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Dec 18, 2022, 11:28 PM

India Cuts Windfall Tax On Crude, Aviation Fuel

It cut the tax on locally produced crude oil steeply to 1,700 rupees ($20.52) per tonne from 4,900 rupees, effective Friday

1 Min

Reuters | Dec 18, 2022
Kremlin Says It Is Finalising Last Details Of Response To Oil Price Cap
Moscow has repeatedly said it will not sell oil to countries that comply with the cap
0 mins read
Reuters | Dec 18, 2022
Tesla To Start Mass Production Of The Cybertruck At The End Of 2023
Tesla aims to start mass production of its Cybertruck at the end of 2023, two years after the initial target for the long-awaited pickup truck.
3 mins read
Reuters | Dec 18, 2022
Japan To Seek U.S. Flexibility On EV Purchase Incentives, Kyodo Reports
Japan will ask the United States to be more flexible on EV purchase incentives for non-American carmakers.
2 mins read
Reuters | Dec 18, 2022
Battery Maker Envision AESC Seeking Potential Investors To Fund Expansion
Japan-based Envision Automotive Energy Supply Corporation (AESC) is also in talks with automakers in Japan, Europe, the United States and China for new supply deals, its chief executive Shoichi Matsumoto told Reuters.
2 mins read
Reuters | Dec 18, 2022
U.S., EU Launch Formal Group To Discuss Conflict Over EV Subsidies
The talks come as auto manufacturers from Stuttgart to Seoul have been angered by Biden's $430 billion "Inflation Reduction Act", enacted in August and aimed at rolling back climate change and making Washington a world leader in the EV market.
1 min read
Reuters | Dec 18, 2022
India Preparing To Launch 20% Ethanol With Gasoline - Report
India currently mixes 10% ethanol with gasoline
1 min read
Reuters | Dec 18, 2022
India To Remain Top Buyer Of Russia's Urals Crude In Dec - Report
In November India accounted for about 53% of the total tanker shipments of the grade - the highest level on the record.
2 mins read
car&bike Team | Dec 18, 2022
GST On SUVs: Which Models Would Qualify For The Highest Rate Of Tax
The GST council has provided a nationwide definition of what SUVs qualify for the highest rate of tax (GST and cess) in all states.
4 mins read

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Car News

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Jaiveer Mehra | Dec 23, 2022
New Lexus LX Launched In India; Priced At Rs 2.82 Crore
The new LX is available in a single diesel variant and with a five-seat configuration.
2 mins read
Seshan Vijayraghvan | Dec 23, 2022
Tata Tiago EV To Receive A Price Hike Of Up To Rs. 35,000 In January 2023
Speaking with car&bike Shailesh Chandra, Managing Director Tata Motors Passenger Vehicles said that due to rising production costs, the company will increase the price of the Tiago EV by 3-4 per cent. However, the first 20,000 bookings will get price protection.
3 mins read
Reuters | Dec 23, 2022
Berkshire Hathaway Sells $34.4 Million Worth Of Shares In China's BYD
The sale lowered Berkshire's holdings in BYD's total issued H-shares to 14.95%
0 mins read
Jaiveer Mehra | Dec 23, 2022
Top 10 Cars Launched In 2022
2022 saw plenty of action when it came to new product launches with manufacturers launching much-awaited and much-anticipated models spanning multiple segments. We look at the most important.
7 mins read
Mihir Barve | Dec 23, 2022
One-Off Alfa Romeo Giulia SWB Zagato Breaks Cover
Zagato's latest creation gets a shortened wheelbase, and is a two-door sportscar which started off as a Giulia Quadrifoglio.
2 mins read

