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Hyundai: Hyundai to rev up India capacity to tap rising demand

To expand production, Hyundai Motor India will open its Pune plant - acquired from General Motors - in the second half of next calendar year. The company is upgrading the facility for producing more than 200,000 vehicles annually. Adding the Chennai plant s capacity of 824,000 vehicles, Hyundai Motor India s annual capacity will reach more than one million vehicles a year, the company said. ....

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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. ....

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