Uber forays into green mobility space; launches Uber Green
Uber Green, which is already present in over 100 cities in 15 countries, will be rolled out beginning June this year, in Delhi, Mumbai and Bengaluru.
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Tata Motors-backed Jaguar to invest 15 billion pounds for EV product over next 5 yrs
The U.K-based luxury car maker will start to invite applications for client orders for the modern luxury all-electric Range Rover later this year.
Govt incentives to increase EV penetration in India: Moody's
India has the fourth-largest car market globally, but EV penetration is currently only around 1%, says Moody's.
EV sales in India cross 1 million mark in FY23
Amongst the total EV sales, electric two-wheelers sales stood the highest at 62%. The electric two-wheeler manufacturers sold 7,26,976 units in FY23.
IFC to invest ₹600 cr in Mahindra’s mobility biz; share rises 2%
The investment by IFC will be in the form of compulsory convertible instruments at a valuation of up to ₹6,020 crore.
JSW to take final call on EV investments by August
Chairman Sajjan Jindal wants to launch it as an independent business.
Motown’s Moment of Aatmanirbharta
A smooth transition to green mobility takes centrestage in the Budget as India prepares to take on the mantle of the world’s manufacturer in the new global order.
Why are Tata Motors shares trading higher amid volatile trade?
Tata Motors plans to raise $500-600 million from global investors after it garnered $1 billion last year from TPG’s Rise Climate Fund and Abu Dhabi state holding company ADQ.
Tata Tiago EV First Drive: City commuting finally takes the electric leap
The Tiago EV is strictly meant for intracity commutes, and not for intercity trips on the highway. The peppy drivability of the car also makes it ideal for city-dwellers or possibly a second car
EVs to create $100 bn revenue opportunity for India: Bain & Company
Bain & Company expects 35-40% of all vehicles sold in India by 2030 to be EVs, up from 2% in 2022.
