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Assisted driving systems struggle with collision tests: Study installed in Tesla Inc, Hyundai Motor Co and Subaru Corp vehicles failed to avoid head-on collisions in testing done by AAA, though Tesla's did slow the vehicle to a walking speed before striking an oncoming, foam model of a car. The AAA, a U.S. consumer and... |
Mahindra Last Mile Mobility sells 40,000 E3Ws in 8 months of FY24 New Delhi: Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Limited, in the 8 months of FY24 sold 40,000 EVs fuelled by the launch of two new products – and e-Alfa Super rickshaw and cargo variants. It continues to dominate the ele... |
Stellantis Ventures to aid ‘Dare Forward 2030’ plan, makes 11 key Investments , the corporate venture fund of N.V., has been formed to support and amplify the execution of Dare Forward 2030 strategic plan. Ten startup companies and one mobility venture fund have been considered so far as its first key investments. Thre... |
both driver behavior risk and external road risk, warning and coaching drivers to reduce distracted driving and prevent collisions in real time while respecting driver privacy. Nauto Cloud and mobile applications help fleet safety and risk managers operate fleets more efficiently, identify and coach at-risk drivers, an... |
driver experience, and a breakthrough highly sustainable lithium-sulfur battery that uses zero nickel, cobalt or manganese, has higher energy density, lower carbon footprint, and enables supply chain independence. Stellantis Ventures will be present at MOVE 2023 on June 21-22 as an exhibitor on booth #36 and a main spe... |
Oil prices rise on strong fuel demand data rose in early Asian trade on Thursday after strong demand for fuels in the US outweighed concerns about the possibility of the world's biggest oil producer and consumer defaulting on its debt. rose by 26 cents, or 0.34 per cent, to USD 76.67 a barrel by 0015 GMT. US crude futu... |
Explore free bus travel for labourers: Arvind Kejriwal New : Chief minister on Wednesday asked the to explore the possibility of providing all registered labourers in the capital free travel in public buses. He also directed officials to explore the possibility of providing subsidised housing to them. In a meeting to r... |
CEA V Anantha Nageswaran pegs medium term India growth at 6.5-7% The Indian economy is likely to grow 6.5-7% in the medium term, buoyed by a revival in the capital formation cycle, chief economic adviser (CEA) said, but warned that a proposed price limit by the West on Russian crude oil would be a matter of concern. Th... |
Passenger vehicles sales gather speed on Dhanteras Sales of cars, sedans and sports utility vehicles went up by nearly a tenth in the two days of , as consumers drove home their dream vehicles this festive season after the low-key celebrations seen the last two years on account of the pandemic. Senior industry executiv... |
appeared slightly out of line with expectations but mostly on account of production challenges related to most sought-after models. The industry though is on track to register record sales this year. "There is a huge order backlog in the industry. It will be a record year for passenger vehicle sales. Only after pending... |
Berkshire Hathaway boosts stake in Occidental Petroleum to 25% Hathaway Inc said on Wednesday it has acquired more shares of , boosting its stake in the oil company to above 25%. The conglomerate, controlled by billionaire , said in a regulatory filing that it paid about USD 122.1 million for 2.14 million shares betwee... |
Mahindra launches Jeeto Strong at a starting price of INR 5.2 Lakh New Delhi: Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra and Mahindra, Wednesday launched “Mahindra Jeeto at INR 5.28 Lakh for diesel and INR 5.55 Lakh for CNG, ex-showroom Pune. Jeeto Strong is made for last-mile cargo transport... |
RBI holds rates, auto retail to stay flat and first time car buyers to defer entry as financing remains expensive New Delhi: The automobile manufacturers are rejoicing in the unprecedented growth of wholesale dispatches from factories last fiscal. Dispatches of vehicles, especially of passenger cars, reached an all-tim... |
price hikes, specially post Covid19, have shrunk the entry level segments in both, two wheelers and cars, besides also having a significant impact on two-wheeler owners willing to upgrade to cars (the first time buyers in many cases). An industry executive said the entry hatchback segment in cars “has shrunk badly as c... |
