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Covid 19 Updates Last updated: May 7, 2021, 06:19 GMT

Confirmed

156,681,524

Recovered

134,042,630

Deaths

3,269,340

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Global EV sales accelerating, but government help needed - IEA

As per the International Energy Agency (IEA) the sales for the electric vehicle is rising globally, but still more government action is required on charging stations and fossil-fuel vehicle ban. readmore...

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Honda aims for 100% electric vehicles by 2040, says new CEO

Toshihiro Mibe, the chief executive of Japan’s second-largest automaker Honda Motor Co at his first news conference since taking the helm, stated that the company is aiming to increase ratio of i
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Huge global disparities in electric car ownership - study

According to a study done by Munich Mobility Show, there are still very few electric vehicles on the roads in countries like Russia, South America and Africa, considering that Europe and China are
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Akio Toyoda, President and CEO, Toyota Motor Corporation – 2021 World Car PERSON of the Year

Mr Akio Toyoda, President and CEO, Toyota Motor Corporation, has been voted by 93 distinguished international journalists on the World Car Awards jury panel, as the 2021 World Car Person of the Yea
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Toyota: Investment in e-Mobility Power

Nippon Charge Service (NCS) with e-Mobility Power, Inc., whos equity holders are Tokyo Electric Power Company Holdings, Inc. (TEPCO HD) and Chubu Electric Power Co., Inc. (Chubu Electric), went ahe
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Volvo Cars to review options including IPO, Geely says

On Wednesday, China’s Zhejiang Geely Holding Group stated that its Volvo Cars would explore capital market options that include a potential initial public offering (IPO) and stock market listing.
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Daimler says 2021 off to a strong start, to speed up electrification 

On Wednesday, Daimler AG, a German carmaker announced that it has got off to a good start in 2021 in spite of a lack of semiconductor chips, and it decides to pace up the shift towards electric car
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Aurora, Volvo is the latest partners on self-driving heavy trucks

Global heavy truck manufacturers are lining up technology partners for assisting to manufacture autonomous systems for long-haul freight that might witness an extensive commercial service well to t
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Volvo's latest export: paid parental leave to help female executives

Volvo Cars will be offering all its employees worldwide 24 weeks of paid parental leave in a bid to support female executives and equal parenting.

The carmaker, which is located in Sweden but
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Hyundai Motor to suspend production in South Korea due to chip shortage

On Monday, Korea Economic Daily had reported, quoting the auto industry that South Korea’s Hyundai Motor Co has plans to impose provisional suspension over the production at its Ulsan No.1 plant
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Toyota presses Australia to promote the roll-out of hydrogen fuel stations

On Monday, Toyota Motor Corp unlocked its first commercial hydrogen fuel pump site in the Australian state of Victoria, forcing the government to motivate the rollout of more sites to accelerate th
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VW's Skoda aims for 2021 rebound, plans electric car investments

Part of the Volkswagen Group, Czech carmaker Skoda Auto, announced on Wednesday that it would invest around 2.5 billion euros over the upcoming five years on future technologies, with more than hal
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Toyota, Isuzu revive alliance with capital tie-up

Toyota Motor Corp and Isuzu Motors Ltd had announced a capital alliance on Wednesday, restoring a partnership again to support their competitive edge in connected, commercial vehicles.

Toyota
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Volkswagen says Gernot Doellner becomes new strategy chief

On Tuesday, Volkswagen had announced that Porsche AG executive Gernot Doellner would become the carmaker’s new strategy chief from May 1.

Volkswagen Chief Executive Herbert Diess stated tha
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Analysis: Electric shock - German auto stocks get a new lease of life

Volkswagen and BMW decides to grab market share in the swift growth of the electric car market and challenge Tesla might shift the dial for their cheaply priced shares.

A limit set by many co
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Japan carmakers scramble to assess the impact of Renesas auto chip-plant fire

Toyota, Nissan, Honda, and other Japanese automakers scrambled on Monday to evaluate the manufacturing impact of a fire at a Renesas Electronics automotive chip plant that might accelerate the glob
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GM extends vehicle production cuts due to semiconductor chip shortage 

General Motors Co stated that on Wednesday it was further increasing some production cuts at three North American plants and are about to add fourth to the list, of industry affected by the semicon
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JLR India all set  to launch I-Pace by this month

India is going to see a new era of electric cars with JLR.  Jaguar Land Rover (JLR) India is setting up charging infrastructures in 22 of its retail outlets across the country in order to prep
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GM to idle Corvette output due to parts supply shortage

General Motors is looking to halt production of the hot-selling Corvette sports car next week due to a parts shortage. There Bowling Green Assembly plant in Kentucky, that produces the 2021 Chevrol
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Chipmakers focus on more lucrative business making life difficult for Automakers 

Automakers are facing a persistent chip shortage, the crisis is making life difficult for automakers right now. Automakers rely heavily on the semiconductor industry to supply them with the raw mat
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