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auto
EV Charging Revenue To Exceed $300 Billion Globally by 2027: Report
New Delhi, February 21 : The global electric vehicle (EV) charging revenue is likely to exceed $300 billion by 2027, up from $66 billion in 2023, a report showed on Tuesday. According to Juniper Research, the total…
Honda City 2023 Facelift Leaked Prior to Launch; Checkout Launch Date and Specs and All Key Details…
New Delhi, February 21 : Honda is ready to start its 2023 car launch schedule in India starting with the City facelift model. However, just days prior to the official market launch of the refreshed Honda City 2023,…
Honda’s All-New Mid-Size SUV for India Gets Spotted While Road Testing; Find Key Details Here
New Delhi, February 20 : The all-new upcoming Honda SUV is preparing big time for its launch in India, and now it has been spotted testing on the roads offering an idea about its overall looks.
Honda’s upcoming…
Magna spend in Michigan, Ontario a bid to be big EV player
Magna International Inc. deepened its investment into its declared new market for electric vehicle battery enclosures, raising its commitment to nearly $700 million at two plants in Michigan and Ontario to supply major electric truck…
Mercedes 2022 earnings boosted by higher revenue
Sales of top-end cars including the S-Class and EQS all-electric sedan saw particularly strong growth in 2022 and helped the carmaker overcome rising costs.
Global sales of Mercedes-Benz Cars were 2.05 million last year, including 149,227…
Genesis Electrified GV70 first Hyundai Motor Group EV to earn tax credit
The Electrified GV70's U.S. production launch marks a milestone for Hyundai Motor Group, which has committed to building EVs in the U.S. as part of a push to sell 3.2 million EVs a year globally by 2030. Genesis has pledged to have an…
Toyota Corolla Cross-Based Bigger New SUV on the Anvil for India; Here’s All That We Know So Far
New Delhi, February 17 : The Indian SUV market demands are skyrocketing in tandem with the global auto market trend. Hence, it is quite natural for all the auto majors to go into a SUV launch frenzy to draw maximum…
VinFast gets permit to start construction on U.S. factory
HANOI -- Vietnam's VinFast said North Carolina regulators had given the automaker one of the environmental permits it needs to begin construction on a planned $4 billion EV assembly plant in the state.
The company, a subsidiary of…
Hyundai Verna Next Generation Model India Launch Officially Confirmed; Here’s Everything You Need To…
New Delhi, February 17 : It has been known for some time now, that the next generation model of the Hyundai Verna premium sedan is preparing to launch in full-swing. Post spotting the test prototypes of the new-gen…
Visteon Q4 earnings: Net income stable at $35 million
A primary driver of Visteon's growth was its digital clusters segment, which increased 40 percent year over year with key launches in North America. The segment is anchored by increasingly sophisticated infotainment and dashboard displays.…
Chip shortage is easing unevenly for automakers
Even as the global microchip shortage slowly improves, some automakers are still feeling pinched more acutely than others, new data shows.Honda told shareholders this month the semiconductor shortage is bottoming out — but that it has…
Ford-CATL EV battery deal to face Chinese scrutiny for shared tech
The plan, which has already been examined by lower-level officials in China, is getting the extra layer of national-level scrutiny because of the significance of the deal and its implications for U.S.-China relations, the people said.…
Ford F-150 Lightning fire caused production stoppage
DETROIT — Production of the F-150 Lightning will remain down until at least the end of next week as Ford Motor Co. fixes an undisclosed battery problem that caused one truck to catch fire this month, the company confirmed.
