Automobile companies, car launches, urban mobility, and India's auto industry news.
Moving Tech Innovations, the parent company of Namma Yatri, has expanded into the European market through the acquisition of Automicle, a mobility startup based in the Netherlands. No information on the deal's financial details was made public. The acquisition will allow the firm to expand its zero-commission mobility
Moving Tech Innovations has acquired Netherlands-based Automicle, marking Namma Yatri’s entry into Europe. The deal expands its zero-commission mobility model globally, aiming to build open, city-first transport systems and strengthen India–EU collaboration in sustainable urban mobility.
Intercity bus ticketing services in India have been launched by ride-hailing firm Uber in partnership with ixigo's bus business AbhiBus. This marks the first international market for intercity travel provided by Uber. Users of Uber will be able to find and compare bus choices with AbhiBus' end-to-end
As the British luxury carmaker struggles with US import taxes, weak demand in China, and growing financial hardship, Aston Martin plans to lay off up to 20% of its personnel. On February 25, the corporation announced that the layoffs, which will impact nearly 3,000 workers, should result in yearly
New measures announced with President Emmanuel Macron's trip to India this week are anticipated to deliver new deals for French companies. On 18 February, French car parts maker Valeo outlined intentions to grow its sales in India. Valeo announced plans to spend over 200 million euros ($237 million)
Union Home and Cooperation Minister Amit Shah officially launched Bharat Taxi on Thursday, February 5, 2026, marking a significant shift in India's burgeoning ride-hailing industry. Positioned as the nation's first cooperative-based platform, Bharat Taxi aims to empower drivers by transforming them into co-owners, thereby challenging the
Uber is targeting a business transportation market in India that it believes may grow to $13 billion by 2030, going beyond just individual riders. The massive ride-hailing company is wagering that transporting office workers to factories, IT parks, and global capability centres will provide the size and steady demand that
In an effort to establish itself as a domestic substitute for app-based taxi aggregators like Uber and Rapido, India's first cooperative-based taxi service, Bharat Taxi, is scheduled to launch in the nation's capital early next year. According to government sources, over one lakh drivers have already
India’s startup and business ecosystem remained active on 15th December 2025, marked by early-stage funding momentum and strategic moves by industry leaders. Kids-focused resale platform IPF, legal-tech startup Lawyered, and D2C watch brand Rotoris collectively raised fresh capital to scale technology, expand operations, and strengthen market presence. Alongside startup
Wheels India announced on 15 December that it and Japan's Topy Industries have inked a technical assistance agreement for the design, development, and production of aluminium alloy wheels. According to a statement from the company, Topy will contribute engineering support and technical expertise to improve Wheels India'
In order to improve the nation's whole EV ecosystem, Maruti Suzuki India intends to localise battery manufacture and other essential components over the coming years. In an effort to boost the EV ecosystem as a whole, the firm intends to inspire confidence in consumers by introducing its first
In order to boost long-term sales in India, American electric vehicle manufacturer Tesla stated that it is considering creating an ecosystem for electric automobiles there. Since beginning deliveries earlier in September of this year, the business has sold 109 vehicles. To speed up the adoption of EVs, it plans to
The amalgamation plan, which combines Suzuki Motor Gujarat with its parent company, Maruti Suzuki India, the biggest automaker in the nation, has been authorised by the National Company Law Tribunal (NCLT). The joint petition filed by Suzuki Motor Gujarat Pvt Ltd (transferor company) and Maruti Suzuki India Ltd (transferee company)
As the US automaker revives a plant it closed four years ago, Ford Motor Company intends to invest roughly INR 3,250 crore ($370 million) in India to produce new engines, according to a report by Bloomberg. According to a source who asked not to be identified because the plans
According to officials, starting in December, green taxes would be collected from cars travelling from other states to Uttarakhand. Officials say the decision is intended to keep the state clean, safeguard the environment, and limit pollution. This tax will start to be collected in December. ANPR Cameras to Act as
IndiGo airline stated on October 18, 2025, that it has placed a definitive order to purchase 30 more A350-900 aircraft from Airbus in order to expand internationally. With more than 400 aircraft in its fleet and more than 900 on order, the airline has been expanding its worldwide operations. According
In a recent viral LinkedIn post, Arjun Vaidya, co-founder of V3 Ventures and former founder of Dr. Vaidya's, highlighted a growing trend in the automotive industry: the software-as-a-service (SaaS) approach to car features. Vaidya shared how he came across a YouTube review of the new Mercedes electric sedan.
