Auto Industry News

Tesla CEO Musk delivered the company's first heavy-duty Semi to PepsiCo without offering updated forecasts for the truck's pricing, production plans or how much cargo it could haul.

Mizoram, Bihar and Punjab report highest degree of accident severity in the country with over 75 deaths per 100 accidents.

The company's automotive efforts, known as Project Titan, have proceeded unevenly since 2014, when it first started to design a vehicle from scratch.

This comes in addition to a previously announced 4,000 yuan insurance subsidy, but is only applicable for customers buying a current car model and completing delivery by the end of December.

MoRTH has now amended Chapter III of Central Motor Vehicle Rules, 1989 to build a comprehensive regulatory ecosystem for the pre-owned car market.

According to the latest report shared by the Ministry of Road, Transport and Highways, the highest number of accidents recorded in 2021 involved vehicles that are less than five years old.

Accident data from 2021 revealed that 2.95 lakh reported cases of accidents and 1.07 lakh fatalities were caused due to overspeeding. Other road factors remained the second biggest cause followed by wrong-side driving.

The carmaker is targeting margin parity between electric and combustion engine cars in next 2-3 years