Auto Industry News
Renault-Nissan Fights Court Battle With Indian Workers On Operations During COVID-19 Surge
Renault-Nissan India and workers at its plant in Tamil Nadu have been locked in a legal tussle after workers petitioned a court to halt operations because social distancing norms were being flouted.
Daimler Truck AG and CATL Expand Global Partnership For Joint Development Of Batteries
May 23, 2021 09:49 PM
CATL will be the supplier of lithium-ion battery packs for the Mercedes-Benz eActros LongHaul battery-electric truck, which is planned to be ready for series production in 2024.
BMW X5 Plug-in Hybrid To Use New Pirelli Tyres Containing FSC-certified Natural Rubber And Rayon
May 23, 2021 08:28 PM
The company will source 22-inch tyres in the first instance exclusively from Pirelli and, from August of this year, will use them in the BMW X5 xDrive45e Plug-in-Hybrid.
BMW Startup Garage China Opens Joint Innovation Base With Alibaba Cloud In Shanghai
May 23, 2021 08:06 PM
With this project, BMW and Alibaba will harness their respective strengths and resources in order to empower Chinese tech startups for scaling up their innovations.
India's Crude Imports Stall In April As Virus Stifles Demand
May 23, 2021 07:05 PM
India's top state oil refiners reduced processing runs and crude imports in April as the pandemic took a toll on fuel consumption, leading to higher product stockpiles at the plants.
Indian Refiners Process Less Crude In April As Pandemic Stalls Activity
May 23, 2021 06:40 PM
The country's biggest refiner, Indian Oil Corp has reduced crude processing to average at 84% of overall capacity from 96% in April.
Petrol, Diesel Prices Hiked Again; Petrol Inches Closer To Rs. 100/Litre Mark In Mumbai
May 23, 2021 05:10 PM
Petrol rates in Delhi have now touched Rs. 93.21 per litre, while diesel retails at Rs. 84.07 per litre. In Mumbai, petrol price is inching towards Rs. 100 per litre mark, currently standing at Rs. 99.49 per litre.
Magenta EV Solutions Raises Rs. 125 Crore In Series A Round Of Funding
May 23, 2021 01:31 AM
The fresh investment includes Rs. 120 core from entrepreneur Dr Kiran Patel, as well as an additional funding from JITO Angel Network to the tune of Rs. 5 crore.
COVID-19: Mahindra Extends Warranty And Free Service Period Till July 31, 2021
May 23, 2021 12:08 AM
Mahindra has announced that it will extend warranty and free services for its entire range of vehicles till July 31, 2021. This applies to owners whose warranty and scheduled services were expiring between April-May 2021.