Featured Latest News

Alternative-Fuel Cars Outpace Petrol in India

By Uniquetimesorg September 7, 2026 0

Alternative-fuel passenger vehicles overtook petrol-powered cars in India for the first time in August, according to the Federation of Automobile Dealers Associations (FADA). CNG, hybrid and electric vehicles together accounted for nearly 42% of passenger-vehicle sales, compared with around 41% for petrol cars. The shift comes amid rising oil prices linked to the Middle Continue Reading

Featured Latest News

Hero MotoCorp to Raise Ather Stake to 32.8%

By Uniquetimesorg August 28, 2026 0

India’s Hero MotoCorp will increase its stake in electric scooter maker Ather Energy to 32.8% by purchasing additional shares worth up to ₹17.58 billion ($184 million). The shares will be acquired from an existing Ather stakeholder, whose identity was not disclosed. Hero MotoCorp, which is already Ather’s largest shareholder, held a 29.88% stake as of […]Continue Reading

Featured Latest News

SAIC to Sell Additional 10% Stake in JSW MG Motor India

By Uniquetimesorg May 29, 2026 0

Chinese automaker SAIC Motor is set to sell an additional 10% stake in its Indian joint venture, JSW MG Motor India, to its local partner JSW Group, according to sources familiar with the matter. The move will increase JSW’s shareholding from 35% to 45%, making it the largest individual shareholder in the company, while SAIC’s […]Continue Reading

Featured Latest news

Ola Electric Cuts Quarterly Loss as Cost Controls Ease Pressure

By Uniquetimesorg May 20, 2026 0

Ola Electric Mobility reported a narrower quarterly loss as the company reduced operating costs amid intense competition in India’s fast-growing electric two-wheeler market. The SoftBank-backed EV maker posted a net loss of 5 billion rupees for the January–March quarter, compared to 8.7 billion rupees a year earlier. The improvement came despite a sharp decline in […]Continue Reading

Featured Latest News

Ola Electric to Invest $208 Million in EV and Battery Expansion

By Uniquetimesorg May 15, 2026 0

India’s Ola Electric has announced plans to invest $208.5 million into its electric vehicle and battery cell businesses as it pushes to cut costs and move closer to profitability. The company aims to strengthen local manufacturing, increase automation, and expand in-house battery cell production while facing growing competition in the EV market. The SoftBank-backed company Continue Reading

Featured Latest news

Mercedes-Benz India Sees Strong Demand for CLA BEV Ahead of Launch

By Uniquetimesorg April 25, 2026 0

Mercedes-Benz India has received 400 bookings for its upcoming electric sedan, the CLA BEV, even before its official launch. The model marks the brand’s first next-generation electric vehicle in India built on the Mercedes Modular Architecture (MMA) platform and comes in three variants, catering to different performance and range needs. The entry-level CLA 200 offers […]Continue Reading

Business Featured Latest News

Ford abandons plan to sell Tamil Nadu plant to Sajjan Jindal-led JSW

By uniquetimes December 20, 2023 0

In September 2021, Ford Motor Co announced its withdrawal from the Indian market, including plans to sell its sole manufacturing facility in Tamil Nadu. Recent reports suggest that Ford has now abandoned the sale of the Chennai plant, sparking speculation about a potential re-entry into the Indian market. A Ford spokesperson mentioned that the company […]Continue Reading