Cars News

Xiaomi To Open Car Plant In Beijing With Annual Output Of 300,000 Vehicles: Report
The plant will be constructed in two phases and Xiaomi will also built its auto unit's headquarters, sales and research offices in the Beijing Economic and Technological Development Zone

Taiwan Looking At Chip Cooperation With Eastern European Nations
Nov 27, 2021 07:28 PM
Taiwan, home to companies such as Taiwan Semiconductor Manufacturing Co Ltd (TSMC), has become front and centre of efforts to resolve a shortage of chips that has shut some auto production lines around the world and whose impact is now being felt in consumer electronics too.

Tesla Details $1 Billion Costs For New Texas Factory, Targets Year-End Completion
Nov 27, 2021 07:10 PM
The company said it plans to complete construction of its general assembly, paint, casting, stamping and body shop facilities by Dec. 31.

BlackRock Joins EV Charging Venture Ionity In $788 Million Funding Round
Nov 27, 2021 06:52 PM
The investment will enable Ionity to more than quadruple the number of high-power 350 kilowatt charging points to 7,000 by 2025,

Nissan Magnite Deliveries Breach 30,000 Mark; Over 72,000 Bookings So Far
Nov 27, 2021 06:41 PM
Nissan India has reached a milestone of 30,000 deliveries of the Magnite in less than a year since its India launch. So far, the company has received over 72,000 bookings for the subcompact SUV.

This Lunar Rover Takes Inspiration From The Skoda's Electric Car
Nov 27, 2021 06:42 PM
The Luniaq Rover is a concept of an electric lunar vehicle for up to four astronauts, inspired by the design of Skoda SUV cars.

Geely Unit Lotus Tech Aims To Raise Up To $500 Million In Funds: CFO
Nov 27, 2021 04:04 PM
The company will launch its first product - an electric sports utility vehicle - in the first quarter of next year and aims to have three models within the next five years.

Carmakers Get Inventive As Global Chip Crisis Bites
Nov 27, 2021 03:49 PM
The global shortage of semiconductors has hit the auto industry hard, with millions of vehicles worldwide not being produced because important parts are missing.

Tata Motors Continues As Jamshedpur FC's Official Automobile Partner With Punch
Nov 27, 2021 03:52 AM
Tata Motors is continuing as Jamshedpur FC's official automobile partner for the upcoming Indian Super League (ISL) 2021-22 season. This time around, the football club will be sponsored by the company's newly launched micro SUV, the Tata Punch.

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