#Automobile

.Hong Kong
Only one car can be parked in this parking space. (Photo Credit: Representational Image/PTI)

  • The 12.5 square-metre  spot is part of a development on city's richest residents
  • The average property price in Hong Kong at $1.2 million
  • Millions of the city's residents struggle to afford the rent on shoe-box apartments 

Ford once again is ramping up investment in zero-emission cars. (Photo credit: Unsplash)

  • The US automaker said it will increase investment in electric vehicles
  • The company last week unveiled an all-electric version of its bestselling F-150 truck
  • Ford has begun selling the electric Mustang Mach-E sport utility vehicle

.Detroit, MI, USA
The F-150 was first introduced in 1948, and remains one of Ford's classic offerings in the pickup section. (Photo credit: Screenshot/Instagram/@Ford)

  • This comes after Ford's $22 billion bid to ramp up electric vehicle production by 2025
  • Chairman Bill Ford termed the car as the 'smartest, cleanest' model in the line-up
  • Apart from on-road capabilities, the vehicle can reportedly act as an enegy source for a household for nearly 72 hours

.New Delhi, Delhi, India
Restructuring costs related to Jaguar Land Rover also hit the automaker's bottom line. (Photo credit: Representational/unsplash)

  • During the January-March period, the Indian carmaker posted a consolidated net loss of 76 billion rupees
  • Due to the COVID-19, Tata Motors reported losses for three consecutive quarters last year
  • In February, JLR said it would lay off 2,000 employees in the financial year 2021-22

Lamborghini is owned by Volkswagen subsidiary Audi. (Photo credit: Representational/@lamborghini)

  • The Italian carmaker said its first hybrid series production car would hit the market in 2023
  • Lamborghini said all its models will be "electrified" by the end of 2024
  • By 2025, the company should reduce carbon emissions by half, it said

.Washington D.C., DC, USA
All leading car-manufacturers have announced to launch electric vehicles in near future. (Photo Credit: Representative Image/Unsplash)

  • US officials have announced $5.4 million in grants to build EV chargers at 27 high-traffic locations
  • The new chargers, which will allow motorists to fuel up in 20 to 30 minutes
  • The aim is to normalize EVs, counter range anxiety and create a path to a petroleum-free future

.Imola, Metropolitan City of Bologna, Italy
Red Bull's Max Verstappen started from the third position. (Photo credit: PTI)

  • Lewis Hamilton had started on pole at Emilia Romagna
  • Lando Norris in a McLaren took third place
  • This is Verstappen's 11th career victory

.New Delhi, Delhi, India
The latest electric vehicles have got the fast charging option that can charge cars in just 60 minutes. (Photo Credit: Unsplash)

  • Electric vehicles use an electric motor for propulsion and just need charging before you can use them
  • EVs don't emit carbon at all and buying one can be a step towards fight against climate crisis
  • The low running costs of EVs are the best shot at saving money big time

.Bangalore, Karnataka, India
Epsilon is expected to receive Rs 60 billion ($807 million) of investment to produce 1 lakh tonnes of synthetic graphite anode by 2030. (photo credit: representative image/unsplash)

  • Electric Vehicles made a record share of 54% in total car sales in Norway last year
  • Vikram Handa's company aims to produce about 10% of the global demand for synthetic graphite anode by 2030
  • Ola Electric Mobility Pvt expects to manufacture 15% of the world’s e-scooters by the summer of 2022

.New Delhi, Delhi, India
Hummer EV is all set for its much awaited debut on Sunday. (Photo credit: gmc.com)

  • General Motors has introduced Hummer electric SUV, world's ‘first all-electric supertruck’
  • It consists of standard features such as super-cruise, with driver-assistance for compatible roads enabling hands-free driving
  • The Manufacturer Suggested Retail Price (MSRP) ranges from $79,995 to $112,595