For the best experience use inshorts app on your smartphone
Aprilia SXR 160 is here to maximise your life: Piaggio India
short by Roshan Gupta / on 15 Jan 2021,Friday
The all-new Aprilia SXR 160 brings together a premium combination of style, performance and extraordinary comfort for an unbelievable riding experience, the company mentioned. Designed in Italy for India, it represents the new Aprilia design philosophy. Here's a ride that will transform your everyday experiences and lead you to maximise every one of them, the company added.
short by Roshan Gupta / 06:04 pm on 15 Jan
The all-new Volvo S60 is designed to help save lives: Volvo
short by Roshan Gupta / on 13 Jan 2021,Wednesday
Every car, Volvo said, is made to give people the journey of their lives while preparing them for every surprise on the way. The latest luxury sedan, the Volvo S60, lets you rediscover the thrill of driving, be it inside or outside, it is designed to help save lives while helping us keep our promise, it further mentioned.
short by Roshan Gupta / 10:30 am on 13 Jan
Own a car without buying it : Revv Subscriptions
short by Roshan Gupta / on 14 Jan 2021,Thursday
You can now drive a new car every month as Revv provides the option to subscribe to your favourite car for 1-36 months with ₹0 down payment, ₹0 road tax and without the hassle of maintenance and service. The car will be sanitized and delivered to your doorstep ensuring complete safety for you and your loved ones.
short by Roshan Gupta / 09:00 am on 14 Jan
As promised: Elon Musk on Tesla's India entry
short by Pragya Swastik / on 14 Jan 2021,Thursday
Elon Musk has tweeted "as promised" in response to a news article about Tesla's entry into India. His response came after it was revealed that Tesla registered a new Indian subsidiary in Bengaluru and named its three directors. Last year, Elon Musk tweeted, "Next year for sure," in response to a user enquiring about Tesla's India entry.
short by Pragya Swastik / 07:00 am on 14 Jan
Electric car battery that can fully charge in 5 minutes produced for first time
short by Krishna Veera Vanamali / on 20 Jan 2021,Wednesday
Electric car batteries that can be fully charged in five minutes have been produced in a factory for the first time. The new lithium-ion batteries were developed by Israeli company StoreDot and manufactured by its strategic partner Eve Energy in China on a normal production line. StoreDot CEO Doron Myersdorf said the company is aiming for a 2025 mass roll-out.
short by Krishna Veera Vanamali / 10:09 am on 20 Jan
Tata Motors' 'tere mere pyaar...' tweet sparks Tesla tie-up rumours, firm denies
short by Krishna Veera Vanamali / on 16 Jan 2021,Saturday
After a tweet by Tata Motors Electric Mobility, a division of Tata Motors, on Friday sparked rumours of a tie-up with Tesla, the Indian automaker said it "categorically denies all rumours suggesting the same". "We have not taken any decision regarding a strategic partner for our PV business," it added. Shares of Tata Motors jumped nearly 7% after the tweet.
short by Krishna Veera Vanamali / 11:17 am on 16 Jan
General Motors unveils self-driving, flying Cadillac car concept
short by Hiral Goyal / on 13 Jan 2021,Wednesday
General Motors has unveiled a Cadillac-branded autonomous, flying vehicle concept at the 2021 CES show which is capable of carrying passengers from rooftop to rooftop. The single-seater electric vehicle takes off and lands vertically and can travel at speeds of up to 88.5 kmph. The concept is GM's first foray into aerial mobility and unlikely to go into production.
short by Hiral Goyal / 05:32 pm on 13 Jan
Tata Motors Electric Mobility, a division of Tata Motors, on Friday tweeted, "Aajkal tere mere pyaar ke charche har akhbaar mein, sabko malum hai aur sabko khabar ho gayi!", while tagging Elon Musk and Tesla, amid rumours of a joint venture between the two. The account, though unverified, is followed by Tata Motors' official handle. The tweet was deleted later.
