EV sales see 1.8 percent drop despite festival season consumer push; ICE sales fare better with 18 percent increase

Despite strong consumer demand during the ten-day Ganesh Chaturthi festive period, where retail sales of ICE two-wheelers increased by 18.8 percent, retail sales of electric two wheelers (e2w) decreased by 1.8 percent. E2w registrations were down from 62,683 units in August to 61,576 units in September 2023, as per the data seen from the government’s… Continue reading EV sales see 1.8 percent drop despite festival season consumer push; ICE sales fare better with 18 percent increase

EV sales see 1.8 percent drop despite festival season consumer push; ICE sales fare better with 18 percent increase

Despite strong consumer demand during the ten-day Ganesh Chaturthi festive period, where retail sales of ICE two-wheelers increased by 18.8 percent, retail sales of electric two wheelers (e2w) decreased by 1.8 percent. E2w registrations were down from 62,683 units in August to 61,576 units in September 2023, as per the data seen from the government’s… Continue reading EV sales see 1.8 percent drop despite festival season consumer push; ICE sales fare better with 18 percent increase

How the Elon Musk biography exposes Walter Isaacson

/ One way to keep Musk’s myth intact is simply not to check things out. By Elizabeth Lopatto, a reporter who writes about tech, money, and human behavior. She joined The Verge in 2014 as science editor. Previously, she was a reporter at Bloomberg. Share this story The limits of myth-making are apparent in Walter… Continue reading How the Elon Musk biography exposes Walter Isaacson

Mahindra sells 41,267 SUVs in September, registers 29% uptick in H1 FY24

Homegrown automaker Mahindra & Mahindra (M&M) has clocked total UV sales of 41,267 units in September, registering a 20 percent year-on-year (YoY) uptick compared to 34,262 units despatched in the same month last year. The company says the September numbers are its best-ever and have been on a consistent rise for last three months in… Continue reading Mahindra sells 41,267 SUVs in September, registers 29% uptick in H1 FY24

Hyundai Motor India posts record September sales, aims for market outperformance in 2023

As the Indian market continues to scale to a new peak, Hyundai Motor India, the South Korean car maker is riding the wave with its new range of SUVs which has helped the company post its highest ever monthly sales of 71641 units. This is a growth of 13 percent over total sales (domestic plus… Continue reading Hyundai Motor India posts record September sales, aims for market outperformance in 2023

Toyota Kirloskar posts highest monthly sales for September at 23, 590 units, grows by over 50%

Toyota Kirloskar, the maker of Innova and Fortuner has posted its highest ever monthly sales performance for September 2023 dispatching 23,590 units both for exports and domestic market. The company posted a year on year growth of 53 percent for September 2023. The domestic sales of 22,168 was a shade below its highest ever monthly… Continue reading Toyota Kirloskar posts highest monthly sales for September at 23, 590 units, grows by over 50%

MG Motor retails 5,003 units in September 2023, grows by 31 percent

MG Motor India has posted a retail sales of 5,003 units for the month of September registering a growth of 31 percent over sales of September 2022. This is also about 20-25 per cent higher than the retails in August of 2023, The company owned by China’s largest car maker SAIC says the sales of… Continue reading MG Motor retails 5,003 units in September 2023, grows by 31 percent

Plan to introduce e-summon system for road rule violators

As per the current procedure, e-challans and prosecution reports against vehicles are sent to courts in the capital and in other places after the offenders fail to deposit fines within a stipulated time. The state government is planning to introduce a e-summon system to do away with the manual practice by courts to despatch summons… Continue reading Plan to introduce e-summon system for road rule violators

Korea Zinc expands nickel production to meet US battery demand

What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well… Continue reading Korea Zinc expands nickel production to meet US battery demand