Found India’s Tesla in smallcap 3-wheeler stock: Vijay Kedia at Auto Expo 2023

Found India's Tesla in smallcap 3-wheeler stock: Vijay Kedia at Auto Expo 2023

Greater Noida: Mumbai-based ace investor Vijay Kedia is now betting that Atul Auto NSE -0.88 %’s EV would turn out to be India’s Tesla in the three-wheeler category. “A new multi-year bull cycle has started in the auto industry. The slowdown that we saw earlier has now more or less ended. In the case of … Read more

MG Motor India expects EVs to make up 25% of sales in 2023

MG Motor India expects EVs

MG Motor India, owned by China’s SAIC Motor, expects electric vehicles (EV) to account for at least a quarter of its sales in India in 2023, the automaker said during the country’s biennial auto show on Wednesday. “At the end of this year, 25 to 30 percent of our sales will be all-electric,” Managing Director … Read more