out that in the recent past, RBI has been worried about retail loan default, in particular credit card leverage. So what is the forecast for auto sales in the new fiscal year? Ramakrishnan said that after Covid19, there was good growth in sales “but that will slow down now as the pent up demand has been fulfilled. Ther... |
Bond yields lower tracking fall in oil prices By Bhakti Tambe Indian government bond yields edged lower on Monday, tracking downward movement in and as long-term investors stepped in due to the absence of major triggers. The benchmark 10-year yield was at 7.3637% as of 10:23 a.m. IST (0454 GMT), after ending at 7.3889%... |
Red Sea shipping pause: Industry sees 30% rise in costs, 2-week delay New Delhi: Industry is bracing for a 30% rise in freight and insurance costs, and delays of around 15 days for consignments to reach Europe, with global shipping majors avoiding the and . Sector watchers said that the alternate route between Europe a... |
G7 coalition to keep Russian oil price cap at USD 60 per barrel The Group of Seven ( ) coalition will keep a USD 60 per barrel price cap on seaborne Russian oil, a coalition official said, despite rising global crude prices and calls by some countries for a lower price cap to restrict Moscow's revenues. The G7 and Aust... |
GST authorities to investigate auto dealers for sending fake invoicing The tax are probing a section of automobile dealers who have supposedly generated fake invoices without providing any service. This move is a punishable offense under goods and services tax ( ) law. The authorities are going to question the car deal... |
Cos boost incentives for SUVs, minivans to stimulate demand Sport utility vehicles (SUVs) and , the two segments with significant sales traction, see a spike in incentives. The minivan segment saw average incentives jump from INR 33,720 in May this year to INR 43,727 in June 2023. The SUV segment, too, saw similar ince... |
portfolio, which includes Creta, Venue, Alcazar, Tucson, Ioniq 5, . "Visibly, our SUVs have been gaining strong momentum and the upcoming launch of Hyundai Exter, we're confident that this positive momentum will not only sustain, said Tarun Garg, chief operating officer ( ), Hyundai Motor India. Notwithstanding the rec... |
Tesla, insurers take different paths to deal with expensive repairs Inc's are expensive to repair - so much so that the automaker and insurers are addressing the issue in sharply different ways. Chief Executive says Tesla is making design and software changes to its vehicles to lower repair costs and insurance premiums... |
up to 30% lower than competitors. During Wednesday's earnings call, Chief Financial Officer Zachary Kirkhorn said at year-end was generating premiums at an annual rate of $300 million and growing at a quarterly clip of 20% - "faster than the growth in our vehicle business." All the Model Ys in the Reuters analysis were... |
EU struggles with Russian oil price cap, talks to resume when positions converge By Jan Strupczewski European Union governments remained split on Thursday over what level to cap at to curb Moscow's ability to pay for its war in Ukraine without causing a global oil supply shock, with more talks possible on Friday if pos... |
Government must review tax structure to keep auto industry on fast lane, says R C Bhargava India needs to re-examine the tax structure on automobiles – which stands highest even among partly-developed nations in the world – if the industry is to attract new buyers and grow in a sustained manner, said R C Bhargava, chai... |
in Europe stands at about 19%. Overall, Bhargava said the Indian economy is doing well and is expected to register GDP growth of 7% this year. It is, however, unlikely that the country can clock a similar rate of growth next year due to macroeconomic headwinds in global markets. India’s economic growth rate could be hi... |
Start-up firm Automovill launches accidental claims app to reduce cost has introduced a mobile application for registration and processing of for all agents and brokers across the country, an official said on Tuesday. The objective of the initiative is to reduce claim costs by bringing more efficiency into the system f... |
China blocks some Taiwan imports but avoids chip disruption BEIJING - China blocked imports of citrus and fish from Taiwan in retaliation for a visit by Nancy Pelosi, a top American lawmaker, to the self-ruled island but has avoided disrupting one of the world's most important technology and manufacturing relationships... |
of 15 million people, accounting for more than half the global supply. Its producers including Taiwan Semiconductor Manufacturing Corp. make the most advanced processors for smartphones, tablet computers, medical devices and other products. Taiwan says chip sales to China factories rose 24.4% last year to $104.3 billio... |
