Jaguar Land Rover owner Tata seeks £500m for UK battery plant

Jaguar Land Rover owner Tata Motors is reportedly seeking upwards of £500 million in support from the UK government for a new British EV battery factory. According to the Financial Times, which has spoken to people involved in discussions, the Indian industry giant has given UK ministers “weeks” to offer their support to the scheme,… Continue reading Jaguar Land Rover owner Tata seeks £500m for UK battery plant

Near autonomous passenger car market to grow at a CAGR of 38.23% from 2022 to 2027: Evolving opportunities with Amazon.com Inc., Bayerische Motoren Werke AG among others – Technavio

NEW YORK, March 1, 2023 /PRNewswire/ — According to the latest report on the near autonomous passenger car market, the market size is expected to grow by USD 294.81 billion from 2022 to 2027. The growth momentum of the market will accelerate at a CAGR of 38.23% during the forecast period. COVID-19 had the most negative impact on… Continue reading Near autonomous passenger car market to grow at a CAGR of 38.23% from 2022 to 2027: Evolving opportunities with Amazon.com Inc., Bayerische Motoren Werke AG among others – Technavio

iX Energy converts Tata 407 LCV into an EV

iX Energy, a clean energy startup, has developed an innovative technology solution to convert the popular and reliable Tata 407 LCV into an EV without compromising on performance and robustness. Key Features Fast Charging Gradeability Same as Base Vehicle. IP 67 rated water and dust proof drive parts Advanced battery cooling system for safer operations… Continue reading iX Energy converts Tata 407 LCV into an EV

iX Energy converts Tata 407 LCV into an EV

iX Energy, a clean energy startup, has developed an innovative technology solution to convert the popular and reliable Tata 407 LCV into an EV without compromising on performance and robustness. Key Features Fast Charging Gradeability Same as Base Vehicle. IP 67 rated water and dust proof drive parts Advanced battery cooling system for safer operations… Continue reading iX Energy converts Tata 407 LCV into an EV

Maruti Suzuki sells 147,467 cars and UVs in February, up 10%

Having opened 2023 on a good note with sales of 147,348 units, Maruti Suzuki India has followed it up with a similar performance in February. Last month’s 147,467 units constitute a 10% year-on-year increase (February 2022: 133,948 units). The difference between the two months is just 119 units, indicating that demand for its entry-level vehicles… Continue reading Maruti Suzuki sells 147,467 cars and UVs in February, up 10%

India Digest: Tata Group, Bisleri talks fail; Canadian pension fund may back CleanMax

Tata Group’s talks to acquire Bisleri have reached a stalemate over valuation mismatch, while Canada’s pension fund Ontario Municipal Employees’ Retirement System is planning to invest in Indian solar energy company CleanMax Enviro Energy Solutions. Packaged water firm Bisleri eyeing $1b from deal  Indian conglomerate Tata Group’s plan to acquire Indian bottled water manufacturer Bisleri… Continue reading India Digest: Tata Group, Bisleri talks fail; Canadian pension fund may back CleanMax

Jaguar Land Rover owner demands £500mn from UK for battery factory

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 Jaguar Land Rover owner demands £500mn from UK for battery factory

February retails in CVs and PVs to moderate m-o-m, 2Ws to gain from urban uptick

Despite a sustained positive demand across segments in February, as per analysts, auto retails are expected to witness a moderate drop in customer inquiries sequentially, especially in the passenger vehicles (PV) and commercial vehicles (CV) segments.  According to a Motilal Oswal report, there has been an 8-10 percent drop in the enquiries across PV OEMs,… Continue reading February retails in CVs and PVs to moderate m-o-m, 2Ws to gain from urban uptick

February retails in CVs and PVs to moderate m-o-m, 2Ws to gain from urban uptick

Despite a sustained positive demand across segments in February, as per analysts, auto retails are expected to witness a moderate drop in customer inquiries sequentially, especially in the passenger vehicles (PV) and commercial vehicles (CV) segments.  According to a Motilal Oswal report, there has been an 8-10 percent drop in the enquiries across PV OEMs,… Continue reading February retails in CVs and PVs to moderate m-o-m, 2Ws to gain from urban uptick

Ford to shrink European retail network in agency shift

Ford will adopt the agency retail model across Europe over the coming years, beginning with a trial in the Netherlands in March.  The American brand is embarking on a ground-up overhaul of its European business operations as it electrifies its product line-up. The unveiling of a US-influenced but Europe-focused electric crossover in the coming weeks –… Continue reading Ford to shrink European retail network in agency shift