The legendary Royal Enfield Bullet 350 is all set to be revived in an all-new form, with the new J-series 350 cc platform. The new Bullet 350 will be launched on August 30, 2023.
The Tata Group will invest over Rs 42,000 crore into the battery gigafactory, which will produce LFP and NMC chemistry cells for mobility and energy storage purposes.
The two new variants will be positioned between the entry-level XE trim and the XM+ variant and are priced at Rs. 6.90 lakh and 7.35 lakh (ex-showroom, Delhi) respectively.
Tesla's first Cybertruck rolls off the assembly line at Gigafactory Texas, marking a milestone in production. Handover to the customer is expected to take place in September of 2023.
Do small turbo engines make sense? What are the good, the bad and the exciting bits about owning a subcompact SUV with a turbo mill. We try to find out.
China's BYD and autonomous driving startup Momenta have established a 100 million yuan ($15.7 million) joint venture to deploy autonomous driving capabilities across certain BYD car model lines, according to a Momenta statement and a person familiar with the matter.
Jidu, an electric vehicle venture between China's tech giant Baidu and Chinese automaker Geely, would make EVs that are of the autonomous Level-four, which needs no human intervention.
The new Volkswagen ID.Buzz is essentially and modern electric avatar of the iconic VW Bus, and the company is expected to showcase the production version of the EV in 2022.
A Volkswagen spokesperson confirmed Diess' position that Tesla and others' presence in Germany heightened the urgency of transitioning to EVs, but denied that specific calculations had been made on how many jobs could be lost in the process.
More than 25 companies, including automakers Mahindra & Mahindra and Volvo, oil giant Shell, and clean mobility startups, want India to set firm targets and frame policies to support the transition to electric vehicles.
The companies are also exploring a setup where CATL would have a U.S. plant that would make battery cells and ship them to the ELMS plant in Indiana for assembly into battery packs.
A global shortage of semiconductors, triggered partly by surging demand for laptops and other electronic products during the pandemic, has shuttered some auto production lines globally this year. Hyundai temporarily suspended some factories.
BMW and Toyota Motor Corp have been investors in GaN Systems for several years, and Witham said GaN recently signed its first "capacity agreement" with BMW to guarantee delivery of power chips worth over a quarter of a billion dollars.
NXP Chief Executive Kurt Sievers said the company intended to focus on key areas where more chips are going into cars and where NXP believes it can hold a market position at least twice that of any competitor.
The latest funding comes on the heels of a $160 million round in August that boosted the companys valuation to $890 million, according to investor website PitchBook.
