Category: Auto

Indian steel and energy company JSW Group is in early talks with Chinese automaker Leapmotor to obtain technology licenses to manufacture electric vehicles in India, people familiar with the matter said. Sources said that under the technology licensing agreement, JSW will use Leapmotor’s platform, the structural underpinnings of Leapmotor, to produce its own brand of…

Elon Musk withdrew a $1 billion (roughly Rs. 83,062 crore) loan from SpaceX, the 20-year-old rocket company run by the billionaire, around the same time he acquired Twitter (now known as X) for $44 billion (roughly Rs. 3,65,442 crore), The Wall Street Journal reported on Tuesday. The report quoted documents as saying that SpaceX approved…

India will formulate a new policy to attract electric vehicle (EV) manufacturers and encourage greater investment in the sector, the commerce minister said on Wednesday. Piyush Goyal’s comments come as US electric car maker Tesla is still in talks with the Narendra Modi government over the possibility of setting up a factory in India. Reuters…

The iPhone 15 series of smartphones launched on Tuesday with some noteworthy hardware upgrades compared to the company’s previous models. At the “Wonderlust” event, Apple announced a new feature that expands the functionality of the “Satellite SOS” feature launched on last year’s iPhone 14 series of smartphones. The service, called Satellite Roadside Assistance, lets iPhone…

Tata Motors, India’s largest electric carmaker, is testing its electric vehicles in some global markets and may consider launching them in those markets if the trials are successful, its general manager told Reuters. Shailesh Chandra said in an interview that testing is in the early stages and depending on the performance of the car, Tata…

Volkswagen’s Audi India unit on Friday said any potential cut in import duties on electric vehicles (EVs) would help the German carmaker better experiment with models and pricing in the world’s third-largest car market. “If the government can reduce tariffs in three to five years, we can experiment with which models make sense for India…

German luxury carmaker Mercedes-Benz India on Friday announced the expansion of its electric vehicle charging network to customers of other brands in a bid to accelerate the adoption of electric vehicles in the country. The carmaker also launched the high-end EQE 500 4MATIC electric SUV with an introductory price of Rs 13.9 crore (all ex-showrooms…

Tata Passenger Cars Electric Vehicles recently launched a new brand identity, TATA.ev, which the company has also integrated into the facelifted version of the Nexon EV. The company has incorporated “gadgetization” and digitalization into the new Nexon EV. technology shout had the opportunity to sit down with Vivek Srivatsa, Head of Marketing, Sales and Service…

Indian electric scooter maker Ather Energy will speed up the domestic launch of new models and test export markets, raising new funds to boost growth after the government reduces subsidies for the vehicles, its chief executive told Reuters. India’s e-scooter market is small but growing, with e-scooters accounting for 5% of total scooter and motorcycle…

India’s Ola Electric plans to submit regulatory documents for an IPO of up to $700 million (about Rs 5,815 crore) by the end of October, three people familiar with the matter said. The electric scooter maker is fast-tracking the listing process. Backed by investors including Singapore’s Temasek Holdings and Japan’s SoftBank, Ola Electric was valued…