Auto Industry News
Asia's Longest High-Speed Test Track Inaugurated At Pithampur
Union Minister Prakash Javdekar virtually inaugurated Asia's longest high-speed test track at Pithampur in Indore. The NATRAX facility is 11.3 km long and also includes different test tracks to aid automotive and component testing.
Fuel Prices Touch New Highs; Petrol Breaches Rs. 110/Litre Mark In Rajasthan's Sri Ganganagar
Jun 29, 2021 06:45 PM
In Rajasthan's Sri Ganganagar, petrol has breached Rs. 100-mark currently retails at Rs. 110.04 a litre while diesel soared to Rs. 102.42 per litre.
Over 70% Used Cars In India Are Sold For Under Rs. 5 Lakh: Study
Jun 29, 2021 04:43 PM
Market research firm Frost & Sullivan's new 'Indian Pre-owned Car Market Study' says that over 70 per cent of used cars in India are sold under the Rs. 5 lakh margin.
Chinese EV Battery Maker CATL Extends Deal With Tesla
Jun 29, 2021 04:41 PM
Chinese electric vehicle battery maker CATL said on Monday it has extended a battery supply deal with U.S. EV maker Tesla Inc to 2025.
India To Allow Ethanol-Based Flex Engines In Vehicles, Launch Scheme In 3 months: Nitin Gadkari
Jun 28, 2021 10:12 PM
India has decided to allow ethanol-based ''flex engines'', which power vehicles using local farm produce and not fossil fuels, and will be rolling out a scheme on the same in the next three months, Union Minister for Road Transport and Highway, Nitin Gadkari said.
China's Automaker Great Wall Aims To Sell 4 Million Cars In 2025
Jun 28, 2021 04:22 PM
Great Wall, which sold 1.1 million cars last year, aims for 80 per cent of its annual sales in 2025 to be new energy vehicles, including battery-electric, plug-in hybrid and hydrogen fuel cell vehicles.
Chinese Automaker Geely Auto Scraps STAR Market Listing Plan
Jun 28, 2021 03:47 PM
China's Geely Automobile Holdings Ltd said on Friday it is dropping plans to list new shares on the mainland's Nasdaq-like STAR Market.
Uber CEO Makes Deliveries For Uber Eats In San Francisco; Twitteratis Slam It As A PR Stunt
Jun 28, 2021 02:24 AM
While it was great to see the CEO of the company getting into the groove and making deliveries, Twitter absolutely erupted calling this a 'PR stunt'.
Toyota-Backed Self-Driving Startup Pony.ai Considers Going Public
Jun 28, 2021 12:12 AM
The startup, active in the United States and China, plans to install its technology in hundreds of vehicles next year, rising to tens of thousands in 2024-2025.
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