
Volkswagen Trims India EV Plan, Seeks Local Partner to Grow Market Share
Volkswagen is reducing its India EV development costs by one-third (to $700M) and searching for a local partner to boost its small 2% market share.

Volkswagen is reducing its India EV development costs by one-third (to $700M) and searching for a local partner to boost its small 2% market share.

Ola Electric Mobility shares gained 10% on Wednesday, nearing their IPO price, with trading volumes exceeding 50 crore shares daily for six sessions. Another day of substantial gain for the share price on Wednesday, with a 10% rise in value, brings the stock price of Ola Electric Mobility closer to its initial public offering (IPO) value. Aided by a set of extraordinarily increased trading volumes in the markets, this marks

PM Modi will launch Maruti Suzuki first EV, the e-Vitara, in Gujarat, making India a global manufacturing hub for the brand’s electric vehicles. In a significant step towards the ‘Make in India’ vision, Prime Minister Narendra Modi is about to inaugurate the assembly line for Maruti Suzuki’s first electric vehicle, the e-Vitara. This event takes place on August 26 at the Hansalpur factory of the brand in Gujarat and marks