Auto News - Page 3

Honda, Nissan start talking merger as Japan's auto sector continues to struggle in the EV era
If finalised, the merger bewteen Honda and Nissan would unite the assets of Japan’s second- and third-largest carmakers, creating a more robust contender to challenge market leaders like Toyota, Tesla, and rising Chinese EV brands

President-elect Trump planning to reverse most Biden-era EV policies believing climate change is a 'hoax'
The Biden administration’s ambitious EV support, like the $7,500 tax credit for buyers and billions allocated for building charging networks, is also on Trump’s chopping block. In its place, the incoming administration plans to redirect funds towards boosting US production of batteries

The Anti Elon Tesla Club: How Tesla EV owners are distancing themselves from Musk over ties with Trump
Elon Musk’s outspoken political leanings and his strong ties to President-elect Donald Trump, have made owning a Tesla a rather complex symbol, because of an awkward clash between the brand’s identity and its CEO’s actions

Xiaomi's stocks jumped a record 103%, latest push powered by its latest EV ventures
The company’s rapid success in the EV market mirrors its meteoric rise in the smartphone industry. Xiaomi’s first smartphone, launched in 2011, quickly propelled it into the ranks of global giants like Apple and Samsung. Now, the company’s EV business is following a similar trajectory

Amazon Autos: E-commerce giant is now a car dealership, starts selling Hyundai cars in 48 US cities
Through Amazon Autos, customers can filter cars by make, model, trim, colour, and features. The platform also provides transparent pricing and an instant trade-in evaluation for current vehicles, calculated by an independent third party

Uber to roll out robotaxi service in Abu Dhabi soon, plans to go for completely driverless rides in 2025
The Abu Dhabi launch is part of Uber’s broader push to expand its presence in the autonomous vehicle market. The company already operates self-driving ride services in the US and plans to increase its partnerships with tech firms specialising in this field

BYD to outsell Ford, Honda, beat 2024 sales goals heartily as Tesla continues to struggle in China
By the end of November, BYD had already delivered 3.76 million vehicles, including over 500,000 units in November alone, putting it on track to surpass its 4 million sales goal for the year

Jaguar unveils its much-hyped concept EV named 'Type 00', expected to cost more than £100,000
Jaguar has undergone a major rebranding exercise and as part of it, has launched a new EV concept car called the 'Type 00.' Available in the colours, Miami pink and London blue, the cars have certainly set the stone rilling as far conversations are concerned

Tesla's Austin factory found to be in violation of several environmental guidelines
The Environmental Protection Agency (EPA) has since launched a criminal investigation into these allegations. Tesla’s actions in Austin extended beyond the factory floor, with a six-acre wastewater pond reportedly leaking untreated chemicals into the city’s sewer system

Elon Musk & Vivek Ramaswamy’s DOGE to scrutinise $6.6bn loan to Tesla rival Rivian by Biden admin
Ramaswamy criticised Biden's justification for Rivian's loan, which emphasised the creation of 7,500 jobs, as exorbitantly expensive. He argued that the cost per job was excessive and hinted that the loan may serve political purposes, particularly in weakening Musk’s Tesla

BYD prepares to go for the kill in Chinese EV market, leaked letter shows plans to intensify price war
BYD's aggressive pricing strategy appears to be paying off — the Chinese EV maker recently overtook Tesla in revenue for the first time, reporting a gross margin of 21.9 per cent, its highest in a year

The Musk Effect: Trump 2.0 is looking for ways to ease rules for self-driving cars
Musk, a key Trump donor and a growing influence within the president-elect’s circle, stands to benefit enormously from a lax autonomous vehicle policy. The Tesla CEO has heavily invested in self-driving technology, betting the company’s future on the success of driverless vehicles

GoI planning to revisit EV policy, in a bid to attract Tesla, other international automakers
Under the current Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI), companies can import electric vehicles at reduced customs duties if they commit to certain investment and localisation targets

MG Motor under Indian government’s scrutiny over ties with China, EV expansion plans on hold
JSW MG Motor India says it has obtained all necessary clearances required to complete the transaction and hopes that the government will approve its request. The company emphasised that support from the PLI scheme would play a crucial role in th the growth of its EV manufacturing

Xiaomi set to launch new SU7 Ultra EV, reportedly can hit 0-100 kmph in less than 2 seconds
Xiaomi has packed the SU7 Ultra with a powerful triple HyperEngine motor setup. This includes two V8s motors and one V6s motor, strategically placed across the front and rear wheels to deliver optimal performance. The motors generate a whopping 1,548 horsepower and 635 Nm of torque

