Automakers Production

India's steel-to-energy JSW Group is in early talks with Chinese automaker Leapmotor to license technology to build electric vehicles in India, according to people familiar with the discussions. Under the technology licensing agreement, JSW would use Leapmotor's platform to manufacture EVs in India under its own brand name.

Japanese automaker Suzuki Motor said on Tuesday it had reached an agreement with SkyDrive to make "flying cars". The companies will use a Suzuki Group factory in central Japan to make electric vertical take-off and landing (eVTOL) aircraft and aim to begin production by around spring next year.

SNE Research which provides global market research and consulting to the rechargeable batteries industry ranked Hyundai as the top sixth EV carmakers by sales in 2022. The Asian carmaker is ramping up its production capabilities as it aims to become one of the world's top three electric vehicle manufacturers by 2030.

Nissan Motor on Monday raised its electrified car sales goals and said it would boost power train production in the United States, as it looks to catch up in a segment dominated by newer automakers such as Tesla. The Japanese automaker was a pioneer in electric vehicles (EVs) with its all-battery-powered Leaf but has struggled alongside many legacy...

Renault is said to be considering mass-building an electric version of its hatchback car in India. The French automaker is still engaged in negotiations with partner Nissan Motor over investing in an EV unit it plans to carve out from its other operations. Renault is said to be assessing demand, pricing, and production ability and could launch the ...

Automakers are planning to double their spending on the development and production of millions of electric vehicles to nearly $1.2 trillion (roughly Rs. Rs. 98.4 lakh crore) through 2030, analysis by Reuters reveals. Manufacturers have forecast plans to build 54 million battery EVs in 2030, representing more than 50 percent of total vehicle product...

Tesla announced that it has slashed the delivery waiting time for its Model 3 and Model Y cars in China. The electric auto giant is ramping up output at its Shanghai plant after upgrading production lines. The waiting time for other versions of the SUV and Model 3 sedans is now 12 to 20 weeks.

Silk-FAW will proceed with its EUR 1 billion EUR 1 billion (roughly Rs. 8,160 crore) plans to build an electric sports car in Italy, the company said on Monday. The startup, comprised of US automotive engineering and design firm Silk EV and Chinese automaker FAW, plans to develop and produce electric and hybrid luxury hypercars in China and in Ital...

Tesla has announced that its plans to make its own next-generation electric vehicle (EV) batteries have been delayed, falling short of CEO Elon Musk’s target for the company to make its own cutting-edge batteries this year. If the company’s endeavour succeeds, it will assure itself a steadier supply of inexpensive, higher-range batteries, in or...

Volkswagen has begun working on its first in-house battery factory on Thursday, part of a plan by the German automaker to compete with rivals in the US and China. The company has invested a total of EUR 46 billion (roughly Rs. 3,69,900 crore) as part its ambitious goal of becoming the world's biggest electric car manufacturer by 2025. Legacy carmak...

Volkswagen CEO Herbert Diess said he sees "clear improvement" in semiconductor supplies and expects the automaker's global production can recover during the rest of this year.

Volkswagen CEO Herbert Diess said he sees "clear improvement" in semiconductor supplies and expects the automaker's global production can recover during the rest of this year.

The Hyundai Santro was re-launched in an all-new avatar in 2018 but the once-popular model was not able to garner the same kind of volumes as its predecessor did, which may have led to the automaker pulling it off the shelves in India.

Ford Motor has sold eight million shares of electric-car maker Rivian Automotive for $214 million, or $26.80 apiece, the US automaker said in a filing. Rivian is said to be struggling in a competitive market, including competition from Ford's F-150 Lightning electric pickup truck, while a supply chain crisis is limiting production at its plants.

Germany’s Economy Minister Robert Habeck expressed the government’s wish to attract global chip makers to the country in lieu of EUR 14 billion state aid. This is line with EU’s plans to encourage chip manufacturing in the European Union due to a boom in demand.

