Posted inEmerging Market
Automakers report mixed U.S. sales results as hybrid vehicles drive market
US automakers see mixed Q2 sales as hybrids surge, driven by consumer demand for efficiency and a bridge to full electrification.
Posted inBusiness Insights
JFE Steel Finalizes Strategic ₹15,750 Crore Investment in JSW Steel Joint Venture
JFE Steel's ₹15,750 crore investment in JSW JFE Kalinga Steel is finalized, deepening their strategic partnership and boosting high-grade steel production.
Posted inBusiness Insights
Volkswagen Faces Labor Crisis as Works Council Rejects Sweeping Job Cut Proposals
The Escalating Conflict at VolkswagenVolkswagen's leadership is currently locked in a high-stakes standoff with labor unions in Germany after proposing the closure of at least three manufacturing plants and the…
Posted inEconomy
Delhi Government Unveils Aggressive EV Policy With Tax Waivers Up to ₹30 Lakh
Delhi Shifts Gears to Accelerate Electric Vehicle AdoptionThe Delhi government officially approved a comprehensive electric vehicle (EV) policy this week, granting substantial tax exemptions to buyers of electric cars priced…
Posted inEconomy
Delhi Government Unveils Aggressive EV Purchase Incentives to Accelerate Green Transit
Strategic Shifts in Delhi's Electric Mobility LandscapeThe Delhi state government has announced a comprehensive new electric vehicle (EV) policy aimed at accelerating the transition to sustainable transport by offering substantial…
Posted inMarket
Tata Motors Navigates Domestic Expansion Amidst JLR Performance Uncertainty
Charting a Dual-Track FutureTata Motors is aggressively accelerating its domestic passenger vehicle (PV) expansion strategy this quarter, aiming to solidify its market share in India even as the company faces…
Posted inEmerging Market
Lucid Group Announces 18% Workforce Reduction and Executive Departure
Lucid Group slashes 18% of its workforce and sees COO depart amid strategic restructuring to streamline operations and cut costs.
Posted inBusiness Insights
Tata AutoComp Accelerates EV Expansion Through Strategic Global Partnerships
Strategic Expansion into ElectrificationTata AutoComp Systems, a leading automotive component manufacturer under the Tata Group, has officially launched an aggressive expansion strategy aimed at capturing a larger share of the…
Posted inEmerging Market
Slate Auto Targets Profitability with $24,950 Electric Truck
EV startup Slate Auto, led by CEO Peter Faricy, announced this week that the company expects its upcoming $24,950 electric truck to be gross margin positive upon launch. Speaking to…
Posted inBusiness Insights
Vedanta’s Navin Agarwal Diversifies into Rare Earth Magnets with Major Personal Investment
Navin Agarwal, the executive vice-chairman of mining conglomerate Vedanta, has committed a personal investment of ₹1,250 crore to establish a specialized manufacturing firm focused on the production of rare earth…
