Auto Industry

Reuters

Sep 25, 2022, 4:46 PM

Sports Car Maker Lotus's Tech Arm Valued At $4.5 Billion In Fundraising

Lotus Technology had completed a fundraising that valued the business at nearly $4.5 billion.

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  car&bike Team | Sep 25, 2022

  Marriage Hall Leaves Anand Mahindra Impressed, Here’s Why

  Anand Mahindra applauded the creativity behind the mobile marriage hall, which featured a foldable design.

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  Reuters | Sep 25, 2022

  Automakers Tackle Patent Hurdle In Quest For In-Car Tech

  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.

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  Reuters | Sep 25, 2022

  India Road Ministry Issues Draft Rules For Mandatory Rear Seat Belt Alarms

  India's road transport ministry has issued draft rules to make it mandatory for car makers to install alarm system for rear seat belts.

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  Reuters | Sep 25, 2022

  Chipmaker Nvidia Launches New System For Autonomous Driving

  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.

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  car&bike Team | Sep 24, 2022

  Toyota Permanently Ceases Manufacturing In Russia

  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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  car&bike Team | Sep 24, 2022

  Ford Kicks Off Construction Of Its Largest Manufacturing Facility Ever

  The new facility will be called BlueOval City, and is located in Tennessee, USA.

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  car&bike Team | Sep 24, 2022

  Senior Citizen Seeking Exemption From Older Vehicle Ban In Delhi-NCR Finally Gets A Response From MoRTH

  69-year old Tejinder Bedi started a petition in February asking for an exemption for senior citizens from the ban in Delhi-NCR on 10-year old diesel and 15-year old petrol vehicles.

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  Reuters | Sep 24, 2022

  Oil Plunges To Eight-Month Low On Strong Dollar, Recession Fears

  Oil prices plunged about 5% to an eight-month low as the U.S. dollar hit its strongest level in more than two decades.

  2 mins read