Automobile
From the latest car reviews to industry insights and cutting-edge technology, stay in the fast lane of automotive trends and innovations.
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Asian EV makers enjoy some advantages over Tesla
Chennai: As it has happened in the internal combustion engine (ICE) vehicle industry, the Asian automobile makers are expanding their offering and enjoy certain advantages over Tesla, said S&P Global Ratings in…
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Hyundai Motor targets 5,000-unit sales of Tucson
Chennai: India’s second largest car maker Hyundai Motor India Ltd targets to sell about 5,000 units of its new Tucson model this year, the company said on Wednesday. According to Hyundai Motor…
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Musk agrees to rebuy Tesla stock if Twitter deal doesn’t close
San Francisco: After selling its electric vehicle company shares worth nearly $7 billion, Tesla and SpaceX CEO Elon Musk on Wednesday said that he would repurchase Tesla stock if the Twitter deal…
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Tractor industry sales down to 59,586 units in July 2022
Chennai: The Indian tractor industry sold 59,586 units last month down from 80,980 units sold during July 2021, said Tractor Junction, a digital marketplace for tractors and farm equipment. According to Tractor…
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Ford India to sell its Gujarat plant for Rs 725.7 cr to Tatas
Chennai: In line with the earlier announcement, the Tata Passenger Electric Mobility Limited and Ford India Private Limited have inked the Unit Transfer Agreement for the acquisition of the latter’s plant in…
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Tesla robotaxi will be combination of Uber, Airbnb: Elon Musk
San Francisco: Electric vehicle company Tesla’s CEO Elon Musk has predicted that the company’s robotaxi will be like Uber and Airbnb combined. During the company’s annual shareholders meeting, Musk stated that the…
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AP seeks to attract USD 4 billion investment in EV segment
Amaravati: Andhra Pradesh is seeking to position itself as the ‘lighthouse state’ and attract investments to the tune of USD 4 billion in the electric vehicles segment over the next few years.…
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Tesla to build 10-12 gigafactories in years to come: Musk
San Francisco: Tech billionaire Elon Musk has hinted that Tesla would probably build “at least 10 or 12 gigafactories” in years to come, teasing another gigafactory location to be chosen later this…
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Kia India to offer six airbags as standard fitment in Seltos
New Delhi: Kia India on Wednesday said it will offer six airbags as standard fitment in its mid-sized SUV Seltos. The decision to provide six airbags on all the trims of the…
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BMW recalls some of its electric cars over battery fire risk
San Francisco: BMW has issued a recall for some of its electric cars as the high voltage battery “may have internal damage”, which can result in an electrical short circuit. The recall…
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Hero Electric sells close to 9K EV 2-wheelers in July, tops segment
New Delhi: Hero Electric led the EV two-wheeler segment, selling 8,952 vehicles for the entire month, followed by Okinawa Autotech at 8,094 vehicles, the latest VAHAN data has revealed. Ather Energy sold…
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Ather Energy, Ola Electric see sharpest drop in EV 2-wheeler sales in July
New Delhi: Hero Electric has piped Okinawa Autotech, Ola Electric and Ather Energy in selling maximum number of EV two-wheelers in the month of July, with Ather Energy and Ola Electric suffering…
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Ola may lay off 1,000 employees to ramp up EV plans
New Delhi: As Bhavish Aggarwal-led Ola aims to ramp up its electric vehicle (EV) business, media reports have claimed that the ride-hailing platform is laying off around 1,000 employees from across verticals.…
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Hyundai Motor names new CEO for US operations
Seoul: Hyundai Motor, South Korea’s biggest carmaker, said on Friday it has named a new chief executive for its US operations amid the prolonged chip shortage. Hyundai has promoted Randy Parker to…
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Apple ropes in Lamborghini executive to help boost EV programme
San Francisco: With an aim to boost its electric autonomous vehicle programme, tech giant Apple has onboarded a veteran Luigi Taraborrelli of car maker Lamborghini, media reports say. According to Taraborrelli’s LinkedIn…
