Auto Industry News

U.S. Senator Seeks To Bar EVs From Tax Credits Not Meeting Sourcing Rules
Jan 31, 2023 08:49 PM
The senator, Joe Manchin seeks to impose battery sourcing requirements on electric vehicles to qualify for $7,500 tax credits.

Amara Raja Batteries Q3 Profit Rises On Demand From Automakers, Telecoms
Jan 31, 2023 08:41 PM
Amara Raja Batteries reports a 53 per cent increase in its third quarter profit.

India's Bajaj Auto Beats Q3 Profit Estimates On Higher Prices, Domestic Demand
Jan 31, 2023 08:23 PM
Bajaj Auto has exceeded its 3rd quarter profit estimations

Tesla's Slowing Sales, Shrinking Margins In Focus In EV Price War
Jan 31, 2023 08:10 PM
Tesla Inc is expected to report the slowest sales growth in 10 quarters

PACCAR Beats Earnings Estimates On Strong Demand For Trucks
Jan 31, 2023 08:03 PM
PACCAR Inc has exceeded its market expectations for fourth-quarter earnings

Protesting Tesla China Buyers Vow More Pressure Over Price Cuts They Missed
Jan 31, 2023 07:45 PM
Tesla owners protested after the company declined to offer them rebates on the price cuts it made recently.

Tesla Investors Argue Musk Can Receive Fair 'Funding Secured' Trial In San Francisco
Jan 31, 2023 07:37 PM
Elon Musk's lawsuit should go to trial next week

Davos 2023: Gogoro, Belrise To Invest $2.5 Billion In Battery Swapping Network In Indian State
Jan 31, 2023 07:30 PM
India's Maharashtra state on Tuesday signed a deal with Taiwan's Gogoro and automotive system maker Belrise Industries under which the two firms will invest $2.5 billion over eight years in building battery-swapping infrastructure across the state.

Ather Energy Rolls Out Its 1,00,000th Electric Scooter In India
Jan 31, 2023 06:38 PM
Ather Energy launched its first scooter, the Ather 450 back in 2018, and took a little over 4 years to achieve this milestone.

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