Tag: Automobile News
CARS24 raises $400mn in new funding round; Eyes global expansion
One of the world's leading eCommerce platforms for pre-owned cars, CARS24 has concluded a $400 million round of funding that valued the Indian startup...
Tesla’s Cybertruck will have high-end four-motor version; Elon Musk
American electric car and battery maker Tesla’s CEO Mr. Elon Musk has revealed that the company's much-anticipated Cybertruck will have a high-end four-motor variant...
Saudi’s Almajdouie Peugeot kick starts 1st branch in Riyadh
Almajdouie Motors, one of the leading companies in the automotive industry in Saudi Arabia, is stepping up its expansion plans with its first-ever branch...
Xiaomi to open auto plant in Beijing with annual capacity of...
Chinese multinational electronics company, Xiaomi will build an auto unit in Beijing that is expected to have an annual production capacity of 300,000 vehicles,...
Tesla EVs as a Power Bank? Australian Researchers to explore opportunities
The University of Queensland (UQ) in Australia has initiated a world-first international trial to explore if the extra battery capacity in electric cars (EVs)...
UAE’s CarSwitch ventures into Saudi Arabia’s automotive market
The UAE’s top-rated site for buying and selling used cars, CarSwitch, has announced its official launch in Saudi Arabia, as part of the company’s...
Toyota to explore green fuel feasibility with Japanese automakers
Japanese multinational automotive manufacturer, Toyota Motor Corp will join hands with four other vehicle makers in the country to explore the feasibility of alternative...
GM’s heated seats feature on hold due to chip shortage
The American automaker, General Motors (GM) will temporarily halt offering heated seats, one of the most popular choices among vehicle buyers, due to global...
