AUTOMOBILES
Tesla announces redesigned Model S electric sedan
According to the company, this new version, which starts shipping in March comes with an option for a more powerful powertrain that lets the car travel at least 520 miles and goes from 0 to 60 miles per hour in under two seconds.
Pay for vehicle, insurance separately, suggests IRDAI panel
The Committee for Review of MISP (Motor Insurance Service Provider) Guidelines examined the current practice of collecting the premium payment from the customer while soliciting the motor insurance policy.
Tata Motors launches hatchback Altroz's i-Turbo variant
As per the company, 'iRA' comes with 27 connected car features along with natural voice tech, through which the car understands commands not only in 'English or Hindi, but also in Hinglish'. Besides, it is India's first hatchback to introduce What3Words technology - a precise & unique tool that makes navigation easier than before.
Tata Motors increases passenger vehicle prices
According to the company, rising input and material costs of steel, precious metals and semi-conductors have compelled the company to pass on a part of the cost to customers. The company's PV business has been witnessing strong demand for its 'New Forever' range of cars and SUVs and grew by 39 per cent in FY21 over FY20.
Hero crosses record 100 million in production, plans to introduce 50 new products over next 5 years
The company is now planning to launch 50 new products and upgrades over the next 5 years while working simultaneously to strengthen its portfolio with its new partner Harley-Davidson, Pawan Munjal told Times of India.
Hero MotoCorp surpasses 100 mn cumulative production milestone
The 100 millionth bike, the Xtreme 160R, was rolled-out of the Company's manufacturing facility in Uttarakhand's Haridwar. This is the 20th consecutive year that Hero MotoCorp has retained the title of the world's largest manufacturer of two-wheelers.
Hyundai invests in startup for automated vehicle inspection system
UVeye's drive-through system combines artificial intelligence, cloud architecture, machine learning and sensor fusion technologies to help standardise and speed up vehicle inspection processes, reports Yonhap news agency.
MINI India delivers 512 cars in 2020, grows 34% in Q4
The company said withstanding the current market challenges and lockdown situation, MINI India regained momentum swiftly in the second half of the year. Accordingly, in Q4 2020 (October - December), MINI India posted the highest-ever quarter with a remarkable growth of 34 per cent as compared to the same period in 2019 and also closed the year with the highest-ever monthly sales in December.
Microsoft joins General Motors to build self-driving cars, invests in $2 billion fund
Microsoft will join GM, Honda and institutional investors in a combined new equity investment of more than $2 billion in Cruise, bringing the post-money valuation of Cruise to $30 billion, the tech giant said in a statement. To unlock the potential of cloud computing for self-driving vehicles, Cruise will leverage Azure, Microsoft's cloud and edge computing platform, to commercialise its unique autonomous vehicle solutions at scale.
Tesla Arriving Soon: What fans can expect in India
Arriving in India via Tesla Motors Amsterdam that will give the electric car-maker tax benefits related to dividend payments and capital gains, the Model 3 may start from around Rs 60 lakh. The base Standard Range Plus model now claims a driving range of 423 km per charge, while the Long-Range Model 3 can give you 568 km range on one single charge.
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