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Reuters
Dec 31, 2022, 12:15 PM
The Federal Aviation Administration (FAA) issued the airworthiness criteria that Archer Aviation will need to meet for its M001 air taxi to be certified for use.
2 Min
Reuters | Dec 31, 2022Oil Set To End Turbulent 2022 With Second Annual GainOil rose and was on track for a second straight annual gain in a volatile year marked by tight supplies because of the Ukraine war and weakening demand from the world's top crude importer, China.2 mins read
Reuters | Dec 31, 2022Indian Shares Rebound On Slide In Oil Prices, Dec F&O Series ExpiryIndian shares swung to gains in the final hour, on slide in oil prices due to demand concerns in China, while volatility was high in domestic market with the expiration of the December derivatives series.1 min read
Reuters | Dec 31, 2022Rupee Down As Oil Prices Gain Further, Forward Premiums FallThe Indian rupee eased slightly as oil prices rose and investors assessed China's move to ease COVID curbs while cases continued to rise in the country.1 min read
Reuters | Dec 31, 2022Russia's Angarsk Oil Refinery Says Fire Extinguished, Fuel Production ContinuesA fire that killed two people at Russia's Angarsk refinery has been extinguished.1 min read
Reuters | Dec 31, 2022Musk Tells Tesla Workers Not To Be 'Bothered By Stock Market Craziness'Tesla's plummeting share price has hurt the value of shares owned by the EV maker's employees. Tesla has offered stock compensation for most employees including factory workers.2 mins read
Reuters | Dec 31, 2022India's Fuel Demand Hits Eight-Month Peak In NovemberIndia's fuel demand climbed to an eight-month high in November.1 min read
Reuters | Dec 31, 2022India Orders Rickshaws Around Delhi To Run On Cleaner FuelIndia is to ban the use of diesel autorickshaws in areas around the capital Delhi, expanding restrictions introduced in the city itself to tackle some of the worst city air quality in the world.1 min read
Reuters | Dec 31, 2022Tesla To Freeze Hiring, Lay Off Employees Next Quarter - ReportThe reported move comes at a time when Tesla investors have raised concerns over Chief Executive Elon Musk's distraction with managing Twitter.1 min read
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Car News
Yash Sunil | Jun 7, 2023Kia Seltos Achieves The 5 Lakh Sales MilestoneSince it was first launched in August 2019, the Seltos has garnered quite a massive popularity in India and helped establish the Kia brand in the Indian market.1 min read
Girish Karkera | Jun 7, 2023Honda Elevate To Skip Hybrid Powertrain Option; To Make The Leap To Full ElectrificationWhile Honda was the first to renew interest in strong hybrid powertrains with the launch of the City e:HEV, it won’t offer that option with its to-be-launched SUV.3 mins read
Sidharth Nambiar | Jun 7, 2023Maruti Suzuki Jimny 5-Door Launched At Rs 12.74 LakhThe SUV is available in two variants- Zeta and Alpha, both of which are available in automatic and manual transmission options2 mins read
Jafar Rizvi | Jun 6, 2023Honda Elevate: All You Need To Know About Honda's New Compact SUVThe Tapukara plant in Rajasthan will be the manufacturing hub for the Honda Elevate.3 mins read
Jafar Rizvi | Jun 6, 2023Nissan Magnite Achieves 1 Lakh Production MilestoneIt took the company nearly 3 years to achieve this milestone1 min read
Electric Mobility
Ameya Naik | Nov 29, 2020Elektrobit Unveils New Software Platform For Next-Gen Vehicle Electronics ArchitecturesThe EB xelor platform provides car makers and Tier 1 suppliers with a secure, stable, and easily upgradable software foundation for connected and intelligent vehicles, allowing them to focus less on automotive infrastructure and more on innovation.1 min read
Sameer Contractor | Nov 29, 2020Magenta Power Launches New Business Associate Program To Set-Up Low Cost EV Charging StationsMagenta Power aims to increase its EV charging support infrastructure network across 300 districts in India with the initiative, expanding its ChargeGrid brand.1 min read