short by Rishabh Bhatnagar / 10:38 am on 16 Jan
Volkswagen CEO joins Twitter, trolls Elon Musk in his first tweet
short by Krishna Veera Vanamali / on 21 Jan 2021,Thursday
Volkswagen CEO Herbert Diess joined Twitter and in his first tweet took a jab at Tesla CEO Elon Musk. "I'm here to make an impact with Volkswagen, especially on political issues. And, of course, to get some of your market shares, Elon Musk," he tweeted. In September, Diess gave Musk a test drive of Volkswagen's ID.3 electric car in Berlin.
short by Krishna Veera Vanamali / 11:24 am on 21 Jan
Who are the three directors in Tesla's new Indian subsidiary?
short by Krishna Veera Vanamali / on 13 Jan 2021,Wednesday
Tesla has named Vaibhav Taneja, David Jon Feinstein and Venkatrangam Sreeram as directors in its newly-registered Indian subsidiary, Tesla India Motors and Energy. While Taneja is Tesla's Chief Accounting Officer, Feinstein is Senior Director, Global Trade & New Markets. Sreeram is a Bengaluru entrepreneur who has co-founded automotive tech companies Xenon Automotive and ClearQuote.
short by Krishna Veera Vanamali / 10:04 am on 13 Jan
Ford shuts plant in Chennai till Jan 24 amid global chip shortage
short by Kiran Khatri / on 20 Jan 2021,Wednesday
Ford India has shut its plant in Tamil Nadu's Chennai till January 24 amid a global semiconductor (chip) shortage. The company said that the shortage has disrupted part supplies from its vendors. The automaker, which also has a plant in Gujarat, expects the issue affecting the sector to continue for at least the first half of 2021.
short by Kiran Khatri / 11:43 am on 20 Jan
Mahindra & Mahindra cuts over half of its North America workforce: Reports
short by Krishna Veera Vanamali / on 13 Jan 2021,Wednesday
Mahindra & Mahindra has reportedly cut over half of the workforce at its North American unit, which had over 500 employees in early 2020. Affected positions include engineers and manufacturing jobs at its Detroit plant that produces Roxor, as well as sales executives. Mahindra cited COVID-19 and a legal battle with Fiat Chrysler over an earlier Roxor model for layoffs.
short by Krishna Veera Vanamali / 03:32 pm on 13 Jan
Tata Motors raises passenger vehicle prices by up to ₹26,000
short by Rishabh Bhatnagar / on 22 Jan 2021,Friday
Tata Motors has announced that it will hike prices of its passenger vehicle range by up to ₹26,000, effective Friday. Tata said it will "offer protection" from the hike to customers who have booked Tata passenger vehicles on or before January 21. Rising input costs and material costs of steel and semiconductors have led to this, said Tata Motors.
short by Rishabh Bhatnagar / 08:56 pm on 22 Jan
More than 200 iconic bikes are thought to have been lost in a fire at Europe's highest motorcycle museum, located above 7,135 feet in Austria. Reports said that by the time firefighters arrived at the scene, the museum's building, mostly made of wood, was already engulfed in flames. The museum is known for housing classic motorbikes from 120 international manufacturers.
short by Pragya Swastik / 03:53 pm on 19 Jan
Tesla starts delivering Shanghai-made Model Y SUVs in China
short by Hiral Goyal / on 18 Jan 2021,Monday
Tesla on Monday said that it has started delivering the Shanghai-made Model Y sports utility vehicles (SUVs) to its customers in China. The starting price of the Model Y vehicle has been set at 3,39,900 yuan (about $52,400). Tesla received permission from the Chinese government to start selling its cars in November last year.
short by Hiral Goyal / 09:30 pm on 18 Jan
Tesla in talks to set up manufacturing facility in Gujarat
short by Hiral Goyal / on 21 Jan 2021,Thursday
Tesla is in talks with the Gujarat government to set up a manufacturing facility in the state. "We are hopeful that...Tesla will prefer Gujarat," Additional Chief Secretary of Gujarat Chief Minister's Office told the Economic Times. The state government has assured the company all possible assistance and incentives for setting up base in Gujarat, the official further said.
