Zhejiang Geely Holding Group (Geely Holding), China’s leading privately-owned automotive group, today announced plans to set up a new strategic partnership focusing on the development of connected and intelligent electric vehicles with Baidu, the country’s pre-eminent search engine, information-centered internet platform and AI company. The strategic partnership will focus primarily on the joint research and development… Continue reading Geely and Baidu join forces to set up new electric car company
Author: Autocar_Professional India Online News
Chinese EV maker Nio unveils ET7 sedan as new flagship
Chinese EV firm Nio has revealed its first sedan car, the ET7, which is due to go on sale in the country in 2022 with a range of more than 600 miles and offering autonomous driving features. The firm, founded by Chinese tech entrepreneur Williams Li, currently offers a range of electric SUVs and crossovers aimed at the… Continue reading Chinese EV maker Nio unveils ET7 sedan as new flagship
Mercedes-Benz sells over two million cars in CY2020, down 7.5%, triples global sales of xEVs
Despite the major challenges posed by the Covid-19 pandemic, Mercedes-Benz delivered more than two million cars for the fifth consecutive year. Through advanced digitisation in sales and service, the German luxury carmaker says it was able to respond to the rapidly changing situation and the various regulatory requirements during the pandemic. With sales of 2,164,187 units… Continue reading Mercedes-Benz sells over two million cars in CY2020, down 7.5%, triples global sales of xEVs
Bangalore-based startup Simple energy plans to raise Rs 75 crore in series A funding, to launch e-scooter in May
Bangalore-based electric vehicle startup Simple energy has raised an undisclosed amount from angel investors UiPath’s VP – Global Business and Finance Operations Vel Kanniappan and four other investors pre-series funding. The start-up is also looking to raise $8-10 million (Rs 51-74 crore) in series A funding in the second quarter of this year. Simple Energy… Continue reading Bangalore-based startup Simple energy plans to raise Rs 75 crore in series A funding, to launch e-scooter in May
Omega Seiki Mobility opens new dealership in Bangalore
Omega Seiki Mobility (OSM), part of Anglian Omega Group has onboarded a new dealer partner in southern India – Green Drive Auto Services – to open a new electric three-wheeler dealership in Bangalore. OSM says the new dealership is located at Singasandra, Bangalore and is part of the company’s focus to strategically strengthen its roots… Continue reading Omega Seiki Mobility opens new dealership in Bangalore
Skoda’s upcoming SUV for India is the Kushaq
Skoda Auto India has christened its midsized SUV, the first vehicle designed and developed under the purview of the ‘India 2.0′ project, as the ‘Skoda Kushaq’. The naming nomenclature derives its origin from Sanskrit, and the word ‘Kushak’ denotes ‘King’ or ‘Emperor’. Also, the anointment with ‘K’ at the very start and ‘Q’ at the… Continue reading Skoda’s upcoming SUV for India is the Kushaq
Kia unveils new logo to depict future transformative journey
Kia has revealed its new corporate logo and global brand slogan that signify the automaker’s bold transformation and all-new brand purpose. The introduction of the new logo represents Kia’s ambitions to establish a leadership position in the future mobility industry by revamping nearly all facets of its business. According to the Korean carmaker, the new… Continue reading Kia unveils new logo to depict future transformative journey
Oxbotica to accelerate autonomous platform rollout with Series B funding
Oxbotica, a global autonomous vehicle software major, has completed $47 million Series B investment with partners across the globe led by bp ventures. The funding will accelerate its commercial deployment of its autonomy software platform across multiple industries and key markets, especially for rolling out urban passenger transportation applications in the future. Investors from across… Continue reading Oxbotica to accelerate autonomous platform rollout with Series B funding
Tata Motors brings back Safari, codenamed Gravitas
The Tata Safari is back, in a new avatar! Tata Motors has announced that it is bringing back its iconic Safari brand with its forthcoming flagship SUV (codenamed Gravitas). It may be recollected that the Tata Safari introduced India to the SUV lifestyle over two decades ago. The Safari will have a Republic Day unveiling. It… Continue reading Tata Motors brings back Safari, codenamed Gravitas
French battery system supplier Forsee Power to invest 10m euros in India project
The nascent Indian electric vehicle market is now seeing the entry of global majors in the field, particularly when it comes to EV batteries. The latest is French-headquartered Forsee Power, a leading global supplier of smart battery management systems, which recently announced plans to manufacturing EV battery systems in Pune. In a recent exclusive interaction with Autocar… Continue reading French battery system supplier Forsee Power to invest 10m euros in India project