Articles for tag: Automotive, Crore, Facility, Future, Innovation, Jobs, Manufacturing, Motors, Nadu, Promising, Sustainable, Tamil, Tata, Unveils

September 28, 2024

Tata Motors unveils Rs 9,000 crore manufacturing facility in Tamil Nadu, promising 5,000 jobs and a sustainable future in automotive innovation.

Tata Motors Group has officially launched a new manufacturing facility in Panapakkam, Tamil Nadu, with an investment of Rs 9,000 crore. This state-of-the-art plant will focus on producing next-generation cars and SUVs for both the Indian and international markets. The facility, designed to have an annual capacity of over 250,000 vehicles, aims to create more ...

September 28, 2024

Market News

Business

Tata Motors unveils a ₹9,000 crore manufacturing facility in Tamil Nadu, promising 5,000 jobs and boosting local economy.

Tata Motors has officially commenced the construction of a new manufacturing facility in Tamil Nadu with an investment of ₹9,000 crore. This significant project, marked by a foundation stone-laying ceremony attended by Chief Minister M K Stalin and Tata Sons Chairman N Chandrasekaran, is located in Panapakkam, approximately 115 km from Chennai. The facility is ...

September 21, 2024

Market News

Business

General Motors recalls over 449,000 vehicles due to brake warning light failure, risking serious crashes, with free software updates available.

General Motors is recalling over 449,000 SUVs and pickup trucks due to a potential issue with the electronic brake control module software. The software may not display a warning light if there is a loss of brake fluid, which could lead to reduced braking performance and increase the risk of accidents. Affected models include the ...

September 18, 2024

Market News

Business

Nitin Gadkari unveils Revolt Motors’ electric bike, targeting global markets as India ramps up two-wheeler exports.

Union Minister Nitin Gadkari highlighted the significant potential for Indian electric two-wheeler exports, particularly to regions where traditional motorcycles are already in demand. At the launch of Revolt Motors’ new electric commuter motorcycle, he noted that half of India’s motorcycle production is exported, with established companies like Bajaj Auto and Hero MotoCorp leading the way. ...

September 17, 2024

Market News

Business

Revolt Motors unveils its affordable RV1 electric motorcycle, igniting fierce competition in India’s burgeoning e-motorbike market.

Revolt Motors has launched its first electric motorcycle, the RV1, priced at an introductory cost of Rs 84,990. This comes after competition from Ola Electric’s Roadster series, which starts at Rs 74,999. The RV1 is available in two battery options, offering a range of up to 160 km. Additionally, a premium variant, the RV1+, is ...

May 7, 2024

Market News

Business

Lucid Motors faces setback with Q1 loss, but exciting new Gravity SUV still on track for late 2024 launch

Lucid Motors has reported a significant drop in its stock value following a Q1 loss. Despite this setback, the company has confirmed that its highly anticipated Gravity SUV is still on track for a late 2024 launch. Lucid Motors remains confident in its ability to deliver cutting-edge electric vehicles to the Market, despite the challenges ...