Auto Industry Reviews
Vedanta To Create $10 Billion Fund To Bid For BPCL Stake, Other Assets
Vedanta plans to create a $10 billion fund to bid for assets including the Indian government's stake in Bharat Petroleum Corp Ltd (BPCL).
Hyundai Motor Partners With Quantum Computer Firm IonQ For Battery Development
Jan 22, 2022 05:18 PM
The partnership will create a battery chemistry model to simulate the structure and energy of lithium oxide, to help improve the performance, costs, and safety of lithium batteries, IonQ said.
China's Industry Ministry Expects Tight Chip Supply For Relatively Long Period
Jan 22, 2022 04:49 PM
China encourages key domestic enterprises to increase investment and promote better supply capacity of the entire chip industry chain.
Mitsubishi Says Chip Shortage May Continue To Hit Mexican Output In H1: Report
Jan 22, 2022 04:25 PM
Held back by the chip shortages, auto output in Mexico fell by 2% in 2021 from the previous year, the fourth consecutive annual decline.
GM To Deliver Electric SUV Cadillac Lyriq To Customers In 'Few Months'
Jan 22, 2022 04:12 PM
Lyriq, an all-electric mid-size SUV, was unveiled by GM in August 2020 in a move to transform its traditional combustion engine lineup to an electric one.
China State Planner Says To Gradually Remove Curbs On NEV purchases
Jan 22, 2022 04:01 PM
China has in recent years heavily promoted NEVs as part of its efforts to curb air pollution and has seen sales surge.
China Expects To Meet Charging Demand Of 20 Million-Plus EVs By End Of 2025
Jan 22, 2022 03:55 PM
China expects to meet charging demand for more than 20 million electric vehicles by the end of 2025.
Geely, Renault Formally Agree On Cooperation In South Korea
Jan 22, 2022 03:44 PM
The new vehicles, based on Geely's compact vehicle architecture as well as its hybrid powertrain and other technologies, will be produced at the Renault-Samsung facility in Busan with production forecast to begin in 2024.
Tata's Shailesh Chandra Is A Finalist For 2022 World Car Person Of The Year
Jan 22, 2022 02:18 AM
The prestigious World Car Awards have a Person of the Year category, an award that is also voted on by its worldwide jury. For the second year running, Tata Motors finds one of its own in the nominee shortlist, as Shailesh Chandra is named as a finalist.