Green Car Congress

JUNE 21, 2023

At an Investor Day event in Seoul, Hyundai Motor said that it will accelerate its transition toward becoming a smart mobility solution provider by securing a large-scale investment of KRW 109.4 The company aims for 2 million units in annual EV sales by 2030. trillion (US$85 billion) over the next 10 years, including KRW 35.8

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Hyundai Motor Motors Motoring 284

Electric Vehicles India

MARCH 25, 2023

Tata Passenger Electric Mobility (TPEM), the Tata Group’s flagship auto company, will enhance its EV channel strategy. Due to the consumer preference for powertrains, industry-wide sales of electric vehicles tripled in 2022. The company is expected to close its 23rd fiscal year with sales of over 50,000 units.

Motor 85

Motor Motors Motoring Sale 85

Baua Electric

MAY 1, 2024

TVS Motor Co posted a healthy growth of 25 percent on year in its total sales volume during April on the back of a robust uptick in the demand for two-wheelers, both in domestic and export markets. Total two-wheeler sales during the month rose 27 percent on year to 374,592 units. In March, TVS sold a total of 354,592 vehicles.

Sale 52

Sale Motor Motors Motoring 52

Green Car Congress

OCTOBER 18, 2022

BYD is launching three new battery-electric passenger vehicles in Europe at the Paris Motor Show, including the BYD ATTO 3, a C-segment SUV designed with the European customer in mind; the BYD TANG, a 7-seater with variable all-wheel drive; and the sporty sedan BYD HAN. In Europe, BYD is dedicated to making mobility solutions emission-free.

BYD 273

BYD Motor Motors Motoring 273

Baua Electric

MAY 13, 2024

Suzuki Motor Corporation expects record sales for the 4th consecutive year and 3rd consecutive year of operating profits in the current financial year, led by a strong outperformance in India. In its forecast for Japanese FY-24 (Indian FY-25), the presentation added, “Expect record sales and profits due to higher unit sales.

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Suzuki India Global Sale 52

Baua Electric

FEBRUARY 1, 2024

Hyundai Motor India has opened CY2024 on a very strong note, having registered its best-ever monthly wholesale numbers in January. At 57,118 units, January 2024 sales are a strong 14% year-on-year increase (January 2023: 50,106 units). This is the second fiscal on the trot that Hyundai has surpassed the half-a-million milestone.

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India Hyundai Motor Motors 52

Green Car Congress

DECEMBER 15, 2022

TTTech Auto , the Vienna-based provider of automotive safety software, is expanding its operations with a dedicated subsidiary in China. TTTech Auto already has a presence in the Chinese market through its joint venture Technomous operated together with SAIC Motor, China’s largest automotive manufacturer.

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China Auto Chinese Asia 368

Baua Electric

FEBRUARY 1, 2024

By: HT Auto Desk | Updated on: 01 Feb 2024, 14:51 PM Tata Motors has witnessed a strong start of 2024 by posting a 12 per cent overall passenger vehicle sales growth in January. Tata Motors has witnessed a strong start of 2024 by posting a 12 per cent overall passenger vehicle sales growth in January.

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Motor Motors Motoring Sale 52

Green Car Congress

JANUARY 8, 2022

Hyundai Motor Company and Unity, a platform for creating and operating real-time 3D (RT3D) content, announced a partnership to design and build jointly a new “metaverse roadmap” and platform for Meta-Factory.

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Hyundai Manufacturer Building Motor 221

Baua Electric

MAY 16, 2024

German industrial giant Siemens announced on Thursday that it plans to sell its electrical motors business , Innomotics, to the private US equity firm KPS Capital Partners for 3.5 Innomotics is a subsidiary that manufactures motors and other systems. billion euros (equivalent to USD 3.8 billion euros.

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Auto Motor Motors Motoring 52

Green Car Congress

JANUARY 9, 2023

India’s sales of new vehicles totaled at least 4.25 Adding December’s sales volume reported Sunday by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25 from 2021, according to data from the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association. million units.

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India Japan Auto Market 218

Baua Electric

APRIL 8, 2024

Just weeks after teasing the launch of its fourth all-electric model and promising some impressive specs, China’s IM Motors has officially opened pre-orders for its L6 Sedan. As we recapped in late March, IM Motors is a fairly young Chinese automaker specializing in EVs that operates as a joint venture between SAIC Motor and Alibaba.

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Motor Motors Motoring Power 52

Baua Electric

MAY 10, 2024

Tata Motors’ net profit for the fourth quarter of 2023-24 jumped over three-fold on a year-on-year with robust performance in all divisions. The India business is now debt-free, and we are on track to become net automotive debt-free on a consolidated basis in FY25,” Tata Motors CFO PB Balaji said. crore in the year-ago quarter.

