Auto Industry
car&bike Team
Dec 1, 2021, 2:42 AM
The Centre amended the Motor Vehicle Act to add cash incentives and identity protection for Good Samaritans that help road accident victims. However, the states are yet to implement the same.
1 Min
Seshan Vijayraghvan | Dec 1, 2021Maruti Suzuki Eeco Non-Cargo Variants Get Dual Airbag As Standard; Prices Hiked By Rs. 8000Maruti Suzuki India has added a passenger-side airbag as a standard fitment in all the non-cargo variants of the Eeco. With the introduction of the new safety feature, the company has also increased the price of the Maruti Suzuki Eeco by Rs. 8,000.1 min read
Reuters | Dec 1, 2021Auto Executives Expect EVs Will Own Half Of U.S., China Markets By 2030: ReportThe KPMG survey of auto industry executives found that they believe that electric vehicles will account for 52% of sales by 2030 in the United States, China and Japan, with lower percentages for Western Europe, Brazil and India.1 min read
Sameer Contractor | Dec 1, 2021Vehicle Care To Expand Network To 400 Service Outlets, Focus On Tier II And III MarketsVehicle Care says its services are more cost-competitive compared to a traditional OEM service centre by a good 40 per cent. The start-up is now laying the groundwork for the next big demand from Tier II and III markets.1 min read
car&bike Team | Dec 1, 2021German Parties Agree On 2030 Coal Phase-Out In Coalition Talks: ReportGermany's Social Democrats (SPD), Greens and Free Democrats, who are negotiating to form a new government, have agreed to commit to a coal phase-out by 2030 in a coalition deal, sources involved in the talks told Reuters.1 min read
car&bike Team | Dec 1, 2021China's ZPC Studies Crude To Petrochemical Technology To Cut CarbonPrivately-controlled Zhejiang Petrochemical Corp (ZPC), China's single-largest refiner and petrochemical producer, is exploring new technologies such as direct processing of crude into olefins to cut carbon emissions, a company executive said on Wednesday.1 min read
Reuters | Dec 1, 2021LG Energy Solution Gets Preliminary Approval For IPOIn October, the wholly owned subsidiary of LG Chem Ltd resumed work on its IPO, which was suspended in August due to a lack of clarity regarding the recall costs involving GM's Bolt electric vehicles.1 min read
Reuters | Dec 1, 2021Volvo Cars Sees Chip Shortage Extending Into 2022, Q3 Profit DipsVolvo said preliminary sales volumes were around 52,000 cars in November, down year-on-year due to lower production and a build-up of in-transit inventory.1 min read
Reuters | Dec 1, 2021Sinopec Signs China's Largest Long-Term LNG Contract With U.S. FirmThe deal is the largest LNG long-term contract signed between Chinese and U.S. companies, Venture Global said in a statement.1 min read
