US Motoring Press – Page 572 – I wish I had more to offer

California overhauling self-driving vehicle regulations governing Waymo, Tesla, Zoox and others

Waymo self-driving cars with roof-mounted sensor arrays traveling near palm trees and modern buildings along the Embarcadero, San Francisco, California, February 21, 2025. Smith Collection/gado | Archive Photos | Getty Images New rules for testing and deployment of self-driving vehicles are on the way in the state of California. The California DMV announced on Friday… Continue reading California overhauling self-driving vehicle regulations governing Waymo, Tesla, Zoox and others

Buy now, stock up or delay: Here’s what consumers are snapping up or putting off in face of tariffs

In an aerial view, Ford Broncos are seen for sale on a lot at a dealership on April 18, 2025 in Austin, Texas. Brandon Bell | Getty Images At car dealerships across the country, consumers are rushing to buy new vehicles ahead of tariff-related price hikes. Some shoppers have also replaced iPhones early. Yet when… Continue reading Buy now, stock up or delay: Here’s what consumers are snapping up or putting off in face of tariffs

Waymo reports 250,000 paid robotaxi rides per week in U.S.

A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022. Paresh Dave | Reuters Alphabet reported Thursday that Waymo, its autonomous vehicle unit, is now delivering more than 250,000 paid robotaxi rides per week in the U.S. CEO Sundar Pichai said Waymo has options in terms of… Continue reading Waymo reports 250,000 paid robotaxi rides per week in U.S.

Apollo Tyres To Cease Production At Enschede Plant Amid Rising Costs And Market Shifts

Apollo Tyres Ltd., a Gurugram-based leading tyre manufacturer, announced plans to discontinue tyre production and related activities at its Enschede facility in the Netherlands by the summer of 2026. The decision, disclosed in a regulatory filing on Friday, is attributed to escalating manufacturing costs driven by macroeconomic disruptions, significant increases in energy and labour expenses,… Continue reading Apollo Tyres To Cease Production At Enschede Plant Amid Rising Costs And Market Shifts

Anchor Investment Underlines Ather Energy’s Valuation Premium Over Ola Electric

Electric two-wheeler manufacturer Ather Energy has finalized its anchor investor allocation at ₹321 per share, valuing the company at $1.4 billion (₹11,956 crore) post IPO, or Rs 9,330 crore pre IPO. This also means that investors value Ather Energy at a premium, compared to bigger rival Ola Electric. Bengaluru-based Ather Energy allocated 4.17 crore equity… Continue reading Anchor Investment Underlines Ather Energy’s Valuation Premium Over Ola Electric

Anchor Investment Underlines Ather Energy’s Valuation Premium Over Ola Electric

Ather Energy Raises Rs 1,340 Crore from Anchor Investors ahead of IPO

Electric two-wheeler manufacturer Ather Energy Limited has allocated 4,17,45,576 equity shares to anchor investors at ₹321 per share (including a premium of ₹320 per share), raising approximately ₹13,40 crore ahead of its public offering scheduled to open on Monday. SBI Small Cap Fund emerged as the largest single fund investor, securing 17.9% of the anchor… Continue reading Ather Energy Raises Rs 1,340 Crore from Anchor Investors ahead of IPO

Volvo begins building EX30 electric car in Belgium

Volvo is now building its EX30 electric car in Ghent, Belgium, in a strategic move to assemble key models closer to the markets where they sell best. The small SUV was previously assembled solely in Zhangjiakou, China, before being shipped across the globe. However, Volvo decided in October 2023 that adding production capacity for the model in the… Continue reading Volvo begins building EX30 electric car in Belgium

Maruti Suzuki to Equip All Cars with Six Airbags This Year, Says Chairman Bhargava

Maruti Suzuki India Ltd, the country’s largest car manufacturer, will equip all of its vehicles with six airbags in the ongoing year, aligning with the government’s ongoing efforts to enhance passenger safety, the company’s Chairman RC Bhargava said on Thursday. “We will be having six airbags in virtually all our cars this year,” Bhargava said… Continue reading Maruti Suzuki to Equip All Cars with Six Airbags This Year, Says Chairman Bhargava

NRB Bearings Approves ₹200 Crore Capacity Expansion

The Board of Directors of NRB Bearings Limited has approved a capital expenditure of ₹200 crore aimed at upgrading and enhancing production capacity across its manufacturing facilities located in Jalna, Chikalthana, Waluj, and Hyderabad. This move is intended to meet increasing demand in both domestic and international markets and will be implemented over the next… Continue reading NRB Bearings Approves ₹200 Crore Capacity Expansion