Auto Industry News

A court in Chennai ordered safety checks at the Renault-Nissan plant, which employs more than 8,000 people, after workers petitioned it, saying they felt unsafe.

Tata Motors, the home-grown automaker, today announced its plan to increase prices across its passenger vehicle line-up. As of now, the company has not revealed the timeline or the quantum of the price hike on cars, however, Tata did mention that the increase in prices is due to the steep climb in overall input costs.

South Korea's Hyundai Motor Co has invested about $100 million to buy a stake in a lithium metal battery startup.

While petrol has become dearer by up to 39 paise, diesel has remained unchanged on Monday. With the latest hike, petrol has inched towards Rs. 100 per litre mark in Delhi and Kolkata.

Nissan cast its backing for the 9 gigawatt-hour (GWh) plant as illustrative of a rejuvenation of Britain's automotive industry, which has for five years grappled with the fear that Brexit could cut off the rest of the European market.

The techniques, which involve retrieving parts of the battery so they can be reused, would help the auto industry tackle criticism that even though EVs reduce emissions over their lifetime, they start out with a heavy carbon footprint of mined materials.

The deal comes at a time the chip industry has been dealing with a global shortage of semiconductors that has shuttered some auto production lines and its impact has been felt in other areas, including consumer electronics.

For its next generation of cars, Volvo Cars is now looking towards processing data from customer cars in real time, if customers choose to share data and help Volvo Cars make its cars safer.