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Tesla defies industry trends and sees increases in brand loyalty

Teslarati

Despite the shortages of computer chips and other logistical issues that have compelled other automakers to reduce output dramatically, Tesla defied industry trends and showed a 4% rise in brand loyalty. The percentage of customers who choose the same brand when they trade in or purchase their next car is a measure of brand loyalty.

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Tesla unofficially tops J.D. Power’s APEAL Study once again

Teslarati

APEAL stands for Automotive Performance, Execution, and Layout, and ranks how owners feel when purchasing a car. Emotionally connecting to a vehicle occurs when a buyer genuinely is enthusiastic about their purchase, and once again, Tesla managed to provide that most frequently. Power Director of Global Automotive David Amodeo said.

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JATO: electrified vehicles 13% of new car reg in Europe in January 2020; electrified vehicles only growth-driver

Green Car Congress

This steep reduction was in large part caused by the last-minute purchases made in December, due to the impending introduction of the new CO 2 emissions regulation. Only two years ago not many in the industry would have predicted such high levels of demand for EVs. —Felipe Munoz, global analyst at JATO Dynamics.

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Teijin acquires composites company Inapal to expand European automotive business

Green Car Congress

The shares of Inapal will be purchased by Teijin Holdings Netherlands B.V., Inapal is a Tier One supplier of composite components to the automotive and heavy truck industries. The acquisition of Continental Structural Plastics positioned us as a Tier One supplier of high-performance composites to the global automotive market.

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Ford expands program for measuring suppliers’ carbon footprint

Green Car Congress

Ford is surveying the energy use and carbon emissions of 128 global suppliers, accounting for nearly 60% of the company’s $65 billion in annual purchases. Understanding the carbon footprint of our supply chain is a fundamental part of learning how to reduce the total environmental impact of our industry.

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UK Awards 24M to 6 Low Carbon Vehicle Projects

Green Car Congress

Projects include the development of new engines for plug-in hybrid versions of Nissan, Lotus and Jaguar Land Rover cars, a lightweight electric bin wagon, development of lightweight materials for vehicle weight reduction, and new technologies using thermal energy to improve vehicle performance.

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Tata Motors posts record revenue and profit for FY24 | Autocar Professional

Baua Electric

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. lakh crore investment in Jaguar Land Rover this decade as the luxury brand transitions its portfolio into electric.

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