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Indian consumers' rising preference for Hybrid EVs: Deloitte | The survey also emphasises the importance of responsible battery management, with customers anticipating proactive measures from vehicle dealers, EV battery manufacturers and battery recycling companies. It also shows a definite preference for hybrid technology in future vehicle purchases, despite ongoing issues with infrastructure availability, battery safety and charging times. | ['automobile', 'technology'] | 2024-03-12 |
10 Lakh Hyundai Creta on Indian roads now as 10 lakh units sold | Hyundai India has announced that its popular Creta SUV has crossed total sales of 10 lakh units since launch in 2015, selling 1 unit every 5 minutes. The Creta has dominated the mid-size SUV segment for 8 straight years. Meanwhile, the all-new 2024 Cretamodel has already garnered 60,000 bookings within a month. | ['automobile'] | 2024-03-12 |
Hyderabad-based EV startup PURE EV raises $8M from BCCL, others | Hyderabad-based EV maker PURE EV has raised $8 million in a funding round led by Bennett Coleman and Company Limited, Hindustan Times Media Ventures, and Ushodaya Enterprises Private Limited, others has introduced new electric motorcycles and India's first e-scooter with a driving range of over 200 kilometres, integrating AI into their powertrain platforms. | ['automobile', 'business', 'startup'] | 2024-03-12 |
UP tops list of states in vehicle sales in Oct-Dec 2023, Maha ranks 2nd | Uttar Pradesh recorded the highest vehicle sales in October-December 2023, according to data from Society of Indian Automobile Manufacturers (SIAM). Over 8.22 lakh vehicles were sold in UP, followed by Maharashtra (6.88 lakh), Gujarat (4.21 lakh) and Tamil Nadu (4.19 lakh). In terms of passenger vehicle sales, Maharashtra topped the list with 1.21 lakh units. | ['automobile'] | 2024-03-12 |
Maruti's new sub-4 metre SUV will challenge Tata Punch | Maruti Suzuki plans to launch sub-4-metre micro SUV, codenamed Y43, to compete in India's compact SUV segment. Equipped with Z-Series petrol engine, compliant with BS6 and CAFE Phase 2 norms. Positioned below Brezza and Fronx, aiming for affordability and broad customer appeal. Part of Maruti's Vision 3.0 to double production capacity, triple exports, and expand portfolio to 28 models. | ['automobile', 'business'] | 2024-03-12 |
'Tesla Cybertrucks are rusting,' complain some owners: Report | Tesla's newly-released Cybertrucks are showing signs of rust, reports said citing complaints of some owners on Cybertruck Owners Club forum. Sharing images of tiny brown spots on the vehicle, one owner wrote, "Some images after a dish soap wash. Cybertruck was driven two days in rain." The vehicle, which features a stainless steel body, has a starting price of $60,990. | ['automobile', 'business'] | 2024-03-12 |
Centre asks states to allow 2-wheelers to ply as bike taxis | The Centre has asked states to allow two-wheelers to ply as bike taxis, saying that such two-wheelers also fall within the definition of 'contract carriage' as per the Motor Vehicles Act, 1988. "All states/UTs are advised to accept and process applications for contract carriage permits for motorcycles," the Centre's advisory said. A Rapido spokesperson called the advisory "incredibly encouraging". | ['automobile', 'business', 'startup'] | 2024-03-12 |
Thousands of Porsche, Bentley, Audi cars impounded in US over a Chinese part | Thousands of Porsche, Bentley and Audi vehicles had been impounded at US ports, the Financial Times reported. The vehicles were impounded after a supplier to parent company Volkswagen discovered a Chinese-made subcomponent inside the vehicles that was in breach of labour laws. Volkswagen said the issue was related to a small electronic component that is being replaced as parts arrive. | ['automobile', 'business'] | 2024-03-12 |
Mercedes-AMG Petronas unveil W15 for F1 2024 season | Mercedes-AMG Petronas F1 unveiled their W15 car for the 2024 season at an event in Silverstone track alongside Toto Wolff, Lewis Hamilton, and George Russell. The new car can be considered an amalgamation of Mercedes' previous few cars as it features a silver hue on the front panel, while the remaining livery is predominantly black with teal and red accents. | ['automobile', 'sports'] | 2024-03-12 |
India`s Eicher Motors beats Q3 profit estimates | Indian automaker Eicher Motors reported a better-than-expected third-quarter profit on Tuesday, on the back of steady demand for its premium Royal Enfield motorcycles and higher commercial vehicle sales.The company's profit rose 34.4% to 9.96 billion rupees ($120 million) in the three months to Dec. 31, beating analyst estimates of 9.89 billion rupees, as per LSEG data. | ['automobile', 'business'] | 2024-03-12 |
Scuderia Ferrari unveils SF-24 car for F1 2024 season | Ferrari has unveiled their Formula One car, SF-24, for the 2024 season. The Prancing Horse made headlines ahead of the upcoming season after completing a historic move to sign Lewis Hamilton. Coming back to SF-24, Scuderia Ferrari has stayed true to the iconic ' Rosso Corsa' red for the majority of the car alongside some yellow pinstripes and carbon accents. | ['automobile', 'sports'] | 2024-03-12 |
Maruti Suzuki: Electric air opters for rooftop takeoff and landing | Maruti and Suzuki collaborate on electric air copters, bridging the gap between drones and helicopters. Intended for urban mobility, these vehicles promise efficiency and affordability. Launching initially in Japan and the US, with plans for India, they aim to revolutionize transportation. Lightweight design and reduced parts contribute to lower costs and accessibility in congested areas. | ['automobile'] | 2024-03-12 |
India's Most Modified Hyundai Xcent Taxi: A Unique Cab Story | Check out the unique Hyundai Xcent Taxi modified to look like a sportscar, a rare gem in the world of Ola, and Uber taxis in India. Big fat alloy wheels, Veilside-inspired widebody kit, 4 titanium tip exhausts, eye lids, DRLs with a unique White and yellow across and lowered suspension kit. | ['automobile', 'Feel_Good_Stories', 'hatke', 'Lifestyle', 'travel'] | 2024-03-12 |
