Mercedes-Benz, the world’s most valuable luxury car brand which is preparing to go fully electric by the end of the decade wherever market conditions allow, continues to realign its global production network towards electric vehicles. The Stuttgart-Unterturkheim plant plays a decisive role in this strategy. In addition to conventional drive units and components, it is… Continue reading Mercedes-Benz to double e-drive production capacity to a million units
Category: US Motoring Press
Mercedes-Benz to double e-drive production capacity to a million units
Mercedes-Benz, the world’s most valuable luxury car brand which is preparing to go fully electric by the end of the decade wherever market conditions allow, continues to realign its global production network towards electric vehicles. The Stuttgart-Unterturkheim plant plays a decisive role in this strategy. In addition to conventional drive units and components, it is… Continue reading Mercedes-Benz to double e-drive production capacity to a million units
Mahua Acharya resigns as MD & CEO of the state-owned CESL
Mahua Acharya, MD and CEO of the state-owned Convergence Energy Services (CESL) has stepped down from her position. The development comes at a time when CESL, which is a part of Energy Efficiency Services (EESL), a joint venture of public sector companies under the Ministry of Power, is looking to push clean automotive fuel in the country… Continue reading Mahua Acharya resigns as MD & CEO of the state-owned CESL
Maruti Suzuki India issues recall for five models
Maruti Suzuki India (MSIL) has notified in a regulatory filing that the company has recalled 9,125 units of its five models – Grand Vitara, XL6, Brezza, Ertiga and Ciaz – due to a possible defect. The defect is suspected in one of the child parts of the shoulder height-adjuster assembly of the front-row seat belts, the company… Continue reading Maruti Suzuki India issues recall for five models
BMW expands Asia manufacturing footprint to Vietnam
The BMW Group has partnered with Truong Hai Auto Corporation (THACO) to locally produce BMW vehicles in Vietnam. The co-operation will extend the BMW Group’s production network for vehicles in Asia, which now includes BMW Group plants in India and Thailand, joint venture plants in China, and partner plants in Malaysia, Indonesia and now Vietnam.… Continue reading BMW expands Asia manufacturing footprint to Vietnam
Trinseo and Ferroglobe to improve EV battery performance with silicon-anode solutions
Trinseo and Ferroglobe to improve EV battery performance with silicon-anode solutions Speciality materials solutions provider Trinseo has inked an MoU with London-based Ferroglobe, one of the world’s leading suppliers of silicon metal, silicon-based and manganese-based specialty alloys, to jointly develop high-silicon anode material solutions for electric vehicle batteries. With the EV market growing rapidly around… Continue reading Trinseo and Ferroglobe to improve EV battery performance with silicon-anode solutions
Trinseo and Ferroglobe to improve EV battery performance with silicon-anode solutions
Trinseo and Ferroglobe to improve EV battery performance with silicon-anode solutions Speciality materials solutions provider Trinseo has inked an MoU with London-based Ferroglobe, one of the world’s leading suppliers of silicon metal, silicon-based and manganese-based specialty alloys, to jointly develop high-silicon anode material solutions for electric vehicle batteries. With the EV market growing rapidly around… Continue reading Trinseo and Ferroglobe to improve EV battery performance with silicon-anode solutions
Hyundai Creta cruises past 800,000 sales in less than 8 years
Hyundai Motor India, which reported domestic market sales of 48,003 units in November 2022 and YoY growth of 30% while surpassing the half-a-million units mark in the first 11 months of CY2022, has notched another milestone in the process. The Chennai-based company’s best-selling product – the midsize Creta SUV – has driven past 800,000-unit sales… Continue reading Hyundai Creta cruises past 800,000 sales in less than 8 years
Inside the industry: EV transition needs massive investment
Around three million new public charging points are needed across Europe by 2030 if the mandated sale of EVs is to be supported adequately, up from around 375,000 in 2021. That’s an eight-time expansion in nine years, according to a report by McKinsey on behalf of the European Automobile Manufacturers’ Association. The final part of… Continue reading Inside the industry: EV transition needs massive investment
Stellantis logistics crisis to blame for ‘disastrous’ November sales
As the UK car market celebrated a return to growth in November, Stellantis suffered a “disastrous” month in which new cars went missing amid a changeover in distribution systems. Registrations of the company’s Peugeot brand more than halved in November to just 2367 – not far off Porsche numbers. Meanwhile, Citroën sales were down 13%, Fiat was down 39%… Continue reading Stellantis logistics crisis to blame for ‘disastrous’ November sales