Auto Industry
car&bike Team
Jul 5, 2021, 10:27 PM
South Korea's Hyundai Motor Co has invested about $100 million to buy a stake in a lithium metal battery startup.
1 Min
Charanpreet Singh | Jul 5, 2021Petrol Prices Hiked By Up To 39 Paise; Nears Rs. 100/Litre Mark In Delhi And KolkataWhile petrol has become dearer by up to 39 paise, diesel has remained unchanged on Monday. With the latest hike, petrol has inched towards Rs. 100 per litre mark in Delhi and Kolkata.1 min read
Reuters | Jul 5, 2021Nissan Bets On UK 'Renaissance' With Battery Plant And New VehicleNissan cast its backing for the 9 gigawatt-hour (GWh) plant as illustrative of a rejuvenation of Britain's automotive industry, which has for five years grappled with the fear that Brexit could cut off the rest of the European market.1 min read
Reuters | Jul 5, 2021New Recycling Techniques Set To Make Electric Vehicles GreenerThe techniques, which involve retrieving parts of the battery so they can be reused, would help the auto industry tackle criticism that even though EVs reduce emissions over their lifetime, they start out with a heavy carbon footprint of mined materials.1 min read
Reuters | Jul 4, 2021MKS Instruments To Buy Atotech For $5.1 Billion To Expand Chipmaking OfferingsThe deal comes at a time the chip industry has been dealing with a global shortage of semiconductors that has shuttered some auto production lines and its impact has been felt in other areas, including consumer electronics.1 min read
Ameya Naik | Jul 4, 2021Volvo Cars To Harness Real-Time Data From Customer Cars To Set New Safety StandardsFor its next generation of cars, Volvo Cars is now looking towards processing data from customer cars in real time, if customers choose to share data and help Volvo Cars make its cars safer.1 min read
Reuters | Jul 4, 2021Shell Plans To Exit California Joint Venture With Exxon MobilShell has notified Exxon of its plans to exit the venture, the people said, speaking on the condition of anonymity as the talks are private. A Shell spokesperson declined to comment, citing company policy.1 min read
Charanpreet Singh | Jul 4, 2021Fuel Prices Hiked Again; Diesel Breaches Rs. 100/Litre Mark In Madhya Pradesh's RewaWith the latest hike, diesel has breached Rs. 100-mark in Madhya Pradesh's Rewa district, currently standing at Rs. 100.18 a litre while petrol has touched Rs. 110.01 per litre.1 min read
Reuters | Jul 4, 2021U.S. Quarterly Auto Sales Jump On Strong SUV Demand, Shift To EVsHigher vehicle prices have boosted profitability for automakers, who have also increased investments in EV production.1 min read
