Legendary car designer Marcello Gandini, who shaped some of the best known and most revered Italian cars of all time, has died at the age of 85. The Turin native, widely recognised as one of the most prolific and influential car designers of his era, made a name for himself in the mid-1960s while working… Continue reading Car design legend Marcello Gandini dies at 85
Category: US Motoring Press
Volkswagen ID 3 GTX: 322bhp hot hatch is EV Golf GTI equivalent
Volkswagen has expanded its line-up of warmed-up electric cars with new GTX versions of the ID 7 Tourer estate and ID 3 hatchback – the latter serving as a long-awaited electric alternative to the Golf GTI. The ID 3 GTX has been on the cards since the EV was revealed in 2019 and finally arrives… Continue reading Volkswagen ID 3 GTX: 322bhp hot hatch is EV Golf GTI equivalent
Yellen touts electric vehicle ‘boom’ as automakers tone down hype
U.S. Treasury Secretary Janet Yellen testifies before a House Financial Services Committee hearing on the “Annual Report of the Financial Stability Oversight Council” on Capitol Hill in Washington, U.S., February 6, 2024. Amanda Andrade-rhoades | Reuters Treasury Secretary Janet Yellen on Wednesday lauded President Joe Biden‘s investment in electric vehicles for accelerating the sector, even… Continue reading Yellen touts electric vehicle ‘boom’ as automakers tone down hype
EV euphoria is dead. Automakers are scaling back or delaying their electric vehicle plans
Although consumer demand for EVs hasn’t shown up in the way executives had expected, sales of the vehicles are still predicted to increase in the years to come. Andrew Merry | Moment | Getty Images DETROIT — The buzz around electric vehicles is wearing off. For years, the automotive industry has been in a state… Continue reading EV euphoria is dead. Automakers are scaling back or delaying their electric vehicle plans
Raimondo says it’s ‘possible’ for Chinese EVs to one day be on U.S. roads
Philippine Department of Trade and Industry Secretary Alfredo Pascual (R) and US Commerce Secretary Gina Raimondo attend a press conference in the Philippines on March 11, 2024. Jam Sta Rosa | Afp | Getty Images Chinese electric cars can one day drive on U.S. roads if there are enough government controls on software and sensors,… Continue reading Raimondo says it’s ‘possible’ for Chinese EVs to one day be on U.S. roads
GM hires ex-Tesla, Google exec to replace retiring head of manufacturing
General Motors Executive Vice President Global Manufacturing and Labor Relations Gerald Johnson (middle) watches as engineers and technicians set-up and test the machines that will be used to manufacture Level 1 face masks at a plant in Warren, Michigan. Photo by John F. Martin for General Motors DETROIT – General Motors’ long-time head of manufacturing… Continue reading GM hires ex-Tesla, Google exec to replace retiring head of manufacturing
Steelbird to launch 70 new helmets in 2024; invest Rs 250 crore in TN
Steelbird Hi-Tech India, a prominent helmet manufacturer, is celebrating its 60th anniversary with ambitious plans for expansion and innovation. As part of its expansion plans, the helmet and accessories maker plans to invest Rs 250 crore in setting up a new manufacturing facility in Hosur, Tamil Nadu, to meet the growing demand from OEMs (Original… Continue reading Steelbird to launch 70 new helmets in 2024; invest Rs 250 crore in TN
Govt rolls out Rs 500 crore program to boost e-2W and e-3W as FAME II nears its end
The Indian government has today unveiled a new Rs 500 crore programme to promote electric two-wheeler and three-wheeler sales. Dubbed the Electric Mobility Promotion Scheme (EMPS), the initiative will run for four months starting April 1. This announcement comes as the previous Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India… Continue reading Govt rolls out Rs 500 crore program to boost e-2W and e-3W as FAME II nears its end
Tata Motors signs MoU with govt of Tamil Nadu, to invest Rs 9000 crore in five years
The MoU was exchanged in the presence of the Chief Minister of Tamil Nadu, Thiru. M.K. Stalin and signed between V Vishnu, IAS, Managing Director & CEO, Guidance, and PB Balaji, Group CFO, Tata Motors. Tata Motors has signed an MoU with the Minister of Tamil Nadu to establish a cutting-edge vehicle manufacturing facility, committing an… Continue reading Tata Motors signs MoU with govt of Tamil Nadu, to invest Rs 9000 crore in five years
SANY India collaborates with J&K Bank to provide financial solutions for construction equipment
SANY India has inked a Memorandum of Understanding (MoU) with J&K Bank, with the objective of fostering substantial growth opportunities in the region while ensuring convenient access to SANY India’s advanced product lineup alongside readily available financial services. This strategic collaboration seeks to capitalise on the strengths of both entities, offering comprehensive financial packages to… Continue reading SANY India collaborates with J&K Bank to provide financial solutions for construction equipment