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Battery-storage costs must drop by 15 % year for India to avoid adding new coal capacity: Report WAF
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INDIA
JSW MG Motor India eyes 50% of sales from EVs in FY25; to launch MG Windsor EV in Sept THBusinessline
Hero MotoCorp to drive in new scooter trims; bolster production capacity of Xtreme 125R WAF
Ashok Leyland aims at single digit growth in MHCV segment WAF
Govt’s 20% ethanol blending goal in ESY 2025 will need more sugarcane: Report WAF
TVS Motor Co to expand electric 2W sales in both developing, developed markets: CEO KN Radhakrishnan WAF
Ola Electric shares surge 90% post-debut to hit $7 billion value HTAuto
Foxconn working on plans to set up battery energy storage system unit in India WAF
BPCL plans Rs 1.7 lakh cr spend to expand core biz, new energy foray WAF
SAMIL Hits a Century: 100 Crore + Milestone Achieved on Freedom Auction 2024 WAF
Ashok Leyland sees high enquiry from fleet operators amid consolidation WAF
Audi India crosses key one lakh sales milestone in India since debut in 2007 HTAuto
ASIA
China auto body says EU draft on tariffs for Chinese EVs brings ‘enormous risks’ WAF
China’s SAIC vows to take further measures after EU draft findings on subsidies WAF
Chinese body says EU draft on EV tariffs lacks objectivity, fairness WAF
Xiaomi Q2 revenue beats estimate, reveals auto unit sales WAF
BMW, venture to recall 1.36 mln cars in China due to airbag risks, regulator says WAF
EU
What happens next in the EU investigation into China-made EVs? WAF
Tesla to get lower EU tariff on its Chinese-made EVs WAF
Toyota bets big on hybrid-only models as EV demand slows WAF
Porsche agrees to provide capital in Varta restructuring deal WAF
Norway’s Morrow Batteries opens factory, plans first deliveries by year-end WAF
JSW MG Motor India’s CGO Gaurav Gupta On Accelerating Ev Adoption In India | Ft. Rahul Shrivastava
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USA
Stellantis CEO visits US to create plan to reverse lagging profit, sources say WAF
US transport safety board opens investigation into Tesla crash in California WAF
Ford slows EV plans, delaying pickup and axing three-row SUV, to cut costs WAF
Tesla issuing new recall for 9,100 Model X SUVs over trim issue WAF
Alphabet’s Waymo robotaxi unit doubles its paid rides in three months WAF
Uber hires ex-Tesla exec Rebecca Tinucci to oversee EV transition, memo says WAF
Stellantis delays investment plans for Illinois WAF
EV startup Rivian’s production chief joins Stellantis WAF
Trump says he may end EV tax credit; is open to naming Elon Musk as an adviser WAF
FTC sues Asbury Automotive, says it charged Black, Latino customers more WAF
Ford to recall about 85,000 vehicles due to risk of engine fire WAF
UAW union launches pro-Harris campaign to mobilize workers across US WAF
Stellantis shareholders sue automaker in US after disappointing earnings WAF
AFRICA
Hard-pressed Kenyan drivers defy Uber’s algorithm, set their own fares WAF
LATIN AMERICA
Chinese EV maker BYD eyes state incentives for Mexico plant WAF
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