ev market

Hyundai to boost local sourcing for EVs

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India’s EV Revolution: Hyundai Supercharges Local Production The electric vehicle (EV) landscape in India is buzzing with activity, and Hyundai is stepping on the accelerator. ...

VinFast sets up Chennai showroom: Vietnamese EV maker’s biggest outlet in India; targets 35 across nation by year-end

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VinFast Auto India has inaugurated its largest retail outlet in Chennai, Tamil Nadu, marking its second showroom in India after Surat, Gujarat. The 4,700 sq ...

Tesla reports sharp decline in Q2 earnings: Revenue drops 12% as Elon Musk-led EV giant faces ‘rough quarters’; Here’s all you need to know

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Tesla reported disappointing Q2 results, with revenue and profits declining due to reduced government support and softening demand. Despite launching a refreshed Model Y, deliveries ...

‘I can’t be still here if…’: Elon Musk says he’s committed to still be Tesla CEO in 5 years’ time

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Elon Musk has affirmed his commitment to leading Tesla for at least five more years, addressing investor concerns amidst political backlash. He defended his involvement ...