Auto Industry
Ameya Naik
Jul 9, 2021, 3:24 AM
Stellantis plans to invest more than 30 billion euros through 2025 in electrification and software development, including equity investments made in joint ventures to fund their activities.
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Shubham Parashar | Jul 9, 2021Hyundai Motor And Kia Partner With Next Hydrogen to Develop Advanced Alkaline Water Electrolysis SystemKia, Hyundai Motor and Next Hydrogen are looking to improve the price competitiveness of clean hydrogen in consideration of regional climate and environmental characteristics.1 min read
Reuters | Jul 8, 2021BMW Pays 373 Million Euro Fine To Settle EU Emissions ProbeBMW said it had paid a 373 million euro ($441 million) fine over collusion on setting standards for the Adblue additive used in diesel cars, but other charges related to emissions technology were dropped.1 min read
car&bike Team | Jul 8, 2021South Korea's Samsung SDI Considers Building Battery Cell Plant In U.S.South Korea's Samsung SDI Co may build a battery cell plant in the United States to support the auto industry's shift to electrification, a company source with close knowledge of the matter told Reuters on Thursday.1 min read
car&bike Team | Jul 8, 2021Tesla Sold 33,155 China-Made Vehicles In June: ReportU.S. electric vehicle maker Tesla Inc sold 33,155 China-made vehicles, including those for export, in June, China Passenger Car Association (CPCA) said on Thursday.1 min read
Seshan Vijayraghvan | Jul 8, 2021Ford Endeavour Base Variant Discontinued, Now Available In Only 3 TrimsFord India has recently discontinued the entry-lever Titanium 4x2 AT variant of the Endeavour. The base variant of the popular full-size SUV was priced in India around Rs. 30 lakh, and with the trim no longer being on offer, prices for the 2021 Ford Endeavour now starts at Rs. 33.80 lakh (both ex-showroom, Delhi).1 min read
Shubham Parashar | Jul 8, 2021Mercedes-Benz India Records 65 Per Cent growth In H1 2021; Ramps Up Production From JulyMercedes-Benz India had targeted over 50 per cent sales growth in H1 2021 and has managed to achieve well beyond, and now the company has ramped up production to meet demand for all existing and newer models.1 min read
Seshan Vijayraghvan | Jul 8, 2021Tata Motors Reports 2,14,250 Units Global Sales In Q1 FY2022; Sees 35% Decline Against Q4 FY2021Tata Motors Group has released the global wholesales numbers for the first quarter of Financial Year 2021-22. Between April and June 2021, the company's collective sales, including Jaguar Land Rover, stood at 2,14,250 units.1 min read
car&bike Team | Jul 8, 2021LG Chem, LGES pledge $13 billion in battery investment by 2030LG Chem Ltd and its wholly-owned battery subsidiary LG Energy Solution (LGES) plan to invest a combined 15.1 trillion won ($13.17 billion) in South Korea this decade, LGES said on Thursday.1 min read