FAME subsidies to apply on ex-factory rates, not ex-showroom: Govt | Centre has modified rules that'll be applicable on subsidies given to EVs under the FAME II scheme. According to a notification, the subsidies will be applicable on electric three and four-wheelers' "ex-factory price", which is the price of vehicle at factory gate before applicable taxes. Meanwhile, for electric two-wheelers, demand incentive will be ₹10,000/kWh up to 15% of ex-factory price. | ['automobile', 'business'] | 2024-03-12 |
Self-driving car set on fire by crowd in US; pic surfaces | A Waymo self-driving car was vandalised and set on fire using a firework by a crowd in San Francisco, US, the Alphabet-owned company and authorities said. This marks the most destructive attack so far on driverless vehicles in the US. An eyewitness said people were celebrating China's Lunar New Year by setting off fireworks when they began vandalising the car. | ['automobile', 'technology'] | 2024-03-12 |
In pics: Vintage car rally in Delhi | Union Minister Hardeep Singh Puri flagged off the 57th Statesman Vintage & Classic Car Rally at Connaught Place, New Delhi, on Sunday. More than 150 vehicles participated in the rally, including 1936 Rolls Royce, 1938 Mercedes, and 1937 Dodge. Puri said that he suggested to the owner of a 100-year-old Rolls Royce to convert the engine to run on ethanol. | ['automobile', 'national'] | 2024-03-12 |
Hyundai picks JPMorgan, Citi for $3 billion IPO in India: Report | Hyundai Motor has appointed investment bankers JPMorgan Chase & Co and Citigroup to advise on its Indian unit's IPO, Reuters reported. It is considering to raise $3 billion through IPO, which could be India's largest, and value the local unit at up to $30 billion, the report said. Hyundai is expected to file draft IPO papers by May or June. | ['automobile', 'business'] | 2024-03-12 |
'Mr Bean' actor Rowan Atkinson blamed for poor electric car sales in the UK | 'Mr Bean' actor Rowan Atkinson has been blamed for "damaging" the reputation of electric vehicles and contributing to their poor sales in a report by the UK's House of Lords. Green Alliance think tank referred to an article written by Atkinson in The Guardian in 2023, wherein he'd called electric cars "soulless" and said he had felt "duped" by EVs. | ['automobile', 'world', 'entertainment'] | 2024-03-12 |
Tesla may do layoffs, asks managers to name critical jobs: Report | Billionaire Elon Musk-led Tesla could conduct layoffs after managers were asked whether each of their employees' positions were critical, Bloomberg reported. The automaker reportedly sent a single-line query for each role after cancelling some employees' biannual performance reviews. This comes after Musk recently warned that sales growth would be "notably lower" this year. | ['automobile', 'business'] | 2024-03-12 |
Yamaha Motor, others invests $40M in Bengaluru's EV startup River | River, a Bengaluru-based electric vehicle (EV) startup, has raised $40 million in a Series B funding round led by Yamaha Motor Co., Ltd, with participation from existing investors, including Al-Futtaim Automotive, Lowercarbon Capital, Toyota Ventures, and Maniv Mobility. The startup will focus on distribution and service network throughout India, aiming to establish a stronger market presence. | ['automobile', 'business', 'startup'] | 2024-03-12 |
Tesla sells 1 EV in S Korea in Jan amid price rise, safety concern | Elon Musk's Tesla sold only one electric vehicle in South Korea in January amid rising safety concerns, price rise, lack of charging infrastructure and more. This marks the worst sales figure since July 2022 when the automaker had sold no vehicles in South Korea. Sale of all EVs fell 80% in January from December in South Korea, data showed. | ['automobile'] | 2024-03-12 |
EV charging stations in India reach 12,146: State-wise breakdown | India's electric vehicle (EV) charging infrastructure hits 12,146 stations as of February 2, 2024, with Maharashtra leading at 3,079. Delhi, Karnataka, Kerala, and Tamil Nadu follow, marking a nationwide push for sustainable transportation. The expanding network signals India's commitment to fostering EV adoption and environmental stewardship. | ['automobile'] | 2024-03-12 |
Tata Group becomes 1st Indian conglomerate to cross ₹30 lakh crore in market cap | The combined market capitalisation of Tata Group companies crossed ₹30 lakh crore on Tuesday, becoming the first Indian conglomerate to achieve this feat. The market capitalisation touched a high of ₹30.52 lakh crore intraday and later closed at ₹30.38 lakh crore. Notably, shares of TCS surged over 8% this year, whereas Tata Motors and Tata Power are up 19% each. | ['automobile', 'business'] | 2024-03-12 |
Videos show people driving Teslas wearing VR headsets on US roads | Several videos of people driving Tesla cars on the US roads while purportedly wearing Apple's Vision Pro headset have gone viral on social media. "Reminder—ALL advanced driver assistance systems available today require the human driver to be in control and fully engaged in the driving task at all times," US Transportation Secretary Pete Buttigieg responded to a video on X. | ['automobile', 'technology'] | 2024-03-12 |
Data privacy in EVs: a competitive edge for car makers | The rise of electric vehicles (EVs) brings data privacy and cybersecurity concerns. EVs, like smart devices, collect extensive user data, raising privacy issues. The new Data Protection Act mandates informed consent for data usage. Car manufacturers embracing transparent data practices could gain a competitive advantage, especially with privacy-conscious younger consumers. | ['automobile', 'business'] | 2024-03-12 |
Paris set to triple parking fees for SUV drivers after vote | Heading into Paris in the comfort of a big car appears set to become an expensive endeavor after voters approved a referendum on Sunday, with on-street parking fees that will rise above euro100 ($108) for just a few hours of shopping or errands.Nearly 55% of those who voted approved a proposal to raise the base price to euro18 an hour. | ['automobile', 'world'] | 2024-03-12 |
