Auto Industry
car&bike Team
Mar 29, 2022, 9:37 PM
Reports indicate that the Income Tax Department has discovered evidence of bogus expenses of more than Rs. 1,000 crore and cash transactions of over Rs. 100 crore by Hero MotoCorp.
2 Min
car&bike Team | Mar 29, 2022Govt Orders Probe Into Electric Scooter FiresAccording to reports, the government has ordered an inquiry into the increasing number of incidents of fire in electric two-wheelers, including electric scooters of Ola Electric and Okinawa Electric.1 min read
car&bike Team | Mar 29, 2022Daimler Truck Cuts Production At Some Locations Over Chip ShortageDaimler Truck said it was suspending production in some areas at its Mannheim site in March and at its Gaggenau plant in April, without being more specific.1 min read
car&bike Team | Mar 29, 2022Tata Motors Says 20% Rise In Battery Cell Costs Increasing Short-Term PressureSurge in prices of raw materials like nickel, cobalt and lithium affecting cost of EV batteries.1 min read
car&bike Team | Mar 29, 2022Stellantis Launches Venture Capital Fund With Initial 300 Million Euro InvestmentThe decision is part of Stellantis' wider strategy spelled out earlier this month in the company's first business plan.1 min read
car&bike Team | Mar 29, 2022Britishvolt And Bakrie's VKTR Team Up For Sustainable EV Battery NickelElectric vehicle (EV) battery startup Britishvolt and VKTR, part of Bakrie & Brothers' auto unit, said on Tuesday they would develop sustainable nickel refining capacity in Indonesia and look into building a battery plant there.1 min read
car&bike Team | Mar 29, 2022Tesla's Musk Appears Headed To Berlin From AustinTesla received a conditional go-ahead for its gigafactory near Berlin earlier in March, ending months of delay for the plant1 min read
car&bike Team | Mar 29, 2022Mahindra Reveals Four Superhero-Based Thar NFTsThe four NFTs are currently up for auction online from March 29 till March 31.1 min read
car&bike Team | Mar 29, 2022Oil Dips On Russia-Ukraine Talks, U.S. Inventory DataOil lost ground for the fifth time in the last six days on Wednesday as traders reacted to hoped-for progress in Russia-Ukraine peace talks1 min read
