Auto Industry News

Mahindra In Talks To Raise Up To Rs. 4,000 Crore For EV Push - Report
Mahindra & Mahindra is in talks with global investors to raise between $250 million and $500 million to accelerate its plans to build EVs.

Tesla Recalls Nearly 1.1 Million U.S. Vehicles To Update Window Reversing Software
Sep 25, 2022 10:22 PM
Tesla is recalling nearly 1.1 million U.S. vehicles because the window automatic reversal system may not react correctly after detecting an obstruction, increasing the risk of injury.

California Regulator Sees 2035 EV Mandate As 'Sweet Spot'
Sep 25, 2022 10:19 PM
California's choice of 2035 as the deadline to end gasoline-only new car sales was the "sweet spot", the head of the state's clean air regulator said.

Sports Car Maker Lotus's Tech Arm Valued At $4.5 Billion In Fundraising
Sep 25, 2022 10:16 PM
Lotus Technology had completed a fundraising that valued the business at nearly $4.5 billion.

Marriage Hall Leaves Anand Mahindra Impressed, Here’s Why
Sep 25, 2022 07:00 PM
Anand Mahindra applauded the creativity behind the mobile marriage hall, which featured a foldable design.

Automakers Tackle Patent Hurdle In Quest For In-Car Tech
Sep 25, 2022 06:23 PM
Over a dozen automakers have signed up with a platform for patent licences from 51 tech companies, aiming to simplify access to wireless technology and avoid costly legal battles.

India Road Ministry Issues Draft Rules For Mandatory Rear Seat Belt Alarms
Sep 25, 2022 06:18 PM
India's road transport ministry has issued draft rules to make it mandatory for car makers to install alarm system for rear seat belts.

Chipmaker Nvidia Launches New System For Autonomous Driving
Sep 25, 2022 05:41 PM
Nvidia unveiled its new computing platform called DRIVE Thor that would centralize autonomous and assisted driving as well as other digital functions including in-car entertainment.

Toyota Permanently Ceases Manufacturing In Russia
Sep 24, 2022 11:02 PM
Toyota's plant in Russia was initially shut down in March amid the Russia-Ukraine war, and now Toyota has announced that the plant won't be reopened.

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