India Ratings and Research (Ind-Ra) expects base metals prices in 2021 to be higher year on year (yoy), led by a robust demand recovery amid gradual supply increases.

Spinny which is a used car retailing platform has announced that it has received a funding of $108 million in series D funding round from new and existing investors.

TSMC CEO C.C. Wei expects automotive semiconductor supply to normalise. TSMC will be active in the second half of the year also to address the chip supply challenges for the automotive customers.

The European Commission wants to end the sale of new petrol and diesel cars by 2035, under a massive plan to fight climate change. All new cars registered as of 2035 will be zero emission.

As per reports, Ford is in talks with various car firms for either contract manufacturing or sale of its factories or both. Speculations are rife about Ola utilising Ford’s factories to manufacture electric cars.

On a YoY basis, wholesale of two-wheelers grew by just 4%, but PV dispatches improved by 119%. Compared to Q1FY19, the demand and sales of tractors have not been affected by the pandemic.

The jump from BS-IV to BS-VI created some challenges. When the BS-VI norms came into vogue in April 2020, the country was in a historic lockdown due to Covid pandemic. Anurag Garg takes a look at the journey thus far.

In this interview with Rakesh Rao, Dr Sreeram Srinivasan, CEO, Syrma Technology Pvt Ltd, discusses reasons behind the current chip shortage crisis and new growth opportunities for the company

As per industry data, auto sales in China fell 12.4% in June from the corresponding month a year earlier. The slowdown is due to a global shortage of semiconductors in the world’s biggest car market.