Auto Industry News
Toyota Innova HyCross Launched In India; Prices Start At Rs. 18.30 Lakh
The non-hybrid variants of the HyCross are priced between Rs. 18.30 lakh to Rs. 19.20 lakh (Ex-showroom), while the self-charging hybrid electric variants are priced starting from Rs. 24.01 lakh (Ex-showroom).
Tesla To Run Reduced Output In Shanghai In January, Plan Shows
Dec 28, 2022 03:24 PM
Tesla will run production for 17 days in January between Jan. 3 to Jan. 19 and will stop electric vehicle output from Jan. 20 to Jan. 31 for an extended break for Chinese New Year
Oil Prices Climb On Easing China COVID-19 Curbs, Concerns Over U.S. Storm Impact
Dec 28, 2022 03:24 PM
Oil prices rose to three-week highs on Tuesday as China's latest easing of COVID-19 restrictions raised fuel demand hopes and concerns that winter storms across the United States are affecting energy production
Uber, Motional Launch Robotaxi Service In Las Vegas
Dec 28, 2022 03:24 PM
The launch is part of a non-exclusive 10-year agreement between both the companies for driverless vehicles, with a rollout in Los Angeles expected to follow.
Tesla To Shorten Shanghai Shifts, Delay Hiring - Report
Dec 28, 2022 03:24 PM
Tesla's Shanghai plant is grappling with elevated inventory levels amid slowing demand in China's auto market.
German Car Giants And Asian Battery Kings: A Match Made In Hungary
Dec 28, 2022 03:24 PM
Investment in the Hungarian auto industry is being dominated by three countries - Germany, a champion carmaker, plus China and South Korea, EV battery leaders way ahead of European rivals.
U.S. Lawmakers Want Buttigieg To Speed Deployment Of Connected Vehicles
Dec 28, 2022 03:24 PM
The lawmakers were critical of the Federal Communications Commission (FCC), which in 2020 shifted much of a key spectrum block set aside for auto safety to accommodate the burgeoning number of wireless devices.
Foxconn Fine For Unauthorised China Investment Likely To Be Imposed Soon - Report
Dec 28, 2022 03:24 PM
A person familiar with the situation told Reuters that the Economy Ministry would contact Foxconn on Monday to confirm the equity sale.
Indonesia Considers $320 Million In Incentives To Boost EV Sales In 2023
Dec 28, 2022 03:24 PM
Indonesia targets 20% of overall car sales in 2025 to be EVs
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