With an EV market share of 90 per cent in the east, the signing of this MoU makes for the biggest ever EV fleet order in the region.
Read MoreRecent announcement that group CEO Herbert Diess would be replaced by Porsche boss Blume has rekindled investor concerns about corporate governance problems at Europe's top carmaker, which some shareholders have said weigh on the stock's performance.
Read MoreThese 300 e-buses will be supplied on a Gross Cost Contract (GCC)/OPEX model basis for 12 years.
Read MoreA transition to a greener steel plant is the intention that we have But this is only possible with financial help from the government, said Natarajan Chandrasekaran, Tata Sons Chairman
Read MoreThe model will now have a starting ex-showroom price of ₹8.41 lakh (ex-showroom, Delhi)
Read MoreThe first eEconic trucks will be sold to a Danish waste disposal firm, with further deliveries planned this year, Daimler Truck said.
Read MoreOliver Blume, CEO of VW brand Porsche, will succeed Diess.
Read MoreIndia could electrify all two-wheelers currently on the roads and complete the electrification of public buses in five to seven years, CESL Managing Director Mahua Acharya said. Earlier this year CESL awarded a contract for 5,450 electric buses on behalf of five state governments.
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