Cygni Energy has inaugurated a 4.8GWh battery energy storage system gigafactory in Hyderabad, with plans to expand to 10.8 GWh by 2027. This Rs 250 crore project aims to create ove...
Volkswagen Group reports a 2.8% increase in Q1 2025 revenue to €77.6B, with a rise in vehicle sales and deliveries. Despite a drop in production and operating profit, electrificati...
Volkswagen Group reports a 2.8% increase in Q1 2025 revenue to €77.6B, with vehicle sales up by 0.9%. Despite a 36.9% drop in operating profit due to special effects and higher cos...
Volkswagen Group reports a 2.8% revenue increase to €77.6B in Q1 2025, with vehicle sales up 0.9% but production down 3.2%. Operating profit fell 36.9%, with an operating margin of...
Volkswagen Group reports a 2.8% revenue increase to €77.6B in Q1 2025, despite a 36.9% plunge in operating profit. Vehicle sales rose slightly, but production declined. The company...
Volkswagen Group reports a 2.8% revenue increase to €77.6B in Q1 2025, despite a 36.9% plunge in operating profit. Vehicle sales rose slightly, but production fell. The company eye...
Volkswagen Group reports a 2.8% increase in Q1 revenue to €77.6B, with vehicle sales up slightly but production down. Operating profit fell sharply due to special effects and highe...
Porsche AG reports a 44% drop in Q1 profit after tax to €518M, with sales revenue falling 2% to €8.86B. Despite a 7.9% decrease in vehicle deliveries, BEV share jumps to 25.9%. The...
Tesla is processing refunds for early Model 3 bookings in India and has leased office space in Mumbai, signaling its imminent entry into the Indian market. Elon Musk's planned visi...
VinFast, the Vietnamese electric vehicle manufacturer, announces plans to open car assembly plants in India and Indonesia, shifting focus from the U.S. to Asian markets amidst oper...
Volkswagen Group CEO Oliver Blume announces production adjustments in China due to intense market competition and the rise of local brands, mirroring past strategies in Germany wit...
Volkswagen Group CEO Oliver Blume announces production adjustments in China due to intense market competition, drawing lessons from Germany's restructuring. The company also introd...
Volkswagen Group CEO Oliver Blume announces production adjustments in China due to intense market competition, drawing parallels to past restructuring in Germany. The company also ...
Volkswagen Group CEO Oliver Blume announces production adjustments in China due to competitive pressures, drawing parallels to recent cuts in Germany. The company also unveiled new...
Volkswagen Group CEO Oliver Blume announces production adjustments in China due to intense competition, following a similar strategy to Germany's restructuring. The company also in...
Volkswagen Group CEO Oliver Blume announces production adjustments in China due to intense market competition, following a similar strategy to Germany's 2024 cuts. Despite leading ...
Tesla sees India as a key market but faces challenges due to high tariffs. The company is negotiating with Indian authorities and making progress towards entry, despite local resis...
Ather Energy, an electric two-wheeler maker, has reduced its IPO size by 15% ahead of listing, indicating a cautious approach in the current market. The move reflects broader senti...
Ather Energy, the electric two-wheeler maker, has trimmed its IPO size, reducing the primary offer by 15% and halving the secondary sale component. The move reflects a strategic ad...
Mercedes-Benz Group AG introduces the Vision V, an all-electric luxury limousine, alongside the Van Electric Architecture (VAN.EA) platform, signaling a new era for luxury and prac...
India's automotive sector growth is slowed by insufficient R&D investment, limiting competitiveness in EVs and smart mobility. A NITI Aayog report calls for increased spending and ...
Lucid Group, Inc. is expanding its operations in Arizona by acquiring Nikola Corporation's former facilities, adding over 884,000 square feet to its footprint and planning to hire ...
Tesla Inc. has unexpectedly suspended the order options for its Model X and Model S vehicles in China, without providing an official explanation, leading to speculation about the r...
The European Union and China are exploring the removal of import duties on Chinese electric vehicles, a move influenced by global trade tensions and the potential benefits of unres...
BMW's global sales fell by 1.4% in Q1 2025, but electric vehicle sales soared by 32.4%, especially in Europe. Regional sales varied, with growth in Europe and the US but a decline ...
General Motors will stop producing the Cadillac XT6 in Tennessee by 2025 to focus on electric vehicles, while extending the XT5 production due to strong demand, as part of its shif...
General Motors is set to stop producing the gasoline Cadillac XT6 in Tennessee by 2025, focusing on electric vehicles, while extending the XT5 crossover's production due to strong ...
Daimler Truck AG reports an 8% decline in Q1 2025 global deliveries, with notable drops in Mercedes-Benz Trucks and North America units, while Asia and Buses segments show growth.
Daimler Truck AG reports an 8% drop in Q1 2025 global sales, with significant declines in Mercedes-Benz Trucks and North America, but gains in Asia and buses.
Daimler Truck AG reports an 8% decline in global Q1 2025 sales, with notable drops in Mercedes-Benz Trucks and North America units, while Asia and Buses segments show growth.
Daimler Truck AG reports an 8% decline in Q1 2025 global sales, with notable decreases in North America and Mercedes-Benz Trucks, while Asia and buses show growth. Electric vehicle...
Daimler Truck AG reports an 8% drop in Q1 2025 global deliveries, with electric vehicle sales declining by 7%. Regional performances vary, with Asia and Buses showing growth.
