Budget 2024 Live updates

Finance Minister Nirmala Sitharaman is set to present the Interim Budget 2024-25 at Parliament, on 1 February, at 11 am at the Parliament. This will mark the last budget of the current government today. The full budget will be presented after the Lok Sabha elections by the newly elected government.  The budget is likely to… Continue reading Budget 2024 Live updates

Electric two-wheeler sales open 2024 on a strong note: over 81,000 units, up­­ 26%

Maintaining the strong growth trajectory witnessed in CY2023, electric two-wheeler manufacturers have sold a total of 81,343 units in January 2023, recording strong 26% year-on-year growth (January 2023: 64,694 units). This data is as per 5am on the Vahan website on February 1, 2024. Cumulative sales for the first 10 months on FY2024 at 723,982… Continue reading Electric two-wheeler sales open 2024 on a strong note: over 81,000 units, up­­ 26%

Electric two-wheeler sales open 2024 on a strong note: over 81,000 units, up­­ 26%

Maintaining the strong growth trajectory witnessed in CY2023, electric two-wheeler manufacturers have sold a total of 81,343 units in January 2023, recording strong 26% year-on-year growth (January 2023: 64,694 units). This data is as per 5am on the Vahan website on February 1, 2024. Cumulative sales for the first 10 months on FY2024 at 723,982… Continue reading Electric two-wheeler sales open 2024 on a strong note: over 81,000 units, up­­ 26%

83% of motorists want to ditch parking apps

More than four in five motorists dislike using car-parking apps, according to new research by Autocar. In a survey of 1387 UK-based motorists, 83% preferred to use cash or contactless card payments to park because they do not like having to download so many apps, worry about online fraud, or find that many of the… Continue reading 83% of motorists want to ditch parking apps

Tata Nexon tops 600,000 sales, contributes 29% to Tata Motors’ PV sales since launch

The game-changing Tata Nexon compact SUV has become the first model in Tata Motors’ seven-model ‘New Forever’ range of passenger vehicles to sell over 600,000 units in the domestic market. Launched on September 21, 2017, the Nexon has, till end-December 2023, clocked cumulative sales of 611,901 units in the domestic market. The 600,000-unit sales milestone… Continue reading Tata Nexon tops 600,000 sales, contributes 29% to Tata Motors’ PV sales since launch

Volkswagen sets up its own AI lab as car industry looks to embrace the tech

Volkswagen, like other car giants, are pushing heavily into AI to boost their technology credentials and make their cars smarter. Ismail Aslandag | Anadolu via Getty Images German automaker Volkswagen has established its own artificial intelligence lab, the company said Wednesday, reflecting growing ambitions from the car industry to adopt the buzzy technology. In a… Continue reading Volkswagen sets up its own AI lab as car industry looks to embrace the tech

China comes just shy of Japan as the world’s largest car exporter

LIANYUNGANG, CHINA – JANUARY 17, 2024 – A large number of cars are ready to be shipped for export at the port of Lianyungang, Jiangsu province, China, January 17, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing | Future Publishing | Getty Images BEIJING — China failed to replace Japan as… Continue reading China comes just shy of Japan as the world’s largest car exporter

Highlights of Tesla CEO Elon Musk’s court ruling: Mars, Frankenstein, a self-driving car pun

Elon Musk, chief executive officer of Tesla Inc., during a fireside discussion on artificial intelligence risks with Rishi Sunak, UK prime minister, not pictured, in London, UK, on Thursday, Nov. 2, 2023.  Tolga Akmen | Bloomberg | Getty Images The bombshell, 200-page Delaware court ruling Tuesday ordering Tesla to undo its massive $56 billion compensation… Continue reading Highlights of Tesla CEO Elon Musk’s court ruling: Mars, Frankenstein, a self-driving car pun

Elon Musk’s $56 billion Tesla compensation voided by judge, shares slide

Elon Musk, CEO of Tesla, speaks during the annual New York Times DealBook Summit in New York City on Nov. 29, 2023. Michael M. Santiago | Getty Images A Delaware judge on Tuesday voided the $56 billion pay package of Tesla CEO Elon Musk, ruling that the company’s board of directors failed to prove “that… Continue reading Elon Musk’s $56 billion Tesla compensation voided by judge, shares slide

India’s first grey2green hydrogen-powered e3w to start trials by September 2024

Electric three-wheeler maker Omega Seiki Mobility OSM’s French arm, Hydrogen Intelligence SA, intends to begin commercial trials of India’s first grey and green hydrogen-powered electric three-wheeler from September 2024 onwards. Commercial trials with domestic fleet operators will begin in Gujarat and Mumbai, Maharashtra and offer a range of 500 km on a single fill and establish… Continue reading India’s first grey2green hydrogen-powered e3w to start trials by September 2024