This surge comes ahead of rising import tariffs aimed at safeguarding local production and promoting domestic industry growth.
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INDUSTRY NEWSLatest News
Ford adjusts EV launch plans amid global slowdown
by Biplab Dasby Biplab DasThis decision comes as the global slowdown in EV demand prompts automakers to reassess their production strategies.
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BMW India has started accepting bookings for the i5 M60 xDrive ahead of its launch. The new i5 will go on sale soon along with …
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INDUSTRY NEWSLatest News
Chery ventures into Vietnamese EV market with USD 800 mn plant
by Biplab Dasby Biplab DasThis development marks Chery as the first Chinese electric vehicle (EV) manufacturer to venture into Vietnam’s automotive industry.
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Mercedes-AMG has announced an exclusive CLA 45 S Edition 1 for US buyers limited to just 25 units. The limited edition model will soon hit …
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INDUSTRY NEWSLatest News
Stellantis CEO urges 50 per cent reduction in EV battery weight for environmental impact
by Biplab Dasby Biplab DasTavares made these remarks during the Stellantis Freedom of Mobility Forum, shedding light on the challenges and opportunities in the pursuit of sustainable mobility.
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Workers at the Mercedes-Benz plant in Alabama are reportedly gearing up to file for a union vote in the coming days.
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INDUSTRY NEWSLatest News
IKEA Foundation boosts Global Drive Electric Campaign
by Biplab Dasby Biplab DasThis funding injection targets on the push of EVs adoption in developing countries so that EVs can bypass the gasoline-driven vehicles.
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INDUSTRY NEWSLatest News
GM reports decline in U.S. vehicle sales amidst industry turbulence
by Biplab Dasby Biplab DasGM’s sales downturn was mostly due to declining deliveries mainly to commercial customers especially the fleet sales to customers like car rental business.
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INDUSTRY NEWSLatest News
Tesla faces quarterly decline amidst growing competition
by Biplab Dasby Biplab DasThe company’s results underwhelm Wall Street expectations resulting in sharp fall of its stock value and casting a shadow of doubt on its future outlook.