electric vehicle manufacturer

A Florida teenager's garage-built motor model is gaining attention for addressing the electric vehicle industry's reliance on rare-earth magnets. His project, based on a synchronous reluctance motor, aims to reduce dependence on these critical minerals, a challenge governments and manufacturers are also tackling worldwide. The invention highlights the ongoing search for alternatives without compromising performance.

A Coimbatore consumer commission has taken a firm stand against Royal Enfield and one of its dealers, mandating them to pay ₹5.1 lakh to a buyer whose Continental GT 650 was plagued by continuous defects. The motorcycle endured over 294 days of repairs, yet the persistent mechanical and electrical failures remained unresolved, causing the owner significant inconvenience and financial strain.

Over the last few years, more manufacturers have started offering such schemes across multiple segments, including affordable city EVs and premium electric SUVs. Here’s a look at the electric vehicles in India currently available with Battery-as-a-Service plans, along with the benefits offered by each brand.

VinFast is restructuring its Vietnam manufacturing business in a $530 million deal, creating a new entity, VFTP, to handle production and associated liabilities. This move aims to improve capital efficiency and accelerate the EV maker's path to profitability, with VFTP potentially exploring contract manufacturing. The core VinFast business will focus on R&D, sales, and customer service, adopting an asset-light model.

The latest fuel hike may also influence transmission preferences. While automatic gearboxes have become increasingly popular in urban markets, buyers focused on lower running costs could favour AMT-equipped vehicles over less efficient torque converter automatics. Electric vehicles are another segment expected to benefit, particularly among urban buyers with access to home charging.

Says Defence Production Set To Touch Rs 1.75L Crore Soon

Commerce and Industry Minister Piyush Goyal urged Indian industry to embrace self-efficiency and productivity amidst global challenges. He emphasized reducing import dependence, leveraging free trade agreements, and moving from "assembled in India" to "designed, engineered, and manufactured in India" to strengthen the economy and achieve export targets.

Deccan Gold Mines has announced a significant discovery of nickel, copper, and palladium mineralisation in Chhattisgarh during initial drilling at its Bhalukona project. This breakthrough could lead to India's first nickel-copper-PGE mine, crucial for the nation's electric vehicle and renewable energy sectors. The company's findings reinforce the project's strategic importance for India's critical minerals ecosystem.

Hyundai Motor India is set to launch two new SUVs in FY27, including a mid-size ICE model and a compact electric SUV on a localized EV platform. The company aims for 8-10% domestic volume growth and has outlined a significant investment of Rs 7,500 crore for expansion and development.

India's auto sector is rapidly embracing new tech like ADAS and connected mobility, driven by consumers demanding value beyond price. This shift necessitates localization of engineering and manufacturing to tailor solutions for India's unique road conditions. The nation's green mobility journey will be multi-pathway, balancing EVs with other cleaner options, while focusing on sustainable production.

Sixty years of leftism & quasi-leftism killed the city & state’s economic vitality. But a revival isn’t hard. Policy needs to build on moribund industrial bases & stock exchange. Plus, prioritise learning English

Elon Musk is on the cusp of becoming the world's first trillionaire as SpaceX prepares for a monumental IPO, potentially the largest in Wall Street history. The company's $1.25 trillion valuation could significantly boost Musk's net worth, fueled by his majority stake and ambitious plans for AI, Starlink, and Mars colonization.