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BII will have a 4.8% ownership in the business, which will focus on four-wheel passenger electric vehicles (EVs). The unit will be wholly owned by Mahindra, the company said in a statement.
UK's BII To Invest In New Mahindra EV Unit At $9 Billion Valuation, Shares Soar
Calender
Jul 28, 2022 07:16 PM
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BII will have a 4.8% ownership in the business, which will focus on four-wheel passenger electric vehicles (EVs). The unit will be wholly owned by Mahindra, the company said in a statement.
Indian EV Ride-Hailing Firm BluSmart Close To Raising $250 Million - CEO
Indian EV Ride-Hailing Firm BluSmart Close To Raising $250 Million - CEO
calender
Jul 28, 2022 07:04 PM
BluSmart, which runs an all-electric vehicle (EV) fleet, was expecting to finalise deals with impact funds and private equity investors within the next two months, Anmol Jaggi said.
2022 Hyundai Tucson Level 2 ADAS Features Explained
2022 Hyundai Tucson Level 2 ADAS Features Explained
calender
Dec 18, 2023 02:52 PM
Unlike our usual reviews, this time we were in the passenger seat of the 2022 Hyundai Tucson and not testing out the car's ADAS features but instead experienced it to gain some perspective as a co-passenger.
Global Equities Waver, Oil Falls Amid Recession Fears
Global Equities Waver, Oil Falls Amid Recession Fears
calender
Jul 28, 2022 06:31 PM
The dollar's role as the safe-haven currency for investors concerned about the economic outlook has been burnished in recent weeks, with the U.S. currency roaring to two-decade highs against multiple currencies, while the euro sank to within a whisker of parity with the dollar.
Panasonic Picks Kansas For Tesla EV Battery Plant, State Puts Investment At $4 billion
Panasonic Picks Kansas For Tesla EV Battery Plant, State Puts Investment At $4 billion
calender
Jul 28, 2022 06:23 PM
Japan's Panasonic Energy Co, a major Tesla Inc supplier, said on Wednesday it had selected Kansas as the site for a new battery plant that state officials said would create up to 4,000 jobs with investment of up to $4 billion.
U.S. And Japanese Insurers Back Autonomous Vehicle Firm May Mobility
U.S. And Japanese Insurers Back Autonomous Vehicle Firm May Mobility
calender
Jul 28, 2022 06:15 PM
The funding will allow May Mobility to continue work with Toyota Motor Corp on self-driving people movers, May Mobility said in a statement. May said it is aiming to take human drivers out of vehicles in commercial operation by next year.
Apple Eyes Fuel Purchases From Dashboard As It Revs Up Car Software
Apple Eyes Fuel Purchases From Dashboard As It Revs Up Car Software
calender
Jul 28, 2022 06:15 PM
A new feature quietly unveiled at Apple's developer conference this month will allow CarPlay users to tap an app to navigate to a pump and buy gas straight from a screen in the car, skipping the usual process of inserting or tapping a credit card.
Mahindra Open To Investing In EV Battery Cell Maker To Secure Supplies - CEO
Mahindra Open To Investing In EV Battery Cell Maker To Secure Supplies - CEO
calender
Jul 28, 2022 06:01 PM
India's Mahindra & Mahindra could consider investing in a battery-cell company to meet future electrification needs, its CEO said, after the company raised funds for its new electric vehicle (EV) unit at a $9.1 billion valuation.
How China Became Ground Zero For The Auto Chip Shortage
How China Became Ground Zero For The Auto Chip Shortage
calender
Jul 28, 2022 05:15 PM
Pang has bought 62,000 microcontrollers, chips that help control a range of functions from car engines and transmissions to electric vehicle power systems and charging, which cost the original buyer $23.80 each in Germany.