Auto Industry
car&bike Team
Sep 8, 2021, 10:31 PM
Intel Corp on Tuesday said it could invest as much as 80 billion euros in Europe over the next decade to boost the region's chip capacity and will open up its semiconductor plant in Ireland for automakers.
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Charanpreet Singh | Sep 8, 2021CEAT Begins Revamping Its Retail Network; Plans To Reach 500 Outlets By 2030CEAT Tyres is targeting 500 exclusive stores by 2023, making it one of the largest tyre dealership networks in the country.1 min read
Seshan Vijayraghvan | Sep 8, 2021Sun Mobility And Zypp Electric Partner To Deploy 10,000 EVs Across India For Last-Mile DeliverySun Mobility, the energy infrastructure and electric vehicles (EVs) services provider has announced entering a new partnership with Zypp Electric, an EV logistics company. Under the new partnership, the two companies aim to deploy 10,000 electric vehicles pan India, across various platforms over the next few years, for last-mile delivery services.1 min read
car&bike Team | Sep 8, 2021Government To Give Nearly Rs. 26,000 Crore In Revised Clean Tech Scheme For Automakers: ReportThe government's original plan was to give about Rs. 58,861 crore to automakers and part manufacturers to promote mainly petrol technology, with added benefits for EVs. The scheme was redrawn to focus on companies that build electric and hydrogen fuel-powered vehicles.1 min read
Charanpreet Singh | Sep 8, 2021Maruti Suzuki's Production Drops Nearly 8% In August 2021 Due To Chip ShortageMaruti Suzuki India produced 113,937 units in August 2021, registering a year-on-year (Y-o-Y) de-growth of 7.9 per cent as compared to 123,769 units produced in the same month last year.1 min read
Seshan Vijayraghvan | Sep 8, 2021Ford India MD Anurag Mehrotra And Director David Schock Get Pre-Arrest Bail In Cheating CaseFord India's Managing Director, Anurag Mehrotra, and Director David Allen Schock have been recently granted pre-arrest bail by a Delhi court in connection with a cheating case filed by a car dealership owner.1 min read
Reuters | Sep 7, 2021Toyota To Spend Over $13.5 Billion To Develop EV Batteries And Supply Systems By 2030Toyota said it aims to slash the cost of its batteries by 30 per cent or more by working on the materials used and the way the cells are structured.1 min read
Seshan Vijayraghvan | Sep 7, 2021Vehicle Retail Sales For August 2021 Fell 11% Against July, But Saw 14% YoY GrowthThe Federation of Automobile Dealers Associations (FADA) has released vehicle retail data for the month of August 2021.1 min read
Reuters | Sep 7, 2021Tiny Chips Cast Big Shadow Over Munich Car ShowThe IAA Mobility show in Munich is the first major motor industry event worldwide since the global coronavirus pandemic.1 min read
