Auto Industry

Reuters

Jul 1, 2022, 5:40 AM

Hyundai Motor Group To Invest $50 Billion In S.Korea Through 2025

Hyundai Motor Group plans to invest 63 trillion won ($49.86 billion) in South Korea through 2025 to strengthen its competitiveness in different business fields

0 Min

• 
  Reuters | Jul 1, 2022

  Battery-Powered Electric Vehicles Nearly Double EU Market Share In Q1 - Report

  Battery-powered electric vehicles (BEVs) almost doubled their market share in the European Union during the first quarter.

  1 min read
• 
  Reuters | Jul 1, 2022

  U.S. Seizes Iranian Oil Cargo Near Greek Island - Sources

  The vessel's Russian owner Transmorflot was subsequently designated on May 8. The tanker, renamed Lana on March 1 and flying the Iranian flag since May 1, has remained near Greek waters since then. It was previously Russian-flagged.

  3 mins read
• 
  car&bike Team | Jun 27, 2022

  BMW To Test ONE's Advanced Battery In Its iX Electric SUV

  BMW to use Michigan-based start-up Our Next Energy's Gemini battery that is claimed to offer a range of 965 km or more between charges.

  2 mins read
• 
  car&bike Team | Jun 26, 2022

  Hyundai Working On Small, Affordable Electric Car For India

  The small EV is part of Hyundai's broader plan to invest 40 billion rupees ($512 million) to launch six electric vehicles in India by 2028

  2 mins read
• 
  car&bike Team | Jun 23, 2022

  Yamaha Motor Establishes $100 Million Sustainability Investment Fund

  According to Yamaha Motor, the fund will be run for a period of 15 years, and will be used for investing in companies working to address problems concerning the environment.

  1 min read
• 
  car&bike Team | Jun 22, 2022

  Hyundai Says 1.35 Lakh Vehicle Orders Pending Due To Semiconductor Shortage

  Carmaker said that its sales were not a direct reflection of the demand for its cars with production constrained by semiconductor shortages.

  1 min read
• 
  Mihir Barve | Jun 22, 2022

  Triumph Motorcycles Acquires Electric Bike Brand OSET

  Triumph has announced the acquisition of OSET, an electric bike manufacturing brand that makes children's off-road bikes.

  1 min read
• 
  car&bike Team | Jun 22, 2022

  How To Take Care Of Your Car Tyres During Monsoon?

  Keep your tyres in top shape this monsoon season by following these tips.

  1 min read