AUTOMOBILES
Ola Electric Dominates April with Over 52% Market Share in EV 2-Wheeler Segment
From the VAHAN Portal, the government's data showed that the company has done 34,000 registrations last month, up 54 percent from the same period last year.
BluSmart Surpasses Rs 500 Crore Annual Run Rate Milestone in FY24
BluSmart announced that its gross business value ³ had achieved a staggering compound annual growth rate ² of 300% in the last three years.
Tesla Robotaxi Launch on Aug 8: Date inspired by Chinese Luck, reveals Elon Musk
Acknowledging a follower's post about organizing a robotaxi event on August 8, Musk confirmed the choice and added a personal touch by saying it coincides with the 17th birthday of his triplets.
Tesla's Cost-Cutting Measures: Musk's Dismissal of Senior Staff
Musk told the staff of the company to "reorganize" Tesla, a move he said was prompted by the company's financial performance.
Kia Reports 32.5% Increase in Q1 Net Profit; Challenges in India Sales Linked to Aging Models and Geopolitical Factors
In a regulatory filing, the company revealed a consolidated net profit of 2.8 trillion won ($2 million) for the period spanning January to March, marking a significant increase from the 2.1 trillion won reported during the same period last year.
Audi Raises Prices by Up to 2% Across Model Range in India
"Rising inputs costs are compelling us to increase prices by up to two per cent effective June 1, 2024," Balbir Singh Dhillon, Head of Audi India, said in a statement.
BMW Unveils New Electric Model in Indian Market
BMW Group India President Vikram Pawah said, "It encompasses the heritage of eight generations of the sportiest executive sedan -- the '5', adrenaline-laden performance of 'M' and the sustainability of 'i'."
Ultraviolette Unveils 'F77 Mach 2' Electric Motorcycle Priced at Rs 2.99 Lakh
The F77 Mach 2 series features a striking array of nine color options that includes Stellar White, Supersonic Silver, Lightning Blue, Plasma Red, Turbo Red, Afterburner Yellow, Stealth Grey, Asteroid Grey, and Cosmic Grey. The F77 Mach 2 series promises customization to suit every rider's taste.
Bolero Neo+: Mahindra's Latest Nine-Seater Unveiled, Starting at Rs 11.39 Lakh
Nalinikanth Gollagunta, CEO - Automotive Sector at Mahindra & Mahindra, expressed, "With the launch of the Bolero Neo+, we are committed to delivering durability, advanced features, and enhanced comfort, elevating the driving experience for families and fleet owners alike."
Ola Electric Slashes Prices for S1 X E-Scooter Range, Starting at Rs 69,999
The S1 X series, featuring three battery options of 2 kWh, 3 kWh, and 4 kWh, will now be offered at Rs 69,999 (as an introductory offer), Rs 84,999, and Rs 99,999, respectively. Deliveries are slated to commence from the upcoming week.
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