An Overview of Key Players in the Electric Vehicle Market

Breaking Automotive News And Trends

Get the freshest stories, analysis and opinion from our group of consultants. BYD Cars Philippines underneath ACMobility has unveiled the BYD Seagull, a new electric car designed to make EV ownership extra accessible to Filipinos. The Japanese automaker has detailed its priorities for India in a latest investor presentation the place it has referred to the growing function of Chennai as a global hub for premium motorcycles and scooters. It can be bullish on the prospects for motorcycles in India the place Gen Z has been recognized as the large catalyst to demand.

The two automakers will share the workload on another joint venture slated for the new yr. Underground Racing will give the hybrid Lambo power to rival the world’s best hypercars. Renault’s latest idea previews the automaker’s imaginative and Automotive News prescient for family motoring in the future. Toyota is towards solely selling EVs, however it may soon abandon gross sales of automobiles powered purely by a gas engine.

Explore the business models, technologies, and developments shaping the future of electrical mobility. The firm had been working on autonomous driving expertise for last-mile delivery vehicles, which are not designed to carry passengers. General Motors reported a dip in third-quarter US auto sales Tuesday, however pointed to growth in sales of electrical autos and stated retail pricing remained regular. Explore the enterprise fashions, technologies, and trends shaping the future of the software-defined automobile. Several trade reveals will give consideration to the recent topics of current years, together with EVs, battery tech, hybrid powertrains and software-defined automobiles. In the DRHP, Hero Motors has unveiled plans to boost INR 900 crore through the IPO through a mixture of fresh equity issuance and an offer for sale by promoters.

Union President Shawn Fain and Vice President Chuck Browning announced the news on social media Wednesday evening. Hyundai and Kia are engaged on a next-generation infotainment system and have introduced Samsung in as a strategic associate as the automakers venture additional into smartphone connectivity and in-car apps. Using Samsung’s SmartThings app to seek out your missing (or stolen!) automobile is however one characteristic envisioned. My vehicle-obsessed toddler loves the truck footage, and I find the songs infinitely extra listenable than whatever Blippi is normally screeching about. The newest Truck Tunes track options the one and solely Cybertruck, and actually, it’s a bop.

It grew to 12,000 at the graduation of World War II but fell to eight,748 through the struggle. During 1942–45, when there was no auto industry, Automotive News retained 73% of its circulation. From 1936, Pete Wemhoff served because the managing editor, editor, writer, and common supervisor for the next 35 years.

There isn’t any level vacillating on this point since other options like hybrids solely serve as an interim measure. Goenka believes that India has all the inherent strengths to step up its electrical recreation however this needs to be a concerted effort by all the stakeholders involved. Industry sources said that two-three international OEMs have shown curiosity in setting up manufacturing facilities underneath this policy but they want substantial tweaks. They also stated that utility ought to be sought solely after SOPs are framed and communicated.