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Skoda and Volkswagen Cars May Be Susceptible to Hacking Due to Infotainment System Vulnerabilities
Security researchers have discovered security vulnerabilities of low-to-medium criticality in select Skoda cars that may enable malicious actors to trigger certain controls, a cybersecurity firm announced at the Black Hat Europe 2024 event this week. At least 12 new vulnerabilities were found impacting the infotainment systems in the latest model o...
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Explained: How Volkswagen Group Allegedly Evaded Billions In Taxes In India
The Volkswagen Group, which include the brands Volkswagen, Audi, Skoda, Porche, and Lamborghini has been accused by Indian authorities of evading $1.4 billion (Rs 118.6 billion) in taxes, which is roughly Rs 11,865 crore.
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Government Said to Expand EV Manufacturing Incentives After Tesla Disappointment
India plans to expand electric vehicle incentives to automakers building models at existing factories. India's EV policy, which is still being finalised, was originally designed to encourage Tesla to enter the market and manufacture locally but the US automaker backed off from those plans earlier this year.
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Hyundai, Kia, Tesla, Volkswagen To Recall Over 456,000 Vehicles Globally For Faulty Parts
Last month, Hyundai Motor, Kia and two other carmakers recalled over 7,700 vehicles due to faulty components.
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Mahindra To Use Volkswagen Electric Components, Battery Cells
Volkswagen and Mahindra & Mahindra Ltd have signed a supply agreement on the use of key electric components of the German carmaker's open platform for electric vehicles (EVs), the companies said in a statement on Friday.
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Audi Executive Says Lowering Import Tax on EV Will Help Test India Market
Volkswagen-owned Audi's India unit said on Friday that any potential cut down on electric vehicle (EV) import taxes would help the German carmaker experiment better with models and pricing in the world's third-largest car market.
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JSW Group Said to Be in Talks to Get Licence for Technology to Build EVs in India
India's steel-to-energy JSW Group is in early talks with Chinese automaker Leapmotor to license technology to build electric vehicles in India, according to people familiar with the discussions. Under the technology licensing agreement, JSW would use Leapmotor's platform to manufacture EVs in India under its own brand name.
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Volkswagen Plans to Launch First EV in India by 2024: All Details
Volkswagen on Tuesday said that it plans to introduce its first EV in India by 2024. The German automaker plans to launch its premium electric SUV ID.4 according to, a senior company official. Volkswagen expects 25-30 percent of its total sales in India to come from EVs by 2030.
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Chinese EV Makers Aim for European Markets With Affordable Cars, Top NCAP Rating
Chinese electric vehicle (EV) makers have set their sights on winning over European drivers and large corporate customers with more affordable cars that come with top safety ratings and lots of high-tech features. In the last few months, several Chinese EVs have received five-star European New Car Assessment Programme (NCAP) ratings — an achievem...
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EV Manufacturer Concerns Over Subsidies to Be Discussed by US, EU Task Force Next Week
EV manufacturer worries regarding the $430 billion (roughly Rs. 35.3 lakh crore) Inflation Reduction Act that was enacted by the US in August will be discussed by a task force, comprising US and EU officials, next week. The recently passed US law is aimed at rolling back climate change and making Washington a world leader in the EV market. However,...
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Automakers Plan to Double Spending on EVs, Batteries to $1.2 Trillion by 2030, Analysis Reveals
Automakers are planning to double their spending on the development and production of millions of electric vehicles to nearly $1.2 trillion (roughly Rs. Rs. 98.4 lakh crore) through 2030, analysis by Reuters reveals. Manufacturers have forecast plans to build 54 million battery EVs in 2030, representing more than 50 percent of total vehicle product...
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Mahindra Said to Be in Talks to Raise Up to $500 Million to Accelerate Plans to Build Electric Vehicles in India
Mahindra is said to be in discussions with global investors as the automaker seeks to raise an investment of up to $500 million (roughly Rs. 4,040 crore) ahead of plans to build electric vehicles in the country. The talks are said to have taken place a few weeks after the company announced that it plans to launch five electric SUVs over the next f...
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Volkswagen Tests Electric Vehicles Under Skoda Brand for India Market
Volkswagen has started testing some electric vehicles from the Skoda brand in India. The auto major is evaluating the products to be brought to the country for electromobility targeting mass segment, according to a senior company official. The VW group has a presence in India through its brands, including Volkswagen, Skoda, Audi, Porsche, Lamborghi...
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Mahindra to Launch Five Electric SUVs as XUV, BE for Domestic, International Markets Starting 2024
Mahindra has announced plans to enter the electric passenger vehicle segment with the 2024 launch of five new electric Sports Utility Vehicles (SUVs) for both domestic and international markets. The five electric SUV models would be introduced under two brands — XUV and BE. Mahindra has also deepened partnership with Volkswagen for supply of MEB ...
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CATL to Set Up $7.6 Billion Hungary Battery Plant to Supply BMW, Mercedes Amid Growing Demand
CATL, the world's biggest electric vehicle battery maker has announced plans to build a EUR 7.3 billion (roughly Rs. 59,600 crore) battery plant in Hungary, Europe's largest so far, as the world's biggest electric vehicle battery maker gears up to meet growing demand from global automakers.
