Auto Industry
Seshan Vijayraghvan
Jul 12, 2021, 6:07 PM
Maruti Suzuki India says that the price hike is mainly due to the increase in various input costs. The new prices will come into effect from today, July 12, 2021, and the announcement regarding a price hike for other models will be announced soon.
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Sameer Contractor | Jul 12, 2021Hero Electric Raises Rs. 220 Crore Growth Capital, Aims To Sell 1 Million Units Every YearThe fresh investment comes from Gulf Islamic Investments (GII) and OAKS and will be used directed towards expanding production capacity, consolidating market position, investing in future technology and reaching out to new markets.1 min read
Reuters | Jul 11, 2021Taiwan's Foxconn Discussing Electric Vehicle Plant In WisconsinFoxconn and electric car manufacturer Fisker Inc said in May that they had finalised a vehicle-assembly deal. They did not identify a location, but Fisker's CEO said Foxconn's Wisconsin site was a possibility.1 min read
Reuters | Jul 11, 2021Chip Shortage Pushes China Auto Sales Down 12.4% In JuneChina's overall sales stood at 2.02 million vehicles in June, according to data from the China Association of Automobile Manufacturers (CAAM). The country sold 12.89 million vehicles between January and June, up 25.6% from year-ago levels.1 min read
Reuters | Jul 11, 2021EV Maker Nio To Have 4,000 Battery Swapping Stations Globally In 2025The company, which makes premium electric cars, aims to have 700 battery swapping stations by the end of this year.1 min read
car&bike Team | Jul 11, 2021Volvo Cars And Geely Holding Create Aurobay For Joint Powertrain OperationsThe new stand-alone business also has the ambition to supply customers outside of the Geely Holding Group1 min read
Charanpreet Singh | Jul 11, 2021Nitin Gadkari Aims To Construct 60,000 Kms Of World-Class National Highway By 2024Speaking at the 16th annual conference on 'Road Development in India', the union minister said he aims to construct 60,000 km of the world-class national highway by 2024, at a rate of 40 km per day.1 min read
car&bike Team | Jul 10, 2021MG Motor India And Fortum Install A 50 kW Superfast EV Charging Station In PuneThe newly installed smart chargers can be accessed by anyone who has an electric car compatible with the CCS2 (Combined Charging System), by registering on Fortum's mobile app.1 min read
Reuters | Jul 10, 2021GM Says China Sales Rise By 5.2% In Second QuarterThe U.S. automaker said sales of its Cadillac XT6 three-row large luxury SUV grew 42% to about 10,000 vehicles.1 min read
