Bangalore-based full-stack mobility start-up Automovill has launched its operations in Pune with 20 car repair workshops partners and has established 3 company-owned Hubs in the first phase of expansion in the city. The start-up was founded in 2016 in Guwahati by Mridu Mahendra Das and Chinmay Baruah and recently joined by Ramana Sambu as co-founder… Continue reading Vehicle service start-up Automovill forays into Pune, adds 20 partner workshops and 3 company owned hubs
Category: US Motoring Press
Hyundai to launch five-seat autonomous aircraft in 2028
Hyundai’s flying taxi concept will make its inaugural passenger flight in 2028, with the firm creating the Supernal brand to spearhead its ambitions. Supernal will be based in the United States with the goal of developing a four or five-seat, autonomous, electric-powered eVTOL, an electric vertical take-off and landing aircraft. The company’s first production flying vehicle… Continue reading Hyundai to launch five-seat autonomous aircraft in 2028
GM’s Oshawa Assembly plant builds its first Chevy Silverado pickup
General Motors has started production of the Chevrolet Silverado pickup at the Oshawa Assembly plant in Ontario. The first Silverado, a 2022 heavy-duty High Country trim in red, rolled off the assembly line around 11:45 a.m. Monday, but GM announced it publicly on Wednesday, said Monte Doran, GM spokesman. It is a remarkable feat considering the plant was slated… Continue reading GM’s Oshawa Assembly plant builds its first Chevy Silverado pickup
Ford CEO Jim Farley gave us big clue automaker’s stock was going to surge
This content is only available to subscribers. $1 for 6 Months Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY Sports+ at no additional… Continue reading Ford CEO Jim Farley gave us big clue automaker’s stock was going to surge
EV startup Rivian Automotive debuts on stock market, spelling likely windfall for Ford
Electric vehicle maker Rivian Automotive Inc., a partner of Ford Motor Co., made its stock market debut Wednesday in what was expected to be one of the largest-ever initial public offerings. The California-based company, which recently became the first automaker to bring an electric pickup to market with the launch of its R1T truck, on Tuesday priced its… Continue reading EV startup Rivian Automotive debuts on stock market, spelling likely windfall for Ford
Ki Mobility forays in EV servicing
Ki Mobility Solutions, the full stack O-to-O digital platform of myTVS is entering the electric vehicle service space in the country. The company has launched a digital mobility service platform for EVs. The platform will serve as a one-stop shop for all service requirements for EV owners where they can access high-quality services, parts, accessories,… Continue reading Ki Mobility forays in EV servicing
Hyundai targets 5,000 CNG car sales a month
Hyundai Motor India, like passenger vehicle market leader Maruti Suzuki India, is strongly bullish on increasing its sales of CNG-powered cars. Despite the recent retail price reduction in petrol and diesel following the Central excise duty cut and VAT by some States, CNG is still far cheaper and more affordable. At upwards of Rs 90… Continue reading Hyundai targets 5,000 CNG car sales a month
Workhorse Group Records a Big Loss on Electric Vans
Workhorse Group, a small producer of electric vans that has come under investigation by federal authorities, on Tuesday reported a loss of $81 million for the three months ending in September as a result of rising operating costs and a production stoppage related to a recall. The company also reported negative revenue of $576,600 because… Continue reading Workhorse Group Records a Big Loss on Electric Vans
EV maker Rivian is guiding IPO price above top of marketed range
Electric truck-maker Rivian Automotive Inc. is guiding potential investors that its initial public offering is likely to price above the top of its marketed range, according to people with knowledge of the matter. Rivian is offering 135 million shares for $72 to $74 each in its listing, which could be the seventh biggest U.S. IPO… Continue reading EV maker Rivian is guiding IPO price above top of marketed range
VW considers new electric car factory in Germany to counter Tesla
Volkswagen AG may build a new electric car factory near its global headquarters to make a new model code-named “Trinity” designed to close the technology gap to Tesla Inc. and challenge traditional rivals with highly automated driving features. A new plant making about 250,000 cars annually close to the main factory in Wolfsburg would be… Continue reading VW considers new electric car factory in Germany to counter Tesla