Bengaluru: The Indian automotive sector, which contributes approximately 7 per cent to the country’s GDP, is likely to see 70 percent workforce expansion in the second half of FY25, a report showed on Thursday. The automotive sector is experiencing a net employment change of 8.5 percent, with hiring momentum fuelled by growing consumer interest in … Read more
Last Updated:January 30, 2025, 17:25 IST Apart from launching these zero-emission buses, the collaboration will also focus on setting up a dedicated EV charging infrastructure to support FlixBus’s routes. The companies have also planned a long-term strategy to expand electric mobility solutions across the country. FlixBus and ETO Motors have partnered to boost India’s electric … Read more
Rising demand for premium passenger vehicles is leading automakers to sharpen their focus on this segment with fresh offerings especially in the fast-emerging electric vehicle space.Sales of utility vehicles priced at ₹30 lakh to ₹60 lakh grew 12% from a year earlier in the first nine months of FY25 outpacing the broader passenger vehicle market … Read more
New Delhi: Honda Motor Company has announced that for the current fiscal year ending March 31, its global motorcycle unit sales are expected to reach 20.2 million units, which is approximately a 40 per cent share of its global sales. The Asian market, including India, Indonesia, Thailand and Vietnam, accounts for 85 per cent of … Read more
Last Updated:January 29, 2025, 14:35 IST The pre-orders have come from existing fleet operators, and Gensol expects strong demand for both the compact EV and its last-mile delivery variant. One key feature is the EV’s ‘reverse trike structure,’ which improves manoeuvrability in tight spaces and helps with parking. (Photo: Manufacturing Today India) Gensol Engineering has … Read more
In a 16th September 2016 CNBC interview, Hollywood actor Morgan Freeman disclosed that he owns Tesla (NASDAQ:TSLA) stock. “I’m a huge fan of Elon Musk. He’s got the most incredibly forward-thinking ideas about where we can go technologically,” the Shawshank Redemption star had said. The Tesla stock closed at £10.85 ($13.52) when the interview aired … Read more
President Donald Trump has reiterated his desire to buy Greenland, and refused to rule out using military or economic coercion to achieve his goal of controlling the autonomous territory of Denmark. . However, the United States isn’t the only country with an eye on the region. In 2018, a Chinese state-owned company bid roughly $550 … Read more
The Indian automobile industry is witnessing a remarkable transformation, with electric vehicles (EVs), flex-fuel models, and CNG-powered vehicles taking center stage in recent launches.A report by Phillip Capital highlights that these alternative fuel vehicles are rapidly reshaping both passenger and two-wheeler segments, signaling a major shift in consumer and industry preferences. The report also stated … Read more
By ALEXA ST. JOHN DETROIT (AP) — While President Donald Trump took aim at the electric vehicle industry this week, there is still optimism about the industry’s future in Michigan, a state retooling from America’s most recognizable auto hub to its number one destination for electric vehicle investment. More than $27 billion is being poured … Read more
Last Updated:January 21, 2025, 17:08 IST The Simple One, Ola S1 Pro, and Bajaj Chetak 35 Series are leading the way in 2025 with impressive range and innovative features, making daily commuting greener and smarter. Ola S1 Pro. The year 2024 has seen electric two-wheelers gain massive popularity, … Read more
