Amit Singh, Head of New Initiatives at Altigreen Propulsion Labs, speaking with Autocar Professional at the InnerCircle Bengaluru session, outlined the company’s aspirations for 2024. Speaking on the year ahead, he highlighted Altigreen’s goal to penetrate the passenger market while aiming for a 25% market share in the cargo segment. [embedded content] Go to Source
Category: US Motoring Press
Lotus Europe boss leaves after a year
Mike Johnstone, Lotus’s chief commercial officer and the brand’s most senior executive in Europe, is leaving the company, Autocar understands. Johnstone is officially still the firm’s commercial boss, responsible for all products and reporting directly to China-based CEO Qingfeng Feng, and is simply on a leave of absence from the business, but his departure will be… Continue reading Lotus Europe boss leaves after a year
Kia displays EV5 and Sonet SUVs for Chinese market
The Kia EV5, an all-electric compact SUV, is the first dedicated EV platform model to be produced locally in China. Building upon the success of the EV6 and EV9, the EV5 is Kia’s third dedicated EV built upon the Electric-Global Modular Platform (E-GMP), lauded for its modular design and exceptional adaptability. The Chinese market will… Continue reading Kia displays EV5 and Sonet SUVs for Chinese market
Hyundai Motor Group Executive Chair Euisun Chung visits India to underline mid-long term mobility strategic commitments
Hyundai Motor Group (the Group or HMG) Executive Chair Euisun Chung visited India to review the Group’s mid- to long-term future mobility strategies. Autocar Professional had exclusively reported that Euisun Chung visited India.The first overseas town hall meeting with the Executive Chair was also held with Hyundai Motor India employees. Amid the growing strategic importance of… Continue reading Hyundai Motor Group Executive Chair Euisun Chung visits India to underline mid-long term mobility strategic commitments
Nissan targets growth in China, unveils four NEV concepts at Beijing Motor Show
Nissan is among the leading automakers betting for a slice of the action in the world’s biggest electric vehicle market. At Auto China 2024 today, the Japanese carmaker unveiled four new energy vehicle (NEV) concepts and showcased a strong lineup of electrified models, underscoring its latest achievements and future direction in electrification. Under the theme… Continue reading Nissan targets growth in China, unveils four NEV concepts at Beijing Motor Show
Nissan targets growth in China, unveils four NEV concepts at Beijing Motor Show
Nissan is among the leading automakers betting for a slice of the action in the world’s biggest electric vehicle market. At Auto China 2024 today, the Japanese carmaker unveiled four new energy vehicle (NEV) concepts and showcased a strong lineup of electrified models, underscoring its latest achievements and future direction in electrification. Under the theme… Continue reading Nissan targets growth in China, unveils four NEV concepts at Beijing Motor Show
Uniproducts India targets 15% growth till FY2027, eyes new EV OEMs for NVH parts
Noida-headquartered Uniproducts India, which is a key manufacturer of NVH components such as roof liners, floor carpets, insulation materials, and heat shields, among others, is eyeing supplies to new market entrants of the likes of VinFast in the passenger-electric segment in the country. “We have solutions for various powertrains, including EVs, and we will be able… Continue reading Uniproducts India targets 15% growth till FY2027, eyes new EV OEMs for NVH parts
Uniproducts India targets 15% growth till FY2027, eyes new EV OEMs for NVH parts
Noida-headquartered Uniproducts India, which is a key manufacturer of NVH components such as roof liners, floor carpets, insulation materials, and heat shields, among others, is eyeing supplies to new market entrants of the likes of VinFast in the passenger-electric segment in the country. “We have solutions for various powertrains, including EVs, and we will be able… Continue reading Uniproducts India targets 15% growth till FY2027, eyes new EV OEMs for NVH parts
Ford tops first-quarter earnings estimates as commercial unit offsets EV losses
The Ford display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT — Sales of Ford Motor trucks and other commercial vehicles led the automaker to beat Wall Street’s earnings estimates for the first quarter, offsetting losses of its electric vehicles. The company maintained its 2024 earnings guidance… Continue reading Ford tops first-quarter earnings estimates as commercial unit offsets EV losses
Tesla surges after Elon Musk says new affordable EV models coming
watch now Tesla shares closed up 12% on Wednesday after CEO Elon Musk said the electric-vehicle company plans to begin production of new affordable EV models by early 2025. Musk’s comments came during Tesla’s earnings call on Tuesday after the company reported disappointing first-quarter numbers. Revenue fell 9% year over year, its steepest annual decline… Continue reading Tesla surges after Elon Musk says new affordable EV models coming