Diversified engineering company Greaves Cotton, which has Ampere Vehicle as its electric vehicle arm, has announced consolidated revenues of Rs 699 crore for Q2 FY2023 (July-September 2022). This is strong double-digit growth of 87% over Q2 FY2022 numbers. The electric mobility business recorded highest ever quarterly revenues of Rs 318 crore, and sales of around 33,000 units,… Continue reading EVs give new charge to Greaves Cotton, Q2 revenue up 87% at Rs 699 crore
Category: US Motoring Press
Euro 7: everything car makers, buyers and retailers need to know
Short timeline for Euro 7’s introduction is an industry-wide challenge Strict new emissions rules will prompt final evolution of the internal combustion engine, with huge implications New electrically heated e-catalysts, due as standard fitment in petrol and hybrid engines from 2025, are set to delay the starting procedure of new cars by up to 30sec.… Continue reading Euro 7: everything car makers, buyers and retailers need to know
MG 3 replacement to continue with petrol power
MG will stick with petrol power for the replacement for the MG3 supermini, due before the end of 2024, but likely add a hybrid system to reduce CO2. The current MG3 is now a minor player within MG compared to hotter selling models like the MG ZS small SUV and MG HS compact SUV, but… Continue reading MG 3 replacement to continue with petrol power
New Lucid Gravity is seven-seat super-SUV to rival Tesla Model X
The new Lucid Gravity is a tech-rich and highly luxurious electric SUV aimed squarely at the BMW iX and Mercedes EQS SUV. Due on sale in 2024, it is the second model in the California-based EV start-up’s portfolio, after the Lucid Air luxury saloon – tipped for an imminent European and UK market launch –… Continue reading New Lucid Gravity is seven-seat super-SUV to rival Tesla Model X
Ford says making its own parts for electric vehicles could offset job losses
Ford CEO Jim Farley (left) with Michael Wayland / CNBC DETROIT – Ford Motor is attempting to build as many of its own parts as possible for its electric vehicles to offset an expected 40% reduction in workers needed to build such cars and trucks, CEO Jim Farley said Tuesday. Farley compared Ford’s latest efforts… Continue reading Ford says making its own parts for electric vehicles could offset job losses
Electric vehicles are less reliable because of newer technologies, Consumer Reports finds
watch now Electric vehicles are among the least reliable cars and trucks in the automotive industry today, according to Consumer Reports rankings released Tuesday. When compared with hybrid and gas-powered cars and trucks, electric vehicles powered entirely by batteries were the worst-performing segment, aside from traditional full-size pickup trucks, according to Consumer Reports. related investing… Continue reading Electric vehicles are less reliable because of newer technologies, Consumer Reports finds
Charlie Munger calls the success of Elon Musk’s Tesla a ‘minor miracle’ in the car business
watch now Berkshire Hathaway Vice Chairman Charlie Munger spoke highly of Elon Musk’s electric vehicle company, Tesla, calling it an amazing feat in the American auto industry. “I was certainly surprised that Tesla did as well as it did,” Munger said in an interview with CNBC’s Becky Quick that aired Tuesday on “Squawk Box.” “I do not… Continue reading Charlie Munger calls the success of Elon Musk’s Tesla a ‘minor miracle’ in the car business
Lucid reveals new lower-cost versions of the Air electric luxury sedan
watch now Luxury electric vehicle maker Lucid Group on Tuesday revealed several new versions of its Air sedan – including its lowest-cost model yet. CEO Peter Rawlinson said in an interview with CNBC’s Phil LeBeau the Lucid Air Pure will start at $87,400. An all-wheel drive version with 410 miles of range will ship by… Continue reading Lucid reveals new lower-cost versions of the Air electric luxury sedan
Panasonic and Redwood Materials strike multibillion-dollar battery component deal for U.S. production
JB Straubel sits down with CNBC’s Phil LeBeau at Redwood Materials. Panasonic Energy of North America, the largest supplier of battery cells for electric vehicles in the U.S., has struck a deal with Nevada-based battery recycling company Redwood Materials to buy a key material for the production of batteries. Redwood Materials, which will supply high-nickel… Continue reading Panasonic and Redwood Materials strike multibillion-dollar battery component deal for U.S. production
Jeep, Dodge plant in Detroit exceeded emissions limit per vehicle, state says
The state of Michigan has issued a violation against Stellantis NV’s Jefferson North Assembly Plant in Detroit for exceeding its permitted emissions limits. The Department of Environment, Great Lakes and Energy on Monday issued the notice at the plant that produces the Jeep Grand Cherokee and Dodge Durango SUVs after an emissions record review showed… Continue reading Jeep, Dodge plant in Detroit exceeded emissions limit per vehicle, state says