Green Car Congress

FEBRUARY 4, 2022

TTTech Auto, a Vienna-based technology leader in automotive safety software, raised US$285 million (€250 million) from Aptiv PLC and Audi in its latest funding round. With this latest funding round and a valuation of more than US$1 billion, TTTech Auto confirms its strong position amid a growing number of auto tech unicorns.

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Baua Electric

MARCH 6, 2024

New Delhi: The Automotive Component Manufacturers Association of India ( ACMA ) at the 58th edition of the ACMA Excellence Awards and the 9th Technology Summit on March 05, 2024, recognized the exceptional contributions and achievements of 59 auto component manufacturers, and gave away 112 awards under various categories.

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Green Car Congress

JULY 14, 2021

Volkswagen Group executives laid out the basics of the new Group strategy “NEW AUTO – Mobility for Generations to Come”, which will see the Group realign from being a from vehicle manufacturer to a leading, global software-driven mobility provider. Like the MEB today, the SSP will be open to other auto manufacturers. CARIAD and E3 2.0

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Teslarati

FEBRUARY 12, 2024

Tesla’s pay increase for employees in all of its gigafactories and offices in the US was recently revealed in internal documents. According to internal documents, Tesla increased factory workers’ pay from a minimum of $22 to $39 per hour. Below is a chart from Business Insider depicting each level and region.

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Baua Electric

MAY 8, 2024

The joint venture is expected to be announced very soon as Leapmotor International. At the time, we reported the plan was to call the new joint venture with Leapmotor “Stellantis International,” in which the latter would help sell the former’s EVs in new markets outside of China , including Europe and possibly the US.

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CN EV Post

MARCH 13, 2023

The price war in China's auto industry has intensified the wait-and-see mood among car buyers, and Li Auto 's move helps to allay potential consumers' concerns to some extent. For consumers who purchase these models, if the prices drop within 90 days of their order, then Li Auto will refund the difference.

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Green Car Congress

NOVEMBER 19, 2021

Following an initial product launch in April 2022, the companies will partner to manufacture 50,000 electric auto-rickshaws over the next five years, advancing both companies’ roadmaps for “made in India” manufacturing. metric tons annually and eliminate dangerous NO x and PM tailpipe emissions that contribute to air pollution.

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CN EV Post

APRIL 17, 2023

While auto shows have generally started to lose some significance as automakers turn to dedicated launch events, this year's Shanghai auto show could be an exception, said Deutsche Bank analyst Edison Yu's team. (A A file photo taken by CnEVPost at the Shanghai auto show two years ago shows an ET7 wrapped in a blanket.)

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Green Car Congress

JULY 12, 2023

The new company will include 17 engine plants and 5 R&D centers in 3 continents with 19,000 employees in a full-fledge effective organization strategically structured to provide powertrain solutions for multiple OEMs.

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The Truth About Cars

JANUARY 3, 2024

Stellantis pulled out of last year’s Los Angeles Auto Show and the Specialty Equipment Market Association (SEMA) trade show , stating that it was trying to save money amid the now resolved UAW strike. However, it’s starting to look like the company just isn’t interested in attending the big events anymore.

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Teslarati

AUGUST 12, 2022

Morgan Stanley’s 4th Annual Intern Survey has revealed that Tesla’s desirability may be dropping, at least among the investment management and financial services company’s interns. That said, Jonas did observe that Tesla is growing its market share in the general auto market.

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Teslarati

DECEMBER 11, 2023

The German government has reportedly started working on a communication that would be submitted to the Indian government, particularly the Department for Promotion of Industry and Internal Trade (DPIIT). India’s government has maintained that the potential adjustments to its auto sector will not be focused on just one or two players.

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Baua Electric

FEBRUARY 2, 2024

There has been no announcement from the company itself, which as recently as last week was still making press announcements including about further European expansions. The majority of the company is owned by just a few key individuals and funds: AMF, Swedish pension company: 11.3%. Stefan Ytterborn, founder of Cake: 10.4%.

