Auto Industry News

Data from Germany showed the largest upward leap in retail conditions since German reunification more than three decades ago, stoking expectations European fuel demand will recover.

MG Motor India is likely to launch a new affordable electric vehicle in the country over the next two years, which would be priced under Rs. 20 lakh.

The BharatBenz buses will get hands-free doors, sanitisers, and temperature sensors, which the company says will help revive the demand for passenger buses.

Earlier this year New Delhi repeatedly blamed oil output cuts by Saudi Arabia and other major producers for driving up crude prices as its economy tries to recover from the pandemic.

Petrol and diesel prices have touched all-time highs across the country. In Anuppur district of Madhya Pradesh, petrol and diesel have crossed Rs. 109-mark and Rs. 100-mark. Currently, petrol is priced at Rs. 109.29 a litre while diesel stood at Rs. 100.02 a litre.

Under this significant new order, Protean Electric will deliver thousands of its ProteanDrive in-wheel motors (IWMs) to power Local Motors' Olli 2.0 electric autonomous shuttles, accelerating the rollout of the state-of-the-art vehicles around the world.

The Indian government has decided to further extend the second phase of the FAME India scheme for two years till March 2024.

Volkswagen will stop selling combustion engines cars in Europe by 2035 as it shifts to electric vehicles. However, in the United States and China it will happen somewhat later.