Auto Industry News
Investor In Musk's Twitter Buyout Expects To Make Up To Five Times Its Money
One of the biggest investors in Musk's acquisition of Twitter, Aliya Capital Partners LLC, said it expects to make up to five times its money despite the social media company's problems.
TuSimple Plans To Layoff Half Its Workforce Next Week - Report
Dec 28, 2022 03:23 PM
Self driving trucking company TuSimple Holdings Inc plans to potentially cut half of its workforce next week.
Mahindra To Invest $1.2 Billion (Rs. 10,000 Crore) In New EV Plant
Dec 28, 2022 03:23 PM
Mahindra Ltd said it would invest 100 billion rupees ($1.21 billion) to set up an electric vehicle (EV) manufacturing plant near the western city of Pune.
China's CATL To Provide EV Batteries For Honda Starting In 2024
Dec 28, 2022 03:22 PM
CATL would supply batteries for seven years for Honda's electric vehicles in China.
Japan Lawmaker Says TSMC Is Considering Second Plant In Japan
Dec 28, 2022 03:22 PM
A senior Japanese lawmaker said that Taiwan Semiconductor Manufacturing Co is considering building a second plant in Japan.
TVS MotoSoul Biking Festival Returns; Will Be Held On March 3-4
Dec 27, 2022 10:57 PM
The second edition of TVS MotoSoul biking festival is set to return after more than 3 years on March 3 and 4, 2023. The two-day motorcycle and music festival will be held at Hilltop Vagator, Goa and TVS says it will be grander in every aspect.
Tesla To Run Reduced Output In Shanghai In January, Plan Shows
Dec 27, 2022 09:52 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
Top 10 Upcoming Cars In 2023
Dec 27, 2022 09:08 PM
The year 2023 will witness a number of new car launches, and below we have noted down our Top 10 picks of cars that will be arrive in the new year.
Jupiter Electric Mobility To Showcase Electric Commercial Vehicles At Auto Expo 2023
Dec 27, 2022 07:08 PM
The creation of the Electric Mobility arm of Jupiter Wagons Ltd was announced earlier this year.