Ola Electric Mobility shares fell more than 7% on June 3 after a block deal worth Rs 731 crore was executed in early trading. The transaction involved 14.22 crore shares, representing a 3.23% stake in the electric vehicle manufacturer. Market sources suggest Hyundai Motor Company was the likely seller in the transaction, which led to… Continue reading Ola Electric Shares Drop 7% Following Major Block Deal Transaction
Tag: Hyundai
Ola Electric Shares Drop 7% Following Major Block Deal Transaction
Ola Electric Mobility shares fell more than 7% on June 3 after a block deal worth Rs 731 crore was executed in early trading. The transaction involved 14.22 crore shares, representing a 3.23% stake in the electric vehicle manufacturer. Market sources suggest Hyundai Motor Company was the likely seller in the transaction, which led to… Continue reading Ola Electric Shares Drop 7% Following Major Block Deal Transaction
Safran Federal Systems announces the launch of the BroadSim Genesis at ION JNC 2025
CINCINNATI, June 2, 2025 /PRNewswire/ — Safran Federal Systems is proud to announce the launch of BroadSim Genesis, the latest evolution in its trusted BroadSim product line, at the Institute of Navigation’s 2025 Joint Navigation Conference (JNC) in the Greater Cincinnati Area. Continue Reading BroadSim Genesis provides high-fidelity, threat-based environments for next-gen PNT resiliency support. Post this Safran Federal Systems… Continue reading Safran Federal Systems announces the launch of the BroadSim Genesis at ION JNC 2025
Hyundai America Technical Center Donates Nearly $40,000 to Support Revitalization of Dixboro Historic School House
SUPERIOR TOWNSHIP, Mich., June 2, 2025 /PRNewswire/ — Hyundai America Technical Center, Inc. (HATCI) has announced a donation of $39,500 to Superior Charter Township. This contribution will support the revitalization of the Dixboro Historic School House, a beloved community landmark in Dixboro, Michigan. The announcement was made on Friday, May 30, during the Dixboro Market Day… Continue reading Hyundai America Technical Center Donates Nearly $40,000 to Support Revitalization of Dixboro Historic School House
May 2025 auto dispatches: PVs remain tepid, two-wheelers hold steady
Maruti Suzuki, reported a 6 per cent year-on-year decline in domestic dispatches, attributing the drop to its decision to “calibrate supplies to dealers” amid challenging market conditions. New Delhi: Automobile dispatches to dealers in May 2025, the second month of the current financial year, painted a mixed picture. While passenger vehicles faced challenges due to… Continue reading May 2025 auto dispatches: PVs remain tepid, two-wheelers hold steady
Tesla Not Interested in Manufacturing in India: Heavy Industries Minister Kummaraswamy
As the government rolled out the much-awaited guidelines of the scheme to promote the manufacturing of electric cars in India, Minister of Heavy Industries H.D. Kummaraswamy said Tesla is not interested in manufacturing cars in India at the moment. “We are not actually expecting from them [Tesla]. They are planning to start with showrooms. They… Continue reading Tesla Not Interested in Manufacturing in India: Heavy Industries Minister Kummaraswamy
Mercedes-Benz, Volkswagen, Hyundai, Show Interest in India’s Electric Car Manufacturing Scheme
Global automakers including Mercedes-Benz, Volkswagen, Skoda, Hyundai, and Kia have formally expressed interest in India’s scheme to promote the manufacturing of electric passenger cars, according to Minister of Heavy Industries HD Kumaraswamy. “Mercedes-Benz, Volkswagen, Skoda, then Hyundai and Kia — all these companies have already shown interest formally. Tesla, we are not actually expecting from… Continue reading Mercedes-Benz, Volkswagen, Hyundai, Show Interest in India’s Electric Car Manufacturing Scheme
STARTUP AUTOBAHN powered by Plug and Play Showcases Over 30 Pilot Projects Between Mobility Leaders and Startups at expo2025
STUTTGART, Germany, June 2, 2025 /PRNewswire/ — STARTUP AUTOBAHN’s flagship Expo event returns on June 5, 2025, for its 14th edition, showcasing collaborative projects and breakthrough innovations from startups and industry leaders across mobility, production, enterprise, sustainability, and beyond. This one-day event in Stuttgart, Germany, will bring together OEMs, Tier 1 suppliers, startups, investors, and… Continue reading STARTUP AUTOBAHN powered by Plug and Play Showcases Over 30 Pilot Projects Between Mobility Leaders and Startups at expo2025
Nissan launches new, mid-size PHEV pickup that undercuts $20K Slate *
Zhengzhou Nissan has launched a new, plug-in pickup in the Chinese market called the Z9. It’s the same size as the Nissan Frontier Pro, offers over 35 miles of all-electric range, and pricing starts at just $16,600. * in China. Positioned as the electrified sibling of the domestically-built Nissan Frontier Pro, the Zhengzhou Nissan Z9… Continue reading Nissan launches new, mid-size PHEV pickup that undercuts $20K Slate *
Car Deal of the Day: The Hyundai i20 supermini brings cheap thrills at only £165 a month
Sharp design Fun to drive and over 52mpg Just £164.95 a month It’s sometimes easy to forget about cars when they’re as complete as the Hyundai i20. The stylish little five-door offers everything the supermini buyer could wish for, especially when it comes to value for money. This deal from Leasing Options, via the Auto Express Find… Continue reading Car Deal of the Day: The Hyundai i20 supermini brings cheap thrills at only £165 a month