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Reuters
Dec 31, 2022, 12:12 PM
The European Commission has recommended extending 2010's Motor Vehicle Block Exemption Regulation (MVBER) for five years when it expires in 2023, with some supplementary guidelines.
1 Min
Reuters | Dec 31, 2022Tesla Driver In Multi-Car Crash Told Police Self-Driving Software MalfunctionedThe police report said the vehicle made an unsafe lane change and was slowing to a stop, which led to another vehicle hitting the Tesla and a chain reaction of additional crashes.2 mins read
Reuters | Dec 31, 2022Tesla Falls On Growing Angst Over Musk's Focus On TwitterAnalysts say investors are worried that Musk may need to sell shares further to fund Twitter and sentiment around the acquisition of the social media firm could hurt the EV maker's brand.1 min read
Reuters | Dec 31, 2022Elon Musk's Vow To Not Sell More Tesla Stock Fails To Calm InvestorsTesla shares are down 64% for the year, in what could be their worst annual performance since going public in 2010 as investors worry that Twitter was consuming much of the billionaire's time.2 mins read
Reuters | Dec 31, 2022Israeli Startup Makes Inroads With Personal Flying VehicleThe test-phase voyage may not look out of the ordinary at first given the huge progress made in drone technology. Another propellered aircraft rising vertically off the ground and then thrusting forward high in the sky.1 min read
Reuters | Dec 31, 2022Investor In Musk's Twitter Buyout Expects To Make Up To Five Times Its MoneyOne of the biggest investors in Musk's acquisition of Twitter, Aliya Capital Partners LLC, said it expects to make up to five times its money despite the social media company's problems.2 mins read
Reuters | Dec 31, 2022TuSimple Plans To Layoff Half Its Workforce Next Week - ReportSelf driving trucking company TuSimple Holdings Inc plans to potentially cut half of its workforce next week.1 min read
Reuters | Dec 31, 2022Mahindra To Invest $1.2 Billion (Rs. 10,000 Crore) In New EV PlantMahindra Ltd said it would invest 100 billion rupees ($1.21 billion) to set up an electric vehicle (EV) manufacturing plant near the western city of Pune.1 min read
Reuters | Dec 31, 2022China's Li Auto Sees Higher Deliveries In Q4; Third-Quarter Loss WidensLi Auto Inc forecast higher delivery of vehicles and a rise in revenue in the fourth quarter, banking on a production ramp-up and better cost management.1 min read
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Car News
car&bike Team | Jun 10, 2023Jaguar Unveils Limited Edition E-Type ZP Collection: A Tribute to Racing HeritageJaguar pays tribute to the iconic racing history of the E-type with the exclusive E-type ZP Collection5 mins read
car&bike Team | Jun 10, 2023Renault Begins Deliveries Of Updated Kiger And Triber AMT ModelsThe Kiger and Triber AMT are priced between Rs 8.12 lakhs to Rs 8.47 lakhs (ex-showroom Delhi)1 min read
car&bike Team | Jun 10, 2023Volvo Cars Reports 31 Per Cent Increase In Global Sales In May 2023; EV Sales Up By 196 Per CentDuring the month of May, the Volvo XC60 emerged as the top-selling model, with sales totalling 18,052 vehicles, followed closely by the XC40, which achieved sales of 17,596 units1 min read
car&bike Team | Jun 10, 2023GM Announces Partnership With Tesla To Expand EV Charging Access In North AmericaThe collaboration is aimed at expanding charging accessibility for GM EV drivers at Tesla Superchargers across North America1 min read
Yashraj Singh | Jun 10, 2023Ferrari Secures Le Mans Pole After 50 Years, Ending Toyota's ReignThe Ferrari 499P’s raw pace was on display as the Maranello-based team displaced Toyota from pole position for the 100th anniversary of the legendary 24 hours of LeMans6 mins read
