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DriveElectric agrees strategic investment partnership with Sumitomo Corporation

Drive Electric

We are delighted to announce that DriveElectric has agreed a transformative deal with Sumitomo Corporation which will see an acceleration in our products and services to meet the increasing demand for electric vehicles in the UK. Sumitomo Corporation is a leading Fortune 500 global trading company, founded in 1919 in Japan.

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Toyota to produce hybrid transaxle and new gasoline engines in Poland; adjusting to shrinking diesel share in Europe

Green Car Congress

The hybrid transaxle for Auris is currently being produced at Toyota Motor Corporation in Japan and imported to Europe. Going forward, Toyota Motor Europe expects its hybrid sales in Europe to increase from today's 31% of total sales to a target of 50% hybrid vehicles by 2020. Hybrid is a key differentiator for Toyota in Europe.

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Hyundai vehicles get cheaper by upto ?50,000. Check details

Baua Electric

Also watch: Hyundai Creta facelift review: Major step-up for the SUV king In January 2024, Hyundai witnessed its highest-ever monthly domestic sales, largely driven by the success of the Exter and Creta models. The Tucson, gets a ₹ 50,000 discount exclusively on the diesel variant. Also Read : 2023 Hyundai Verna launched at ₹ 10.89

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Electric 3-wheeler sales surge 57% in FY2024, hit best-ever 630,000 units  | Autocar Professional

Baua Electric

If the Indian electric vehicle (EV) industry has achieved record sales in FY2024, then it’s all credit to the ‘low-hanging fruit’– two- and three-wheelers. As per Vahan data as of March 31, 2024 (7am), a total of 11,62,486 three-wheelers (petrol, CNG, LNG and electric) have been retailed between April 2023 and end-March 2024.

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Electric cars and SUVs help charge Tata Motors FY2024 performance | Autocar Professional

Baua Electric

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. There is a shift underway in the market towards eco-friendly motoring like CNG and e-mobility and Tata is seeing that in its sales.

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The EV Transition Explained: How to Meet Sales Targets?

Cars That Think

To accelerate EV uptake, the Zero Emission Transportation Association , a lobbying group formed by Tesla, Lucid and Rivian along with some EV charging suppliers, asserts that sales of new internal combustion vehicles must be banned by 2030 and diesel trucks by 2035. So the value of the credit means little to the less well-off.

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Toyota’s compact SUV gamble with the Taisor | Autocar Professional

Baua Electric

lakh ex-showroom for the Sigma (petrol) variant. It will help us bring new customers to the Toyota family and make them experience the vehicle with the 650 touchpoints we have in the country,” said Sabari Manohar, Vice President – Sales-Service-Used Car Business, Toyota Kirloskar Motor. Priced competitively between Rs 7.73

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