Auto Industry
car&bike Team
Mar 30, 2022, 5:04 PM
Global EV sales, estimated at 2.5 million vehicles in 2020, is forecast to grow more than 12-fold to 31.1 million by 2030 and account for nearly a third of new vehicle sales, according to consulting firm Deloitte.
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car&bike Team | Mar 30, 2022General Motors Expedites Shipment Of Pickup Trucks Parked Due To Lack Of ChipsThe global chip shortage has forced automakers like GM to idle production or in some cases mostly build vehicles and then park them until the necessary chips can be installed, allowing those vehicles to be then shipped to dealers.1 min read
car&bike Team | Mar 30, 2022Canada Says Proposed U.S. EV Tax Credit Could Harm Sector, Mulls Possible ChallengeA U.S. House panel in September approved legislation to boost EV credits to up to $12,500 per vehicle, including $4,500 for union-made vehicles produced in the United States and $500 for batteries made in the United States.1 min read
car&bike Team | Mar 30, 2022BMW Chennai Plant Completes 15 Years Of OperationsBMWs plant commenced operation on March 29, 2007 with the roll out of the 3 Series luxury sedan1 min read
car&bike Team | Mar 30, 2022Pure EV Electric Scooter Catches Fire In ChennaiThis is the fourth such instance of an electric scooter catching fire in four days, adding to the debate on safety standards of electric two-wheelers in the Indian market.1 min read
car&bike Team | Mar 30, 2022Oil Drops 2% Amid Russia-Ukraine Peace Talks, China LockdownsLockdowns have dampened consumption of transportation fuels in China to a point where some independent refiners are trying to resell crude purchased for delivery over the next two months, traders and analysts said.1 min read
car&bike Team | Mar 30, 2022Foxconn Bullish On Electric Vehicle Prospects As It Shows Off Three PrototypesThe vehicles - an SUV, a sedan and a bus - were made by Foxtron, a venture between Foxconn and Taiwanese car maker Yulon Motor Co Ltd.1 min read
car&bike Team | Mar 30, 2022Volkswagen Executive Sees Global Chip Shortage Running Well Into 2022The shortage of chips has led automakers around the world to curtail vehicle production, but also driven up profit as vehicle prices have risen. Carmakers use chips in everything from brake sensors to power steering to entertainment systems.1 min read
car&bike Team | Mar 29, 2022Maintaining The Performance Of Car TyresThe tires are crucial components that allow vehicles to travel from one place to another. Maintaining these tires is important and should be done diligently.1 min read
