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Dec 31, 2022, 4:09 PM

Hyundai, SK To Build New Battery Plant In Georgia

Hyundai and SK will build a new battery manufacturing plant in the U.S. state of Georgia to supply the Korean automaker's U.S. assembly plants.

2 Min

Reuters | Dec 31, 2022
South Korean Truckers' Strike Cost $1.2 Billion In Lost Shipments
A strike by South Korean truckers is estimated to have cost 1.6 trillion won ($1.23 billion) in lost shipments.
2 mins read
Reuters | Dec 31, 2022
Oil Settles Up $2 On Tighter Supply; OPEC+ Talks Limit Gains
Oil prices settled up by over $2 per barrel on signs of tighter supply, a weaker dollar and optimism over a Chinese demand recovery.
2 mins read
Reuters | Dec 31, 2022
Foxconn Unit Invests $500 Million (Rs. 4100 Crore) In India Affiliate
Foxconn's Singapore unit has acquired 4.08 million shares in Foxconn Hon Hai Technology India Mega Development Private Limited for $500 million (Around Rs. 4100 Crore).
1 min read
Reuters | Dec 31, 2022
OPEC+ Switch To Virtual Meeting Signals Policy Roll-Over Ahead Of Russian Oil Price Cap - Report
The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change.
2 mins read
Reuters | Dec 31, 2022
Factbox - Western Governments Struggle To Agree On Russian Oil Price Cap
Western governments want to set a maximum purchase price for Russian oil on the world market to limit Moscow’s ability to raise money for its war on Ukraine.
3 mins read
Reuters | Dec 31, 2022
Diesel Sales Of Indian State Retailers Up On Industrial Recovery
Indian state refiners' daily diesel sales rose 21% in November from the previous month.
2 mins read
Reuters | Dec 31, 2022
Putin Drives Across Crimea Bridge In A Mercedes
Putin, accompanied by Deputy Prime Minister Marat Khusnullin, was shown on state television behind the wheel of a Mercedes, asking questions about where the attack took place.
2 mins read
Reuters | Dec 31, 2022
Uber, Aurora To Expand Self-Driving Truck Ops In Texas To Meet Holiday Rush
Uber and Aurora Innovation will expand their driverless pilot program in Texas to meet increased delivery demand during the holidays.
1 min read

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Car News

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Jaiveer Mehra | Jan 18, 2023
759 bhp V12 Aston Martin DBS 770 Ultimate Revealed; Marks The End Of The Current DBS
The limited-run 770 Ultimate is the swansong for the current-gen DBS which has reached the end of its life-cycle.
2 mins read
Jaiveer Mehra | Jan 18, 2023
Tata Nexon EV Line-Up Gets Price Cut; New Nexon EV Max XM Variant Launched
Nexon EV Prime is now priced from Rs 14.90 lakh while the Nexon EV Max prices now start from Rs 16.49 lakh.
2 mins read
Jaiveer Mehra | Jan 18, 2023
Chevrolet Corvette E-Ray Debuts With Hybrid V8, All-Wheel Drive
The E-Ray gets a front axle-mounted electric motor and a 1.9-kWh battery pack offering all-electric driving up to speeds of 72 kmph.
2 mins read
car&bike Team | Jan 18, 2023
Maruti Suzuki India Recalls 17,362 Vehicles For Airbag Defect
Maruti Suzuki India issued a recall for 17,362 vehicles which include Alto K10, S-Presso, Eeco, Brezza, Baleno and Grand Vitara, for airbag issue.
1 min read
car&bike Team | Jan 17, 2023
Taliban Unveils Mada 9, Afghanistan’s First Indigenously Built Supercar
No, this is not a prank, neither is it an attempt at making a practical joke, or any joke for that matter! Afghanistan did actually make a supercar, based on a 2000 Toyota Corolla and it looks seriously cool.
2 mins read

