Auto Industry News

Evergrande's Swedish Electric Vehicle Unit In Sale Talks, CEO Says
The Chinese property developer has spent billions of dollars on stakes in automobile technology developers, including NEVS.

TotalEnergies Looking Into EV Charging Points In India, Says CEO
Oct 26, 2021 10:22 PM
TotalEnergies is looking at investing in electric vehicle charging points in India as well as low-carbon hydrogen in India, said Chief Executive Patrick Pouyanne on Wednesday.

Indian Refiners' Crude Processing Ticks Up On Firm Demand
Oct 26, 2021 10:29 PM
On a year-on-year basis, refiners' crude oil throughput in September rose about 2.9%, while crude oil production fell about 1.7% to around 600,000 bpd (2.44 million tonnes), the data showed.

Planning To Buy A Used Volkswagen Ameo? Pros And Cons
Oct 26, 2021 08:50 PM
Depending on the model year and the variant you choose, the Ameo is available in the pre-owned sector between Rs. 4.5 lakh to Rs. 9.85 lakh.

Planning To Buy A Used Kia Sonet? Here Are Some Pros And Cons
Oct 26, 2021 08:35 PM
Planning to buy the Kia Sonet from the pre-owned vehicle market? Well, we think you should check out these pros and cons first, before making that final decision.

Planning To Buy A Used Tata Nexon? Here Are Some Pros And Cons
Oct 26, 2021 08:34 PM
The Tata Nexon is one of the more popular subcompact SUVs in India, and if you are planning to buy one from the used car market, here are some pros and cons you must know about.

Xpeng-Backed Flying Car Startup Raises $500 Million
Oct 26, 2021 08:33 PM
The startup raised the new money from IDG Capital, 5Y Capital, Xpeng and others in this funding round, it said in a statement.

TSMC Announces Chip Plant In Japan, Flags 'Tight' Capacity Throughout 2022
Oct 26, 2021 07:24 PM
TSMC said it would set up a chip plant in Japan that will use older chipmaking technology, a segment currently under a severe supply shortage due to robust demand from automakers and tech companies.

Hyundai Motor's Q3 Profit Misses Estimates As Chip Shortage Takes A Toll
Oct 26, 2021 07:02 PM
The automaker said the global chip shortage would last until the end of this year or into next year, and it expected it would take a long time to get back to normal.

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