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Mahindra, as part of its long-range strategy, is considering whether to build vehicles in North America, to take advantage of incentives built into the U.S. Inflation Reduction Act.

Mahindra CEO Sees U.S. Entry For New Electric Vehicles At Least Five Years Away

Dec 31, 2022 05:44 PM

1 mins read

Mahindra, as part of its long-range strategy, is considering whether to build vehicles in North America, to take advantage of incentives built into the U.S. Inflation Reduction Act.

India November Auto Sales: Car, Tractor, Truck Sales Rise

By Reuters

Dec 31, 2022 05:43 PM

The festive season helped drive strong overall sales at most Indian automakers in November.

Musk Delivers First Tesla Truck, But No Update On Output, Pricing

By Reuters

Dec 31, 2022 05:43 PM

Tesla CEO Musk delivered the company's first heavy-duty Semi to PepsiCo without offering updated forecasts for the truck's pricing, production plans or how much cargo it could haul.

Apple Scales Back Self-Driving Car, Delays Launch To 2026: Report

By Reuters

Dec 31, 2022 05:43 PM

The company's automotive efforts, known as Project Titan, have proceeded unevenly since 2014, when it first started to design a vehicle from scratch.

Volkswagen To Refocus On Raising Productivity, Warns Of Challenging 2023 - Finance Chief

By Reuters

Dec 31, 2022 05:43 PM

The carmaker is targeting margin parity between electric and combustion engine cars in next 2-3 years

Tesla To Run Reduced Output In Shanghai In January, Plan Shows

By Reuters

Dec 31, 2022 05:43 PM

Tesla 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 Year

Oil Prices Climb On Easing China COVID-19 Curbs, Concerns Over U.S. Storm Impact

By Reuters

Dec 31, 2022 05:43 PM

Oil prices rose to three-week highs on Tuesday as China's latest easing of COVID-19 restrictions raised fuel demand hopes and concerns that winter storms across the United States are affecting energy production

Uber, Motional Launch Robotaxi Service In Las Vegas

By Reuters

Dec 31, 2022 05:43 PM

The 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.