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Honda scales back pure electric vehicle ambitions as focus turns to hybrid cars

New Delhi, May 20 -- Honda Motor Co. Ltd has slashed its target for electric vehicles comprising 30% of its global sales by 2030, citing a slowdown in the adoption of electric cars, and joining other ... Read More


Maruti, Hero among automakers boosting earnings with exports as domestic demand remains on shaky ground

New Delhi, May 19 -- Exports of cars, scooters and motorcycles helped the country's top automakers post growth in their earnings in FY25 and beat domestic market blues caused by weak consumer sentimen... Read More


Hero-backed Euler Motors eyes profitability by 2029 after aggressive expansion

New Delhi, May 19 -- Hero MotoCorp-backed electric commercial vehicle maker Euler Motors plans to double its revenue in 12-15 months and achieve profitability by 2029. The company, which makes electr... Read More


Ola's battery cell ambition enters choppy waters

new delhi, May 19 -- Ola Electric Mobility Ltd was betting on its gigafactory to shun dependence on Chinese cells for its batteries. But its capacity expansion is behind schedule, exposing it to risks... Read More


Ola's battery cell ambition has run into a bump

New Delhi, May 18 -- Ola Electric Mobility Ltd was betting on its gigafactory to shun dependence on Chinese cells for its batteries. But the company's capacity expansion is already behind schedule, ex... Read More


Ola Electric raised money to expand cell making capacity. But it's still sitting idle

New Delhi, May 18 -- Ola Electric Mobility Ltd's plan to increase the capacity of its cell manufacturing facility has been delayed, exposing it to risks of higher costs, losing incentives and even tec... Read More


Hyundai preps for shift to hybrid EVs

New Delhi, May 17 -- Hyundai Motor India Ltd is preparing to introduce hybrid electric vehicles over the next few years, seeking to include more clean-fuel cars in its overall portfolio. India's secon... Read More


Hyundai India steers towards hybrid EVs for a cleaner portfolio mix

New Delhi, May 16 -- Hyundai Motor India Ltd is preparing to introduce hybrid electric vehicles over the next few years, seeking to include more clean-fuel cars in its overall portfolio. India's seco... Read More


Hyundai Motor India profit may take a hit in Q4 as sales remain in slow lane

New Delhi, May 15 -- Hyundai Motor India had never faced pesky questions from analysts and investors after the release of its results for the 28 years of its existence in the country. But that has ch... Read More


Defender assembly in India, price cut likely

New Delhi, May 15 -- Tata Motors Ltd is looking to assemble the Land Rover Defender in India, a top executive said, in a move expected to lower its price and heighten competition with rival luxury SUV... Read More