enterprise Govt approves new EV policy; minimum investment fixed at ₹4,150 cr Under the new policy, the automobile manufacturers is required to make a minimum investment of ₹4,150 crore or $500 million with no cap on maximum investment. By Astha Oriel
enterprise Hyundai working to resolve export challenges due to Red Sea crisis: Tarun Garg The company's exports in January declined by 13.7% YoY to 10,500 units, whereas February exports plummeted by 5% to 10,300 units, according to SIAM data. By Astha Oriel
investing SpiceJet shares plunge 10% after two senior executives resign According to news reports, Kashyap and Bhatia are currently serving the notice period till March 31. By Astha Oriel
long-reads Why India Wants Hybrids, Not EVs Hybrids beat EVs in sales as buyers take a fancy to mixed powertrains to get the best of both worlds. By Astha Oriel
enterprise EV penetration fastest in luxury car segment: BMW's Pawah Vikram Pawah, however, opines that for the electric vehicle adoption to get a boost, India would require more charging networks. By Astha Oriel