Hyundai Motor Group’s Indian operations have been “pivotal” in driving growth at the Korean automotive conglomerate since the pandemic despite recessionary conditions worldwide, Euisin Chung, the group’s executive chair said on Thursday.He said the group is working on expanding annual capacity in India across Hyundai and Kia brands by more than a third to 1.5 … Read more
Ford is delaying the rollout of its new electric pickup truck and electric SUV as the demand for EVs decelerates industry-wide. The Dearborn, Mich., auto giant said on Thursday it had delayed the launches of its electric pickup truck built in Tennessee and the three-row SUV manufactured in Ontario, Canada. Despite the delay, the auto-manufacturing … Read more
“There is work that is being done on the charging infrastructure. Charging infrastructure needs a lot more work to do and we are also doing some work in that area,” says Ravi Pandit, Chairman, KPIT Technologies.Can you outline for the benefit of our viewers that how has KPIT benefited because of EVs? How much of … Read more
Tesla sales fell last quarter amid increased competition in the electric vehicle manufacturing sector, despite the Austin, Texas, company decreasing prices to bring in more buyers. The electric car company said it built 433,371 vehicles and delivered 386,810 from January through March this year. The number of deliveries is down from the first three months … Read more
While China epitomises strategic synergy, the United States is caught in a conundrum of infrastructural challenges and market inertia. The evolution of China’s EV ecosystem showcases how strategic resources, when aligned with market forces, can catalyse self-reinforcing cycles of growth and advancements. Central to China’s rise in the EV industry is its battery production supply … Read more
Xiaomi’s CEO said on Monday his goal for the firm’s first electric vehicle was that it would be the “best looking, easiest to drive and smartest car” priced below 500,000 yuan ($69,424), as the Chinese electronics maker gears up for orders this week. The company will on Thursday evening announce its official price range and … Read more
An analysis by Care Edge Ratings shows that the demand for vehicles powered by traditional fuels is progressively shifting towards those that utilise alternative fuels. The share of petrol vehicle sales, as a percentage of total vehicle sales, has recorded a significant decline, decreasing from 86 percent in 2020 to 76 percent in 2023 while … Read more
But Russia’s share fell from nearly half to 22 per cent during the same period, as shipments from its northern neighbour fell by 41 per cent to US$1.25 billion. Relations between China and Australia deteriorated in 2020 when Canberra called for an investigation into the origins of the coronavirus. But ties have since slowly improved, … Read more
Ferrari CEO Benedetto Vigna says the automaker’s future electric vehicle will not be quiet like other EVs. This shouldn’t come as a surprise to anyone. Italians are traditionally not quiet people. Growing up in New Jersey and living amongst them means I have first-hand knowledge of this fact. Vigna intends to carry the tradition forward. … Read more
Photo: Steve DaSilva / Jalopnik I love electric cars. I love electric bikes, too. I don’t love them for their efficiency, their maintenance cost-savings, or their practicality, though — I love them because they’re fun. Ed Begley Jr. On The Past And Present Of Electric Vehicles Now, not every EV is fun. This, I admit. … Read more
