Auto Industry News

With the notable exception of Sweden's Northvolt, some startups hoping to build so-called gigafactories to compete with the Asian behemoths are going for smaller plants, with the aim of attracting more investment further down the line.

India's Ministry of Corporate Affairs started the probe after an analysis of MG Motor India's statements indicated suspicious related-party transactions, alleged tax evasion, under- and over-invoicing of bills. MG Motor India said it is providing the required records and information to the MCA.

The new Innova Hycross will sit above the current Innova Crysta with a launch set to take place early next year.

The digital platform facilitates the booking of load haulers for interstate, intercity, and intracity services.

Limited to just 50 units, the new 3.0 CSL pays homage to the original E9 3.0 CSL and is a rear-wheel drive manual only track-focused coupe.

The certification applies to the entire range of Li-ion batteries manufactured by the company for electric vehicles.

Toyota Kirloskar Motor has unveiled the Innova HyCross, which will be sold alongside the Innova Crysta diesel next year onwards. The company opened bookings for the new model, with deliveries likely to begin in January 2023.

Shah Rukh Khan is well-known in India and around the world for his extensive collection of luxury real estate. At the same time, King Khan has an extensive collection of luxury automobiles.