This unprecedented partnership enables a turn-key solution for sustainable urban delivery partners with a holistic asset and maintenance platform. NEW YORK, June 16, 2022 /PRNewswire/ — Spheara, a Motivate LLC company, and Fernhay announced today that the companies have entered a global strategic partnership, combining Spheara’s industry-leading operations and infrastructure micromobility services with Fernhay’s world-class,… Continue reading Spheara, a Motivate LLC Company, Partners with Fernhay
Category: Automotive
India, ASEAN agree to work towards comprehensive strategic partnership
S Jaishankar (center) stands with Southeast Asian foreign ministers at the start of a meeting in New Delhi. India and the ASEAN on Thursday agreed to work towards a comprehensive strategic partnership that is meaningful, substantive and mutually-beneficial by further enhancing their strategic ties. This was stated in a statement by External Affairs Minister S… Continue reading India, ASEAN agree to work towards comprehensive strategic partnership
Tata Motors Group businesses are self-sustaining, to attain net zero automotive debt by FY-24, says N Chandrasekaran
N Chandrasekaran Tata Motors chairman N Chandrasekaran says each of its businesses is self-sustaining, and that gives him the confidence to attain net-zero automotive debt by FY-24 In his address to the shareholders in the FY-22 annual report, Chandrasekaran said, “We are committed to restoring the profitability of this business as it returns to competitive… Continue reading Tata Motors Group businesses are self-sustaining, to attain net zero automotive debt by FY-24, says N Chandrasekaran
30% of India’s auto market to be EVs, only 5% of volumes from electric PVs by ‘30: Report
By 2030, the Indian automobile industry will see an overall electric vehicle (EV) adoption rate of over 30%. However, EV adoption for passenger vehicles is likely to be only 10% by the end of the period, amounting to only 5% of total EV sales. The EV segment is expected to see sales of 10 million… Continue reading 30% of India’s auto market to be EVs, only 5% of volumes from electric PVs by ‘30: Report
Law to reward person sending pics of wrongly parked vehicle in offing: Gadkari
Union minister Nitin Gadkari Soon, a person sending photograph of a wrongly parked vehicle may get a reward of Rs 500 in case the fine works out to be Rs 1,000, Union Road Transport and Highways Minister Nitin Gadkari said on Thursday. Addressing an event here, Gadkari, who is known for his frank views, said… Continue reading Law to reward person sending pics of wrongly parked vehicle in offing: Gadkari
Ferrari electric cars to be 50% of brand sales by 2030
Almost half of all Ferraris sold will be purely electric by the end of the decade – and four in five will be electrified in some way, the company has announced. Speaking at the Italian brand’s Capital Markets Day, Ferrari’s CEO Benedetto Vigna said that while the firm remains committed to combustion engines – including… Continue reading Ferrari electric cars to be 50% of brand sales by 2030
Ampere rolls out its 50,000th electric scooter
Ampere, the electric scooter brand owned by Greaves Electric Mobility, has rolled out its 50,000th unit at its Ranipet, Tamil Nadu, plant. Sanjay Behl, CEO and Executive Director, Greaves Electric Mobility, said, “Our EV megasite was developed with the intent of accelerating the ecologically-virtuous cycle that our planet deserves, and it is incredible that we have reached the… Continue reading Ampere rolls out its 50,000th electric scooter
Need for new fab tech to improve chip availability: Visteon
As the global automotive industry grapples with the semiconductor shortage for almost two years now, one way to alleviate the situation is to shift to using chips that are defined for automotive usage. According to Qais Sharif, president, Display Product Line, Visteon, there needs to be implementation of newer fabrication technology chips to improve availability… Continue reading Need for new fab tech to improve chip availability: Visteon
2022 Peugeot 408 to debut on 22 June
The all-new Peugeot 408 will be revealed on 22 June and official teaser shots confirm it’ll be a coupe-SUV. We’ve previously seen the French firm post a close-up of the car’s nose – showing the grille, badge and 408 badging – but now we have a much clearer view of Peugeot’s new family car. We’ve… Continue reading 2022 Peugeot 408 to debut on 22 June
2022 Renault Megane E-Tech Electric UK pricing announced
Renault has confirmed that the new Megane E-Tech Electric is available to pre-order now, with three trim levels to choose from. It’s an all-new iteration of its long-running family hatchback, sporting crossover styling cues and a pure electric powertrain, and prices start from £35,995. The new model starts with the Equilibre trim level, then Techno… Continue reading 2022 Renault Megane E-Tech Electric UK pricing announced