German Handelsblatt: Electric car ranking: VW is growing faster than Tesla, Stellantis and Hyundai are collapsing – the most popular electric cars 2023006690

Die Zahl rein elektrischer Neuwagen in Deutschland ist im März wieder stärker gestiegen als zuletzt. Mehr als 44.100 batterieelektrische Fahrzeuge kamen im vergangenen Monat neu auf die Straßen, wie das Kraftfahrt-Bundesamt am Mittwoch mitteilte. Das waren rund 28 Prozent mehr als noch im gleichen Monat des Vorjahres. Damit war das Wachstum im Vorjahresvergleich doppelt so… Continue reading German Handelsblatt: Electric car ranking: VW is growing faster than Tesla, Stellantis and Hyundai are collapsing – the most popular electric cars 2023006690

RattanIndia’s Revolt Motors announces low cost financing scheme at 5.99% per annum for its electric motorcycles

RattanIndia’s Revolt Motors announces low cost financing scheme at 5.99% per annum for its electric motorcycles RattanIndia’s Revolt Motors, a Haryana-based electric vehicle bike company, has announced a new low-cost financing scheme for its customers, to purchase Revolt motorcycles at an interest rate of 5.99 percent per annum. This low-cost financing scheme combined with complete… Continue reading RattanIndia’s Revolt Motors announces low cost financing scheme at 5.99% per annum for its electric motorcycles

Ashok Leyland secures order for 1560 trucks from VRL Logistics

In one of the largest single orders for heavy commercial vehicles, Ashok Leyland has received an order of 1,560 trucks from VRL Logistics, one of the largest logistics companies in India. This order is for the AVTR 3120 and AVTR 4420 TT models of Ashok Leyland. Shenu Agarwal, MD and CEO, Ashok Leyland, said, “VRL Logistics and… Continue reading Ashok Leyland secures order for 1560 trucks from VRL Logistics

ZF to source silicon carbide devices from STMicroelectronics for use in inverters

ZF to source silicon carbide devices from STMicroelectronics for use in inverters ZF is to purchase silicon carbide devices from STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, from 2025. Under the terms of the multi-year contract, ST will supply a volume of double-digit millions of silicon carbide devices that… Continue reading ZF to source silicon carbide devices from STMicroelectronics for use in inverters

@BMW: The original celebrates its anniversary: The one millionth MINI 3-door of the current generation.002638

Munich. Maximum interior space on a minimum footprint – Sir Alec Issigonis wrote automotive history in 1959 with this simple yet ingenious vehicle concept. The modern version of the MINI 3-door also breaks with conventions along the same lines, reinvents itself time and again, and stands out from the crowd with its unique design. In… Continue reading @BMW: The original celebrates its anniversary: The one millionth MINI 3-door of the current generation.002638

@BMW: 24h Le Mans: First podium finish of the season for the BMW Motorrad World Endurance Team – Victory at race debut for the new Tecmas-MRP-BMW Racing Team.002637

Le Mans. The BMW Motorrad World Endurance Team kicked off the FIM Endurance World Championship 2023 (FIM EWC) with a podium finish. Markus Reiterberger (GER), Ilya Mikhalchik (UKR) and Jérémy Guarnoni (FRA) claimed third place at the opening event, the legendary 24 Hours of Le Mans (FRA). This was also the first podium for the… Continue reading @BMW: 24h Le Mans: First podium finish of the season for the BMW Motorrad World Endurance Team – Victory at race debut for the new Tecmas-MRP-BMW Racing Team.002637

German Handelsblatt: Mercedes, BMW, Volkswagen: Price wars and overcapacities – car manufacturers are threatened with the end of “picture book profits”006688

BMW production in Shenyang The classic combustion engine business in China is shrinking. (Photo: BMW Group) Many car manufacturers are profiteers from the crisis. Because a lack of semiconductors and wiring harnesses kept the vehicle supply tight, Volkswagen, Mercedes-Benz and BMW were able to push through ever higher prices. They achieved dream returns of more… Continue reading German Handelsblatt: Mercedes, BMW, Volkswagen: Price wars and overcapacities – car manufacturers are threatened with the end of “picture book profits”006688

German Handelsblatt: Mercedes, BMW, Volkswagen: Price wars and overcapacities – car manufacturers are threatened with the end of “picture book profits”006688

BMW production in Shenyang The classic combustion engine business in China is shrinking. (Photo: BMW Group) Many car manufacturers are profiteers from the crisis. Because a lack of semiconductors and wiring harnesses kept the vehicle supply tight, Volkswagen, Mercedes-Benz and BMW were able to push through ever higher prices. They achieved dream returns of more… Continue reading German Handelsblatt: Mercedes, BMW, Volkswagen: Price wars and overcapacities – car manufacturers are threatened with the end of “picture book profits”006688

Foreign Firms Bet on Hainan Free Trade Port at 3rd CICPE

HAIKOU, China, April 15, 2023 /PRNewswire/ — A report from Hainan International Media Center (HIMC):   The 3rd China International Consumer Products Expo (CICPE, or Hainan Expo) is underway in Haikou City, the capital of China’s southernmost province, Hainan. The Hainan Expo has presented boutique brands worldwide with broad business prospects as numerous enterprises from outside… Continue reading Foreign Firms Bet on Hainan Free Trade Port at 3rd CICPE

Maritime Satellite Communication Market Expected to Reach USD 6.67 Billion by 2028: Verified Market Research®

Verified Market Research® provides a comprehensive analysis of the market share, market ranking analysis, product benchmarking, and SWOT analysis of these key players. The report also provides an in-depth analysis of the global Maritime Satellite Communication Market, including its growth prospects, market trends, and market challenges. JERSEY CITY, N.J., April 14, 2023 /PRNewswire/ — The global… Continue reading Maritime Satellite Communication Market Expected to Reach USD 6.67 Billion by 2028: Verified Market Research®