Auto Industry

car&bike Team

Feb 13, 2022, 11:37 PM

Canada Trucker Blockade Poses Risk To Supply Chain, Auto Industry, Says US Government

The Canadian truckers blockade is posing a risk to the auto industry's supply chain and U.S. officials were in close touch with their counterparts in Canada on the issue, the White House said on Wednesday.

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  car&bike Team | Feb 13, 2022

  Britishvolt Signs Agreement To Develop High-Nickel EV Batteries

  Demand for nickel is expected to jump over the next decade as EVs go mainstream. Nickel bolsters energy storage in a battery's cathode, which in turn extends an EV's range. The auto industry is scrambling to boost EV range with large investments in research into more energy-dense batteries.

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  Sameer Contractor | Feb 12, 2022

  Industrialist Rahul Bajaj Passes Away At 83

  The Bajaj patriarch reportedly was suffering from pneumonia and also heart ailment. He was admitted to the hospital for the past month. He will be cremated with full state honours.

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  Reuters | Feb 12, 2022

  EU Car Sales To Rise 7.9% In 2022 As Chip Supply Stabilises: Report

  The European Automobile Manufacturers' Association (ACEA) represents the 16 major Europe-based automakers and said this would follow a 2.4 per cent decline in 2021 due to a shortage of semiconductors.

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  Reuters | Feb 12, 2022

  Semiconductor Chip Supply To Normalise In 2022, Says Mexico's Auto Industry

  A return to more normal supplies of semiconductors would allow Mexican carmakers to increase use of installed capacity.

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  Reuters | Feb 12, 2022

  Ford Reconsiders India After Halting Production, This Time For EVs

  Ford said it was exploring the possibility of using a plant in India as an export base for EV manufacturing that could potentially be sold in the country too.

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  car&bike Team | Feb 12, 2022

  Chandigarh Administration Approves Electric Vehicle Policy Draft

  Under the Chandigarh Electric Vehicle Policy, buyers can avail of an incentive of Rs. 5,000 per kW on electric two-wheelers subject to a maximum of Rs. 30,000. The incentive stands at Rs. 10,000 per kW on electric cars up to Rs. 1.50 lakh

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  car&bike Team | Feb 12, 2022

  Semi-Conductor Chip Shortage Impacts Mahindra's Inventory; Suffers Loss Of 20,000 Units In Q3 FY22

  However, Mahindra does not see reducing its production capacity to offset the impact but instead looks for new sources to counter the shortage.

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  Reuters | Feb 12, 2022

  Ford, Suzuki To Get Incentives Under India's $3.5 Billion Clean Fuel Scheme

  The ministry of heavy industries said it has approved applications from 20 companies which also include Kia Motors, Tata Motors, Mahindra & Mahindra and Softbank-Group Ola Electric.

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