Auto Industry
Reuters
Aug 28, 2021, 10:22 PM
IOC is investing 1 trillion Indian rupees ($13.49 billion) to raise its refining capacity by 25 million tonnes a year in next 2-5 year, Vaidya said, adding his company aims to maximise yields of chemical products.
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Reuters | Aug 28, 2021Alphabet's Waymo To Stop Selling Lidar Self-Driving Car SensorsThe move to stop selling lidars comes after the departure of CEO John Krafcik and some other executives, which had fueled questions about whether Waymo would rethink its strategy after failing to generate significant revenue for over a decade.1 min read
Reuters | Aug 28, 2021Biden Admin Defends Approving Licenses For Auto Chips For HuaweiHuawei was placed on a U.S. trade blacklist in 2019, after the Trump administration said it was operating contrary to national security and foreign policy interests.1 min read
Reuters | Aug 28, 2021Malaysian Chip Makers Still Struggling To Meet Demand, Association SaysSeveral automakers and semiconductor companies have said this month that pandemic-related disruptions in the Southeast Asian nation were hitting their supply chains.1 min read
Reuters | Aug 28, 2021Nuro To Invest $40 Million To Set Up Manufacturing, Testing Units In U.S.In June, the Autonomous delivery startup Nuro had teamed up with package delivery company FedEx Corp and signed a multi-year agreement to test self-driving vehicles.1 min read
Charanpreet Singh | Aug 28, 2021Vehicles To Cost More Post Madras High Court's Verdict On 5-Year Motor Insurance: ReportThe Madras High Court's recent verdict to make 5-year 'bumper-to-bumper' motor insurance mandatory may increase the cost of vehicle acquisition by 8 to 9 per cent of its current price.1 min read
car&bike Team | Aug 28, 2021Toyota Halts All Self-Driving e-Palette Vehicles After Olympic Village AccidentIn a YouTube video, Toyota Chief Executive Akio Toyoda apologized for the incident and said he offered to meet the person but was unable to do so.1 min read
Seshan Vijayraghvan | Aug 28, 2021Made-In-India Suzuki Swift Scores Zero Stars In Latin NCAP Crash TestThe Latin New Car Assessment Programme or Latin NCAP recently crash-tested the Suzuki Swift that is sold in the region, and it has received a Zero-star rating from the safety watchdog.1 min read
car&bike Team | Aug 27, 2021Prevail Electric Plans 30 Flagship Stores; Second Plant To Increase ProductionPrevail Electric Mobility is a subsidiary of French lubricants major FRVelion, and is setting up EV operations in India.1 min read