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CN EV Post

APRIL 11, 2023

This is the first time NIO has mentioned the existence of the new ET7, after rumors began to emerge last month. | NIO US | NIO HK | NIO SG (A NIO ET7 on display at the 2021 Shanghai auto show. Image credit: CnEVPost) NIO (NYSE: NIO) will launch the new ET7 at the Shanghai auto show next week, in addition to the launch of the new ES6. "At

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Electrek

MARCH 30, 2021

Magna International has over 60 years of experience manufacturing auto parts. However, it is the company’s recent focus on electric mobility solutions and AI that has earned it an Electrek spotlight. more… The post Electric vehicle spotlight (EVS): Magna International appeared first on Electrek.

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CN EV Post

APRIL 1, 2023

platform at the Shanghai auto show, with the all-new ES6 making its debut. NIO (NYSE: NIO) will have the facelift of its previously popular ES6 SUV unveiled at the Shanghai auto show later this month, marking the first time the company has unveiled a new model at an auto show. For more articles, please visit CnEVPost.

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Teslarati

FEBRUARY 26, 2024

As expected, the Renault 5 EV was unveiled at the Geneva International Auto Show on Monday, and it can now be seen on the automaker’s website. The post Renault 5 €25,000 small EV unveiled at Geneva Auto Show appeared first on TESLARATI.

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Electrek

SEPTEMBER 2, 2021

Luxury auto brand Genesis has announced its brand vision for the next 15 years, including an end to new ICE models in 2025 and plans for a 100% zero-emission lineup by 2030. Furthermore, the company offered a closer peek of its first GV60 electric vehicle and a glimpse of its X concept coupe.

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Baua Electric

JANUARY 18, 2024

Tata Technologies, which provides engineering services to auto, aero and heavy machinery makers, will set up skilling centres in 50 government-run industry training organisations. The latest investment is part of a larger commitment from Tata Group companies, such as Tata Consultancy Services and Tata Advanced Systems, to expand in the state.

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Baua Electric

FEBRUARY 7, 2024

With the global push towards sustainability, the rise of electric autos in India comes as no surprise. The Indian government has introduced various incentives and initiatives, such as subsidies and tax benefits, to promote the adoption of electric autos.

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Green Car Congress

NOVEMBER 8, 2022

Under the framework agreement, Geely and Renault Group will hold respective 50-50 equity stakes in the new company. The new company will be a standalone global supplier of propulsion system solutions, producing next generation hybrid propulsion systems, and developing carbon-free and low-emission technologies from five global R&D centers.

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Baua Electric

APRIL 18, 2024

The order is to be executed over a period of next eight years commencing from the fourth quarter of this fiscal, the company said in a regulatory filing. The order has been secured by the company’s joint venture firm — Marelli Talbros Chassis Systems ( MTCS ). Shares of the company were trading 4.99% up at INR 293.30

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Baua Electric

APRIL 26, 2024

Gogoro’s e-scooters are most famous for their battery-swapping architecture, with the company’s iconic green and black battery modules serving as the basis for hundreds of thousands of battery swaps each day. Based in Taiwan, Gogoro has regularly expanded into new countries by partnering with local energy companies.

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Baua Electric

MAY 4, 2024

Magna executives said on a post-earnings call the company was assessing impacts from automakers’ shifting electrification plans, particularly in North America. The company’s shares were down about 4% in early trade. Magna said it expects full-year 2024 sales of USD 42.6 billion to USD 44.2 billion to USD 45.4

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Baua Electric

FEBRUARY 4, 2024

Rosmerta has incorporated its connectivity platform in over 30 lakh vehicles which Nagpal says “is one of the largest and fastest growing verticals of the company.” The company claims to have eliminated 20 to 30 tests required in manual testing by using ADTTS. So we are the largest in the commercial vehicle space.

