The Government has brought yet another round of cuts to its plug-in car grant. Buyers can now only claim a maximum of £1,500 off the price of a new eligible plug-in car (£1,000 less than before) on models costing no more than £32,000 – £3,000 less than previously. These changes, the Government says, will allow… Continue reading Plug-in car grant cut from £2,500 to £1,500
Category: US Motoring Press
L&T Tech’s e-VOLTTS platform to accelerate EV development
Bangalore-based L&T Technology Services, a leading pure-play engineering services company, has launched its e-VOLTTS platform. The company says the platform is designed for next-generation electric vehicles along with an EV Lab and in-house autonomous drive platform. The in-house-developed e-VOLTTS is a scalable and modular high-efficiency reference platform that can be easily customised for use in… Continue reading L&T Tech’s e-VOLTTS platform to accelerate EV development
Skoda Auto VW India MD Gurpratap Boparai resigns
Gurpratap Boparai, Managing Director of Skoda Auto Volkswagen India (SAVWIPL) has stepped down from his position, which he had taken charge on April 2, 2018. SAVWIPL has officially his resignation with effect from January 1, 2022. Christian Cahn von Seelen will take interim charge of the VW Group’s Indian operations from January 1, 2022, in… Continue reading Skoda Auto VW India MD Gurpratap Boparai resigns
GM’s Factory ZERO helps fix Corvette plant after tornado rips through
The second shift at General Motors Bowling Green Assembly in Kentucky ended late Friday and some 400 workers filed out into the night. But 20 or 30 remained inside the plant when, in the early morning hours Saturday, alarms inside the factory sounded. The workers knew what it meant: Head to a designated shelter in the basement, said Jason Watson, shop chairman for UAW… Continue reading GM’s Factory ZERO helps fix Corvette plant after tornado rips through
Ford CEO Jim Farley praises Tesla CEO Elon Musk — and social media goes bonkers
Jim Farley and Elon Musk continue to create buzz. Within hours Monday, news splashed on social media that the two auto executives had each made a prominent magazine cover: Ford CEO Farley won 2022 MotorTrend Person of the Year and Tesla CEO Musk won 2021 Time magazine Person of the Year. Farley was the first to issue a shoutout to… Continue reading Ford CEO Jim Farley praises Tesla CEO Elon Musk — and social media goes bonkers
Toyota Outlines Electric Vehicle Expansion Plan
Toyota, the world’s largest carmaker, belatedly joined the electric vehicle bandwagon on Tuesday, saying it hoped that by the end of the decade battery-powered cars would account for one-third of sales and almost all of the sales of its Lexus luxury brand. The Japanese automaker pioneered hybrid vehicles that use electric and gasoline motors, but… Continue reading Toyota Outlines Electric Vehicle Expansion Plan
Lewis Hamilton or Max Verstappen? Abu Dhabi Race to Decide F1 Champion
For only the second time in Formula 1 history, two drivers go into the final Grand Prix of a season tied for the championship. After 21 races, Lewis Hamilton and Max Verstappen head into the Abu Dhabi Grand Prix on Sunday facing a winner-takes-all showdown. “It is a dream scenario,” said Daniel Ricciardo of McLaren.… Continue reading Lewis Hamilton or Max Verstappen? Abu Dhabi Race to Decide F1 Champion
Elon Musk Sells $5 Billion in Tesla Stock
Elon Musk, the chief executive of Tesla, disclosed on Wednesday that he had sold about $5 billion worth of Tesla shares, in part to cover his tax obligations after exercising options on a large tranche of stock. Mr. Musk sold about 4.5 million shares between Monday and Wednesday, according to filings with the Securities and… Continue reading Elon Musk Sells $5 Billion in Tesla Stock
Detroit car dealers target Sept. 14-25 for 2022 auto show
After a years-long COVID-19 pandemic-induced hiatus, the Detroit Auto Dealers Association is targeting Sept.14-25, 2022, to revive the North American International Auto Show, Doug North, the DADA’s chairman emeritus of events, told The Detroit News Tuesday. The news comes as the state legislature is considering a spending bill that includes a one-time grant of $9 million for the auto… Continue reading Detroit car dealers target Sept. 14-25 for 2022 auto show
Toyota to plow $35 billion into accelerating electric car shift
Toyota Motor Corp. wants the world to know it’s serious about competing in the market for battery-based electric vehicles. The world’s biggest carmaker is planning to invest 4 trillion yen ($35.2 billion) to supercharge its EV push, with a target to sell 3.5 million units annually by the end of the decade, Chief Executive Officer… Continue reading Toyota to plow $35 billion into accelerating electric car shift