'Aapli ST' is a new mobile application that the Maharashtra State Road Transport Corporation (MSRTC) has released to let people commute more conveniently and easily. The software helps commuters avoid lengthy waits at bus stops by providing real-time bus location information. The app's Passenger Information System
India’s startup ecosystem continues to see strong investor interest as funding rounds, corporate developments, and product launches shape the market. Today’s roundup covers major funding announcements from Petpooja, Hocco, Kapiva, and Plazza, along with emerging AI and mobility startups. Additionally, YouTube has launched its Premium Lite plan in
Tata Motors appoints Shailesh Chandra as MD & CEO and Dhiman Gupta as CFO from October 1, 2025. Chandra, an EV and strategy expert, will lead the company through growth and challenges, including JLR’s cyberattack disruptions, while continuing his role in electric mobility.
Dubai might launch its commercial driverless taxi services by early 2026. The Dubai World Congress and Challenge for Self-Driving Transport...
The cyberattack halted JLR production, resulting in weekly losses and an overall loss of £2 billion, which indirectly impacted Tata Motors' share price by...
IPO Subscription Opens on 30th September and Closes on 3rd October Zelio E-Mobility, a rapidly expanding electric two and three-wheeler manufacturer that has been doubling its growth year-over-year, today announced its ₹78 crore SME IPO - a move that signals not just expansion, but a bold declaration of intent in
In an effort to establish the nation's first international phone brand, London-based smartphone manufacturer Nothing, which is well-known for its transparent device designs, is increasing investments in India and focusing on young people in the most populous country in the world. On September 25, the unicorn firm revealed
Swiggy exits Rapido, selling its 12% stake for INR 2,399 crore as the bike-taxi startup enters food delivery. What led to this major move, and how will it reshape India’s food and mobility market?
The domain name "blu-smart.com" of the now-defunct electric ride-hailing business BluSmart is for sale. A cursory examination of the BluSmart website showed that users are taken to a parked page indicating that the domain is available for purchase. The development follows a string of issues that the
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Harshavardhan Chitale is set to join Hero MotoCorp, India’s largest two-wheeler maker, as the company’s new CEO effective from January 5, 2026. The decision was finalized at a board meeting on September 8, 2025, and disclosed in regulatory filings with the National Stock Exchange and BSE. He will
Vutto, the platform reshaping how India buys and sells used two-wheelers, has raised $7 million in Series A funding led by RTP Global, with participation from existing investor Blume Ventures. Driven by the mission to make personal mobility accessible and affordable for the masses, Vutto is a full-stack platform offering
According to Uber CEO Dara Khosrowshahi, Rapido has surpassed Ola in the category and is now the company's fiercest rival in India. "Ola used to be our biggest rival. Rapido is, in my opinion, the more formidable rival in India right now. They aggressively entered the two-wheeler
According to reports, the Maharashtra State Road Transport Corporation (MSRTC) will introduce a passenger app that is based on an aggregator and will provide transport services on a single platform. One App, Multiple Rides: Buses, Autos, Taxis & E-Buses According to PTI, the app would let users schedule rides for
India's auto industry is clearly changing due to trends in urban consumption, fiscal consolidation, and unequal rural recovery. With trends shifting every quarter, the third-largest auto market in the world is also one of the most volatile. According to a recent study, the first quarter of FY 2025–
Tata Motors is currently negotiating the purchase of Iveco, an Italian truck manufacturer. The Agnelli family, the primary shareholder of the brand, will be the recipient of 3.8 billion euros (approximately $4.3 billion) in the transaction, which will establish a global participant in the commercial vehicle industry with
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For nearly a century, the name Bentley has been associated with unmatched performance and exquisite craftsmanship in the automotive sector. The company was established on July 10, 1919, by the visionary W.O. Bentley, and it has made an enduring impression on the luxury automobile industry. When you catch sight
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Rolls-Royce, established in 1904, is a British luxury automobile manufacturer renowned for its exceptional cars and esteemed brand image. Each vehicle is meticulously handcrafted by a team of skilled artisans, engineers, and technicians, embodying the pinnacle of opulence and engineering excellence. With a rich history and iconic models, Rolls-Royce has
