Auto Industry

car&bike Team

Oct 24, 2021, 6:20 PM

Tesla Says New Factories Will Need Time To Ramp Up, Posts Record Revenue

Tesla Inc said on Wednesday its upcoming factories and supply-chain headwinds would put pressure on its margins after it beat Wall Street expectations for third-quarter revenue on the back of record deliveries.

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  car&bike Team | Oct 24, 2021

  Fund Advisor Presses EV Startup Rivian On Environment, Human Rights Ahead Of IPO

  SOC Investment Group, in a letter sent to Rivian board member Rose Marcario, called on the Irvine, California-based company to "commit to a rigorous human rights assessment of Rivian and its value chain" before it finalizes the S-1 document with U.S. regulators for its IPO.

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  Seshan Vijayraghvan | Oct 24, 2021

  Fuel Prices Hiked For The Fifth Consecutive Day; Petrol Breaches Rs. 108/Litre Mark In Kolkata

  Petrol and diesel prices have been hiked for the fifth consecutive day in India. Overall, compared to a day before, petrol prices have gone up by up to 37 paise per litre, while diesel has become dearer by up to 38 paise per litre.

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  car&bike Team | Oct 24, 2021

  Delhi Government Impounds 270 Old Diesel, Petrol Vehicles Between October 1-20

  The drive to enforce this rule had started since last year butfrom January to October 2021, the transport department has impounded 664 vehicles which include over 10-year-old diesel and over 15-year-old petrol cars.

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  car&bike Team | Oct 24, 2021

  More Than 100 U.S. Lawmakers Urge Speaker Pelosi To Back Union EV Tax Credit

  More than 100 U.S. House lawmakers on Tuesday urged Speaker Nancy Pelosi to keep a $4,500 tax credit incentive for union-built electric vehicles (EV) in a massive spending bill.

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  car&bike Team | Oct 24, 2021

  Mahindra To Sell SsangYong To Edison Motors: Report

  According to a report in Nikkei, Edison will be paying close to Rs. 1754 crore (170 million Euros) to Mahindra for the Ssangyong brand.

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  Charanpreet Singh | Oct 24, 2021

  Planning To Buy Mercedes-Benz EQC? Pros And Cons

  If you are planning to buy the Mercedes-Benz EQC, here are five pros and cons that should help you make a decision.

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  Ameya Naik | Oct 23, 2021

  LEVC To Launch The Electric TX Vehicle In India

  LEVC is partnering with Exclusive Motors Pvt. Ltd. for the Indian Subcontinent to make the TX available in the region

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  Seshan Vijayraghvan | Oct 22, 2021

  Every Third Mercedes-Benz Car In India Is Now Connected

  Mercedes-Benz India has been the largest luxury carmaker in India by volume, and now the company also has the largest carpark of connected luxury vehicles in the country. Currently there are over 43,000 connected Mercedes-Benz cars on the Indian roads.

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