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Dec 31, 2022, 12:06 PM
China's BYD, in which Berkshire Hathaway owns a stake, said it will roll out an electric sports utility vehicle, ATTO 3, in Japan starting Jan. 31. The car has a cruising distance of 485 kilometres and will cost 4.4 million yen ($32,735.66).
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Reuters | Dec 31, 2022Siemens, Others Call For Only Zero-Emission Freight Trucks To Be Sold In EU By 2035In a letter published on Thursday the group said its signatories "urge the European Commission to set all new freight trucks on a path to zero emission from 2035," with a five-year exemption for vocational vehicles such as construction, mining and timber trucks that will require longer to develop and produce at scale.1 min read
Reuters | Dec 31, 2022How A Secret Software Change Allowed FTX To Use Client MoneyIn mid-2020, FTX's chief engineer made a secret change to the cryptocurrency exchange’s software. He tweaked the code to exempt Alameda Research, a hedge fund owned by FTX founder Sam Bankman-Fried, from a feature on the trading platform that would have automatically sold off Alameda's assets if it was losing too much borrowed money.4 mins read
Reuters | Dec 31, 2022Europe's Car Repairers Call For Competition Rules RewriteThe 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 read
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, 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
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Car News
Amaan Ahmed | Jun 7, 2023Volvo EX30 Electric SUV Revealed: Entry-Level Volvo EV Has Up To 480 KM RangeThe smallest Volvo SUV till date, the EX30 will be offered with two battery pack options; India launch likely in 2024.1 min read
car&bike Team | Jun 7, 2023Used Car 101: Top Features You Must Look For When Buying A Used CarPlanning to buy a used car? Here are some key features that you should look for one.3 mins read
Jafar Rizvi | Jun 7, 2023Top 5 Off-Road Cars In IndiaWe have compiled a list of some of the best off-road cars in India4 mins read
car&bike Team | Jun 7, 2023Hyundai Introduces New Le Blanc Trim For Palisade SUV In South KoreaThe Le Blanc trim is positioned above the base Exclusive and Prestige trims but below the Calligraphy trim1 min read
car&bike Team | Jun 7, 2023New Ford F-150 Shelby Centennial Edition Revealed; Develops Up To 789 bhpThe Centennial Edition is limited to just 100 units and develops up to 789 bhp when optioned with the supercharger.1 min read
Electric Mobility
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- car&bike Team | Oct 23, 2020Tesla Being Courted To Invest By Multiple States In IndiaMany Indian states are now courting Tesla as it prepares to scale factories and production beyond China, Europe and the US.1 min read
Auto Industry
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
Ameya Naik | Jul 1, 2021The Flying Car Completes Its First Ever Inter-City FlightThe AirCar Prototype 1 is equipped with a 160 horsepower BMW engine with fixed-propeller and a ballistic parachute.1 min read
Seshan Vijayraghvan | Jul 1, 2021Car Sales June 2021: Maruti Suzuki's Total Sales Reach 147,368 Units As Lockdown Eases In IndiaMaruti Suzuki India has released the monthly sales numbers for June 2021, during which the company's total sales (domestic + exports) stood at 147,368 units. This includes the cumulative domestic sale of 130,348 units and exports of 17,020 units.3 mins read
Ameya Naik | Jul 1, 2021Auto Sales June 2021: Toyota Sells 8801 Units As Lockdown Eases Across IndiaThe cumulative wholesales of Toyota in the first six months of the calendar year 2021, stands at 59332 units when compared to 28686 units sold in the corresponding period last year, thereby registering a growth of 107 per cent.1 min read