Auto News - Page 3

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

After 3 years, Ford in talks to restart vehicle production for exports from India

Ford Motor, a US automaker, had stopped making cars in India about three years ago after struggling to boost sales in a market dominated by Asian rivals

Massive number of Chinese auto customers are moving to hybrids, ditching their EVs

Chinese auto customers are moving away EVs in favour of hybrids. This is mainly owning to the fact that EV users in China still have to deal with crippling range anxiety at times, hybrids, have time and again proven to be much more reliable in general

After US, Canada hits Chinese EVs with 100% tariff, planning to impose a 25% duty on steel, aluminium

Although Chinese car brands are not yet widely seen in Canada, some, like BYD, are beginning to enter the market. China’s dominance in the global EV market, as the world’s largest producer, means that these tariffs could have broader implications for the industry

Elon Musk, EU worried as China’s BYD surges past Japan’s Honda, Nissan, becomes 7th largest automaker

BYD’s rapid ascent in the automotive rankings is particularly notable as many leading global automakers, including industry giants like Toyota Motor and Volkswagen Group, experienced declines in the same period

Lamborghini launches the new Urus SE hybrid performance SUV starting at Rs 4.57 Crore

As Lamborghini's latest high-performance hybrid, the Urus SE blends impressive power with eco-friendly technology. It features a 4.0-litre V8 twin-turbo petrol engine paired with an electric motor, boasting a total output of 800hp and 950Nm of torque, and a top speed of 312kph

China's BYD wants car plant in Pakistan that can't charge its EVs yet coz...

BYD is the first major new electric vehicle (NEV) entrant in the Pakistani market, where there is a lack of charging infrastructure

Elon Musk hates subsidies, wants them gone. Tesla wouldn't be here had it not been for US govt aid

Tesla's reliance on government support and subsidies remains evident. The company continues to lobby for stricter emissions regulations, which not only support environmental goals but also increase the value of the regulatory credits Tesla sells to other automakers

EV maker Ather becomes India's latest unicorn after raising $71 million from GoI's NIIF

This milestone for Ather Energy comes as the company solidifies its position in the rapidly growing electric vehicle (EV) market in India. NIIF, which first invested in Ather in May 2022, has once again shown confidence in the company by leading this funding round

UP to waive registration tax on hybrid cars, major win for Toyota, major setback for Tata, Mahindra

Toyota, a key player in the hybrid car market, will benefit massively from this decision. The waiver should make their hybrid vehicles cheaper by at least 10 per cent. Other manufacturers like Kia, Tata, & Mahindra, invested heavily in EVs, see this as a setback

Tesla may recall all vehicles in China, push software patch for 1.68 million EVs to fix key issue

Earlier this year, Tesla recalled 1.6 million vehicles in China to address issues with its Autopilot assisted driver system, aimed at reducing the risk of crashes. Yet, Tesla has been a dominant player in China's premium electric vehicle (EV) market for years now

Ferrari was about to fall victim to deepfakes, lose millions. Here’s how an executive stopped it

To verify the caller's identity, the executive asked a specific question about Chief Executive Officer Benedetto Vigna, the man the scammers claimed to be. The answer was something only Vigna could answer

Union Budget 2024: Will Modi 3.0’s first budget power-up the EV Sector?

With the Modi government entering its third term, stakeholders in the EV industry are hopeful that the new budget will provide the boost needed to accelerate India's transition to electric mobility

State governments across India are trying to lure Tesla's local suppliers to set up factories

Recently, three of Tesla's suppliers conducted site visits in Gujarat. These suppliers work on various components and also supply to other auto companies, showing keen interest in Gujarat for their operations

Tesla shares tumble as Elon Musk delays robotaxi launch amid rising doubts over autopilot

Tesla is one of the ten most expensive stocks in the S&P 500 Index, surpassing other major tech companies in terms of valuation. This move by UBS reflects broader concerns about the high valuations of companies linked to AI technology

Hyundai looks to spend $2.4 billion in developing EVs for India as it eyes $3.5 billion IPO

Traditionally, Hyundai has competed closely with Tata Motors for the number two spot. However, Mahindra, known for its robust sport utility vehicles (SUVs), has been steadily gaining ground as Indian consumers show a growing preference for larger passenger vehicles