Auto Industry News

Bollinger said the startup will showcase the electric platforms for its medium-duty trucks in March and will likely release some customer names this year.

The new company, Sony Mobility Inc, comes as the Japanese tech giant is "exploring a commercial launch" of electric vehicles, said Sony chairman and president Kenichiro Yoshida.

Software is playing an increasing role in vehicles, from managing electric motors and batteries to supporting functions such as autonomous driving, entertainment and navigation.

As part of its CR program, Hero MotoCorp has handed over 125 retrofitted Destini scooters to the Indian Army soldiers disabled in the line of duty.

As part of the 'Project Mumkin' initiative, Mahindra has delivered more than 500 units of the Bolero Pik-up vehicles in Jammu and Kashmir. Under this initiative, the Mission Youth, J&K, is offering a special incentive of Rs. 80,000 or 10 per cent of the on-road price of the small commercial vehicles.

China needs to bring zero emissions vehicle sales to 63% by 2030 and 87% by 2035 if it is to meet its targets, Greenpeace estimated.

The 20% hike in price comes less than two years after the company previously increased prices for the system in 2020.

Skoda Auto's global deliveries dropped 12.6% year-on-year in 2021 due in part to the semiconductor shortage and impact of the pandemic