Page 83 - Evs News Today

The Vietnamese manufacturer has started building a factory in Tamil Nadu and hopes to start production by mid-2025

Indian Car Buyers: Deloitte’s 2024 Global Automotive Consumer Study (GACS) India, which reveals the dynamic shift in consumer preferences in the Indian automotive sector, was conducted during 5-12, October 2023. Deloitte surveyed a sample of 1,000 consumers in India, a press release issued by Deloitte Touche Tohmatsu India LLP, said.

Legacy automakers could be walking into a trap. Chinese brands are coming, promising similar or better quality for lower prices – and their focus is on EVs.

Toyota Kirloskar Auto Parts PLI: Established in 2002, TKAP is engaged in the manufacture and sale of automotive rear axles, propeller shafts, and transmission units. Over the years, the company has grown rapidly to emerge as a significant manufacturer of drivetrain parts and assemblies (xEV Transaxle) in the Toyota Group.

Should you really consider an EV if you need to replace your car soon?

Consumers are willing to share data with manufacturers to improve driving experiences, indicating that safety is still a top priority.

Partnership targets sustainable transportation solutions amid global oil price hikes

SA automobile industry bodies express concern at the lack of urgency of government’s R964 million electric vehicle budget allocation, set to be rolled out in 2026.

Sales are not growing as strongly as expected, inventory is piling up in an oversupplied market and major markets like the US are showing a marked preference for hybrids.

European carmakers are betting on SUVs and luxury vehicles to make more profits. Cars are getting greener but more expensive: the average price of battery-powered cars has surged by 18,000€ in less than a decade