Electric car and SUV sales in India rise 22% to 6,577 units in April

Taking off from where they left in FY2024, which was a record fiscal with 90,335 units and 90% year-on-year growth, India Electric Passenger Vehicle Inc has opened FY2025 on a decent note. As per Vahan data (as of May 1, 2024), this segment witnessed retail sales of 6,577 electric cars and SUVs in April 2024,… Continue reading Electric car and SUV sales in India rise 22% to 6,577 units in April

Electric car and SUV sales in India rise 22% to 6,577 units in April

Taking off from where they left in FY2024, which was a record fiscal with 90,335 units and 90% year-on-year growth, India Electric Passenger Vehicle Inc has opened FY2025 on a decent note. As per Vahan data (as of May 1, 2024), this segment witnessed retail sales of 6,577 electric cars and SUVs in April 2024,… Continue reading Electric car and SUV sales in India rise 22% to 6,577 units in April

Tesla Fires Charger Team Amid Hundreds of Layoffs

Elon Musk has gutted the part of Tesla responsible for building electric vehicle charging stations, sowing uncertainty about the future of the largest and most reliable U.S. charging network. The layoffs of about 500 Tesla employees, which many of them posted about on social media on Tuesday, raised questions about deals that Mr. Musk, Tesla’s… Continue reading Tesla Fires Charger Team Amid Hundreds of Layoffs

Jeep maker Stellantis down 10% on sharp fall in revenue as it prepares for slew of new models

Attendees view vehicles at the Jeep booth during opening day of the 2023 New York International Auto Show (NYIAS) in New York, on Wednesday, April 7, 2023. Stephanie Keith | Bloomberg | Getty Images Global automaker Stellantis on Tuesday reported a 12% decline in revenue in the first quarter, citing lower sales and foreign exchange effects,… Continue reading Jeep maker Stellantis down 10% on sharp fall in revenue as it prepares for slew of new models

Piaggio offers first battery subscription model for electric three-wheelers

Piaggio Vehicles, a subsidiary of the Piaggio Group, has outlined an ambitious plan to offer a ‘Battery Subscription’ model for its Apé Elektrik electric three wheelers. The move will see prices of its electric three-wheelers begin at Rs 2.59 lakh as compared to fixed battery electric three-wheelers, which start around Rs 4 lakh. Diego Graffi,… Continue reading Piaggio offers first battery subscription model for electric three-wheelers

Piaggio offers first battery subscription model for electric three-wheelers

Piaggio Vehicles, a subsidiary of the Piaggio Group, has outlined an ambitious plan to offer a ‘Battery Subscription’ model for its Apé Elektrik electric three wheelers. The move will see prices of its electric three-wheelers begin at Rs 2.59 lakh as compared to fixed battery electric three-wheelers, which start around Rs 4 lakh. Diego Graffi,… Continue reading Piaggio offers first battery subscription model for electric three-wheelers

Piaggio offers first battery subscription model for electric three-wheelers

Piaggio Vehicles, a subsidiary of the Piaggio Group, has outlined an ambitious plan to offer a ‘Battery Subscription’ model for its Apé Elektrik electric three wheelers. The move will see prices of its electric three-wheelers begin at Rs 2.59 lakh as compared to fixed battery electric three-wheelers, which start around Rs 4 lakh. Diego Graffi,… Continue reading Piaggio offers first battery subscription model for electric three-wheelers

Embracing a Safer Tomorrow: The Revolution of Automotive Safety

For the automotive industry safety is a 365x7x24 commitment that the world celebrates as Road Safety week. This commitment has come a long way and continues to progress. From the early days when seat belts were considered an optional luxury to today’s vehicles equipped with advanced driver-assistance safety features, the dedication to safety has undergone… Continue reading Embracing a Safer Tomorrow: The Revolution of Automotive Safety

Sona Comstar sets up new merger & acquisition committee

At a time when companies are actively scouting for strategic partners or collaborations to capitalize on the rapidly evolving India’s automotive landscape, the board of auto component major Sona BLW Precision Forgings (Sona Comstar) has constituted a new Merger & Acquisition committee.  The exact purpose of setting up such a committee right now is unclear.… Continue reading Sona Comstar sets up new merger & acquisition committee

Audi Q6 E-tron range tops out with hot £93k SQ6

The new Audi Q6 E-tron has been priced from £59,975 in the UK, with the sportier Audi SQ6 variant starting at £93,950.  Available to order now, the electric SUV has been described by Audi boss Gernot Döllner as a “technological leap”, ushering in a new, high-tech platform.  Including the SQ6, there are no fewer than 10… Continue reading Audi Q6 E-tron range tops out with hot £93k SQ6