Hyderabad: The United Arab Emirates-based company META4 on Monday announced to invest Rs 250 crore to set up an electric two-wheeler manufacturing plant in Telangana. The plant will help create nearly 500 direct and 2,000 indirect jobs in the state. The Telangana government will provide 15 acres of subsidised land in the national investment and […]
Chennai: Some bad news for the vehicle owners already affected by the accelerating fuel price increase. From June 1, 2022 onwards, the motor third party liability insurance premium has been jacked up by the central government despite the portfolio being hugely profitable for the insurers. The central government has also withdrawn the 15 per cent […]
Hyderabad: IT and Industries Minister KT Rama Rao on Monday said Hyderabad was the best fit for Formula E racing that promotes electric mobility and renewable energy solutions since the State’s EV and Storage Policy also aims to do the same. It moves away from fossil fuel-based internal combustion engines to electric vehicles, and this […]
The battery making arm of Samsung Electronics has been reviewing various options to build a new battery factory in the U.S. to supply potential clients but has remained cautious over its plan despite rising market expectations.