Auto Industry

car&bike Team
Oct 20, 2021, 6:32 PM
Xiaomi Corp CEO Lei Jun reportedly aims for the company to mass produce its own cars by the first half of 2024. The date marks the next major target for the company's fledgling electric vehicle (EV) division.
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- Reuters | Oct 20, 2021At Least 50% Of Aston Martin Car Sales Should Be Electric By 2030, Says CEOAt least 50% of Aston Martin's sales should be electric models by 2030, said CEO Tobias Moers on Tuesday.1 mins
- car&bike Team | Oct 20, 2021Volkswagen Executive Sees Global Chip Shortage Running Well Into 2022Volkswagen AG's top Americas executive said on Tuesday the global semiconductor chip shortage will run well into next year. "Without a doubt, this shortage is going to go well into 2022, at least the second half of '22," Volkswagen Group of America Chief Executive Scott Keogh.1 mins
- Seshan Vijayraghvan | Oct 19, 2021Planning To Buy The Renault Kwid? Here Are 5 Pros And ConsThe Renault Kwid is one of the more popular entry-level hatchbacks in the country. And if you are planning to buy the car right now, we would ask you to check out these 5 pros and cons first.1 mins
- car&bike Team | Oct 19, 2021Foxconn Bullish On Electric Vehicle Prospects As It Shows Off Three PrototypesTaiwan's Foxconn unveiled its first three electric vehicle prototypes on Monday, underscoring ambitious plans to diversify away from its role of building consumer electronics for Apple Inc and other tech firms.1 mins
- Sahil Gupta | Oct 18, 2021Mercedes AMG S63e Spied, A Hybrid With More Than 690 bhpThe car looks ready for production and it could launch in 2022 though delays could happen thanks to the global semiconductor crisis.1 mins
- Shubham Parashar | Oct 18, 2021Tata Punch EV Under ConsiderationWe told you that Tata Motors was open to the idea of developing an EV iteration of the new Tata Punch and now the carmaker has confirmed that the Tata Punch EV is in the conceptualisation phase.1 mins
- car&bike Team | Oct 18, 2021Ford To Invest Around $300 Million To Build Electric Car Parts At UK PlantFord said on Monday it would invest up to 230 million pounds ($316 million) to build electric car components at its Halewood factory in northern England.1 mins
- car&bike Team | Oct 18, 2021Czech Car Sector To Make 250,000 Fewer Vehicles This Year Due To Chip ShortageCzech car makers will produce quarter a million fewer cars than expected this year due to the global shortage of chips and the automotive sector will lose 200 billion crowns ($9.14 billion) in sales, the Auto Industry Association (AutoSAP) said.1 mins