Russian oil output falls below 10 million bpd, lowest since July 2020: Sources Russian oil and gas condensate production fell below 10 million barrels per day (bpd) on Monday to its lowest since July 2020, two sources familiar with data said on Tuesday, as sanctions and logistical constraints hampered trade. Russian oi... |
Haryana CM Khattar announces INR 50,000 for industrial workers' daughters to buy electric two-wheelers Daughters of pursuing higher education will be granted INR 50,000 to purchase , Haryana Chief Minister announced on Sunday. Speaking at an event at the Shri Vishwakarma Skill University in Palwal district, Khattar sai... |
and entrepreneurship. The scheme, spanning five years, is estimated to cost INR 208.66 crore, he said. Earlier in the day, at an event in Sirsa, Khattar flagged off a cyclothon to mark a crucial step in the drugs-free Haryana campaign. During his address at the Shaheed Bhagat Singh Stadium, Khattar expressed his apprec... |
Opinion: If data is the new oil, connected cars are ‘oil fields’ The term ‘connected car’ is a broad one; there are several arms to this rapidly evolving technology. In its simplest form, any car outfitted with internet accessibility is termed a connected car. In the Indian auto market, this term was first popularised ... |
and mobile gaming. In this regard, one automaker has spearheaded data monetisation by offering subscription-based services for its in-car features. A German marque began offering heated seats (USD18 per month) as one such subscription-based service, in 2020. Other subscription services this OEM offers are a high beam a... |
share their data. In the US, 31% of consumers do not trust "anyone" with their data although an identical 31% do trust their OEM. The two core determinants—in terms of data usage—were how much trust consumers reposed in their OEM, and whether they had received full disclosure on who the data can be accessed by, and wha... |
CarDekho Group narrows loss to Rs 246 crore in FY22 Auto-tech firm on Monday said it has narrowed total losses to Rs 246 crore in 2021-22. The group had posted a total loss of Rs 341 crore in FY21, said in a statement. The revenue from operations in FY22 increased to Rs 1,598 crore from Rs 884 crore in FY21, it added. ... |
Volkswagen offers pay-offs for employees who quit major Russia plant Volkswagen is offering pay-offs to employees at one of the company's two plants in Russia if they agree to quit voluntarily, the Kommersant newspaper said on Thursday. The paper said the offer - which in some cases would amount to six months' salary -... |
Red Sea Crisis: RBI and IRDAI asked to help limit impact on exports The finance ministry has written to the banking and insurance regulators to monitor export credit availability and insurance premium increases to help Indian exporters deal with trade disruptions in the due to Houthi attacks on cargo ships. In a letter... |
Year-end discounts on cars rise to the highest in 4 years If you are looking to buy a new car, this could be the best time for it. Year-end discounts from have risen to a four-year high as pent-up demand starts drying up on the back of improved production. are making the deal sweeter with benefits ranging from ₹25,000 ... |
Tesla woos China customers with cheaper cars after Musk defers India visit Inc. has reduced prices for all its vehicles in China, according to its official website, as the US car giant faces stiff competition from China while its boss also had to defer visit to India that would open up a new big market for the company.... |
car company is facing challenges such as declining sales, falling stock prices, reduced investor confidence, and a lack of innovative ideas. This comes amid increasing competition from American and European rivals, as well as aggressive Chinese car manufacturers. India's huge car market, with a new love for SUVs, can o... |
Reducing taxes on automobiles can boost sector, benefit economy: Vikram Kirloskar Mumbai: A roadmap to reduce taxes on automobiles by half over a 10-year period to make the Indian auto industry more competitive globally and provide large scale employment to benefit the economy needs consideration, according to Vice Cha... |
Audi opens Audi Approved: plus for used car sales in Nagpur New Delhi: German luxury carmaker Audi has opened a new pre-owned car facility, along with a new service facility at Central MIDC Road, Hingana, Nagpur. Balbir Singh Dhillon, Head of Audi India, said, “We are very happy to inaugurate our 18th Audi Approved: pl... |
