Autos

Autos

FAME Subsidy Case: Hero Electric moves HC seeking relief

New Delhi: Hero Electric scooter company Hero Electric has approached the Punjab and Haryana High Court seeking relief from recovery of subsidies availed under the government's flagship scheme to promote electric mobility.The move comes in the backdrop of the Centre...

Autos

Tesla’s biggest problem: cars

Drew Dickson is the founder and chief investment officer of Albert Bridge Capital. He is short Tesla in his personal account. Albert Bridge Capital holds shares in Porsche SE, which is part owner of Volkswagen.Tesla’s first-quarter earnings could have been...

Autos

Hyundai to rev up India capacity to tap rising demand

Hyundai Motor Group's Indian operations have been "pivotal" in driving growth at the Korean automotive conglomerate since the pandemic despite recessionary conditions worldwide, Euisin Chung, the group's executive chair said on Thursday.He said the group is working on expanding annual...

Autos

McLaren P1 successor tipped to cost close to $2M

More details have emerged on the McLaren P1 successor following a dealer meeting held earlier this month, Automotive News (subscription required) reported, citing dealer sources present at the meeting. The new hypercar will reportedly debut in the fourth quarter but...

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