The Directorate General of Civil Aviation (DGCA) has type certified Amber Wings, a sister company of Chennai-based air mobility startup The ePlane Company, for their hybrid cargo drone. Amber Wings says this makes them the first Indian firm to get their hybrid cargo drone approved. Companies must apply for type
With the launch of its first dealership in Mumbai's Bandra Kurla Complex, Tesla has made its debut in the Indian market. The Model Y, which will be priced at INR 59.89 lakh for the entry-level RWD form and INR 67.89 lakh for the long-range variant, will
In order to provide smooth first- and last-mile connectivity for commuters, the Bengaluru Metropolitan Transport Corporation (BMTC) and Bangalore Metro Rail Corporation Ltd. (BMRCL) have now opened up their transport data, enabling two apps, Namma Yatri and Tummoc. For more than ten years, this requirement has been in place. Users
The Maharashtra government is once again targeting ride-hailing services like Uber, and this time for its bus service. Pratap Sarnaik, the transport minister of Maharashtra, reportedly vowed a crackdown on Uber Shuttle and other aggregator bus operators for failing to obtain a government permit for the service, a week after
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Bayerische Motoren Werke AG, or BMW, is a German multinational corporation that produces luxury vehicles, motorcycles, and engines. The company was founded in 1916 as a manufacturer of aircraft engines and later expanded into motorcycle and automobile production. BMW’s history is one of innovation, design, and performance. The company’
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The used automobile industry in India has grown within the past ten years. People favor used cars over brand-new ones. Why? Buying a used automobile not only saves money but also eases your concerns about tiny dings and scratches! For entrepreneurs in this market, the increase in demand for secondhand
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Are you passionate about cars, bikes, or anything that runs on wheels? If you enjoy repairing vehicles or making them look brand new, it's time to turn that passion into a profitable business opportunity. India’s fast-growing automotive industry isn’t just about making and selling vehicles anymore.
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India, with its booming middle class, massive population, and one of the fastest-growing economies in the world, has always been a dream destination for global brands looking to expand their footprint. From food chains and fashion retailers to automobile giants and tech players, the lure of tapping into over a
According to reports, the Karnataka state government has no intention of revising its March 2024 ruling banning bike taxi activities, despite the state's imminent prohibition on the service. The Karnataka High Court has extended the deadline for stopping bike taxi services till June 15; however, the prohibition is
The Indian automobile market witnessed a big shake-up in April 2025, with Mahindra & Mahindra and Tata Motors surpassing Hyundai in car sales. While Maruti Suzuki remains firmly in the lead, the real news this month is that Hyundai dropped out of the top three. Mahindra, for its part, notched
In an attempt to avoid numerous charges piling on top of one another, a White House official announced on April 28 that imported cars would also be exempt from separate tariffs on steel and aluminium.
The Bengaluru-based ride-hailing startup Rapido has started to test a feature that allows users to book non-air-conditioned cabs at lower rates. Currently available in beta form, the feature gives users the choice of fare plans for two types of cars, one with an AC and one without. Despite this being
Renault is doubling its commitment to the Indian market. The auto manufacturer is poised to unleash five new models over the next two years as part of a reinvigorated strategy of expansion and localization. By taking complete control of its Indian manufacturing operations, through the acquiring of all shares in
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The Automobile industry in India is on the upswing due to the surge in the economy and technology. They have opened the gates for many startups and business ideas to flourish. Car care businesses will continue to grow at a faster rate than the overall economy. Forward-looking indicators suggest there
Nearly six years have passed since the EV ride-hailing firm first joined the market in 2019. A plan to start moving BluSmart's current fleet to Uber in the coming weeks has been authorised by the company's owners.
The ride-hailing behemoth rolls out a specialized service to guarantee that safe and dependable transport awaits adolescents.
Royal Enfield crosses record 1 million sales milestone in FY 2025. An icon in the motorcycle industry, Royal Enfield has hit a very big sales milestone in the financial year 2025. The company crossed the 1 million mark, recording a total of 10,09,900 units sold for the year.