Electric Mobility
Sahil Gupta | Oct 26, 2020Tesla Preparing Megachager Network For Semi Electric TruckAs per a report by Electrek, Tesla is working on a network with third parties who could help build it up as a standard.1 min read
Sahil Gupta | Oct 26, 2020Chinese EV Startup XPENG To Release Self Driving Capability in 2021This comes at a time when Tesla is also already providing a beta of its full self-driving capability.1 min read
car&bike Team | Oct 26, 2020Geely's New EV Plant Will Build Premium Polestar Cars: ReportAn electric vehicle (EV) factory planned by Chinese automaking group Geely will produce cars under the premium Polestar marque, two people with direct knowledge of the matter told Reuters on Monday.1 min read
Sahil Gupta | Oct 23, 2020Tesla Crushes Q3 2020 Earnings With $800 Million ProfitImportantly for Tesla, this means it has even more cash on hand. It has $14.5 billion in cash1 min read
car&bike Team | Oct 23, 2020Tesla Fires The Man Behind Its GigaFactoriesHoretsky joined the world's most valuable automative company in 2015 to setup its first Nevada Gigafactory project.1 min read
Auto Industry
Seshan Vijayraghvan | Jul 2, 2021Tractor Sales June 2021: Mahindra's Farm Equipment Sector Sells 46,875 Tractors In The Domestic MarketIn June 2021, Mahindra's Farm Equipment Sector sold 46,875 tractors in the domestic markets, witnessing a growth of 31 per cent compared to 35,844 units sold in June 2020.1 min read
Seshan Vijayraghvan | Jul 2, 2021Maruti Suzuki Extends Free Service And Warranty Period Until July 31Maruti Suzuki has extended its free service, warranty and extended warranty plans which have or will expire between March 15, 2021 to June 30, 2021. These will be extended up to July 31, 2021.1 min read
car&bike Team | Jul 1, 2021Two-Wheeler Sales June 2021: Hero MotoCorp Sells 4.6 Lakh Units; Over 1 Million Units In Q1 FY 2022Hero MotoCorp reports sales of 10.24 lakh units in the first quarter of the current financial year (April to June 2021).1 min read
car&bike Team | Jul 1, 2021Two-Wheeler Sales June 2021: Royal Enfield Sales Remain Flat In Domestic MarketRoyal Enfield reported just 13 per cent over sales growth, but exports continue to improve, with 365 per cent growth in June 2021.1 min read
Seshan Vijayraghvan | Jul 1, 2021Car Sales June 2021: Honda Sells 4,767 Units In The Domestic MarketHonda Cars India has released its monthly sales numbers for June 2021, and last month the Japanese carmaker's sales in the domestic sales stood at 4,767 units.1 min read
car&bike Team | Jul 1, 2021Two-Wheeler Sales June 2021: TVS Exports Power 27 % Sales GrowthTVS Motor Company reported overall sales of 2,51,886 units in June 2021, a growth of 27 per cent over 1,98,387 unit sales in June 2020.1 min read
Shubham Parashar | Jul 1, 2021Car Sales June 2021: Kia India Sells 15,015 Units In Domestic MarketThe Korean brand sold 8,549, 5,963 and 503 units of the Kia Seltos, Sonet and Carnival respectively.2 mins read
Shubham Parashar | Jul 1, 2021Car Sales June 2021: Mahindra Sells 16,913 Passenger Vehicle Units In IndiaIn the utility vehicle segment, Mahindra witnessed an uptick of 109 per cent selling 16,636 units as compared to 7958 units the company sold a year ago and in the cars + vans segment sales went up by 137 per cent at 277 units as compared to 117 units sold a year ago.1 min read
Seshan Vijayraghvan | Jul 1, 2021Car Sales June 2021: Hyundai Registers Cumulative Sales Of 54,474 UnitsHyundai Motor India today released the monthly sales numbers for June 2021, during which the company registered total sales (domestic + exports) of 54,474 units. Compared to May 2021, when the company sold 30,703 units cumulatively, Hyundai witnessed a month-on-month (MoM) growth of over 77 per cent.1 min read