Auto Industry News
Wolfspeed Plans Multi-Billion Dollar Chip Factory In Germany - Report
Wolfspeed is reportedly planning to build a chip factory in Germany for more than 2 billion euros ($2.17 billion).
Honda Activa 6G ‘H-Smart’ Variant Launch Today: What To Expect
Jan 23, 2023 02:43 PM
Honda Motorcycle & Scooter India will launch a new ‘Smart’ variant of the Activa 6G on January 23, 2023.
Bollywood Actor Sushmita Sen Brings Home A Mercedes-AMG GLE 53 Coupé Worth Over Rs. 1.63 Crore
Jan 22, 2023 09:23 PM
Under the hood of Sushmita Sen's latest AMG is a 3.0-litre inline-six cylinder twin-turbo petrol engine, which puts out 429 bhp and 520 Nm torque.
China's BYD Takes Cautious Approach To U.S. In Global EV Push
Jan 22, 2023 05:46 PM
Chinese EV giant BYD is embarking on a rapid global expansion to challenge Tesla, but for now it's stuck in the slow lane on its rival's home turf.
Taiwan Fines Foxconn For Unauthorised China Investment
Jan 21, 2023 10:11 PM
Taiwan fined Foxconn T$10 million ($329,088) for making an unauthorised investment in a Chinese chip firm.
Tesla Uses Its Profits As A Weapon In An EV Price War
Jan 21, 2023 10:09 PM
Tesla earns more money for every vehicle it sells than any of its global rivals.
Tesla's Price Cuts Promise More Pain For Money-Losing U.S. EV Startups
Jan 21, 2023 10:07 PM
A price war in electric vehicles started by Tesla has made it much more difficult for U.S. startups like Rivian and Lucid to grab share in an industry competing for shrinking consumer wallets.
Unions Press Biden Administration To Not Change EV Tax Credit Rules
Jan 21, 2023 10:04 PM
Major unions and public interest and environmental groups are urging President Joe Biden to reject efforts by the European Union and other foreign governments to revise U.S. electric vehicle tax incentives.
GM, LG Energy Drop Plan For Fourth U.S JV Battery Plant
Jan 21, 2023 09:53 PM
General Motors Co and LG Energy Solution have dropped the plans for a fourth battery call manufacturing plant in the U.S.
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