short by Hiral Goyal / 05:54 pm on 21 Jan
Tesla to route India investment through Tesla Motors Amsterdam
short by Hiral Goyal / on 18 Jan 2021,Monday
Elon Musk-led Tesla's investment for the Indian unit will be routed through the jurisdiction of Netherlands, as it has registered Tesla Motors Amsterdam as the parent organisation for Tesla India Motors and Energy, according to the company's incorporation documents. This would offer Tesla tax benefits related to capital gains and dividend payments, tax experts told Economic Times.
short by Hiral Goyal / 06:20 pm on 18 Jan
Self-driving car startup Cruise has raised $2 billion in a new equity round led by General Motors and Microsoft. The latest round has raised Cruise's valuation to $30 billion. Honda and other institutional investors also participated in the round. General Motors will continue to retain a majority stake in the startup, a Cruise spokesperson said.
short by Hiral Goyal / 08:39 pm on 19 Jan
Tesla asks US safety agency to declare speed display issue inconsequential
short by Rishabh Bhatnagar / on 16 Jan 2021,Saturday
Elon Musk-led Tesla asked the US National Highway Traffic Safety Administration (NHTSA) to declare its speed display issue as inconsequential to safety, reported Reuters. Over six lakh Tesla vehicles do not comply with safety standards because displays can be switched from miles per hour to only metric measurements. Tesla said a majority of vehicles have since corrected the issue.
short by Rishabh Bhatnagar / 10:00 am on 16 Jan
US carmakers ask for government's help amid global chip shortage
short by Aishwarya Awasthi / on 16 Jan 2021,Saturday
The AAPC, a lobbying organisation for GM, Ford Motor and US operations of FCA, has asked the US government to help find a solution to the global chip shortage. It said the issue could diminish automakers' production and affect the US economy negatively. AAPC President Matt Blunt said he has also begun "nascent" discussions with the President-elect Joe Biden's administration.
short by Aishwarya Awasthi / 03:10 pm on 16 Jan
Fiat Chrysler, US startup Archer partner to build electric aircraft
short by Aishwarya Awasthi / on 13 Jan 2021,Wednesday
Fiat Chrysler and US-based startup Archer have partnered to produce an electric vertical take-off and landing (eVTOL) aircraft. FCA will provide input that contributes to Archer's eVTOL cockpit's design, among other things. The aircraft will be powered by an electric motor and will be able to fly about 96 kilometres high at a ​top speed of around 241 kilometres/hour.
short by Aishwarya Awasthi / 08:00 am on 13 Jan
Audi will delay the production of some of its high-end cars due to a global shortage of computer chips, CEO Markus Duesmann said in an interview. The carmaker, part of the Volkswagen Group, has also put over 10,000 workers on furlough due to this, he added. Audi expects to make up for lost time in the second half of 2021.
short by Kiran Khatri / 02:30 pm on 18 Jan
Fiat Chrysler (FCA) and Peugeot owner PSA Group have sealed their $52 billion merger to create Stellantis, the world's fourth largest automaker. The merged entity will have annual sales of around 8.1 million vehicles. Stellantis can cut annual costs by around $6.1 billion without plant closures, a statement said. FCA and PSA first announced plans to merge in October 2019.
short by Kiran Khatri / 02:19 pm on 17 Jan
Bajaj Auto has said that shortage of shipping containers remains a challenge even as its exports grew by 22% year-on-year to a record high in the third quarter. Executive Director Rakesh Sharma said, "15% of the order books have spilled over into the next month." The company is entering into long-term contracts with shipping lines to reduce impact, he added.
short by Kiran Khatri / 02:28 pm on 22 Jan
Tesla's success should justify its share price: Raghuram Rajan
short by Rishabh Bhatnagar / on 14 Jan 2021,Thursday
Economist and former Reserve Bank of India (RBI) Governor Raghuram Rajan said Tesla's success and spread of vehicles must be viewed firmly and should justify its rising stock price. He added that Tesla is a case of a stock that's being priced at many multiples of the price of automakers such as Toyota or General Motors.
short by Rishabh Bhatnagar / 04:02 pm on 14 Jan
Load More
For the best experience use inshorts app on your smartphone