Auto Industry
Reuters
Nov 7, 2021, 3:49 PM
Musk has criticized the proposal, which would affect 700 billionaires and impose taxes for long-term capital gains on tradable assets, whether or not they have been sold.
1 Min
AFP | Nov 6, 2021Toyota Ranked One Of Worst Major Automakers For Emissions EffortsThe campaign group gave Toyota and US-European firm Stellantis "F minus minus" grades for decarbonisation efforts including phasing out engines that burn planet-warming fossil fuels in favour of electric vehicles.1 mins
Shubham Parashar | Nov 5, 2021Delhi Government Withdraws Subsidies On Electric CarsThe Delhi government has withdrawn the Rs. 1.5 lakh subsidy on electric cars after it completed sales on 1000 units and the decision comes at a time when Delhi was inching closer to becomes one of the highest EV selling states.1 mins
Reuters | Nov 5, 2021Swedish Self-Driving Start-Up Einride Expands Into US MarketThe company has already started operating a fleet of 20 Einride Pods - its electric self-driving truck without a driver cabin.1 mins
Reuters | Nov 5, 2021UK Based EV Maker Bedeo Acquires China's Protean From Evergrande's Auto UnitBedeo is buying Protean from National Electric Vehicle Sweden, a unit of Evergrande New Energy Vehicle Group.1 mins
Reuters | Nov 5, 2021Toyota Boosts Profit Outlook On Weaker Yen, But Warns Of Production RisksToyota has been forced to cut output due to the chip shortage and lockdown measures that have slowed component production at factories in Malaysia and Vietnam, even as vehicle demand around the world rebounds from a pandemic slump.1 mins
Reuters | Nov 5, 2021Honda Lowers Profit Outlook 15 Per Cent Amid Chip ShortageHonda's production plans have been hit by the shortage, with global output in September falling 30 per cent from a year ago.1 mins
Seshan Vijayraghvan | Nov 4, 2021Ashok Leyland Launches Ultra Low Floor CNG Buses; Delivers First Batch To Indigo AirlinesHome-grown commercial vehicle manufacturer, Ashok Leyland, has announced the launch of its new 12-metre Ultra Low Floor CNG buses in India. The flagship company of the Hinduja Group handed over 10 units of the new low floor bus to IndiGo (InterGlobe Aviation) airlines to be used at the New Delhi Airport.1 mins
car&bike Team | Nov 3, 2021U.S. Autonomous Delivery Startup Nuro Raises $600 Million For $8.6 Billion ValuationAutonomous delivery vehicle maker Nuro raised $600 million in its latest funding round, the Silicon Valley-based startup said on Tuesday, bringing on board Alphabet Inc's Google as an investor.1 mins
