AUTOMOBILES

Xiaomi Enters Automotive Industry, Reveals Debut Electric Vehicle
Ashlin Rajan -
Introducing two electric vehicles, the XiaomiSU7 and XiaomiSU7Max, the company marked this milestone by expressing the significance of XiaomiSU7's debut in extending their expertise from smartphones to the automotive domain.
Chevy Blazer EV Sales Halted Due to Software Quality Concerns: A Closer Look
Anurima Das -
Acknowledging the situation, GM stated, "It is aware that a limited number of Blazer EV owners have experienced some software quality issues.
US struggles to roll out EV charging infra despite billions of dollars in pipeline
IANS -
Despite $5 billion approved for states to build a network of fast chargers, only some US states have made progress while most have not yet awarded contracts or started construction, reports The New York Times.
Hyundai Achieves Milestone: Sells Over 500,000 Bluelink Connected Cars in India in Four Years
Newsmen Business Desk -
The platform offers over 60 connected functions, including proactive alerts, SOS/emergency assistance, trip history, remote vehicle status, and more. The success of Bluelink reflects the growing preference for vehicles with advanced connectivity features among Hyundai customers.
Volkswagen Announces Car Price Increase Effective January
Newsmen Entertainment Desk -
Mahindra & Mahindra, on December 6, stated that it would increase the prices of its passenger and commercial vehicles, while Maruti Suzuki announced on November 27 that it would raise car prices from January 2024.
Tesla Issues Warning: Owners Face $50k Penalty for Selling Cybertruck Within First Year
Newsmen Business Desk -
Tesla has employed similar clauses in the past to discourage "flipping" of its vehicles, where buyers purchase a car with the intention of quickly reselling it for a profit.
Report Suggests India's EV Market Could Achieve $100 Billion Revenue by 2030 with Resolution of Key Issues
Newsmen Business Desk -
The growth in EV adoption is expected to be driven primarily by two-wheelers and three-wheelers, with a projected penetration of over 45%. Four-wheelers, specifically cars, are also expected to grow to more than 20% penetration by 2030.
Mahindra Announces Vehicle Price Increase Starting Next Month
Newsmen News Desk -
This announcement follows a similar move by Maruti Suzuki, India's leading carmaker, which declared last week that it would increase the prices of its cars from January 2024.
Tesla Unveils Cybertruck at $60,990, Begins Deliveries to Initial Group of Customers
Newsmen Business Desk -
During the event, Tesla revealed updated specifications regarding pricing, range, and features for the Cybertruck.
Maruti Suzuki Announces Price Hike for Cars in January
Newsmen Business Desk -
In a regulatory filing, Maruti Suzuki acknowledged its continuous efforts to curtail costs.
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