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Author Articles
Honda Targets Annual Sales Of 70,000 Prologue Electric Vehicles In U.S. From 2024
Honda Motor Co's U.S. unit said on Monday it is targeting initial annual sales of 70,000 for its planned electric Prologue sport utility vehicle when it goes to market in 2024.
Volta Trucks Raises $43.7 Million In Latest Funding Round
Volta Trucks has raised 37 million euros ($43.7 million) in its latest funding round led by hedge fund Luxor Capital and including an investment by Volta's battery supplier Proterra.
General Motors' China Joint Venture Develops Own Auto Chips
One of General Motors Co's China joint ventures said on Wednesday it is developing auto chips and aims to increase use of locally sourced chips in the next five years.
Hero MotoCorp Launches COVID-19 Welfare Package In Haridwar
The company has launched a unique support program for 60 COVID-19 affected families in Haridwar.
Volvo Car India Contributes Rs. 75 Lakh To PM CARES Fund
In addition to the contribution, Volvo Car India extended financial assistance for term insurance of all its dealership staff and also for the treatment in case employees or family members were down with COVID.
Ford Wakes Up Badly Burnt From Its India Dream
Ford took a $2 billion hit to stop making cars in India, following compatriots General Motors Co and Harley-Davidson Inc in closing factories in the country.
2021 Ducati Monster Teased; India Launch Soon
Ducati India has teased the launch of the 2021 Ducati Monster. We expect it to be launched in the coming weeks.
Skoda To Halt Czech Plants For A Week Due To Chip Shortage
In the Czech Republic, production has been hit in the auto sector, a key driver of the economy. Skoda has thousands of cars unfinished as it waits for chips. Skoda said it expected semiconductor production to be ramped up in the fourth quarter.
TVS Raider: All You Need To Know
The TVS Raider is the newest 125 cc motorcycle, a sort-of comeback for TVS into the 125 cc segment. Here's a deep dive into what the TVS Raider offers.
Ford, Walmart And Argo AI Team Up To Launch Autonomous Vehicle Delivery Service
Self-driving startup Argo AI, automaker Ford Motor Co and Walmart Inc will together launch an autonomous vehicle delivery service in Miami, Austin, and Washington, D.C, the companies said on Wednesday.
South Korea's LGES, Hyundai Motor Start Work On Indonesian EV Battery Plant
LG Energy Solution (LGES) and Hyundai Motor Group have started construction on a $1.1 billion plant to make batteries for electric vehicles (EVs) in Indonesia, amid a push by the Southeast Asian nation to tap its rich nickel reserves.
Hero MotoCorp Hands Over Ambulances To Uttarakhand Chief Minister
Stepping up COVID-19 relief initiatives in Uttarakhand, Hero MotoCorp has handed over 13 advanced life support ambulances to the Chief Minister.
Hero MotoCorp To Increase Prices Of Two-Wheelers
Hero MotoCorp has announced a hike in ex-showroom prices of the company's scooters and motorcycles from September 20, 2021.
TVS Acquires Majority Stake In European E-Bike Brand EGO Movement
This is the second major acquisition for TVS in Europe after Norton Motorcycles, and will target the sustainable personal mobility solutions segment with e-bikes.
Mercedes Ending Development Of Hybrid Cars To Focus On EVs
Hybrids have always been a transitional technology bridging the gap between range anxiety & infrastructure-related issues with fully electric vehicles
EV Maker Xpeng Could Consider Acquisitions To Expand Capacity
Chinese electric vehicle maker Xpeng Inc would consider acquiring less successful rivals to expand production capacity in the future, company President Brian Gu told reporters during a conference call.
Mahindra Finance Enters Vehicle Leasing And Subscription Business With Its New Brand 'Quiklyz'
Mahindra Finance has announced that it will enter vehicle leasing and subscription business under its new brand called 'Quiklyz'. The new brand will cater to both individual and corporate customers.
Hypothecation Process For Vehicles In Delhi To Go Entirely Online From November
Come November 1, 2021, no physical documents will be needed for the hypothecation process, according to a Delhi government statement. The entire process will now be faceless, by using OTP based digital signature.
Cabinet Approves Rs. 26,000 Crore Incentive Scheme To Boost Clean Fuel Vehicles
India's cabinet on Wednesday approved an incentive scheme for the automobile sector aimed at boosting production of electric and hydrogen fuel-powered vehicles and promoting the manufacture of drones.
Electric Two-Wheeler Makers Welcome PLI Scheme For Auto Sector
Several two-wheeler manufacturers have welcomed the government's announcement to introduce production-linked incentives (PLI) for the auto sector.