Karnataka Govt implements uniform fares for Uber, Ola & other Cabs | The Karnataka government has introduced uniform pricing for ride-hailing services, categorizing vehicles into three price brackets based on cost. This move aims to eliminate pricing discrepancies, ensuring fair and transparent charges. With standardized fare structures, both passengers and ride-hailing services benefit from a clear and uniform framework, enhancing customer satisfaction and trust. | ['automobile', 'national'] | 2024-03-12 |
Apple ramps up its `secret` self-driving car testing | Apple has ramped up its self-driving car testing and has logged over 450,000 miles of autonomous driving in the US from December 2022 to November 2023.Data submitted by Apple with the California Department of Motor Vehicles (DMV) showed that Apple tested its autonomous car more than ever last year, reports Wired. | ['automobile'] | 2024-03-12 |
PM Modi announces plan for 1,000 highway resting facilities | Prime Minister Narendra Modi announces a groundbreaking plan for 1,000 modern resting facilities along highways, addressing the dearth of spaces for truck, bus, and taxi drivers. Emphasizing driver well-being and road safety, these facilities offer essential amenities. The initiative aims to ease travel for drivers and reduce road accidents. | ['automobile', 'national'] | 2024-03-12 |
Tesla recalls nearly all US cars over font size of warning lights | Tesla is recalling nearly all vehicles it has sold in the US after federal regulators said some brake warning lights on the instrument panel are too small, increasing the risk of a crash. Tesla has issued a software update to make the font bigger in a recall affecting nearly 2.2 million cars. No accidents have been associated with the problem. | ['automobile', 'business', 'technology'] | 2024-03-12 |
Ola Electric launches S1X variant with 190Km range; Know the price | Ola Electric recently unveiled a 4 kWh variant of its S1X scooter. The new variant, priced at Rs 1,09,999, is built on the Gen-2 platform, featuring a 6kW motor that enables it to achieve a range of 190 km on a single charge. It can achieve a quick acceleration from 0-40km/h in 3.3 seconds and a top speed of 90km/h. | ['automobile', 'business', 'startup'] | 2024-03-12 |
Govt cuts FAME scheme's allocation by 44% to ₹2,671 cr for FY25 | Centre has reduced budget allocation for Faster Adoption and Manufacturing of EVs (FAME) scheme by nearly 44% to ₹2,671.33 crore for FY25, which may result in a slowdown in adoption of EVs in India. In 2023-24, government allocated revised estimate of nearly ₹4,807 crore for FAME scheme. The actual estimate of budget allocation for FAME in 2022-23 was ₹2,402.51 crore. | ['automobile', 'Union_Budget_2024', 'business'] | 2024-03-12 |
Automobile PLI's budget allocation for FY25 hiked 623% to ₹3500 cr | Budget allocation for PLI scheme for automobiles and automobile component has been hiked by nearly 623.50% to ₹3,500 crore for FY25. The revised estimate of the scheme's budget allocation for FY24 was ₹483.77 crore, nearly 20% lower than the budget estimate of ₹604 crore for the same year. The actual budget allocation for FY23 for the scheme was ₹5.69 crore. | ['automobile', 'Union_Budget_2024', 'business'] | 2024-03-12 |
How to Transfer Your PayTM FASTag Account | In the wake of RBI's recent directive to Paytm Payments Bank, many FASTag users are pondering their options after February 29, 2024. We give you the steps to transition your FASTag from Paytm to another bank, ensuring uninterrupted travel on highways and toll plazas. Can you transfer the balance to your new FASTag account? Find out inside. | ['automobile', 'technology'] | 2024-03-12 |
Toyota world's top-selling car company for 4th straight year | Toyota Motor sold a record 1.12 crore vehicles in 2023, the automaker said on Tuesday, taking the crown as the world's top-selling automaker for a fourth straight year. The Japanese automaker reported a 7.2% jump in global group sales last year. Second-ranked German rival Volkswagen Group reported a 12% rise in deliveries last year to 92 lakh cars. | ['automobile', 'business'] | 2024-03-12 |
Ulbrich Leads VW's Tech Development in China | Volkswagen appoints Thomas Ulbrich to spearhead Technical Development in China, reinforcing its commitment to the market. The move aims to achieve high localization and advance smart e-mobility, aligning with the "In China, for China" strategy. Ulbrich, an experienced leader, will focus on developing specific models and streamlining processes. | ['automobile'] | 2024-03-12 |
Ola launches E-Bike services in Delhi and Hyderabad: Details here | Ride-hailing giant Ola has rolled out e-bike services in Delhi and Hyderabad, offering competitive fares starting at ₹25 for 5 km. Plans include deploying 10,000 electric two-wheelers in Bengaluru, Delhi, and Hyderabad over the next two months. Ola claims the largest EV 2W fleet in India, aligning with its comprehensive growth strategy. | ['automobile'] | 2024-03-12 |
New E-scooter from Hero converts into e-rickshaw in 180 seconds | Surge's uniquely convertible S32 EV lets owners toggle between goods rickshaw and electric scooter modes in minutes via an innovative shape-shifting design. As per needs, it promises efficient last-mile mobility with functional ride capacities and features in both commercial carrier and performance bike configurations. | ['automobile'] | 2024-03-12 |
Staff will be sleeping on the line: Musk on next-gen EV production | World's richest man Elon Musk, who previously said he sometimes slept on a couch at X (formerly Twitter) office, said in order to begin production of the next-generation EVs, Tesla workers will be sleeping on the line. "We really need the engineers to be living on the line. This isn't sort of an off-the-shelf 'it-just-works' type of thing," Musk said. | ['automobile', 'business'] | 2024-03-12 |
