Auto Industry
car&bike Team
Jul 18, 2022, 4:28 PM
As per a new policy formulated by the Commission For Air Quality Management for Delhi and NCR, diesel autorickshaws will be phased out from all NCR districts by end of 2026.
2 Min
Mihir Barve | Jul 17, 2022Mahindra Hires 900 Engineers To Bolster EV Research - ReportMahindra & Mahindra has hired 900 new engineers at its Chennai research hub to expand into EV industry.2 mins read
Reuters | Jul 17, 2022GM, Travel Operator Pilot To Develop EV Charging NetworkGeneral Motors Co and travel operator Pilot will develop a network of 2,000 electric vehicle charging stalls at travel centers in U.S. to make it easier to recharge near highways.2 mins read
Reuters | Jul 17, 2022Judge In Twitter v. Musk Once Made Rare Ruling: Ordering A Deal To CloseThe judge overseeing Twitter Inc's $44 billion lawsuit against Elon Musk has a no-nonsense reputation as well as the distinction of being one of the few jurists who has ever ordered a reluctant buyer to close a U.S. corporate merger.3 mins read
Reuters | Jul 17, 2022U.S. Not Expecting Saudi Arabia To Immediately Boost Oil OutputThe United States does not expect Saudi Arabia to immediately boost oil output and awaits the outcome of an OPEC+ meeting on Aug. 3.3 mins read
Reuters | Jul 17, 2022Ford, SK On Finalize U.S. EV Battery Joint VentureFord Motor Co and South Korean battery maker SK On Co along with its subsidiary finalized setting up a joint venture for building and operating battery production facilities in the United States.1 min read
Reuters | Jul 17, 2022U.S., Mexico Resolve Panasonic Auto Parts Plant Labor DisputeThe United States and Mexico announced a resolution to a dispute at a Panasonic auto parts plant in Mexico, with workers receiving an above-inflation pay rise after the firm rejected an agreement with a union that lacked lawful bargaining authority.2 mins read
Reuters | Jul 17, 2022UK Fast-Charging Battery Startup Nyobolt Raises $59 MillionNyobolt has raised 50 million pounds ($59 million) in Series B funding to build a UK manufacturing plant in 2023 to produce millions of battery cells.1 min read
Reuters | Jul 17, 2022Taiwan Weighs Foxconn Fine For China Chip Investment - ReportTaiwan's government is considering fining tech giant Foxconn up to T$25 million ($835,600) over its investment in a Chinese chip conglomerate without first getting regulatory approval.2 mins read
