Category: US Motoring Press

Mahle sales up 32% in H1 2021 but rising input costs prices, chip woes could impact H2   

Automotive component supplier Mahle has reported a significant boosted in sales and earnings. From January to June 2021, consolidated sales grew by 32 percent to about 5.7 billion euros, growing faster than the global automobile market. The highest growth rates were recorded in the Electronics and Mechatronics business area. Increased sales, productivity along with numerous… Continue reading Mahle sales up 32% in H1 2021 but rising input costs prices, chip woes could impact H2   

Tata Tigor EV launched with aggressive Rs 11.99 lakh pricing

Synchronising the official launch and pricing of its Tigor EV with the announcement of a strong 4-star Global NCAP crash test rating, Tata Motors today launched the electric sedan at a starting price of Rs 11.99 lakh. With this, the Tigor EV becomes the most affordable electric sedan in India. Available in three variants –… Continue reading Tata Tigor EV launched with aggressive Rs 11.99 lakh pricing

Ideanomics to acquire electric CV maker, VIA Motors in all stock deal

Nasdaq listed commercial electric vehicles and associated energy consumption play, Ideanomics entered an agreement to acquire 100 percent stake in US-based electric commercial vehicle maker, VIA Motors International in an all-stock deal.  The transaction valued upto $630 million is subject to regulatory and shareholder approval. The agreement values VIA at $450 million. VIA shareholders will receive… Continue reading Ideanomics to acquire electric CV maker, VIA Motors in all stock deal

Napino Group partners Enedym for cost-slashing magnet-less e-motors

The Gurgaon-based Napino Group has partnered Canada’s Enedym to manufacture complete motor solutions for the electric two-wheelersegment in India, which is poised to become a US$ 9 billion (Rs 66,609 crore) market by 2027. Under the agreement, Napino will license Enedym’s patented Switched Reluctance Motor (SRM) technology, which will be supplied for electric two-wheelers –… Continue reading Napino Group partners Enedym for cost-slashing magnet-less e-motors

Tata Tigor EV shines with 4-star rating in Global NCAP’s first EV crash test

Tata Motors has received yet another strong safety rating for its passenger vehicles. The Tata Tigor EV, the first Electric Vehicle (EV) ever tested by Global NCAP, has received a strong four-star rating for both adult and child occupants, in the latest crash test under the safety watchdog’s ‘Safer Cars For India’ programme. According to… Continue reading Tata Tigor EV shines with 4-star rating in Global NCAP’s first EV crash test

GM ‘not confident’ LG Chem will build defect-free Bolt batteries

General Motors will keep its Orion Assembly plant idled and not start repairs on the nearly 141,000 recalled Chevrolet Bolts EVs and EUVs until it is confident its supplier can make a defect-free EV battery that does not pose a potential fire risk. And right now, GM does not believe its battery-maker, LG Chem, can do that.… Continue reading GM ‘not confident’ LG Chem will build defect-free Bolt batteries

Ford just stopped accepting online reservations for new Bronco: Here’s why

Fighting production challenges and consumer demand, Ford Motor Co. no longer is accepting online customer reservations for its all-new, full-size 2021 Bronco, as the automaker had been since the launch of the high-profile SUV a year ago, the Free Press has learned. Ford sent a memo to dealerships last week titled “special announcement” saying “Bronco Vehicle Reservation Paused.” The… Continue reading Ford just stopped accepting online reservations for new Bronco: Here’s why

TVS targets true-blue bikers with ‘Built To Order’ platform

L-R: R Babu, VP & Head of R&D, TVS Motor Co and Meghashyam Dighole, Head – (Marketing) Premium Motorcycles, TVS Motor Co. TVS Motor Company today launched its ‘Built To Order’ (BTO) platform, marking its foray into the factory customisation and personalisation segment. The new business vertical will empower the customers to customise and personalise… Continue reading TVS targets true-blue bikers with ‘Built To Order’ platform