Tata Motors group has raised its investment outlay for FY25 to Rs 43,000 crore for new products and technologies, with its British arm Jaguar Land Rover absorbing the maximum share, according to a senior company official. In FY24, Tata Motors group had given a guidance of 3 billion pound investment for Jaguar Land Rover (about … Read more
Korean auto major Hyundai said it will continue to make strategic investments towards increasing production capacity, setting up new manufacturing units, introducing new products and technologies to strengthen its presence in the Indian market. Unsoo Kim, Managing Director, Hyundai Motor India, said, India is a “focal” market for the company. “As we look forward to … Read more
Byton”s North American headquarters in Silicon Valley, the United States. [Photo provided to China Daily] Carmaker chooses strategic positions as global digital mobility era dawns Chinese intelligent electric car startup Byton, which derives its name from “Bytes on Wheels”, has driven into the United States, with its North American headquarters in Silicon Valley having become … Read more