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 electric vehicle (EV) market.
The first outcomes from the partnership between Volkswagen's software unit Cariad and Bosch, announced in January this year, are planned for 2023, the statement said.
Volkswagen disclosed a $2.6 billion investment in Argo AI, the Pittsburgh-based self-driving startup, in June 2020. Ford has invested in the start-up as well.
The Austin-based electric vehicle company said the second-row left seat belt buckle and second-row center seat belt anchor may have been incorrectly reassembled during vehicle service.
Data showed record U.S. crude exports, a hopeful sign for demand. Speculation that central banks could be nearing the end of rate-hiking cycles added support, after the European Central bank raised rates by 75 basis points.
Commercial vehicle sales and financing have seen a resurgence following a pandemic-stirred slump, with improving loan repayments also leading to better asset quality for both bank and non-bank lenders.
The U.S. Department of Justice launched the previously undisclosed probe last year following more than a dozen crashes, some of them fatal, involving Tesla's driver assistance system Autopilot, which was activated during the accidents, the people said.
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.
Auto parts supplier Aptiv Plc said it would acquire a majority stake in a unit of Italy' Intercable for 595 million euros ($605.71 million), allowing the U.S. company access to technology used in electric vehicles (EVs).
The Datsun Redi-GO was launched in 2016, and it’s based on the same CMF-A platform as the Renault Kwid. While the car is no longer on sale in India, you can still find one in the used car market, but before you start looking for one, here are some pros and cons you must consider first.
Tesla Inc has dissolved its media relations team in the United States, news website Electrek reported on Tuesday, in yet another unconventional move by the world's most valuable automaker.
The Federation of Automobile Dealers Associations (FADA) has released the monthly new vehicle registration data for May 2021. Last month the industry collectively saw 5,35,855 registrations, a month-on-month (MoM) drop of 55 per cent compared to 11,85,374 vehicles registered in April 2021.
When asked about the launch timeline for the EQS, Santosh Iyer, VP - Sales & Marketing, Mercedes-Benz India told carandbike that the company has no plans to launch the EQS or any other EV at least for next one year.
In Delhi petrol is priced at Rs. 95.56 per litre, while diesel has touched Rs. 86.47 per litre. At the same time, petrol rates in Mumbai are inching towards Rs. 102 per litre mark.
While the concept of doorstep vehicle servicing itself is not new, in recent times it has gained quite a bit of popularity, particularly, since the onslaught of the COVID-19 pandemic. Right now several OEMs and third-party brands offer this service to car owners.
