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Auto · 21 Dec 2022
India’s EV Sales In FY2023 Reaches 4,42,901 Units; Over 9X Growth Compared To FY2021
The Indian auto industry sold 48,179 EVs in Financial Year 2020-21, which increased 5-folds in FY 2021-22 to 2,37,811 units. In comparison, just the year-to-date (YTD) sale…
Auto · 21 Dec 2022
F1 Drivers Need FIA Approval Before Making Political Comments
Now such statements will only be allowed if they have been “approved in writing” by the FIA or by the relevant national authority.
Auto · 21 Dec 2022
Auto Component Sector Records 34.8 Per Cent Sales Growth In H1 FY2023: ACMA
The total sales of the auto component industry stood at Rs. 2.65 lakh crore or USD 33.8 billion in the April – September 2022 period, recording a…
Auto · 21 Dec 2022
Piero Ferrari Sets Up Succession Plan With Trust Fund For His Stake In The Supercar Firm
Piero Ferrari has decided to set up a family trust this month which will oversee the roughly 10 per cent stake he inherited from his father, Enzo…
Auto · 21 Dec 2022
eVTOL Startup Air Shows Off Its Flying Car In A Minute Long Flight
The Air One flying car could be commercialised by 2024. The company has planned full-scale flights with human passengers in Q1 of 2023.
Auto · 21 Dec 2022
Tata Still On Track With Plan To Launch 10 EVs In 5 Years; Will Launch Up To 2 EVs Every Year
Speaking with car&bike on the sidelines of the media drive for Tiago EV, Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles and Tata Passenger Electric Mobility Limited…
Auto · 21 Dec 2022
India Probes Possible Misappropriation Of Incentives By EV Makers
India is investigating the possible misappropriation of incentives given to EV makers under a Rs. 10,000 crore programme to promote their faster adoption.
Auto · 20 Dec 2022
Hyundai Ioniq 5 Unveiled In India; Bookings Open
The Hyundai Ioniq 5 will be the second electric offering from Hyundai in India after the Kona electric and will be the first model to be introduced…
Auto · 20 Dec 2022
Oil Prices Climb By $2 Amid Forecasts For 2023 Demand Uptick
Brent crude futures settled up $2.02, or 2.4%, to $82.70 per barrel, while U.S. West Texas Intermediate (WTI) crude futures settled up $1.94 to $77.28.
Auto · 20 Dec 2022
Oil Prices Slid 2% As Dollar Firms And Central Banks Hike Interest Rates
After rising for three straight days, Brent futures fell $1.49, or 1.8%, to settle at $81.21 a barrel, while U.S. West Texas Intermediate (WTI) crude fell $1.17,…