Tata Elxsi delivers steady performance in Q1 FY’24 with operating revenue crossing Rs. 850 crores and EBITDA margin at industry leading 29.6%

Continues to build capacity for long-term growth; employee base crosses 12,000 Elxsians BANGALORE, India, July 17, 2023 /PRNewswire/ — Tata Elxsi (BSE: 500408) (NSE: TATAELXSI), amongst the world’s leading providers of design led technology services, announced its first quarter results for the period ending 30th June 2023. Highlights of the Quarter Ended June 30, 2023:… Continue reading Tata Elxsi delivers steady performance in Q1 FY’24 with operating revenue crossing Rs. 850 crores and EBITDA margin at industry leading 29.6%

Nyobolt presents reborn Lotus Elise S1 EV concept at Goodwood

The designer of the original Lotus Elise has reimagined his seminal sports car as a rapid-charging EV that will take the form of a road-going prototype in November this year, ahead of sportier versions planned for the coming years. Hosting highly advanced battery hardware from a British-based technology firm called Nyobolt, this striking electric concept is expected… Continue reading Nyobolt presents reborn Lotus Elise S1 EV concept at Goodwood

New-Vehicle Inventory Up 40% YOY as Prices Stabilize

The highest inventories for non-luxury brands were dominated by Stellantis’ brands and a mix of foreign and domestic luxury makes. Graphic: Cox Automotive New-vehicle inventory and prices stabilized further in June while electric vehicle inventory climbed, closing the month with twice the days’ supply as new vehicles overall, according to Cox Automotive’s analysis of vAuto… Continue reading New-Vehicle Inventory Up 40% YOY as Prices Stabilize

Tata Motors partners with Jawahar Navodaya Vidyalaya to offer automotive skills to secondary and senior secondary students

Tata Motors has joined hands with Jawahar Navodaya Vidyalaya to offer hands-on automotive skills, and industrial exposure to the students of secondary and senior secondary students of JNV as a part of the vocational courses envisioned in the ‘National Education Policy 2020’. Launched in 2022, the programme is on offer at 25 JNVs across Gujarat,… Continue reading Tata Motors partners with Jawahar Navodaya Vidyalaya to offer automotive skills to secondary and senior secondary students

Ahead of World Youth Skill Day, Tata Technologies has reiterated its vision of upskilling youth

Ahead of World Youth Skill Day (15 June), Tata Technologies has reiterated its vision of upskilling and empowering youth with skills that boost their employability. The company has been empowering teachers and young innovators through various initiatives by partnering with governments, non-profit organisations, and educational institutions, implementing a multi-faceted approach to achieve this shared vision. Tata… Continue reading Ahead of World Youth Skill Day, Tata Technologies has reiterated its vision of upskilling youth

Ahead of World Youth Skill Day, Tata Technologies has reiterated its vision of upskilling youth

Ahead of World Youth Skill Day (15 June), Tata Technologies has reiterated its vision of upskilling and empowering youth with skills that boost their employability. The company has been empowering teachers and young innovators through various initiatives by partnering with governments, non-profit organisations, and educational institutions, implementing a multi-faceted approach to achieve this shared vision. Tata… Continue reading Ahead of World Youth Skill Day, Tata Technologies has reiterated its vision of upskilling youth

Exclusive-BYD proposes $1 billion India plan to build EVs, batteries – sources

By Sarita Chaganti Singh and Aditi Shah NEW DELHI (Reuters) -China’s BYD Co has submitted a $1 billion investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct knowledge of the plan told Reuters. BYD and privately held Hyderabad-based Megha Engineering and Infrastructures have submitted… Continue reading Exclusive-BYD proposes $1 billion India plan to build EVs, batteries – sources

BYD pitches $1 billion plan to build EVs, batteries in India: sources

NEW DELHI (Reuters) — China’s BYD Co has submitted a $1 billion investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct knowledge of the plan told Reuters. BYD and privately held Hyderabad-based Megha Engineering and Infrastructures have submitted a proposal to Indian regulators to… Continue reading BYD pitches $1 billion plan to build EVs, batteries in India: sources

Hyundai-Tata Motors battle for No. 2 rank revs up in FY2024, Q1 difference only 5,221 units

With FY2024’s first-quarter wholesale numbers out and the passenger vehicle industry registering dispatches of 995,974 units and year-on-year growth of 9%, the battle for the No. 2 position at the top of the ladder continues. While market leader Maruti Suzuki remains unassailable, the longstanding No. 2 player Hyundai Motor India and a hard-charging Tata Motors… Continue reading Hyundai-Tata Motors battle for No. 2 rank revs up in FY2024, Q1 difference only 5,221 units