Category: Automotive

WELCOMING DR OLIVER FRILLE- DIRECTOR OF PROCUREMENT AND SUPPLY CHAIN MANAGEMENT

Oliver joined the Projekt Grenadier team on the 1st June 2018 to handle the rather significant Procurement side of the project. He’s responsible for overseeing, sourcing and managing all the materials going into the vehicle, as well as all other materials for the business – such as such as for marketing, sales, production or IT. He’s… Continue reading WELCOMING DR OLIVER FRILLE- DIRECTOR OF PROCUREMENT AND SUPPLY CHAIN MANAGEMENT

Ecurie Ecosse LM69 – Creating a Modern Racing Thoroughbred

What if…? It’s a question that has dominated the history of the XJ13, a prototype built by Jaguar in 1966 in a quest to continue the marque’s legendary run of success in the Le Mans 24 Hours. Powered by a new quad-cam, 5-litre V12, the XJ13 was Jaguar’s first mid-engined car – and without doubt… Continue reading Ecurie Ecosse LM69 – Creating a Modern Racing Thoroughbred

THE NORDIC HALL OF THE HEROES IS OPEN FOR BUSINESS – ASTON MARTIN VALKYRIE AND VALHALLA TAKE FLIGHT

Aston Martin Valkyrie and Valhalla take flight at Aston Martin’s development home – Silverstone, UK First time Aston Martin Valhalla ‘dynamic concept’ shown Aston Martin Valhalla makes North American debut today at Monterey Car Week’s “The Quail” Aston Martin Valkyrie testing continues at pace following British Grand Prix debut  Friday 16 August 2019, Gaydon, UK:… Continue reading THE NORDIC HALL OF THE HEROES IS OPEN FOR BUSINESS – ASTON MARTIN VALKYRIE AND VALHALLA TAKE FLIGHT

This is the best time to buy cars, you will not get such discounts again: Nikunj Sanghi, FADA

The guarantee scheme for NBFCs that the Government of India has floated will do a lot in terms of shoring up funds for NBFCs which plays a very big role in inventory funding, says Nikunj Sanghi, Director, Federation of Automobile Dealers Association (FADA). Excerpts from an interview with ETNOW.OEMs, dealers, everybody is trying his best… Continue reading This is the best time to buy cars, you will not get such discounts again: Nikunj Sanghi, FADA

New Fiat 500 Electric To Be Followed By Several Plug-In Fiats

500 Electric and Panda Electric will be just two out of around five new plug-ins expected from Fiat in the next few years Fiat is reportedly gearing up for a broader electrification initiative with several electric/plug-in models in Europe. The Italian’s firm approach is combining small cars with an electric drive option. The starting point… Continue reading New Fiat 500 Electric To Be Followed By Several Plug-In Fiats

Chinese EV maker Lixiang raises $530m Series C funding led by Meituan founder

Chinese electric vehicle producer Lixiang Automotive, formerly CHJ Automotive, has banked a $530-million Series C funding at a post-investment valuation of $2.93 billion, its early backer Plum Ventures said in an announcement. The round was led by Wang Xing, founder and CEO of online services giant Meituan-Dianping, according to the statement. While Plum Ventures did… Continue reading Chinese EV maker Lixiang raises $530m Series C funding led by Meituan founder

China’s iconic Hongqi starts selling first electric vehicle

CHANGCHUN, Aug. 19 (Xinhua) — China's automaker FAW Group on Sunday began selling the first electric model of its iconic Hongqi brand to get a slice of the country's booming new energy vehicle market.
The Hongqi E-HS3, a pure electric sport utility vehicle model, is priced between 225,800 yuan (around 32,000 U.S. dollars) to 265,800 yuan, said the carmaker.
The new model has a range of up to 407 km under the New European Driving Cycle, and it takes only around 15 minutes to charge from 30 percent to 80 percent.
The first car of Hongqi, or Red Flag, was made in 1958. It is one of China's iconic sedan brands and its vehicles have been used for parades at national celebrations.
The company has been actively exploring the private car market in recent years to reverse lackluster sales due partly to the lack of new models and shops.
In the first half of this year, more than 33,000 Hongqi vehicles were sold, up 255 percent year on year and outnumbering the total sales of 2018…