Tesla erases $80-bn investor wealth as Musk warns of slowing sales | Shares of Tesla fell over 12% on Thursday after CEO Elon Musk warned sales growth would slow this year despite price cuts that have already affected profits at the EV-maker. The stock slump wiped over $80-billion investor wealth, pushing its market capitalisation loss for January to about $210 billion. This was Tesla's sharpest intraday percentage loss in over a year. | ['automobile', 'business'] | 2024-03-12 |
No abuse of dominance: CCI on rejecting plea against Ola, 3 others | The Competition Commission of India has dismissed a plea that accused four two-wheeler EV makers of abusing their dominant position in the market. The plea claimed Ola Electric, Ather, Hero MotoCorp and TVS Motor were misusing the FAME subsidy to under-price vehicles and restrict small automakers. "None of the market players appear to have a stable market share," CCI noted. | ['automobile', 'business', 'startup'] | 2024-03-12 |
Tesla may skip 1st Bharat Mobility Global Expo: Report | Tesla might skip the first edition of the upcoming Bharat Mobility Global Expo, Moneycontrol reported. The report stated that other global EV makers like Vietnam's VinFast and China's BYD are likely to attend the event. This comes amid Elon Musk-led Tesla holding meetings with Indian officials to set up its first plant in the country. | ['automobile', 'technology'] | 2024-03-12 |
China automakers will demolish rivals without trade barriers: Musk | Tesla CEO Elon Musk on Wednesday said Chinese automakers will "pretty much demolish most other car companies in the world" without trade barriers. "They're extremely good," he added. This comes as BYD overtook Tesla as world's top-selling EV maker. Commenting on Musk's remarks, Chinese foreign ministry said it wishes to "maintain a fair, just and open business environment". | ['automobile', 'business'] | 2024-03-12 |
Apple delays car launch to 2028: Report | Apple is simplifying the design of its in-development electric vehicle and delaying its release from 2026 to 2028, Bloomberg reported. After previously envisioning a 'truly driverless car' without pedals or a steering wheel, Apple is now working on an electric vehicle with more limited features. Apple is reportedly shifting from Level 4 to Level 2+ self-driving for the car. | ['automobile', 'business', 'technology'] | 2024-03-12 |
Tata Motors Raises Prices by 0.7% from Feb 1 | Tata Motors raises vehicle prices by 0.7% from Feb 1 citing rising input costs. The hike varies by model. Popular models like Nexon, Harrier, Safari, and Punch EV are affected. Tata Motors, a key player in India, sells a diverse range of ICE cars and has a significant presence in the EV market. | ['automobile', 'national'] | 2024-03-12 |
JSW Group invests Rs 40,000 Cr in India's EV Revolution | JSW Group commits Rs 40,000 Cr ($4.81B) for EV projects in Odisha, eyeing 30% market share by 2023. Plans include a battery plant, EV components plant, and a joint venture with SAIC Motor. India debates reducing import taxes on EVs, impacting potential Tesla entry, with major players like Tata, Mahindra & Mahindra, and Hyundai advocating to maintain current policies. | ['automobile', 'business'] | 2024-03-12 |
Odisha govt approves incentives for JSW Group's EV, component unit | Naveen Patnaik-led Odisha government has approved a special incentive package for the Sajjan Jindal-led JSW Group's electric vehicle and component manufacturing projects in Naraj, Cuttack and Paradip. The projects entail a combined investment of ₹40,000 crore and hold the potential to create over 11,000 jobs. The group's Naraj project will be world's largest single-location project in the sector. | ['automobile', 'business'] | 2024-03-12 |
E-Scooter explodes, consumer court orders Rs 10 Lakh compensation | Telangana consumer court ordered Chinese EV maker Benling India and dealer to jointly compensate Rs 10 lakh to a consumer whose electric scooter faced battery explosion and fire last February, destroying the vehicle. Benling failed to investigate the incident or respond to commission notices, demonstrating disregard for consumer safety according to ruling which strengthens EV user protection. | ['automobile', 'business'] | 2024-03-12 |
"Armada" Can Be The New Mahindra Thar 5-Door Variant | Mahindra will commence production of the widely anticipated Thar 5-door SUV in June 2024, as per reports. Monthly manufacturing targets are pegged at 4,000 units. Trademarked name options include Thar Armada for the new variant set to get feature additions like touchscreen, sunroof over current model as revealed in spy shots, while retaining familiar engine choices. | ['automobile'] | 2024-03-12 |
These new batteries from MIT may soon be on future Lamborghini EV | Lamborghini has partnered with MIT to license a new battery technology called TAQ, seeking an alternative to the popular Lithium-ion batteries. This TAQ battery offers higher capacity and fast-charging features, potentially enhancing power and efficiency in Lamborghini's future vehicles. | ['automobile'] | 2024-03-12 |
Bloodbath coming if EV price cuts disregard costs: Stellantis CEO | Stellantis CEO Carlos Tavares said the electric vehicle industry will have a "bloodbath" if automakers "cut pricing disregarding the reality of" their costs. "I am trying to avoid a race to the bottom," he added. "I know a company that has brutally cut pricing and their profitability has brutally collapsed," he said without mentioning any name. | ['automobile', 'business', 'technology'] | 2024-03-12 |
Telangana in active talks with China's BYD, Musk's Tesla: CM Reddy | Speaking to a select audience at the Indian High Commission in London, Telangana Chief Minister Revanth Reddy said the state is in active communication with Elon Musk's Tesla and Chinese automaker BYD. Notably, Indian government rejected BYD's offer to set up $1-billion manufacturing plant in July, and Tesla is reportedly in talks to set up its first plant in India.
