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Reuters

Dec 28, 2022, 3:23 PM

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.

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  Reuters | Dec 28, 2022

  China's Li Auto Sees Higher Deliveries In Q4; Third-Quarter Loss Widens

  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.

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  Reuters | Dec 28, 2022

  China's CATL To Provide EV Batteries For Honda Starting In 2024

  CATL would supply batteries for seven years for Honda's electric vehicles in China.

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  Reuters | Dec 28, 2022

  Swedish Self-Driving Truck Start-Up Einride Raises More Cash

  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.

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  Reuters | Dec 28, 2022

  Toyota Launches Second Hybrid Vehicle In India Amid Green Car Push

  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.

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  Reuters | Dec 28, 2022

  Japan Lawmaker Says TSMC Is Considering Second Plant In Japan

  A senior Japanese lawmaker said that Taiwan Semiconductor Manufacturing Co is considering building a second plant in Japan.

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  Seshan Vijayraghvan | Dec 27, 2022

  TVS MotoSoul Biking Festival Returns; Will Be Held On March 3-4

  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.

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  Reuters | Dec 27, 2022

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

  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

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  car&bike Team | Dec 27, 2022

  Ducati World Champion Replica Bikes Booked Out Within Two Hours

  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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