BMW India to launch 19 cars & 3 bikes in 2023 timesnownews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from timesnownews.com Daily Mail and Mail on Sunday newspapers.
St. Louis has filed a federal lawsuit against Kia and Hyundai for not installing industry-standard anti-theft technology in their vehicles which resulted in thousands of car thefts in the city. They seek damages in excess of $75,000. Other cities like Columbus, San Diego, Seattle, Milwaukee, and Cleveland have filed similar lawsuits. Owners burned some of these brands' cars after a TikTok challenge showed viewers how to hot-wire cars with a USB cord and a screwdriver.
Lexus India is looking to expand its customer base by increasing sales contribution from professionals such as doctors, architects, and lawyers, among others, according to the company's president, Naveen Soni. Lexus India intends to enhance its sales infrastructure and is looking to expand to around 25-30 outlets by 2021-end. The company is currently selling six models in India, including the locally-produced ES 300h sedan.
The US Treasury is set to release guidance on which electric vehicle battery tax subsidies are eligible under President Joe Biden s climate change law. The guidance will govern US-made equipment, wages paid by operators, bonus tax credits for new energy projects and bonus tax credits for clean energy projects built in fossil-fuel dependent communities. Many of the rules are targeted at reducing US reliance on China, which dominates global supply chains of solar panels and EV batteries.