| ['automobile', 'business', 'national'] | 2024-03-12 |
Bengaluru's cab driver designs paddle shifter due to shoulder pain | In Bengaluru, an Uber driver named Durai has created a buzz with his ingenuity. Durai, suffering from shoulder pain, designed paddle shifter for his car to ease the discomfort while changing gears. The invention, which cost him Rs 9K, was discovered by a techie 'Parth Parmar' during a ride to HSR Layout. "No dearth of talent in India," Parth wrote. | ['automobile', 'startup'] | 2024-03-12 |
Garage Roof Falls, Thar Survives, Wins Owner's Trust | A Mahindra Thar owner recently shared their experience of how the vehicle withstood a garage roof collapse with minimal damage, reinforcing their trust in the Thar's durability. The incident, which saw the Thar's hardtop and engine bonnet absorb the impact, highlighted the vehicle's robust build and safety features, earning it praise and bolstering its reputation for resilience and reliability. | ['automobile'] | 2024-03-12 |
No exclusive incentive for Tesla to make cars in India: DPIIT Secy | Speaking on Tesla's reported manufacturing unit in India, Department for Promotion of Industry and Internal Trade (DPIIT) Secretary Rajesh Kumar Singh said it's still at negotiation stage. "Whatever incentive mechanisms are put in place by the government will be applicable for all players and not only for any particular company," he said at the World Economic Forum in Davos. | ['automobile', 'business'] | 2024-03-12 |
Over 1,00,000 cars sold domestically, 44,248 cars exported in 2023 | Skoda Auto Volkswagen India (SAVWIPL) achieves a milestone, surpassing 1,00,000 units in domestic sales for two consecutive years. With a 32% YoY export growth and double-digit surges in luxury brands like Audi and Porsche, the Group charts a robust course for 2024. Piyush Arora, MD & CEO, emphasizes expansion, innovation, and commitment to excellence. | ['automobile', 'national'] | 2024-03-12 |
Tata Punch.ev hits indian roads: Launch price at Rs 10.99 lakh | Tata Passenger Electric Mobility Ltd (TPEM), a subsidiary of Tata Motors, has unveiled the Punch.ev, a groundbreaking electric vehicle powered by the cutting-edge Pure EV architecture – acti.ev. Priced at an introductory ₹10.99 lakh, the Punch.ev boasts versatility with three variants and offers an impressive range of up to 421 km. | ['automobile', 'national'] | 2024-03-12 |
FASTags with incomplete KYC to be deactivated after January 31 | The National Highways Authority of India (NHAI) has announced that FASTags with valid balance but with incomplete KYC will get deactivated by banks post January 31, 2024. To avoid the deactivation, NHAI said users must ensure that KYC of their latest FASTag is completed. Only the latest FASTag account shall remain active as previous tags will be deactivated/blacklisted, NHAI added. | ['automobile', 'business'] | 2024-03-12 |
Bengaluru overtakes Delhi as city with highest number of private cars in India | Bengaluru has overtaken Delhi in terms of the city with the highest number of private cars. According to the Delhi Statistical Handbook 2023, the number of private cars in the national capital fell to 20.7 lakh as of March 2023 due to the de-registration and scrapping of old vehicles. Comparatively, Bengaluru has roughly 23 lakh private cars in the city. | ['automobile', 'national'] | 2024-03-12 |
Tesla to invest $30 billion in India over next 5 years: Reports | Tesla is in advanced talks to enter Indian market and may invest nearly $30 billion (around ₹2.5 lakh crore), directly and indirectly, over next five years, reports claimed. The investment comprises $3 billion to produce a new small car from an Indian plant, $10 billion from partners to support this venture and $15 billion in battery industry ecosystem, reports added. | ['automobile', 'business', 'national'] | 2024-03-12 |
In future, drones will take people from city to airport: Gadkari | Speaking in Nagpur at the inauguration of AAR Indamer MRO Facility, Minister of Road Transport Nitin Gadkari has said drone manufacturing is moving fast in India. "In due course of time we will have drones [which will have] the capacity [to commute] four people. We will be able to travel from city area to airport by drones," he added. | ['automobile', 'business', 'national'] | 2024-03-12 |
Electric double-decker bus catches fire in UK, 'huge bang' heard | An electric double-decker bus burst into flames in London on Thursday morning. "We heard a huge bang. We were terrified," a local resident told the media. Authorities said passengers were quickly evacuated and no one was injured. "Safety is our top priority and we are working with the operator...and the bus manufacturer...to investigate what happened," Transport for London said. | ['automobile', 'world'] | 2024-03-12 |
Hyundai unveils concept EV that can drive sideways, diagonally | Hyundai Mobis unveiled a concept electric car named MOBION during the CES 2024. The car is equipped with 'e-Corner System' technology, which allows it to move sideways, diagonally and take stationary pivot turns. All four wheels of the concept car feature individual motors, which allow the wheels to generate their power independently. | ['automobile', 'technology'] | 2024-03-12 |
Flying car concept unveiled at CES 2024, video surfaces | Chinese electric vehicle maker Xpeng on Tuesday unveiled a flying car concept at CES 2024. The AeroHT eVTOL (electric vertical take-off-landing), which has propellers that pop out, has been demoed for flying in China but didn't take flight at CES. Xpeng also unveiled Land Aircraft Carrier which will start taking pre-orders in the fourth quarter of 2024. | ['automobile', 'business', 'technology'] | 2024-03-12 |
