Didi is in talks with state-backed Sinomach Automobile to buy a third of its electric-vehicle unit, two sources said, signalling the ride-hailer's regulatory troubles are in the rear view mirror as it focuses on growth.
Faraday Future Intelligent Electric will be able to launch its FF91 luxury vehicle without the need for additional funding, Chief Executive Officer Carsten Breitfeld said.
Ola Electric has launched its MoveOS 2 operating software for over 50,000 Ola S1 Pro electric scooter users as an over the air update, unlocking more features.
The U.S. Transportation Department (USDOT) on Thursday proposed minimum standards and requirements for electric vehicle (EV) charging projects funded under a $5 billion government program.
Apple Inc announced it would more deeply integrate its software into the core driving systems of cars, while the iPhone maker rolled out a slew of features for payments and business collaboration and a pair of new laptops.
A federal judge gave a Black former elevator operator at Tesla Inc two weeks to decide whether to accept $15 million in damages over racial abuse at the electric car company, far below the $137 million a jury had awarded.
Apple Inc wants to power the dashboard of your next car, but first it must convince automakers they will not end up surrendering future profits to the iPhone company like the makers of flip-phone handsets.
Waymo Via, the self-driving trucking unit of Alphabet Inc, and Uber Technology Inc's Freight business said they signed a long-term strategic partnership that would allow future customers to deploy autonomous trucks more efficiently.
A persistent industry-wide shortage of chips has disrupted production in the automotive and electronics industries, in particular, forcing some firms to scale back production.
UMC, which has already been producing semiconductors in the country for more than 20 years, said the new factory would produce 22 and 28 nanometre chips.
Kia Motors entered India with the Seltos compact SUV and the model has hit the jackpot with over 80,000 bookings since launch. The carmaker has its hands full with the strong domestic and export demand for the SUV and the model has helped Kia establish itself as the fifth-largest auto manufacturer in India. However, the Seltos still has a lot to offer it seems and the model will soon have an electric derivative. According to a recent report, the Kia Seltos Electric is currently under development and will make its way to the market in 2020.
Volkswagen will be launching 34 new models worldwide in 2020 and this includes 12 SUVs and 8 electric or hybrid vehicles. There's heavy concentration on SUVs for the brand across the world and in an interview with carandbike Volkswagen India's Director, Steffen Knapp, said that the company plans to SUV-ise the VW brand in India and 4 SUVs will hit the market in the next 2 years. The fact remains that SUVs have brought in the moolah for the company and VW is latching onto that trend. Well of course, it is also investing heavily in electric and hybrid technology, and the products will roll out next year.
The Delhi government released the latest draft of the Delhi Electric Vehicle Policy 2019 earlier this week and the policy promises a number of subsidies, incentives, and support for the EV industry to grow in the national capital. The government says that the draft has been prepared after taking into considerations suggestions from different stakeholders and offers subsidies across electric two, three and four-wheelers, along with support for developing the necessary charging infrastructure. The policy aims to bring 25 per cent of the total number of new vehicle registrations to 'Electric Only' by 2025. In addition, the road tax and registration for EVs will be waived off for the early adopters as part of the policy. Given the promising Delhi EV Policy, the auto industry seeing it as a big push for the EV sector to grow. Here's how the industry reacted to the new policy.
Tesla surprised Wall Street in October by registering a profitable third quarter with a total revenue of $6.3 billion riding on sales of its Model S, Model X and Model 3 electric cars.
The aim was to create an inviting space where customers could sit, relax and enjoy the in-car entertainment or focusing on work in a laid-back setting.
If you are patient enough then you can get that perfect bike you always wanted in the used vehicle market, and also, save yourself a lot of money along the way. Here, we have listed down some key things you need to check when buying a used motorcycle.
Over 15,000 employees will be covered under this initiative and the drive will cover two shots of the vaccine for all employees in phases, as per the guidelines prescribed by the Government.
Following the rumours about Mahindra planning to discontinue the Marazzo MPV and KUV100 tallboy hatchback in India, the company has now confirmed that it has no plan to discontinue the two model in India.
South Korea's Hyundai Motor Group said on Thursday it planned to invest $7.4 billion in the United States by 2025 to produce electric vehicles, upgrade production facilities and further its investment in smart mobility solutions.
UnitedByBlood has launched OxyTaxi for the residents of Delhi who are facing problems in reaching the refilling stations and will be delivering oxygen cylinders at their doorstep without any delivery charges.
