During Lucid’s first-quarter earnings call, CEO Peter Rawlinson confirmed a new high-volume, mid-size model is coming.
Source: caranddriver.com
Tesla works to repair damaged relations with Europe leasing firms
LONDON -- Tesla is working to appease some European leasing companies after the automaker's repeated retail price cuts tanked their fleets' value and its slow service and expensive repairs alienated their corporate customers. The efforts include unofficial discounts on purchases of new cars if they are in stock and efforts to address widespread service, repair and ordering complaints after years … [Read More...]
Tata Motors group hikes investment outlay to INR 43,000 cr for FY25
Source : PTI | Tata Motors group has raised its investment outlay for FY25 to INR 43,000 crore for new products and technologies, with its British arm Jaguar Land Rover absorbing the maximum share, according to a senior company official. In FY24, Tata Motors group had given a guidance of 3 billion pound investment for Jaguar Land Rover (about INR 30,000 crore) and INR 8,000 crore for Tata Motors — … [Read More...]
India on mission to become world’s leading producer of critical minerals: Hindustan Zinc Chairperson
Source : PTI | India is on a mission to become the world’s leading and the most sustainable producer of critical minerals, Vedanta group firm Hindustan Zinc’s Chairperson Priya Agarwal Hebbar has said. Critical minerals, such as cobalt, copper, lithium, nickel and rare earths, play a crucial role in the production of clean energy technologies, from wind turbines to electric cars. Critical minerals … [Read More...]
Attero to invest INR 8,300 crore in capacity expansion over next five years
Source : PTI | Electronic waste and battery recycling company Attero plans to invest around INR 8,300 crore in the next five years to ramp up its capacity, the company’s CEO and Co-Founder Nitin Gupta said. At present, the company has the capacity to recycle up to 1,44,000 tonnes of electronic waste (e-waste) and 15,000 tonnes of lithium-ion battery annually. “In the next five years, we will … [Read More...]
Decrease in road accident fatalities in Delhi till May 15: Data shows
Source : PTI | New Delhi: Slight decrease in road accident fatalities has been witnessed in Delhi in the first five months of this year, according to the data released by the Delhi Police. The data stated that up till May 15, a total of 518 people lost their lives in 511 accidents. This marks a decrease from the 552 deaths recorded in 544 crashes during the same period last year. “We have … [Read More...]
GM, LG agree on $150 million relief for Chevy Bolt EV owners over faulty batteries
(Reuters) – General Motors and South Korea’s LG Energy Solution, LG Electronics reached a settlement to establish a $150 million fund to provide relief to Chevrolet Bolt EV owners affected by defective batteries, documents filed in a U.S. court on Thursday showed. General Motors first launched Chevrolet Bolt EVs in 2015, and used batteries made by LG entities as part of a business arrangement with … [Read More...]
TVS Motor unveils iQube with 2.2-kwh battery, starts delivery of ST variant
By: HT Auto Desk | Updated on: 20 May 2024, 12:27 PM Share via: <!--TVS Motor will offer the iQube electric scooters with five variants. The EV maker introduced a new variant with 2.2-kwh battery pack while announcing the start of delivery of its ST variant in Delhi.--> TVS Motor will offer the iQube electric scooters with five variants. The EV maker introduced a new … [Read More...]
Mercedes Benz to launch AMG S63, Maybach GLS 600 this week. What to expect?
By: HT Auto Desk | Updated on: 20 May 2024, 12:17 PM Share via: <!--Mercedes Benz India has confirmed that it will introduce both the cars on May 22. The Maybach GLS 600 will come with subtle updates while the AMG S63 will return to India in a new avatar.--> Mercedes Benz India has confirmed that it will introduce both the cars on May 22. The Maybach GLS 600 will come … [Read More...]
This Steelbird helmet comes with bluetooth calling & navigation. Check details
By: HT Auto Desk | Updated on: 20 May 2024, 11:59 AM Share via: <!--The Steelbird Fighter range of helmets is available in three sizes: medium (580mm), large (600mm), and XL (620mm). This new helmet line features a nose protector and includes vents in the mouth guard to ensure efficient airflow and optimal breathability.--> The Steelbird Fighter range of helmets is … [Read More...]
Fiat cars seized by Italian government over flag
The Topolino microcars allegedly violate the Made in Italy law for having the national flag on them when they are assembled in Morocco. Source: autonews.com … [Read More...]