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Tesla’s Elon Musk now the richest person on Planet Earth

autherAutocar Professional Bureau     calendar08 Jan 2021

A 7.9% surge in Tesla shares helps accelerate Musk’s value past Amazon.com founder Jeff Bezos. Musk is now worth $ 194.8 billion (Rs 1,441,714 crore).

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Mahindra Logistics launches EV-driven last-mile cargo delivery service News National
Mahindra Logistics launches EV-driven last-mile cargo delivery service

autherAutocar Professional Bureau calendar07 Jan 2021

3PL service provider launches cargo last-mile delivery service called ‘EDel’; will deploy 1,000-strong fleet of Treo Z...

Volvo Cars records strongest second-half sales in its history News International
Volvo Cars records strongest second-half sales in its history

autherAutocar Professional Bureau calendar07 Jan 2021

Quick restart of operations after a brief shutdown sees the carmaker embark on a strong recovery, helped by fast-growi...

Panasonic readies connected solutions for Indian PV and two-wheeler industry News National
Panasonic readies connected solutions for Indian PV and two-wheeler industry

By Sricharan R calendar07 Jan 2021

Panasonic Automotive Systems India is leveraging its global product portfolio to develop solutions while also readying...

High-speed electric 2W sales at 25,735 units in CY2020, -5.4% YoY News National
High-speed electric 2W sales at 25,735 units in CY2020, -5.4% YoY

autherAutocar Professional Bureau calendar06 Jan 2021

The actual cumulative sale since January 2019 has been 52,959 or 5.29 percent, however sale under the scheme has remai...

Oxbotica to accelerate autonomous platform rollout with Series B funding News International
Oxbotica to accelerate autonomous platform rollout with Series B funding

autherAutocar Professional Bureau calendar06 Jan 2021

Oxbotica raises $47 million cementing its position as a global leader in autonomous vehicle software, demonstrates the...

French battery system supplier Forsee Power to invest 10m euros in India project News National
French battery system supplier Forsee Power to invest 10m euros in India project

By Nilesh Wadhwa calendar06 Jan 2021

The French battery system supplier has global manufacturing capacity of 1 gigawatt and scalable to 4 gigawatt.

Apple iPhone maker Foxconn ramps up EV ambitions with Byton deal News International
Apple iPhone maker Foxconn ramps up EV ambitions with Byton deal

By James Attwood, Autocar UK calendar06 Jan 2021

Taiwanese manufacturing giant, best known for making Apple iPhones, invests in struggling EV start-up.

M&M to use part of funds kept for shelved Ford JV to develop new EV platform News National
M&M to use part of funds kept for shelved Ford JV to develop new EV platform

By Shahkar Abidi calendar05 Jan 2021

As per M&M management, the company's EV program has three stages.

Fisker plots “radical” electric pick-up to take on Tesla Cybertruck News International
Fisker plots “radical” electric pick-up to take on Tesla Cybertruck

By Will Trinkwon, Autocar UK calendar05 Jan 2021

The firm has yet to launch its maiden EV, the Ocean SUV, but is already plotting a second model