(Reuters) – Battery electric vehicle registrations in Europe continued to rise in July, with electric cars accounting ​for more than one in four new vehicles ‌sold as strong growth in France and Germany offset weaker demand in some other markets.

Battery electric vehicle, or BEV, ​registrations across 16 key European markets rose 13.6% ​year-on-year to 224,266 vehicles in July, giving fully electric cars ⁠a 25.7% market share, data from E-Mobility Europe, ​New Automotive and Fier Automotive showed. Continue reading “Europe EV market share tops 25% in July as France, Germany drive growth”

Source : PTI | On the second day of the state-wide drive, the Regional Transport Offices (RTOs) issued notices to 1,499 non-Marathi-speaking auto-rickshaw and taxi drivers across Maharashtra on Friday for not having enough working knowledge of Marathi language.

A senior official said 5,299 auto-rickshaw and taxi drivers were subjected to the language test across Maharashtra, excluding the Mumbai Metropolitan Region (MMR), of whom 777 were found to be lacking the working knowledge of Marathi. Continue reading “On Day 2 of drive, 1,499 auto, taxi drivers get notices over lack of working knowledge of Marathi”

Source : PTI | Homegrown auto major Mahindra & Mahindra is gearing up to intensify exports with its newly unveiled pickup targeting markets like South Africa, Australia, the Middle East, and Latin America, according to company ED & CEO, Auto & Farm Sectors, Rajesh Jejurikar.

The company, which has witnessed a multi-fold increase in its electric passenger vehicles sales last fiscal, is also confident of maintaining the growth trajectory with new products hitting the market, Jejurikar told PTI. Continue reading “Mahindra bets on ‘Scorpio Lifestyler’ to drive global export push”

Source : PTI | Crude oil prices and developments in the US-Iran conflict will remain the primary factors influencing stock market movements this week, according to analysts.

“Investors will closely monitor the Jackson Hole symposium, particularly comments from the US Federal Reserve Chairman, for indications on the future trajectory of interest rates. US GDP estimates, durable goods orders and consumer confidence will also provide important clues on the strength of the US economy and the Fed’s policy outlook,” Ajit Mishra – SVP, Research, Religare Broking Ltd, said. Continue reading “Crude oil, US-Iran tensions and Fed cues to steer markets this week”

Source : PTI | Assam cab operators on Saturday suspended their blockade against Meghalaya-registered vehicles following assurances on safety after a ministerial-level meeting between the two states.

The decision was announced after a meeting between Assam Border Protection Minister Atul Bora and Meghalaya Deputy CM S Dhar, who had been entrusted by their respective governments to resolve the crisis. Continue reading “Assam cab operators lift blockade after Meghalaya assures safety of vehicles”

Source : PTI | Two days after violence during a protest by app-based riders here, the Smart City Online Auto-Taxi Drivers Union on Friday apologised for the inconvenience caused to the public and urged the government to release the vehicles seized by police.

In a video message, union president Dinabandhu Naik said the protesters accepted responsibility for the disruption. Continue reading “Odisha app-based auto, taxi drivers seek release of 354 seized vehicles after protest”

Summary

• About 40,000 Hyundai Motor union members were expected to join Friday’s walkout
• Walkouts have disrupted 55,200 vehicles worth over 2.3 trillion won, Yonhap estimates
• Union seeks higher retirement age, 800% bonus, job protections
• against AI and automation
• Hyundai Motor said it was committed to finding solutions through ​dialogue

SEOUL, (Reuters) – Hyundai Motor’s South Korean union staged its first full ‌strike in a decade on Friday after wage talks stalled, as it seeks a higher retirement age and job protections against artificial intelligence and automation. Continue reading “Hyundai Motor’s South Korean union stages first full strike in a decade over pay”

Summary

• Decision says Uber suspended driver accounts automatically without adequately informing them
• Uber says it disputes some facts and size of fine and will appeal
• Fine ​is second largest of its kind

AMSTERDAM, (Reuters) – The Dutch Data Protection Authority has fined Uber €825 million ($966 ‌million) for deactivating driver accounts through automated systems without adequately informing them, according to an August 17 decision reviewed by Reuters. Continue reading “Dutch regulator fines Uber $966 million for automating driver suspensions”

WASHINGTON, (Reuters) – The U.S. National Highway Traffic Safety Administration said on Friday it has upgraded and expanded a probe ​into nearly 1 million General Motors pickup trucks and SUVs over engine failures ‌that led to a recall in 2025.

