Automobile
From the latest car reviews to industry insights and cutting-edge technology, stay in the fast lane of automotive trends and innovations.
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LG to exit EV charger business amid global demand slowdown
Seoul: LG Electronics said on Tuesday it will exit the electric vehicle (EV) charger business, citing prolonged global demand stagnation in the EV market. The company’s EV charger-manufacturing subsidiary, HiEV Charger, will…
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Achieved sales of over 13 lakh electric vehicles in FY25: Centre
New Delhi: The Ministry of Heavy Industries has achieved sales of more than 13 lakh electric vehicles (EVs) in the just-concluded financial year 2024-25, marking a significant stride towards cleaner, greener and…
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Ola Electric misses cell manufacturing deadline at its Gigafactory
New Delhi: As it continues to struggle on various fronts amid job cuts, Ola Electric Mobility has now failed to kick off cell manufacturing at its Gigafactory on time. According to a…
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Hyundai, Kia post record sales in US in February
Seoul: Hyundai Motor, South Korea’s top automaker, saw its sales in the United States climb 3 per cent from a year ago in February, marking its biggest sales for the month, the…
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Global brokerages give thumbs up to India’s evolving EV policy
New Delhi: Global brokerages and financial services majors have hailed India’s evolving electric vehicle (EV) policy which would help companies like Tesla to enter the country in a seamless way. According to…
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Ola Electric sees dip in VAHAN registrations in Feb
New Delhi: Ola Electric Mobility Limited is expected to see a decline in VAHAN registrations for February and the company’s sales remain steady, according to the company’s exchange filing on Wednesday. The…
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Concerns raised over potential data leak to China via BYD cars
Seoul: With the recent entry by China’s BYD into South Korea’s passenger electric vehicle (EV) market, concerns have been raised over potential personal data leaks to China through the vehicles manufactured by…
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Hyundai to suspend Ioniq 5, Kona Electric production amid slowing EV demand
Seoul: Hyundai Motor will temporarily suspend production of its Ioniq 5 and Kona Electric models, as weakening electric vehicle (EV) demand continues to impact sales, according to industry sources on Friday. According…
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Hyundai’s US sales jump 15 pc YoY in January
Seoul: Hyundai Motor, South Korea’s top automaker, saw its sales in the United States climb 15 per cent from a year ago in January, marking its biggest sales for the month to…
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Indian automotive sector may see 70 pc workforce expansion in H2 FY25
Bengaluru: The Indian automotive sector, which contributes approximately 7 per cent to the country’s GDP, is likely to see 70 percent workforce expansion in the second half of FY25, a report showed…
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1 in every 2 cars to be a battery electric vehicle by 2035: Report
New Delhi: One out of every two cars sold globally is projected to be a battery electric vehicle (BEV) by 2035, a report said on Wednesday. Their sales are predicted to make…
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Honda aims to capture 40 pc of global bike market
New Delhi: Honda Motor Company has announced that for the current fiscal year ending March 31, its global motorcycle unit sales are expected to reach 20.2 million units, which is approximately a…
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US embassy cancels visa appointments in Colombia amid deportation dispute
Bogota: Visa appointments at the US Embassy in Colombia were cancelled Monday following a dispute over deportation flights from the US that nearly turned into a costly trade war between the two…
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Plug-in hybrid electric vehicles to drive global EV growth in 2025
Seoul: The global market for electric vehicles (EVs) is expected to see significant growth this year driven by the plug-in hybrid electric vehicle (PHEV) segment, while the battery electric vehicle (BEV) segment…