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Hyundai Motor India IPO to open mid-October at valuation of around Rs 1.5 lakh crore

Hyundai Motor India IPO to open mid-October at valuation of around Rs 1.5 lakh crore

autherAutocar Professional Bureau     calendar03 Oct 2024

The price band is expected to be between Rs 1,825 and Rs 1,885 per share, implying a valuation of 27 times of estimated FY25 earnings, and a slight discount to Maruti Suzuki.

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ZEVO secures USD 2 million in pre-Series A
ZEVO secures USD 2 million in pre-Series A

autherAutocar Professional Bureau calendar03 Oct 2024

Zevo is in talks to raise USD 20 million by January 2025.

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Toyota to push back US production to 2025 due to slowing sales, notes Nikkei: Report
Toyota to push back US production to 2025 due to slowing sales, notes Nikkei: Report

autherAutocar Professional Bureau calendar03 Oct 2024

Production is now likely to begin in early 2026 rather than late next year, Toyota spokesperson Scott Vazin said.

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Ashok Leyland partners with Nidec to develop novel E-drive Motors for Commercial Vehicles
Ashok Leyland partners with Nidec to develop novel E-drive Motors for Commercial Vehicles

autherAutocar Professional Bureau calendar03 Oct 2024

Ashok Leyland and Nidec will work together to establish a Centre of Excellence (CoE) for Electric Drive Units.

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1 in 3 car buyers likely to buy electric vehicle: Survey
1 in 3 car buyers likely to buy electric vehicle: Survey

autherAutocar Professional Bureau calendar03 Oct 2024

While the 2023 festive season saw record car sales in the Indian market, driven by a 19% increase fuelled by pent-up d...

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Forging new alliances: Bharat Forge's strategic push into next-gen artillery
Forging new alliances: Bharat Forge's strategic push into next-gen artillery

autherAutocar Professional Bureau calendar03 Oct 2024

This partnership aims to explore the co-development and co-production of advanced artillery gun platforms, catering to...

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Skoda unveils Elroq electric SUV with over 560km range
Skoda unveils Elroq electric SUV with over 560km range

By Saptarshi Mondal, Autocar India calendar03 Oct 2024

It is an electric alternative to the ICE-powered Karoq

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Kylaq set to debut in India featuring Skoda's new lettermark logo
Kylaq set to debut in India featuring Skoda's new lettermark logo

By Sergius Barretto, Autocar India calendar03 Oct 2024

Skoda India dealership network will also be updated

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Leapmotor opens bookings in Europe for T03 city EV and C10 SUV
Leapmotor opens bookings in Europe for T03 city EV and C10 SUV

autherAutocar Professional Bureau calendar03 Oct 2024

Leapmotor’s entry into Europe is a strategic move designed to increase global sales of high-tech, cost-efficient Chine...

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Toyota to invest $500 million more in air taxi startup Joby Aviation
Toyota to invest $500 million more in air taxi startup Joby Aviation

autherAutocar Professional Bureau calendar03 Oct 2024

The investment builds on seven years of partnership and brings Toyota's total investment in Joby Aviation to $894 mill...

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MOST READ

POLL OF THE MONTH

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Will Legacy Players Be Able to Squeeze Out Startups from India's Electric 2-Wheeler Market?

Yes

 

70.86%

No

 

29.14%

Total Votes : 175