In the last few years, the demand for semiconductors in the country has increased rapidly. In the last financial year, import of semiconductors increased by about 18.5 percent to about Rs 1.71 lakh crore. Semiconductors are used in many industries like automobiles and smartphones. The central government has taken measures to increase the manufacturing of…
MG Motor, which has a major share in the electric vehicles (EV) market, has announced to increase the prices of its vehicles from next month. These will also include the company’s Electric Vehicles (EV). MG Motor’s EV portfolio includes the Comet EV, Windsor EV and ZS EV. The company has said in a statement that…
Sales of electric two-wheelers have increased rapidly in the last few years in the country. Bajaj Auto had launched Chetak electric scooter in this segment. Chetak Electric has received good response from customers. Bajaj Auto has prepared to launch its next version. There may be some improvements in comparison to the previous version of Chetak…
American devices maker Apple is preparing to invest about one billion dollars in setting up a manufacturing plant in Indonesia. Components for smartphones and other products will be made in this plant. Indonesia had banned the sale of the company’s iPhone 16 in October due to lack of local manufacturing. Indonesia’s Investment Minister Rosan Roeslani…
Bajaj Auto, one of the country’s largest automobile companies, has reduced the price of the world’s first CNG-powered motorcycle Freedom 125. This motorcycle was launched in July. The company has reduced its price by Rs 10,000. Its starting price at launch was around Rs 95,000 (ex-showroom). The cost of running this motorcycle is 50 percent…
The troubles of Ola Electric, one of the big electric two-wheeler companies, are increasing. The Central Consumer Protection Authority (CCPA) has asked to provide additional documents regarding the notice given to the company on alleged violation of consumer rights and unfair business practices. An email has been sent by CCPA in this regard to Ola…
Hero MotoCorp, one of the big two-wheeler companies, has expanded its range of electric scooters. The company has launched the electric scooter VIDA V2. VIDA V2 will be available in three variants. Its starting price is around Rs 96,000 (ex-showroom), Delhi. This electric scooter has a stylish design. It has removable battery packs. The price…
The number of Electric Vehicles (EV) is increasing rapidly in the country. The capital Delhi has the leading position in this segment. About 11.5 percent of the total vehicle registrations in Delhi are EVs. Charging infrastructure for electric vehicles is also being expanded rapidly in the capital. According to a report by Yes Bank and…
In the last few years, sales of American devices maker Apple’s iPhones have increased rapidly. However, in some countries the company is also facing difficulties due to not following the rules related to local content. Indonesia has set a condition for Apple to invest one billion dollars. Indonesia had banned the sale of the company’s…
American devices maker Apple has been accused of suppressing its workers and illegally monitoring them. In a legal case filed regarding this, it has been said that such a privacy policy is implemented by the company which bans the workers from discussing the working conditions. This case has been filed in the California court in…