The fire…
Tesla Fired Dozens of Gigafactory Workers in New York After Union Announcement
New York, February 16: Several employees at a Tesla gigafactory in Buffalo, New York have been fired after launching union organising efforts two days ago, according to Tesla Workers United. The group said in a…
Tesla To Open Up 7,500 Charging Stations in US to Other EVs by End 2024
San Francisco, February 16 : The Biden administration has revealed new initiatives to install 5,00,000 electric vehicle chargers on US roads by 2030 under its $7.5 billion plan, and as part of it, announced that…
Tesla Fires Over 30 Employees for Planning To Form a Union
San Francisco, February 16 : Elon Musk-run Tesla has fired more than 30 employees from its New York Gigafactory, after they planned to unionise, according to a complaint filed with the US National Labor Relations…
Royal Enfield Himalayan 450 Caught High-Altitude, Snow Testing in Ladakh (Watch Video)
New Delhi, February 16 : The highly awaited Royal Enfield Himalayan 450 has commenced its high-altitude, extreme weather testing phase. The adventure tourer bike’s test prototype was recently caught testing in the…
Hyundai i20 Receives 2023 Powertrain Update; Bids Adieu to Its Diesel Engine Prior to BS6 Phase 2…
New Delhi, February 16 : South Korean auto major Hyundai has joined the growing group of auto makers when it comes to saying goodbye to their diesel engines owing to the stricter emission norms in India. Just ahead…
Ford Suspends Production, Shipments of F-150 Lightning Electric Pickup After Battery Fire Incident
Dearborn, February 16 : Ford Motor Co. has suspended production and halted shipments of the F-150 Lightning electric pickup after a battery caught fire during a pre-delivery quality check. Production at Ford's Rouge…
Tesla to idle Shanghai factory for Model 3 upgrade
Tesla Inc. will halt some production at its Shanghai factory until the end of February, as it upgrades the facility to start rolling out a revamped version of the Model 3 sedan in the competitive Chinese market.
The plant has two sections…
BYD to build $1.2B EV battery plant in central China
SHANGHAI -- BYD, the world's largest maker of electrified vehicles, plans to invest $1.2 billion to build a new factory for its batteries in China, according to environmental appraisal filings.
FinDreams Technology, the Chinese company's…
Volvo chief Jim Rowan cautions rivals on missing out on EV demand
Commenting on his competitors' slower move to electric vehicles, Volvo Cars' new chief Jim Rowan said it's a bad idea to tiptoe toward an electric future while continuing to develop combustion engine models.
Hedging bets by investing in…
Car Ban: Sale of Gas and Diesel Cars To Be Banned From 2035 in These Countries, Here’s Why
London, February 15: In a move to boost the transition to electric vehicles (EVs), the European Parliament has approved the law to ban the sale of new gas and diesel cars in the EU, starting in 2035.
The new…
Electric Vehicles Policy 2023: Tamil Nadu Government Launches New EV Policy, Aims To Attract Rs…
Chennai, February 14: Tamil Nadu government has launched its Electric Vehicles Policy-2023, with an aim to increase the usage of electric vehicles to transform the state into a preferred destination for EV…
Ford Europe job cuts announced by automaker
BERLIN -- Ford plans to cut 3,800 product development and administration jobs in Europe in the next three years, the company said, citing rising costs and the need for a leaner structure as it pivots production to electric vehicles.
The…
Ford Layoffs: US Automaker Says Will Eliminate 3,800 Jobs in Europe Over Next Three Years
London, February 14: US automaker Ford on Tuesday announced it will eliminate 3,800 jobs over the next three years in Europe to restructure its business, creating a leaner, more competitive cost structure.
By 2025,…
Hyundai Verna Next Generation Model Photos Leaked Online Prior To Official Launch, Know Everything…
New Delhi, February 14 : The next generation Hyundai Verna premium sedan is a highly awaited launch in India. Recently, Hyundai has started accepting pre-orders for the next-gen Verna, and now the design of the…
UAW chief: Restoring cost-of-living is a top contract priority
DETROIT — UAW President Ray Curry said restoring the cost-of-living adjustment for the Detroit 3 workers it represents will be among the union's top priorities in this year's contract negotiations.
Curry, speaking to reporters Monday at a…
New Car Launch in India 2023: From Maruti Suzuki Fronx to All-New Honda SUV, List of Six Upcoming…
New Delhi, February 13 : The Indian car market is very fast faced and highly competitive, with incredible demands of new cars with great quality and looks. Even in post pandemic situation and amid global economic…
Honda City Facelift 2023 India Launch Imminent; Here’s All That You Need To Know
New Delhi, February 13 : Japanese auto giant Honda is busy preparing the launch of its new models for this year, and its first model in the 2023 lineup will be the City facelift.
The Honda City facelift is going to…