Latest Smartphones, Gadgets and Startups News
Auto
Ahead of the Red Bull Showcase in Mumbai, Red Bull India showcased the Red Bull RB7 Formula 1 car at an event showcasing the car’s fit-out and engine details. As part of the event, Red Bull India started the car’s engine and Red Bull Racing mechanics assembled various components of the car, allowing spectators to…
Tesla is under investigation by U.S. regulators over complaints that the steering wheels of some new Model Y vehicles may detach during use. The National Highway Traffic Safety Administration said it has discovered two incidents in which drivers’ wheels separated from the steering column while driving 2023 SUVs. The initial assessment began on March 4…
It’s a critical moment for Tesla now, as Elon Musk seeks to crack the code on making better, cheaper batteries. The electric car maker is recruiting materials suppliers in China and South Korea to help lower costs and boost the energy of its latest batteries, according to people familiar with the matter, even as the…
IT company Tech Mahindra on Saturday announced the appointment of former Infosys president Mohit Joshi as managing director and CEO-designate, who will take over from CP Gurnani upon his retirement on December 19 this year. The news follows Joshi’s resignation from Infosys, where he served as head of its global financial services and healthcare and…
Mitsubishi Motors plans to have hybrid and pure electric vehicles account for all new car sales by the middle of the next decade, strengthening its electrification strategy to stay competitive in key markets. Mitsubishi, which is also a junior partner in the alliance between France’s Renault and Nissan, said it would launch 16 new models…
Hero Electric said on Wednesday that its manufacturing plant in India will produce more than 1 million vehicles annually in the next two to three years. The company has launched three new versions of its electric scooters priced between Rs. 85,000 to Rs 1.30 lakh, it plans to set up a greenfield factory in Rajasthan…
Automaker Lamborghini plans to deploy hybrid technology in its models in India by the end of 2024, a top executive said, as the Italian supercar maker aims to halve emissions from its cars in the next few years. The niche player also expressed confidence that the country’s tax policy remains consistent, although any tax cuts…
Formula 1 returns with the 2023 Saudi Arabian Grand Prix, taking place from Friday 17 March to Sunday 19 March. This is the third Saudi Arabian Grand Prix, the 2023 edition, and the second race of the 2023 Saudi Arabian Grand Prix, following Red Bull Racing’s dominance in Bahrain in early March. While Red Bull…
Indian carmakers Mahindra and Mahindra Ltd are in advanced talks with global investors to raise between $1 billion (about Rs 82,659 crore) and $1.3 billion to accelerate the expansion of their electric vehicle units, Mint reported on Wednesday. The report quoted people familiar with the matter as saying that the company plans to raise funds…
Mahindra & Mahindra on Wednesday said the International Finance Corporation (IFC), part of the World Bank Group, will invest Rs 600 crore in a new unit of the company that will be set up to expand the last-mile electric vehicle business. IFC is investing Rs 600 crore in a new last-mile mobility (LMM) company, which…