Business

In an effort to boost morale, a Chennai-based company gives 28 cars to employees, including a Mercedes Benz

A Chennai-based company has adopted an innovative approach to enhance its employees’ productivity by offering a unique reward system. Team Detailing Solutions, a structural steel design and detailing company, recently gifted 28 cars and 29 bikes to its employees as a gesture of appreciation for their dedication and hard work. The vehicles included a range…

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Tesla Sends Out Invites for ‘We, Robot’ Event, Set to Show New Robotaxi

Tesla is gearing up for the highly anticipated unveiling of its Robotaxi at a special event set to take place this week in Southern California. Invitations have already been sent out, with Tesla emailing tickets for the “We, Robot” event on Tuesday to various recipients, including Teslarati. The event will be hosted at the Warner…

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In September, Honda overtook Hero as the country’s largest two-wheeler manufacturer

Honda Motorcycle and Scooter India Pvt. Ltd. (HMSI) has surpassed Hero MotoCorp Ltd. in retail sales, emerging as the leading two-wheeler manufacturer in India just ahead of the crucial festive season. In September, HMSI sold 62,537 more motorcycles and scooters than Hero MotoCorp, securing a market share of approximately 27.73%, according to data from the…

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Rear-view Camera Glitch is the reason behind Tesla’s fifth Cybertruck Recall

Tesla has issued yet another recall for its Cybertruck, affecting over 27,000 units. This marks the fifth recall for the electric truck within the last year. The recall was prompted by the National Highway Traffic Safety Administration (NHTSA), which identified a delay in the rear-view camera’s display. According to the official recall notice, the camera’s…

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Joby Aviation Receives $500 Million from Toyota for 2025 Commercial Air Taxi Launch

Toyota is making a significant additional investment of $500 million into Joby Aviation, a startup focused on developing air taxis. This new funding will support Joby’s efforts in gaining certification and ramping up commercial production of its electric vertical takeoff and landing (eVTOL) aircraft. Toyota’s total investment in the California-based company now reaches $894 million,…

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Bookings for the new Kia Carnival limousine will open on September 16

Kia India is gearing up to launch its highly anticipated new Carnival Limousine on October 3, 2024, alongside its flagship electric SUV, the EV9. Kia has already announced that pre-bookings for the luxurious MPV will begin on September 16, 2024. Customers can secure their bookings with a minimum deposit of Rs. 2 lakh either through…

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The YoloBus electric bus is EaseMyTrip’s first foray into electric bus manufacturing

EaseMyTrip, the online ticket booking platform, has announced its entry into the electric bus manufacturing sector with the launch of a new subsidiary, Easy Green Mobility. In an official stock exchange filing, the company revealed that Easy Green Mobility will focus on producing electric buses, while another EaseMyTrip subsidiary, YoloBus, will handle operations. EaseMyTrip plans…

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To counter a slump in sales, Maruti Suzuki cut prices for its Alto K10 and S-Presso models

Maruti Suzuki has recently reduced the prices of its popular hatchbacks, the Alto K10 and S-Presso, in response to a slowdown in sales that has affected not just Maruti but the broader automotive industry in India. Dealer inventories have been building up as the festive season begins, and the automaker is under pressure to move…

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