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New EV policy to aid premium-quality SUV launches in India, says VinFast India CEO | Autocar Professional

Baua Electric

Lauding India’s new policy that promotes electric car manufacturing and cuts import duty on certain cars, Vietnamese automaker VinFast Auto’s India Chief Executive Officer Pham Sanh Chau said the policy will help the company to introduce premium-quality sports utility vehicles at inclusive prices.

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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.

Motor 52
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Toyota 3-row EVs, Tesla price cuts, electric G-wagen, airless tires: The Week in Reverse

Baua Electric

The Tesla Model Y undercuts the Model 3 by $5,000 —for those who are EV tax credit eligible—under the latest round of Tesla price cuts made last weekend. It might also be EV tax-credit-eligible while other Model 3 versions aren’t. That complements the other Toyota 3-row electric SUV set to be made in Kentucky in 2025.

Toyota 52
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Indian carmakers set to propose import duty rollback, but Tesla will miss out

Teslarati

Indian automakers are finally set on proposing the idea of budging on import duties that would allow foreign automakers to sell cars in the market for a reduced tax. “The message from Goyal was clear – if companies don’t come up with a proposal on lowering taxes, the government will do it for them,” the source said.

India 97
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Jaguar to build C-X75 hybrid supercar with Williams F1

Green Car Congress

million) depending on local market and taxes. Jaguar C-X75 will be developed in association with Williams F1 who will provide their engineering expertise in areas including aerodynamics, carbon composite manufacture and hybrid technologies. The C-X75 will have an EV range in excess of 50 km (31 miles).

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UK Car production slumps in July

EV Info

It represented the worst July performance since 1956 as manufacturers grappled with the global shortage of semiconductors and staff absence resulting from the ‘pingdemic’, with some altering summer shutdown timings to help manage the situation. to 8,233 while manufacturing for export also fell, down -37.4% Big Picture.

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Over 200,000 Pure Electric Vehicles to hit UK roads in 2021

Drive Electric

Financial incentives for battery electric vehicles will remain, including a rate of just 1% Benefit in Kind (BIK) company car tax from April 2021 for a period of 12 months. Jaguar Land Rover may have challenges due to having no lower price EV models to sell; £70,000+ sales are hard to come by in tough economic times.