Auto Industry
Reuters
Jul 19, 2021, 8:31 PM
The automaker plans an all-electric compact model to be made available for around 1.5 million yen ($13,626) after government subsidies are taken into account.
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Ameya Naik | Jul 20, 2021Hyundai Alcazar Receives 11,000 Bookings Since Its LaunchThe company has already sold 5600 units of the Alcazar in the country and it plans to ramp up production based on the demand.1 min read
car&bike Team | Jul 19, 2021American Father And Son Sentenced To Prison By Tokyo Court For Helping Carlos Ghosn Escape JapanUS Army Special Forces veteran Michael Taylor has been sentenced to two years imprisonment, while his son Peter is sentenced to one year and eight months for helping former Nissan Motor Co. Ltd. Chairman Carlos Ghosn flee to Lebanon in 2019.1 min read
car&bike Team | Jul 18, 2021Tesla Launches Subscription Service For Advanced Driver Assistance SoftwareTesla is offering customers the option to subscribe to its advanced driver assistance software, dubbed "Full Self-Driving capability", for $199 per month, instead of paying $10,000 upfront.1 min read
Seshan Vijayraghvan | Jul 18, 2021ZF Plans To Achieve 3 Billion Euro Revenue From The Indian Market By 2030: ReportZF plans to establish India as a region with decision-making power to drive the business. The company wants to achieve a revenue of 3 billion euros, by 2030, out of which 2 billion euros will come from sourcing volumes alone.1 min read
Seshan Vijayraghvan | Jul 18, 2021Tata Power Partners With HPCL To Set Up EV Charging Stations At Its Petrol PumpsTata Power has announced signing an agreement with Hindustan Petroleum Corporation Limited (HPCL) to set up electric vehicle charging stations at the latter's petrol pumps.1 min read
Sameer Contractor | Jul 17, 2021DRI Busts Racket Of Importing Luxury Cars In The Name Of Diplomats Evading Duty Worth Rs. 25 CroreThe accused imported luxury cars in the name of diplomats but these would be then sold to private buyers, thereby evading 204 per cent of customs duty on vehicles, which has cost the exchequer about Rs. 25 crore in five years.1 min read
Reuters | Jul 17, 2021Shanghai City To Regulate Data From Smart Vehicle TestingThe data generated in testing and demonstration activities are also not allowed to be transmitted overseas unless approved by relevant authorities, it said, adding the draft laws are open for public consultation.1 min read
Reuters | Jul 17, 2021Uber Reaches Agreement In California Sexual Assault Data RequestThe dispute stems from a safety report Uber released in December 2019, disclosing 6,000 reports of sexual assault-related to 2.3 billion trips in the United States in 2017 and 2018.1 min read
