Posts

Showing posts with the label Electric Cars

Electric sparks: M&M flags issues with Tata Motors e-car pricing

Image
Pawan Goenka says not sure about selling cars in phase-II M&M, which is competing with rival   Tata Motors Electric Cars   in the country’s largest electric car tender, said the company finds it “difficult” to comprehend the latter’s pricing in the tender. Tata Motors quoted a price of Rs 10.16 lakh for its electric Tigor sedan in the tender for 10,000 electric cars when M&M offered to sell its e-Verito at approximately Rs 12 lakh (both prices are exclusive of the goods and services tax). “This pricing is difficult for us to comprehend given the fact that we have been in the business for more than five years and have good knowledge about the industry,” Pawan Goenka, managing director at M&M, said in a conference call on Thursday. Also Read :  Tata Motors Wins Bid To Sell 10,000 Electric Cars Tata Motors emerged as the lowest bidder in the tender and is selling 250 of the order for 400 units in the first phase. EESL, which invited the bids...

UK government needs stronger response to VW emissions scandal: Committee

Image
UK government needs stronger response to VW emissions scandal: Committee The British government should take a tougher stance against   Volkswagen   (VW) after its emissions fraud, as well as increase the use of electric cars and reduce air pollution from transport, a parliamentary environment committee said on Thursday. Almost a year after US regulators found that VW had cheated in diesel emissions tests, the British government has yet to decide what action to take against Europe's largest automaker, even though it faces criminal investigations in the United States, South Korea and elsewhere. The worldwide scandal, dubbed "Dieselgate", has hurt VW's reputation and business, and already cost it billions of dollars. VW last September admitted to using a sophisticated secret software in cars to cheat on exhaust emissions tests. The Environmental Audit Committee, whose conclusions are not binding on the government, said VW had only just started to recall cars ...