The Hongguang Mini is the brainchild of SAIC-GM-Wuling Automobile Co., a joint venture between two Chinese state-backed automakers, and American automotive giant General Motors Co.
CEO Elon Musk had all but confirmed Tesla would enter India in January after months of speculation. Now, the electric vehicles maker is recruiting for its sales, marketing & HR depts.
Vikram Handa set up India’s first manufacturer of lithium-ion battery parts Epsilon Advanced Materials Pvt in August, sourcing raw material from the country's largest steel mill.
An essential element of the climate potential of electric vehicles is that they’re eventually able to switch to lower-carbon fuels — a slow process in India and China.
A bill to ban private cryptocurrency will soon be sent for cabinet approval. However, it will also enable the issuance of a digital currency by the RBI.
India still hasn’t rolled out the welcome mat for EVs, unlike China, where Tesla set up its first factory outside of the US and now dominates electric-car sales.
Tesla shares have surged eightfold this year and Musk’s net worth has soared by $132.2 billion to $159.7 billion, making him the world’s second-richest person.
Automakers are finding the cost of electric vehicle tough to digest, especially after Covid. Hybrids are one compliance solution, if not necessarily the technology transition.
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.
A common thread runs through the memories of soldiers of the 1965 war—ingenuity, courage and camaraderie that withstood an apparently technologically superior foe.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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