Auto Industry News

Tata Motors has been testing a slew of new EVs including the Tata Nexon EV Long Range, Tigor EV Long Range, Tata Altroz EV and even a battery powered derivative of the Tata Punch.

Gadkari also said that all government office premises will soon have EV chargers as well.

This is the first half of the total investment of Rs. 7,500 crore under the proposed transaction at a valuation of $9.1 billion, Tata Motors said in its announcement.

Prices of petrol and diesel have been increased for the 9th time today accumulating to a total increase of Rs. 6.40 in the last 10 days.

As per the deal, Edison Motors was supposed to pay 274.3 billion won or Rs. 1716 crore, by March 25 2022, to acquire SsangYong, however its failure to do so has led to the termination of the contract.

A few automotive companies have made it to the TIME100 Most Influential Companies list, nominated in different categories such as Pioneers, Titans, Leaders, Innovators, and Disruptors.

British firm has committed to reducing greenhouse gas emissions across its operations and achieve net zero carbon emissions by 2039.

Crude futures have been volatile since Russia's invasion of Ukraine in late February. Last week, Brent gained nearly 12%, while WTI rose almost 9%.