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India
Ashok Leyland to extend Rs. 5,000 crore loan to EV arm
Ashok Leyland will seek shareholder approval to lend Rs 4,000-5,000 crore or stand guarantor for Switch Mobility Automotive, a step-down…
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India
India’s EV market to be $14.9 billion by 2028
DUBLIN, June 30, 2023 /PRNewswire/ — According to “India Electric Vehicle Market By Vehicle Type (Passenger Car, LCV, M&HCV, Two-Wheeler, Three-Wheeler), By Propulsion,…
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India
Bids invited to implement vehicle location tracking system in UP
The Uttar Pradesh transport department is inviting bids for a company to implement a Vehicle Location Tracking System (VLTS) for…
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Lithium scarcity pushes carmakers into the mining business
Date: July 3, 2023 As the demand for electric vehicles (EVs) continues to surge worldwide, automakers are facing a new…
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Foxconn to invest $250 million in Vietnam for EV and telecom parts manufacturing
Date: July 3, 2023 In a strategic move aimed at expanding its presence in the electric vehicle (EV) and telecommunications…
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India
Rs 40,000 crore allocated to eliminate road black spots: Nitin Gadkari
Date: July 1, 2023 In a significant move to enhance road safety and reduce accidents, the Indian government has allocated…
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Draft EU artificial intelligence rules could hurt Europe
Date: July 1, 2023 Several industry leaders and experts are expressing concerns over the potential negative impact of the draft…
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Connected Vehicle
Introducing CARLUEX PRO+: The revolutionary carplay adapter
NEW YORK, June 29, 2023 (Newswire.com) – Introducing CARLUEX PRO+, the ultimate wireless CarPlay and Android Auto adapter that will transform…
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Electric Vehicle
Mercury Insurance: added technology in EVs is also making them expensive to repair
LOS ANGELES, June 29, 2023 /PRNewswire/ — Battery electric vehicles (EVs) have gained popularity in recent years with market share rising from…
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By 2028 global automotive cybersecurity market size expected to grow to USD 6.0 billion
Rising demand for connected vehicles has increased the electronic content per vehicle. This raised a vehicle’s vulnerability against a cyber-attack,…
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