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Updated : Mar 31, 2025

Chinese EV Giant BYD Takes Lead Over Tesla With Higher Sales, Growth & Stronger Market Presence

BYD, the Chinese electric vehicle giant, has officially surpassed Tesla in annual revenue, marking a major milestone in the global EV race. From its humble beginnings as a battery manufacturer in 1995 to becoming a dominant force in the EV market, BYD's journey has been nothing short of remarkable. With a 29% sales jump in 2024 and a record-breaking revenue exceeding $100 billion, BYD is now ahead of Tesla, whose annual deliveries declined for the first time. Backed by Warren Buffett, BYD has also outperformed Tesla in stock market returns, delivering an 82% gain over the past year compared to Tesla’s 62%. Meanwhile, the competition is heating up in India, where BYD is already selling its EVs, while Tesla is still working on certification. Is BYD now the true leader of the EV revolution? Watch the full video to find out!

Updated : Mar 29, 2025

Waymo’s Driverless Cars Are Coming To Atlanta On Uber | Exclusive

In conversation with Business Today TV’s Chetan Bhutani, Praveen Neppalli Naga, CTO, Mobility & Delivery at Uber, shared insights on Uber’s push for EVs and driverless cars. Uber has signed a deal to deploy 1,000 EVs in Chennai, advancing its sustainable mobility plans in India. He emphasized Uber’s strong tech integration with Waymo, ensuring seamless driverless rides. While Waymo’s autonomous cars are launching in Atlanta, Uber is also preparing for a driverless future in India with deep API and system integrations.

Updated : Mar 28, 2025

Inside Uber’s Hybrid Network | Autonomous Cars + Human Drivers | Uber's Sachin Kansal Exclusive

Business Today TV’s Chetan Bhutani had a unique opportunity to interview Uber’s Chief Product Officer, Sachin Kansal, while experiencing a driverless Uber ride firsthand in Austin, Texas. In this exclusive conversation, Kansal shares insights on Uber’s vision for a hybrid network, where autonomous vehicles and human drivers will coexist to meet growing demand. vtHe also discusses Uber’s partnerships with Waymo and Tesla, the challenges of scaling self-driving technology, and whether India is ready for autonomous vehicles. With regulatory hurdles, evolving technology, and the future of ride-sharing at stake, this interview dives deep into the next big revolution in mobility!

Updated : Mar 24, 2025

Mercedes Benz CEO On Tariffs' Impact On Luxury Vehicles

At the Indian debut of the Maybach SL 680 Monogram Series, Mercedes-Benz India MD & CEO, Santosh Iyer shared insights on luxury car demand, tariffs, and free trade. He highlighted strong growth in the ultra-luxury segment, with Maybach and S-Class seeing high demand. Over 90% of their cars sold in India are locally produced, and customer orders for the new model have begun. He emphasized the importance of open markets for economic growth while acknowledging India’s large consumer base. With right-hand drive models arriving in Q1 2026, Mercedes-Benz remains confident in India’s automotive maturity and long-term potential.

Updated : Mar 20, 2025

Up Close With Maybach SL 680 Monogram Series

India gets its first glimpse of the Mercedes-Maybach SL 680 Monogram Series—a fusion of AMG performance and Maybach luxury. With bookings already open, deliveries are expected only by 2026. The handcrafted two-tone paint, Maybach-exclusive grille, and luxurious interiors make this a true collector’s car. Inside, features like Nappa leather seats, a Burmester 4D sound system, and ambient lighting elevate the experience. Daniel Lescow, Head of Maybach, shares insights on India’s growing luxury car market. With India among Maybach’s top 10 markets, will this roadster redefine luxury here? Stay tuned.

Updated : Mar 20, 2025

Mercedes Maybach Head On India Future Plans

Mercedes-Benz has launched the Maybach SL 680 Monogram Series in India, with the brand expecting the country to enter its top five global markets soon, said Daniel Lescow, Head of Mercedes-Maybach, in an exclusive interview with Business Today TV’s Karishma Asoodani. He added that India is already among Maybach’s top 10 markets, with rising demand. Lescow also discussed the brand’s expansion plans, including new luxury stores, and shared insights on global economic trends, tariffs, and their impact on the ultra-luxury automobile sector.

Updated : Mar 19, 2025

India May Soon Enter The Top Five: Mercedes Benz Maybach Head

Updated : Mar 06, 2025

Tesla’s Big Move: Showroom Finalised In Mumbai, Announcement For Delhi Likely Soon

Tesla is finally making its India entry! Weeks after Elon Musk met Prime Minister Narendra Modi, Tesla has reportedly signed a five-year lease for its first showroom in Mumbai’s Bandra Kurla Complex (BKC), paying ₹32 lakh per month in rent. A second showroom is also being finalized in Delhi’s Aerocity near the airport. For over a decade, Tesla’s India plans have faced hurdles due to high import duties and the Indian government’s push for local manufacturing. But now, with recently reduced tariffs, the company appears to be testing the waters before committing to a ‘Make in India’ factory. The first Tesla cars in India are expected to be imported from Tesla’s Germany Gigafactory, with the Model 3 priced above ₹35 lakh. Meanwhile, Tesla has already posted nearly two dozen job openings in India, signalling its serious intentions. Bringing you all the updates from the proposed Tesla showroom location, Business Today’s Riddhima Bhatnagar reports on the ground, giving exclusive insights into Tesla’s India expansion.