GMR School of Aviation to launch in July 2024 | In a groundbreaking move, GMR Aero Technic — the airframe Maintenance, Repair and Overhaul (MRO) facility based at Rajiv Gandhi International Airport, Hyderabad — has announced the launch of the GMR School of Aviation, offering a comprehensive four-year Aircraft Maintenance Engineering (AME) programme. It is a first-of-its-kind aviation school located within the GMR Aerospace and Industrial Park. | ['automobile'] | 2024-03-12 |
Gautam Singhania: From flashy lifestyle to controversies | Gautam Singhania, Raymond Group Chairman & MD recently paid a huge penalty price of 328 crore rupees, leading to curiosity in people to know his net worth and details about the luxurious cars he owns. From lavish lifestyle to controversies, take a glimpse at the life of the industrialist. | ['automobile', 'business', 'Lifestyle'] | 2024-03-12 |
Experience the pinnacle of luxury with the new GLS: Mercedes-Benz | Mercedes-Benz launched its new GLS in India, starting at ₹1.32 cr. Packed with more power, it retains its dominant exterior design with the grille that's inspired by the iconic G and features Mercedes-Maybach inspired luxury appointments and trims, Mercedes-Benz said. The new Rear Seat Entertainment System & Burmester®️ Surround Sound up the game for in-car entertainment, the luxury carmaker added. | ['automobile'] | 2024-03-12 |
Sony drives EV with PlayStation controller at CES 2024, video out | Sony drove its new electric vehicle Afeela on the stage of CES 2024 with a PlayStation controller. Sony Honda Mobility President Izumi Kawanishi, sharing the progress of Afeela, demonstrated the latest prototype of the EV by driving it with the controller. However, he clarified that the remote-controlled demo was only meant for the event. | ['automobile', 'technology'] | 2024-03-12 |
BluSmart signs MoU to train 250 women drivers | Ride-hailing service and EV charging network BluSmart has signed a memorandum of understanding (MoU) with Automotive Skill Development Council (ASDC), a skill development council for the automotive sector. Under Project Sakhi, BluSmart and ASDC will upskill and train 250 women in Delhi-NCR. The primary objective of this collaboration is to provide employment opportunities. | ['automobile', 'business', 'startup'] | 2024-03-12 |
If Tesla wants to produce in progressive state, it's TN: TRB Rajaa | Tamil Nadu Minister for Industries TRB Rajaa, reacting to reports of Tesla's manufacturing unit in Gujarat, said, "If Tesla...is interested in manufacturing in a green, clean, and progressive state with upcoming policies on diversity, equity and inclusion (DE&I)...Tamil Nadu is the answer," he said. "If a company recognises the value [in Tamil Nadu]...we extend an invitation," he added. | ['automobile', 'business', 'national'] | 2024-03-12 |
Multibagger EV stock dispatches 3,543 units of electric 2-wheelers | Wardwizard Innovations & Mobility Ltd (WIML), a prominent manufacturer of electric vehicles under the ‘Joy e-bike’ brand in India, capped off a stellar year with December sales surging 38%, reaching 3,543 units. This momentum reflects the company's impressive performance throughout 2023, with a total of 23,926 electric two-wheelers sold. Strong demand and a nationwide network fuelled this success. | ['automobile', 'business'] | 2024-03-12 |
UK's BT to turn old telecom street cabinets into EV chargers | UK telecom firm BT Group will be turning old metal street cabinets, which are used to store broadband and phone cabling, into EV charging points. The first converted cabinet will be installed in Scotland within weeks as part of a pilot programme. BT hopes up to 60,000 street cabinets could be converted to plug a shortfall in EV chargers. | ['automobile', 'technology'] | 2024-03-12 |
Zoomcar Inc ceases to be Mahindra & Mahindra's associate firm | Mahindra and Mahindra (M&M) said Zoomcar Inc has ceased to be its associate firm after it completed its merger process with multiple firms. M&M held 4.66 lakh Zoomcar India shares (9.83% shareholding) and will now receive 11.77 lakh shares of the merged entity (1.04% shareholding). M&M's other arm Mahindra Overseas Investment will hold 2.52 lakh shares (0.22% shareholdings) following merger. | ['automobile', 'business', 'startup'] | 2024-03-12 |
Vietnam's VinFast to invest $2 billion for EV plant in Tamil Nadu | Vietnamese EV-maker VinFast said it plans to invest $2 billion for setting up a manufacturing plant in Tamil Nadu's Thoothukudi and has signed an MoU with the state government for the same. Construction of the integrated vehicle facility, with annual capacity of 1.5 lakh units, is expected to begin this year. VinFast also intends to inaugurate a nationwide dealership network. | ['automobile', 'business'] | 2024-03-12 |
Vietnam's VinFast to build global EV factory in Tamil Nadu: Report | Vietnam's VinFast will build a global manufacturing facility at a 400-acre site in Tamil Nadu in 2024's second half, Moneycontrol reported. VinFast's top management, including Chairman Pham Nhat Vuong, may come to India soon and an MoU will be signed between VinFast and Tamil Nadu government. The unit will house a battery-making unit and a vehicle-manufacturing assembly line too. | ['automobile', 'business'] | 2024-03-12 |
