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Can electric cars electrify muted IT firms in a dull year?

Automotive clients account for up to 35% of IT services' manufacturing clients.India's top IT firms thus clearly draw meaningful revenue from carmakers around the world.With the advent of electric and tech-laden cars, IT's reliance on automotive revenue is now rising

India , Germany , German , Apurva-prasad , Paribas-rakesh , Tata-technologie , Kumar-rakesh , Jp-morgan-chase-co , Infosys , Lloyds-bank , Infosys-ltd , Tata-consultancy-services-ltd

Tesla's India entry on ice: Musk yet to firm up plans for India

Elon Musk has fueled uncertainty about Tesla's India plans by recently prioritising an investor call over a visit to India, amid a period of declining global sales for the electric vehicle maker.

India , Vietnam , Republic-of , Tamil-nadu , Texas , United-states , California , Fremont , Vietnamese , Vaibhav-taneja , Rohan-patel , Piyush-goyal

Hyundai EVs: Hyundai plans to scale up production capacity, introduce more EVs in India

Hyundai Motor Group aims to boost its annual production capacity to 1.5 million units in India, focusing on expanding EV offerings and using India as an export hub. Hyundai plans to launch its first locally produced EV in 2023 and expand its EV lineup by 2030, while Kia will begin local EV production in 2025.

India , South-korea , Chennai , Tamil-nadu , Pune , Maharashtra , South-korean , Euisun-chung , Hyundai , Hyundai-motor-group , Hyundai-motor-group-on , Executive-chair-euisun-chung

Nissan and Mazda put new models on display for China

Japanese automakers are trying to regain ground in the world’s largest auto market

Japan , China , Red-sea , Djibouti-general- , Djibouti , Japanese , Carlos-ghosn , Honda , Nissan , Chairman-carlos , Mazda , Chinese

Hyundai Group to ramp up prodn in India to 1.5M units, sell locally-made EVs by 2025

India Business News: NEW DELHI: Indicating an aggressive expansion plan ahead of a planned IPO in India, Korean auto giant Hyundai Motor Group (HMG) has said it will incre.

Chennai , Tamil-nadu , India , Euisun-chung , Hyundai-motor-group , Hyundai , Chair-euisun-chung , Motor-india , Hyundai-india , Business-news , Production-capacity , Mobility-provider

EVs aren't burdening Canada's electricity grids – yet

Predicting if, when and how the surge will happen is a challenge for the country’s utility companies

Canada , United-kingdom , Toronto , Ontario , Germany , California , United-states , Los-angeles , Canadian , British , Britain , Ralph-torrie

Tesla Reveals Model 3 Performance, 'Cybercab' Amidst Earnings Slump

Tesla CEO Elon Musk emphasized the EV company’s commitment to autonomy and a new robotaxi service during the EV maker’s first quarter earnings call.

Tesla-cybertruck , Jessica-caldwell , Elon-musk , Tesla-model , Toyota-prius , Not-only-electric , Full-self-driving , Full-self-driving-capability , Enhanced-autopilot , Tesla-supercharger , Ford-mustang-mach-e

Tesla previews ridesharing app feature for its robotaxi

As Tesla shared its figures for the first quarter on Tuesday, the automaker also previewed the app that it wants to use for its planned robotaxi service.

China , Chinese , Elon-musk , Full-self-driving , Cars , Electric-cars , Evs , Tesla ,

Ultraviolette: EV firms focussed on high-tech products need more support: Ultraviolette founders

Electric bike maker Ultraviolette is set to begin deliveries of its bikes in European Union (EU) markets like Turkey, Spain and Germany from the second half of this year.

Spain , India , Turkey , Germany , Narayan-subramaniam , Niraj-rajmohan , Airbus , Mercedes , Offering-college , European-union , Tech-prowess , High-value-skill