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auto
QR Code-Based Coin Vending Machine in 12 Cities in India to Come Soon: RBI
Mumbai, February 8: The Reserve Bank of India's Governor Shaktikanta Das said on Wednesday that the central bank would launch a pilot project on QR code-based coin vending machine (QCVM) in 12 cities in the country.…
Volkswagen Recalls 21,000 ID.4 Electric SUVs Over Faulty Battery Software
San Francisco, February 8 : German automaker Volkswagen has recalled nearly 21,000 of its 'ID.4' electric SUVs over faulty battery software that could lead to a "loss of propulsion" sans warning. A reset or…
2023 Porsche 911 Dakar: A rally car for the street
"Absolutely nothing about this car is subtle; it wears its dirt-flinging, dune-crushing intentions on its sleeve. The moment you hit the sand, the 911 Dakar comes alive. And holy moly, can this thing rip.Despite the increased suspension…
Adient quarterly earnings: Net income swings to $12M
Automotive seating supplier Adient saw sales and earnings improve in the first quarter, though executives say production disruptions are lingering longer than expected and hurting profitability.
The company swung to a $12 million net…
Electric Vehicles in India: Total 16.73 Lakh Hybrid and EVs in the Country, Maharashtra Tops List…
New Delhi, February 7: Of 16,73,115 hybrid or electric vehicles in use in the country, Maharashtra tops the list with a total 2,96,186 vehicles followed by Karnataka and Tamil Nadu with 2,03,592 and 1,69,006…
Telangana Launches India’s First Mobility Valley To Accelerate Growth of Sustainable Mobility System
Hyderabad, February 6 : The Telangana government on Monday unveiled Telangana Mobility Valley, India's first new mobility-focused cluster to accelerate growth of sustainability mobility in the country. …
Nissan to buy up to 15% of Renault EV unit in alliance deal
The industrial projects Renault and Nissan plan together could generate hundreds of millions of euros in profit for the companies over time, or even billions "if things go very, very well,” Renault CEO Luca de Meo told reporters at a…
Renault-Nissan Partnership Confirmed To Bring Back the Much-Loved Renault Duster in India; Know All…
New Delhi, January 6 : Renault and Nissan has just rebalanced their partnership with a readjustment of their stakes. Just after the partnership rebalancing act, the Franco-Japanese alliance has announced their…
Renault-Nissan’s new alliance: key joint projects
Renault, Nissan and Mitsubishi are looking at new projects as part of their reshaped alliance including a common 800-volt EV architecture in Europe, and new vehicles for India and South America.
Kia Seltos 2023 Facelift Gets Spotted Testing, Preparing To Launch in India Soon; Check Details
New Delhi, January 6 : South Korean auto maker Kia is preparing to launch the refreshed model of its Seltos this year. The Kia Seltos facelift was showcased at the Busan Motor Show 2022, and has been spotted testing…
Hyderabad E-Mobility Week Kicks Off With India’s Largest EV Rally – ‘Rall-E’
Hyderabad, February 6 : The Hyderabad e-Mobility Week got off to a flying start with 'Rall-E', India's largest electric vehicle (EV) rally that took place on Sunday. With the objective of showcasing Telangana's…
Tesla Hikes Price of Model Y After US Alters Tax Credit Rule; Check Details Here
Detroit, February 4: Tesla has raised prices on its Model Y in the US, apparently due to rising demand and changes in US government rules that make more versions of the small SUV eligible for tax credits.
The…
Elon Musk Didn’t Defraud Investors With 2018 Tesla Tweets, Says US Jury
San Francisco, February 4: A jury on Friday decided Elon Musk didn't defraud investors with his 2018 tweets about electric automaker Tesla in a proposed deal that quickly unravelled and raised questions about…
Honda CR-V Based Hydrogen Fuel Cell Electric Car To Launch in 2024; Find All Details Here
New Delhi, February 3 : The hydrogen fuel cell technology has been touted as the ultimate cleanest and most eco-friendly for years, resulting in car majors of the world researching on it for decades. However, the…
Mercedes-Benz Unveils Updated 2023 GLE and GLE Coupe; To Introduce 10 Models in India in 2023
New Delhi, February 3 : Mercedes-Benz has unveiled its updated 2023 GLE and GLE Coupe models with styling and powertrain updates and added new features for the global markets.
