Rolls-Royce Spectre, India’s costliest EV, is a lucrative buy for the affluent

Rolls-Royce has officially unveiled its first-ever all-electric vehicle (EV), the Spectre, in the domestic market and this car is India’s most-expensive EV to date that could be a lucrative buy for the country’s affluent.

Priced at a breathtaking Rs 7.5 crore (Rs 75 million), prior to additional options, it would definitely find room for attractive sales as the country’s super luxury car buyers have lately shown an interest towards the high-end segment. 

Tata Punch.ev judiciously priced, has adequate features and also a futuristic look

Punch.ev, which has been launched, is the first electric vehicle on Tata Motors’ pure EV architecture and it has been judiciously priced, with adequate features and also a futuristic look. 

This is a dedicated platform that can change the entire floor and be designed around the battery.

Honda’s leap into electric vehicles with ‘Honda 0 Series’ beginning 2026

In a groundbreaking move, Honda Motor, one of Japan’s leading automakers, revealed its strategic leap into the electric vehicle (EV) space with its Honda 0 Series, starting 2026, gearing up to compete fiercely in the global battery-powered cars’ market.

Need for a catch up in EV space

Despite being a name to reckon with in the automotive industry, Honda has been falling behind European and US counterparts like General Motors and Volkswagen in the EV space.

Tesla loses $94 billion as EV winter sets in

Tesla shares had a roaring 2023, as they more than doubled in the 12-month period but it seems that winter has set in for the share because Elon Musk’s firm has lost more than $94 billion in market valuation in only the first two weeks of 2024.

 

The electric vehicle (EV) giant, based in Austin, Texas, has been bombarded with negative news. These include yet another price cut for its cars in China and swelling labour costs, among others.