Financial institutions typically offer car loans for up to 80% of the vehicle's on-road price, and some lenders offer 100% coverage. The loan-to-value (LTV) ratio determines the loan amount, and borrowers are responsible for the remaining cost.
Buying a home stands out as a critical financial choic...
India's electric vehicle sector achieved a historic milestone in 2023, with sales crossing 1.5 million units and year-on-year growth of 50%. However, EV penetration remains low due to range conces, high prices, and inadequate charging infrastructure. Dr. Waman Parkey, Partner and Head of Automotive ...
New Delhi: In an energy storage landscape that is constantly evolving and changing rapidly, the advent of solid-state batteries (SSBs) heralds a new era of possibilities, making them a major game changer. With increasing demand for improved performance and attempts to find safer energy storage solut...
Tata Motors plans to start production of electric vehicles at the Sanand plant in April, as it is acquiring the facility from Ford India. The company will start production of the Nexon EV and plans to introduce the Curvv EV and Harrier EV. Tata Motors aims to outperform the industry, targeting 5% gr...
Comprehensive policy on electric vehicle (EV) components, inclusion of commercial vehicles as incentives, clarity on goods and services tax (GST) on spare parts, and consistency on the policy front are the expectations of industry players from the upcoming interim Budget for switching from petrol/di...
The NCR and Adjoining Areas Air Quality Management Committee has canceled all GRAP Phase III measures, including restrictions on construction, demolition and movement of certain vehicles. However, the ban on the use of diesel generator sets for non-emergency work remains in effect.
NEW DELHI: The C...
Electric vehicle batteries must be carefully managed after use to prevent them from harming the environment. The solution to this problem can be "battery recycling" and "battery reuse" if the battery cells are carefully processed. This opens a platform where automobile and electric vehicle manufactu...
On January 17, Tata Motors unveiled the much-anticipated Tata Punch EV, a small SUV, with a starting price of Rs 10.99 lakh. Tata Motors said the vehicle's certified driving range is 315 km and 421 km in two variants. It can accommodate five passengers. The new electric car has a ground clearance of...
Leading automobile manufacturer Hyundai launched its Hyundai Creta 2024 in the Indian market on January 16, 2024.
The company brought the Hyundai Creta 2024 with a new look, a premium cabin, and new powertrain options. ADAS technology was also added as a novelty.
The Hyundai Creta was launched for...
