Auto Industry News

The combination of HELLA and Faurecia will create a global technology leader covering both a broad customer portfolio and significant future trends in the automotive sector.
Automotive Supplier Faurecia Acquired 60% Stake In Hella
Calender
Aug 22, 2021 01:29 AM
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The combination of HELLA and Faurecia will create a global technology leader covering both a broad customer portfolio and significant future trends in the automotive sector.
Taiwan Says Sees 'Balance' In Auto Chip Supplies By Fourth Quarter
Taiwan Says Sees 'Balance' In Auto Chip Supplies By Fourth Quarter
calender
Aug 22, 2021 12:07 AM
The issue has taken on a strongly diplomatic hue as Taiwan scrambles to reassure the United States, its most important international supporter and arms supplier, that it is doing all it can, especially at a time when Taipei is facing increased military pressure from China, which views Taiwan as its own.
Oil Posts Biggest Week Of Losses In Nine Months As Delta Variant Spreads
Oil Posts Biggest Week Of Losses In Nine Months As Delta Variant Spreads
calender
Aug 21, 2021 11:45 PM
While the Delta variant drags on fuel demand, supply is steadily increasing. U.S. production rose to 11.4 million barrels per day in the most recent week, and drilling firms added rigs for the third week in a row, services company Baker Hughes said.
Assam Government To Replace Diesel-Run Buses With Electric, CNG Buses In Guwahati
Assam Government To Replace Diesel-Run Buses With Electric, CNG Buses In Guwahati
calender
Aug 21, 2021 11:03 PM
Assam Chief Minister Himanta Biswa Sarma on Friday said that the ASTC's diesel-run buses in the Guwahati city will be replaced with electric and CNG buses in a bid to reduce carbon emissions.
Taiwan Says Sees 'Balance' In Auto Chip Supplies By Fourth Quarter
Taiwan Says Sees 'Balance' In Auto Chip Supplies By Fourth Quarter
calender
Aug 21, 2021 10:05 PM
The ministry noted that Taiwan's semiconductor firms have been expanding production, and stressed these companies as well as the government set great store on working with "like-minded partners", language Taipei uses to refer to other democracies like the United States and European Union.
Electric Vehicle Battery Startup Ample Raises $160 Million
Electric Vehicle Battery Startup Ample Raises $160 Million
calender
Aug 21, 2021 09:48 PM
The Series C round brings to $230 million the total raised by the seven-year-old startup, which plans to expand testing and deployment to New York City, then Madrid and Singapore, Hassounah said in an interview.
Diesel Rates Unchanged On Saturday After Three Consecutive Price Cuts
Diesel Rates Unchanged On Saturday After Three Consecutive Price Cuts
calender
Aug 21, 2021 08:58 PM
The state-owned marketing companies have slashed diesel rates by 20 paise a litre on three straight days, bring down it cumulatively by 60 paise a litre.
EV Scooter Startup Bird Posts Lower Loss Amid Rapid Expansion
EV Scooter Startup Bird Posts Lower Loss Amid Rapid Expansion
calender
Aug 21, 2021 07:31 PM
Second-quarter revenue jumped to $60 million from $10.4 million during the same period in 2020 when lockdowns virtually shut down the e-mobility industry.
GM Expands Chevrolet Bolt EV Recall, Adding $1 Billion In Costs
GM Expands Chevrolet Bolt EV Recall, Adding $1 Billion In Costs
calender
Aug 21, 2021 03:43 PM
The recall will address two manufacturing defects in electric battery cells, which can cause the cars to catch fire.