The joint venture, majorly owned by Marelli, will form a new enterprise named Marelli Electric Powertrain Strasbourg (France) SAS. It will have a facility for production, prototyping and testing on-site.

The company reported its worst performance in 12 years due to COVID-19 and the global semiconductor shortage. The Japanese carmaker has not reported a profit since the year ending March 31, 2019.

Tesla plans to restrict the proportion of its global production in China. This is evident as US has imposed 25% tariff on electric cars imported from China. Tesla has also put a halt on its plan to buy land in Shanghai.

There is a big shift in demand for sedan cars from the pre-pandemic era to now. The second wave of Covid-19 has brought about many changes in the automotive industry as it has affected people’s purchase plan for cars.

TKM observed growth in personal mobility in last 3 months.

In this interview, Bing-Lin Wu, Marketing Head, Maxxis Rubber India Pvt Ltd (Maxxis India), highlights on emerging opportunities in the Indian tyre segment and the company's plan to ramp-up business in the country.

This fully factory-built ambulance is built on an all new modular next-gen utility vehicle platform with all new body and all new interiors.

Mahindra Logistics is offering oxygen supply on wheels initiative to Punjab. The same has been rolled out in Maharashtra and Delhi. It is planned that it will be further expanded to more regions across the nation.

Global brands have appreciated India and recognised it a production hub for small vehicles. As per the reports, 87,953 units of passenger cars and commercial vehicles have been imported from India by South Africa.