Automobile
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Ford India inks severance package deal with the Union, announces sign-off bonus
Chennai: Ford India Private Ltd and the Chennai Ford Employees Union (CFEU) on Friday inked the Settlement Agreement or the deal for severance package, said the company. The company has also announced…
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Tesla appoints Airbnb co-founder Joe Gebbia to board
San Francisco: Elon Musk-run Tesla has appointed billionaire and Airbnb Co-founder Joe Gebbia to its board of directors. According to a filing with the US Securities and Exchange Commission (SEC), Gebbia has…
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BMW to use Amazon Alexa tech to make its own virtual assistant
New Delhi: German automaker BMW has announced to use Amazon Alexa technology to develop its next-generation voice assistant. BMW started offering Alexa assistant in select cars in 2018. This time, the company…
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Kia to launch high-performance electric model EV6 GT next week
Seoul: Kia Corp, South Korea’s second-biggest carmaker, said on Thursday it will launch the pure electric high-performance model EV6 GT in the domestic market next week in a move to beef up…
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EV players welcome govt’s decision to defer stringent EV battery standards
New Delhi: Electric vehicle (EV) players on Wednesday welcomed the government’s decision to defer the implementation of stringent EV battery testing standards, saying it will help Indian battery makers redesign batteries and…
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Tesla countersues US civil rights agency that accused it of racial bias
San Francisco: Elon Musk-run Tesla has countersued California Civil Rights Department (CRD), that alleged racial bias at the electric car-maker’s US factory in a lawsuit. Tesla alleged in its countersuit, filed in…
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Cars should get in-build tech to tame drunk drivers, says US safety board
San Francisco: The National Transportation Safety Board (NTSB) in the US has asked the government to tell automakers to install alcohol impairment detection systems in all new vehicles to detect drunk or…
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Ford India finalises severance package with workers at Chennai plant
Chennai: Ford India Private Ltd, which is shutting down its plant near here, has arrived at a final severance package settlement with the workers union, the company said on Wednesday. According to…
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GM threatens Tesla, to enter mass EV market with $30K SUV
New York: Taking on Elon Musk-run Tesla, Automaker GM has announced a mass-market electric car that will cost just $30,000. Called the 2024 Chevrolet Equinox EV, the car will have an estimated…
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Jeep enters EV market, to introduce 4 all-electric SUVs by 2025
New Delhi: The Jeep brand, owned by Stellantis, on Thursday announced to introduce four new all-electric SUVs in North America and Europe by the end of 2025. Jeep showed the first images…
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Maruti Suzuki to spread awareness about safety aspects
Kolkata: Country’s largest car maker Maruti Suzuki will spread awareness about the safety features and address the issues also through its driving schools, a senior company official said on Wednesday. After the…
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EV maker Ather Energy reportedly raising up to $250 mn to march past rivals
New Delhi: Electric scooter manufacturer Ather Energy is reportedly raising up to $250 million in a new funding round, as the debate on EV fires appears to be finally settling with no…
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Global EV powertrain systems market to reach $107 bn by 2029
New Delhi: As more countries adopt electric vehicles (EVs), the EV powertrain systems Market is set to reach $107 billion by 2029, according to a new industry report. The EV production will…
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Hyundai, Kia global sales rise in August despite chip shortage
Seoul: Hyundai Motor, South Korea’s biggest carmaker, said on Thursday that its sales rose 12 percent in August from a year earlier despite an extended chip shortage. Its subsidiary Kia’s sales also…
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Tesla quietly develops virtual power plant in Japan
Tokyo: Electric car maker Tesla is quietly developing a virtual power plant in Japan as it has revealed that since 2021, it has been quietly installing its Powerwall batteries at residences on…
