Tata Motors Passenger Vehicles Ltd reported a significant 31 percent increase in total sales for April, reaching 59,701 units compared to 45,562 units during the same period last year. The company’s domestic passenger vehicle sales reached 59,000 units, marking a 30.5 percent climb from the 45,199 units recorded in April of the previous year, according…
Toyota Motor Corporation is reportedly planning a significant expansion in India, with three new assembly plants slated for Maharashtra, aiming to dramatically boost its annual production capacity to 1 million units by the 2030s. This strategic move, unfolding in the coming years, underscores Toyota’s aggressive pivot towards strengthening its foothold in the rapidly growing Indian…
In the rapidly evolving landscape of electric vehicles (EVs), companies like Rivian have emerged as trailblazers, pushing the boundaries of sustainable transportation with their innovative designs and commitment to adventure. From its inception, Rivian set out to challenge the status quo, not just with electric trucks and SUVs, but with a holistic vision for outdoor-centric…
The government is set to launch a significant strategic reserve of critical minerals, a move designed to bolster national security and economic stability for key industries like electric mobility, energy storage, and electronics manufacturing. This initiative, announced recently and slated for implementation over the coming months, aims to mitigate risks associated with the increasing reliance…
Electric vehicle (EV) sales in India are facing potential headwinds as four major states—Maharashtra, Uttar Pradesh, Rajasthan, and Tamil Nadu—have exhausted their direct purchase incentives. These states collectively account for over a third of the nation’s EV demand, and the discontinuation of subsidies is expected to increase upfront costs for consumers, potentially slowing the industry’s…