JSW Energy raises INR 5,000 crore from Abu Dhabi Investment Authority, others New Delhi: has raised INR 5,000 crore by selling shares to institutional investors, including (ADIA), to accelerate its growth plans. In a regulatory filing on Friday, the company informed that it has successfully completed its INR 5,000-cror... |
3.4 GWh of locked-in energy storage capacity through battery energy storage system and hydro pumped storage project. The company aims to reach 20 GW generation capacity and 40 GWh of energy storage capacity before 2030. It has set the target of achieving carbon neutrality by 2050. |
India's Russian oil purchases since Ukraine invasion more than double 2021 total India has bought more than twice as much crude oil from Russia in the two months since its invasion of Ukraine as it did in the whole of 2021, according to Reuters calculations, as Indian refiners snapped up discounted oil that others have... |
might hit logistics. "Indian refiners' capacity to process Russian oil is limited, and also there could be logistic challenges like insurance, tankers and payment mechanism once full European and U.S. sanctions against Russian kick in," said Giovanni Staunovo, commodity analyst at UBS Group AG. Already under pressure f... |
India in talks to increase Russian oil imports from Rosneft is looking to double down on its Russian with state-owned refiners eager to take more heavily-discounted supplies from PJSC as international players turn down dealings with Moscow over its invasion of Ukraine. State processors are collectively working on final... |
barrels a year earlier, according to data from Kpler. Although India’s purchases of Russian crude aren’t illegal or in breach of any sanctions, the country has come under pressure from the Biden administration and EU to stop doing business with Moscow in order to cut off Kremlin’s access to oil revenue and funds. The A... |
Rana Group to invest Rs 1,900 crore in EV business in phases New Delhi: , which has diversified business interests, on Friday said it will invest Rs 1,900 crore in the electric vehicle business in phases, a top company official said. The group has also roped in cricketer Sourav Ganguly as a brand ambassador for its thr... |
One Moto India inks pact with Reliance General Insurance to provide motor insurance Electric two-wheeler maker on Thursday said it has partnered with to provide to its customers. The company, which has launched three electric scooters -- Byka, Electa, and , said the partnership will enable easy insurance service to its... |
Owners of old vehicles unable to get HSRP Even though the deadline for the installation of (HSRP) was May 31, the State Government has informed the High Court that it won’t take any penal action until June 12, as only 19% of vehicles in the state have installed HSRP. However, there are numerous technical challenges in ... |
in the state. The department warns against counterfeit HSRP plates lacking unique laser codes and security features like high visibility in low light. HSRP serves as a security measure with embossed unique numbers, holograms, and other elements to enhance vehicle identification and security. It became mandatory for all... |
Indian refiners seeking 6-month Russian oil import deal: Report NEW DELHI: Indian refiners are negotiating a six-month oil deal with Russia to import millions of barrels per month, multiple sources with knowledge of the matter said, as the world's third largest importer seeks more Russian crude despite Western sanction... |
deals. New Delhi has also asked its state-run energy companies to evaluate the possibility of buying European oil major BP's stake in sanctions-hit Russian firm Rosneft, two people familiar with the matter told Reuters. Washington has said it does not object to New Delhi buying Russian oil below market rates, but has w... |
Rupee gives up opening gains as Fed meeting comes into focus The Indian pulled back from earlier gains on Tuesday, aligning with its Asian peers as traders cited dollar buying by large players ahead of the Federal Reserve meeting. The rupee was at 82.64 per dollar by 11:00 a.m. IST, after opening slightly higher at 82.... |
Rupee likely to strengthen towards 79 by end-FY24: UBS Securities Narrowing current account deficit will help the rupee strengthen against the dollar and appreciate to around 79 by the second half of the current fiscal, says a foreign brokerage report. The rupee is likely to strengthen towards 79 by end-FY24 from an av... |
