Hyundai, SK On plan $4 billion-plus battery plant in Georgia

Atlanta — Hyundai Motor Group and a South Korean battery maker say they will jointly invest $4 billion to $5 billion in Georgia to build a new electric battery plant northwest of Atlanta to supply Hyundai and Kia electric vehicles built in the United States. Hyundai and SK On, a unit of Korea’s SK Group,… Continue reading Hyundai, SK On plan $4 billion-plus battery plant in Georgia

Tesla to shorten Shanghai factory shifts, delay new hires

This content is only available to subscribers. Get unlimited digital access. $1 for 6 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Tesla to shorten Shanghai factory shifts, delay new hires

November continued to be a festive month for e-bikes

Sales of electric two-wheelers is on the rise in India. Electric vehicle companies are setting new sales records every month. The sales of electric two-wheelers in November 2022 amounted to 76,163. Ola Electric ranked first in retail sales. 16246 units of S1 electric scooters were delivered in November 2022. Ola’s sales have increased since the launch of… Continue reading November continued to be a festive month for e-bikes

November continued to be a festive month for e-bikes

Sales of electric two-wheelers is on the rise in India. Electric vehicle companies are setting new sales records every month. The sales of electric two-wheelers in November 2022 amounted to 76,163. Ola Electric ranked first in retail sales. 16246 units of S1 electric scooters were delivered in November 2022. Ola’s sales have increased since the launch of… Continue reading November continued to be a festive month for e-bikes

Volvo expands Digital Tech Hub footprint in India

Volvo Cars has today announced expanding its Digital Technology Hub to a new and larger facility in Bengaluru, the capital of Karnataka and India’s IT hub. The company says that it is further strengthening its commitment to the Indian market by the virtue of this new space that will encourage collaboration, innovation and offer a flexible… Continue reading Volvo expands Digital Tech Hub footprint in India

Volvo expands Digital Tech Hub footprint in India

Volvo Cars has today announced expanding its Digital Technology Hub to a new and larger facility in Bengaluru, the capital of Karnataka and India’s IT hub. The company says that it is further strengthening its commitment to the Indian market by the virtue of this new space that will encourage collaboration, innovation and offer a flexible… Continue reading Volvo expands Digital Tech Hub footprint in India

Landmark Group to float IPO on Dec 13, as premium & luxury car market speeds up

Landmark Cars Limited, a chain of luxury auto dealerships, will begin its initial public offering (IPO) on December 13 in light of the 10-12% CAGR growth that is predicted for India’s premium auto sales over the following five years. In addition, a CAGR of 14–15% is forecast for the even more niched luxury market.  The… Continue reading Landmark Group to float IPO on Dec 13, as premium & luxury car market speeds up

Landmark Group to float IPO on Dec 13, as premium & luxury car market speeds up

Landmark Cars Limited, a chain of luxury auto dealerships, will begin its initial public offering (IPO) on December 13 in light of the 10-12% CAGR growth that is predicted for India’s premium auto sales over the following five years. In addition, a CAGR of 14–15% is forecast for the even more niched luxury market.  The… Continue reading Landmark Group to float IPO on Dec 13, as premium & luxury car market speeds up

Fastest accelerating cars in the world 2022 / 2023

The primal rush of pure acceleration never gets old, and manufacturers are continuing to chip away at 0-62mph times to bring us even faster, brain-scrambling supercars. It’s not uncommon for today’s models to dip under 3-seconds in the sprint to 62mph, although for the new generation of electric performance cars, sub-2 second times are within… Continue reading Fastest accelerating cars in the world 2022 / 2023

Ashok Leyland appoints Ex-Escorts Agri Machinery head Shenu Aggarwal as MD and CEO

Ashok Leyland appoints Ex-Escorts Agri Machinery head Shenu Aggarwal as MD and CEO Ashok Leyland, the Indian flagship company of the Hinduja group has announced the appointment of Shenu Agarwal as MD and CEO of the company with immediate effect. Under the new role, Agarwal will drive the technology development, growth, and future strategy for… Continue reading Ashok Leyland appoints Ex-Escorts Agri Machinery head Shenu Aggarwal as MD and CEO