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Skoda and Volkswagen Cars May Be Susceptible to Hacking Due to Infotainment System Vulnerabilities
Security researchers have discovered security vulnerabilities of low-to-medium criticality in select Skoda cars that may enable malicious actors to trigger certain controls, a cybersecurity firm announced at the Black Hat Europe 2024 event this week. At least 12 new vulnerabilities were found impacting the infotainment systems in the latest model o...
-
Explained: How Volkswagen Group Allegedly Evaded Billions In Taxes In India
The Volkswagen Group, which include the brands Volkswagen, Audi, Skoda, Porche, and Lamborghini has been accused by Indian authorities of evading $1.4 billion (Rs 118.6 billion) in taxes, which is roughly Rs 11,865 crore.
-
Government Said to Expand EV Manufacturing Incentives After Tesla Disappointment
India plans to expand electric vehicle incentives to automakers building models at existing factories. India's EV policy, which is still being finalised, was originally designed to encourage Tesla to enter the market and manufacture locally but the US automaker backed off from those plans earlier this year.
-
Hyundai, Kia, Tesla, Volkswagen To Recall Over 456,000 Vehicles Globally For Faulty Parts
Last month, Hyundai Motor, Kia and two other carmakers recalled over 7,700 vehicles due to faulty components.
-
Mahindra To Use Volkswagen Electric Components, Battery Cells
Volkswagen and Mahindra & Mahindra Ltd have signed a supply agreement on the use of key electric components of the German carmaker's open platform for electric vehicles (EVs), the companies said in a statement on Friday.
-
Audi Executive Says Lowering Import Tax on EV Will Help Test India Market
Volkswagen-owned Audi's India unit said on Friday that any potential cut down on electric vehicle (EV) import taxes would help the German carmaker experiment better with models and pricing in the world's third-largest car market.
-
JSW Group Said to Be in Talks to Get Licence for Technology to Build EVs in India
India's steel-to-energy JSW Group is in early talks with Chinese automaker Leapmotor to license technology to build electric vehicles in India, according to people familiar with the discussions. Under the technology licensing agreement, JSW would use Leapmotor's platform to manufacture EVs in India under its own brand name.
-
Volkswagen Plans to Launch First EV in India by 2024: All Details
Volkswagen on Tuesday said that it plans to introduce its first EV in India by 2024. The German automaker plans to launch its premium electric SUV ID.4 according to, a senior company official. Volkswagen expects 25-30 percent of its total sales in India to come from EVs by 2030.
-
Chinese EV Makers Aim for European Markets With Affordable Cars, Top NCAP Rating
Chinese electric vehicle (EV) makers have set their sights on winning over European drivers and large corporate customers with more affordable cars that come with top safety ratings and lots of high-tech features. In the last few months, several Chinese EVs have received five-star European New Car Assessment Programme (NCAP) ratings — an achievem...
-
EV Manufacturer Concerns Over Subsidies to Be Discussed by US, EU Task Force Next Week
EV manufacturer worries regarding the $430 billion (roughly Rs. 35.3 lakh crore) Inflation Reduction Act that was enacted by the US in August will be discussed by a task force, comprising US and EU officials, next week. The recently passed US law is aimed at rolling back climate change and making Washington a world leader in the EV market. However,...
-
Automakers Plan to Double Spending on EVs, Batteries to $1.2 Trillion by 2030, Analysis Reveals
Automakers are planning to double their spending on the development and production of millions of electric vehicles to nearly $1.2 trillion (roughly Rs. Rs. 98.4 lakh crore) through 2030, analysis by Reuters reveals. Manufacturers have forecast plans to build 54 million battery EVs in 2030, representing more than 50 percent of total vehicle product...
-
Mahindra Said to Be in Talks to Raise Up to $500 Million to Accelerate Plans to Build Electric Vehicles in India
Mahindra is said to be in discussions with global investors as the automaker seeks to raise an investment of up to $500 million (roughly Rs. 4,040 crore) ahead of plans to build electric vehicles in the country. The talks are said to have taken place a few weeks after the company announced that it plans to launch five electric SUVs over the next f...
-
Volkswagen Tests Electric Vehicles Under Skoda Brand for India Market
Volkswagen has started testing some electric vehicles from the Skoda brand in India. The auto major is evaluating the products to be brought to the country for electromobility targeting mass segment, according to a senior company official. The VW group has a presence in India through its brands, including Volkswagen, Skoda, Audi, Porsche, Lamborghi...
-
Mahindra to Launch Five Electric SUVs as XUV, BE for Domestic, International Markets Starting 2024
Mahindra has announced plans to enter the electric passenger vehicle segment with the 2024 launch of five new electric Sports Utility Vehicles (SUVs) for both domestic and international markets. The five electric SUV models would be introduced under two brands — XUV and BE. Mahindra has also deepened partnership with Volkswagen for supply of MEB ...
-
CATL to Set Up $7.6 Billion Hungary Battery Plant to Supply BMW, Mercedes Amid Growing Demand
CATL, the world's biggest electric vehicle battery maker has announced plans to build a EUR 7.3 billion (roughly Rs. 59,600 crore) battery plant in Hungary, Europe's largest so far, as the world's biggest electric vehicle battery maker gears up to meet growing demand from global automakers.
