Sohini Das

Top luxury OEMs together sold 2,809 EVs in 2024, against 2,633 units in 2023

Luxury car sales touched 51K units for first time in 2024

While exporters benefit, import-dependent firms expected to struggle

The move comes in the aftermath of the pandemic that exposed vulnerabilities in the global supply chains, including India's semiconductor sector

Pricing the new variants aggressively at Rs 26.9 lakh (BE6) and Rs 30.5 lakh (XEV 9e), the company compared them with global EVs such as Tesla, BMW, and others

Three of the top five best-selling cars in 2024 were SUVs.

The rupee has been hovering above Rs 85 mark vis-a-vis the US dollar in the recent past

Shailesh Chandra, managing director of Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility, said the industry remains "optimistic" about PV growth in the new calendar year

It had voluntarily paused production in September

Chandra says when the market expands, one benefits from a wider portfolio, but when the market is not growing, products start cannibalising among themselves

This has been made possible by declining global costs of battery cells for EVs

Critical tweaks in laws, spirit of enterprise and the pandemic brought about this transition. Tech and innovation will now define the industry's future

Pharma cos and docs say medical conferences have declined since March after UCPMP was notified

The concluding part of the silver economy series looks at innovative apps and wearables that are empowering seniors and their families

Nissan Motor India declined to comment on the matter. Honda Cars India too did not comment

Over 14% of passenger vehicles and 16% of two-wheelers manufactured in the country were exported between January and November

More variants of the e-scooter, targeting delivery executives, likely soon

The report further projected that EVs could add $9.6 trillion in OEM revenues by 2070, with cars being the major contributor from 2030 onwards

The Healthcare Federation of India reports that over 50 per cent of aspirational districts identified by NITI Aayog, which lack essential infrastructure, are served by diagnostic chains

Bavarian Nordic will transfer the technology of the current manufacturing process to SII to enable supply for the Indian market, the company said in a statement on Monday