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Tesla Completes One Year In India, Trails BMW, Mercedes-Benz And BYD

Tesla Completes One Year In India, Trails BMW, Mercedes-Benz And BYD

Tesla completed one year in India, selling only 486 cars, trailing rivals like BMW and Mercedes-Benz. Despite a Rs 9 lakh price cut on Model Y (now Rs 50.89 lakh), sales remain below expectations, highlighting challenges.
US producer prices fall sharply in June as energy costs retreat, but inflation risks persist

US producer prices fall sharply in June as energy costs retreat, but inflation risks persist

US producer prices fell 0.3% in June, the steepest monthly drop in over a year, driven by lower energy costs. Annual PPI rose 5.5%. However, inflation risks persist due to geopolitical tensions.
Lithium prices to decline further due to oversupply

Lithium prices to decline further due to oversupply

Market analysts predict lithium prices will decline further in 2026 due to oversupply and slow demand growth, impacting the industry outlook.
Tamil Nadu Power Consumption Reaches Historic Peak

Tamil Nadu Power Consumption Reaches Historic Peak

Tamil Nadu hit a historic power consumption peak of 472.263 MU, with demand above 21,500 MW, due to extreme heat. This highlights infrastructure pressure and the need for climate-resilient energy planning.
New CAFE III Norms Pave Way for Accelerated EV Adoption

New CAFE III Norms Pave Way for Accelerated EV Adoption

New CAFE III norms target accelerated EV adoption, offering OEMs 3-year compliance flexibility. EV penetration is projected to reach 8.8% by FY28 and 12.7% by FY30, despite reduced hybrid credits.
India retains IP rights for indigenous hydrogen train technology: Vaishnaw

India retains IP rights for indigenous hydrogen train technology: Vaishnaw

India secured IP rights for its indigenous 2,400 kW hydrogen train technology, enabling future exports. PM Modi flagged off the first 10-coach, 3,200 HP hydrogen fuel cell train in Haryana, marking a major green mobility milestone.
CAFE III norms signal faster EV shift in India while balancing automakers concerns: Nomura

CAFE III norms signal faster EV shift in India while balancing automakers concerns: Nomura

India's CAFE III norms signal faster EV adoption, balancing automaker concerns with flexible compliance. EV penetration is projected to hit 8.8% by FY28, 12.7% by FY30, supported by policy shifts and new derogation technologies.
New MG 7-Seater Electric SUV Coming Soon – 600km Range, XEV 9S Rival

New MG 7-Seater Electric SUV Coming Soon – 600km Range, XEV 9S Rival

JSW MG Motor India will launch a 7-seater electric SUV by August 2027, based on the ADAPT platform. It features a 69kWh battery, 210bhp motor, 600km range, and is priced at Rs 20-25 lakh. A PHEV variant is expected by Diwali 2026.
BluSmart Collapse Explained: What the EV Cab Pioneer Got Wrong—and Right

BluSmart Collapse Explained: What the EV Cab Pioneer Got Wrong—and Right

BluSmart's collapse stemmed from alleged Rs 262 crore fund diversion by co-founders, not the EV cab model. Despite this, BluSmart proved EV viability with 300M km. New players like Evera and Refex are now deploying hundreds of EVs.
Formosa Petrochemical's First-Half EPS Surges to NT$4.32, a 7-Year High; Refining Margins Expand to $30, Q3 Outlook Remains Strong

Formosa Petrochemical's First-Half EPS Surges to NT$4.32, a 7-Year High; Refining Margins Expand to $30, Q3 Outlook Remains Strong

Formosa Petrochemical's H1 EPS surged to NT$4.32, a 7-year high, driven by $30 refining margins. Stock soared 36% to NT$80. Q3 outlook remains strong with 87% refinery utilization and institutional target prices up to NT$90.

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