A group of major automakers on Wednesday said they were forming a new company to provide electric vehicle charging in the United States in a challenge to Tesla and a bid to take advantage of Biden administration subsidies. The group includes General Motors, Stellantis, Hyundai Motor and its Kia affiliate,…
Leading carmakers are grappling with a huge backlog of around 6.5 lakh units, with chip shortages continuing to crimp their manufacturing activities and leading to long waiting periods for customers. The country’s largest carmaker Maruti Suzuki alone has a backlog of around 3.4 lakh units while Hyundai and Mahindra &…
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