Auto Industry News

What's even more impressive is that Ola has managed to bag this finding despite the hit its business took from prolonged COVID-19 pandemic.

Stellantis plans to invest more than 30 billion euros through 2025 in electrification and software development, including equity investments made in joint ventures to fund their activities.

Kia, Hyundai Motor and Next Hydrogen are looking to improve the price competitiveness of clean hydrogen in consideration of regional climate and environmental characteristics.

BMW said it had paid a 373 million euro ($441 million) fine over collusion on setting standards for the Adblue additive used in diesel cars, but other charges related to emissions technology were dropped.

South Korea's Samsung SDI Co may build a battery cell plant in the United States to support the auto industry's shift to electrification, a company source with close knowledge of the matter told Reuters on Thursday.

U.S. electric vehicle maker Tesla Inc sold 33,155 China-made vehicles, including those for export, in June, China Passenger Car Association (CPCA) said on Thursday.

Ford India has recently discontinued the entry-lever Titanium 4x2 AT variant of the Endeavour. The base variant of the popular full-size SUV was priced in India around Rs. 30 lakh, and with the trim no longer being on offer, prices for the 2021 Ford Endeavour now starts at Rs. 33.80 lakh (both ex-showroom, Delhi).

Mercedes-Benz India had targeted over 50 per cent sales growth in H1 2021 and has managed to achieve well beyond, and now the company has ramped up production to meet demand for all existing and newer models.