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Land Rover Motor Motors Motoring 52

Baua Electric

MARCH 1, 2024

MG Motor India today announced its retail sales numbers for February 2024, totalling 4,532 units. Electric vehicles (EVs) continue to contribute a significant share of the carmaker’s overall vehicle sales, accounting for approximately 33% of the total units sold in February 2024.

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India Sale Motor Motors 52

Baua Electric

JUNE 9, 2024

Pune-based Force Motors Ltd (FML), known for its Traveller and Trax Utility vehicles, is aiming to extend its strong FY22 and FY23 performance for at least two more years (FY24 and FY25), buoyed by over 40% growth in its overall business. Force Motors’ business has been steadily rising since the last quarter of FY20-23.

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2015 Motor Motors Motoring 52

Baua Electric

JUNE 8, 2024

Amid robust operating performance across segments, particularly in the Jaguar Land Rover unit, Tata Motors reported its highest-ever revenue and profit numbers for the full financial year 2024. Tata Motors also became the first domestic automaker to surpass USD 50 billion in annual turnover. In FY24, Tata Motors clocked Rs 31,399.09

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Motor Motors Motoring India 52

Teslarati

APRIL 1, 2021

Lucid Motors and Rivian were sued by the Illinois Automobile Dealers Association, the Chicago Automobile Trade Association, and some individual franchised auto dealerships in the state for selling vehicles directly to consumers. Sander represents more than 700 auto dealers that operate over 2,300 franchises across the state.

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Illinois Dealers Motor Motors 99

Baua Electric

FEBRUARY 29, 2024

By: HT Auto Desk | Updated on: 01 Mar 2024, 11:39 AM Hector SUV continues to be the best-selling model from the British-origin carmaker in India. The Hector SUV continues to be the best-selling model from MG Motor in India. MG Motor has clocked more than 18 per cent increase in sales in February.

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SUV Motor Motors Motoring 52

Get Electric Vehicle

OCTOBER 1, 2023

The market of Electric 3-wheelers in India is expanding at a great pace and witnessed sales of over 300,000 units and a 79% YoY increase in the first seven months of CY2023.  The most recent such move from the industry is a joint venture between Delhi-based Saera Electric Auto and Telangana-based Keto Motors of the ETO Motors Group.

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Motor Motors Motoring Auto 75

Baua Electric

MAY 15, 2024

3 electric compact car containing a stronger and more efficient electric motor, providing more power and economical consumption. models,” said Imelda Labbé, Member of the Volkswagen Brand Board of Management responsible for Sales, Marketing and After Sales. 3 motor – Charged EVs appeared first on Bauaelectric Auto News.

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Motor Motors Motoring Power 52

Baua Electric

APRIL 19, 2024

European automotive supplier Forvia reported higher organic sales for the first-quarter on Thursday driven by strong North America, and said new awards from Chinese carmakers had boosted quarterly orders. The group, born from Faurecia’s takeover of Hella in 2022, reported sales of 6.53 billion euros (USD 6.98 That was down 1.7%

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Auto Chery Sale North America 52

Baua Electric

MAY 23, 2024

MG Motor India has inaugurated a new showroom and workshop in Chennai, bringing its total touchpoints in Tamil Nadu to 29. Satinder Singh Bajwa, Chief Commercial Officer, MG Motor India, said, “We are delighted to expand our network to Tamil Nadu as a part of MG 2.0.

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India Motor Motors Motoring 52

Baua Electric

MAY 7, 2024

Tata Motors, India’s largest commercial vehicle manufacturer, announced a significant milestone of its 9,00,000th vehicle rollout from its state-of-the-art Lucknow facility. ” The post Tata Motors celebrates 9,00,000th vehicle rollout from its Lucknow facility | Autocar Professional appeared first on Bauaelectric Auto News.

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Motor Motors Motoring Vehicles 52

Baua Electric

MAY 22, 2024

MG Motor India has further expanded its presence in Bengaluru by inaugurating a state-of-the-art showroom and workshop. This new addition brings MG Motor India’s touchpoints in Karnataka to 29, enhancing the accessibility of MG’s sales and aftersales services to car buyers in the region. Accompanied by a 40,000 sq.

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India Motor Motors Motoring 52

Baua Electric

MAY 11, 2024

Tata Motors is on a roll. This strong showing is the result of strong sales emanating from its domestic passenger and commercial vehicle businesses as well as record sales of luxury car and SUV maker JLR. The company, which announced its FY2024 results on May 10, 2024, has reported record financial numbers for last fiscal.

