Latest News

Mahindra To Invest $1.2 Billion (Rs. 10,000 Crore) In New EV Plant
Mahindra 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.
China's Li Auto Sees Higher Deliveries In Q4; Third-Quarter Loss Widens
Dec 28, 2022 03:22 PM
Li 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.
China's CATL To Provide EV Batteries For Honda Starting In 2024
Dec 28, 2022 03:22 PM
CATL would supply batteries for seven years for Honda's electric vehicles in China.
Swedish Self-Driving Truck Start-Up Einride Raises More Cash
Dec 28, 2022 03:22 PM
Einride 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.

Toyota Launches Second Hybrid Vehicle In India Amid Green Car Push
Dec 28, 2022 03:22 PM
Toyota 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.

Japan Lawmaker Says TSMC Is Considering Second Plant In Japan
Dec 28, 2022 03:22 PM
A senior Japanese lawmaker said that Taiwan Semiconductor Manufacturing Co is considering building a second plant in Japan.
TVS MotoSoul Biking Festival Returns; Will Be Held On March 3-4
Dec 27, 2022 10:57 PM
The second edition of TVS MotoSoul biking festival is set to return after more than 3 years on March 3 and 4, 2023. The two-day motorcycle and music festival will be held at Hilltop Vagator, Goa and TVS says it will be grander in every aspect.

Tesla To Run Reduced Output In Shanghai In January, Plan Shows
Dec 27, 2022 09:52 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

Ducati World Champion Replica Bikes Booked Out Within Two Hours
Dec 27, 2022 09:51 PM
The Ducati Panigale V4 2022 World Champion Replica bikes were $63,000 (over Rs. 52 lakh approximately) each, and all available bikes were sold out within hours.
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