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The world's largest contract chipmaker said its capital expenditure in 2023 would decrease to $32-36 billion from $36.3 billion in 2022.

Wholesale passenger vehicle volumes rose to 235,309 units in December from 219,421 units a year ago, and hit a record high of nearly 3.8 million units for calendar 2022, said SIAM, which records sales to dealers.

At an industry event for customised cars in Chiba, east of Tokyo, the Japanese automaker unveiled two cars of the AE86 generation, one modified as a battery-electric vehicle and the other as a hydrogen-engine model.

Localising cell manufacturing for EV batteries is key to increasing local components in electric cars and will help the automaker develop a local supply chain too, Tata Motors' P.B. Balaji said on the sidelines of India's Auto Expo 2023.

Moto Vault has showcased the Zontes 350 E and 350 D at Auto Expo 2023. We expect them to be launched in India later this year, possibly priced at around Rs. 5 lakh.

The Vayve Eva gets a 14 kWh battery pack which can be charged using a charging socket, or the solar panels on its roof.

The NXG concept caters towards the passenger mobility space while the NXU previews a scoter for commercial applications.

The company debuted a pair of electric light commercial vehicles with a payload capacity of up to 4 tonnes