Auto Industry
car&bike Team
Mar 24, 2022, 9:55 PM
Hyundai Motor Company and Ola Electric are now required to set up the manufacturing facility within a period of two years, as the incentive will be disbursed thereafter over a period of five years on the sale of batteries manufactured in India.
1 Min
car&bike Team | Mar 24, 2022Oil Jumps 5% As Caspian Pipeline Disruption Adds To Supply FearsCrude oil exports from Kazakhstan's CPC terminal on Russia's Black Sea coast stopped fully on Wednesday after damage caused by a major storm and continued bad weather.1 min read
car&bike Team | Mar 24, 2022India's Feb Crude Oil Imports Hit 4 Month-Low As Global Prices SurgeIndia's crude oil import dropped 8.6 percent over January 2022 while fuel consumption rose 5.4 percent year on year1 min read
Shubham Parashar | Mar 24, 2022Hisashi Takeuchi To Succeed Kenichi Ayukawa As Maruti Suzuki's New MD & CEOIn a bid to ensure smooth transition, Ayukawa will continue to provide guidance to the Company till September 30.1 min read
car&bike Team | Mar 24, 2022MG Motor India Introduces Online Car Finance PlatformMG Motor India aims to offer online car purchase solutions with flexible, seamless, transparent, and quick loan approvals.1 min read
car&bike Team | Mar 24, 2022CNG Becomes More Expensive By Rs. 1 In Delhi-NCRIndraprastha Gas Limited (IGL) has increased the price of compressed natural gas or CNG by Rs. 1 per kilogram, in Delhi and NCR. Right now, in Delhi CNG is priced at Rs. 59.01 per kg and the new rates came into effect from today, March 241 min read
car&bike Team | Mar 24, 2022Stellantis, LG Energy Solution To Set-Up EV Battery Plant In CanadaThe joint venture between Stellantis and LG Energy Solution will invest over $4.1 billion to establish operations, which will include an all-new battery manufacturing plant located in Windsor, Ontario, Canada.1 min read
Sameer Contractor | Mar 23, 2022Honda 2Wheelers India Exports Cross 30 Lakh Mark, Honda Dio Most Exported Two-WheelerHonda began export operations in 2001 with the Activa and crossed the 15 lakh milestone in 2016, the next 15 lakh exports have come in only the last five years, growing at three times faster speed.1 min read
Sameer Contractor | Mar 23, 2022Not Raid But "Routine Inquiry," Hero MotoCorp Clarifies Income Tax Department VisitsIn its statement, Hero said that the I-T department visit was part of a "routine inquiry" and isn't uncommon before the end of the financial year.1 min read
