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Hero MotoCorp buys additional Ather shares worth INR 140 cr | Scorpio-N gets zero safety ANCAP rating | Exponent Energy raises USD 26.4 mn

Hero MotoCorp buys additional Ather shares worth INR 140 cr | Scorpio-N gets zero safety ANCAP rating | Exponent Energy raises USD 26.4 mn
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ETAuto Newsletter | Friday, December 15, 2023

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Top Stories
Hero MotoCorp increases stake in Ather, buys additional shares worth INR 140 cr
Scorpio-N gets zero safety ANCAP rating; M&M working to meet unique regulations
Exponent Energy raises USD 26.4 mn in series B round led by Eight Roads Ventures
Tata Tech opens vehicle software-focussed innovation centre in Coimbatore
Was Maruti 800 truly the brainchild of Sanjay Gandhi?
Hero MotoCorp appoints Vivek Anand as CFO, and Rachna Kumar as CHRO
NHAI may top 10k cr target of auctioning
Volvo Car India to increase prices up to 2% from January
India is going to become the manufacturing cradle of the world: Harsh Goenka
Kia unveils new Sonet in India, comes with ADAS and 6 airbags as standard
Owner of former Volvo truck plant in Russia relaunches production
Shift towards motion technology may brighten Schaeffler India's prospects Mint
Logistics cost in India at 7.8% - 8.9% of GDP in 2021-22: NCAER report BusinessLine
Mahindra set to drive in its first electric truck in 2025 Mint
Indian cities need unified public transport networks BusinessLine
VW's Cariad software restructuring avoids forced layoffs Europe.autonews.com
France's revamped EV incentives toughen market for China-made cars Nikkei Asia
EU could lose to China and U.S. without a strong EV strategy Europe.autonews.com
Electric Vehicles
Planning to buy an electric car? Here's how much you may have to pay to replace its battery
Auto Technology
Revamp Moto joins with Bolt.Earth for EV efficiency enhancement
New Holland TT and TT4 tractors lead in smart farming with MyPLM Connect
Valeo produces 20 millionth front camera system with Mobileye tech
Vietnam tech firm FPT launches auto unit, plans USD 100 mn investment
Driverless vehicles on limited routes bump along despite US robotaxi scrutiny
GM's Cruise robotaxi unit dismisses nine execs after safety probe
BMW gains test license for L3 autonomous driving in Shanghai
Passenger Vehicle
Audi India opens RE-powered ultra-fast charging station in Mumbai
Volkswagen new ID.7 wins five stars in Euro NCAP safety rating
GM still planning to end gas-powered vehicle sales by 2035: CEO
New 2024 Lexus GX comes with continued off-road prowess
France bonus scheme to cover 65% of electric cars -sources
Senior staff at auditing firm distance themselves from audit of VW's China plant
Tesla to lose USD 7,500 consumer tax credits for some Model 3 vehicles
Ferrari and Philip Morris to collaborate to cut carbon footprint of Italian plants
Lucid has assembled near 800 cars in Saudi plant, focused on training -VP
Tesla labour dispute sparks Nordic sympathy strikes
Swedish labour union to stop collecting Tesla waste
Two Wheelers
Ather Energy program offers new facilities to customers till Dec 31
Auto Components
India's steel imports at all-time high
Bolivia signs USD 450 mn lithium deal with Russia
Industry
Nippon Paint India acquires Vibgyor Paints and Chemicals
NCAER pegs India's logistics cost between 7.8-8.9% of GDP in FY22
Tata Motors showcases wide range of mobility solutions at Excon 2023
Govt ramps up mineral exploration, fuels self-reliance drive with direct project sanctions
Dollar takes a dive after Fed signals rate cuts next year
EU lawmakers, countries agree on a bill on gig workers' rights
Policies to support energy transition losers may fall short
Volkswagen India inaugurates two new touchpoints in Uttar Pradesh
Reliance Industries Ltd and DBS Bank partner to finance CBG projects
Railways to green flag INR 1 lakh cr train set bids
Fed flags end of rate hikes, sees lower borrowing costs in 2024
GM's long-time product development chief set to retire
Oil & Lubes
India's Russian oil imports hit 4-month high in November, up 3% on month
Oil demand growth in India to taper in 2024 after bumper years
Oil rises on Middle East worries, future cuts to borrowing costs
BP pulls back USD 40 mn in pay from former CEO Bernard Looney
EIA: Crude prices likely to stay around USD 83 per barrel in 2024
Aftermarket
redBus to expand in Vietnam and Cambodia this quarter
Complaints about car financing, insurance race up UK ombudsman's in-tray
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