In order to scale in the expanding Indian electric vehicle (EV) market, US major Tesla will need to manufacture its cars within the country and price them in the Rs 25 lakh-Rs 30 lakh range, global ...

Electrification has been the key to Hyundai’s 33% retail growth over the past five years, according to Ricky Lao, director of product planning Hyundai Motor America. In fact, sales were up 31% in 2024 ...

Tesla's cheapest car model retails for over $35,000 (over Rs 30 lakh) in US. This is significantly higher than the average selling price of cars in India, which stands at nearly Rs 12 lakh, CLSA noted ...

Riding on premiumisation and EVs, India’s second-largest carmaker plans to roll out more hybrid cars and SUVs, to aid higher margins.

The EV3 GT is expected to arrive late this year or early next. If approved for U.S. sale, it will likely debut for the 2026 ...

Moneylife Digital Team Shares of automobile companies are down on Friday. Mahindra & Mahindra Ltd (M&M) fell as much as 6% ...

"We started by listening to our current owners." Hyundai makes surprising offer to EV owners that will revolutionize fast ...

Approval letters for eligible manufacturers could be issued by July or August 2025, paving the way for a flood of premium EVs ...

Ford CEO Jim Farley has repeatedly told Wall Street that Ford will bring smaller, affordable - yet profitable - EVs to market ...

No longer satisfied with being the luxury brand within the Hyundai Motor Group, Genesis is venturing into the world of ...

Cut to 2025. Maruti Suzuki is India’s top carmaker by volume. It sells more cars than the next three carmakers — Hyundai ...

The 10% Social Welfare Surcharge (SWS) exemption does not change the total duty, which is 110% for EVs above $40,000. For EVs ...