Auto Industry News

A report by technology research and consulting company Gartner said that chip shortage coupled with trends such as electrification and autonomy will drive 50 per cent of the top 10 automotive original equipment manufacturers (OEMs) to design their own chips.

Bollywood movies have often shown us gravity-defying and fear-inducing car chases. Heres taking a look at some of the popular ones.

Under the new MoU, Mahindra and Jio-bp will explore creating solutions on battery swapping technology for electric vehicles, and work on business models like Mobility as a Service (MaaS) and Battery as a Service (BaaS).

Hyundai will launch affordable and premium electric models including sport utility vehicles (SUVs) and sedans, starting with its first electric vehicle (EV) in 2022

Tesla Inc is replacing repeater cameras in several hundred Model S, X and 3 vehicles made in the United States due to faulty circuit boards inside.

The first plant is under construction with annual capacity of 1 million units. The company will invest Rs. 2,500 crore to build the second plant in 600 acres of land.

In November's India's overall auto retail sales stood at 18,17,600 units, a marginal 2.7 per cent YoY decline. However, the passenger vehicle segment saw 2,40,234 new registrations, witnessing a decline of nearly 20 per cent, as chip shortage continues to plague the industry.

India's second largest carmaker, Hyundai Motor will invest approximately Rs. 4000 crore to bring us 6 EVs (electric vehicles) across different segments and price points. This includes localising global E-GMP electric platform for India. First new EV in 2022.