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M&M subsidiary SsangYong Motor misses Rs 408 crore loan repayment

autherAutocar Pro News Desk     calendar15 Dec 2020

Mahindra has stated that ‘while the company has made a commitment to cover the above-mentioned loans to the banks, its final liability will be limited to the extent of amount not recovered from SsangYong Motor.

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Jaguar Land Rover halts production at Castle Bromwich plant

By Lawrence Allan, Autocar UK calendar14 Dec 2020

JLR cites supplier issues as the reason for the temporary, partial line closure, despite a drop in sales of models pro...

Hyundai to acquire Boston Dynamics from SoftBank, eyes leap in robotics and mobility

autherAutocar Pro News Desk calendar11 Dec 2020

Hyundai Motor Group, together with mobile robit firm Boston Dynamics, to create robotics value chain ranging from robo...

Israel’s Innoviz goes public in $1.4 billion SPAC pact

autherAutocar Pro News Desk calendar11 Dec 2020

In addition to Magna International, Innoviz has established several partnerships with other leading Tier 1 automotive ...

Britishvolt selects Blyth in Northumberland to build the UK’s first battery gigaplant

autherAutocar Pro News Desk calendar11 Dec 2020

The gigaplant is strategically important to the UK auto industry; Blyth site chosen for its excellent transport links ...

Ola appoints Julien Geggard to lead European operations for its e-scooter biz

autherAutocar Pro News Desk calendar11 Dec 2020

In his new role Julien will be responsible for building and growing Ola’s European operations for its electric busines...

France’s Forsee Power to supply battery systems to Kubota

autherAutocar Pro News Desk calendar11 Dec 2020

Forsee Power says its engineers have developed a new high-power Forsee Pulse solution integrating lithium titanate ox...

Continental develops autonomous AGV

autherAutocar Pro News Desk calendar10 Dec 2020

The first robotic vehicles in the development stage are now test-driving autonomously at two plant sites, transporting...

European refrigerated truck rental firm to buy 1,000 full-electric Volta trucks

autherAutocar Pro News Desk calendar10 Dec 2020

Volta Trucks and the Petit Forestier Group ink sale of 1,000 full-electric Volta Zeros to develop a fleet of zero emis...

Linde and Daimler Truck to jointly develop liquid-hydrogen refueling tech for trucks

autherAutocar Pro News Desk calendar10 Dec 2020

Innovative ‘sub-cooled’ liquid hydrogen technology allows for higher storage density, greater range, faster refueling ...