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…
Hero MotoCorp, one of the largest two-wheeler companies, plans to expand the portfolio of its EV sub-brand Vida. The company has said that it will soon launch Vida Z with a battery pack of up to 4.4 kWh. Hero MotoCorp sells the V1 electric scooter. The company’s two-wheelers are sold in 48 countries. It is…
The regulator, which monitors the compliance of companies related to competition laws in the country, has recalled the investigation report against e-commerce company Flipkart. Chinese smartphone maker Xiaomi, in a complaint given to the Competition Commission of India (CCI), had said that this report contains secrets related to its business which should be edited. CCI…
American devices maker Apple’s iPad is getting strong demand. iPad sales have increased almost 10 times in the recently organized Great Indian Festival Sale of e-commerce company Amazon. With this, the sales of Samsung tablets in South Korea have increased by almost five times. Saurabh Srivastava, vice president of Amazon’s unit in the country, said,…
Chinese smartphone maker Oppo recently introduced the Find X8 series. This series includes Oppo Find X8 and Find X8 Pro. The company can add Find X8 Ultra to it. However, there has been a hint of Oppo also bringing Find X8 Mini in this series. Last month Vivo launched X200 Pro Mini in China. Tipster…
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…
Hyundai, one of the big automobile companies, has seen its sales in India increase by 14.84 percent in October. Last month the company sold 55,128 units. Along with this, Hyundai’s exports have also increased. It sells models like Grand i10, Exter, Creta and Tucson in the country. The company has Kona and Ioniq 5 in…
Ather Energy, one of the largest electric two-wheeler companies, has recorded its highest ever monthly sales last month. The company’s retail sales have been more than 20,000 units. Ather Energy sold around 12,828 units in September. The company’s market share in this market has increased to approximately 14.3 percent. There has been a boom in…
Maruti Suzuki, one of the big automobile companies, had sales of 1,77,266 units in October. This is an increase of 21 percent compared to the same period last year. Brezza and Grand Vitara are performing well in the SUV segment for the company. Last month, Maruti Suzuki sold 59,147 units in the utility vehicle segment….
Tim Cook, CEO of American devices maker Apple, has emphasized the growing importance of India. The company’s sales in the quarter ending September were better than expected. Apple’s sales in the last quarter were approximately $94.9 billion. This is an increase of 6.1 percent compared to the same quarter last year. Cook said that Apple…