Electric Mobility

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car&bike Team | Feb 10, 2021
Toyota, Denso Team With Aurora On Self-Driving Cars For Uber, Others
Toyota Motor Corp and longtime supplier partner Denso Corp will team up with self-driving car startup Aurora to develop and build autonomous minivans for ride hailing networks, the companies said on Tuesday.
1 min read
Charanpreet Singh | Feb 10, 2021
Government Releases Rs. 212 Crore For Procurement Of E-Buses Under FAME Scheme
The centre had reportedly received 86 proposals from 26 states/UTs for the deployment of around 15,000 e-buses.
1 min read
Ameya Naik | Feb 11, 2021
Kia’s First Dedicated EV To Be Unveiled In March 2021
The first dedicated EV from Kia, codenamed CV, will come with features like HDA2 (Highway Driving Assist Level 2)
1 min read
Sahil Gupta | Feb 10, 2021
Apple Doubled Road Testing Of Its Self Diving Cars In 2020
As of now, Apple has hundreds of engineers and it has hired some key people from automakers like Porsche.
1 min read
car&bike Team | Feb 10, 2021
Jeep Wrangler EV Concept Teased; Will Be Revealed At 2021 Easter Jeep Safari
Jeep confirmed that it will present a Wrangler EV concept at the 2021 Jeep Annual Easter Safari, to be held sometime in March-April later this year in Moab, Utah. The Easter Safari serves as a platform for Jeep to showcase its latest concepts and technology.
1 min read

Auto Industry

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Shubham Parashar | Oct 2, 2021
Car Sales September 2021: Honda Cars India Records 33.66 Per Cent Decline
Honda Cars India has cited semiconductor issue as the reason for the shortage in supply, ultimately leading to drop in its sales numbers.
1 min read
Shubham Parashar | Oct 1, 2021
Car Sales September 2021: Hyundai Records 34.2 Per Cent Decline In Domestic Market
Hyundai India sold 45,791 units (domestic + exports) in September 2021 recording a drop of 23.6 per cent when compared to 59,913 units.
1 min read
car&bike Team | Oct 1, 2021
Locally Assembled Mercedes-Benz S-Class To Be Launched Next Week
Mercedes-Benz India has announced that it will launch the locally assembled S-Class luxury sedan in India on October 7, 2021.
1 min read
Shubham Parashar | Oct 1, 2021
Car Sales September 2021: MG Motor India Records 28 Per Cent Sales Growth
MG Motor India has recorded a slump in MoM sales which is primarily attributed to the chip shortage leading to supply constraints at the carmaker's end.
1 min read
Seshan Vijayraghvan | Oct 1, 2021
Former President & MD Of Ford India Anurag Mehrotra Joins Tata Motors
Anurag Mehrotra, the former Head of Ford India, has now joined Tata Motors as Vice President - International Business and Strategy of its Commercial Vehicle Business Unit (CVBU). He will likely report to Executive Director & Head, CVBU, at Tata Motors.
1 min read
Seshan Vijayraghvan | Oct 1, 2021
Car Sales September 2021: Maruti Suzuki Witnesses A Decline Of 46% Due To Chip Shortage
In September 2021, Maruti Suzuki India's total sales stood at 86,380 units, witnessing a 46 per cent decline compared to 160,442 vehicles sold in September 2020. The company says that its sales volume was severely impacted due to a shortage of electronic components like semiconductor chips.
1 min read
Shubham Parashar | Oct 1, 2021
Car Sales September 2021: Toyota Kirloskar Motor Records Sales Decline Of 27.30 Per Cent
Toyota recorded a month-on-month (MoM) growth of 14 per cent as it sold 8116 units in August 2021 while its year-to-date (YTD) sales went up by 98 per cent.
1 min read
Seshan Vijayraghvan | Oct 1, 2021
Ola Electric Raises over $200 Million In Funding At A Valuation Of $3 Billion
Ola Electric, the EV arm of ride-sharing app Ola Cabs, has announced raising more than $200 million, or Rs.1,486 crore, in the latest round of funding led by Falcon Edge, Softbank and other investors.
1 min read
Sameer Contractor | Oct 1, 2021
Petrol And Diesel Prices Hit A New Record High With Latest Price Hike
Petrol prices hiked in Delhi by 25 paise while diesel went up by 30 paise in the national capital as fuel prices hit a record high across the country.
1 min read

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