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car&bike Team
Dec 21, 2022, 9:45 PM
The total sales of the auto component industry stood at Rs. 2.65 lakh crore or USD 33.8 billion in the April - September 2022 period, recording a growth of 34.8 per cent over the corresponding period last year.
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Sahil Gupta | Dec 21, 2022F1 Drivers Need FIA Approval Before Making Political CommentsNow such statements will only be allowed if they have been “approved in writing” by the FIA or by the relevant national authority.3 mins read
Seshan Vijayraghvan | Dec 21, 2022Piero Ferrari Sets Up Succession Plan With Trust Fund For His Stake In The Supercar FirmPiero Ferrari has decided to set up a family trust this month which will oversee the roughly 10 per cent stake he inherited from his father, Enzo Ferrari, the founder of the supercar marque. He is the second-largest shareholder in the company.2 mins read
Seshan Vijayraghvan | Dec 21, 2022Tata Still On Track With Plan To Launch 10 EVs In 5 Years; Will Launch Up To 2 EVs Every YearSpeaking with car&bike on the sidelines of the media drive for Tiago EV, Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility Limited said that the company is well on track to launch 10 electric vehicles over the next 5 years.2 mins read
Sahil Gupta | Dec 21, 2022eVTOL Startup Air Shows Off Its Flying Car In A Minute Long FlightThe Air One flying car could be commercialised by 2024. The company has planned full-scale flights with human passengers in Q1 of 2023.2 mins read
Reuters | Dec 21, 2022India Probes Possible Misappropriation Of Incentives By EV MakersIndia is investigating the possible misappropriation of incentives given to EV makers under a Rs. 10,000 crore programme to promote their faster adoption.1 min read
car&bike Team | Dec 21, 2022Hyundai Ioniq 5 Unveiled In India; Bookings OpenThe Hyundai Ioniq 5 will be the second electric offering from Hyundai in India after the Kona electric and will be the first model to be introduced on the E-GMP Platform.4 mins read
Reuters | Dec 21, 2022Analysis-EU Unity Over Russia Sanctions Falters As Europe's Economy WiltsEU leaders agreed on Thursday to a ninth package of sanctions but talks were acrimonious, with Poland and the Baltic states that neighbour Russia campaigning for tougher measures, while states further west, such as Germany, were more hesitant.4 mins read
Reuters | Dec 21, 2022Oil Rises On Hopes For China's Economy; Recession Fears Limit GainsChina, the world's top crude oil importer, is experiencing its first of three expected waves of COVID-19 cases after Beijing relaxed mobility restrictions but said it plans to step up support for the economy in 2023.2 mins read