Volkswagen India extends service support to flood-hit customers in Tamil Nadu European automaker has extended its enhanced service support to affected customers in following the impact of heavy rains and flooding in the state, the company said on Saturday. The initiative, with effect from December 22, would offer servi... |
How the world is paying for Putin's war in Ukraine In early March, as the US and its allies unleashed a wave of sanctions on , US President stood in the White House and said they wanted to deal a “powerful blow to ’s war machine.” But as the war in Ukraine approaches its 100th day, that machine is still very much opera... |
already banned Russian oil, but Europe is only slowly weaning itself off this dependency. That’s giving Moscow time to find other markets — such as commodity guzzling behemoths China and India — to limit any to damage to export revenue, and its financial war chest. That means the money is gushing into Russia’s accounts... |
and coking coal. Imports from Russia rose for a third month in April to more than double last year’s level, according to official custom office data. And some sellers of Russian oil and coal have tried to make things easier for Chinese buyers by allowing transactions in yuan. “The vast majority of the world is not invo... |
Here's why drone has become new buzzword in Indian tech space New Delhi: are multi-utility equipment that can easily be used for various purposes ranging from wedding photoshoots to border surveillance. This has led them to become the latest point of interest in the Indian tech space for youth, business fraternity and ... |
operated. Saudi Gazette has reported that according to a PwC report "Data on Wings -- A close look at drones in India", the drone space in India is catching up with that in other nations and gaining considerable momentum. Further, the outlet also stated that according to 6Wresearch, the Indian UAV market is poised to g... |
The new technology that is making cars easier for criminals to steal, or crash There is much talk in the automotive industry about the " " ( ). This describes a network of and other vehicles that could exchange data over the internet in an effort to make transportation more autonomous, safe and efficient. The IoV could... |
they can then start the engine and drive the vehicle away. Zero trust approach With the prospect of a potential epidemic in vehicle thefts, manufacturers are trying new ways to overcome this latest vulnerability as quickly as possible. One strategy involves not trusting any messages that are received by the car, referr... |
Lexus India introduces 8-Year warranty for new models New Delhi: has recently announced 8-years 100,000 km to 8 years160,000 km reinforces our commitment of superior quality, durability, and reliability in every Lexus vehicle and signifies advancement in offering unmatched warranty and providing absolute peace of mind ... |
'Used car biz may more than double in 5 years' India's market for used cars is expected to more than double to almost $75 billion in the next five years, driven by increased customer preference for personal mobility after the pandemic, according to CarTrade, a platform for classified automobile ads. There has been a sh... |
Indian diesel floods to Asia as Houthis imperil flows to Europe Shipments of from India into are at the lowest since 2022 so far this month as Houthi attacks on merchant shipping continue to disrupt international trade, driving more cargoes to Asia. Flows to the European Union and UK plunged as higher freight costs sto... |
MobiKwik collaborates with Cholamandalam MS General Insurance Company, SBI General Insurance CHENNAI: Mobile wallet has collaborated with Ltd and to offer third party and comprehensive insurance plans on its platform. With this partnership, customers will now be able to insure their two-wheelers on the MobiKwik app in ... |
ADAS and AD to co-exist, transform auto ecosystem New Delhi: Autonomy is the buzzword in the mobility world today. From Advanced Driver Assistance Systems ( ) to complete (AD), these technologies are racing against time to transform mobility into a seamless, connected, and convenient experience. Despite challenges rela... |
shifts significantly when we move beyond ADAS L2, requiring a collaborative effort across the industry and ecosystem—regulators, homologation and testing agencies, manufacturers, and the entire supply chain. While India is still evolving in these areas, we can take valuable lessons from markets like the US, Europe, Jap... |
S.Africa's ArcelorMittal shares down 6% on second day of strike 's share price was down 5.97% at 1500 GMT on Thursday on the Johannesburg Stock Exchange on the second day of a strike over wages, as workers picketed outside its factories. The (NUMSA) began a strike at Africa's biggest steel company on Wednesday, after w... |
