Auto Industry
car&bike Team
Apr 26, 2022, 6:21 PM
The NSE Nifty 50 index closed 1.05% higher at 17,136.55 and the S&P BSE Sensex was up 1.02% at 57,037.50 following a sharp selloff late on Tuesday, after Russia said it was starting a new stage of what it calls its special military operation in Ukraine.
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car&bike Team | Apr 26, 2022Japan Aims For 20% Share Of Global Battery Market By 2030Japan aims to achieve the 20 per cent market share by boosting global output capacity at Japanese companies nearly 10-fold to 600 gigawatt hours (GWh), the industry ministry said.1 min read
car&bike Team | Apr 26, 2022Robotaxi Startup Pony.Ai Gains Taxi License In China CitySelf-driving tech company Pony.ai has obtained a taxi license in China, which will allow some of its driverless vehicles to start charging fares. The company said it was the first autonomous driving company in the country to do so1 min read
Siddharth Vinayak Patankar | Apr 26, 2022Hyundai IONIQ 5 India Launch Details Now OfficialHyundai Motor India will bring the 2022 World Car of the Year - the all-electric Hyundai IONIQ 5 to India in the second half of this year1 min read
car&bike Team | Apr 25, 2022Ola Electric To Launch Autonomous Car By 2024, Says CEO Bhavish AggarwalBhavish Aggarwal, Co-Founder and CEO of Ola Electric said that the company has been testing an autonomous vehicle for nearly six months now and the car will be launched in the global markets by late 2023 or early 2024.1 min read
car&bike Team | Apr 25, 2022Zypp Electric Raises $1 Million To Expand EV Fleet ServicesThe company aims to use debt as a new expansion funnel along with the current leasing strategy, as it plans to deploy 1.5 lakh electric scooters in India by 2025.1 min read
car&bike Team | Apr 25, 2022Twitter, Under Shareholder Pressure, Begins Deal Talks With Musk - ReportTwitter Inc kicked off deal negotiations with Elon Musk on Sunday after he wooed many of the social media company's shareholders with financing details on his $43 billion acquisition offer1 min read
Seshan Vijayraghvan | Apr 25, 2022Self Drive Nepal Becomes BYDs Exclusive Rental Partner; Procures 50 e6 Electric MPVsBYD's partner in Nepal, Cimex Inc., has signed an agreement with Self Drive Nepal, for 50 units of all-electric MPV, the BYD e6. The vehicles will be used by Self Drive for emission-free rental fleet operation in Nepal.1 min read
car&bike Team | Apr 24, 2022White House Warns Of 'Escalating Vulnerabilities' To U.S. From Semiconductor ShortageThe White House held a classified briefing with some U.S. lawmakers on the dire risks to the American economy from semiconductor supply chain issues as it pushes Congress for $52 billion in funding to subsidize production1 min read