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SUV Motor Motors Motoring 52

Baua Electric

MAY 11, 2024

Eicher Motors Ltd today reported its highest-ever revenues and profits for the fourth quarter of 2023-24 and the full financial year 2024. The revenue and profit grew on robust volume in Royal Enfield, which registered a 6 percent on-year growth in its sales to 227,925 two-wheelers during the quarter. percent from 24.5

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Motor Motors Motoring Volvo 52

Baua Electric

MAY 11, 2024

Eicher Motors Ltd today reported its highest-ever revenues and profits for the fourth quarter of 2023-24 and the full financial year 2024. The revenue and profit grew on robust volume in Royal Enfield, which registered a 6 percent on-year growth in its sales to 227,925 two-wheelers during the quarter. percent from 24.5

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Motor Motors Motoring Volvo 52

Baua Electric

APRIL 7, 2024

This strategic cooperation with Exide Energy marks the beginning of Hyundai Motor and Kia’s efforts to expand its exclusive battery development, production, supply and partnerships in the Indian market. New Delhi: Hyundai Motor and Kia sign MoU with Exide Energy as part of their electric vehicle (EV) expansion plans.

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India Hyundai Kia Motor 40

Baua Electric

AUGUST 11, 2023

Ford mentioned the project was once being shaped “to better grasp the development trend of electrification and intelligence in the auto industry.” Gross sales of Ford with Changan fell 12.6 % within the first part mode the year-ago length, China Affiliation of Car Producers knowledge confirmed.

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Automobile Ford Auto Motor 52

Baua Electric

MAY 15, 2024

SK On, whose clients include Ford Motor, Volkswagen and Hyundai Motor, widened its operating loss to 332 billion won in the first quarter from 18.6 SK Innovation owns a stake of 61.2% in SKIET, whose market value stood at 4.09 trillion won (USD 3.01 billion) as of Tuesday. billion won a quarter before as EV battery shipments fell.

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Auto South Korea Sale Batteries 52

Baua Electric

APRIL 22, 2024

based Bedeo is launching a Land Rover Defender EV conversion based around in-wheel motors from Bedeo-owned Protean Electric. While numerous companies and DIYers are already converting older internal-combustion vehicles to electric power, Bedeo also claims to be the first to use in-wheel motors in such a conversion.

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Land Rover Conversion Motor Motors 52

Baua Electric

MAY 13, 2024

Tata Motors Ltd believes the early adopters of electric passenger vehicles may be subsiding and the automaker would focus more on developing the electric vehicle market in India this financial year to sustain the growth momentum. There will be intensity of pitch in favor of electric vehicles,” he said. “We

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Motor Motors Motoring India 52

Baua Electric

APRIL 24, 2024

Amid buzz around the Initial Public Offering in India, the global CEO and Chairman of Hyundai Motor Group visited the country this week to review the local operations, Autocar Professional learns exclusively. India is the third largest market for Hyundai Motor Group and accounts for 14% of its global sales.

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India Hyundai Motor Motors 52

Baua Electric

APRIL 30, 2024

Hyundai Motor India, the second largest car maker in the country, is set to enter the hybrid vehicle segment in the coming three years. Hyundai Motor India is likely to bring in the hybrid powertrain alternatives in its mid-size SUVs in the future. Globally too Hyundai Motor is pushing for hybrids.

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India Hyundai Motor Motors 52

Baua Electric

AUGUST 27, 2023

IM Motor’s fresh electrical SUV fashion LS6 won over 6,000 orders in 8 hours then the producer began receiving aimless orders for the fashion. The coupe SUV has been introduced at a 230,000-300,000 yuan (31,500-41,100 USD) pre-sales worth. The flow fashion sequence of the IM Motors contains of 2 cars: L7 sedan and LS7 SUV.

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Motor Motors Motoring Automobile 52

Get Electric Vehicle

MARCH 20, 2024

The Indian automobile market is witnessing a steady rise in the demand for electric vehicles including 2-wheeler, E-autos and 4-wheelers. Major manufacturers such as Tata Motors and MG Motor have responded by slashing the prices of their various EV versions significantly. Price Drop For Punch.ev & Nexon.ev and Nexon.ev

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Motor Motors Motoring India 40

Teslarati

DECEMBER 6, 2021

Ford’s strength in the general auto sector seems to be spilling over somewhat to its electric vehicle business. year-over-year sales boost for the month. and SUV sales growing 20.8%. Andrew Frick, Ford’s vice president of sales for the U.S. Ford Mustang Mach-E sales continue to grow, up nearly 8.5%

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General Motors Ford Motor Motors 145