The Indian government is deliberating a proposal to amend its electric vehicle (EV) investment policy, potentially allowing global manufacturers to include expenditures on charging infrastructure as part of the mandated $500 million investment over three years for setting up manufacturing
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Tesla, the renowned American electric vehicle (EV) manufacturer, is poised to commence its retail operations in India by April 2025. The company plans to introduce imported EVs from its Berlin facility, with starting prices expected to be under $25,000 (approximately ₹21 lakh). This strategic move aims to tap into the burgeoning Indian EV market, offering […]
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Hyundai Motor India has announced a significant milestone in its electric vehicle (EV) manufacturing strategy by localizing over 1,200 components, including EV battery packs. This move underscores the company’s commitment to strengthening its presence in the Indian EV market while promoting the government’s ‘Make in India’ initiative. “Localized Manufacturing for a
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Ola Electric Mobility shares took a sharp fall on Tuesday following a show cause notice issued by the Central Consumer Protection Authority (CCPA) over alleged violations of consumer rights, misleading advertisements, and unfair trade practices. The stock dropped 6.18% to a low of ₹85.21, marking a steep 46% decline from its recent peak of ₹157.53 […]
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Tata Motors has expanded its popular Nexon lineup by launching two new variants – a CNG model starting at ₹8.99 lakh and an electric version priced from ₹13.99 lakh. The announcement was made on September 24, positioning the Nexon as the only vehicle in India available in four distinct powertrains: petrol, diesel, CNG, and electric. […]