According to a press release by Continental, it has received its first big order for a pillar-to-pillar display solution in high-volume production vehicles. The display will extend across entire width of the cocktail.

This industry-first initiative will be for Kia’s MPV – Carnival, across India. Buyers can return the vehicle if not satisfied within the first 30 days of purchase, recovering 95% of the cost incurred.

The automotive industry donated oxygen concentrators, cylinders and added hospital beds. It has set up mobile clinics, tele-ICUs and teleconsultations to assist COVID-19 care centres in rural areas.

As per ICRA, India can work on electrifying its two-and three-wheeler segment. This segment is favourable for the benefits of economies of scale due to the huge volume and total cost of ownership.

SmartCommute, a Pune-based employee transport services SaaS platform will be acquired by Lithium Urban Technologies, a mobility solutions provider.

The government of Karnataka will soon allow industries to reopen following strict Covid-19 protocols. A joint request was sent to the Chief Minister after the announcement of an extension of lockdown.

According to the Investment minister of Indonesia, the state-owned Indonesia Battery Corporation and South Korea's LG will set up a new battery plant with a capacity of 10 GWh, worth $1.2 billion.

The second covid wave has stalled the auto industry’s momentum recorded in 3Q-4QFY21, according to a recent report published by India Ratings and Research (Ind-Ra).

There will be a material impact on vehicle financers’ asset quality due to the second covid wave, according to a report by India Ratings and Research (Ind-Ra).