Auto Industry
Reuters
Jan 21, 2023, 10:11 PM
Taiwan fined Foxconn T$10 million ($329,088) for making an unauthorised investment in a Chinese chip firm.
2 Min
Reuters | Jan 21, 2023Tesla Uses Its Profits As A Weapon In An EV Price WarTesla earns more money for every vehicle it sells than any of its global rivals.3 mins read
Reuters | Jan 21, 2023Tesla's Price Cuts Promise More Pain For Money-Losing U.S. EV StartupsA price war in electric vehicles started by Tesla has made it much more difficult for U.S. startups like Rivian and Lucid to grab share in an industry competing for shrinking consumer wallets.3 mins read
Reuters | Jan 21, 2023Unions Press Biden Administration To Not Change EV Tax Credit RulesMajor unions and public interest and environmental groups are urging President Joe Biden to reject efforts by the European Union and other foreign governments to revise U.S. electric vehicle tax incentives.2 mins read
Reuters | Jan 21, 2023GM, LG Energy Drop Plan For Fourth U.S JV Battery PlantGeneral Motors Co and LG Energy Solution have dropped the plans for a fourth battery call manufacturing plant in the U.S.2 mins read
Seshan Vijayraghvan | Jan 20, 2023Anand Mahindra To Hand Over Exclusive Edition XUV400 To Auction Winner At Formula E EventThe one-of-one XUV400 electric SUV will be auctioned off for a social cause. Mahindra Group Chairman, Anand Mahindra will hand over the car to the winner on February 10, 2023, at an Exclusive Mahindra Event during the Formula E weekend in Hyderabad.3 mins read
Reuters | Jan 20, 2023Sacked GM Workers In India Sue Company, CEO Barra For Unpaid CompensationGM and the factory workers - who allege illegal termination after the company decided to exit - have been locked in legal battles since 2021.3 mins read
Mihir Barve | Jan 20, 20231 Millionth KTM Motorcycle Rolls Out Of Bajaj's Chakan PlantKTM crossed the 1 million unit manufacturing milestone in India, as the Austrian brand continues its partnership with Bajaj Auto for manufacturing of domestic and export units of its sub-400 cc motorcycles.3 mins read
Jaiveer Mehra | Jan 20, 2023Hyundai Grand i10 Nios Facelift Launched In India; Prices Start From Rs 5.68 LakhUpdated Grand i10 Nios is available with petrol and CNG engine options and in 4 variants.2 mins read
