Auto News
Don’t hide behind tariffs, use new opportunities to grow, says Maruti Suzuki chairman Bhargava
Maruti Suzuki chairman RC Bhargava urges collaboration between the government and industry to enhance the competitiveness of locally manufactured vehicles.
Ultraviolette readies base for next range of electric 2-wheelers
The two-wheeler electric maker believes that 2026 will be a defining year for growing its expanded product range comprising Tesseract and Shockwave both in India and across the world.
How Jaggis misled investors and lenders while being cleantech poster boys for BluSmart
BluSmart, once celebrated as India's first all-electric ride-hailing service, faces a crisis as promoters Anmol and Puneet Singh Jaggi are accused by SEBI of fund diversion from Gensol. This revelation has shaken investor confidence, leading to leadership exits and a decline in daily rides.
Group employee alleges forced resignations, threats as promoters step down from managerial roles at Gensol
The Gensol scrip has already taken a severe beating on the stock exchanges and the services of Blusmart have been suspended since Wednesday afternoon, with drivers and consumers taken aback at the sudden turn of events.
Oben Electric bets on vertical integration to power EV manufacturing in India
The Bengaluru-based EV motorcycle maker designs and builds nearly every critical component in-house--unlike its competitors which are import-reliant--and charting its own route in India's underserved EV motorcycle space.
Luxury flat, golf sets, offsetting credit card dues: How Gensol promoters used loans, finds SEBI
The interim order released by SEBI after an investigation for nearly one year, says its officials visited GEL’s Pune manufacturing plant but could not find any manufacturing activity there!
EVs continue to struggle in Indian market: Deloitte Report
As per the report, a smoother path toward electrification may lie in hybrid vehicles, as about 21% of surveyed consumers preferred hybrid vehicles.
Kia banks on India to meet electric goalpost in 2030
The Korean carmaker is looking at a 43% share in India for electric and hybrid electric vehicles over the next five years. The clean air momentum will also come from Europe, the US and South Korea.