Mahindra is so confident about the XEV9s and its ‘conventional’ design and tech appeal that it’s doubling production at its Chakan EV plant to 8,000 vehicles a month.
Ashish Gupta, Brand Director for Skoda India, said while performance cars like the Octavia RS are not too cheap, ‘car buyers who know and love their cars find them to be far better bang for the buck’.
India might not yet offset BMW’s losses in China, but Munich knows its future lies here. And the 2 Series Gran Coupe shows they know what they’re doing.
In China, the world’s largest EV market, various Chinese carmakers, including BYD, are offering an improved line-up of hybrids, particularly plug-in hybrid electric vehicles.
The state-of-the-art facility, spanning an impressive 100,000 square feet, marks a significant milestone for KHT Motors, reinforcing its leadership position in the automotive retail space.
Scrapping & recycling will help reduce component costs by 30-40%, says Union minister. This, he adds, will help reduce steel imports by 65 lakh tonnes & create 35,000 more jobs.
Sawhney Automobiles, registered under Resourceful Automobile, went in for a modest IPO of Rs 12 crore, but instead received bids 400 times that amount, totalling Rs 4800 crore by the time the issue closed.
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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