Auto Industry News
Sports Car Maker Lotus's Tech Arm Valued At $4.5 Billion In Fundraising
Lotus Technology had completed a fundraising that valued the business at nearly $4.5 billion.
Marriage Hall Leaves Anand Mahindra Impressed, Here’s Why
Sep 25, 2022 07:00 PM
Anand Mahindra applauded the creativity behind the mobile marriage hall, which featured a foldable design.
Automakers Tackle Patent Hurdle In Quest For In-Car Tech
Sep 25, 2022 06:23 PM
Over a dozen automakers have signed up with a platform for patent licences from 51 tech companies, aiming to simplify access to wireless technology and avoid costly legal battles.
India Road Ministry Issues Draft Rules For Mandatory Rear Seat Belt Alarms
Sep 25, 2022 06:18 PM
India's road transport ministry has issued draft rules to make it mandatory for car makers to install alarm system for rear seat belts.
Chipmaker Nvidia Launches New System For Autonomous Driving
Sep 25, 2022 05:41 PM
Nvidia unveiled its new computing platform called DRIVE Thor that would centralize autonomous and assisted driving as well as other digital functions including in-car entertainment.
Toyota Permanently Ceases Manufacturing In Russia
Sep 24, 2022 11:02 PM
Toyota's plant in Russia was initially shut down in March amid the Russia-Ukraine war, and now Toyota has announced that the plant won't be reopened.
Ford Kicks Off Construction Of Its Largest Manufacturing Facility Ever
Sep 24, 2022 10:07 PM
The new facility will be called BlueOval City, and is located in Tennessee, USA.
Delhi Senior Citizen Gets Response From MoRTH For Exemption From Old Vehicle Ban
Sep 24, 2022 07:59 PM
69-year old Tejinder Bedi started a petition in February asking for an exemption for senior citizens from the ban in Delhi-NCR on 10-year old diesel and 15-year old petrol vehicles.
Oil Plunges To Eight-Month Low On Strong Dollar, Recession Fears
Sep 24, 2022 06:09 PM
Oil prices plunged about 5% to an eight-month low as the U.S. dollar hit its strongest level in more than two decades.
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