In a significant development within the e-scooter rental landscape, Tier Mobility and Dott have announced their merger, marking a strategic move to become the largest …
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Author: Biplab Das
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INDUSTRY NEWSLatest News
Tesla unveils refreshed Model 3 in North America amidst global demand
by Biplab Dasby Biplab DasIn a strategic move to invigorate its product lineup, Tesla has launched the redesigned version of its popular Model 3 compact sedan in North America. …
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INDUSTRY NEWSLatest News
Global EV sales grow by 31% in 2023, reflecting market maturity
by Biplab Dasby Biplab DasMarket research firm Rho Motion reveals that global sales of fully electric and plug-in hybrid vehicles (PHEVs) exhibited a 31% increase in 2023, signaling a …
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INDUSTRY NEWSLatest News
The shift to software-defined vehicles: a race among automakers
by Biplab Dasby Biplab DasAs the automotive landscape evolves, artificial intelligence (AI) is emerging as the new driving force for car buyers. Established automakers are intensifying efforts to keep …
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INDUSTRY NEWSLatest News
India mulls tax cut on hybrids for cleaner energy transition
by Biplab Dasby Biplab DasIndia’s trade department is reportedly considering a reduction in taxes on hybrid vehicles to facilitate a shift towards cleaner energy sources. The proposal comes in …
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INDUSTRY NEWSLatest News
Maruti Suzuki’s USD 4.2 bn Gujarat expansion: new plant and production line plans
by Biplab Dasby Biplab DasIndia’s leading automaker, Maruti Suzuki, is set to make substantial investments totaling £4.2 billion in Gujarat. The plans include the establishment of a second car …
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INDUSTRY NEWSLatest News
Kia India appoints Gwanggu Lee as new MD and CEO
by Biplab Dasby Biplab DasGwanggu Lee steps into the role as the 3rd Managing Director and CEO of Kia India, succeeding Kook Hyun Shim and the retiring Tae Jin …
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INDUSTRY NEWSLatest News
Oil prices set for 2023 year-end slump despite late surge
by Biplab Dasby Biplab DasThe year’s final trading day saw oil prices rebounding after a 3% dip, triggered by heightened tensions in the Red Sea.
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INDUSTRY NEWSLatest News
VinFast’s strategic partnership with Leith drives US market push
by Biplab Dasby Biplab DasThe partnership gains significance as North Carolina hosts VinFast’s upcoming USD 4 billion manufacturing plant, set to commence operations in 2026.
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INDUSTRY NEWSLatest News
India courts global investors for ambitious electric vehicle policy
by Biplab Dasby Biplab DasThe move aligns with India’s broader strategy to position itself as a key player in the global electric vehicle market.