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auto companies

42 percent increase in profit of TVS, the company earned 434 crores

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42 percent increase in profit of TVS, the company earned 434 crores

TVS Motor Company The consolidated net profit of the company for the first quarter of the current financial year ending June 30, 2023 has increased by 42 percent to Rs 434 crore. The company’s profit has increased due to strong sales. The company had earned a net profit of Rs 305 crore in the April-June … Read more

Explainer: ‘Battery war’ begins among auto companies in India, Tesla is seeking special treatment from the government

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Explainer: 'Battery war' begins among auto companies in India, Tesla is seeking special treatment from the government

New Delhi : The ‘Battery War’ has started among the auto companies for the manufacture of Advanced Chemical Cell (ACC) to be installed in Electric Vehicles (EVs) in India. Last Friday, the government invited bids for the second time under the Production Linked Incentive Scheme (PLI Schme) for the manufacture of batteries for electric vehicles. … Read more