Bajaj Auto plans to launch the world's first commercially available CNG-powered bike, a move amidst the rising popularity of EVs. With its history of CNG three-wheelers, Bajaj aims to transfer this technology to motorcycles. Despite the potential for lower running costs and emissions, challenges remain in pricing, infrastructure, and market acceptance compared to electric alternatives.

According to the report by ExperiencesWithEV, a research analysis firm that tracks the EV sector in India, Six months ago, there were 21 charge point operators (CPOs) with at least 15 charging guns in a state/UT. However, now there are 23 CPOs with at least 20 charging guns. The CCS2 charging points have risen in Haryana, Rajasthan, and Kerala

Elon Musk-led Tesla is laying off 6,020 employees in Texas and California amid slowing demand for its cars and falling margins. Tesla will cut 3,332 jobs in California and eliminate 2,688 positions in Texas, starting June 14. Last week, Tesla announced an over 10% cut in its global workforce, affecting 14,000 employees.

Elon Musk-led Tesla reported a 55% fall in its net profit from $2.51 billion to $1.13 billion year-over-year during the quarter between January and March. Its revenue fell 9%, its first drop since the pandemic in 2020 and the steepest it has seen since 2012. This comes amid layoffs at Tesla and several recalls of vehicles.

The Honda Amaze sub-compact sedan has seen a decline in its safety rating from four stars to two stars in the latest Global NCAP crash tests. Concerns have been raised regarding the sedan's ability to ensure the safety of child occupants, highlighting the need for enhanced safety features and standards in the automotive industry.

Tesla has emerged as the cheapest car brand to maintain with a 10-year maintenance and repair cost of $4,035, according to Consumer Reports. Buick and Toyota had the second lowest maintenance cost of $4,900, followed by Lincoln ($5,040), Ford ($5,400) and Chevrolet ($5,550). German brands Porsche, Mercedes-Benz, Audi and BMW ranked as some of the most expensive ones to maintain.

Tesla has fired its entire US 'growth content' team as part of companywide layoffs, Bloomberg reported. The team was reportedly formed by senior manager Alex Ingram about four months ago and had roughly 40 employees. Responding to the report, CEO Elon Musk said, "The ads were far too generic – could've been any car."

He wrote on X, "Absolutely nonsense behaviour from @Uber_India cab driver. After driving for 1 km cab driver started asking for Rs 200 extra. My wife even pressed SOS button for help from Uber to fix this matter. It's been 2 days and not a single person from Uber care to know exactly why SOS was pressed. No follow-up."

More than one in five cars sold worldwide this year is expected to be electric, with surging demand projected over the next decade set to remake the global auto industry and significantly reduce oil consumption for road transport, the new edition of the IEA`s (International Energy Agency) annual Global Electric Vehicle Outlook said on Tuesday.

Ather Energy is expected to raise around $95 million in a pre-IPO funding round, which would help the electric two-wheeler maker enter the unicorn club, two sources aware of developments in the company told YourStory. Hero MotoCorp, among Ather's largest shareholders, could participate in the round. Sachin Bansal could sell his entire stake in Ather to Zerodha's Nikhil Kamath.