Hyundai enters community-based NFT market – Hindustan Times Auto News

The automaker mentioned its NFT community will provide its users with the Hyundai brand experience in the metaverse by sharing NFTs depicting its mobility solutions. The online platforms will provide an open 24/7 communications channel between the company and community members, with real-time updates on the asset value of its NFTs. “The Hyundai NFT universe […]

Electric-vehicle push bumps up against chaos in nickel market – Hindustan Times Auto News

The price surge means automakers will have to redouble efforts to find substitutes or alternate sources, one of which could come from Tsingshan Holding Group Co., the Chinese mining giant at the center of the short squeeze that last year introduced a way to produce battery nickel from low-grade ore. For now, buyers are also […]

Watch: GM CEO Mary Barra takes her first fully driverless ride – Hindustan Times Auto News

General Motors’ CEO Mary Barra and President Mark Reuss recently took rides in two fu autonomous vehicles of its subsidiary unit, Cruise. On her way into the car, she peeks in through the window and reflects on the strangeness of a vehicle moving without a driver. The executives sitting in the back seats, also notice […]

Prototype of Tesla Cybertruck spotted at Supercharging station – Hindustan Times Auto News

Tesla has not revealed how much time will the Cybertruck take to get charged, however, it is being guessed that it will be at the maximum level of the Superchargers as the electric vehicle will sport a very large battery, potentially 200 kWh or more. It has been a while that Tesla enthusiasts have been […]

Bad news for autonomous driving enthusiasts: No OEM meets IIHS safety criteria

The new safety requirement for autonomous driving technology by the IIHS demands full awareness of the driver about their surroundings without being dependent on the driving aids. The organization recently announced that it will test driver monitoring systems for cars that have such technology equipped. According to the IIHS safety requirement, there must be constant […]

Air taxi market may touch $1.5 trillion by 2040 – Hindustan Times Auto News

Morgan Stanley, a US investment company, has predicted that the global UAM market will increase by 30 per cent annually between 2021 and 2040, hence touching a massive amount of $1.5 trillion by 2040. The first phase of the ‘Grand Challenge’ project will be conducted next year at the National Comprehensive Flight Performance Test Center […]

Why Tesla may further dominate world’s biggest EV market come 2022 – Hindustan Times Auto News

Sales of electric vehicles in China, also referred to as new-energy vehicles here, have been on a steady rise despite overall vehicle sales here going through a tumultuous time. It is further estimated that Tesla would be able to roll out 2 million units each year by the end of 2022, up from one million […]

Hyundai, Kia’s market share continues to decrease in Chinese market – Hindustan Times Auto News

The sales of passenger cars including sedans, SUVs, and MPVs fell 13 per cent to 1,816,000 units and commercial vehicles fell to 28,000 units, just like last year. Retail sales of Hyundai Motor Beijing fell 42 per cent year-on-year to 26,000 units in November, while that of Dongfeng Kia fell 30 per cent to 13,000 […]

Yamaha plans to exploit trend in favour of personal mobility amid Covid-19

“Within the personal mobility space, two-wheelers prove to be the most viable option of commute due to low maintenance, easy maneuverability and the convenience of riding over multiple terrains. Shitara said that the Japanese two-wheeler aims to extend its retail footprint in India through premium retail outlets in coming days. “By the end of 2021, […]