Chinese consumer electronics maker Xiaomi’s September quarter revenue was higher than expected. Xiaomi, which has a major share in the smartphone market, had entered the electric vehicle (EV) segment this year. This business of the company is growing rapidly. Xiaomi’s revenue in the last quarter has increased by about 31 percent to about $ 12.8…
Chinese consumer electronics company Xiaomi has a major stake in the smartphones segment. Last year, the company had entered the electric vehicles (EV) market with SU7. Xiaomi has said that the manufacturing of SU7 has crossed one lakh units. This electric sedan was also showcased in India. This EV has a battery pack of 101…
Donald Trump won the election results in America last week. The new government led by Trump will take office early next year. Elon Musk, chief of electric vehicle (EV) maker Tesla, is also going to get an important role in this. Trump has asked Musk and Indian-origin Vivek Ramaswamy to take charge of the Department…
Elon Musk, CEO of Tesla, one of the big companies manufacturing electric vehicles (EV), has benefited a lot from Donald Trump’s victory in the US presidential election. After Trump’s victory, Musk’s wealth has increased by more than 12 percent. His stake in Tesla has a major contribution in this wealth. a media Report Quoting the…
The share price of Tesla, one of the big electric vehicle (EV) companies, has increased significantly due to the victory of Donald Trump in the presidential election in America. Investors hope that Tesla CEO, Elon Musk, who supported Trump in the election, will benefit from this. Tesla’s competitors may suffer big losses due to the…
Sales of Electric Vehicles (EV) have increased rapidly in the last few years. MG Motor launched Windsor EV in this segment in September. It has been the best selling passenger EV last month. MG Motor sold 3,116 units of Windsor EV in October. a media Report According to , the company’s sales in October were…
The tie-up between Japan’s Suzuki Motor and Toyota Motor is being taken forward. Under this, Suzuki Motor will supply new Battery Electric Vehicle (BEV) to Toyota. This model will be manufactured early next year at Suzuki Motor’s Gujarat plant. This BEV will be an SUV. Maruti Suzuki plans to launch it next year. Suzuki Motor…
American devices maker Apple had worked with Chinese automobile company BYD for years on the project to make an electric car. Apple has canceled this project. For this, the company had worked with BYD to develop a long range battery. Bloomberg quoted people with information about this as saying that Apple And China’s BYD had…
Tata Motors, one of the big automobile companies, estimates that the demand for passenger vehicles may be affected in the first half of this financial year due to the Lok Sabha elections. The Lok Sabha elections began in mid-April and will end with vote counting in early June. a media Report Tata Motors Chief Financial…
German luxury car maker Mercedes-Benz expects sales growth in India to be double-digital in the current financial year. Mercedes-Benz holds the first position in the country’s luxury car market. It plans to take advantage of the increasing demand for premium cars. This week the company has launched Maybach GLS 600 4MATIC SUV and AMG S…