Tesla to recall 16 lakh cars in China to fix steering software | Tesla is recalling more than 16 lakh electric vehicles in China, the country's market regulator said Friday, owing to software issues that could pose safety risks while driving. The recall, triggered by the discovery of problems with assisted driving functions and door-locking systems, will be conducted through remote 'over-the-air' (OTA) updates to the cars' software. | ['automobile', 'business'] | 2024-03-12 |
Multibagger EV and solar stock bags new order worth ₹138.72 crore | Gensol Engineering has received a major boost, securing a contract for a 33 MW AC solar power project from steel giant Sarda Energy & Minerals Ltd. (SEML) in Chhattisgarh. This significant project for SEML's Kharora plant marks Gensol's strategic entry into the region's booming industrial sector. The contract, valued at over ₹138 crore, encompasses the entire project lifecycle. | ['automobile', 'business'] | 2024-03-12 |
May be a new trend: Anand Mahindra as top radiologist drives auto | Industrialist Anand Mahindra took to X to react to Breach Candy Hospital radiologist Anirudh Kohli driving auto-rickshaw. "[Kohli] led his hospital's fight against pandemic. Now he and others...are starting new, benign pandemic [of converting to] sustainable transport solutions," he said. "Three-wheelers as personal transport may just be a new trend...and we're not complaining," he added. | ['automobile', 'business'] | 2024-03-12 |
2024 Hyundai creta facelift breaks cover, booking opens at ₹25,000 | Hyundai takes a bold step with the 2024 Creta facelift, unveiling a revamped design and enhanced features for its best-selling SUV. The facelift boasts a distinctive look, adopting Hyundai's new parametric design language seen in the Venue and Tucson. Noteworthy changes include a stylish H-pattern DRL and a premium feel with connected tail lamps. | ['automobile'] | 2024-03-12 |
Golf car service starts in Ayodhya ahead of consecration ceremony | Ahead of the consecration ceremony of Ram Lalla on January 22, Uttar Pradesh government and Ayodhya Development Authority (ADA) have started eco-friendly golf car service in Ayodhya. Passengers will be able to visit the temple and other parts of the city at low fares. The ADA has also inducted several electric cars to ensure pollution-free transport during the event. | ['automobile', 'national'] | 2024-03-12 |
BYD beats Tesla as world's top EV seller | Chinese company BYD sold more electric vehicles (EVs) than Elon Musk's Tesla in the last three months of 2023 to become the world's top electric vehicle seller. BYD sold 5,26,409 vehicles in the final quarter of 2023 compared to Tesla's 4,94,989 EVs in the October-to-December period. However, for the whole of 2023, Musk's Tesla sold more EVs than BYD. | ['automobile', 'business'] | 2024-03-12 |
Tesla hits 1.8-million delivery target in 2023, reports record Q4 | Elon Musk-led Tesla delivered 1.8 million vehicles in 2023, hitting its target for the year. The company's vehicle deliveries rose 38% year-over-year while its production grew 35% year-over-year in 2023, a press release said on Tuesday. In the fourth quarter of last year, Tesla produced 494,989 vehicles and delivered a record 484,507 vehicles. | ['automobile', 'business'] | 2024-03-12 |
Car sales breach 40 lakh mark in India in 2023 | Annual passenger vehicle (PV) sales crossed the 40 lakh units mark for the first time in India in 2023. Domestic PV sales in 2023 stood at 41.08 lakh units as against 37.92 lakh units sold in 2022. On average, sports utility vehicles (SUVs) accounted for one in every two vehicles sold. Maruti Suzuki sold 17.08 lakh vehicles (domestic) in 2023. | ['automobile', 'business'] | 2024-03-12 |
Tesla Cybertruck, Nissan Leaf, other EVs lose tax credits in US | Several electric vehicles (EVs) lost eligibility for tax credits worth up to $7,500 (over ₹6,25,000) in US after new battery sourcing rules took effect on Monday. The number of EV models qualifying for the tax credit fell from 43 to 19. The affected EVs include Tesla Cybertruck, Chevrolet Blazer EV, Volkswagen ID.4, Nissan Leaf and others. | ['automobile', 'business'] | 2024-03-12 |
HORIBA scholarship honors top talent at IIT Roorkee | IIT Roorkee & HORIBA India awarded the HORIBA Talent Hunt Scholarship 2023-24 to 20 researchers, underlining a commitment to education and innovation. This CSR initiative supports scholars with a tuition fee waiver, aiming to foster future leaders and promote academic excellence. | ['science', 'national'] | 2024-03-12 |
Star-shaped mystery sea creature discovered in New Zealand; pic released | A star-shaped mystery creature has been discovered by marine experts in New Zealand. Queensland Museum Network Taxonomist Dr Michela Mitchell said the voyage team initially thought it might be a seastar, a sea-anemone or zoanthid-like creature, but it has so far proven to be none of those. "We've got a lot of experts...who are very excited," Mitchell added. | ['science'] | 2024-03-12 |
4 astronauts splash down on Earth after 6 months in space, video released | Four Crew-7 astronauts returned safely to Earth aboard SpaceX Dragon spacecraft on Tuesday to end a half-year mission at International Space Station. Their capsule made a predawn splashdown into Gulf of Mexico near Florida Panhandle. The team consisted of NASA astronaut Jasmin Moghbeli, ESA astronaut Andreas Mogensen, JAXA astronaut Satoshi Furukawa and Roscosmos cosmonaut Konstantin Borisov.
