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Stellantis-Leapmotor announces global expansion, to enter India by Q4 of 2024 | Autocar Professional

Baua Electric

Chinese EV brand Leapmotor, which entered into a binding agreement to sign a joint venture (JV) with the Amsterdam-based Stellantis, concluded the deal in a short span of 7 months on Tuesday. Leapmotor vehicles are likely to be sold via Stellantis India’s existing dealers, which have seen suboptimal volumes so far.

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Volvo delays EX30 SUV due to software glitches

Baua Electric

Automotive News Europe got its hands on correspondence from Volvo to dealers that said the software version 1.2 Last July, the Swedish automaker, which is owned by Chinese behemoth Geely, delayed production of the flagship Volvo EX90 electric SUV, citing software issues surrounding its LiDAR system. wasn’t ready for release. “We

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Tesla requests PM Modi to cut import taxes on electric vehicles 

Electric Vehicles India

The transport minister stated this month that Tesla mustn’t promote Chinese language vehicles made in India and as alternative manufacture domestically, however, Tesla has indicated it needs to experiment with first imports. The Tesla Model Y sales have topped in August with 790 registrations within less than a week since its arrival.

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Deloitte Survey finds only 4% of global consumers likely to be satisfied with current EVs despite increasing consideration and willingness to buy; higher ICE fuel economy reduces interest in EVs

Green Car Congress

Chinese consumers appear the most willing to pay a price premium, but even still, 44% indicate they will not pay anything extra. Consumers in the United Kingdom and Belgium are the most sensitive to paying a price premium with 71% opposing.