The German luxury auto major has…
Hyundai Creta and Alcazar 2023 Models Introduced With Added Safety Tech; Check Specs and Other…
New Delhi, February 3 : Hyundai has introduced the 2023 models of the Creta and the Alcazar SUVs. The updated Hyundai Creta and Alcazar get endowed with an array of new safety updates as standard and engine updates…
Tesla to hike Shanghai output after price cuts stoke demand
SHANGHAI -- Tesla plans to step up output at its Shanghai assembly plant over the next two months to meet demand ignited by aggressive price cuts on its best-selling models, according to a planning memo seen by Reuters and a person with…
Lear Q4 earnings: Net income surges to $118M
Lear shares slipped 2.5 percent to $145.76 in afternoon trading.
The company achieved a $1.8 billion backlog in its core seating business through 2025 and about $1 billion in its e-systems segment, which it is working to grow with the rise…
Geely’s Lotus Tech will go public via SPAC at $5.4B valuation
Lotus Technology, the electric-car unit owned by China’s Zhejiang Geely Holding Group, agreed to merge with a blank-check company in a transaction that values the combined entity at about $5.4 billion.
L Catterton Asia Acquisition will…
Range Rover Velar 2023 Unveiled With a Host of Updates, Know Key Details Here
New Delhi, February 2 : Land Rover has unveiled the new updated Range Rover Velar with a whole array of updates to make the luxury SUV even more enticing. With its new styling bits and a handful of new added…
Volvo readies EV push in biggest product revamp under Geely
The two people with knowledge of Volvo’s planning asked not to be named because details have not been announced by the company. Geely declined to comment.
Among the new battery electric cars being planned for the next four years is a…
Rivian Layoffs: EV Car Maker To Slash 6% of Its Workforce, CEO RJ Scaringe Announces Sackings in…
San Francisco, February 2 : With an aim to cut costs, electric car maker Rivian is laying off 6 per cent of its workforce, the media reported. As reported by Reuters, Rivian's chief executive RJ Scaringe announced…
BMW hikes prices for some models on higher costs
SHANGHAI -- BMW has raised suggested retail prices for some models sold in China because of higher raw material and logistics costs globally.
The automaker increased the manufacturer's suggested retail prices of 17 models in China…
Daimler Truck unveils advanced Freightliner SuperTruck II
LAS VEGAS—Daimler Truck North America unveiled its SuperTruck II Wednesday, showing off an efficient diesel big rig intended to demonstrate fuel-saving technologies that can be deployed as the trucking industry pivots to zero-emission…
Hyundai Venue 2023 Updated Model Variant-Wise Feature Details Leaked; Check Specs and Other Details…
New Delhi, February 1 : The funky little Hyundai Venue SUV is reportedly getting an update later in 2023. The new 2023 Hyundai Venue is expected to get a host of added features and even engine upgrade.
Moreover, way…
Tesla Records $204 Million Loss From Bitcoin Investments in 2022
San Francisco, February 1 : Elon Musk-owned Tesla has revealed that the company recorded a $204 million impairment loss in 2022 on its Bitcoin investments. Maruti Suzuki Fronx: From Name to Its Entire Game, Have a…
Honda Amaze Next Generation Model To Launch in India in 2024; Know All About It Here
New Delhi, February 1 : The Honda Amaze is reportedly going to come in its next generation avatar next year. Honda is said to be working on the third-gen model of the popular Honda Amaze compact sedan and it would…
Electric Two-Wheeler Sales in India To Reach 22 Million by 2030: Report
New Delhi, February 1 : As the electric vehicle (EV) adoption grows in India, the electric two-wheeler sales volume in the country is likely to reach 22 million by 2030, a report showed on Wednesday. According to…
Renault cedes power at Nissan for uncertain benefits
It is counting on Ampere, which it will separate from its traditional internal combustion engine business and list on the stock market for a valuation of as much as 10 billion euros, to present itself as a pure electric player and get back…
Volvo design to be led by exec from EV startup Arrival
Volvo Cars has named Jeremy Offer its next global head of design.
Offer has more than 30 years’ experience as a designer, but this is his first top-level post at a global automaker, according to his LinkedIn profile.
The 55-year-old…