Global automotive sensor market to reach $92 bn by 2026: Report
The majority of revenue from vehicle automation and ADAS sensors will come from CMOS image sensors (cameras used for image recognition), which will remain more cost-effective than LiDAR (light detection and ranging) in many situations in the short term.
EV startup Lucid now more valuable than Ford
The recent surge of the Saudi-backed EV company comes after its CEO Peter Rawlinson said that he believes there is a long runway for the electric vehicle startup's stock and market value to rise beyond legacy automakers and to eventually be valued more like industry leader Tesla.
Daimler India targets 100% carbon neutrality by 2025
Newsmen News Desk -
"Driving sustainability in our production and operations has been a key focus for DICV since our inception. Our efforts so far have already helped us reach 72 per cent CO2 neutrality in our plant, and we plan to push this to 100 per cent by 2025. We will work continuously towards a sustainable future for our stakeholders and society as a whole," Satyakam Arya, CEO and MD said.
EU recommends Celltrion's, Regeneron-Roche Covid antibody treatment
The Committee for Medicinal Products for Human Use (CHMP), which works under the European Medicines Agency (EMA) has recommended the application of South Korean pharma giant Celltrion's Rekirona in adult patients aged 18 and older, the EMA said in a statement on Friday. While the committee backed Regeneron-Roche's Ronapreve (also known as casirivimab/imdevimab) for treating Covid-19 in adults and adolescents from 12 years of age who do not require supplemental oxygen and who are at increased risk of their disease becoming severe, Yonhap News Agency reported.
Maruti launches new Celerio, calles it "most fuel efficient car"
Newsmen Business Desk -
Maruti Suzuki India’s leading car manufacturer, on Wednesday launched latest version of its popular compact hatchback, Celerio and called it "the most fuel-efficient petrol car" of the country. The car offers a mileage of 26.68 km per litre.
Tesla increases Model 3, Model Y ranges with 2022 model year
Newsmen News Desk -
In an overnight update to its online configurator, Tesla changed the ranges of several of its most popular Model 3 and Model Y trims. Model years are not as big a deal with Tesla as it is with most other automakers since the electric automaker doesn't wait for a new model year to implement changes in its vehicles.
Premium SUVs power the rising popularity of Fiat's 2.0 TD engine
Newsmen News Desk -
2.0 litre TD technology is derived from the legendary 1.3 turbo diesel technology which was a record breaking diesel powertrain in India. The 1.3 turbo diesel engine powered vehicles of leading brands like Fiat, Maruti Suzuki, GM and Tata Motors in the past.Different automobile-manufacturers named 1.3 turbo diesel engine differently.
Tesla rolls back 'Full Self-Driving' software owing to false crash warnings  
In a tweet on Sunday, Tesla CEO Elon Musk said the rollback was due to "some issues" with version 10.3. "Seeing some issues with 10.3, so rolling back to 10.2 temporarily," Musk tweeted. "Please note, this is to be expected with beta software. It is impossible to test all hardware configs in all conditions with internal QA (quality assurance), hence public beta," he said.
MG's mid-segment SUV Astor sold out for 2021
Accordingly, the company opened bookings for Astor on Thursday. Subsequently, the mid-segment SUV was sold out in minutes. The carmaker aims to deliver 5,000 units within this year with the deliveries commencing from November 1. Besides, the company said that Astor bookings for 2022 can take place through the carmaker's website or from a MG showroom.
New Tesla Cybertruck prototype spotted with mirrors: Report
According to the auto-tech website Electrek, a new Tesla Cybertruck sighting gives hope that the automaker might be testing a new prototype. Due to the low resolution, it's hard to glean a lot of information from the footage, but there's one thing that is clear -- the vehicle has side mirrors, the report said. Previous Cybertruck sightings showed that the prototype had no side mirrors.