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Reuters
Mar 26, 2023, 9:40 AM
The hike in prices will come into effect from April though the carmaker has not revealed the quantum of hike or the models affected.
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Reuters | Mar 26, 2023Oil Drops 1% As US In No Rush To Refill Strategic ReserveBrent crude futures fell by 78 cents to settle at $75.91 a barrel. U.S. West Texas Intermediate crude futures slid by 94 cents, to end the session at $69.96 a barrel.1 min read
Reuters | Mar 26, 2023Factbox: The Battle Over Russia's Crude And Oil ProductsAccording to the International Energy Agency (IEA), Russia's total exports of oil and petroleum products in February 2023 fell to 7.5 million barrels per day (bpd), from an average amount of 7.7 million bpd in 2022 (7.5 million bpd in 2021).1 min read
Reuters | Mar 26, 2023Joby Aviation Names Former FAA Administrator As DirectorJoby Aviation is developing electric aircraft with vertical take-off and landing capabilities to be used as air taxis with plans to commence commercial passenger services from 20251 min read
Reuters | Mar 26, 2023China's CATL To Start Mass Output Of M3P Batteries This YearCATL disclosed in August last year that it was working on M3P technology, which can enable an electric vehicle to run 700 km (430 miles) per charge when combined with CATL's next generation of battery-pack technology.1 min read
Reuters | Mar 26, 2023Rivian To Relocate Staff To Illinois EV Plant To Accelerate Production - ReportThe reorganization, expected to be announced soon, would mean those working on manufacturing engineering would be asked to relocate to central Illinois or its headquarters in Irvine, California1 min read
Reuters | Mar 26, 2023Lula's China Trip To Promote BYD Takeover Plan For Brazil Ford FactoryThe deal hinges on a final agreement with Ford Motor Co, which still owns the plant in Bahia state despite halting production in Brazil in 20211 min read
car&bike Team | Mar 25, 2023Kawasaki Reportedly Developing Hydrogen Technology For EnginesThe manufacturer had revealed a prototype earlier that was based on the supercharged four-cylinder engine from the H2.2 mins read
car&bike Team | Mar 25, 20232023 Harley-Davidson Road Glide And Street Glide Pictures LeakedThe motorcycles will likely feature new VVT technology.1 min read
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Car News
Jafar Rizvi | Aug 31, 2023Isuzu D-Max S-Cab Z Launched At Rs 15 Lakh; Aimed At Commercial-Use BuyersThe S-Cab Z wears an introductory price tag of Rs 15 lakh (ex-showroom)2 mins read
car&bike Team | Aug 31, 2023Upcoming Tata Nexon Facelift Interior Spied; Reveals New DetailsFacelifted Nexon gets a larger touchscreen with a new interface, a full-digital instruments display and redesigned control surfaces.2 mins read
car&bike Team | Aug 31, 2023Facelifted BMW X5 Protection VR6 Armoured SUV RevealedThe armoured SUV will make its public debut at the IAA Mobility 2023 international motor show in Munich in September3 mins read
car&bike Team | Aug 30, 20232024 Mercedes-Benz V-Class Marco Polo Debuts At Caravan Salon In DüsseldorfThe updated Marco Polo packs in more tech than the outgoing model while offering space for up to four passengers to go camping.2 mins read
car&bike Team | Aug 30, 2023Centre To Tweak PLI Auto Scheme, Extend Duration By One YearChanges to the scheme include opening of additional agencies for testing for domestic value addition as well as quarterly subsidy disbursement.1 min read
Electric Mobility
car&bike Team | Mar 10, 2021Chinese EV Makers Eye Hong Kong Listings This Year To Raise Combined $5 Billion: ReportThree Chinese electric vehicle (EV) makers - Li Auto Inc, Nio Inc and Xpeng Inc, reportedly plan to list in Hong Kong as early as this year itself, tapping a growing investor base closer to home,1 min read
Seshan Vijayraghvan | Mar 9, 2021Tata Motors Moves Delhi High Court Against Delhi Government's Decision To Suspend Subsidy On Nexon EVTata Motors has reportedly appealed to the Delhi High Court, against the Delhi Government's decision to temporarily suspend the subsidy offered on the Nexon EV. The decision came in earlier this month, on March 1, following consumer complaints against the carmaker stating that the electric failed to offer the promised range on a single charge.1 min read
Sahil Gupta | Mar 9, 2021GM Releases Footage Of The New Hummer EV Pickup In Sub-Zero ConditionsThe Hummer EV truck has a range of 563 kilometres and costs $80,000 which means that even the pickup truck variant should be in the same ballpark.1 min read
Seshan Vijayraghvan | Mar 9, 2021All-Electric Volvo XC40 Recharge Makes Its India Debut; Deliveries To Start From October 2021Volvo Cars India has officially unveiled the new XC40 Recharge electric SUV in the country. The electric SUV, which was launched in the global markets last year, is the first fully electric model from the Chinese-owned Swedish carmaker.1 min read
Ameya Naik | Mar 9, 2021Volvo To Launch 1 Electric Car Every Year In India From 2021Volvo also announced that 80 per cent of all it sales should be electric by 2025 in India1 min read
Auto Industry
Reuters | Oct 29, 2021India September Crude Imports Hit 5-Month High As Business Activity Pick-UpCrude oil imports rose 16% to 17.61 million tonnes from a year earlier, according to data on the website of the Petroleum Planning and Analysis Cell.1 min read
Seshan Vijayraghvan | Oct 29, 2021Planning to Buy a Used Renault Duster? Here Are Some Pros and ConsThe Renault Duster is a very capable compact SUV, and if you are planning to get one from the pre-owned market, here are some pros and cons you should know about.1 min read
Reuters | Oct 29, 2021Ford, GM Juggle High Prices, Supply Chain Pressure In Tesla's ShadowThe results Ford and GM reported on Wednesday show managing the supply chain pressure will not be easy, and that investors are watching the companies closely and critically.1 min read
Reuters | Oct 29, 2021Europe's Top Carmakers Count Mounting Cost Of Chip CrunchVolkswagen AG cut its outlook for deliveries, toned down sales expectations and warned of cost cuts as it reported lower-than-expected quarterly operating profit.1 min read
Reuters | Oct 29, 2021Toyota Eyes Cost Cuts, Scale With First Of EV-Only bZ SeriesThe model would also initially be built on a mixed line with gasoline-engine cars, both in Japan and China. It will be sold in Japan, North America, China and Europe starting in mid-2022.1 min read
Reuters | Oct 29, 2021Taiwanese Battery Maker ProLogium Likely Valued At $2-$3 Billion In New Funding RoundThe company plans to use the capital to expand its mass production of solid-state lithium batteries in Asia, Europe and the United States between 2023 and 2025.1 min read
Reuters | Oct 29, 2021Panasonic Raises Profit Outlook 12% On Share Valuation GainPanasonic raised its profit forecast for the year to March 31 to 370 billion yen ($3.25 billion) from 330 billion yen.1 min read
Reuters | Oct 29, 2021Volvo Cars Hopes Downsized IPO Can Rev Up Investors' Electric DreamsThe listing comes at a time when investor appetite for the electric vehicle (EV) sector is robust, with Elon Musk's Tesla seeing its market value cross $1 trillion for the first time this week.1 min read
Reuters | Oct 29, 2021STMicro Expects High Chip Demand To Extend Well Into 2022STMicroelectronics expects high demand for the group's wide range of semiconductors to extend well into 2022.1 min read