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CN EV Post

APRIL 11, 2023

The all-electric high-performance SUV Polestar 4 will make its global debut on April 18, the first day of the Shanghai auto show, the premium electric vehicle maker owned by Geely and Volvo Cars announced on April 11. Polestar's booth at the Shanghai auto show is located in Hall 6.2, For more articles, please visit CnEVPost.

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CN EV Post

APRIL 18, 2023

By 2025, Li Auto's product portfolio will include a super flagship model, five EREVs and five BEVs. | Li Auto US Li Auto HK (Image credit: CnEVPost) Li Auto (NASDAQ: LI) today officially unveiled its all-electric solution, following the success of its extended-range electric vehicles (EREVs) in China. AD Max 2.0

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Baua Electric

MAY 2, 2024

This represents a 95% transfer success rate securing the skills of these teams who will develop internal combustion engine related engineering activities from within LTTS,” the Indian IT firm said in a regulatory filing. Its total headcount as on March 2024 stood at 23,812. For Q4FY24 ending March, LTTS posted a muted 0.2%

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CN EV Post

MARCH 11, 2023

Li Auto has an internal goal of 25,000-30,000 monthly deliveries and will aim to meet the goal in the second quarter, its management said last month. Li Auto US | Li Auto HK (Image credit: Li Auto) Li Auto (NASDAQ: LI) began deliveries of its new SUV, the Li L7, on March 11, a month after the model was launched.

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Green Car Congress

SEPTEMBER 26, 2020

At the 16 th Beijing International Automotive Exhibition (Auto China 2020), Beijing Hyundai Motor Company showcased its RM20e electric racing midship sports car prototype and Prophecy concept EV model, demonstrating the reach of its EV ambitions. The new Tucson as well as new Elantra also made their debuts to Chinese customers.

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Baua Electric

APRIL 24, 2024

ASK Automotive Ltd – AISIN Group Companies Joint Venture New Delhi: ASK Automotive Limited, India’s largest manufacturer of Brake Shoes and Advanced Braking Systems for Two-Wheelers, announced a Landmark Joint Venture Agreement with AISIN Group Companies, comprising AISIN Asia (Thailand) Co.

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Baua Electric

APRIL 19, 2024

Bhavish Aggarwal, CEO and co-founder of Ola Ola Cabs is planning an initial public offering (IPO) to raise USD 500 million at a company valuation of about USD 5 billion, three sources with direct knowledge of the matter told Reuters on Friday. Vanguard, an Ola shareholder cut its internal valuation of Ola to USD 1.9

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CN EV Post

MARCH 16, 2023

A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. The campaign involves 20 SAIC-Volkswagen models, the vast majority of which are conventional internal combustion engine vehicles, that can enjoy discounts ranging from RMB 15,000 to RMB 50,000.

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Green Car Reports

DECEMBER 2, 2021

The added cost of manufacturing electric cars is "beyond the limits" for what the auto industry can sustain, Stellantis CEO Carlos Tavares said in an interview with Reuters published Wednesday.

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Baua Electric

MAY 7, 2024

The firing was so ill-considered that the company has even had to send out an email blast to suppliers and contractors , seemingly confused about which companies it’s even working with on site development. Other companies can make NACS ports and NACS chargers and all the technical information needed is out there and open for use.

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Baua Electric

MAY 2, 2023

The Openlane logo will lend as “both the parent company brand and the go-to-market brand” for the corporate’s virtual marketplaces within the U.S., KAR International additionally mentioned it has finished a consolidation of its ADESA Europe, ADESA U.Ok. Canada and Europe, the scoop let go mentioned. Within the U.S.,

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Baua Electric

APRIL 1, 2024

New Delhi: The BMW Group and Tata Technologies , a global product engineering and digital services company, have announced that they have signed an agreement to form a Joint Venture (JV) to establish an automotive software and IT development hub in Pune, Bengaluru and Chennai.

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