The Drive Report: Toyota Land Cruiser LC300
Can the ultimate stealth-wealth purchase retain its appeal in a rapidly evolving luxury SUV landscape?
Jaguar Land Rover gets UK guarantee for £1.5 billion loan
The loan, to be provided by a commercial bank and guaranteed by UK Export Finance, will be repaid over five years, the government said on Saturday.
Ather founder Tarun Mehta on Life After IPO, big EV Bets and why he won't make batteries
What’s next for Ather Energy after its IPO? In this exclusive conversation at Ather Community Day, Co-founder & CEO Tarun Mehta spoke to Moneycontrol's Chandra R Srikanth about:
? Life after IPO – why it’s less stressful than being private
⚙️ Ather’s new EL01 platform & next-gen tech
? The rise of moto scooters in India
? GST cuts, EV demand, and why Ather isn’t chasing market share
? Rizta's dominance & what’s driving premiumization
? New plant in Aurangabad + 700-store expansion plans
? Shifting from heavy to light rare earth magnets
Tune in for a deep dive into India’s fast-evolving EV story.
TVS continues to maintain growth momentum
Robust demand from rural and international markets supports quarterly performance
India’s EV race with China depends on trains
Subsidies and more charging points in cities won’t be enough. Range anxiety must be addressed
December ’24 auto sales: PVs in fast lane; CVs, tractors pick up momentum
The encouraging numbers came on the back of continuing demand momentum in rural areas and a pick-up in infrastructure spends. Year-end discounts also helped
Ola Electric CMD Bhavish Aggarwal Lays Down Their Roadmap to Profitability & Future Outlook
Newly-listed Ola Electric has laid out a roadmap to profitability banking on higher volume, vertical integration of supply chain and in-house produced cells, while it has shelved plans to make electric car, as of now. Listen in to Founder and CMD Bhavish Aggarwal as he highlights the companies grand plans.
#olaelectric #bhavishaggarwal #olaelectric
Trump to consider Elon Musk for a cabinet position or in advisory role if elected
Donald Trump says he is open to offering Tesla CEO Elon Musk a cabinet job and has added he may do away with $7,500 tax credit for electric-vehicle purchases, a move that will hurt the EV maker. "Tax credits and tax incentives are not generally a very good thing," Trump said in an interview after a campaign event in Pennsylvania
#trump #elonmusk #usa #uspresidentialelection2024 #trumpnews
Toyota sales rise 44% in July to 31,656 units
The automaker had reported dispatch of 21,911 units in both domestic and exports in the same month last year.
In Budget 2024, catalysts introduced to augment growth for auto sector
India's auto sector has received a major boost from the government's recent policies which focus on encouraging local manufacturing and lessening regulatory constraints
Guidelines to boost EV charging infra notified, shows Eco Survey 23-24
The Guidelines and Standards on Charging Infrastructure will help firms looking to establish EV charging stations, the Economic Survey said
Suzuki sees India’s automobile market growing fivefold by 2047
First, the goal is for Maruti Suzuki India Ltd., the Japanese carmaker’s subsidiary, to grab 50% market share by 2030, from around 40% for the fiscal year through March. “We’re confident that the Indian market will expand in the mid to long term,” Ayukawa said in an interview.
Royal Enfield unveils Guerrilla 450 at Rs 2.39 lakh, take a look
The Guerrilla 450 roadster is built on the Sherpa 450 platform and combines a powerful engine, with a dynamic chassis and riding modes. Bookings have opened and retails sales will begin from August 1
Auto sales stay flat at 18.95 lakh in June, passenger car retail melts in heatwave, polls: FADA
The auto retail body's president had flagged his concern about the rising inventory levels of cars, which have reached an all-time high – ranging from 62 to 67 days.
Electric vehicle makers need to shorten design-to-market timeline
Homologation in India has become faster with new testing centres. Eventually, quick product introduction depends on the quality of manufacturing processes
Tata Motors' demerger of CV, PV businesses to secure synergies across biz verticals: Chairman N. Chandrasekaran
In his view, the initiative will lead each company to deliver a “superior experience” for customers, “better growth prospects” for employees and “enhanced value for shareholders
BMW Motorrad launches all-new BMW R 1300 GS in India
The introductory ex-showroom price of the all-new BMW R 1300 GS is Rs 20,95,000.
Hyundai Motor India recalls 1,744 units of Ioniq 5
The company is recalling the units manufactured between July 21, 2022 and April 30, 2024 to fix the part, data on the SIAM website said.
Tesla turns to Musk's small shareholder fans to back $56 billion payday
Small investors tend to favor management, but they often don't bother to vote, experts said
IPO-bound Ather Energy raises Rs 286 crore through venture debt, co-founders
The round also saw cofounders Tarun Mehta and Swapnil Jain invest close to $10 million.
Domestic PV sales set to exceed 5 million-mark; Tata Motors geared up to tap into growth opportunity
In a message to the company's shareholders in Annual Report for 2023-24, he noted that the company will focus on revenue growth and strong free cash flows across its businesses going ahead.
Jaguar Land Rover to produce the iconic Range Rover in India, prices to be cheaper by a fifth
Till now, the Range Rover models were only being manufactured in Tata Motors-owned JLR's UK plant and then exported world over.
Pune Porsche crash: Juvenile Justice Board Remands Minor Accused to Rehabilitation Centre Till June 5
The Juvenile Justice Board remanded the minor accused to a rehabilitation/observation home till June 5 and a parameter has been set regarding what needs to be done during these 15 days. His lawyer Prashant Patil, says that the JJB filed a review application and this application was moved to modify the bail order issued by the board on 19th May
MG Motor India signs pact with Vertelo to deliver 3,000 EVs
The partnership will focus on providing sustainable mobility solutions to riders and will also work towards establishing a robust EV charging infrastructure in the country, MG Motor India said in a statement.