Volvo Cars has brought back Håkan Samuelsson as CEO, replacing Jim Rowan. Samuelsson, who led Volvo from 2012 to 2022, will take charge for two years. His return comes as Volvo faces high U.S. tariffs, slow electric vehicle (EV) sales, and financial struggles. The leadership change aims to steady
India is unlikely to suffer much from the 25% tax on automobiles and auto parts. MEMA, the Motor Equipment Manufacturers Association of the USA, stated that auto parts tariffs will go into force "no later than May 3, 2025". It further stated that automobile tariffs would go into
BluSmart Mobility has seen several high-profile exits and is currently going through a significant operational reorganisation to strengthen its financial stability. As per the recent reports in the media, its Vice-President Priya Chakravarthy, Chief Business Officer Tushar Garg, Chief Technology Officer Rishabh Sood, and Chief Executive Officer (CEO) Anirudh Arun
Hero MotoCorp, India’s largest two-wheeler maker, is making a major move into the electric vehicle (EV) space. The company has announced an investment of INR 525 crore (over $60 million) in Euler Motors, an electric three-wheeler startup. With this investment, Hero will acquire a 32.5% stake in Euler
* With a top speed of 105 km/h and acceleration from 0 to 40 km/h in just 2.55 seconds in Sonic mode, the Simple OneS stands as the quickest and longest-range electric scooter in its price category * The vehicle is powered by an 8.5kW PMSM motor and
Tata Motors has begun testing hydrogen-powered heavy-duty trucks for the first time. This development is aligned with India's goal of having net-zero emissions by 2070. The Union Minister of Road Transport & Highways, Nitin Gadkari, and the Union Minister of New and Renewable Energy, Pralhad Joshi, officially launched
A concept that formerly appeared to be science fiction is now progressively approaching reality, facilitated by an innovative partnership between Indian Railways and IIT-Madras. Railway Minister Ashwini Vaishnaw recently declared that the ministry will collaborate with a distinguished institute to create advanced Vertical Take-Off and Landing (VTOL) vehicles, which could
Elon Musk-led electric vehicle manufacturer Tesla is allegedly finalising two locations for its showrooms in Delhi and Mumbai, marking another milestone in the company's efforts to establish a foothold in India. According to sources cited by an international news agency, the company has decided on locations for its
Triptronic is a cutting-edge app developed by Aravam Tech Solutions Pvt Ltd to meet the increasing need for tech-driven, eco-friendly, and effective employee transportation solutions for companies. During the launch ceremony, the brand demonstrated how Triptronic combines electric vehicles, cutting-edge technology, and real-time updates to provide a holistic solution catered
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Company Profile is an initiative by StartupTalky to publish verified information on different startups and organizations. With high fuel prices and global warming becoming a major thing, the era for electric vehicles is here. People aren't aware and assume that electric vehicles are a recent invention, but in
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A good transportation system is a must for the development of any country. However, most of the modes of transportation we are using today are damaging our environment and causing severe air pollution. Air Pollution has become a matter of serious concern in most of the cities of India, and
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India's most valuable unicorn is a transformed ride-hailing firm called Ola, with Bhavish Aggarwal and Ankit Bhati establishing the company way back in 2010 through a new approach and bold strategy in marketing. It later on became the top app out of several ride-hailing applications that appear in
Bengaluru (Karnataka) [India], January 28: Aexo Aerospace, a pioneering Indian startup, is set to redefine Urban Air Mobility (UAM) with the launch of its innovative Electric Vertical Takeoff and Landing (eVTOL) technology. Headquartered in Bangalore, Aexo Aerospace focuses on revolutionizing the future of mobility by creating safe, sustainable, and efficient
Capital-rich transportation giant Rapido has revealed aspirations to grow from its existing presence in 120 locations to 500 nationwide. According to a statement from the firm, the growth plan will begin in February and be implemented progressively in several phases, with the goal of meeting the various transportation demands of
In an effort to tackle the issues facing the car rental industry, Droom has launched its new product, Droom Rental. The company, which is celebrating its tenth anniversary, announced the addition of a new category that employs technology and artificial intelligence to provide over 25,000 cars in over nine
Tata Consultancy Services (TCS), a world leader in IT services and digital transformation, has announced a strategic alliance with The ePlane Company, a pioneer in compact flying electric taxis and urban air mobility solutions, to revolutionise urban mobility. The collaboration intends to take advantage of TCS's proficiency in
Supported by former Tesla Chief Information Officer Jay Vijayan, Tekion is an automotive software platform that has relocated to a larger, modern facility in Bengaluru. According to a January 6 press release, the cloud-native platform that supports the automotive retail ecosystem also intends to hire over 300 experts in product,
