The move aims to overcome logistical challenges that limited the delivery of approximately 4,700 units last year.
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INDUSTRY NEWSLatest News
JSW receives CCI nod for 38% acquisition of MG Motor India
by Biplab Dasby Biplab DasThis move aligns with JSW Group’s strategic vision, positioning itself as a key player in the dynamic Indian electric vehicle (EV) market.
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The 2025 Chevrolet Equinox family SUV boasts a slew of incremental updates and enhancements over its predecessor and is set to hit the market in …
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INDUSTRY NEWSLatest News
Biden courts auto workers amidst endorsement speculation for 2024 election
by Biplab Dasby Biplab DasBiden’s engagement with auto workers reflects an effort to solidify backing in battleground states, particularly Michigan.
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INDUSTRY NEWSLatest News
China labels EU’s electric vehicle subsidy probe as “unfair”
by Biplab Dasby Biplab DasThis development comes as tensions between China and the EU intensifies, partly influenced by Beijing’s closer ties with Moscow post-Russia’s invasion of Ukraine.
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INDUSTRY NEWSLatest News
Stellantis urges Italian government support amidst production slowdown
by Biplab Dasby Biplab DasStellantis has been engaged in discussions with the Italian government since last summer regarding a long-term plan for the automotive industry.
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INDUSTRY NEWSLatest News
JSW Group to invest INR 400 bn in EV projects in India
by Biplab Dasby Biplab DasThe ambitious investment is poised to intensify the competition among domestic and international contenders eyeing a slice of India’s growing EV pie.
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INDUSTRY NEWSLatest News
Arrival faces potential insolvency amid financial struggles
by Biplab Dasby Biplab DasArrival has initiated discussions with accounting firm EY, exploring the option of them stepping in as administrators if the company fails to secure essential rescue …
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INDUSTRY NEWSLatest News
China’s automotive landscape sees surge in foreign carmakers boosting exports
by Biplab Dasby Biplab DasThe surge is attributed to the prowess of domestic players, including Chery, SAIC, Geely, and BYD, which have propelled China to the forefront of the …
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INDUSTRY NEWSLatest News
Zac Hollis joins VinFast for strategic role in India’s EV expansion
by Biplab Dasby Biplab DasThe move comes amid VinFast’s ambitious USD 2 billion rollout plan for its India operations.