Auto Industry News

Thailand Approves Tax Breaks For EVs, 'High Potential' Foreigners
Thailand's cabinet on Tuesday approved tax incentives to promote a shift to electric vehicles (EVs), and to attract "high potential" foreigners to help boost the economy, the finance minister said.

Motional, Via To Start Robo-Taxi Service In Las Vegas
Feb 25, 2022 07:21 PM
Motional is one of several autonomous driving technology companies pushing to start revenue-generating services in the United States using driverless vehicles over the next one to two years.

Exclusive: New Maruti Baleno Gears Up For Big Exports Badged As Toyota Starlet And Toyota Glanza
Feb 25, 2022 06:15 PM
While the first generation Maruti Suzuki Baleno was also cross-badged as the Toyota Glanza and Starlet for a few markets, the second gen will now primarily be sold as a Toyota model only. Very few markets will get it as the Suzuki Baleno.

Bosch To Invest Additional 250 Million Euros In Chip Production Capacity
Feb 25, 2022 04:20 PM
Bosch says, the largest part of that budget was allocated to expanding its 1-billion-euro Dresden factory producing 300-millimeter wafers, which the group inaugurated in June.

E-Bike Startup Zoomo Raises Extra $20 Million For European Expansion
Feb 25, 2022 04:07 PM
Zoomo designs electric bikes for gig workers delivering food and groceries for a monthly fee, or to large fleets providing bikes to employees. The latest round included investments from venture capital firm Collaborative Fund and trading firm Akuna Capital.

Jeep Will Not Bring A Sub-4 Metre SUV To India
Feb 24, 2022 05:32 PM
Jeep plans to bring several new products to India and we already know that the Meridian and the Grand Cherokee are part of the lot. However, the company is no longer considering a sub 4-metre SUV for India.

2022 MINI Electric India Launch Highlights: Price, Features, Specifications, Images
Feb 24, 2022 07:18 PM
The 3-Door MINI Electric, which is also called the MINI Cooper SE in some markets, is the second electric vehicle from BMW Group India after the BMW iX.

Russia's Top Carmaker Avtovaz Looks To Secure Chip Supplies Amid Sanctions Threat
Feb 23, 2022 08:29 PM
The White House has told the U.S. chip industry to be ready for new restrictions on exports to Russia if Moscow attacks Ukraine, including potentially blocking Russia's access to global electronics supplies.

Mercedes-Benz Foresees EV-Only Production Lines Within A Few Years
Feb 23, 2022 06:34 PM
Mercedes-Benz foresees some of its production lines within factories switching fully to electric even sooner, production chief Joerg Burzer said in an interview with Reuters.

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