Category: News Type

Gas Prices Influence Still-Low New-Vehicle Inventory in May

Among vehicle segments, compact cars had the lowest inventory after small volume high-performance cars. Also at the low end were hybrids, midsize cars, minivans and compact SUVs. Source: Cox Automotive New-vehicle inventory remained at the same level it has been for months, according to Cox Automotive’s analysis of vAuto Available Inventory data, despite comments from… Continue reading Gas Prices Influence Still-Low New-Vehicle Inventory in May

What’s the ‘secret sauce’ behind Croatian EV maker Rimac?

The startup, valued at $2.2B, has sights set on an IPO — but certainly not a SPAC Jaclyn Trop 7 hours Rimac Group made headlines in June after it raised €500 million ($537 million) in a Series D round led by Goldman Sachs and SoftBank Vision Fund 2. The deal valued the Croatian startup at… Continue reading What’s the ‘secret sauce’ behind Croatian EV maker Rimac?

GST compensation cess levy extended till March 2026

The government has extended the time for levy of GST compensation cess by nearly 4 years till March 31, 2026. As per the Goods and Services Tax (Period of Levy and Collection of Cess) Rules, 2022, notified by the finance ministry, the compensation cess will continue to be levied from July 1, 2022 to March… Continue reading GST compensation cess levy extended till March 2026

ElectriVa to set up 12 charging points in Kanpur

Electric vehicle Charging startup ElectriVa will set up 12 charging points in Kanpur, Uttar Pradesh as per city’s municipal corporation plan to install charging stations across the city. The civic body has awarded the contract to ElectriVa, who said most of the charging station will be fast charging ones, which will cater to the growing… Continue reading ElectriVa to set up 12 charging points in Kanpur

India should seek deeper integration into European supply chains: Niti VC

Bery said an explicit goal of the EU is to promote convergence in living standards between richer and poorer member states. Assuming a successful conclusion to the trade negotiations with the European Union (EU), India should seek deeper integration into European supply chains and present itself as an alternative to China, Niti Aayog Vice Chairman… Continue reading India should seek deeper integration into European supply chains: Niti VC

India-EU FTA negotiations – how deep can we go?

India and the European Union (EU) will soon launch the free trade agreement (FTA) negotiations. While the two parties have set the ambition to conclude a comprehensive agreement including commitments on trade in goods and services, investments, and geographical indication, it must be acknowledged that there are fundamental differences in the design, or the template… Continue reading India-EU FTA negotiations – how deep can we go?

Volvo Cars & Epic Games Bring Real-Time Photorealistic Visualisation Into Volvo Cars – Auto Futures

    Listen to this article Reading Time: 2 minutes Volvo Cars is bringing photorealistic visualisation technology into its next generation of electric cars through a new collaboration with Epic Games. The companies are teaming up to bring Epic’s Unreal Engine game engine which provides high-quality graphics to the cabin of upcoming Volvo cars. Epic Games is… Continue reading Volvo Cars & Epic Games Bring Real-Time Photorealistic Visualisation Into Volvo Cars – Auto Futures

‘It keeps on going’: driving the world’s first production-ready solar car

‘It keeps on going’: driving the world’s first production-ready solar car Ashifa Kassam with the Lightyear 0 solar car in Bardenas Reales, northern Spain. Photograph: Nacho Bueno Gil/The Guardian Ashifa Kassam with the Lightyear 0 solar car in Bardenas Reales, northern Spain. Photograph: Nacho Bueno Gil/The Guardian Makers of the €250,000 Lightyear 0 hope to… Continue reading ‘It keeps on going’: driving the world’s first production-ready solar car

Prices Inch Down as Used-Vehicle Supply Holds Steady

The average listing prices have been edging down since May 9. Further declines should continue over the summer. Source: Cox Automotive In contrast to new vehicles that are seeing rising prices, the average listing price of used vehicles has begun to inch down ever so slightly as supply holds relatively steady, according to the Cox… Continue reading Prices Inch Down as Used-Vehicle Supply Holds Steady