Australia, which is rich in minerals used for batteries like lithium and nickel, is poised to benefit as developing supply chains for electric vehicle batteries while following responsible production practices.
Home-grown commercial vehicle manufacturer, Ashok Leyland has released its monthly sales numbers for May 2021. Last month, the company's total sales stood at 3199 units, registering a 62 per cent decline compared to 7961 units sold in April 2021.
Cruise LLC, the autonomous vehicle (AV) company majority-owned by General Motors Co, has urged President Joe Biden to back efforts to speed thousands of self-driving cars to U.S. roads, saying the country risks lagging behind China.
U.S. securities watchdog told Tesla Inc last year that Chief Executive Officer Elon Musk's use of Twitter had twice violated a settlement requiring his tweets to be pre-approved by company lawyers, the Wall Street Journal reported.
Mahindra Farm recorded 5 per cent sales decline in the domestic market last month while it exported more volumes in the same month, leading to a triple-digit growth in exports.
Kia India has released the monthly sales numbers for May 2021, registering domestic sales of 11,050 units. Compared to the 16,111 vehicles sold in April 2021, the South Korean carmaker has witnessed a Month-on-Month (MoM) decline of 31 per cent.
Hyundai recorded triple-digit YoY sales growth in May 2021 which is essentially attributed a low base last year due to the nationwide lockdown last year in a bid to control the spread of coronavirus.
