Automobile
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Ashok Leyland adds 2 s to ‘Dost’ range
Chennai: Commercial vehicle-maker Ashok Leyland on Monday launched BADA DOST i1 and i2 and its limited edition, adding to the range of BADA DOST vehicles. The flagship company of the Hinduja group…
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PM to lay stone of Maruti Suzuki’s third plant in Haryana
Chandigarh: Prime Minister Narendra Modi will virtually lay the foundation stone of Maruti Suzuki’s third plant at Industrial Model Township (IMT) in Kharkhoda in Sonipat in Haryana on Sunday. Chief Minister Manohar…
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Hyundai Motor chief visits US amid new EV tax break law
Seoul: Hyundai Motor said on Wednesday that its Chairman Chung Euisun was visiting the US amid growing concerns over a new law excluding electric vehicles (EVs) built outside the country from tax…
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Ford confirms to layoff 3,000 staff in US, India: Report
San Francisco: The US-based car maker Ford Motor has reportedly confirmed that it is laying off roughly 3,000 employees and contract workers, with the cuts primarily affecting staff in the US, Canada…
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Only 1% Indians plan to buy e-scooters in next 6 months, safety top concern
New Delhi: As the government probes multiple fires in electric two-wheelers, only 1 percent household consumers plan to buy an e-scooter in the next six months amid safety and performance concerns, a…
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Tata Motors to supply 921 electric buses to BMTC
Bengaluru: Tata Motors on Thursday bagged an order to supply 921 electric buses to the Bengaluru Metropolitan Transport Corporation (BMTC). Tata Motors will supply, operate and maintain the 12-metre Tata Starbus for…
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Tesla issues rare public denial on legal head quitting
New Delhi: Tesla on Thursday released a rare public comment on a media report that claimed that David Searle, head of legal, had left the electric car maker Taking to Twitter, Elon…
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Bhavish Aggarwal unveils Ola electric car with 500 km range
New Delhi: Ola Founder and CEO Bhavish Aggarwal on Monday shifted gears and entered a new territory by showcasing a homegrown electric car that will arrive in the country by 2024. Aggarwal…
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Tesla surpasses 3 mn car production mark: Elon Musk
New Delhi: Elon Musk has announced that his electric car company Tesla surpassed the milestone of producing 3 million vehicles. Tesla cars have so far achieved over 40 million miles and the…
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Hyundai to spend $424 mn to build AI research centre in US
Seoul: Hyundai Motor said on Friday it will spend $424 million to build an artificial intelligence (AI) research centre in the US to bolster its edge in robotics technology, an area it…
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US startup Autonomy buys EVs worth $143 mn from Hyundai, Kia
Seoul: US electric vehicle subscription company Autonomy will buy 3,140 EVs from Hyundai Motor and its affiliate Kia to strengthen its fleet lineup. Autonomy has placed an official order to receive 1,640…
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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…
