Auto Industry
car&bike Team
Jul 13, 2021, 11:47 PM
Presenting 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.
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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
car&bike Team | Jul 13, 2021Geely'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 read
car&bike Team | Jul 13, 2021JK Tyre Announces Partnership With Ki Mobility Solutions To Enhance Retail PresenceThis 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, 2021Goa To Offer Subsidy For 11,000 Electric Vehicles Annually For The Next 5 YearsGoa 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, 2021Transport Minister Nitin Gadkari Inaugurates India's First LNG Facility Plant In NagpurAt 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, 2021Mahindra Supro Profit Truck Range Launched For Cargo SegmentMahindra 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
