WAF Auto News | The Auto World This Week (10th November 2023)

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Lithium producers stay bullish on EVs despite growing headwinds WAF

ClubD2S Recognizes Outstanding Contributions to Road Safety Journalism WAF


INDIA

Volkswagen India inaugurates new touchpoint in Ajmer, expands regional footprint to seven sales and six service outlets in Rajasthan WAF

MG Motor India joins NITI Aayog’s ‘Shoonya campaign’ for zero pollution ETAuto

Odd-even scheme deferred; Delhi plans cloud seeding, ban on app-based cabs from other states to fight smog WAF

Indian automakers see best Navratri sales in six years — but FADA cautious on high inventory CNBC

India unlikely to have hyperloop trains in near future: NITI member V K Saraswat WAF

Gogoro inks pact with HPCL to set-up battery swapping stations across India WAF

Tata and Jaguar Land Rover partner for next-gen EV tech CNBC

Okaya Group firm to install 2,550 EV chargers in collaboration with IOC at investment of INR 125 crore WAF

Hyundai Motor India set for SUVs accounting over 60% of total sales this year: COO Tarun Garg WAF

GoMechanic raises INR 50 cr from marquee investor, existing shareholders WAF

Olectra Greentech Q2 PAT nearly triples to INR 19 cr WAF

Restrictions, PLI, mandatory quality norms help cut import of certain non-essential goods WAF

Euler Motors raises ₹120 crore in Series-C extension round CNBC

Lotus Makes India Entry, Launches Eletre E-SUV At Rs 2.55 Crore car&bike

Reliance JioMotive OBD-Based Telematics Solution For Cars Launched At Rs 4,999 car&bike


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ASIA

Exclusive: Geely’s Zeekr edges closer to US IPO, to make filing public this week – sources WAF

Nissan and Honda get some relief as weak yen amplifies uptick in sales WAF

Singapore’s car-lite policy reduces car ownership to one-third, down from 40% in 2013 WAF

Polestar signs deal with South Korea’s SK On for Polestar 5 EV WAF

NTT says to test driverless vehicle tech with Toyota, invest in US startup WAF

Nippon Paint Auto Refinishes announces acquisition of D-Act Company Ltd. WAF

Chinese EV upstart Nio plans to cut workforce by a tenth WAF


EUROPE

Swedish EV maker Polestar trims delivery forecast, halves margin target WAF

Huge potential for growth in Europe: Royal Enfield CEO WAF

Hero MotoCorp to foray into Europe with EV range next year WAF

Tesla to build 25,000-euro car in Germany – source WAF

China EV maker BYD to build first Europe plant in Hungary, Frankfurter Allgemeine Sonntagszeitung reports WAF

Tesla raises wages 4% for German workers amid union pressure, WSJ reports WAF

BMW says ‘no interest’ in price war as order books bulge WAF

Mercedes says ‘brutal’ EV market will pressure car sales margins CNBC


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USA

Lyft beats third-quarter estimates, bookings underperform rival Uber WAF

Biden will meet UAW’s Fain, laud union’s deals with Detroit automakers WAF

US Commercial fishing groups sue tire manufacturers over fish-killing chemical WAF

US Senate votes to reject ‘Buy America’ EV charging waiver WAF

UAW to ‘pull out all stops’ organizing nonunion automakers WAF

Rivian raises production target amid broader EV demand fears WAF

Uber bets on holiday demand after dull third quarter WAF

GM’s Cruise recalling 950 driverless cars after pedestrian dragged in crash WAF

Large pickup trucks fare poorly in protecting back seat passengers -study WAF


LATIN AMERICA

GM cancels 1,245 layoffs at factories in Brazil, union says WAF


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