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Auto Industry
car&bike Team
Nov 11, 2021, 6:51 PM
With India commemorating Swarnim Vijay Varsh in 2021, twenty iconic cars will be auctioned on the occasion.
1 Min
car&bike Team | Nov 11, 2021Elon Musk Sells $5 Billion In Tesla Shares After Twitter PollTesla Chief Executive Elon Musk sold about $5 billion in shares, the billionaire reported in filings on Wednesday, just days after he polled Twitter users about selling 10% of his stake.1 min read
car&bike Team | Nov 11, 2021Subaru Unveils First All-Electric Car Solterra, Developed With ToyotaJapan's Subaru Corp on Thursday unveiled it first all-electric vehicle (EV), the Solterra, the result of a two-year joint development project with its biggest shareholder Toyota Motor Corp.1 min read
Ameya Naik | Nov 11, 2021Good Growth Will Soon Return To The Indian Car Market: Kenichi Ayukawa, MD, CEO, Maruti SuzukiSpeaking during the launch of the new-gen Celerio, Kenichi Ayukawa, MD, and CEO, Maruti Suzuki said that while there may be some supply side constraints in the short term, owing to shortage of electronic components, the medium and long term India story continues to look promising.1 min read
car&bike Team | Nov 10, 2021Omega Seiki Mobility, Log9 Materials Introduce Fast-Charging EV Three-WheelerThe Rage+ Rapid has a claimed charging time of just 35 minutes, and comes with a vehicle warranty of 5 years, and battery warranty of 6 years.1 min read
car&bike Team | Nov 10, 2021Nissan Triples Profit Forecast On Strong Quarterly ResultsNissan tripled its full-year net profit forecast on Tuesday as it rebounded from the impact of the pandemic with a strong quarterly performance, saying it expected to withstand challenges including the global chip crunch and rising raw material prices.1 min read
car&bike Team | Nov 10, 2021Sony To Invest $500 Million In TSMC's New Japanese Chip Plant VentureSony Group said on Tuesday it would invest about $500 million in a joint venture with Taiwan Semiconductor Manufacturing Co (TSMC) that will build a $7 billion chip plant in Japan. Construction of the factory, which local media said last month would supply semiconductors to Sony's image sensor business, will begin in 2022, with production slated to begin at the end of 2024, the companies said in a press release.1 min read
car&bike Team | Nov 9, 2021Battery Smart Raises $7 Million In Pre-Series A RoundThe funds will be utilised to strengthen its Battery Assignment Technology, scale its operations to service 10,000 electric vehicles and expand its footprint.1 min read
car&bike Team | Nov 9, 2021Magenta ChargeGrid Sets Up 6 Charging Hubs For Electric CVsThe six EV charging hubs will be used for electric commercial vehicles and are set up at key locations across Bengaluru.1 min read
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