Auto Industry News

Automaker Volkswagen's electric vehicle (EV) charging unit, Electrify America, said on Tuesday it planned to more than double its charging infrastructure in the United States and Canada over the next four years.

The penetration of battery electric vehicles (BEVs) in Maharashtra has remained low and so now the state has revised its EV policy again, providing greater incentives to BEVs and develop a robust infrastructure to promote their sales in the state.

General Motors will establish a new campus in Pasadena, California to expand its capacity in advanced technologies such as flying cars and lunar rover vehicles

The Mahindra KUV100 has been witnessing dwindling sales in the domestic market which is why the automaker has now shifted its focus on exporting the model to markets where it has comparatively stronger demand.

Presenting its strategy until 2030, Volkswagen expects half of its global vehicle sales to be battery-powered by that date - joining rivals in setting ambitious goals to move on from the era of combustion engines.

Dodge, the American muscle car maker, known for its high-horsepower V8 engines, is gearing up to enter the EV space. Its first all-electric muscle car will be introduced in 2024.

Virgin Galactic is the world's first commercial 'spaceline'. It has already signed up around 600 Future Astronaut customers, who will be transported to their flights in vehicles supplied by partner Land Rover.

Volkswagen's first-half operating profit is expected to reach around 11 billion euros ($13 billion), it said on Friday, topping pre-pandemic levels on strong demand in Europe and the United States, particularly for Porsches and Audis.