Autocar_Professional India Online News – Page 1343

Mahindra XUV700 drives past 150,000 sales in 29 months

The XUV700, Mahindra & Mahindra’s flagship SUV has notched a new milestone: 150,000-unit sales in the domestic market. Launched on August 14, 2021, the XUV700 has taken 29 months or a little over two years to achieve this big number. This Mahindra model had surpassed the 100,000-units mark in 21 months since launch, with the… Continue reading Mahindra XUV700 drives past 150,000 sales in 29 months

China’s Nio unveils tech-laden luxury electric flagship ET9

Nio, the Chinese premium EV brand, today took the covers of its ET9 smart electric flagship sedan at Nio Day, an annual gathering of Nio and its users at the Xi’an Olympic Sports Center Stadium. The Nio ET9 integrates the latest technological research and development achievements, showcasing a package of flagship-style exterior, spacious interior, immersive… Continue reading China’s Nio unveils tech-laden luxury electric flagship ET9

China’s Nio unveils tech-laden luxury electric flagship ET9

Maruti Brezza breaks through a million sales in India, last 100,000 sold in just 8 months

Eight months after it recorded cumulative sales of 900,000 units in India, the Maruti Brezza has breezed past the 10,00,000 or million-units milestone in India’s ultra-competitive utility vehicle (UV) market. The game-changing compact SUV’s drive to a million units has taken 94 months or 7 years and eight months from launch on March 8, 2016… Continue reading Maruti Brezza breaks through a million sales in India, last 100,000 sold in just 8 months

Ola Electric’s FY23 loss at Rs 1,472 crore; May see further losses in near term

India’s largest electric two-wheeler maker Ola Electric Mobility Ltd has reported a consolidated net loss of Rs 1,472.08 crore for the financial year 2022-2023 (FY23). The company also said it might continue to report losses in the near term, considering higher operating expenses on account of product and sales expansion. The IPO-bound company’s consolidated net… Continue reading Ola Electric’s FY23 loss at Rs 1,472 crore; May see further losses in near term

India’s annual EV sales to hit 1 crore units by 2030, Gadkari says

India has the potential to be the top electric vehicle manufacturer globally and electric vehicle sales in the country are expected to hit 1 crore units per annum by 2030, Road, Transport and Highways Minister Nitin Gadkari said. In the calendar year 2023, April – November, India’s total electric vehicle sales rose around 50%… Continue reading India’s annual EV sales to hit 1 crore units by 2030, Gadkari says

India’s annual EV sales to hit 1 crore units by 2030, Gadkari says

Hyundai Mobis develops vehicle quantum dot and local dimming display

Hyundai Mobis has developed a QL Display (Quantum Dot and Local Dimming Display) for vehicles. The QL Display combines ‘Quantum Dot’ technology, which enhances colour reproduction for a more realistic depiction of original colours, and ‘Local Dimming’ technology, which increases the contrast between light and dark colours for more precise image quality. The display maximizes… Continue reading Hyundai Mobis develops vehicle quantum dot and local dimming display

BYD’s first European plant to come up in Hungary

BYD, the world’s leading manufacturer of new energy vehicles (NEVs / EVs), has announced the next stage of its European strategy: the construction of a brand-new manufacturing and production centre in Szeged, Hungary. The state-of-the-art facility will be the first of its kind built by a Chinese automotive company in Europe and will have the… Continue reading BYD’s first European plant to come up in Hungary