US auto-safety regulator closes Tesla ‘phantom braking’ probe into 6.95 lakh vehicles as complaints fall
The US National Highway Traffic Safety Administration (NHTSA) has closed its 2022 preliminary investigation into nearly 695,000 Tesla Model 3 and Model Y vehicles over reports of unexpected braking, concluding…
India mulls Tesla-style cash boost for super fuel-efficient carmakers
The government is weighing a proposal to reward carmakers that have topped India's fuel-efficiency requirements since financial year 2023 by allowing them to sell surplus compliance credits to peers that…
Ola Electric hit by fresh insolvency pleas over ₹40 crore in unpaid dues
New Delhi: Two key suppliers of Ola Electric Technologies Pvt. Ltd., the operating arm of listed Ola Electric Mobility Ltd. that accounts for nearly all of its revenue, have moved…
Exide targets first EV cell revenue in Q3 FY27, joins Tata Agratas in commercialization
India's largest battery maker, Exide Industries Ltd, expects to book its first revenue from electric vehicle cell manufacturing in the October to December quarter of the financial year 2027, becoming…
Quote of the day by Eric Thomas: ‘When you want to succeed as bad as you want…’
Success is one of the most desired goals in human life, yet only a few people are willing to pursue it with unwavering dedication. Eric Thomas’s powerful quote, “When you…
India set to approve Geely-backed investment as China ties thaw
India is set to approve a roughly $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China’s Zhejiang Geely Holding Group Co., that would mark one of…
Quote of the day by Marcus Garvey: ‘A people without the knowledge of their past history…’
Marcus Garvey believed that history and culture give individuals and communities a sense of belonging and purpose. Just as a tree depends on its roots for nourishment and stability, people…
TVS, Hyundai test ride-hailing app with electric autos in Gurugram
The partnership between TVS Motor Company and Hyundai Motor Company is expanding beyond vehicle development into mobility services, with the two companies piloting a ride-hailing app using jointly developed electric…
Auto components maker Interface in talks to sell majority stake at $300 m valuation
MUMBAI: Interface Auto, a manufacturer of auto electronic components, is in the early stages of exploring a majority stake sale that would value the company at up to $300 million…
Quote of the day by Robert T Kiyosaki: ‘Your future is created by what you…’
Many people dream of success, happiness, and achievement, but often delay the efforts required to reach those goals. Robert T Kiyosaki reminds us that our future is not determined by…
