Gothenburg-based Volvo Car said on October 29 that their Initial Public Offering (IPO) was oversubscribed, ''as it attracted strong interests from the institutional investors'' in Sweden's Stockholm. Reportedly, the IPO was priced at 6.22 dollars per share, and the company wishes to distribute nearly 380 million new shares. Once shares are sold, the company will also use the money for its electric-only model line-up.
Bill Gates, who is in India shared a blog post and updates his fans and followers about his recent e-rickshaw ride. On March 6, Bill Gates posted a video of him driving a Mahindra e-rickshaw, Treo with Kishore Kumar and Manna Dey's classic '… read-more
TAGS: Bill Gates, Tech Mahindra, Viral video, Anand Mahindra, Mahindra E Rickshaw
The production of electric vehicles (EVs) in India will increase its reliance on China for raw materials, mineral processing, and battery production. The Global Trade Research Initiative (GTRI) stated that a life cycle impact analysis is required… read-more
TAGS: EVs, China, Market, Indian Automobiles, Production
An official of the Uttar Pradesh Metro Rail Corporation (UPMRC) confirmed the arrival of first metro train in Agra Metro Station. Notably, the yellow train will be the first train for the upcoming Metro Project in Agra, constructed by Yogi… read-more
TAGS: Agra Metro Station, metro train, Yogi Government, Automobiles, Indian Transport
An Indian-origin woman Roma Gupta (63) has died while her daughter Reeva Gupta (33) and the 23-year-old pilot instructor were injured in a small plane crash in the New York area. The incident occurred on March… read-more
TAGS: pilot, plane crash, Indian Origin Woman, Death, Demonstration Plane
Honda Cars India launched the much-awaited Honda City 2023 in India at a starting price of Rs 11.49 lakh. Starting from March 2, the new range-topping variant of the brand will go up to Rs 20.39 lakh. The 2023 City brand is being offered in City… read-more
TAGS: Honda 2023, Automobiles, Honda Cars India, Prices
Hyundai is all set to release a few models in 2023-2024, the company's Ai3 micro SUV will be based on the same platform that underpins the newly launched Grand i10 Nios and the Aura. The Micro SUV is expected to measure around 3.7-3.8 meters in… read-more
TAGS: Hyundai, Motors, Cars, Automobiles, INDIAN MARKET
