Sunday, August 1, 2021

MG Motor reports twofold jump in retail sales to 4,225 units for July

MG Motor reports twofold jump in retail sales to 4,225 units for July "A lot of people ask about EV potential in India and my typical answer is: People are ready and they need good solutions/ options from OEMs (original equipment manufacturers). One proof point: We booked all-time high 600 ZS EV in July alone!!," MG Motor India President and Managing Director Rajeev Chaba said in a tweet.

from Moneycontrol Business News https://ift.tt/3zZTz5v

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...