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STM gets €600 million loan from European Investment Bank

autherAutocar Professional Bureau     calendar15 Mar 2022

The loan will enable the company to escalate R&D activities.

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PLI green signal to 75 companies with Rs 75,000 crore investment

autherAutocar Professional Bureau calendar15 Mar 2022

The Production Linked Incentive (PLI) Scheme for Automobile and Auto Component is successful in attracting proposed in...

Maruti’s CNG sales cross the million mark

autherAutocar Professional Bureau calendar15 Mar 2022

The company is also considering offering a CNG option for its Nexa range. This will mean offering this as an option to...

Ford, SK and KOC sign MoU for electric battery facility in Europe

autherAutocar Professional Bureau calendar15 Mar 2022

Ford, SK and Koç Holding likely to finalise JV later this year with annual capacity likely to be in the range of 30 to...

Reliance acquires China’s Lithium Werks' assets for $61 million

autherAutocar Professional Bureau calendar15 Mar 2022

Founded in 2017, through acquisition of certain assets of Valence and A123 industrial division,  Lithium Werks has nea...

Tata SUVs break the mould in safety, design

By Brian de Souza calendar14 Mar 2022

This 3.8 m compact SUV contributed a fifth to Tata’s tally of 100,000 units sold between October 2021 to January 2022....

Renault India launches 2022 Kwid at Rs 449,000

autherAutocar Professional Bureau calendar14 Mar 2022

First launched in 2015, the Renault Kwid is amongst the bestsellers for the company in India.

Magenta to set-up EV chargers at Xavier Institutes campuses

autherAutocar Professional Bureau calendar14 Mar 2022

Magenta says it will install EV chargers across the Xavier’s network of educational institute in India which pervades ...

UK's National Highways to prioritise the environment

By Autocar UK calendar14 Mar 2022

National Highways is focusing more on the environment than ever before with the launch of a dedicated environmental di...

Ford to offer seven new electric passenger vehicles in Europe by 2024

autherAutocar Professional Bureau calendar14 Mar 2022

Ford expects its annual sales of electric vehicles in Europe to exceed 600,000 units in 2026 and also reaffirmed its i...