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Mahindra First Choice Wheels Limited, 602, 6th Floor, Tower - B, Embassy 247, LBS Road, Vikhroli (West), Mumbai - 400083
CONTACT
+91 9606045096
EMAIL
contact@carandbike.com
© Mahindra First Choice Wheels Limited 2025. All rights reserved.
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Auto Industry

Siemens, Others Call For Only Zero-Emission Freight Trucks To Be Sold In EU By 2035
Reuters
Dec 31, 2022, 5:42 PM
Siemens, Others Call For Only Zero-Emission Freight Trucks To Be Sold In EU By 2035
In a letter published on Thursday the group said its signatories "urge the European Commission to set all new freight trucks on a path to zero emission from 2035," with a five-year exemption for vocational vehicles such as construction, mining and timber trucks that will require longer to develop and produce at scale.
1 Min
  • Europe's Car Repairers Call For Competition Rules Rewrite
    Reuters | Dec 31, 2022
    Europe's Car Repairers Call For Competition Rules Rewrite
    The European Commission has recommended extending 2010's Motor Vehicle Block Exemption Regulation (MVBER) for five years when it expires in 2023, with some supplementary guidelines.
    1 min
  • Tesla Driver In Multi-Car Crash Told Police Self-Driving Software Malfunctioned
    Reuters | Dec 31, 2022
    Tesla Driver In Multi-Car Crash Told Police Self-Driving Software Malfunctioned
    The police report said the vehicle made an unsafe lane change and was slowing to a stop, which led to another vehicle hitting the Tesla and a chain reaction of additional crashes.
    2 mins
  • Tesla Falls On Growing Angst Over Musk's Focus On Twitter
    Reuters | Dec 31, 2022
    Tesla Falls On Growing Angst Over Musk's Focus On Twitter
    Analysts say investors are worried that Musk may need to sell shares further to fund Twitter and sentiment around the acquisition of the social media firm could hurt the EV maker's brand.
    1 min
  • Elon Musk's Vow To Not Sell More Tesla Stock Fails To Calm Investors
    Reuters | Dec 31, 2022
    Elon Musk's Vow To Not Sell More Tesla Stock Fails To Calm Investors
    Tesla shares are down 64% for the year, in what could be their worst annual performance since going public in 2010 as investors worry that Twitter was consuming much of the billionaire's time.
    2 mins
  • Israeli Startup Makes Inroads With Personal Flying Vehicle
    Reuters | Dec 31, 2022
    Israeli Startup Makes Inroads With Personal Flying Vehicle
    The test-phase voyage may not look out of the ordinary at first given the huge progress made in drone technology. Another propellered aircraft rising vertically off the ground and then thrusting forward high in the sky.
    1 min
  • Investor In Musk's Twitter Buyout Expects To Make Up To Five Times Its Money
    Reuters | Dec 31, 2022
    Investor In Musk's Twitter Buyout Expects To Make Up To Five Times Its Money
    One of the biggest investors in Musk's acquisition of Twitter, Aliya Capital Partners LLC, said it expects to make up to five times its money despite the social media company's problems.
    2 mins
  • TuSimple Plans To Layoff Half Its Workforce Next Week - Report
    Reuters | Dec 31, 2022
    TuSimple Plans To Layoff Half Its Workforce Next Week - Report
    Self driving trucking company TuSimple Holdings Inc plans to potentially cut half of its workforce next week.
    1 min
  • Mahindra To Invest $1.2 Billion (Rs. 10,000 Crore) In New EV Plant
    Reuters | Dec 31, 2022
    Mahindra To Invest $1.2 Billion (Rs. 10,000 Crore) In New EV Plant
    Mahindra Ltd said it would invest 100 billion rupees ($1.21 billion) to set up an electric vehicle (EV) manufacturing plant near the western city of Pune.
    1 min
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