Cars News

Indian Ride-Hailing Firm Ola Plans To Start Producing Electric Cars In 2024
Indian ride-hailing firm Ola Electric plans to start producing electric cars in India in 2024 with a range of up to 500 km (310 miles), Chief Executive Bhavish Aggarwal said.

India's Maruti Suzuki Aims To Win Over SUV Buyers With New Hatchback
Aug 29, 2022 10:53 PM
Maruti Suzuki is betting that a bigger and more fuel efficient version of its small hatchback, Alto, can bring back buyers to a segment that long-dominated Indian roads but has recently lost its popularity to sports-utility vehicles (SUVs).

Infineon Quarterly Revenue Beats, Lifts 2022 Outlook On Chip Demand
Aug 29, 2022 10:52 PM
Infineon, the leading supplier of microchips to the auto industry, on Wednesday reported a rise in third-quarter revenue and lifted its full-year outlook as it continues to benefit from a global shortage of semiconductors.

Tesla Cuts Delivery Waiting Time For Model Y In China To A Minimum Of 4 Weeks
Aug 29, 2022 10:51 PM
Electric auto giant Tesla said it has slashed the delivery waiting time for its Model 3 and Model Y cars in China as it ramps up output at its Shanghai plant after upgrading production lines.

Indonesia President Wants Tesla To Make Electric Cars In Country - Sources
Aug 29, 2022 10:51 PM
Indonesian President Joko Widodo has urged electric vehicle (EV) maker Tesla to manufacture its cars, as well as batteries, in the country, in comments made to Bloomberg News.

China Extends NEV Purchase Tax Exemption Worth 100 Billion Yuan
Aug 29, 2022 10:51 PM
China will extend its exemption of new energy vehicles' from purchase taxes to the end of 2023

Baidu Bags China's First Fully Driverless Robotaxi Licenses
Aug 29, 2022 10:49 PM
China search engine giant Baidu Inc said on Monday it has obtained permits to operate fully driverless robotaxi services on open roads from two Chinese cities, the first of their kind in the country.

U.S. House Lawmakers Look To Jump-Start Self-Driving Legislative Push
Aug 29, 2022 10:48 PM
Two members of the U.S. House of Representatives are launching a bipartisan effort to help revive legislative efforts to boost self-driving vehicles.

Biden Signs Bill To Boost U.S. Chips, Compete With China
Aug 29, 2022 10:48 PM
President Joe Biden on Tuesday signed a landmark bill to provide $52.7 billion in subsidies for U.S. semiconductor production and research and to boost efforts to make the United States more competitive with China's science and technology efforts.

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