Page 56 - Auto

Tesla drives towards $1-trillion club on 100,000 Hertz order

The cars will be delivered over the next 14 months

Tata Power crosses 1,000 EV charging stations mark in India

Tata Power EZ Chargers ecosystem covers the entire value chain of public, captive, bus/ fleet and home chargers.

Siddhartha Lal's reappointment as Eicher Motors MD gets shareholders' nod

The proposal for reappointment was cleared with almost 93.8 per cent of the total 226 million votes casted going in favour of the resolution

TVS Motor ties up with Bahwan International to strengthen presence in Iraq

As per the deal, ARATA International FZC, a subsidiary of Bahwan International Group (BIG), will be the new distributor of TVS in Iraq

London Electric Vehicle Company gears up to launch TX model in India

Commercial electric vehicle manufacturer London Electric Vehicle Company (LEVC) is geared up to roll out electric TX vehicle in the Indian market in collaboration with Exclusive Motors

Premium e-bike maker EMotorad raises $3-million in seed round funding

EMotorad has raised $3-million in a strategic seed round funding from two investors for scaling up its current facilities and expanding its presence across the domestic and overseas markets

Car rental firm Hertz orders 100,000 Model 3 electric vehicles from Tesla

Car rental company Hertz is ordering 100,000 electric vehicles from Tesla.

Bajaj Auto launches updated version of Dominar 400 tagged at Rs 2.16 lakh

Bajaj Auto on Monday said it has launched the updated version of its bike Dominar 400 priced at Rs 2.16 lakh (ex-showroom).

CSC now authorised to provide NOC for sale of used vehicles

Government-promoted CSC E-Governance India Ltd (CSC SPV) on Sunday said it has now been authorised to provide no-objection certificates (NOC) for the sale of used vehicles.

Mercedes Benz India adopts direct selling as new retail strategy

Won't ship any cars to dealers, will maintain inventory of new models in its books; says move will help serve customers better

Mercedes-Benz rolls out new format of retailing cars in India

German luxury carmaker Mercedes-Benz on Friday rolled out its new format of retailing cars in India with a 'direct to customer' model, under which it will own now the entire stock of new cars for sale

Chip crunch to hit Renault 2021 production harder than forecast

Renault's production losses in 2021 due to a global semiconductor shortage will be far larger than previously forecast, the French carmaker said on Friday, though it maintained its profit outlook help

Astor clocks 5,000 orders in 20 minutes of opening bookings: MG Motor India

MG Motor India on Thursday said it has sold out its new SUV Astor for this calendar year clocking 5,000 orders within 20 minutes of opening bookings.

BMW drives in 5 Series M Sport Carbon Edition tagged at Rs 66.3 lakh

Locally produced at the company's Chennai-based manufacturing plant, the new variant can be booked online from today onwards.

Niti VC urges Tesla to make electric cars in India; assures tax benefits

Niti Aayog Vice Chairman Rajiv Kumar urged US-based Tesla to manufacture its iconic electric vehicles in India, while assuring the company that it will get the tax benefits it wants from government

Ola to hire 10,000 people for its used car platform, eyes $2-bn GMV

Over the next two months, Ola Cars will be operational in 30 cities and expand to 100 cities by next year

Tesla Q3 revenue skirts semiconductor woes, beats profit projections

The results mark the ninth straight quarter of profit for the 18-year-old electric carmaker and came despite obstacles that included backups at ports and even rolling blackouts in China

Volvo warns chip stortage, supply-chain snarl will curtail truck production

The supply situation that's characterized by "disruptions, unpredictability and a lack of freight capacity" is delaying deliveries to customers, Volvo Chief Executive Officer Martin Lundstedt said

Revolt Motors to fully localise product range by January

The company, which will re-open bookings of its electric motorcycle RV400 across 70 cities from tomorrow, currently has been able to achieve localisation of around 70 per cent

Mahindra XUV700 records 65,000 bookings in two weeks of the process

Mahindra & Mahindra (M&M) on Wednesday said the deliveries of its recently launched model XUV700 would begin from this month-end