Tesla gets nods for three more car models, 7 EV variants to launch in India
Newsmen Business Desk -
Musk-owned auto giant Tesla has reportedly received approval to launch three more electric vehicles in India, according to media reports. With the recent approvals, the electric vehicle company will be launching as many as 7 vehicles, however, the company has not issued any official statement on the timeline yet.
Global automotive sensor market to reach $92 bn by 2026: Report
IANS -
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.
MG's mid-segment SUV Astor sold out for 2021
IANS -
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.
Festive Acceleration: Mercedes hopes to drive-in healthy growth
IANS -
Accordingly, the luxury car maker has already witnessed a 'v-shaped sales recovery' in the June-September period. The luxury automobile manufacturer retailed over 4,100 units during the July-September period, a growth of 99 per cent over 2,060 units off-take during Q3CY20. It has already crossed the entire CY20 sales volumes in January-September 2021 period
MG Motor India launches mid-size SUV Astor for Rs 9.78L
IANS -
As per the company, the mid-size SUV comes with India's first 'personal AI assistant and first-in-segment autonomous (Level 2)' technology. "Enriched with features and packed with technologies never seen before in this segment, we believe that Astor will set a new benchmark in the segment," said Rajeev Chaba, President and MD, MG Motor India.
Hybrid cars more vulnerable to chip shortage than conventional ones
IANS -
The results, published in the journal Environmental Science & Technology, showed that self-charging hybrid and plug-in hybrid vehicles have twice the raw material cost risks, which equates to an increase of $1 billion for a fleet of a million sedans and SUVs, compared to conventional models.The largest contributors to the increase in cost risks were battery-related elements.
Mahindra, Ford end discussions on automotive joint venture
IANS -
The action follows the passing of the expiration date of a definitive agreement the organisations entered into in October 2019. Accordingly, the outcome was driven by fundamental changes in global economic and business conditions -- caused, in part, by the global pandemic -- since the agreement was first announced.
Advertisement