Tesla cuts prices in US, Europe in pivot to drive sales
Synopsis The US price cuts on the Model 3 and Model Y ranged between 6% and 20% compared with the prices that held before the discount. Tesla slashed prices on its electric vehicles in...
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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...
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...
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