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Ola Electric Shares Surge on Debut as Investors Bet on Increasing EV Adoption
Ola Electric's shares surged on Friday as the company's investors bet on increasing adoption of EVs in the country. Ola Electric's $734 million IPO is India's biggest so far in 2024 and with a 39% market share as of July, Ola Electric dominates sales of electric scooters in India, having launched its first model just three years ago.
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Hyundai, Kia to Launch First India-Made EVs Next Year
South Korea's Hyundai Motor Group will launch its first India-manufactured electric vehicles by 2025 as the parent of the Hyundai and Kia brands looks to boost its presence in the nascent space dominated by Tata Motors.
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Tata Motors Testing EVs in Global Markets, Plans to Open Dealerships in India
Tata Motors, India's biggest electric carmaker, is testing its electric vehicles in some global markets where it could look at a potential launch if the experiment succeeds, its managing director told Reuters. The tests are in early stages and based on how the cars perform, Tata may need to make some changes to the product before it can finalise an...
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Ola Electric Said to Hold Investor Meet on IPO Plans From Next Week
India's Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock market listing, the first of a series of meetings for its up to $1 billion (nearly Rs. 8,250 crore) IPO, two sources with direct knowledge said. The sources said Ola, which makes electric scooters and is backed by investors such as ...
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Maruti Suzuki Concept eVX Electric SUV Unveiled at Auto Expo 2023, Set to Hit Indian Market by 2025
Maruti Suzuki Concept eVX was unveiled by the company on Wednesday at Auto Expo 2023, the country's biggest auto show that has made a comeback after three years. The firm said that it plans to bring the electric vehicle to the Indian market by 2025. The Concept eVX will be powered by a 60kWh battery pack offering up to 550km of driving range on sin...
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India Now World's 3rd Largest Auto Market After China And US: Report
India eclipsed Japan in auto sales last year, according to the latest industry data, making it the third-largest auto market for the first time, Nikkei Asia reported on Friday.
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EV Stock Minda Industries Gains 3% Post Bonus Issue
This Indian EV company is one of the biggest wealth creators of the past decade that turned Rs 1 lakh into Rs 1 crore.
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Used-Car Sector Is Getting More Organised And Professional At A Rapid Pace, Say Industry Experts
The unorganised used car sector is still a large chunk while we see newly organised as well as unorganised players emerging rapidly.
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Delving Deep In The Car Market
The car market in India is one of the biggest in the world. With such a massive size, it can be complicated to fully analyze the car market in India. Nevertheless, here we will try to go deep in the Indian car market.
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India's Biggest Car Dealer Popular Plans $100 Million Listing: Report
Papers filed in August with India's markets regulator seeking approval for its listing show the dealer plans to raise $20 million by issuing new shares.
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Kia India Sales Cross The 5 Lakh Mark In 2.5 Years
Kia India announced that the automaker sold four lakh units in the domestic market, while one lakh units were exported from its Anantapur facility in Andhra Pradesh.
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India's Biggest Car Dealer Popular Plans $100 Million Listing: Report
Papers filed in August with India's markets regulator seeking approval for its listing show the dealer plans to raise $20 million by issuing new shares.
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Great Wall Motors Likely To Take Import Route For India Operations; Reconsiders Local Manufacturing Plans
Great Wall Motors is reworking on its entry strategy due to an inordinate delay in FDI approvals from the government and may ditch local manufacturing in our market, starting sales operations with CBU models.
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Plan To Acquire 40 Per Cent Of Helmet Market Share In 3 Years: Studds Helmets MD
Studds Accessories Ltd. is one of the biggest Indian helmet makers and the company is betting on the rise of personal mobility vehicles and new road safety laws to push demand in the next three years.
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Total's Indian Joint-Venture To Seek Fuel Retailing License
A joint-venture by India's Adani Gas and France's Total will soon seek government permission to open retail fuel stations in India, Adani's chief executive said on Wednesday. India has become a lucrative market for global oil majors after the government removed controls on the retail pricing of gasoline and gasoil and relaxed rules for setting up f...
