Auto Industry News

Taiwan's Foxconn Discussing Electric Vehicle Plant In Wisconsin
Foxconn and electric car manufacturer Fisker Inc said in May that they had finalised a vehicle-assembly deal. They did not identify a location, but Fisker's CEO said Foxconn's Wisconsin site was a possibility.

Chip Shortage Pushes China Auto Sales Down 12.4% In June
Jul 11, 2021 05:40 PM
China's overall sales stood at 2.02 million vehicles in June, according to data from the China Association of Automobile Manufacturers (CAAM). The country sold 12.89 million vehicles between January and June, up 25.6% from year-ago levels.

EV Maker Nio To Have 4,000 Battery Swapping Stations Globally In 2025
Jul 11, 2021 05:27 PM
The company, which makes premium electric cars, aims to have 700 battery swapping stations by the end of this year.

Volvo Cars And Geely Holding Create Aurobay For Joint Powertrain Operations
Jul 11, 2021 12:44 AM
The new stand-alone business also has the ambition to supply customers outside of the Geely Holding Group

Nitin Gadkari Aims To Construct 60,000 Kms Of World-Class National Highway By 2024
Jul 11, 2021 12:29 AM
Speaking at the 16th annual conference on 'Road Development in India', the union minister said he aims to construct 60,000 km of the world-class national highway by 2024, at a rate of 40 km per day.

MG Motor India And Fortum Install A 50 kW Superfast EV Charging Station In Pune
Jul 10, 2021 10:51 PM
The newly installed smart chargers can be accessed by anyone who has an electric car compatible with the CCS2 (Combined Charging System), by registering on Fortum's mobile app.

GM Says China Sales Rise By 5.2% In Second Quarter
Jul 10, 2021 08:31 PM
The U.S. automaker said sales of its Cadillac XT6 three-row large luxury SUV grew 42% to about 10,000 vehicles.

Petrol, Diesel Prices Hiked By Up To 39 Paise; Petrol Nears Rs. 107/Litre Mark In Mumbai
Jul 10, 2021 05:39 PM
In India's financial capital Mumbai, petrol is inching towards Rs. 107-mark, currently priced at Rs. 106.93 a litre while diesel rates have increased to Rs. 97.46 per litre.

Tata Motors Partners With Induslnd Bank To Offer Finance Scheme
Jul 9, 2021 11:38 PM
Tata Motors will provide a Step Up scheme allowing buyers to choose and buy its vehicles with a special low EMI option scheme for the first 3-6 months.

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