MG Motor India predicts EVs to make up 25% of its sales in 2023
MG Motor has just over a one percent share of India’s passenger vehicles market, where it sells the ZS EV SUV. SAIC Motor has previously said that it has a wide portfolio of new...
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Mercedes-Benz to launch 10 new vehicles in India in 2023, says CEO Santosh Iyer
Mercedes-Benz India’s top-end vehicles include S-Class Maybach, GLS Maybach, top-end AMGs, S-Class and GLS SUV, which are priced over ₹1 crore (ex-showroom). German luxury carmaker Mercedes-Benz says that it launch ten new vehicles in India...
Microsoft to invest in autonomous trucking startup Gatik
Synopsis Microsoft plans to invest over $10 million in a financing round that values Gatik at more than $700 million, the sources added. As part of the deal, Gatik will use Microsoft’s cloud and...
VE Commercial Vehicles total sales rise 17.3 pc to 7,221 units in Dec
Synopsis In the domestic commercial vehicles market, Eicher branded trucks and buses recorded sales of 6,671 units last month as compared to 5,192 units in December 2021, a growth of 28.5 per cent. VE...
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