Automobiles
China's Chery to make cars in Spain, Thailand
23 Apr 2024
Chery Auto, China’s state-owned automobile manufacturer, is expanding overseas with a joint venture deal with Spanish company Ebro-EV Motors and a production facility in neighbouring Thailand.
Elon Musk to visit India as govt tweaks FDI rules for space sector as well
23 Apr 2024
Elon Musk, CEO of tech enterprises Tesla, SpaceX, Starlink and X, has confirmed his India visit next week after the Indian government notified amendments to foreign investment rules in space sector, allowing 100 per cent FDI in satellite-related ventures.
Xiaomi starts delivery of its smart car SU7
03 Apr 2024
Chinese smartphone maker Xiaomi has started delivery of its end-to-end connected smart car, SU7, on Wednesday.
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Indian Oil, Panasonic team up for lithium-ion cell production in India
02 Apr 2024
State-owned oil refining and marketing company Indian Oil Corporation Ltd (IOCL) will be setting up a joint venture with Panasonic Energy Co Ltd, a unit of Japan’s Panasonic Group, for manufacturing lithium-ion batteries and energy storage systems.
Tata EV arm, HPCL join to boost charging infrastructure
01 Apr 2024
Tata Passenger Electric Mobility Ltd (TPEM) has teamed up with state-owned fuel marketing company Hindustan Petroleum Corporation Limited (HPCL) to develop 5,000 electric vehicle charging stations across the country by the year-end.
Nissan, Honda to jointly explore future automobile technologies
19 Mar 2024
Japanese car makers Nissan Motor Co and Honda Motor Co have announced the signing of a memorandum of understanding (MoU) to explore the feasibility of a strategic partnership in the areas of vehicle electrification and the use of artificial intelligence.
India slashes import duty on EVs to smoothen Tesla’s market entry
18 Mar 2024
India has slashed customs duty on import of ready-to-assemble automobiles, or CKD units, to 15 per cent for a period of five years, in a move that would help EV majors like Tesla enter the Indian market.
Tata Motors to invest Rs9,000 crore in new Tamil Nadu facility
14 Mar 2024
Tata Motors has proposed to invest Rs9,000 crore for setting up a new automobile manufacturing facility in Tamil Nadu over a 5-year period.
Ford to re-enter India with SUVs, hybrids and EVs: report
06 Mar 2024
Ford Motor, which exited India and sold its Gujarat plant to Tata Motors, is now all set to make a comeback with the launch of new car models, including SUVs and hybrid and electric vehicles
Tata Motors to spin off commercial and passenger vehicle businesses
05 Mar 2024
Tata Motors on Monday announced plans to spin off its commercial vehicle and passenger vehicle divisions into separate businesses. This will be done by demerging the two divisions and merging each with related businesses, Tata Motors stated in a stock exchange filing.
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