AUTOMOBILES
Harley-Davidson's 1st electric bicycle to go on sale later this year
"The formation of Serial 1 allows Harley-Davidson to play a key role in this mobility revolution while allowing Serial 1 to focus exclusively on the e-bicycle customer and deliver an unmatched riding experience rooted in freedom and adventure," Aaron Frank, Brand Director for Serial 1 Cycle Company, said in a statement.
Ola Electric continues record run, sells scooters worth Rs 1,100 cr in 2 days
"In total over 2 days, we have done over Rs 1,100 crore in sales! This is unprecedented not just in the automotive industry but it is one of the highest sales in a day (by value) for a single product in Indian e-commerce history! We truly are living in a digital India," the company claimed in a statement tweeted on Friday.
Ola electric scooters worth Rs 600 crore sold in a day at rate of 4 per second: CEO Bhavish Agarwal
Ola has sold more than the entire 2-wheeler industry put together on Wednesday, Agarwal said. He further stated that the last bookings for the new scooters are opened till Thursday midnight following which the sale will be closed. Ola Electric is the all-electric branch of the indigenous rideshare company Ola Cabs based in Bangalore.
Kia Sonet crosses one lakh sales-mark in less than 12 months
Accordingly, during the same period, the vehicle has become the fourth highest-selling SUV in the country. Introduced in September 2020, Sonet has contributed almost 17 per cent to the segment and 32 per cent to the company's overall sales. "The Sonet was launched when the auto industry was facing its worst slump in history with the advent of Covid-19 pandemic," said Tae-Jin Park.
Tesla pushes its full self-driving Beta v10: Report
The software enables Tesla vehicles to virtually drive themselves both on highways and city streets, but it is still considered a level 2 driver assist since it requires driver supervision at all times, reports Electrek. The driver remains responsible for the vehicle, needs to keep its hands on the steering wheel, and be ready to take control, the report said.
What went wrong with Ford in India and who will benefit from its exit?
The exit of Ford will benefit companies who are in the utility vehicle space, they added. At a time when Asian car makers have captured the market in the US, it was nothing but natural for the American automobile companies -- General Motors and now Ford -- to sputter and stop in India if they get their basics wrong.
Inspiring Story: Here's how Ratan Tata took revenge on Ford for his 'humiliation' in 1999
However, his journey in the car segment was not that easy. The course of his career and the entire country’s car market would have been different if American carmaker giant Ford had bought Tata Motors back in 1999. Interestingly, Ford was all set to buy Tata but Ratan Tata changed his mind after he felt “humiliated” by Bill Ford.
Mercedes-Benz India expands EV EQC's retail footprint
The EV will now be retailed in all the Mercedes-Benz dealerships across the country under the 'Phase II' expansion strategy. The EQC launched in 2020 was until now available in six select cities across 14 locations, as part of the Phase 1 launch plan. Mercedes-Benz India has also re-opened bookings for the next batch of EQCs.
Ford decides to stop car manufacturing in India
In a statement, Ford India said it would expand its city-based Ford Business Solutions team and bring to market some of its global vehicles and electrified SUVs. Ford India has two plants in India - one near Chennai and one at Sanand, Gujarat. It will, however, continue to provide customers in India with ongoing parts, service, and warranty support.
‘It is our way of life’: Anand Mahindra responds to 'car production is hard' statement of Elon Musk
Musk replied to a tweet that had shared the story of British tech major Dyson’s ambitious project of developing an electric vehicle that failed. Musk said that “Production is hard. Production with positive cash flow is extremely hard.” To this, Mahindra quote tweeted Musk’s comment and said that it’s their way of life as they have been doing this for decades.
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