Technology News

Xiaomi Corp CEO Lei Jun reportedly aims for the company to mass produce its own cars by the first half of 2024. The date marks the next major target for the company's fledgling electric vehicle (EV) division.

This latest round of funding shows that even in a nascent EV market like India, funding is becoming increasingly easy for startups.

Volkswagen AG's top Americas executive said on Tuesday the global semiconductor chip shortage will run well into next year. "Without a doubt, this shortage is going to go well into 2022, at least the second half of '22," Volkswagen Group of America Chief Executive Scott Keogh.

The ADAS tech will be offered with the Sharp(O) or Savvy trim of the MG Astor, which includes three variants. Prices start at Rs. 15.78 lakh, going up to Rs. 17.38 lakh (ex-showroom, Delhi).

Currently, the first car to receive the update is the Volvo XC40 Recharge and this update will also come to the C40 Recharge.

Honda claims that its new system can capture viral aerosols that are as small as 5 microns

Diess has been a huge proponent of electrification and has pushed VW to make an investment of upwards of 80 billion euros

Stellantis has already announced that it will be investing $34.8 billion through 2025, in a bid to transform the group.