Auto Industry

Reuters
Jul 28, 2021, 6:10 PM
Founded in 2013, Allego was acquired by asset manager and global investor Meridiam in 2018. It has deployed more than 26,000 charging ports across 12 European countries.
1 Min
Reuters | Jul 1, 2021India June Crude Imports Hit 8-Month Low As Virus Dampens DemandCrude oil imports rose in June by 16.3 per cent to 15.90 million tonnes from a year earlier, but dropped 7.8 per cent from May, data on the website of the Petroleum Planning and Analysis Cell (PPAC) showed.1 min read
car&bike Team | Jul 28, 2021Daimler Cuts Working Hours At Several Plants As Chip Shortage Bites: ReportDaimler is cutting working hours at some of its plants as the carmaker continues to suffer from a shortage of semiconductors that has already hampered production this year, business monthly Manager Magazin reported.1 min read
Shubham Parashar | Jul 28, 2021Hyundai Likely To Launch New EV In India By 2024; Will Be Positioned Below Kona EVA brand new compact EV is on the cards at the Korean carmaker's stable which will be positioned below the Hyundai Kona electric in our market and the company is planning for a market launch of this EV in the next three years.1 min read
car&bike Team | Jul 28, 2021Hyundai Pitches For Import Duty Cut On Electric VehiclesAny duty rate cut by the government on imported electric vehicles would be very beneficial as it would help automakers generate much-needed volumes and reach some viable scale, South Korean auto major Hyundai said.1 min read
Seshan Vijayraghvan | Jul 28, 2021Daimler India Begins Vaccinating Truck Drivers At Its Tamil Nadu PlantDaimler India Commercial Vehicle, which opened the on-site vaccination centre at its plant in May 2021, has now is offering free COVID-19 vaccines to truck drivers of all brands, and over 60 drivers were vaccinated on the first day.1 min read
Seshan Vijayraghvan | Jul 28, 2021Piaggio Aims For Over 20% Of Its Sales To Come From Electric 3 Wheelers In Next 3 MonthsPiaggio Vehicle Private Limited (PVPL) says that in next 2-3 months over 20 per cent of its total sales will come from electric vehicles.1 min read
car&bike Team | Jul 28, 2021Oil Edges Higher As Tight Supply Outweighs Virus SpreadOil prices edged higher on Tuesday as investors bet that tight supply and rising vaccination rates will help to offset any impact on demand from surging COVID-19 cases worldwide.1 min read
car&bike Team | Jul 28, 2021Bentley Develops 22-Inch Carbon Fibre Wheel For The BentaygaFor the final sign off stage, the wheel was put through its paces on one of the most famous tracks in the world - the Nurburgring Nordschleife and it passed that test with flying colours.1 min read












































