Hyundai Motor India reported a 19% decrease in its third-quarter profit, with earnings dropping to ₹11.61 billion from ₹14.25 billion the previous year. This decline is attributed to a 2.4% reduction in total car sales, influenced by a 7.5% decrease in exports due to the Red Sea crisis affecting the Middle East market. Domestic sales […]
Tata Motors, India’s leading electric vehicle manufacturer, plans to leverage locally-produced batteries to maintain its competitive edge as new entrants like JSW MG Motor, Mahindra & Mahindra, and Hyundai Motor launch their EVs in India.
Toyota plans to reintroduce the Urban Cruiser as an electric crossover, ten years after it was discontinued. This new model will compete with vehicles like the Volvo EX40 and Peugeot e-3008. Developed in collaboration with Suzuki, it will share similarities with Suzuki’s e-Vitara and offer two battery options (49kWh and 61kWh)
