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TVS Motor Company is in talks with Abu Dhabi Investment Authority (ADIA), Goldman Sachs Group, and Carlyle Group for an investment in its electric vehicle (EV) arm, the Economic Times reported on Wednesday. The $300 million to $350 million investment (roughly Rs. 2,500 crore to Rs. 2,900 crore) would value TVS at about $3 billion … Read more
Swedish luxury carmaker Volvo Cars could go fully electric in India by around 2025, much ahead of its global target of becoming a full electric car company by 2030, a senior company official said on Tuesday. The company, which will launch the electric version of its SUV C40 in the fourth quarter of 2023, will … Read more
Reuters | | Posted by Singh Rahul Sunilkumar An Israeli-made electric vehicle designed to fly commuters on short trips far above streets overcrowded with cars has made its maiden unmanned flight, a milestone the developer says will help it reach the market in the next two years. The test-phase voyage may not look out of … Read more