Rivian’s Amazon Delivery Vans Hitting Mass Production

Rivian is one of the hottest EV startups doing the rounds. It has deep pockets thanks to investments from Ford, Amazon and many venture capital firms. Amazon’s investment in Rivian originally was $700 million which entailed the startup producing 100,000 electric delivery trucks. It was supposed to be delivering…

Sensex Rallies Over 200 Points; Autos, Financials Lead Gains

The domestic stock markets have opened in the green on the back of positive global cues. Wall Street had closed at new highs on Friday and early trends on SGX Nifty had indicated a gap-up opening for the markets back home. At 9:20 am, the Sensex was trading at 52,710.63, higher by 222 points or 0.47 per cent and…

Skoda’s New-Gen “Octavia” India Launch Details Out

The fourth generation of the Octavia is based on the updated MQB platform and is larger in proportions than the outgoing car. Skoda Auto India is good to go to dispatch the new age of the Octavia in the country on June 10, 2021. The organization was to dispatch the vehicle in May this year yet the arrangement was…