Auto Industry

car&bike Team

Jul 13, 2021, 1:55 AM

Geely's Volvo Cars Lifts Stake In EV Maker Polestar To 49.5%

Volvo Car Group has bought additional shares in Polestar, taking its holdings in the electric vehicle (EV) maker controlled by Chinese automaker Geely, to 49.5%.

1 Min

• 
  car&bike Team | Jul 13, 2021

  JK Tyre Announces Partnership With Ki Mobility Solutions To Enhance Retail Presence

  This strategic partnership with Ki Mobility Solutions will help JK Tyre increase its market share across two-wheelers, passenger cars and commercial vehicle segments.

  1 min read
• 
  Seshan Vijayraghvan | Jul 12, 2021

  Goa To Offer Subsidy For 11,000 Electric Vehicles Annually For The Next 5 Years

  Goa plans to subsidise 10,000 electric two-wheelers, 500 electric three-wheelers and around 500 electric four-wheelers. Overall, the annual subsidy on electric vehicles will not exceed Rs. 25 crore.

  1 min read
• 
  Charanpreet Singh | Jul 12, 2021

  Transport Minister Nitin Gadkari Inaugurates India's First LNG Facility Plant In Nagpur

  At the inauguration event, the union minister emphasised the importance of alternate biofuels for the diversification of agriculture towards the energy and power sector.

  1 min read
• 
  Seshan Vijayraghvan | Jul 12, 2021

  Mahindra Supro Profit Truck Range Launched For Cargo Segment

  Mahindra has announced the launch of its new range of Supro Profit Trucks in India. Offered in two options - Supro Profit Truck Maxi and the Supro Profit Truck Mini, the new range specifically targets the cargo segment, and Mahindra claims that it boasts of a greater payload capacity and higher mileage that assures higher profit to the customers.

  1 min read
• 
  Ameya Naik | Jul 12, 2021

  Bentley Mulliner Celebrates 1000 Bespoke Projects And Personal Commissions

  The milestone bespoke project is for a European customer who wanted two specific interior features to extend the personalisation of their Bentley.

  1 min read
• 
  Charanpreet Singh | Jul 12, 2021

  Petrol Prices Hiked By Up To 34 Paise; Diesel Marginally Reduced

  In the national capital Delhi, petrol has breached Rs. 101-mark, retailing at Rs. 101.19 a litre, after a hike of 28 paise, while diesel dropped to Rs. 89.72 a litre after a marginal reduction of 16 paise.

  1 min read
• 
  Seshan Vijayraghvan | Jul 12, 2021

  Maruti Suzuki Increases Price Of Swift And All CNG Models By Up To Rs. 15,000

  Maruti Suzuki India says that the price hike is mainly due to the increase in various input costs. The new prices will come into effect from today, July 12, 2021, and the announcement regarding a price hike for other models will be announced soon.

  1 min read
• 
  Sameer Contractor | Jul 12, 2021

  Hero Electric Raises Rs. 220 Crore Growth Capital, Aims To Sell 1 Million Units Every Year

  The fresh investment comes from Gulf Islamic Investments (GII) and OAKS and will be used directed towards expanding production capacity, consolidating market position, investing in future technology and reaching out to new markets.

  1 min read