India's steel-to-energy JSW Group is in early talks with Chinese automaker Leapmotor to license technology to build electric vehicles in India, according to people familiar with the discussions. Under the technology licensing agreement, JSW would use Leapmotor's platform to manufacture EVs in India under its own brand name.

Japanese automaker Suzuki Motor said on Tuesday it had reached an agreement with SkyDrive to make "flying cars". The companies will use a Suzuki Group factory in central Japan to make electric vertical take-off and landing (eVTOL) aircraft and aim to begin production by around spring next year.

SNE Research which provides global market research and consulting to the rechargeable batteries industry ranked Hyundai as the top sixth EV carmakers by sales in 2022. The Asian carmaker is ramping up its production capabilities as it aims to become one of the world's top three electric vehicle manufacturers by 2030.

Nissan Motor on Monday raised its electrified car sales goals and said it would boost power train production in the United States, as it looks to catch up in a segment dominated by newer automakers such as Tesla. The Japanese automaker was a pioneer in electric vehicles (EVs) with its all-battery-powered Leaf but has struggled alongside many legacy...

Renault is said to be considering mass-building an electric version of its hatchback car in India. The French automaker is still engaged in negotiations with partner Nissan Motor over investing in an EV unit it plans to carve out from its other operations. Renault is said to be assessing demand, pricing, and production ability and could launch the ...

Automakers are planning to double their spending on the development and production of millions of electric vehicles to nearly $1.2 trillion (roughly Rs. Rs. 98.4 lakh crore) through 2030, analysis by Reuters reveals. Manufacturers have forecast plans to build 54 million battery EVs in 2030, representing more than 50 percent of total vehicle product...

Tesla announced that it has slashed the delivery waiting time for its Model 3 and Model Y cars in China. The electric auto giant is ramping up output at its Shanghai plant after upgrading production lines. The waiting time for other versions of the SUV and Model 3 sedans is now 12 to 20 weeks.

Silk-FAW will proceed with its EUR 1 billion EUR 1 billion (roughly Rs. 8,160 crore) plans to build an electric sports car in Italy, the company said on Monday. The startup, comprised of US automotive engineering and design firm Silk EV and Chinese automaker FAW, plans to develop and produce electric and hybrid luxury hypercars in China and in Ital...

Tesla has announced that its plans to make its own next-generation electric vehicle (EV) batteries have been delayed, falling short of CEO Elon Musk’s target for the company to make its own cutting-edge batteries this year. If the company’s endeavour succeeds, it will assure itself a steadier supply of inexpensive, higher-range batteries, in or...

Volkswagen has begun working on its first in-house battery factory on Thursday, part of a plan by the German automaker to compete with rivals in the US and China. The company has invested a total of EUR 46 billion (roughly Rs. 3,69,900 crore) as part its ambitious goal of becoming the world's biggest electric car manufacturer by 2025. Legacy carmak...

Volkswagen CEO Herbert Diess said he sees "clear improvement" in semiconductor supplies and expects the automaker's global production can recover during the rest of this year.

Volkswagen CEO Herbert Diess said he sees "clear improvement" in semiconductor supplies and expects the automaker's global production can recover during the rest of this year.

The Hyundai Santro was re-launched in an all-new avatar in 2018 but the once-popular model was not able to garner the same kind of volumes as its predecessor did, which may have led to the automaker pulling it off the shelves in India.

Ford Motor has sold eight million shares of electric-car maker Rivian Automotive for $214 million, or $26.80 apiece, the US automaker said in a filing. Rivian is said to be struggling in a competitive market, including competition from Ford's F-150 Lightning electric pickup truck, while a supply chain crisis is limiting production at its plants.

Germany’s Economy Minister Robert Habeck expressed the government’s wish to attract global chip makers to the country in lieu of EUR 14 billion state aid. This is line with EU’s plans to encourage chip manufacturing in the European Union due to a boom in demand.