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January 21, 2024
Lohia: A comprehensive policy on the components for Electric Vehicles (EV), inclusion of commercial vehicles for incentives, clarity on the Goods and Services Tax (GST) on spare parts and consistency on the policy front, are the expectations of industry players from the forthcoming Interim Budget for transition from petrol/diesel vehicles to EVs.
January 14, 2024
Ev And Future Mobility: Homegrown EV and EV component makers such as Switch Mobility, EKA Mobility, GreenCell and ARENQ are anticipating the talent to reach as high as 200%. This is leading companies such as Tata Motors, the country’s largest EV maker, to tap entry-level talent from technical colleges and lateral talent from automotive and related industries.
January 13, 2024
Unionised workers at Hydro Extrusions Vetlanda said in November they had stopped work on components for Tesla cars in a sympathy action with Swedish mechanics who are demanding a collective bargaining agreement with the U.S. automaker.
January 13, 2024
The recalled units, which include Lucid Air sedans from model years 2022 and 2023, may have faulty high voltage coolant heaters (HVCH), which are responsible for supplying warm air to heat the cabin and defrosting.
January 13, 2024
The company delivered 54,600 vehicles last year, compared with its target of about 60,000. Fourth-quarter deliveries fell nearly 8% from the previous three-month period to 12,800 units, which includes 880 units of Polestar 4 compact luxury crossover in China.
January 8, 2024
Fuel Efficiency Targets: Indian makers of passengers vehicles comprising cars, vans, and utility vehicles achieved corporate average fuel economy (CAFE)- a measure of carbon emission of a vehicle - of 116.78 gm per km in the year ended March 31 2023, missing the target of 113 gm per km set by the MoRTH, said several people aware of developments.
January 8, 2024
The head of heavily indebted Chinese property developer Evergrandes electric vehicle arm has been detained by authorities, the firm said Monday. News of Lius detention followed Evergrandes announcement in September that the firms chairman, Xu Jiayin, was "subject to mandatory measures" from Chinese authorities over "crimes".
January 8, 2024
Vuong, 55, replaces Le Thi Thu Thuy, who had held the post since late 2021, VinFast said in a statement. Thuy, a finance expert, will serve as chairwoman and lead engagement with external stakeholders.
January 8, 2024
Geely: Zeekr started delivery of its fourth model, the Zeekr 007 sedan, in December and wants to increase sales in Europe while selling into more markets in the Middle East and Asia this year, the company said.
January 7, 2024
Vietnamese electric vehicle (EV) maker VinFast on Saturday named its founder and biggest financial backer Pham Nhat Vuong as chief executive as it plans an ambitious overseas expansion and ramps up sales via dealerships. Vuong, 55, replaces Le Thi Thu Thuy, who held the post since late 2021, VinFast said in a statement.