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Auto Industry
car&bike Team
Sep 18, 2021, 1:18 AM
Volta Trucks has raised 37 million euros ($43.7 million) in its latest funding round led by hedge fund Luxor Capital and including an investment by Volta's battery supplier Proterra.
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car&bike Team | Sep 18, 2021General Motors' China Joint Venture Develops Own Auto ChipsOne of General Motors Co's China joint ventures said on Wednesday it is developing auto chips and aims to increase use of locally sourced chips in the next five years.1 min read
car&bike Team | Sep 17, 2021Hero MotoCorp Launches COVID-19 Welfare Package In HaridwarThe company has launched a unique support program for 60 COVID-19 affected families in Haridwar.1 min read
Shubham Parashar | Sep 17, 2021Citroen India To Launch Three New Models By 2024While the C3 is going to be Citroen's second India launch, going on sale early 2022, and the company will launch two more models coming off the same platform in the following two years.1 min read
Seshan Vijayraghvan | Sep 17, 2021Exclusive: Volkswagen Bags Over 10,000 Pre-Bookings For Taigun; Aims To Sell 6,000 Units Every MonthVolkswagen had opened bookings for the Taigun compact SUV on August 18, and so it has received over 10,000 pre-orders for the new SUV. Once production is fully ramped up, the company aims to sell about 5,000 to 6,000 units every month.1 min read
car&bike Team | Sep 17, 2021Volvo Car India Contributes Rs. 75 Lakh To PM CARES FundIn addition to the contribution, Volvo Car India extended financial assistance for term insurance of all its dealership staff and also for the treatment in case employees or family members were down with COVID.1 min read
car&bike Team | Sep 17, 2021Ford Wakes Up Badly Burnt From Its India DreamFord took a $2 billion hit to stop making cars in India, following compatriots General Motors Co and Harley-Davidson Inc in closing factories in the country.1 min read
car&bike Team | Sep 17, 2021Skoda To Halt Czech Plants For A Week Due To Chip ShortageIn the Czech Republic, production has been hit in the auto sector, a key driver of the economy. Skoda has thousands of cars unfinished as it waits for chips. Skoda said it expected semiconductor production to be ramped up in the fourth quarter.1 min read
car&bike Team | Sep 17, 2021Ford, Walmart And Argo AI Team Up To Launch Autonomous Vehicle Delivery ServiceSelf-driving startup Argo AI, automaker Ford Motor Co and Walmart Inc will together launch an autonomous vehicle delivery service in Miami, Austin, and Washington, D.C, the companies said on Wednesday.1 min read
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