AutomotiveMarket

Suzuki's India Division Accelerates Electric Vehicle Plans Amid Growing Competition

3 months ago

In a bid to strengthen its foothold in the burgeoning electric vehicle (EV) market, Suzuki's Indian subsidiary, Maruti Suzuki, is ramping up its efforts to produce battery-powered vehicles. The decision comes as the company aims to catch up with competitors and harness the immense potential of the EV sector in a rapidly evolving automotive landscape. Maruti Suzuki is set to unveil its first fully electric car during the upcoming Auto Expo 2025, which is anticipated to be a game changer in the Indian EV market.

Shock in the Automotive World: Tesla's Annual Shipments from Shanghai Experience First-Ever Decline

3 months ago

In a significant turn of events for the electric vehicle giant Tesla, the company has reported a notable drop in its annual shipments from its Shanghai plant, marking the first decline since its operations began in the region. This shift in trajectory comes as a surprise to both industry analysts and investors, who have closely monitored Tesla's performance in China, one of the key markets for the brand's global expansion.

Tesla Posts Its First Quarter of Vehicle Sales Growth This Year

7 months ago

Tesla Inc., the popular electric vehicle maker, announced it has just realized its first quarter of vehicle sales growth for the year 2024. It came after several backbreaking months that were defined by slow sales and economic uncertainty.