Automobile

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Higher cost, supply side constraints dent Feb auto sales

New Delhi: Higher cost along with supply side constraints, impacted India’s domestic auto sector sales in February 2022 on a year-on-year basis. Accordingly, the sector’s February off-take of passenger cars, two-and-three wheelers…
Rising nickel prices put a spanner in Musk’s dream of affordable EVs

New Delhi: The rising nickel prices, owing to the Russian invasion of Ukraine, have thrown a spanner in Elon Musk and other automakers’ dream of introducing affordable electric cars soon. Nickel prices…

Hero Electric partners with SUN Mobility to deploy 10K e-2Ws in 2022-23

New Delhi: Hero Electric on Monday announced its new partnership with SUN Mobility, a leading provider of energy infrastructure and services for electric vehicles (EVs), to deploy electric two-wheelers integrated with the…
EV pioneer Elon Musk now says world needs more oil & gas

New Delhi: Tesla CEO Elon Musk, who started the electric vehicle (EV) revolution to save the climate, on Saturday asked the world governments to increase oil and gas production. Referring to the…
In its 15th year, BMW car plant rolls out car number 1,00,000

Chennai: Celebrating its 15th anniversary, the BMW Group Plant located near Chennai, rolled out its car number 1,00,000. “It is a day of great joy and pride for us as the 1,00,000th…
Top automakers halt production in Russia amid Ukrainian invasion

New Delhi: As nations around the globe slap heavy sanctions on Russia, several top automakers have halted production at their respective facilities in the country and paused exports as Russian forces entered…
Jeep’s first electric SUV is likely coming in 2023

San Francisco: US based automaker Jeep, owned by Stellantis, has revealed the first images of its upcoming electric SUV and confirmed that it will launch in 2023. According to The Verge, Jeep…

Tesla offers free EV charging near Ukraine for people fleeing country

Kyiv: Electric vehicle company Tesla has started to offer free Supercharging in several countries around Ukraine for people fleeing the country following the Russian invasion. In an email to local owners, Tesla…
Hero Electric unveils new ; to launch in next quarter

New Delhi: Hero Electric on Tuesday unveiled a new two-wheeler Hero Eddy for the domestic market. The electric scooter is easy to manoeuver product that strikes a perfect balance between technology and…
BSES Yamuna Power commissions ‘Smart Managed’ EV charging station

New Delhi: In line with its commitment towards green and sustainable practices, BSES Yamuna Power Limited has commissioned Indias first ‘Smart Managed’ EV charging station here, it said in a statement on…
MP Govt set to announce EV policy in next two months

Bhopal: The Madhya Pradesh government is going to launch its electric vehicle (EV) policy soon as the process of giving it a final shape is almost completed, government officials said here on…
Hero MotoCorp creates Chief Growth Officer’s position

New Delhi: Two-wheeler major Hero MotoCorp has created a new management position of Chief Growth Officer to leverage emerging post-Covid opportunities. The two-wheeler major appointed Ranjivjit Singh, who was heading Marketing, to…
Automakers have no choice but to become tech or software firms

New Delhi: As digital technology becomes the differentiator in the car, automakers will soon have no choice but to become tech or software companies themselves, a new report has forecast. The automotive…
Re-opening of offices, institutions to boost two-wheeler sales

New Delhi: Re-opening of offices as well as educational institutions is expected to give a boost to two-wheeler sales volume on a sequential basis. Accordingly, the sequential improvement is expected to sustain…
Volkswagen acquiring Huawei’s autonomous driving unit

New Delhi: German motor vehicle manufacturer Volkswagen is in talks with Huawei to acquire its autonomous driving unit for billions of dollars, the media reported. According to Germany’s Manager Magazin, Volkswagen and…