Auto Industry
car&bike Team
Oct 13, 2021, 6:16 PM
Shares of India's Tata Motors rose nearly 20% on Wednesday, a day after the Jaguar and Land Rover owner raised funds from private equity firm TPG and said it would invest over $2 billion in its electric vehicle (EV) business over the next five years.
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car&bike Team | Oct 13, 2021Tata Motors To Invest $2 Billion In EVs After Fundraise From TPGTata Motors will invest over $2 billion in its electric vehicle (EV) business over the next five years, a company executive said on Tuesday, after the Indian automaker announced it had raised funds from private equity firm TPG.1 mins
Ameya Naik | Oct 13, 2021Jaguar Land Rover Trials World-First Digital Supply Chain For LeatherJaguar Land Rover partnered with supply chain traceability provider Circulor, leading UK leather manufacturer Bridge of Weir Leather Company and the University of Nottingham to trial the use of traceability technology in the leather supply chain.1 mins
Shubham Parashar | Oct 13, 2021Volvo Car India Announces Lifetime Parts Warranty SchemeUnder the new scheme, parts bought after the standard period of warranty and installed at an authorized workshop carry a lifetime warranty and this customer lifetime parts warranty is applicable on genuine parts bought from October 1, 2021.1 mins
Charanpreet Singh | Oct 13, 2021Mahindra Launches 3 Yuvo Tech+ Tractors In IndiaThe new Yuvo Tech+ tractor range is based on the company's next-generation Yuvo tractor platform. It comes powered by a new mZIP 3-cylinder engine and gets several industry-first features.1 mins
Seshan Vijayraghvan | Oct 13, 2021Volkswagen Launches Car Subscription Plan For The New Taigun Compact SUVVolkswagen has added the newly launched Taigun to its subscription-based ownership programme. Now, customers to choose to get the Taigun on monthly subscription plan, which starts at Rs. 28,000.1 mins
Seshan Vijayraghvan | Oct 13, 2021TPG Rise Climate, ADQ To Invest Rs. 7,500 Crore In Tata Motors New EV UnitTata had entered into a binding agreement with TPG Rise Climate, under which the latter along with its co-investor ADQ, will invest $1 billion or Rs. 7,500 crore, in Tata Motors' new electric vehicle (EV) business unit.1 mins
Reuters | Oct 12, 2021ZF Invests In Oxbotica To Develop Autonomous Urban ShuttlesThe investment is the latest in a series of deals and projects that ZF has announced that are aimed at helping the German auto supplier bolster its expertise in autonomous-driving technologies.1 mins
Seshan Vijayraghvan | Oct 12, 2021Autobot India And Cell Propulsion Partner To Offer Customised EV Solutions To CompaniesAutobot India and Cell Propulsion have signed an MoU to provide a blended learning platform in EV technology, and build a large community of experts in India who are skilled in different electric vehicle (EVs) technologies.1 mins
