Volvo to cut 3,000 white-collar jobs amid rising costs and EV market slowdown: Report |

Volvo Cars, a well-known Swedish automobile manufacturer in the vanguard of safety features and technological advancements, is initiating a large-scale workforce overhaul amidst increasing economic and industry pressures. Volvo Cars intends to lay off approximately 3,000 mostly white-collar workers in the wake of increasing operational expenses, declining electric vehicle demand, and rising trade uncertainties, especially…

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India proposes new FASTag toll system with Rs 3,000 annual pass: What it is, pricing options and all you need to know |

In a bid to modernize India’s toll collection system and enhance the convenience of travelling along highways, the central government is said to be contemplating a fresh tolling regime. According to the reports, the proposal seeks to institute an annual pass system with unlimited travel on national highways for a single payment of Rs 3,000….

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“Difficult for OEMs to guarantee EV battery if customers…”: Honda explain swapping approach

Honda explains battery swapping approach for Activa e: Honda celebrated a momentous milestone this week as it completed the production of 500 million two-wheeler units globally. Last month, the company had clocked production of 70 million cumulative units through HMSI in India. Following the roll-out ceremony of its 500 millionth unit at its manufacturing facility…

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