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Ola raises INR 3,200cr for EV biz| CCI approves re-balancing of cross-shareholdings b/w Renault & Nissan| JSW to buy Ford's factory, stake in MG India

Ola raises INR 3,200cr for EV biz| CCI approves re-balancing of cross-shareholdings b/w Renault & Nissan| JSW to buy Ford's factory, stake in MG India
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ETAuto Newsletter | Friday, October 27, 2023

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Top Stories
Ola Electric raises INR 3,200 crores to scale up EV business and build gigafactory for cell manufacturing
CCI approves re-balancing of cross-shareholdings between Renault and Nissan
Sajjan Jindal to buy Ford's factory, stake in MG India
Toyota initiates process to enhance manufacturing capacity in India
Piaggio sells about 26,000 electric 3-wheelers in 2023
Adani Group seeking to raise USD 4 billion to fund green hydrogen plans
Hyundai Motor's Q3 net profit rises 151%, beats forecasts
Global EV demand is slowing and high interest rates are the culprit: Report
India begins producing 'reference' fuel, joins select league of nations
India's ONGC hopes to recover over USD 500 mn dividend as sanctions on Venezuela eased
India can reduce fossil fuel dependence, cut import bills by USD 29 bn through biogas adoption: Report
Wardwizard signs INR 2,000cr MoU with Gujarat Govt to develop EV Ancillary Cluster
Audio Interview: The Mexico Truck & Bus Aftermarket Study - 2023
CESL eyes private sector participation in EV charging infra development BusinessLine
Charzer introduces EV charging on Whatsapp BusinessLine
Great Wall intends to assemble vehicles in Malaysia Autonews.com
Mitsubishi ends JV with GAC Autonews.com
China's Gotion to build EV battery materials plant in Michigan Nikkei Asia
Electric Vehicles
Altigreen launches neEV Tez with flexible charging options
Comply with EV charging stns order in week, Municipal Corporation told
Auto Technology
Japan Mobility Show: Honda showcases future mobility concepts, autonomous vehicles
Tesla aware of Autopilot steering malfunction before fatal crash
Hyundai expands free anti-theft software installation mobile clinics in US
Arizona says closely monitoring use of self-driving vehicles
Tesla aware of Autopilot steering malfunction before fatal crash
Passenger Vehicle
Toyota recalls 751,000 Highlanders in the US to make sure bumper covers and hardware can't fall off
JLR to build electric Defender model at Slovak plant
BMW X4 M40i debuts in India at INR 96.20 lakh
Mercedes says 'brutal' EV market will pressure car sales margins
Stellantis to invest EUR 1.5 bn in Leapmotor for 20% stake; to set up JV for EV sales
Volkswagen sticks to EV targets and pricing despite knock to demand
Hyundai sticks to EV rollout plans, sees solid growth this year
Volkswagen says commodity markets still uncertain after Q3 hedge hit
Volvo Cars profit jumps on higher revenue, lower costs
UK car output growth strongest in September as overseas shipments rise: SMMT
Two Wheelers
Harley-Davidson profit slumps on weakening demand, shares tumble 11%
Auto Components
EAM to build USD 650 mn EV battery materials plant in US
Log9 Materials to buy back INR 1.5 cr ESOP this year
Cabinet approves pact between India, Japan on semiconductor supply chain
Atlas Copco Q3 tops forecast, but warns of slow semiconductor recovery
Vehicle production schedules veer to normalcy as chip supplies improve
From waste to watts: Lohum targets 4GWh recycling expansion; eyes 5 million tons CO2 offset by 2026
Are iron-flow batteries the solution to variable renewables?
Industry
MSME segment key growth driver, 5k businesses onboarded every month under 'Neo for Business', says Amitabh Chaudhry
Electric Mobility in Urban Planning: A Roadmap to Cleaner, Greener Cities
Tesla gets USD 100 mn US ultra-fast charger order from BP EV charging unit
Natural gas consumption rises 7% in first half
Ford agrees to 25% wage hike in tentative deal to end UAW strike
China was top finished steel exporter to India in April-Sept: Govt Data
How e-commerce glittered small businesses this festival season?
Essar to start work on USD 4 billion Saudi steel plant from 2024
Ford, UAW negotiators reach tentative labor deal
Shell cuts low-carbon jobs, scales back hydrogen in overhaul by CEO
SQM deal values Australian lithium developer at USD 1 bn
Oil & Lubes
Energy crossroads: The pinnacle and peril of peak oil
Chevron's Caltex Lubes returns to India after 12 years; HPCL to market it
Commercial Vehicle
Nashik civic body submits final proposal to receive 100 e-buses
Odisha private bus owners to take call on proposed strike on Oct 30
BMW Group Logistik tests e-semitrailer in various scenarios
Aftermarket
US auto safety agency investigating two new GM Cruise crash reports
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