The agency said it was opening an enginering analysis, a higher-level investigation than the a formal review it began this year to determine ​if the company’s fix was effective. Continue reading “US highway agency expands probe into GM pickups, SUVs over engine failures”

Summary

• Tesla and others recall nearly 4.3 million vehicles in China
• Recall is over electronic door handles and their use in emergencies
• China to ban hidden door handles from 2027
• US and Europe considering standards for electronic handles

(Reuters) – Electronic door handles of the kind that are at the center of China’s largest-ever vehicle ​recall have proliferated across the globe over the past decade, especially on electric vehicles. Continue reading “Explainer: What we know about the door handles that triggered China’s record auto recall”

Summary

• China’s largest auto recall campaign yet concerns 4.3 million vehicles
• Tesla to recall 2.98 million vehicles
• China bans hidden door handles from 2027

BEIJING, (Reuters) – Tesla and eight other automakers said on Friday they will recall a total of about 4.3 million vehicles ​in China over concerns that doors may be difficult to open in an emergency, marking the country’s largest automotive recall. Continue reading “Tesla and others begin record vehicle recall in China”

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• Two lakh exports achieved in under 38 months
• The Made-in-India SUV is being exported to close to 90 countries

New Delhi: Maruti Suzuki India Limited (“Maruti Suzuki”) today announced that its popular SUV, FRONX, has crossed the milestone of 2 lakh exports in under 38 months, becoming the fastest SUV from India to achieve this feat^** . Continue reading “Maruti Suzuki FRONX becomes the fastest SUV to clock 2 lakh exports from India in record time”

Summary

• Hui pleaded guilty to 8 charges, including fraud, bribery
• Evergrande fined $1.3 billion, Hui’s property to be confiscated
• Court says their crimes cause significant economic loss, social harm
• Hui was once Asia’s richest person, Evergrande China’s top developer

HONG KONG/SHENZHEN, China, (Reuters) – The founder of China Evergrande Group, the world’s most-indebted property developer, was sentenced to life in prison by a Chinese ‌court on Thursday, five years after the firm’s collapse shook the nation’s economy and financial markets. Continue reading “China Evergrande founder sentenced to life in prison”

Summary

• AiMOGA targets 10,000 global robot deliveries next year, chief Zhang says
• Company has deployed 110 humanoid police robots across multiple Chinese cities
• Zhang said overseas demand may be stronger in Middle East and Southeast Asia

BEIJING, (Reuters) – The robotics division of China’s largest auto exporter Chery Automobile is gearing up ​for an IPO to fund future growth and investments, its chief said on Wednesday, as competition intensifies in the country’s fast-growing humanoid robot ‌sector. Continue reading “Chery’s robot unit eyes IPO, targets overseas market for police robots”

Summary

• Source says proposed deal cuts top-line tariff on Canadian-built autos to 15% from 25%
• Source says proposed deal halves top-line tariffs on Canadian steel and aluminum to 25%
• Tariffs on $20 billion of Canadian goods are scheduled to take effect on Saturday

WASHINGTON/OTTAWA, (Reuters) – The ​U.S. and Canada are closing in on a trade deal in which Washington could cut some contentious tariff rates on Canadian-built cars and trucks, ‌and key metals, a source familiar with the matter said on Wednesday. Continue reading “US could cut key tariffs as part of proposed Canada deal, source says”

Summary

• Most of LG Energy’s North American factories are making storage batteries
• LG’s new Michigan plant plans to produce cells for Tesla and Toyota
• LG’s switch to energy storage from EVs requires new chemistry

(Reuters) – A few years ago, battery manufacturer LG Energy Solution was racing to make cells for electric ‌vehicles. Today, its focus has mostly flipped to a new product: energy storage batteries. Continue reading “LG Energy, once fixed on EV batteries, jumps to Plan B”

Source : PTI | Maharashtra Transport Minister Pratap Sarnaik on Wednesday said the entire process of verifying Marathi language knowledge while issuing new badges to auto-rickshaw and taxi drivers will be videographed from Thursday.

