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JSW Group wants to disrupt auto industry, to create ‘Maruti movement’ with new energy vehicles – Sajjan Jindal | Autocar Professional

Baua Electric

Sajjan Jindal the chairman of the JSW Group says he wants to create a ‘Maruti movement’ with the “new energy vehicles.” “With MG, my dream is that we will create a Maruti movement. Like 40 years ago, 1984, when Maruti came into India, it changed the auto industry. And then COVID hit and plans changed.

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Chrysler Group in 5-year, $18.2M partnership with McMaster University to develop advanced electric and hybrid powertrains; funding from Canadian Government

Green Car Congress

million partnership with McMaster University in Ontario, Canada, with funding support from the Canadian government, to develop next-generation, energy-efficient, high-performance electrified powertrains and powertrain components. Electric Mobility Canada, the Canadian Automotive Association and the Ontario Ministry of Transportation.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

Green Car Congress

China’s State Council has published a plan to develop the domestic energy-saving and new energy vehicle industry, which includes battery-electric vehicles, plug-in hybrid vehicles and fuel cell vehicles. 2012 Chinese Auto Industry Development Report. International cooperation.

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VMT receives purchase orders worth $480M from two EV manufacturers for Universal Transmission

Green Car Congress

VMT Technologies, a development and licensing company headquartered at the Novell Technology Center in Provo, Utah, has received purchase orders worth up to $480 million from two EV manufacturers—Vision Motor Cars and Leo Motors—for the VMT Universal Transmission for application in their vehicles. Earlier post.).

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Factorial Energy emerges from stealth with 40 Ah solid-state battery cell for EVs

Green Car Congress

Factorial Energy , a start-up solid-state battery technology company, emerged from stealth mode with a 40Ah solid-state battery cell for electric vehicles (EVs) and other applications. Factorial also announced the appointment of senior industry leaders with deep technical and automotive experience to its leadership team.

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GM’s Tesla NACS support spells trouble for Electrify America [Opinion]

Teslarati

A previous Teslarati article theorized that Ford’s adoption of Tesla’s NACS could change the electric vehicle (EV) charging landscape, specifically in the United States and the rest of North America. General Motors and Ford hold a significant market share of the United States auto industry.

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Hyundai surpassed Volkswagen Group’s operating profit

Teslarati

The South Korean automaker attributes its success to diverse offerings, including electric vehicles, plug-in hybrids, and gas-powered cars. As of the first quarter, Hyundai has the second-highest operating profit in the global automotive industry. In Q1 2024, Hyundai Motor Group reported an operating profit of $5.09

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