China's BYD will consider second Europe plant in 2025, says executive
Chinese automaker BYD will consider building a second assembly plant in Europe in 2025, its European managing director Michael Shu said on Thursday.

Tesla sends top executive back to China amid weak sales
Tesla Inc is sending executive Tom Zhu back to China, where he led the carmaker's entry into the country, according to a person familiar with the matter.

Nio on track to unveil its first mass-market car in May, executive says
China's premium electric vehicle maker Nio is on track to unveil a new model under a mass-market brand by the end of this month and a second smaller EV to be sold in Europe next year for less than USD 30,000, a senior executive told Reuters on Monday.

Luxe car cos speed up amid SUV road rage
Mumbai: Luxury car makers such as Mercedes-Benz, BMW and Audi are set to launch several new sport-utility vehicle models over the next three months, hoping to further deepen their foothold in this growing segment fuelled by evolving lifestyle trends and changing preferences of India’s affluent buyers.

'Over-regulation of the market': Rajiv Bajaj says taxes are too high on 2-wheelers as prices rise

Tesla's restructuring hits executive bench hailed by Elon Musk
Just over a year ago, Elon Musk shared the stage at Tesla's investor day in Texas with 16 executives who gave detailed presentations on the company's technology and growth plans, then lined up behind their boss in a show of solidarity.

Elon Musk lays off Tesla senior executives in fresh job cuts: Report
Elon Musk is thinning Tesla's senior management and laying off hundreds more employees, frustrated by falling sales and the pace of layoffs so far, The Information reported early Tuesday, citing an email sent by the CEO to senior executives.

India bridging infra gaps to be a global manufacturing hub: Siemens executives
Neike noted that globally, despite a tough economic scenario, an overall deceleration has not been observed. The need for greater efficiency and push for sustainability are also leading businesses to turn to artificial intelligence (AI), which is the “next big revolution”.

Hyundai Motor Group Executive Chair Euisun Chung visits India; reviews long-term mobility strategies
New Delhi: Hyundai Motor Group (the Group or HMG) Executive Chair Euisun Chung visited India. He conducted an in-depth review and engaged in detailed discussions on Hyundai Motor Group’s mid to long-term strategies in India at the new Hyundai Motor India Headquarter Delhi office in Gurugram.

MG EXE181 electric supercar concept with fighter jet-like cockpit, drag parachute revealed

MG EXE181 EV hypercar concept unveiled ahead of Beijing debut
MG has unveiled the EXE181 concept ahead of its public debut at Auto China 2024, set to be held from April 25 to May 5. The EV hypercar concept, the brand's first, is inspired by the EX181 land speed record car, which was designed for optimal aerodynamic efficiency.

Introducing INAXES: A Range of Innovative Solutions for the Modern Driver

Tesla's senior battery executive exits company

Bajaj Pulsar N250 vs Suzuki Gixxer 250: Specs, features, prices compared
Bajaj provided its current flagship Pulsar– the N250– some crucial updates over its predecessor. In its latest avatar, the quarter-litre naked roadster is a lot more feature-packed. Let us find out how it compares in terms of specs and prices against its direct competitor Suzuki Gixxer 250.

Petroleum dealers demand ECI exemption for cash movement

Greaves Electric Mobility onboards K Vijaya Kumar as Executive Director and CEO
Greaves Electric Mobility (GEMPL), the electric mobility business of Greaves Cotton, has appointed K Vijaya Kumar as its new Executive Director and CEO. 

Markets end lower amid profit-booking, mixed global cues

India EV policy to help global car companies expedite investment decisions: Skoda senior executive
India’s recently announced electric vehicle policy will help global carmakers expedite decisions on investing in manufacturing EVs in the country besides allowing brands gauge customer response to premium EV models in a value conscious market, said a senior executive at the local arm of Czech carmaker Skoda Auto.

Like Suzuki, Maruti sets up 10-member exec panel

Huawei says Chery's Luxeed S7 premium EV starts mass delivery
The Luxeed S7 electric sedan, developed by Chinese tech giant Huawei and Chery Auto, has started mass delivery after a shortage of semiconductors and production issues delayed production and delivery, a Huawei executive said on Saturday.

Renault in advanced talks with partners to recycle batteries, says executive
French automaker Renault is in advanced discussions with potential partners to extract and recycle lithium and other metals from used electric vehicle batteries, a company executive said, as it seeks to reuse more of the strategic raw materials.

Ashok Leyland declares interim dividend of Rs 4.95 per share, fixes record date

EV sales could see slowdown if taxes on hybrids reduced
The Minister of Road, Transport & Highways, Nitin Gadkari, recently proposed a tax reduction for hybrid vehicles to 12 percent from the existing 28 percent for sub-4-metre and 43 percent above-4-metre hybrid vehicles, respectively. If the proposed policy is implemented, the ex-showroom prices of the hybrids are likely to come down by 21 percent and TCO will become favourable for hybrids as compared to pure EVs. A recent report by Kotak Institutional Equities states that this incrementally could see OEMs (especially Japanese) accelerate product introductions with strong hybrid technologies, which may hamper EV adoption in the near term.

Bharat Forge executes allotment of INR 125cr non-convertible debentures
New Delhi: Bharat Forge, a leading global industrial house, has formally executed the allotment of non-convertible debentures (NCDs) worth INR 125 crore, in accordance with Regulations 30 and 51 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Amid slowdown in EV sales, US relaxes mileage rule to favour carmakers

As electric vehicle sales slow, US relaxes plans for stricter auto emissions standards for a while
The Biden administration this week is expected to announce new automobile emissions standards that relax proposed tailpipe limits for three years but eventually reach the same strict standards set out by the Environmental Protection Agency.

IPO-bound Ola Electric hires former Byju’s senior executive Jitesh Shah to lead after-sales

Future of vehicles is electric, India's import duty sops a positive, say Audi top execs

Huawei says Chery's Luxeed S7 delays will be resolved in April

General Motors' executive vice president for software and services Mike Abbott to step down
General Motors said on Tuesday that Mike Abbott, executive vice president of software and services, will step down due to health reasons.