Electric Mobility

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Shubham Parashar | Dec 4, 2020
Delhi Government Announces New 'Delhi EV Forum' For Implementing The State's 'EV Policy'
OEMs, fleet operators, charging station energy operators, experts and various government agencies will be the members of the Delhi EV Forum and will provide the platform for conversations among all the stakeholders.
1 min read
car&bike Team | Dec 4, 2020
LG Chem, SK Innovation Spar Over EV Recalls In Trade Dispute
South Korean battery makers LG Chem and SK Innovation are sparring over whether the U.S. International Trade Commission (ITC) should consider recent electric vehicle recalls in a trade secrets case.
1 min read
Sahil Gupta | Dec 4, 2020
Alibaba-backed AutoX Is The First To Deploy Driveless RoboTaxis In Asia
It is the only system of its kind in Asia as solutions by Waymo and Cruise have been deployed in North America.
1 min read
Shubham Parashar | Dec 4, 2020
Tata Motors Delivers 26 Low Floor AC Electric Buses To BrihanMumbai Electric Supply and Transport In Mumbai
Tata Motors has delivers 26 electric buses as part of a larger order of 340 electric buses from BEST under the government of India's FAME II initiative.
1 min read
car&bike Team | Dec 4, 2020
Daimler Commits $85 Billion Towards Accelerating Electrification Of Mercedes-Benz
This news comes in the wake of the fact that Mercedes-Benz as a brand has been lagging behind in its electrification efforts.
1 min read

Auto Industry

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car&bike Team | Aug 2, 2021
Exclusive: Hyundai Alcazar Bookings Cross 14,000 Mark; Shows Negligible Cannibalisation With Creta
The recently launched Hyundai Alcazar midsize SUV has mopped up even more bookings in the last few days, breaching the 14,000 mark in under 45 days. It is also not affecting sales of sister SUV Hyundai Creta according to the company.
1 min read
car&bike Team | Aug 1, 2021
Auto Sales July 2021: Skoda Auto India Sells 3080 Cars; Kushaq Spearheads Growth
The surge in sales is fuelled by the launch of the company's newly launched compact SUV - Kushaq.
1 min read
Reuters | Aug 1, 2021
India's July Gasoline Sales Above Pre-Pandemic Levels: Report
Daily sales of gasoline rose to 76,500 tonnes in July, a jump of about 3.6 per cent over the corresponding 2019 period and 5.7% over June this year, preliminary industry data showed on Friday.
1 min read
Seshan Vijayraghvan | Aug 1, 2021
Upcoming Citroen SUV, Codenamed CC21, Spotted Testing In India Again
The prototype model of the Citroen subcompact SUV, codenamed CC21, is still heavily covered in camouflage, so there is very little for us to comment on the design and styling of the car. However we can see that its undergoing emission testing.
1 min read
Ameya Naik | Aug 1, 2021
BASF And Porsche Partner To Develop High-Performing Lithium-Ion Batteries For Electric Vehicles
As part of the collaboration, BASF will provide high-energy HEDTM NCM cathode active materials to contribute to high-performance battery cells for fast charging and high energy density.
1 min read
Sameer Contractor | Aug 1, 2021
Yamaha Begins Vaccination Drive For Employees At Surajpur And Kancheepuram Plants
Yamaha aims to administer at least the first dose to all of its plant employees before August 15, while the second dose will be administered by November 15, 2021.
1 min read
car&bike Team | Aug 1, 2021
Top 4 Rivals: Maruti Suzuki Baleno
Maruti Suzuki India launched a facelift for the premium hatchback in January 2019, and later, the same year, the company launched the BS6 version of the Baleno in India.
1 min read
Reuters | Aug 1, 2021
Tesla Agrees To Pay $1.5 Million To Settle Claims Over Temporary Battery Voltage Reduction
Owners of the vehicles will get $625 each, which is "many times the prorated value of the temporarily reduced maximum voltage," according to the proposed settlement documents filed Wednesday in U.S. District Court in San Francisco.
1 min read
Ameya Naik | Aug 1, 2021
Board Approves Separation Of Mercedes-Benz Truck And Car Businesses
The Daimler shareholders will decide on this realignment of their company at an extraordinary general meeting on 1 October this year.
1 min read

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