Author
The author is a Principal Correspondent at BW Businessworld.
Tesla Inc., which was initially planning to import cars from China due to lower import duties and logistical factors, may now resort to its earlier plans of shipping in products from its mother facilities in the US
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The Delhi-based startup is now training its guns heavily on vehicle financing of Commercial vehicles especially green and environment-friendly ones.
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Initially pilot tested as ‘Smart Finance’ for Nexa Channel of customers with three financiers, Maruti Suzuki Smart Finance (MSSF) has now been metamorphosed itself into 'Electronic Finance Marketspace Platform'
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The Orders for the Kushaq will begin from June 2021 and the deliveries will commence in July’21.
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Bicycle manufacturers Ahoy Bikes has set up a dedicated greenfield facility in Haryana with a monthly capacity of 10,000 units and it plans to double the output in a phase-wise manner
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Covid-19 has further accelerated interest in subscribing to a vehicle with some people becoming wary of ride hailing and sharing services.
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Tesla is looking at not just selling cars in India but also gain volumes in the long run. The one model which will give it the maximum numbers would be its upcoming, least priced model from its global portfolio.
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While turbulent market conditions, credit squeeze, GST rates, EV push by the government were already dampening the fortunes of the low-volume- model, the implementation of BS-VI emission norms in April’20 has proved to be the final nail in the coffin for several aging, outmoded and struggling models.
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While interacting exclusively with BW Businessworld, the Chairman of OSM reveals that the company will adopt a farm-to-fork strategy with its product lines. Below are the edited excerpts:
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The German auto component major aims to take rapid strides to enable intelligent commercial vehicles, which includes an industry-first autonomous trailer coupling function and energy-saving truck-trailer combination.
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