Articles for tag: Aiming, Electric, EQS, Growing, India, Landscape, Luxury, Markets, Maybach, MercedesBenz, SUV, Top, Unveils, Vehicle

September 5, 2024

Mercedes-Benz India unveils the Maybach EQS 680 SUV, aiming for top five luxury markets amid a growing electric vehicle landscape.

Mercedes-Benz India is focusing on expanding its Maybach brand, aiming to position India among the top five markets for Maybach sales. Recently, the company launched the all-electric Mercedes-Maybach EQS 680 SUV, starting at Rs 2.25 crore. CEO Santosh Iyer emphasized the brand’s strategic importance and projected growth potential in the luxury segment, highlighting that they ...

September 3, 2024

Market News

Business

India’s Car Tax Clash: Electric vs. Hybrid in Green Revolution

India plans to maintain a five percent tax on electric cars while keeping a high tax of 48 percent on hybrid vehicles for the foreseeable future, according to G20 Sherpa Amitabh Kant. Major car manufacturers like Maruti Suzuki and Toyota have called for lower taxes on hybrids, arguing that electric vehicles alone cannot reduce emissions ...

September 2, 2024

Market News

Business

Delhi’s ‘Pollution Warriors’: Gahlot Champions Electric Vehicles for Gig Workers

Delhi’s Transport Minister Kailash Gahlot addressed gig workers at an event hosted by Zomato and Blinkit, referring to them as ‘Pradushan Yodha’ or ‘warriors against pollution.’ He recognized their crucial role in the economy, emphasizing their efforts in delivering essentials quickly. Gahlot urged delivery partners to embrace electric vehicles (EVs) to combat pollution in the ...

August 31, 2024

Market News

Business

Electric Boats Set Sail: Enhancing Spiritual Journeys in Ayodhya and Varanasi

The Uttar Pradesh government is enhancing religious tourism in Ayodhya and Varanasi by introducing electricity-powered boat rides and adventure water activities. Four specialized electric boats will soon begin operations in both cities. In Ayodhya, one air-conditioned boat with 50 seats and two non-air-conditioned boats with 30 seats each will be launched on the Saryu River ...

May 16, 2024

Market News

Business

Honda plans to invest $65 billion in building seven new electric vehicles

Japanese automaker Honda has announced plans to invest a whopping $65 billion in the development of seven new electric vehicles. The company aims to expand its electric vehicle lineup as part of its commitment to sustainable transportation. This massive investment reflects Honda’s commitment to innovation and environmental responsibility. Click to Claim Latest Airdrop for FREE ...

May 13, 2024

Market News

Business

Big News: Biden to Completely Tax Chinese Electric Cars!

President Joe Biden is poised to impose 100% tariffs on Chinese electric vehicles this week as part of ongoing trade negotiations between the two countries. The move is expected to impact the growing Market for EVs and could have far-reaching consequences for both American consumers and the global automotive industry. Stay tuned for updates on ...

May 13, 2024

Market News

Business

Compact Chinese electric car poses major challenge to American auto industry

A compact, high-quality electric vehicle from China is causing concern for the US auto industry. Despite its small size, this Chinese EV is proving to be a formidable competitor, raising fears of increased competition for American car manufacturers. With its sleek design and advanced technology, this electric vehicle is making waves in the Market and ...

May 12, 2024

Market News

Business

Want to win the electric car race? Focus on EV innovation, not tariffs on China

The ongoing trade tariffs imposed on China may not be the most effective way to secure victory in the electric vehicle (EV) arms race. Instead, focusing on developing and investing in EV technology is crucial for staying ahead in the Market. Efforts to prioritize EV innovation and production will ultimately determine success in the competitive ...

May 12, 2024

Market News

Business

China’s Electric Vehicle Industry Expands Globally Despite Western Trade Barriers

China’s booming electric vehicle (EV) sector is venturing into offshore markets, undeterred by increasing protectionist measures in the West. Despite challenges posed by global trade tensions, Chinese EV companies are seizing opportunities to expand their presence globally. As they navigate through changing trade dynamics, Chinese EV manufacturers are forging ahead with innovation and technology advancements ...

May 11, 2024

Market News

Business

President Biden to Maintain Trump’s Tariffs on China, Introduces New Tariffs on Electric Vehicles: NPR

President Biden has announced his plans to maintain the existing tariffs on Chinese imports put in place by the Trump administration. Additionally, he will be adding tariffs on electric vehicles as part of his strategy to address trade imbalances with China. This decision by the Biden administration aims to promote domestic manufacturing and innovation in ...