Under the approved scheme, the commercial vehicles business will be transferred to TML Commercial Vehicles Limited (TMLCV), which will be listed separately on the NSE and BSE. Meanwhile, the existing Tata Motors entity will retain the passenger vehicles business, including electric vehicles (EV), Jaguar Land Rover (JLR), and related investments.

These price increases are necessary due to increasing input costs and broader macroeconomic factors, according to the company.

Snapdragon Auto Day will also serve as a platform for industry leaders, OEMs, tier 1 suppliers and ecosystem partners to come together and experience the future of connected, software-defined vehicles.

Oben is targeting a $30 million Series B round later in 2025 to fund overseas expansion and increase manufacturing output.

This will be Maruti Suzuki’s first electric car in the Indian market

Hero continues to miss out on this segment, again.

The City Sport Edition will most likely be a cosmetic enhancement over the standard model.

The newly-established facilities feature comprehensive vehicle processing capabilities, accepting passenger cars, commercial vehicles, two-wheelers, and three-wheelers.

It produces 1250 bhp and comes with a hybrid powertrain and all-wheel drive.

This should help Hero position its upcoming electric scooter at a much affordable price.