Updated : Mar 05, 2025

Commercial Vehicle Business De-Merger On Track Says Girish Wagh

Tata Motors has initiated trials for hydrogen-powered trucks and buses as part of India's decarbonisation efforts. The 18-month pilot project, supported by the Ministry of New and Renewable Energy, will test both hydrogen fuel cell and internal combustion engine technologies. Tata Motors is allocating 40-45% of its capital expenditure towards new technologies for decarbonisation and software-defined vehicles.

Updated : Feb 18, 2025

Eyeing 8% To 10% Growth In 2025 Says Audi India Head

The luxury car segment in India, currently comprising just 1% of total car sales, is akin to a growing startup and will only attain a significant presence once it surpasses the 5%-mark, Audi India head Balbir Dhillon stated on Monday. He further mentioned that the company anticipates improved sales performance this year, following a decline in volumes last year due to supply chain challenges. On Monday, Audi India introduced the refreshed RS Q8 performance SUV in the country, priced at ₹2.49 crore.

Updated : Feb 06, 2025

Million-Dollar Classics! From Vintage Ferraris To Classic Bugattis

Step inside the iconic Grand Palais Historique in Paris for an exclusive look at the Bonhams Cars auction! Witness automotive history come to life as dozens of meticulously preserved vintage sports cars, including legendary Ferraris, Bugattis, and Porsches, go under the hammer. This year's auction is headlined by two exceptional Ferraris: a 1955 Ferrari 555 Supersqualo and a 1950 Ferrari 166 MM Barchetta, estimated at a staggering 4 to 6 million euros each. But the elegance doesn't stop there! A stunning 1928 Bugatti T43 Grand Sport is also set to steal the show. Join us as we explore the passion and craftsmanship behind these rolling works of art. From classic roadsters to racing legends, discover the stories and the staggering valuations of these automotive treasures.

Updated : Jan 25, 2025

Expecting Government To Focus More On Capital Expenditure Says Vinod Aggarwal

Vinod Aggarwal, MD & CEO of VECV, highlighted the challenges faced by the commercial vehicle industry in 2024. He noted a 2% decline in the sub-3.5 tonne segment, attributing the downturn in the truck industry to a slowdown in infrastructure development. However, the bus segment showed resilience with a 19% growth. Aggarwal expressed optimism that increased government allocation for capital expenditure could help revive the industry, especially in the trucking sector.

Updated : Jan 23, 2025

India Made EV To Be Launched In 2025 Says Kia

Kia India launched the new Carnival in the country last year. The brand has now unveiled a more luxurious high roof version of MPV at the auto expo. The new model comes in a 6-seater avatar and offers more comfort features over the regular Carnival in the country. Speaking to BTTV's Chetan Bhutani, Brar said that Kia's made in india ev will be launched in 2025 and he expects that with new unveils, Kia will outpace the industry in terms of growth.

Updated : Jan 23, 2025

Govt Spending On Infrastructure Will Boost Commercial Vehicle Sales Says Girish Wagh Of Tata Motors

Girish Wagh, Executive Director at Tata Motors, shared insights with Business Today's Chetan Bhutani on the company's ongoing transformation. Wagh highlighted that while Tata Motors is currently navigating a phase of stabilization, the growth trajectory is expected to revive, driven by the government's commitment to infrastructure spending. He acknowledged that the company anticipates ending the year on a flat year-over-year basis, with heavy commercial vehicles (HCV) witnessing a decline in Q2 and partially in Q3. However, Wagh expressed optimism about the resurgence of demand for HCVs with the initiation of new infrastructure projects. He emphasized that Q4 will be a crucial period, setting the tone for a promising start in Q1 of the next fiscal year.

Updated : Jan 22, 2025

Uday Narang On Omega Seiki's IPO Plans: ₹400-500 Crore To Be Raised

Omega Seiki is gearing up for a pre-IPO round in the next three months, with plans to launch an IPO later in the year. The capital raised will fuel the expansion of its truck division. "We are building a robust foundation for growth, with the pre-IPO process already underway," stated Narang. The company will initially produce the Mika range at its Faridabad facility, while a new truck production plant is being established in Chakan, Pune, set to be operational by the end of 2025. This expansion will increase Omega Seiki’s production capacity from 5,000 to 25,000 units annually by the end of 2025.

Updated : Jan 22, 2025

Anant Nahata On EV Infrastructure: 30-50% Growth By 2030 | Exicom's Future Outlook

Exicom, a leading player in the EV charging industry and a manufacturer of critical power solutions, unveiled its latest innovation at the Bharat Mobility Global Expo 2025. In a bid to advance the EV charging sector and promote renewable energy integration, the company introduced "Harmony Boost," a powerful and comprehensive EV charging solution. This system integrates solar power, grid input, an intelligent Battery Energy Storage System (BESS), and multiple dispenser units with a capacity of up to 400kW. BTTV's Chetan Bhutani speaks to Anant Nahata on the sidelines of the Bharat Mobility Show.

Updated : Jan 21, 2025

Consecutive Rate Cuts By RBI To Help Revive Consumer Demand Says Mahindra's Veejay Nakra

Speaking to Business Today TV, Veejay Nakra mentioned that the Prime Minister was delighted and proud of M&M's achievements EV Milestone. According to Nakra, the solution to both mobility and environmental concerns lies in electric vehicles. However, he pointed out certain headwinds that need addressing, such as the stabilization of interest rates and easier access to finance for consumers. He emphasized the critical role of non-banking financial companies (NBFCs) in providing the necessary financial support. It’s crucial that the funds reach consumers, enabling them to make purchases. In terms of future growth, Nakra suggested that consecutive drops in interest rates could positively impact consumer spending and growth. He also noted a shift in the market towards micro SUVs, especially in the context of smaller passenger vehicles (PV), indicating a growing trend in this direction.

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