Renault’s decision to cancel the stock market listing of its Ampere division is the latest in a series of postponements, cancellations or – for those that did float – mistimed listings for EV-angled businesses. Lotus missed its deadline last year to list its electric arm in the US via the SPAC method and now says it… Continue reading The stock market has fallen out of love with electric cars
Category: US Motoring Press
New Czech firm launches UK’s first electric 4×4 for £50k
An affordable electric off-roader is now on sale in the UK, after Czech start-up MW Motors beat all the major manufacturers to market. The new Spartan EV 2.0 promises to match supreme yet easy-to-use off-road capability – already verified on test by Autocar – with on-road refinement from £49,995. That price excludes VAT, because it… Continue reading New Czech firm launches UK’s first electric 4×4 for £50k
Hyundai Casper set for European launch with electric power
Moreover, demand for the Casper in Korea alone is almost sufficient to fulfil the capacity of the plant where it’s built. According to data from Hyundai, 45,451 Caspers were sold last year. Nikkei Asia reported in November 2021, when the factory in Gwangju opened its doors, that it had an annual capacity of 70,000. Exporting… Continue reading Hyundai Casper set for European launch with electric power
Lubrizol Additives India receives recognition at Rosefield Energy Tech Awards
Lubrizol Additives India has been honored at the Rosefield Energy Tech Awards, a Mumbai-based conference that acknowledges excellence and innovation in the lubricants and fuels industry in India. Lubrizol India received two prestigious awards for technological advancement and supply chain resilience. The first award, the Technology Advancement Award, was presented to Lubrizol for its groundbreaking… Continue reading Lubrizol Additives India receives recognition at Rosefield Energy Tech Awards
Budget 2024 Live updates
Finance Minister Nirmala Sitharaman is set to present the Interim Budget 2024-25 at Parliament, on 1 February, at 11 am at the Parliament. This will mark the last budget of the current government today. The full budget will be presented after the Lok Sabha elections by the newly elected government. The budget is likely to… Continue reading Budget 2024 Live updates
Electric two-wheeler sales open 2024 on a strong note: over 81,000 units, up 26%
Maintaining the strong growth trajectory witnessed in CY2023, electric two-wheeler manufacturers have sold a total of 81,343 units in January 2023, recording strong 26% year-on-year growth (January 2023: 64,694 units). This data is as per 5am on the Vahan website on February 1, 2024. Cumulative sales for the first 10 months on FY2024 at 723,982… Continue reading Electric two-wheeler sales open 2024 on a strong note: over 81,000 units, up 26%
Electric two-wheeler sales open 2024 on a strong note: over 81,000 units, up 26%
Maintaining the strong growth trajectory witnessed in CY2023, electric two-wheeler manufacturers have sold a total of 81,343 units in January 2023, recording strong 26% year-on-year growth (January 2023: 64,694 units). This data is as per 5am on the Vahan website on February 1, 2024. Cumulative sales for the first 10 months on FY2024 at 723,982… Continue reading Electric two-wheeler sales open 2024 on a strong note: over 81,000 units, up 26%
83% of motorists want to ditch parking apps
More than four in five motorists dislike using car-parking apps, according to new research by Autocar. In a survey of 1387 UK-based motorists, 83% preferred to use cash or contactless card payments to park because they do not like having to download so many apps, worry about online fraud, or find that many of the… Continue reading 83% of motorists want to ditch parking apps
Tata Nexon tops 600,000 sales, contributes 29% to Tata Motors’ PV sales since launch
The game-changing Tata Nexon compact SUV has become the first model in Tata Motors’ seven-model ‘New Forever’ range of passenger vehicles to sell over 600,000 units in the domestic market. Launched on September 21, 2017, the Nexon has, till end-December 2023, clocked cumulative sales of 611,901 units in the domestic market. The 600,000-unit sales milestone… Continue reading Tata Nexon tops 600,000 sales, contributes 29% to Tata Motors’ PV sales since launch
Volkswagen sets up its own AI lab as car industry looks to embrace the tech
Volkswagen, like other car giants, are pushing heavily into AI to boost their technology credentials and make their cars smarter. Ismail Aslandag | Anadolu via Getty Images German automaker Volkswagen has established its own artificial intelligence lab, the company said Wednesday, reflecting growing ambitions from the car industry to adopt the buzzy technology. In a… Continue reading Volkswagen sets up its own AI lab as car industry looks to embrace the tech