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Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

Green Car Congress

million between January and November 2022, according to the Society of Indian Automobile Manufacturers (SIAM). from 2021, according to data from the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association. In 2021, China continued to lead the global auto market, with 26.27

India 218
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SUV sales surge in India’s preowned car market – ET Auto

Baua Electric

The rise in SUV sales highlights the evolving trend in India’s car market, with consumers increasingly gravitating towards vehicles that offer both comfort and style, along with higher ground clearance and heavy vehicle build.

SUV 52
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Geely Auto forms new premium electric car company Zeekr; SEA EV architecture

Green Car Congress

Geely Auto Group (Geely Auto) officially announced the widely reported formation of Zeekr—a new electric mobility technology and solutions company based in China that will serve growing global demand for premium electric vehicles. Zeekr aims to deliver a new electric vehicle to market each year in the coming five years.

Companies 435
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Volvo Cars and Geely Auto to deepen collaboration; new combined powertrain company

Green Car Congress

Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.

Volvo 320
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New SEMI Auto IC Master to support collaboration between Taiwan chipmakers and automotive ecosystem

Green Car Congress

SEMI Taiwan launched the SEMI Auto IC Master, a comprehensive guide to automotive semiconductor and component providers in Taiwan. The guide is available through an online account or in hard copy and can be purchased by contacting the SEMI Taiwan representatives listed on the SEMI Auto IC Master webpage.

Taiwan 334
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Toyota unveils 2 New bZ series EV models at Auto Shanghai

Green Car Congress

Toyota Motor Corporation unveiled two BEV concept models, the bZ Sport Crossover Concept and bZ FlexSpace Concept, at Auto Shanghai. They will be launched in the Chinese market in 2024 as two models out of the ten BEV models that Toyota plans to release by 2026.

Toyota 273
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Auto retail tech startup Stella Automobile AI hires unutilized CEO

Baua Electric

Stella Automobile AI, a Tampa, Fla., auto retail era startup funded partly through dealership teams Maroone USA and Pohanka Automobile Workforce, has leased auto trade advisor Affluent prosperous Sands as its unutilized CEO. Sooner than that, he was once govt director of car for J.D.