I do not expect market to be so worried about inflation: Nirmala Sitharaman Privatisation of Air India was a complex case, a layered case where we had to do all the necessary tying up and be accountable. Others would be less time consuming. It should go as per plan which was announced last year in the Budget, says Fina... |
are sensing a lot of global changes and policy interventions, all of which probably is also working in their mind and it is just not my number. No decision has been taken on India’s bond inclusion in the global index. From the ministry standpoint, is that still up for consideration and since no decision has been taken.... |
number of government owned banks. Similarly, in the insurance sector – general insurance, life insurance, insurance underwriters are the categories. Under each one, we will have to keep some core control. So is Rs 65,000 crore just a moving number then because the whole mantra of minimum government and maximum governan... |
is the beginning that I have made. I am seeing progress in it. People are moving. So these are steps forward in that direction. The prime minister had promised incentives for honest tax payers. I have thanked them last year and this year, I have been thanking them. But just a thank you, nothing more? No, not even sayin... |
to form my thoughts once the input comes. Because that is the view coming from the regulator? Of course, I have consulted both the SEBI and RBI not once, but several times. We have been having this continuous interaction with them. It is not without the consultation with regulators of monetary affairs and regulators of... |
year we did take a huge share of that global price impact on ourselves. Indians are now changing their asset allocations. SIPs have started, Indians are investing in equities, they are betting on Indian entrepreneurs. Gone are those days when FIIs were the only investors. It is a very proud moment for all us. That is w... |
Why India@100 will lead tech innovation for the entire world For decades, it has almost been a joke that Indian parents only want their children to be either engineers or doctors. But the parents’ proclivity is today massively paying off for the country. The world’s most valued companies are technology companies. Every... |
staff that they don't need to leave their hometowns,” he said. , managing director for IBM India and the South Asia region, said the ability of our existing talent to grasp new technologies is also deeply impressive. “Very recently, we launched some programmes in the northeast, in places like Nagaland and Assam, and th... |
Why are other automakers chasing Tesla's 'Gigacasting'? Toyota Motor said this week it will adopt a technology pioneered known as " " as part of a strategy by the Japanese automaker to improve the performance - and lower the cost - of future (EVs). Toyota is not alone in following Tesla's breakthrough. Here's a look at... |
has said it will introduce the technology for other models. Volvo said last year it would invest more than $900 million to upgrade its plant near Gothenburg, Sweden, to include megapress technology. What's the catch? Cost is one. Tesla records most of its sales with just two models: the Model 3 and Model Y. High sales ... |
Zingbus launches free travel insurance for its customers NEW DELHI: , the technology-enabled intercity mobility company, has announced the launch of the first-ever insurance cover for all user bookings made via the zingbus web and mobile app. Based on the strategic partnership with (primary insurer)and (as an aggregato... |
Swiggy, Zomato operations hit as delivery workers strike in Mumbai Operations of food delivery majors and were hit in several parts of Mumbai on Monday as delivery workers went on demanding higher incentives and better working conditions. The strikes starting on Sunday are organised collectively by multiple organisatio... |
After-sales service provider Automovill raises INR 2.15 cr in Pre-Series A round New Delhi : provider Automovill has raised INR 2.15 crore in a Pre-Series A round led by . Following a hybrid and flexible business model, Automovill has the 3 rd largest presence across India, while catering to over 15 lakh customers. Aut... |
or customer service line. The operation executive sends a driver to pick up the car from the customer's location and deliver it to an appropriate vendor partner after receiving confirmation of the request and comprehending the car issue. After the customer has approved the job estimate, the servicesemi-organized sector... |
