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Auto Industry
car&bike Team
Jul 14, 2021, 5:26 PM
Volkswagen raised its long-term profitability target on Tuesday in a sign of the German automaker's growing confidence in managing the shift to electric and self-driving vehicles.
1 Min
car&bike Team | Jul 14, 2021Volkswagen's EV Unit Plans To Double Charging Infrastructure By End Of 2025Automaker 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.1 min read
Shubham Parashar | Jul 14, 2021Maharashtra Drafts New EV Policy; Aims For 10 Per Cent Electrification By 2025The 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.1 min read
car&bike Team | Jul 14, 2021General Motors To Invest $71 Million For New Design And Tech Campus In CaliforniaGeneral Motors will establish a new campus in Pasadena, California to expand its capacity in advanced technologies such as flying cars and lunar rover vehicles1 min read
Shubham Parashar | Jul 13, 2021Mahindra Shifts Focus On Exports For The KUV100 NxtThe 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.1 min read
car&bike Team | Jul 13, 2021VW Shows Confidence In Electric Future With Higher Margin GoalPresenting 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.1 min read
Seshan Vijayraghvan | Jul 13, 2021Dodge To Launch Its First All-Electric Muscle Car In 2024Dodge, 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 2024.1 min read
Ameya Naik | Jul 13, 2021Land Rover Vehicles Support Virgin Galactic's First Commercial Space FlightVirgin 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.1 min read
car&bike Team | Jul 13, 2021Premium Cars Drive Volkswagen Profit Above Pre-Pandemic LevelsVolkswagen'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.1 min read
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