Through its app, used car marketplace Cars24 has introduced Car24 Driving School, a discovery engine for finding local driving schools. According to a media report, the new offering was introduced two weeks ago and is accessible in a number of locations, including Bengaluru, Chennai, Mumbai, Ahmedabad, and Delhi NCR. The
Ayush Mathur, an early team member of the hotel and travel-tech company OYO, and Mayank Kumar, an education leader and co-founder of upGrad, have joined forces as co-founders to develop BorderPlus, a talent mobility platform that links blue-collar workers to opportunities throughout the world. After working at the Parthenon Group
Air India CEO Campbell Wilson announced on January 1 that the airline, which ordered 100 additional planes at the tail end of 2024, will undergo massive expansions and boost its worldwide coverage in 2025. In his New Year's greetings, Wilson announced that the Air India Group fleet has
There has been a dramatic change in the competitive landscape of India's two-wheeler electric vehicle (EV) market, with Bajaj Auto surpassing Ola Electric in December 2024 to become the dominant competitor. The government's Vahan portal reports that Bajaj Auto's market share in the two-wheeler
On December 26, Union Consumer Affairs Minister Pralhad Joshi ordered the Central Consumer Protection Authority (CCPA) to conduct a thorough investigation into the discrepancy in taxi fares that ride-hailing platforms display simultaneously on Android and iOS devices for identical rides. This was in response to a media report about the
The top car-sharing platform in India, Zoomcar Holdings, Inc., has announced the introduction of Zoomcar Cabs, a pilot program in Bengaluru that offers commercial vehicles with qualified drivers at the most competitive rates. This move into chauffeur-driven services, which builds on Zoomcar's successful self-drive products, demonstrates the company&
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From its beginnings as a locomotive manufacturer, the company has evolved into a diversified player producing automobiles, buses, trucks, defense vehicles, and electric cars. Renowned for its innovative spirit, Tata Motors has consistently delivered world-class solutions tailored to meet the diverse needs of its customers. With a strong manufacturing base
Wardwizard Innovations & Mobility, an electric vehicle manufacturer based in Vadodara, stated on 13 December that it anticipates e-three-wheelers to account for roughly 30 to 35 percent of its future sales volume. Additionally, the business stated that it hopes to sell up to 42,000 units by the end of
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Established in 1967, the South Korean conglomerate has expanded its footprint across the world, with a presence in over 200 countries. Hyundai’s commitment to excellence is reflected in its diverse product range, which includes compact cars, sedans, SUVs and cutting-edge electric and hybrid vehicles. Known for its emphasis on
In a significant indication that the Elon Musk-led electric vehicle maker has begun reconsidering its entry into the Indian market after postponing its investment plans in the nation earlier this year, Tesla has resumed its search for showroom space in New Delhi. At first, Tesla was searching New Delhi for
According to data from market intelligence platform Redseer, sales of electric vehicles (EVs) are expected to reach 22 million units by 2030, having grown rapidly from 0.8 million units in 2023. In order to target this segment, on 27 November, Honda Motorcycle & Scooter India (HMSI) unveiled the Activa
To offer an alternative to commercial platforms, the Telangana Gig and Platform Workers Union (TGPWU) has demanded the creation of a government-run ride-hailing app. Additionally, it called on the government to establish a Welfare Board to provide equitable salaries, social security benefits, and open fare regulation, as well as to
A new collaboration between T-Hub, India's top startup incubator, and DENSO, a Japanese automotive technology company, was recently announced by the Telangana government. In keeping with the state's goal of becoming a leader in cutting-edge, environmentally friendly automotive solutions, the Telangana government said that this partnership
New Delhi [India] November 7: Bacancy Systems, a rapidly growing provider of embedded solutions and e-mobility technology, is proud to announce its entry into the railway electronics and power electronics sectors. As part of this strategic expansion, Bacancy is positioning itself as a key player in delivering cutting-edge solutions for
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CarTrade Tech began its journey in 2000, originally incorporated in Mumbai as Kaymo Fastener Company Private Limited. Over the years, the company evolved and rebranded, first becoming MXC Solutions India Private Limited in 2009 and later transitioning to CarTrade Tech Private Limited in 2021. Beyond its business operations, CarTrade Tech
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Bengaluru is infamous for its traffic, often turning even the simplest commute into a test of patience. But in a potentially game-changing move, Bangalore International Airport Limited (BIAL) has teamed up with Sarla Aviation to bring a futuristic travel solution straight out of a sci-fi movie. This partnership aims to
