*NTSB Chairwoman Jennifer Homendy called the company’s use of “Full Self-Driving” for its latest driver-assist systems “misleading.” *The comments come a day she sent a letter to Tesla CEO Elon Musk about the company not responding to recommendations issued by the safety watchdog four years ago. *The letter as well as other safety probes into Tesla crashes by the National Highway Traffic Safety Administration have had little impact on the company’s stock price.
HMSI has announced that it will launch an e-scooter in India by 2023. While details about the e-scooter remain undisclosed at this point, it’s clear that Honda does not expect the product to dethrone the Activa as its chief moneymaker in the country.
Carmakers have taken note of the demand for SUVs growing steadily for the past few years in the Indian car market.
"Production volume of the company in September 2021 was affected due to electronic components shortage," the automajor noted.
The proposed fund-raise will value Tata Motors’ electric vehicle unit at $8 billion and has attracted multiple private equity funds from the US, Middle East and Southeast Asia. TPG, California Public Employees’ Retirement System, Temasek, among others, have held conversations to lead or co-lead the financing exercise, sources told TOI.
During the live broadcast of the all-new Royal Enfield Classic 350's launch, brand recorded highest-ever concurrent viewership, helping the company enter the Guinness World Records.
The automobile maker made its first announcement of the fully electric car in 2020.
They expect chip shortage to begin easing from October, the festival season to boost demand and increased vaccination to help the auto market recover as urban areas return to normal
Quiklyz subscription business: what is it?
At present, India levies a hundred percent duty on wholly imported cars with CIF value (cost, insurance and freight) more than $40,000 and 60% on those costing anything less than that.
Dealers invested about 20 billion rupees ($272 million) building Ford dealerships in India, which employ about 40,000 people
