Wednesday, May 26, 2021

Tesla set to pay for chips in advance to overcome shortage: Report

Tesla Inc plans to pay in advance for chips to secure its supply of the crucial materials in a move to overcome the global chip shortage, the Financial Times reported on Wednesday, citing people familiar with the matter.

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Hyundai India plans ₹7,500-cr capex for FY27 as Q4 net falls

Hyundai India is investing ₹7,500 crore and launching two new models this fiscal year to capitalize on rising demand. The company plans to e...