Auto Industry
Sameer Contractor
Nov 4, 2021, 3:02 AM
The central government has announced a major reduction in fuel prices on the occasion of Diwali with petrol now cheaper by Rs. 5 and diesel by Rs. 10 across the country.
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car&bike Team | Nov 4, 2021Ola Unveils First Operating Profit Ahead Of Potential IPOIndian ride-hailing company Ola, backed by Japan's Softbank Group, has notched up its first-ever operating profit since beginning operations a decade ago. Ola reported standalone operating profit or EBITDA (earnings before interest, tax, depreciation and amortisation) of Rs.89.82 crore ($12 million) for the fiscal year that ended in March 2021, versus a loss of over Rs. 607 crore ($81.55 million).1 mins
car&bike Team | Nov 3, 2021Indian Oil To Set-Up 10,000 EV Charging Stations In 3 Years Across IndiaIndian Oil Corporation Limited on Wednesday announced that it will establishment of over 10,000 electric vehicle (EV) charging stations across India in the next three years.1 mins
car&bike Team | Nov 3, 2021Ola CEO Bhavish Aggarwal Tweets About Selling 1000+ Used Cars, Gets Trolled For Bad Buying Experience And E-Scooter DelaysOla CEO, Bhavish Aggarwal tweeted about selling more than 1000 cars through its used car platform Ola Cars over Dhanteras weekend, however, several Twitterati expressed some critical opinions about bad buying experience, the cars being too pricy, and even about delays in delivery of the Ola S1 electric scooter.1 mins
Reuters | Nov 3, 2021Fisker Strikes Battery Supply Deal With China's CATLCATL will supply two different battery packs for the Fisker Ocean SUV, with an initial battery capacity of over 5 gigawatt-hours annually, from 2023 to 2025, the company said.1 mins
Shubham Parashar | Nov 3, 2021Auto Sales October 2021: Sonalika Tractors Registers 5.5 Per Cent GrowthThe growth is primarily attributed to the festive season demand and Sonalika's new range of tractors like the Tiger and Sikander DLX have been the major volume garners.1 mins
Reuters | Nov 3, 2021Volkswagen Invests In EU-Backed Energy Transformation FundVolkswagen said on Wednesday it had entered a strategic partnership with EIT InnoEnergy and will become a shareholder in the EU-backed venture.1 mins
car&bike Team | Nov 3, 2021Data Reveals Electric Vehicle Registrations Picking Up In DelhiFrom July to September this year, EVs accounted for 7 per cent of vehicles registered in Delhi, while CNG vehicles accounted for 6 per cent.1 mins
car&bike Team | Nov 3, 2021Akshay Kumar And Director Rohit Shetty Share A Jai-Veeru Moment On A Ducati MonsterActor Akshay Kumar has posted a photo on his social media handle showing him and filmmaker Rohit Shetty sharing a Jai-Veeru moment on a Ducati Monster. The photo seems to have been taken behind the scenes during the filming of their upcoming movie Sooryavanshi.1 mins
