The move was made in full consultation with the FIA and the promoters of both events.

The Terafab project is bound up with Tesla's development of its fifth-generation AI chip, known as AI5.

With domestic demand holding steady and supply conditions expected to improve, the industry is widely projected to breach the five-million annual sales threshold in FY27.

The Tesla Roadster has been in development for almost a decade but it may finally see the light of the day as it gears up for its global debut next month.

Kia Carens Clavis EV is currently available in three trims levels — HTX E, HTX, and HTX Plus — priced between ₹17.99 lakh and ₹24.49 lakh (both ex-showroom).

The Ferrari 849 Testarossa carries forward the same 849 Testarossa as the SF90 Stradale but offers more oomph.

The new BMW M 1000 R is expected to be priced northwards of ₹35 lakh (ex-showroom).

The court, in its verdict, noted that the two trademarks differ in pronunciation and overall structure, and are used to denote different technologies by the respective carmakers.

The announcement comes on the back of a solid financial quarter for Tata Motors' commercial vehicle division.

Upon launch in India, the Renault Bigster will lock horns with other three-row mid-size SUVs such as Tata Safari, Mahindra XUV 7XO, Hyundai Alcazar, and MG Hector Plus.