The measure was aimed at ensuring transparency in the implementation of the amended motor vehicle rules, making “working knowledge” of Marathi mandatory for such drivers, Sarnaik said at a press conference in Mantralaya. Continue reading “Maharashtra to videograph driver badge tests for Marathi compliance from Aug 20”

Source : PTI | The CBI has registered a case against Gensol Engineering Ltd and the founders of BluSmart EV taxi service, Anmol Singh Jaggi and Puneet Singh Jaggi, over causing alleged loss of over ₹672 crore to IREDA, officials said Wednesday.

The action comes on a complaint filed by The Indian Renewable Development Agency (IREDA), which had alleged that it extended loans to Gensol Engineering Limited and its subsidiary, Gensol EV Lease Limited, for procuring Electric Vehicles for the BluSmart EV ride-hailing service, the FIR said. Continue reading “CBI registers case against BluSmart’s founders Anmol Singh Jaggi and Puneet Singh Jaggi”

Source : PTI | The Maharashtra government would give auto-rickshaw and taxi drivers an opportunity to learn Marathi before taking action for failing to comply with the language requirement under amended motor vehicle rules, state Transport Minister Pratap Sarnaik said on Tuesday.

The government would not immediately cancel permits or licenses of drivers who do not know Marathi, Sarnaik assured, stressing that the aim was not to deprive them of their livelihood but to ensure those providing passenger transport services in Maharashtra possess a working knowledge of the language. Continue reading “Maharashtra gives drivers time to learn Marathi before action”

Source : PTI | Delhi is set to introduce two air-conditioned electric buses for tourism, with the vehicles planned to connect four curated circuits covering 21 heritage, spiritual and cultural sites across the capital, according to documents issued by DTTDC.

The Delhi Tourism and Transportation Development Corporation Limited (DTTDC) has invited bids for supplying two nine-metre air-conditioned electric buses for tourism purposes, according to the tender document.

Continue reading “Delhi to introduce electric tourism buses connecting 21 heritage, spiritual sites”

Source : PTI | Maruti Suzuki India Ltd on Tuesday said the top three passenger vehicle models exported from India in the first quarter of the ongoing fiscal are from its stable.

The company, which witnessed its FRONX cross the milestone of 2 lakh exports in under 38 months, said it garnered more than 55 per cent share in passenger vehicle (PV) exports from India in the first quarter.

Continue reading “Maruti Suzuki dominates PV exports with top three models in Q1”

Summary

• SEC alleges Tricolor executives double-pledged hundreds of millions of dollars of subprime loans
• Agency seeks disgorgement, penalties and industry bars for two of the executives
• Former CEO’s lawyer says allegations are ​inaccurate

HOUSTON, Aug 18 (Reuters) – The U.S. Securities ‌and Exchange Commission on Tuesday sued the former CEO and two other top executives of Tricolor, the latest fallout after the collapse of the Texas-based used-car seller and subprime lender last year. Continue reading “US SEC sues former executives of collapsed auto lender Tricolor”

(Reuters) – Einride AB said it expects revenue growth rate to more than double in the second half of ​the year and announced a deal to add 500 Tesla ‌Semi trucks to its fleet, sending its shares soaring 12% in early trading on Tuesday.

The Swedish freight technology company said the first Tesla Semi deployments are expected in September. Continue reading “Einride forecasts faster growth, adds 500 Tesla Semi trucks to fleet”

BEIJING, (Reuters) – Chinese autonomous driving company Pony.ai has a pipeline of planned and potential overseas robotaxi ​deployments of more than 4,000 vehicles, it said on Tuesday, as it ‌seeks to accelerate its expansion beyond China.

Autonomous driving firms are racing to commercialise robotaxi services overseas. Continue reading “China’s Pony.ai plans to deploy more than 4,000 robotaxis abroad”