Oxford-AstraZeneca pauses COVID-19 vaccine trial in children The University of Oxford said on Tuesday it had paused a small UK trial testing the Covid-19 vaccine it developed with AstraZeneca Plc in children and teenagers, as it waits for more data on rare blood clotting issues in adults who received the shot. The trial disruption is the latest blow to the vaccine, once hailed as a milestone in the fight against the pandemic IMF raises India's growth forecast for FY22 to 12.5% Internat...

The Gurgaon-based firm, which sold around 53,000 electric two-wheelers last fiscal to lead the vertical, also aims to set up around 20,000 charging stations across the country over the next two years to ease range anxiety issues

As the world looks to gradually move to electric vehicles, the company plans to work on innovations across commercial and personal platforms.

Flipkart co-founder Sachin Bansal has invested $23 million in Ather Energy, taking total investment in the EV startup to $53 million

The new policy provides a host of financial incentives for buying electric vehicles in the capital, over and above the subsidies already being provided under the central government's FAME scheme

After the launch of its flagship product the 450X a few months ago, Ather is now looking to scale up to 20 cities by the end of 2021. The company has said the 450X will be available in cities like Hyderabad, Pune, Delhi and Mumbai, with deliveries beginning in October 2020

Auto expo 2020 India: Ahead of its official launch in March, Hyundai has unveiled its compact SUV-Creta on Thursday

Auto expo 2020 India: Bookings for Mahindra eKUV100 will open in March and the deliveries will begin in April. It comes with an electric motor that delivers 54hp and 120Nm of peak torque and has an automatic transmission

In India and elsewhere, the electric vehicle story has not quite lived up to the overzealous projections of a few years ago. A course correction is under way

2020 Auto Expo news: This year's Auto Expo will feature a host of launches and unveilings from different companies like -- Maruti Suzuki, Mahindra and Mahindra, TATA Motors, Kia Motors, Vespa, Hyundai, Hero electric among others

The industry, this budget has sought measures such as reduction in GST rates on vehicles, incentive-based scrappage policy, increase in re-registration charges of vehicles and the abolition of duty on import of lithium-ion battery cells

The electric Bajaj Chetak scooter will initially be available only in Pune and Bangalore. The company did not divulge the price of the vehicle yet but managing director Rajiv Bajaj said it would be priced competitively

Global investors' interest in auto-tech start-up comes at a time when the Indian auto sector is battling its highest de-growth in monthly sales over the past 19 years

Electric mobility has been a major thrust area for the government who is keen on reducing the transport sector's dependence on imported fossil fuel

Electric two-wheeler company have also slashed prices. Ather Energy has reduced price of its electric scooter Ather 450 by Rs 9,000

Shares of auto companies saw selling pressure on Monday with index heavyweights hitting their respective 52-week lows due to subdued demand, disappointing quarterly results along with regulatory and policy uncertainties.

At the Budget Roundtable, Finance Minister Nirmala Sitharaman talked about steps to revive the Indian economy and enusre growth after presenting her first Union Budget which presented the vision of making India a $5 trillion economy.

Vikram Kasbekar has been appointed as the new CTO at Hero MotoCorp, replacing Markus Braunsperger, while Rajat Bhargava will head emerging mobility business unit

FM Nirmala Sitharaman said that the government has worked to incentivise transition towards cleaner systems, develop quality public transport, and generate renewable energy

The government says the industry is not doing enough, the industry says the government is being unrealistic. Electric mobility has pitted both against each other