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Reuters
Dec 31, 2022, 12:11 PM
Self driving trucking company TuSimple Holdings Inc plans to potentially cut half of its workforce next week.
1 Min
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
Reuters | Dec 31, 2022China's CATL To Provide EV Batteries For Honda Starting In 2024CATL would supply batteries for seven years for Honda's electric vehicles in China.1 min read
Reuters | Dec 31, 2022Swedish Self-Driving Truck Start-Up Einride Raises More CashEinride had agreed to raise capital of $500 million from debt, equity and the conversion of earlier loans, speeding up the company's ability to pursue new markets and customers.1 min read
Reuters | Dec 31, 2022Toyota Launches Second Hybrid Vehicle In India Amid Green Car PushToyota launched its second hybrid car in India, a seven-seat people-carrier, as part of a broader strategy to double-down on the sale of electrified vehicles in emerging markets.1 min read
Reuters | Dec 31, 2022Japan Lawmaker Says TSMC Is Considering Second Plant In JapanA senior Japanese lawmaker said that Taiwan Semiconductor Manufacturing Co is considering building a second plant in Japan.2 mins read
Reuters | Dec 31, 2022Tesla To Run Reduced Output In Shanghai In January, Plan ShowsTesla will run production for 17 days in January between Jan. 3 to Jan. 19 and will stop electric vehicle output from Jan. 20 to Jan. 31 for an extended break for Chinese New Year2 mins read
Reuters | Dec 31, 2022Uber, Motional Launch Robotaxi Service In Las VegasThe launch is part of a non-exclusive 10-year agreement between both the companies for driverless vehicles, with a rollout in Los Angeles expected to follow.1 min read
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Car News
Sidharth Nambiar | Jun 9, 2023Maruti Suzuki Tour H1 Launched For Fleet Segment, Prices Begin At Rs 4.8 LakhBased on the Alto K10, the Tour H1 is available in both petrol and CNG engine options for the taxi segment.2 mins read
Sidharth Nambiar | Jun 9, 2023Third-Generation Lexus GX UnveiledThe new Lexus GX SUV looks meaner, is loaded with features, and makes more power than its predecessor3 mins read
car&bike Team | Jun 9, 2023Daimler India Commercial Vehicles Enters Pre-owned Commercial Vehicle BusinessThe programme will initially be available in Bengaluru before expanding to other cities across India1 min read
Amaan Ahmed | Jun 8, 2023Innova Hycross-Based Maruti Suzuki Invicto MPV To Be Launched On July 5Set to become the flagship model in Maruti Suzuki’s passenger vehicle portfolio, the new MPV will be manufactured at Toyota’s plant in Bidadi, Karnataka.3 mins read
car&bike Team | Jun 8, 2023Tesla's Model S Plaid Breaks Nürburgring Record, Cements EV DominanceThe Model S Plaid with the 'Track Pack' shattered the lapped the Nürburgring in a record time of 7 minutes and 25.231 seconds. This achievement solidifies Tesla's leadership in the electric vehicle industry.1 min 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, 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
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