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Ola Electric Shares Surge on Debut as Investors Bet on Increasing EV Adoption
Ola Electric's shares surged on Friday as the company's investors bet on increasing adoption of EVs in the country. Ola Electric's $734 million IPO is India's biggest so far in 2024 and with a 39% market share as of July, Ola Electric dominates sales of electric scooters in India, having launched its first model just three years ago.
-
Hyundai, Kia to Launch First India-Made EVs Next Year
South Korea's Hyundai Motor Group will launch its first India-manufactured electric vehicles by 2025 as the parent of the Hyundai and Kia brands looks to boost its presence in the nascent space dominated by Tata Motors.
-
Tata Motors Testing EVs in Global Markets, Plans to Open Dealerships in India
Tata Motors, India's biggest electric carmaker, is testing its electric vehicles in some global markets where it could look at a potential launch if the experiment succeeds, its managing director told Reuters. The tests are in early stages and based on how the cars perform, Tata may need to make some changes to the product before it can finalise an...
-
Ola Electric Said to Hold Investor Meet on IPO Plans From Next Week
India's Ola Electric will hold talks next week with investors in Singapore and the United States on its planned stock market listing, the first of a series of meetings for its up to $1 billion (nearly Rs. 8,250 crore) IPO, two sources with direct knowledge said. The sources said Ola, which makes electric scooters and is backed by investors such as ...
-
Maruti Suzuki Concept eVX Electric SUV Unveiled at Auto Expo 2023, Set to Hit Indian Market by 2025
Maruti Suzuki Concept eVX was unveiled by the company on Wednesday at Auto Expo 2023, the country's biggest auto show that has made a comeback after three years. The firm said that it plans to bring the electric vehicle to the Indian market by 2025. The Concept eVX will be powered by a 60kWh battery pack offering up to 550km of driving range on sin...
-
India Now World's 3rd Largest Auto Market After China And US: Report
India eclipsed Japan in auto sales last year, according to the latest industry data, making it the third-largest auto market for the first time, Nikkei Asia reported on Friday.
-
EV Stock Minda Industries Gains 3% Post Bonus Issue
This Indian EV company is one of the biggest wealth creators of the past decade that turned Rs 1 lakh into Rs 1 crore.
-
Used-Car Sector Is Getting More Organised And Professional At A Rapid Pace, Say Industry Experts
The unorganised used car sector is still a large chunk while we see newly organised as well as unorganised players emerging rapidly.
-
Delving Deep In The Car Market
The car market in India is one of the biggest in the world. With such a massive size, it can be complicated to fully analyze the car market in India. Nevertheless, here we will try to go deep in the Indian car market.
-
India's Biggest Car Dealer Popular Plans $100 Million Listing: Report
Papers filed in August with India's markets regulator seeking approval for its listing show the dealer plans to raise $20 million by issuing new shares.
-
Kia India Sales Cross The 5 Lakh Mark In 2.5 Years
Kia India announced that the automaker sold four lakh units in the domestic market, while one lakh units were exported from its Anantapur facility in Andhra Pradesh.
-
India's Biggest Car Dealer Popular Plans $100 Million Listing: Report
Papers filed in August with India's markets regulator seeking approval for its listing show the dealer plans to raise $20 million by issuing new shares.
-
Great Wall Motors Likely To Take Import Route For India Operations; Reconsiders Local Manufacturing Plans
Great Wall Motors is reworking on its entry strategy due to an inordinate delay in FDI approvals from the government and may ditch local manufacturing in our market, starting sales operations with CBU models.
-
Plan To Acquire 40 Per Cent Of Helmet Market Share In 3 Years: Studds Helmets MD
Studds Accessories Ltd. is one of the biggest Indian helmet makers and the company is betting on the rise of personal mobility vehicles and new road safety laws to push demand in the next three years.
-
Total's Indian Joint-Venture To Seek Fuel Retailing License
A joint-venture by India's Adani Gas and France's Total will soon seek government permission to open retail fuel stations in India, Adani's chief executive said on Wednesday. India has become a lucrative market for global oil majors after the government removed controls on the retail pricing of gasoline and gasoil and relaxed rules for setting up f...