Elon Musk admits Tesla's existing ‘self-driving’ cars may never actually drive by themselves
Tesla’s current vehicles operate on HW3, a computer system introduced in 2019. Customers with older HW2 systems were required to pay $1,000 for an upgrade. Musk warned that there’s a chance HW3 might never be able to handle unsupervised driving

In Tesla's best day in a decade, EV maker adds $150 billion to market cap as share price skyrockets
While Musk reiterated his vision of Tesla vehicles offering driverless ride-hailing services next year, regulatory hurdles could delay these ambitions. FSD remains a critical piece of Tesla’s long-term strategy, with analysts predicting it will play a significant role in boosting future profit margins

Qualcomm, Google to collaborate & develop AI voice systems for carmakers
As part of this rollout, Qualcomm introduced two new chips to support these systems. The Snapdragon Cockpit Elite chip will handle dashboard operations, while the Snapdragon Ride Elite will power autonomous driving features

Delhi to collect congestion charges using FastTag: Who will be charged, who are exempt?
This isn’t Delhi’s first attempt at introducing congestion charges though. A similar plan was proposed in 2018, targeting 21 high-traffic zones across the city, including key areas like Hauz Khas Metro, the ITO intersection, and the Aurobindo Chowk-Andheria More route

Hyundai India’s Rs 27,870 crore IPO oversubscribed by 2.28X, largely driven by institutional investors
With shares set to begin trading on October 22, the focus will shift to how Hyundai performs on its market debut. While retail investors have been cautious, the heavy institutional interest suggests optimism about Hyundai’s long-term growth

Tesla unveils new fully autonomous robotaxi, Elon Musk’s 'Cybercab' is a car with no steering wheel or pedals
Musk believes that instead of sitting idle in garages or parking lots for most of the day, autonomous vehicles like the Cybercab could be in constant use, making transportation more efficient and cutting costs for everyday travel. Musk claims the Cybercab will hit the market by 2027

Tesla to reveal Robotaxi today; Here's what to expect from EV-maker's most hyped launch in years
Though Tesla has kept most details under wraps, rumours are swirling about what the Robotaxi will look like and how it will operate. Speculation suggests that the autonomous vehicle may be called the “Cybercab” and could draw inspiration from the design of the futuristic Cybertruck

GPS spoofers, auto clickers; scammers are taking Uber-like ride-hailing apps for a ride using a variety of tools
Many fake cab drivers, use GPS spoofers, auto clickers and a bunch of other programmes to artificially manipulate driver availability and passengers to pump up their numbers and inflate surge pricing

Tesla recalls Cybertruck for the 5th time in less than a year, this time over fault in rear camera wiring
This latest recall adds to a series of problems for the Cybertruck, which has struggled with a variety of technical and safety issues since its release. Despite being highly anticipated, Tesla’s electric truck has faced numerous setbacks, raising eyebrows about its overall reliability

Tesla delivered more EVs than ever, but still missed projection because of Chinese EVs
One of the biggest hurdles for Tesla in recent quarters has been the aggressive expansion of Chinese automakers like BYD and Xpeng. Supported by local government subsidies, these companies have been able to offer competitively priced EVs, rapidly scaling their production

Bengaluru Police plans to use AI to hunt down traffic violators and manage congestion and jams
Bengaluru’s AI-powered enforcement system have already been impressive. In 2023 alone, the city’s traffic police booked nearly 9 million cases, collecting a record Rs. 185.1 crore in fines, most of which were issued through contactless enforcement

Anant Ambani, Murray Auchincloss inaugurate Jio-bp's 500th EV charging station at Jio World Centre in Mumbai
The new charging station will serve the Nita Mukesh Ambani Cultural Centre, Jio World Plaza, and Jio World Convention Centre, expanding the infrastructure in this prominent business district

US plans to ban all Chinese hardware and software in smart, connected vehicles
This ban would represent a substantial escalation in the US government's broader strategy to limit Chinese influence in critical technology sectors. It follows recent actions by the Biden administration, including tariff hikes on Chinese imports like EVs, batteries, and key minerals

Gurugram-based EV startup Warivo launches new CRX 2-wheeler EV, priced at Rs 79,999
The CRX boasts a top speed of 55 kmph and offers two distinct riding modes: Eco and Power. The scooter's battery life has been optimised for greater efficiency, allowing riders to make the most of each charge. Additionally, the CRX is equipped with data logging capabilities

3 reasons why European car companies like BMW, Volkswagen, and Porsche are in trouble
Consumer sentiment in China, political uncertainty and inflation in Europe, and tough competition from Asian companies have contributed to European auto manufacturers' woes