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Reuters
Feb 27, 2023, 5:40 PM
The battle has made it much more difficult for money-losing U.S. startups such as Rivian Automotive Inc and Lucid to grab market share at a time when high borrowing costs and inflation have pinched consumer wallets.
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Reuters | Feb 27, 2023GM Inks Deal With GlobalFoundries To Secure U.S.-Made ChipsGlobalFoundries said the agreement for at least three years was the first of its kind and establishes a dedicated capacity exclusively for GM's key chip suppliers at their upstate New York fabrication facility.0 mins read
Reuters | Feb 27, 2023U.S. Set To Loan Redwood Materials $2 Billion For EV materials PlantEnergy Secretary Jennifer Granholm said that, if finalized, the loan will help the project create critical materials for electric vehicle batteries.0 mins read
Reuters | Feb 27, 2023In China, Tesla Could Win Electric Vehicle Price Battle - But Lose The WarMost immediately, Tesla's January price cuts drove deliveries of its China-made vehicles up 18% from December. Tesla's thick profit margins have put it in a position to take a price war to competitors in China and beyond, analysts say.0 mins read
Reuters | Feb 27, 2023India's January Wholesale Passenger Vehicle Volume Up On Consumer Sentiment - SIAMSales of the now-popular and mostly pricier UVs grew around 28% and continued to outnumber that of passenger cars - which include entry-level cars and sedans - in January, according to SIAM data.0 mins read
car&bike Team | Feb 27, 2023Honda Teases New 100 cc ‘Shine’ Motorcycle; Launch On March 15, 2023Honda Motorcycle and Scooter India is all set to launch a new 100 cc commuter motorcycle. It is likely to be a new variant under the ‘Shine’ brand.0 mins read
Sidharth Nambiar | Feb 27, 2023Indian Motorcycle Add Sport Chief To Its Chief Cruiser Line-upThe bike is priced at £19,995 GBP and joins Indian’s already existing Chief cruiser line-up that includes the Chief Dark Horse, Chief Bobber Dark Horse, and Super Chief Limited.0 mins read
car&bike Team | Feb 27, 2023Citroën Ë-C3 Launched In India; Prices Start At Rs. 11.5 LakhCitroën India’s first fully electric vehicle, the Ë-C3 is now on sale in India. Introductory prices begin at Rs. 11.5 lakh (ex-showroom).0 mins read
car&bike Team | Feb 27, 2023Hyundai Alcazar Introduced With New 1.5 Turbo GDi Petrol Engine; Bookings OpenHyundai Motor India introduced the Alcazar with a new 1.5-litre turbo GDi petrol engine. Prices for variants with new engine are yet to be announced, although bookings for the new variants have begun.0 mins read
