Auto Industry News

India Bike Week 2022 To Be Held In Goa On December 2 & 3 As Planned
Following reports about IBW 2022 facing cancellation for not taking the necessary permissions, the organisers of the motorcycling festival have confirmed that the event will be held as planned. Now all permissions have been taken and it will be held in Vagator, Goa, on December 2 and 3, 2022.

Stellantis Looks To India For Affordable EVs For Europe
Nov 30, 2022 11:46 PM
Stellantis is investing heavily in EVs and plans to produce dozens in the coming decade, but Tavares warned last month that affordable battery EVs were between five and six years away.

Australian Battery Metal Players Key To South Korea's EV Ambition
Nov 30, 2022 11:39 PM
South Korea needs critical mineral supplies, having pledged to become a battery manufacturing powerhouse by 2030
Tata Motors' JLR Says CEO Bollore To Resign
Nov 30, 2022 11:32 PM
Adrian Mardell will take over as CEO on an interim basis

AMD Chip To Power Auto Supplier Aisin’s New Automated Car Parking System
Nov 30, 2022 11:14 PM
The chip is called the Zynq UltraScale+ MPSoC and was developed by Xilinx, which was acquired by AMD this year.

South Korea Warns Of Supply Disruptions, Economic Damage If Truckers Strike
Nov 30, 2022 10:45 PM
South Korea Warns Of Supply Disruptions, Economic Damage If Truckers Strike

India Panel To Favour Linking Local Gas Prices To Local Crude Basket - Report
Nov 30, 2022 10:28 PM
The panel is expected to recommend a floor of about $4 per million British thermal units (mmBtu) and a ceiling of $6.50/mmBtu

Faraday Future Appoints Xuefeng Chen As Global CEO
Nov 30, 2022 10:24 PM
Chen, who was most recently the CEO of the company's China division and has spent nearly two decades in the automotive industry, succeeds Carsten Breitfeld, who was removed from the role by the board, the company added in a filing.

Mazda unveils $11 Billion EV Spending Plan, Considers Investing In Battery Production
Nov 30, 2022 10:16 PM
The company also raised its sales target for electric vehicles (EVs) to up to 40% of its total global sales by 2030

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