Jaguar Land Rover posted a £302 million (Rs 2,735 crorer) loss from July to September 2021 as the impact of the ongoing semiconductor shortage results in tens of thousands of lost sales. The British firm, which is owned by Tata Motors, sold 92,700 cars in the second financial quarter of 2021, compared with 114,000 in… Continue reading Jaguar Land Rover posts Rs 2,735 crore loss after chip shortage
Author: Autocar_Professional India Online News
EValuating Tata Motors’ electric bet
The billion-dollar fund infusion by TPG Rise Climate provided a big boost to the Tata Motors valuations and the stock. Not only did you see the stock locked in circuit but it also hit fresh 52-week highs and found a renewed buzz in the bourses. But the question is can you consider it as a… Continue reading EValuating Tata Motors’ electric bet
Tata Motors losses expand on supply side concerns
Tata Motors losses have widened for the third consecutive quarter and the automotive bellwether has posted a consolidated loss of Rs 4,442 crore for in Q2FY2022 compared to a loss of Rs 314 crore in Q2FY2021. The net revenue however came in higher at Rs 61,379 crore, up 14.7 percent from Q2FY2021 revenue of Rs 53,530 crore.… Continue reading Tata Motors losses expand on supply side concerns
Battrixx launches dual power EV smart batteries
Battrixx, a wholly owned subsidiary of KabraExtrusiontechnik (KET) has launched its 4 kWh Dual Power electric vehicle smart batteries. The company says the smart battery packs are highly reliable, safe and robust for Indian drive conditions. The pack uses two 2kWh smart battery packs in parallel or series designed based on a patented European technology… Continue reading Battrixx launches dual power EV smart batteries
Jaguar Land Rover joins Tesla’s ‘pool’ for EU emissions targets
Jaguar Land Rover has joined Tesla’s manufacturer pool for European Union CO2 emissions, a move that’s likely designed to help the firm avoid paying fines for missing its targets. Under EU rules, car firms are required to achieve increasingly tough average CO2 emissions targets for their car fleets. Any that misses its target faces a heavy fine of €95 (£77)… Continue reading Jaguar Land Rover joins Tesla’s ‘pool’ for EU emissions targets
Continental supplies engine mounts for EV makers in Europe, USA and China
Special elastomer compounds for electric vehicles absorb vibrations in the high-frequency range. As the shift from ICE vehicle to electric vehicle takes firmer shape, particularly in developed markets, component suppliers are also getting future-ready. According to industry experts, 150 million electric cars, plug-in hybrids and fuel-cell vehicles will be on the road worldwide by 2030.… Continue reading Continental supplies engine mounts for EV makers in Europe, USA and China
Apollo Tyres launches premium Vredestein brand in India
Strengthening its product offering in India, Apollo Tyres has launched the premium European brand, Vredestein, which it acquired in 2009, in the country. Vredestein tyres will be manufactured at Apollo’s state-of-the-art facilities in India, and will cater to the premium and luxury segment in passenger cars, while the two-wheeler tyres from the brand would cater… Continue reading Apollo Tyres launches premium Vredestein brand in India
Lamborghini sells record 6,902 units in first nine months of 2021
Automobili Lamborghini has announced record sales for the first nine months of 2021. The period between January and September has seen the Italian supercar manufacturer deliver a record 6,902 units to customers, up 23% compared to the same period in 2020, which in turn was an increase of nearly 6% compared to the first three… Continue reading Lamborghini sells record 6,902 units in first nine months of 2021
Kia America teases all-new SUV ahead of October 27 reveal
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Sun Mobility gets $50 million from Vitol to accelerate global EV infra network
Sun Mobility’s Chetan Maini: “As part of Sun Mobility’s long-term strategy to build affordable EV technologies in India, we will be deploying the funds into capacity expansion.” Bangalore-based Sun Mobility, the fast-growing provider of energy infrastructure and services for electric vehicles, has closed a $50 million (Rs 370 crore) funding round by Dutch energy and… Continue reading Sun Mobility gets $50 million from Vitol to accelerate global EV infra network