Renault-Nissan’s Chennai Plant near Oragadam in Tamil Nadu has been allowed to continue production by the Madras High Court, as reported by PTI.

Taiwan Semiconductor Manufacturing Company (TSMC) and Japan have signed a $ 338 million semiconductor research project to develop cutting-edge chip technology, as per the reports.

As per an information released on Thursday, the government scrutiny on the United States electric car maker, Tesla has led to a reduction in the orders in China in May as compared with that of April.

Toyota Motor Corp. may shift electric-vehicle production to the US if demand continues to grow, according to a top executive. The Japanese carmaker is joining peers in embracing the technology.

Nitin Lall, GM, Industrial Technique, Atlas Copco, lists down a few technology trends that will transform the automotive manufacturing industry in 2021.

Emkay Global Financial Services released its Automobiles report recently, according to which the May’21 volumes were likely to be hit by the second Covid-19 wave and lockdowns across states.

According to a study, the global automobile industry has been able to earn more operational money than before the corona crisis. Q1, 2021 seems to be favourable for the industry.

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.

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).