Audi Executive Says Lowering Import Tax on EV Will Help Test India Market
Volkswagen-owned Audi's India unit said on Friday that any potential cut down on electric vehicle (EV) import taxes would help… Read More
volkswagen
Elon Musk’s SpaceX Buys Advertising Package for Starlink on Twitter
SpaceX has bought an advertising package on Twitter for its satellite internet service Starlink, said Elon Musk, who owns the… Read More
Automakers to Double Spending on EVs to $1.2 Trillion by 2030: Analysis
The world's top automakers are planning to spend nearly $1.2 trillion (roughly Rs. 98.4 lakh crore) through 2030 to develop… Read More
Mahindra Says to Source Components From Other Companies for EV Portfolio
India's Mahindra and Mahindra will explore sourcing more components from other companies to boost its electric vehicle (EV) portfolio, its… Read More
Porsche Sets More Ambitious Electric Vehicle Target
Luxury sportscar maker Porsche, which parent Volkswagen could float in a partial stock market listing later this year, on Friday… Read More
Bentley to Launch an Electric Car Annually for 5 Years Starting 2025
Luxury carmaker Bentley unveiled plans on Tuesday to build a new electric model annually for five years from 2025 after… Read More
Apple Global Battery Development Chief Moves to Volkswagen
Apple's global battery development chief, Soonho Ahn, has moved to Volkswagen to lead the automaker's development of electric vehicle batteries,… Read More
Tesla Pushing Volkswagen to Accelerate Electric Vehicle Shift, Company Says on Competition
Competition from new entrants to Germany's autos market such as Tesla has pushed Volkswagen to accelerate plans to transform its… Read More
BMW Confirms Its 2021 Targets Despite Worsening Chip Shortages
BMW remains on course to meet its profit targets for 2021 despite rising raw material costs, though the global chip… Read More
What’s Causing the Global Chip Shortage and How Does It Affect You
As the US economy rebounds from its pandemic slump, a vital cog is in short supply: the computer chips that… Read More