Auto Industry News

Panasonic has sought to reduce its reliance on low-margin consumer electronics and appliances, shifting its focus to automotive batteries for Tesla Inc, production machinery, components and more recently supply chain management services.

Self-driving vehicle companies from Tesla Inc to General Motors Co's Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for robot-driven vehicles.

A study conducted by American Automobile Association (AAA) said monitoring systems that rely only on how drivers' handle the steering wheel were not successful.

Amsterdam-based Dott had announced $85 million in the Series B funding last year and the extra amount brings the total the start-up has raised so far to around $210 million.

China's Great Wall Motor said on Friday it will invest 11.5 billion yuan ($1.81 billion) over the next decade to build electric vehicles in Brazil where its has taken over a factory from Daimler AG.

A test mule of the Tesla Model Y electric SUV has been spotted in India. The test mule was caught on the camera by an enthusiast in Pune, Maharashtra.

The government says there's provision for locally assembling vehicles in India, which is the norm followed by several mainstream luxury carmakers in the country.

Electric cars have become to go-to option for almost all budget-friendly consumers and for all the right reasons.