MG Motor India to invest $100 million to expand capacity, eyes 70 percent growth in 2023

MG Motor India to invest $100 million to expand capacity, eyes 70 percent growth in 2023 Backed by improved supplies and sustained booking momentum, MG Motor, the British brand owned by China’s largest automaker Shanghai Automotive plans to invest $100 million to expand capacity at its existing facility in Halol, Gujarat and expand product portfolio… Continue reading MG Motor India to invest $100 million to expand capacity, eyes 70 percent growth in 2023

Toshihiro Suzuki, President, Suzuki Motor says eVX based SUV EV to be launched in 2025

Toshihiro Suzuki, President, Suzuki Motor says eVX based SUV EV to be launched in 2025 Toshihiro Suzuki, President, Suzuki Motor says the electric SUV based on the concept eVX – its first “global strategic EV” model will be introduced in the market in 2025. Unveiling the new eVX, Suzuki said, the company is selling SUV… Continue reading Toshihiro Suzuki, President, Suzuki Motor says eVX based SUV EV to be launched in 2025

Toshihiro Suzuki, President, Suzuki Motor says eVX based SUV EV to be launched in 2025

Toshihiro Suzuki, President, Suzuki Motor says eVX based SUV EV to be launched in 2025 Toshihiro Suzuki, President, Suzuki Motor says the electric SUV based on the concept eVX – its first “global strategic EV” model will be introduced in the market in 2025. Unveiling the new eVX, Suzuki said, the company is selling SUV… Continue reading Toshihiro Suzuki, President, Suzuki Motor says eVX based SUV EV to be launched in 2025

Toshihiro Suzuki, President, Suzuki Motor says eVX based SUV EV to be launched in 2025

Toshihiro Suzuki, President, Suzuki Motor says eVX based SUV EV to be launched in 2025 Toshihiro Suzuki, President, Suzuki Motor says the electric SUV based on the concept eVX – its first “global strategic EV” model will be introduced in the market in 2025. Unveiling the new eVX, Suzuki said, the company is selling SUV… Continue reading Toshihiro Suzuki, President, Suzuki Motor says eVX based SUV EV to be launched in 2025

Tata Passenger Electric Mobility Limited completes acquisition of Ford India’s Sanand plant

Tata Passenger Electric Mobility Limited completes acquisition of Ford India’s Sanand plant Tata Passenger Electric Mobility Limited (“TPEML”), a subsidiary of Tata Motors Limited (“TML”), and Ford India Private Limited (“FIPL” and together with TPEML, “Parties”) had executed a Unit Transfer Agreement on August 7, 2022 for acquisition of FIPL’s manufacturing plant situated at Sanand,… Continue reading Tata Passenger Electric Mobility Limited completes acquisition of Ford India’s Sanand plant

Volkswagen’s global BEV sales grow by 24% to 330,000 units in CY2022

Volkswagen continues to make rapid progress with the transformation to e-mobility: at around 330,000 units, worldwide deliveries of all-electric vehicles (Battery Electric Vehicles – BEVs) grew 23.6 percent year-on-year. Overall though, Volkswagen brand deliveries of all drive types were slightly down on the previous year due to the strained supply situation: 4.56 million vehicles (-6.8%)… Continue reading Volkswagen’s global BEV sales grow by 24% to 330,000 units in CY2022

Volkswagen’s global BEV sales grow by 24% to 330,000 units in CY2022

Volkswagen continues to make rapid progress with the transformation to e-mobility: at around 330,000 units, worldwide deliveries of all-electric vehicles (Battery Electric Vehicles – BEVs) grew 23.6 percent year-on-year. Overall though, Volkswagen brand deliveries of all drive types were slightly down on the previous year due to the strained supply situation: 4.56 million vehicles (-6.8%)… Continue reading Volkswagen’s global BEV sales grow by 24% to 330,000 units in CY2022

Lamborghini sales grow 10% to 9,233 units in best-ever year

In line with the global sales trend for luxury carmakers last year, Lamborghini too has announced record sales for CY2022. The Italian manufacturer clocked its best sales figures ever in its history – 9,233 cars worldwide, which is an increase of 10% over CY2021. Stephan Winkelmann, Chairman and CEO of Automobili Lamborghini, said: “Our trend of… Continue reading Lamborghini sales grow 10% to 9,233 units in best-ever year

UNICA, SIAM to launch CoE in bioenergy at Auto Expo 2023

In line with the bilateral cooperation between Brazil and India for the promotion of ethanol and its blends in the automotive sector, the Brazilian Sugarcane Industry Association (UNICA) and the Society of Indian Automobile Manufacturers (SIAM) will launch a Virtual Center of Excellence (CoE), at Auto Expo 2023. Participating at Auto Expo 2023, Brazil will… Continue reading UNICA, SIAM to launch CoE in bioenergy at Auto Expo 2023

SEG Automotive to display high-voltage e-powertrains for PVs and CVs at Auto Expo 2023

SEG Automotive to display high-voltage e-powertrains for PVs and CVs at Auto Expo 2023 SEG Automotive, which emerged from the Bosch Starter Motors & Generators division in January 2018, is to showcase its High Voltage (HV) electric powertrain series at Auto Expo Components Show 2023, which begins on January 12 at New Delhi’s Pragati Maidan.… Continue reading SEG Automotive to display high-voltage e-powertrains for PVs and CVs at Auto Expo 2023