The SUV segment’s healthy volume growth will steer an improvement in operating margin to 11.5%-12.5% next fiscal.
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Author: Deepika Agrawal
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BluSmart operates close to 6,000 EVs and has completed over 12 million all-electric trips, having covered 400 million all-electric kilometres.
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Under the partnership, Renault will pass on a margin of INR 4,000 to BLS E-Services on every sale made to walk-in customers.
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INDUSTRY NEWSLatest News
Half of Indian auto consumers intend to opt out of ICE to embrace alternate tech: Study
Consumer interest in electric vehicles continues to improve in Indian auto market but prefernce for hybrid technology remains stronger.
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The five-storey Barber Vintage Motorsports museum showcases classics from Harley-Davidson, Honda, and Indian — to Showa, DSK, and Cagiva.
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Mahindra will become the first external partner to use Volkswagen’s unified cell concept, which is the core element of its battery strategy.
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Kabira KM3000, KM4000 Mark-II electric motorcycles feature an aluminium core 12kW hub motor powertrain that has been developed in collaboration with Foxconn.
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Tata Nexon.ev range now starts at INR 14.49 lakh while the Tata Tiago.ev range now starts at INR 7.99 lakh.
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INDUSTRY NEWSLatest News
Volkswagen’s Super Bowl ad was the biggest scorer among carmakers this year
Volkswagen participated in the Super Bowl commercials spot this year after a hiatus of a decade.
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The Renault-Geely joint venture aims to rake in USD 16 billion in annual turnover and employ 19,000 people on 22 sites around the world.