up to 7.5% for passenger vehicles over the levels seen in 2022, which itself was a record high for the segment.
What if there's an accident and there's no driver involved? Self-driving car safety standards are instituted in a patchwork fashion with little consensus.
Tamil Nadu govt is holding talks with the US automaker to explore if its factory there can be converted to a plant manufacturing and exporting electric vehicles, ET reported.
Bajaj was known not only for his boldness, but also his business acumen. His domestically manufactured Chetak Scooter became a household staple for the middle class in the 1970s.
While we roll our eyes at the lyrical disaster of Ghafoor, the beat drops, and suddenly we are nodding our heads like we have discovered the anthem of the season.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
While the IAF remains committed to the Tejas programme and has placed orders for 180 Tejas Mk1A, the force is eagerly waiting for the Tejas Mk 2 version.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
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