The Ministry of Heavy Industries (MHI) has been approached by Hero Electric to resolve ongoing disputes and release pending electric vehicle (EV) subsidies, according to officials who briefed the media. The manufacturer of electric motorcycles has committed to paying fines for any infractions or noncompliance. Hero Electric has contacted the
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This article has been contributed by Muskan Kakkar, COO and Co-Founder, GoMechanic. Customer experience is what sets an automotive service business apart. An automotive industry continues to rapidly evolve with rising tech and personalization dependences to compete and address customer needs. This guide provides action-based strategies, together with real-world examples
Uber and Shadowfax have partnered to combine UberMoto, the ride-hailing platform's bike-taxi service, with Shadowfax's two-wheeler fleet. During lean hours of work, two-wheeler riders servicing IPO-bound Shadowfax will have the option to switch to UberMoto and offer bike-taxi services. Uber said in a statement that the
Karnataka, the southernmost state of India, intends to reduce taxes and provide financial incentives to companies in the clean mobility sector. This includes a substantial tax reduction for hybrid vehicles, which will be advantageous for Toyota, according to a draft document from the state government. The state of Bengaluru, which
New Delhi [India], September 23: A new player has entered the world of aviation and yacht management with the official launch of Sandhill Chariot, a cutting-edge Indo-Malay startup headquartered in Kuala Lumpur, Malaysia. The company aims to bridge the gap between Southeast Asian and Indian markets by offering premium services
MeraCars, an innovative automobile tech startup, is rapidly solidifying its position as a key player in Kerala’s used car market. Launched by TeamTech, the company has quickly gained traction through its MeraCars Partners app, which has already onboarded over 200 dealers during its pre-release phase. This significant milestone underscores
Hero MotoCorp, an Indian company, is planning to make its debut in developed markets by introducing electric scooters operating under the Vida brand. As per the company's plan, it will launch its brand in the UK, France, and Spain by middle of 2025. Hero is making its first
In preparation for the introduction of its first electric vehicle, a midsize SUV known as Concept eVX, which is scheduled to take place in January 2025, Maruti Suzuki India intends to install close to 25,000 electric vehicle charging stations. Aside from utilizing its more than 5,100 service centers
Manufacturers of both passenger and commercial cars have agreed to provide discounts for the purchase of new vehicles in exchange for the scrapping of older ones from purchasers who have a valid Certificate of Deposit, according to Nitin Gadkari, the Union Minister of Road Transport and Highways. This was revealed
According to reports, the ride-hailing app Namma Yatri, based in Bengaluru, is looking into entering the American market. An article in a well-known media outlet states that the firm is negotiating with various US unions in an effort to distinguish itself from industry heavyweights like Lyft and Uber. In addition,
At a time when customers in India are willing to spend more on high-end experiences, ride-hailing platform Uber is reintroducing its flagship product, Uber Black, to the nation. According to a media report, the service is set to be launched in the coming weeks, initially targeting certain areas in Mumbai.
In Delhi National Capital Region (NCR), Moving Tech Innovations, the parent company of Namma Yatri, has officially launched its new lifelong zero-commission cab service called "Yatri". The app, which provides community-driven travel solutions and is part of the ONDC Network, has seen substantial expansion with the introduction. Following
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The automotive industry is one of the world's largest and most complex industries, responsible for producing a vast array of transportation solutions that meet the diverse needs of consumers and businesses. This industry encompasses a wide range of activities, including vehicle design, manufacturing, distribution, sales, and maintenance, all
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Right now, India's car market is the fourth biggest globally. Nevertheless, the luxury segment only makes up 2% of the total because of the one-of-a-kind characteristics of the Indian market and the hefty import duties, which can reach 100%. Consequently, this makes it harder for luxury foreign automakers
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Becoming successful is not a random occurrence. Being prepared is key when opportunities arise; this was also true for Honda, a business that revolutionized the motorcycle industry. Introduces gearless four-stroke scooters to the market. The company is captivated by the incredible growth. The majority of participants were suspicious of the
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Automobile manufacturers have been stepping up their technological game to become industry leaders in electric vehicles ever since the notion was first presented globally. As a result of Tesla's success, worldwide corporations are racing to be the first to cash in on this industry's promising future.