| ['science'] | 2024-03-12 |
Earth is warming in a 2.4 million year cycle & is linked to Mars | Earth is warming in a cycle that runs millions of years, and it's linked to Mars. A new study has found evidence of erosion in the deep sea, linking a 2.4-million-year cycle called "astronomical grand cycles" with the orbits of Earth and Mars, and global warming or cooling. These cycles are called astronomical grand cycles | ['world', 'miscellaneous', 'science', 'technology'] | 2024-03-12 |
A new tool to study protein production in cells | In a groundbreaking advancement, scientists have successfully identified the precise locations where thousands of individual proteins are synthesized within intact tissue and single cells. This remarkable achievement provides crucial insights into protein production and distribution processes within living organisms. | ['science'] | 2024-03-12 |
Family tree changes in aging blood cells | MIT Professor Jonathan Weissman and collaborators Vijay Sankaran and Chen Weng devised a new method to explore human blood cell family trees and individual characteristics. The research sheds light on differences between hematopoietic stem cell (HSC) lineages, addressing longstanding questions about blood cell production and aging. The technology also offers unprecedented access to cell histories. | ['science'] | 2024-03-12 |
Hydroelectric Cell produces electricity from water | Scientists at Delhi's National Physical Laboratory (NPL) have found a novel way of producing electricity from water at room temperature without using any power or chemicals. They invented a device called a Hydroelectric Cell that can generate power using only a few drops of water. The device can generate about a quarter ampere current at less than 1V. | ['science'] | 2024-03-12 |
Mitochondria send SOS signals when under stress | The study investigated how cells protect and repair their mitochondria, which are essential for cell function. The researchers found that when mitochondria experience stress, two signals are released in the cell's cytosol (the fluid inside the cell). These signals are mitochondrial reactive oxygen species (mtROS) and accumulated mitochondrial protein precursors (c-mtProt). | ['science'] | 2024-03-12 |
Countering the stress of Mitochondria | MIT scientists have identified what really happens when a traffic jam of proteins at the surface of the mitochondria prevents proper import. This is the first mechanism identified that surveils mitochondrial protein import, and aides mitochondria when they can't get the proteins they require. | ['science'] | 2024-03-12 |
Scientists visualize temperature-driven turbulence in liquid metal | Recent work attempts to investigate the large-scale circulation (LSC) dynamics and manifestation in turbulent liquid metal convection. Using a technique they devised themselves, a team at the Helmholtz-Zentrum Dresden-Rossendorf (HZDR) has now produced a detailed three-dimensional image of a turbulent temperature-driven liquid metal flow for the first time. | ['science'] | 2024-03-12 |
Scientists visualize temperature-driven turbulence in liquid metal | Recent work attempts to investigate the large-scale circulation (LSC) dynamics and manifestation in turbulent liquid metal convection. Using a technique they devised themselves, a team at the Helmholtz-Zentrum Dresden-Rossendorf (HZDR) has now produced a detailed three-dimensional image of a turbulent temperature-driven liquid metal flow for the first time. | ['science'] | 2024-03-12 |
NASA’s Webb peers into the Tendrils of NGC 604 | The surroundings in which stars form and their formation are extensively researched and still shrouded in mystery. Thanks to NASA's James Webb Space Telescope, these processes are now becoming more apparent than ever. The Triangulum galaxy (M33), located 2.73 million light-years from Earth, contains the star-forming area NGC 604. | ['science'] | 2024-03-12 |
Webb and Hubble telescopes affirm the Universe’s expansion rate | The combined efforts of Hubble and Webb indicate that the expansion rate is influenced by factors other than measurement mistakes. The James Webb Space Telescope (Webb) conducted a preliminary measurement in 2023 to validate the precision of Hubble's observations of the expanding Universe. Some scientists argued that previously invisible measurement flaws will appear. | ['science'] | 2024-03-12 |
Dark matter may be an alternate shadow universe: Study | Scientists led by Dr Arushi Bodas at University of Chicago stated dark matter might be an alternate shadow universe. The dark matter exists in distorted parallel universe within our own, where atoms are unable to come together, it added. Unlike ordinary matter, this universe features asymmetrical proton and neutron masses, resulting in chaotic mix of subatomic particles that rarely interact.
| ['science'] | 2024-03-12 |
NASA shares pic of M81 spiral galaxy with a black hole in center | NASA shared a picture of Messier 81, a spiral galaxy 11.6 million light-years away in Ursa Major. Spitzer Space Telescope, Hubble, and Galaxy Evolution Explorer showcased M81 in infrared, visible, and ultraviolet light respectively. Resembling Milky Way, M81 boasts spiral arms filled with ageing stars. A colossal black hole, 15 times larger than Milky Way's Sagittarius A*, anchors its center.
| ['science'] | 2024-03-12 |
Mass grave with 1,000 skeletons of 'Black Death' victims found in Germany | Archaeologists have unearthed the skeletons of about 1,000 Black Death victims in Germany. Experts believe the mass grave may contain the skeletons of over 1,500 people. Excavations ahead of the construction of new apartments in Nuremberg found eight pits containing plague victims' skeletons, including adults, children and babies, that date to between the late 15th and early 17th centuries. | ['science'] | 2024-03-12 |