IPO: IPO ring to get louder in 2024 with companies looking to raise more than Rs 1 lakh crore

IPO: IPO ring to get louder in 2024 with companies looking to raise more than Rs 1 lakh crore

Mumbai: The momentum of India’s primary market is poised to accelerate in 2024 with companies looking to raise more than ₹1 lakh crore through initial public offerings (IPOs), twice the ₹49,434 crore raised in 2023. The average size of such offerings is also expected to more than double to ₹2,000 crore, with several large-sized IPOs … Read more

Your New EV Is Even More Expensive Now

Your New EV Is Even More Expensive Now

Happy Tuesday! It’s January 2, 2024, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. Rivian Recalls Nearly Every Car It Has Built 1st Gear: EVs In The U.S. Just Got More … Read more

Tesla May Not Hit Its Lofty Sales Goals

Tesla May Not Hit Its Lofty Sales Goals

Happy Wednesday! It’s December 27, 2023, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. The Hype Behind Tesla Stock Success In 2023 1st Gear: Tesla Sales Are Good, But Likely Will … Read more

Investors Are Bailing On EV Charging Companies Because They Might Not Make Any Money

Investors Are Bailing On EV Charging Companies Because They Might Not Make Any Money

Right now, the reality for electric vehicles is pretty grim. People are buying EVs, but the growth in sales is cooling. That’s having a ripple effect, from rising EV inventory at dealers to automakers rethinking their EV investments and production plans. Even EV charging companies are taking a hit. Electric Car Charging Still Sucks, But … Read more

Six Month Microleases Are Finally Getting People To Drive EVs

Six Month Microleases Are Finally Getting People To Drive EVs

The ever-evolving electric vehicle landscape and lingering skepticism about going green has forced automakers to get creative with their marketing and sales strategies. Microleasing, according to Bloomberg, is the latest way to get butts in seats. The whole goal is to just get a prospective EV buyer behind the wheel of an EV while they … Read more

2024 Might Finally Be A Good Year For Car Buyers

2024 Might Finally Be A Good Year For Car Buyers

Happy Tuesday! It’s December 26, 2023, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. Ed Begley Jr. On The Past And Present Of Electric Vehicles 1st Gear: 2024 Will Be A … Read more

Americans Are Driving Less, But Buying More Cars

Americans Are Driving Less, But Buying More Cars

When the world shut down in early 2020, the whole idea of “driving a car” ground to a halt for a lot of people. All those hours that would’ve been spent commuting, stuck in traffic, were now spent at home nurturing sourdough starter. But while the amount Americans drive has yet to reach the heights of … Read more

‘Gooey Mess’ Tesla Cybertruck Deliveries Held Up By Battery Production Nightmare

‘Gooey Mess’ Tesla Cybertruck Deliveries Held Up By Battery Production Nightmare

Good morning! It’s Thursday, December 21, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla’s Cybertruck Has Finally Arrived 1st Gear: Tesla 4680 Battery Holds Up The Cybertruck Tesla recently delivered the … Read more

Canada Sets 2035 Zero Emissions Mandate For New Cars

Canada Sets 2035 Zero Emissions Mandate For New Cars

Image: Polestar Just over 10 percent of Canadian new car buyers this year chose to buy a battery electric or plug-in hybrid electric vehicle. According to CTV, the exact number is 10.3 percent. The Canadian market is relatively small, as the massive frigid country is expected to purchase around 1.63 million new cars, trucks, and … Read more