Auto Industry News

BMW Group said it now expects an earnings before interest and taxation (EBIT) margin of 7-9% for its car business rather than 8-10%, due to the impact of the unfolding Ukraine crisis

The 51-year-old stunt bike icon allegedly took his own life and was said to be suffering from depression.

Nitin Gadkari expressed optimism about the adoption of electric and alternative fuel-powered vehicles, saying the scenario will change in the next five years.

Toyota Mirai is a Hydrogen Fuel-Cell based EV (FCEV). The mid-sized sedan holds the official Guinness World Record for the longest distance by a hydrogen fuel cell electric vehicle without refuelling, at 1359 km (845 miles).

Union Road Transport Minister Nitin Gadkari has told Rajya Sabha that the sale of electric vehicles (EVs) have increased since 2020 in the country, and assured that the scenario would change in the next two to three years.

Indian refining giant Reliance Industries has acquired the assets of battery maker Lithium Werks for $61 million, its second such deal in less than three months

EVs might be a common part of our society now, but it hasn't always been smooth sailing. The industry did see a resurgence around 2013!

Tesla Inc raised its prices in China and the United States for the second time in less than a week, after CEO Elon Musk said the U.S. electric carmaker was facing significant inflationary pressure in raw materials and logistics