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Exicom Tele-Systems IPO subscribed 10 times on first day of offer – ET Auto

Baua Electric

The IPO has a fresh issue of equity shares aggregating up to INR 329 crore and an Offer For Sale (OFS) component of up to 70.42 The Qualified Institutional Buyers (QIBs) category fetched 73 % subscription. The IPO got fully subscribed within hours of beginning of the bidding process.

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J.D. Power forecasts hybrid- and battery-electric vehicles will represent 7.3% of global auto sales in 2020

Green Car Congress

These factors include market trends, regulatory environment, consumer sentiment and technology development in these markets. of the market), sales in Europe will account for 742,000 units; sales in China will account for 332,000 units; and the United States and Japan should each account for sales of approximately 100,000 BEVs in 2020.

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Kia to introduce Soul EV in US in 2014

Green Car Congress

More details about the Soul EV’s powertrain, range/MPGe, packaging and go-to-market strategy will be announced at an upcoming major US auto show. Soul EV will be the second alternative-fuel Kia vehicle to be offered for sale in the US. —Orth Hedrick, executive director of product planning, KMA.

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Hertz (HTZ) blames EVs for Q4 earnings miss as stock price rises anyways

Baua Electric

Hertz’s adjusted negative 17% margin includes $245 million in net deprecation related to Tesla EVs for sale. Despite “solid demand and a stable rate environment,” CEO Stephen Scherr said, “we continued to face headwinds related to our electric vehicle fleet and other costs” in Q4. FTC: We use income earning auto affiliate links.

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Study comparing crash risk of EU and US vehicles indicates differences in performance

Green Car Congress

However, if vehicles are shown to provide similar real-world safety protection to the occupants, then vehicles that meet EU regulations could potentially be recognized for sale in the US, and vehicles that meet US regulations could potentially be recognized for sale in the EU. —Flannagan et al.

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Volkswagen Group appoints new heads of Global R&D, Group Design, Group Product and Modular Toolkit Strategy

Green Car Congress

He was appointed Executive Vice-President of Production at SEAT in 2002, becoming Deputy President of the brand in 2009, and was subsequently named Group Chief Officer for the Environment, Energy and New Business Areas in 2012. Fred Kappler will assume responsibility for Group Sales.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

As a subscriber, you can receive our free weekly China Auto News, which keeps you informed the latest developments of Chinas automobile industry. Alternative-fuel cars were some of the hottest items on display at the Shanghai auto show from homegrown companies like Geely Automobile Holdings Ltd., Brilliance Jinbei Automobile Co.

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