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Used car mkt sees price surge, SUV demand – ET Auto

Baua Electric

lakh, said Vinay Sanghi When Dilip Singh was looking to sell his seven-year-old SUV whose odometer had clocked nearly 1 lakh km, he was surprised to find that he managed nearly 70% of the cost of the vehicle. Used car marketers say the demand pull means a slightly older SUV is available for the price of a hatch. lakh from INR 3-3.5

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Ride-hailing startup BluSmart to raise INR 200 crore in new funding – ET Auto

Baua Electric

The firm had raised USD 25 million in a mix of debt and equity in January this year from Zurich-based climate finance firm ResponsAbility. BluSmart is also expanding to the Middle East market and is currently running a pilot in Dubai with some 100 Audi E-Tron SUVs and 130 drivers, Goyal said.

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Volkswagen to rebrand used car biz, plans future investments – ET Auto

Baua Electric

While it is satisfied with a presence in the fast growing SUV segment, it believes that Tiguan has done well, but it can definitely do better. Some work needs to be done on the SUV segment. On Thursday, the Volkswagen Group’s finance chief said it is in concrete talks about partnering up on passenger car production in India.

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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

GM Stock Chart: Yahoo Finance. On January 28 GM announced that it plans (aspires) to exclusively offer electric vehicles by 2035, ending production of its cars, trucks and SUVs with diesel- and gasoline-powered engines. in the last 12 months and 223.9% since the 2020 low on March 18 (as of February 5).

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