If Tesla spied anywhere, it would shut down: Elon Musk
Addressing the China Development Forum virtually, the Tesla CEO said that spying business is something Tesla would never get involved in. "There's a very strong incentive for us to be very confidential with any information. If Tesla used cars to spy in China or anywhere, we will get shut down," Musk told the forum, The Verge reported on Sunday.
Germany's Porsche posts record revenues in 2020
Porsche's profit before tax also increased to almost 4.4 billion euros in 2020. In total, it delivered more than 272,000 vehicles to customers worldwide, down by three per cent compared to the company's best year ever in 2019, the Xinhua news agency reported. "The financial year 2020 was successful for Porsche -- despite challenging circumstances," said Oliver Blume, chairman of the executive board of Porsche AG, in a statement.
US probes another Tesla Autopilot crash
The US National Highway Traffic Safety Administration (NHTSA) swung into action after the driver of a Tesla Model Y smashed into a state trooper's cruiser near Michigan. Michigan police said the driver was using Autopilot, Tesla's advanced driver-assistance system (ADAS), at the time of the crash, The Verge reported on Thursday.
Mercedes-Benz India launches new E-Class
At present, the E-Class remains Mercedes-Benz India's largest selling model with more than 46,000 units on Indian roads. "We had to advance the launch of the new E-Class owing to the successful run out of the outgoing model much ahead of our planning and for an overwhelming interest for the new model," said Martin Schwenk, MD & CEO, Mercedes-Benz India.
Ford introduces EcoSport SE Featuring at Rs 10.49L
The new variant - Ford EcoSport SE - is priced at Rs 10.49 lakh for petrol and Rs 10.99 lakh diesel variants. The company said that the new variant features design cues borrowed from its American and European peers, where the compact SUV is sold without a rear-mounted spare wheel.
Ola showcases 1st electric scooter, aims 1 cr bikes by 2022
Built over 500 acres in Krishnagiri district in Tamil Nadu, the Ola FutureFactory facility will roll out one scooter every two seconds at full capacity, according to Bhavish Aggarwal, Chairman and Group CEO. It will be an integrated manufacturing facility, addressing all needs from the battery to finished goods.
Lexus India launches limited-edition LC 500h at Rs 2.15 Cr
The new LC Limited Edition is inspired by a partnership between air race pilot Yoshihide Muroya and Lexus engineers. It is powered by a naturally aspirated V6 engine pumping out 264 kW brake horsepower and 350 Nm of torque.
Vehicle registrations in January falls over 9% YoY
On Tuesday, data released by the Federation of Automobile Dealers Associations (FADA) showed that over 15.92 lakh vehicles were registered January 2021, compared with over 17.63 lakh units in January 2020. The fall comes after December 2020's registration rose on a YoY basis.
Musk pledges $100 million for carbon removal competition
The carbon removal contest, announced on Monday morning, will run for four years and is open to teams around the globe. Fifteen teams will be selected for the competition within 18 months and they will each get $1 million and 25 separate $200,000 scholarships will be given to student teams who enter.
Hyundai, Kia say not in talks with Apple, shares plunge
In separate regulatory filings, Hyundai and Kia, which together form the world's fifth-biggest carmaker by sales, said they are "not in talks with Apple over developing an autonomous vehicle". In a statement, Hyundai said that it "has received requests to co-develop autonomous electric vehicle from multiple companies but they were in the early stages and nothing has been finalised".