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Ola Cabs CEO Bhavish Aggarwal recently addressed rising service issues at Ola Electric, including the number of complaints, around 80,000 monthly۔ He says these were “manageable” for a company operating close to 800,000 vehicles. On an earnings call discussing the problem, Aggarwal framed service issues at Ola Electric as an outcome of growth. He discussed
The Supreme Court has held that an individual holding a Light Motor Vehicle (LMV) driving license is permitted to drive transport vehicles with an unladen weight of up to 7,500 kg. This is a landmark judgment delivered by a five-judge Constitution bench headed by Chief Justice DY Chandrachud and has a direct impact on insurance
Tesla Chief Executive Elon Musk has changed his tune on the long-anticipated $25000 Tesla electric vehicle targeted at human drivers, saying such a model would be “pointless” unless it was fully autonomous. The comments, during an October earnings call, marked a sharp pivot in Tesla’s strategy toward affordable vehicles. Background on the $25,000 Model Earlier
Maruti Suzuki has finally opened the pre-bookings for its latest fourth-generation Dzire sedan. The attractive affordable compact sedan will be available with significant design upgrades and features, which will be unveiled across India from November 11, 2024. Pre-bookings with a mere deposit of just Rs. 11,000 will seal the excitement for Maruti Suzuki’s price reveal
Schneider Electric, a leading company in electrical automation, has finally sacked its CEO, Peter Herweck. The decision was made public on Monday by the Board of Directors, citing a strategic approach that had led to the differences causing trouble in the roadmap of the company. The company mentioned that its approach was no longer in
Recently, Elon Musk created huge buzz on the web, when he claimed that his Cybertruck can beat Porsche 911. He replied to a short street race video, putting Tesla’s Cybertruck against Lamborghini. As is the norm in the world, the claim is going viral by Elon Musk on his platform X, formerly known as Twitter.
Raymonds Chairperson, Gautam Singhania blasted the senior executives of Lamborghini India when he visited Mumbai road on October 3 with a test drive of a Lamborghini Revuelto. The luxury vehicle reportedly broke down within 15 days of its delivery. As Singhania stated, Lamborghini India’s senior executives did not receive his complaint. Taking to social media
At Warner Bros. Studios in Burbank, California, Elon Musk, CEO of Tesla, finally unveiled Tesla’s new self-driving robotaxi at the design level of the company. To create a vivid impression, he arrived at the event wearing a black leather jacket and was accompanied by one man wearing a space suit while driving a futuristic vehicle.
The Central Consumer Protection Authority has served a showcause notice to Ola Electric after thousands of complaints were filed against its electric scooters. Dated October 3, it accuses the company of violating many provisions of the Consumer Protection Act, 2019. Service deficiencies, misleading advertisements, unfair trade practices, and violations of consumer rights have been the
Dream cars are the most expensive cars in the world and come with some of the biggest price tags. When it comes to high-end tech hyper cars, a few specific companies come to mind: Bugatti, Ferrari, Koenigsegg, and Pagani, among others. These manufacturers have pasted themselves as the top dogs in the supercar and hyper
