German Handelsblatt: Car manufacturer: Volkswagen sales also collapse in May004502

VW in Zwickau The carmaker’s sales figures continued to fall sharply in May. Deliveries have fallen, particularly in the Chinese market. (Photo: dpa) Volkswagen also sold significantly fewer vehicles in May. Last month, the group delivered 658,300 units worldwide, 23.5 percent fewer cars, trucks and buses than a year ago. The decline was not quite… Continue reading German Handelsblatt: Car manufacturer: Volkswagen sales also collapse in May004502

Global Electric Truck Battery Markets Report 2021-2025 Featuring Major Suppliers – CATL, BYD, LG Chem, Samsung, and SK Innovation

DUBLIN, June 17, 2022 /PRNewswire/ — The “Global Electric Truck Battery Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering. Technological evolution, improving economics, and policy changes are poised to drive the electric truck battery market. The market opportunity for electric truck batteries is estimated to be more than $80 billion by 2030. Battery is the… Continue reading Global Electric Truck Battery Markets Report 2021-2025 Featuring Major Suppliers – CATL, BYD, LG Chem, Samsung, and SK Innovation

JDDJ and JD.com’s Shop Now launch 618 Grand Promotion on-demand consumption guide, revealing fun trends

On-demand consumption of soup ingredients up 187% yoy while gift boxes of tea leaves grew 369% year-on-year in Guangzhou. Hotpot ingredients sales saw surge of 86% yoy in Changsha. Children’s Day boosted on-demand toy sales with 260% growth. SHANGHAI, June 17, 2022 /PRNewswire/ — JDDJ, China’s leading on-demand retail platform operated by Dada Group (NASDAQ: DADA),… Continue reading JDDJ and JD.com’s Shop Now launch 618 Grand Promotion on-demand consumption guide, revealing fun trends

German Handelsblatt: Human rights violations: IG Metall demands withdrawal of VW from the Uyghur region of Xinjiang004499

VW-Werk in Xinjiang Der Konzern steht schon seit Langem wegen seiner Präsenz in der Uiguren-Region in der Kritik. (Foto: dpa) Erstmals wird auch aus dem VW-Aufsichtsrat heraus Kritik am fortgesetzten Betrieb der umstrittenen Fabrik in der chinesischen Provinz Xinjiang geäußert. Die IG Metall fordert von Volkswagen den Rückzug aus der Uiguren-Region. „Inzwischen gibt es kaum einen… Continue reading German Handelsblatt: Human rights violations: IG Metall demands withdrawal of VW from the Uyghur region of Xinjiang004499

German Handelsblatt: Fuel consumption: Porsche concludes million-dollar settlement with US plaintiffs004498

Porsche headquarters in Stuttgart US owners get compensation of up to $ 1110 per Porsche for allegedly false information on fuel consumption. (Photo: DPA) Porsche accepts a compromise in the legal dispute over allegedly misleading fuel consumption data for hundreds of thousands of cars in the USA. Porsche has concluded a settlement to settle civil… Continue reading German Handelsblatt: Fuel consumption: Porsche concludes million-dollar settlement with US plaintiffs004498

Mumbai college aims for the stars in Formula Student contest

A team of engineering students from KJ Somaiya College in Mumbai are looking forward to taking part in the Formula Student Electric 2022 at which they will showcase their all-electric Formula 4 race car. Orion Racing’s race car named Lemnos was displayed earlier this week at the Godrej & Boyce plant in Vikhroli, a Mumbai… Continue reading Mumbai college aims for the stars in Formula Student contest

Focus on localisation in EV development says former SIAM President, Wadhera

India’s fast developing electric vehicle (EV) industry should focus on becoming a global EV  technology hub vis-a-vis global EV manufacturing hub or else the situation may turn out akin to BS VI emission transition which though may have helped in reducing the pollution levels but not necessarily decreased the import bills.  Contrarily, the auto industry’s expenses went up by several $100 millions… Continue reading Focus on localisation in EV development says former SIAM President, Wadhera

Tata Motors refreshes customer focus

Tata Motors ended the last fiscal with its best-ever sales numbers totaling 372,000 units. While this adds a hefty 67 percent to its year-early tally, the clear challenge ahead is to be able to provide efficient after sales and market service. In the course of the year, Tata Motors has taken several service initiatives and one… Continue reading Tata Motors refreshes customer focus