Maruti Suzuki increases Ignis value up to 27,000 INR 2 hours ago
Car manufacturers have reached a domestic price calculation speed cap on the way to the PLI scheme of Rs 25,938 crore 7 hours ago
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Pushing the barriers to a cleaner, safer and more sustainable environment.
Infallibility of expansion dynamics
Getting out of uncertainties
The age of automobiles – Are we already in. . .
Continuing the crisis
On a recent earnings call, the company said that for its independent business in India, the automaker would meet its zero net debt target. However, in the case of foreign subsidiary Jaguar Land Rover (JLR), it said zero net debt targets. It would possibly not be achievable.
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Chetan Maini, co-founder and chairman of SUN Mobility, and India’s first electric car, Reva, aims to make $1 billion in profits by 2026 and raise a few hundred million dollars in equity and debt. The company is also looking before going public, but not immediately. Chetan aims to build a scalable and physically powerful peripheral electric mobility ecosystem, relying primarily on offering “battery as a service (BaaS) through exchange” and mobility as a service (MaaS) through electric vehicle leasing.
Satinder Bajwa, senior vice president and head of sales and visitor service, and Harish Lalchandani, vice president of marketing at Mahindra Automotive, have left the organization, 3 other people familiar with the matter said on condition of anonymity.