Auto Industry News
EU Summit To Agree Sanctions Should Include Russian Oil Embargo With Pipeline Exemption - Draft
But, unable to agree on all the details of the oil embargo, the leaders will leave the final agreement on the package for later.
India's Fuel Demand Jumps 24% Year-On-Year In May: Report
Jun 11, 2022 09:28 PM
Consumption of fuel, a proxy for oil demand, totalled 18.27 million tonnes last month, according to data from the Indian oil ministry's Petroleum Planning and Analysis Cell.
US Proposes Standards For Fast Electric Vehicle Charging Projects: Report
Jun 11, 2022 08:36 PM
The rules would require government-funded EV charging stations to use DC Fast Chargers and have at least four ports capable of simultaneously charging four EVs and each must be at or above 150 kW
Denso May Consider Spinning Off Chip Business: Report
Jun 11, 2022 08:29 PM
Denso's CTO, Yoshifumi Kato said last week that the company expected demand for auto chips to be about a third higher by 2025 than it was in 2020, as the key component was increasingly used in fossil-fuel cars, electric vehicles and autonomous drive technology.
Tesla To Seek Investor Approval For 3-For-1 Stock Split: Report
Jun 11, 2022 08:23 PM
Shareholders will vote on Tesla's proposed stock split on August 4, 2022. If approved, it would be the company's first such action after a five-for-one split in August 2020.
Tips To Improve Your Car's Fuel Economy
Jun 11, 2022 12:16 AM
Amidst the rising fuel price, don't all of us look for ways to pump out more from our car's fuel economy? Check out these tried and tested tips to improve your car's fuel economy!
SIAM: Domestic Passenger Vehicle Sales Grow 185% in May 2022
Jun 10, 2022 11:10 PM
Passenger vehicle and 2-wheeler sales posted strong year-on-year growth though SIAM says numbers were still below the pre-pandemic highs.
Tyre Exports Grow 50% in FY2022; Touch Rs. 21,178 Crore
Jun 10, 2022 11:02 PM
Based on data released by the Ministry of Commerce tyre exports grew from Rs.14,101 crore in FY2021 to Rs. 21,178 in the last financial year.
Chinese EV Maker Nio To Make Self-Developed Battery Packs From 2024
Jun 10, 2022 07:29 PM
Nio said that it will start making high-voltage battery packs that it has developed itself in 2024, as part of a drive to improve profitability and competitiveness to take on rivals such as Tesla.