Centre hikes financial package for rubber sector by 23% to INR 708 cr New Delhi, The financial assistance for the under the 'Sustainable & Inclusive Development of Natural Sector' scheme has been increased by 23% from INR 576.41 crore to INR 708.69 crore for the next two financial years (2024-25 and 2025-26), the Comme... |
provided for latex collection and DRC testing equipment to 55 RPSs. "For farm mechanisation, RPSs will be supported for purchasing sprayerworkers and for attracting more tappers, particularly women tappers. "Various measures like Educational Stipend, Women empowerment schemes, Assistance for House construction, Group L... |
Hyundai, Kia agree to USD 200 million settlement in over US car thefts and agreed to a consumer class-action lawsuit settlement worth USD 200 million over rampant car thefts of the Korean ' vehicles, lawyers for the owners and the automakers said on Thursday. In February, the Korean automakers said they would offer sof... |
Audi India opens ‘Audi Approved:plus’ used car showroom in Mumbai West New Delhi: German luxury car manufacturer, on Monday inaugurated its pre-owned luxury car showroom - :plus, in Mumbai West, the company said in a release. According to the company, spread across 2000 sq.ft, Approved:plus will cater to the rising dem... |
Adani Group's drone division exploring two revenue models similar to tractor industry The 's commercial drones division is exploring two revenue models -- dealer-based and service-based -- while keeping its primary focus on the agriculture sector, a top official of the conglomerate said on Saturday. In a dealer-based m... |
country, he noted. While talking about revenue models in the commercial drone sector, he said a lot of parallel can be seen in how the tractor industry has evolved in the past. He talked about two revenue models in the tractor industry. "One is that you have outright sale of the tractors by original equipment manufactu... |
drone sector," he added. Vijayaraghavan said around 70-80 per cent of the drone market has historically been about military applications. "We expect the trend to reverse in the next five years wherein 70 per cent share will be with the civilian drones and the remaining will be with the military drones," he mentioned. |
Buying an electric vehicle? Here are the costs to consider With petrol and diesel at around INR 100 per litre, electric vehicles are gaining traction. As per reports, India saw remarkable sales of electric vehicles in August of about 9% month-on-month growth to 1,26,324 units, while year-on-year figures were at a stagg... |
Foreign automakers see their chance in Japan with electric vehicles TOKYO: In September, did something still rare in Japan: she bought a foreign car, picking a Peugeot e-208 over a Honda e because, she said, the Peugeot can travel longer distances between charges. joined a tiny, but growing, band of Japanese drivers wh... |
ACMA with Howden India organizes cyber security-focused conference New Delhi: The Automotive Component Manufacturers Association of India ( ) in partnership with successfully conducted a ‘National Conference & Display on Automotive Cyber Security – Risks & Safeguard’ on Tuesday to highlight the emerging cyber risks and... |
Amit Agrawal, Managing Director, Howden India, added. With Indian automakers being urged by the Ministry of Road Transport and Highways to ramp up efforts against cyber-attacks, it is important for manufacturing entities to adopt a multi-pronged approach consisting of integrating advanced IT security systems, undertaki... |
EkoTejas ties up with SBI insurance, Bajaj Allianz and others to support EV customers New Delhi: , a leading Electric vehicle (EV) brand, has tied up with with SBI insurance, Bajaj Allianz and other lending institutions for providing financial assistance to , the company said. Recently, the company has tied up with sev... |
China boosts imports of fuel oil blended from Russian barrels 's independent are ramping up imports of discounted blended from to use as low-cost feedstock amid a shortage of government for some of them, according to trade sources and data. Western sanctions over Russia's invasion of Ukraine, including the looming Febr... |
on top of crude," Jamil said. Western trading houses have been the main suppliers of these fuel oil shipments to China, said four senior trading sources, who closely track the flows, adding that the elevated December levels will extend through February and beyond. One of the top suppliers channeling these barrels to Ch... |
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