Charanpreet Singh | Nov 28, 2020Government To Provide Special Permission For Electric & Bio-Fuel Operated Two-Wheeler TaxisIn the latest interaction session with FADA Governing Council Members, the Union Minister for Road Transport and Highways of India Nitin Gadkari has informed that the electric and biofuel operated two-wheelers can be used as a taxi.1 min read
Sameer Contractor | Nov 28, 2020Final Ather 450 Rolls Off The Assembly Line; Replaced With New 450X & 450 PlusThe Ather 450 was the company's halo product launched back in 2018 and helped the Bengaluru start-up put its name on the map in the electric mobility sector. The company is now replacing the 450 with new and improved 450 Plus and 450X that share the same underpinnings but with hardware and software enhancements.1 min read
Seshan Vijayraghvan | Nov 27, 2020Ashok Leyland Reveals Its Global EV Plans; Renames Optare Group As Switch MobilityHome-grown commercial vehicle manufacturer, Ashok Leyland, has announced its global electric vehicle plans, under which the company has renamed its UK-based subsidiary, Optare Group as Switch Mobility. Under the new brand, the company plans to expand its global EV footprint and also introduce new mobility services.1 min read
Auto Industry
Charanpreet Singh | Jul 30, 2021Hyundai Motor And Hyundai Electric Join Hands To Develop Hydrogen Fuel Cell PackageUnder the agreement, the two parties will develop a hydrogen fuel cell package dedicated to mobile power generators and alternative maritime power (AMP) supply solutions.1 min read
Seshan Vijayraghvan | Jul 30, 2021Porsche Reports An Operating Result Of 2.79 Billion Euros In First Half Of 2021Between January and June 2021, the company achieved sales revenues of 16.53 billion euros, along with an operating result of 2.79 billion euros, while the return on sales was 16.9 per cent.1 min read
car&bike Team | Jul 30, 2021Indian Oil Corp Reports Three-Fold Surge In Quarterly ProfitIndian Oil Corp Ltd (IOC), the country's top refiner, on Friday reported a three-fold rise in net profit in the June quarter, helped by higher gross refining margins as prices of oil products surged.1 min read
Ameya Naik | Jul 30, 2021Continental Opens Development Centre For Software And Systems In ChinaThe technologies developed in China by Continental are embedded in innovative driver assistance systems1 min read
Charanpreet Singh | Jul 30, 2021Tata Motors To Increase Prices Of Passenger Vehicles From August: ReportTata Motors will increase the prices of its passenger vehicles from next week. The company aims to offset the steep rise in procurement costs of essential materials like steel and precious metals.1 min read
Ameya Naik | Jul 30, 2021Volkswagen Taigo Crossover Revealed For The European MarketDimension-wise, it comes with a length of 4,266mm, width of 1,757mm and height of 1,493mm, while the wheelbase stands at 2,566mm.1 min read
Seshan Vijayraghvan | Jul 30, 2021Switch Mobility Receives Minority Investment From Dana; To Partner On Electrified CVsDana, drivetrain and e-propulsion systems maker will make a minority investment of $18 million in Switch Mobility and will also be a preferred supplier of electric drivetrain components.1 min read
Reuters | Jul 30, 2021Oil Prices Drop, But On Track For Steep Weekly GainEven with coronavirus cases rising in the United States, all around Asia and parts of Europe, analysts said higher vaccination rates would limit the need for the harsh lockdowns that gutted demand during the peak of the pandemic last year.1 min read
car&bike Team | Jul 30, 2021Renault Forecasts 2021 Profit Despite Global Chip ShortageFrench carmaker Renault said on Friday it expected to post a full-year 2021 profit despite a worsening semiconductor chip shortage and rising raw materials costs.1 min read