Auto Industry

Pratik Rakshit

May 23, 2022, 6:48 PM

Hyundai Invests $ 5.54 Billion In New EV Plant and Battery Manufacturing Facility In The U.S.

The new EV plant and battery manufacturing facilities from Hyundai represent an investment of approximately USD 5.54 billion and will break ground in early 2023.

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  Seshan Vijayraghvan | May 23, 2022

  These States Have Further Reduced Petrol, Diesel Prices After Centre's Excise Duty Cut

  Following the reduction of central excise duty a few states have now additionally announced a reduction of VAT (Value Added Tax) on petrol and diesel, namely Maharashtra, Kerala, and Rajasthan.

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  car&bike Team | May 23, 2022

  Bugatti Bolide Wins Design Award At 2022 Concorso D'Eleganza Villa D'Este

  Bugatti's prototype track car was on display at the 2022 Villa d'Este and took home the Design Award in the concept car class.

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  Pratik Rakshit | May 23, 2022

  Tata Motors, Tata Power To Install 7 MWp Solar Rooftop Expansion Project In Pune

  This is the third phase of a joint 17 MWp on-site solar project developed by the two firms, of which a 10 MWp was installed earlier.

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  car&bike Team | May 23, 2022

  Mercedes To Shift Focus To Higher Luxury Car Segments; Introduces New Mythos Brand

  Mercedes says it plans to reshape its product portfolio with a greater focus on top-end and core luxury models.

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  Mihir Barve | May 22, 2022

  Maharashtra Cuts VAT On Petrol, Diesel Post Centre's Excise Duty Reduction

  Just a day after central government announced reduction in excise duty on petrol and diesel, Maharashtra government has gone on to reduce VAT on petrol by Rs. 2.08 and on diesel by Rs. 1.44.

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  car&bike Team | May 22, 2022

  Tesla To Host Second Artificial Intelligence Day In August

  Elon Musk said the electric-car maker will host its second artificial intelligence day on August 19, with the company likely to expand on plans to fine-tune its self-driving technology.

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  car&bike Team | May 22, 2022

  Tesla Cut From S&P 500 ESG Index, And Elon Musk Tweets His Fury

  S&P Dow Jones Indices has removed electric carmaker Tesla from the widely followed S&P 500 ESG Index because of issues including claims of racial discrimination and crashes linked to its autopilot vehicles.

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  car&bike Team | May 22, 2022

  Startup Gatik Says It Will Put Self-Driving Trucks On The Road In Kansas

  Gatik said it will be putting its box trucks on the road in Kansas after state officials gave it and its partner and customer Walmart Inc the go-ahead.

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