On Thursday, Dacia presented the concept of a 4.6 meter long SUV model. The Bigster concept incorporates the values of simplicity and authenticity specific to the Dacia brand. Bigster is proof that an affordable vehicle can be attractive. Go to Source
Author: World_Newz Mon
World NM: Uzbekistan plans to reform its automotive industry000733
Uzbek President Shavkat Mirziyoyev has tasked the government to reform the country’s automotive industry to boost production and develop competition, the president’s press service said Wednesday. Uzbekistan plans to attract direct investments in the industrial assembly of cars and production of up to 60,000 budget cars and electric vehicles annually. Uzbekistan has recently set up… Continue reading World NM: Uzbekistan plans to reform its automotive industry000733
World NM: Hyundai-Nishat to increase manufacturing by 100pc000730
The Pakistani economy is on the path to stability and recovery. It gives us great satisfaction that Hyundai-Nishat also has a part to play in this. When Nishat Group decided to introduce Hyundai to Pakistan two years back, we did expect a good response. Go to Source
World NM: Swedish manufacturer chooses Tamil Nadu over Vietnam000718
Autoliv Inc., a fortune 500 company headquartered in Sweden, is setting up its manufacturing plant in Tamil Nadu at an investment of ₹100 crore. The project is expected to create jobs for over 400 people. In December last, the State government inked a deal with Ola Electric Mobility for setting up an electric two-wheeler manufacturing… Continue reading World NM: Swedish manufacturer chooses Tamil Nadu over Vietnam000718
World NM: Apple’s ‘Tesla killer’ self-driving car is at least 5 years away, according to a new report000706
Apple’s long-rumoured self-driving electric car — the so-called “Tesla killer” — could still be years from seeing the light of day. Go to Source
World NM: Hyundai Motor aims to co-develop electric car with Apple000705
By Baek Byung-yeul Since Apple will reportedly commence electric vehicle (EV) production, news surrounding the U.S. tech behemoth has been creating a stir in Korea, raising expectations that the iPhone maker will invite numerous local EV companies to its supply chain. Hyundai Motor, the country’s largest automotive group with three brands ― Hyundai, Kia and… Continue reading World NM: Hyundai Motor aims to co-develop electric car with Apple000705
World NM: Geely’s expansion and transformation gather speed on enhanced tech efforts000703
Hangzhou-based automaker Geely Automobile Holdings Ltd has been exploring even remote parts of the domestic auto market as well as enhancing its investment pace in Southeast Asia. Between January and November 2020, Geely sold a combined 1.17 million vehicles, registering sales growth year-on-year as well as month-on-month growth for four consecutive months. By the end… Continue reading World NM: Geely’s expansion and transformation gather speed on enhanced tech efforts000703
World NM: China’s Electric-Vehicle Makers Switching to Cheaper Batteries as Subsidy Cut Looms000700
China’s electric car manufacturers appear set to install a cheaper alternative to the popular ternary lithium battery in even more of their vehicles this year as state subsidies granted to the sector are slashed further, driving up costs. American electric vehicle giant Tesla Inc. last October swapped the battery in its Shanghai-made Model 3 to… Continue reading World NM: China’s Electric-Vehicle Makers Switching to Cheaper Batteries as Subsidy Cut Looms000700
World NM: Hyundai chief sets 2021 as ‘turning point’ for expansion000690
Hyundai Motor Group, South Korea’s top automaker, will accelerate its drive to morph into a future mobility solutions provider this year to better compete with rivals, the group’s chief said Monday. To strengthen its presence in the eco-friendly vehicle market, the group’s main affiliate Hyundai Motor Co. plans to launch the IONIQ 5, the first… Continue reading World NM: Hyundai chief sets 2021 as ‘turning point’ for expansion000690
World NM: Mahindra in talks to sell Ssangyong stake as it reprioritises investments amid Covid impact000680
Mahindra & Mahindra Ltd. is in discussions with an investor for selling a majority stake in Ssangyong Motor Co. as India’s largest SUV maker reassesses its investments amid the pandemic. Mahindra also pulled out of a proposed joint venture with Ford Motor Co. in India as the capital requirements didn’t make sense at a time… Continue reading World NM: Mahindra in talks to sell Ssangyong stake as it reprioritises investments amid Covid impact000680