Toyota will unveil a new EV on March 11, expected to be the production version of the rakish bZ Compact Crossover concept from 2022. It will arrive as the third EV in Toyota’s range, joining the larger bZ4X and recently launched Urban Cruiser. Toyota has previously said this line-up will grow to six EVs by the end of 2026, including… Continue reading Toyota to reveal new EV on March 11
Category: US Motoring Press
Toyota to reveal new EV on March 11
Toyota will unveil a new EV on March 11, expected to be the production version of the rakish bZ Compact Crossover concept from 2022. It will arrive as the third EV in Toyota’s range, joining the larger bZ4X and recently launched Urban Cruiser. Toyota has previously said this line-up will grow to six EVs by the end of 2026, including… Continue reading Toyota to reveal new EV on March 11
Revolt Eyes Pre-IPO Funding, Plans New R&D Center in South India
Revolt Motors is planning to raise money from private investors this year before it goes public with an Initial Public Offering (IPO) as the company looks to fuel its growth strategy with more products and a new research and development center. Revolt was founded by Micromax co-founder Rahul Sharma in 2017 and was fully acquired… Continue reading Revolt Eyes Pre-IPO Funding, Plans New R&D Center in South India
JSW MG Motor India Launches “Power Pack” Offer for Hector SUV Buyers
JSW MG Motor India has launched a new “Power Pack” scheme for customers interested in purchasing the MG Hector SUV. The program combines multiple financial and service benefits designed to enhance the vehicle’s value proposition in the competitive SUV market. The Power Pack offer includes a 4.99% interest rate on financing, a 50% reduction in… Continue reading JSW MG Motor India Launches “Power Pack” Offer for Hector SUV Buyers
Mini Plans Potential Shift from Front-Wheel Drive to Rear-Wheel Drive for EVs
Next-generation Mini EVs might eschew the British carmaker’s current front-wheel-drive setups in favour of rear-wheel drive. Mini has exclusively built front-wheel-drive cars since its inception in 1959, but this tradition is set to significantly change in the coming years as a consequence of adopting BMW’s brand new Gen6 800V platform. BMW Gen6 800V platform details… Continue reading Mini Plans Potential Shift from Front-Wheel Drive to Rear-Wheel Drive for EVs
Sujan ContiTech Secures Position Among India’s Top 25 Manufacturing Workplaces
Sujan ContiTech AVS Private Limited (SCT), the joint venture between JNV Ventures Group and Continental AG, has been recognized among the Top 25 Best Workplaces in India’s mid-sized manufacturing sector. This recognition comes from a Great Place to Work India study that surveyed 800,000 employees across more than 340 organizations. This achievement follows SCT’s earlier… Continue reading Sujan ContiTech Secures Position Among India’s Top 25 Manufacturing Workplaces
UK battery start-up to begin cell production this year
British battery start-up Volklec will begin producing cells in Coventry later this year. It has licensed two lithium ion designs from Chinese firm Far East Battery, each measuring 21mm in diameter and 70mm in length. The first to enter production will be a cell for e-bikes and suchlike, using nickel-manganese-cobalt (NMC) chemistry, followed by a new and more powerful… Continue reading UK battery start-up to begin cell production this year
BMW 2 Series Gran Coupe
Increasing the Gran Coupé’s length by 20mm was partly to improve interior space There’s certainly enough room up front to accommodate most drivers, while rear leg room and head room below that sloping roofline are passable for passengers up to around 6ft tall. The boot measures 430 litres, which is down on the 460 litres offered… Continue reading BMW 2 Series Gran Coupe
Lucid CEO steps down; EV maker plans to more than double production in 2025
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024. Justin Sullivan | Getty Images Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production this year to 20,000 units.… Continue reading Lucid CEO steps down; EV maker plans to more than double production in 2025
Tesla’s market cap sinks below $1 trillion as stock slumps more than 8%
Elon Musk, CEO of Tesla Inc., in the Oval Office of the White House in Washington, D.C., on Feb. 11, 2025. Aaron Schwartz | Bloomberg | Getty Images Tesla’s postelection pop has almost disappeared. Shares of the electric vehicle maker plunged more than 8% on Tuesday, pushing the company’s market cap below $1 trillion and… Continue reading Tesla’s market cap sinks below $1 trillion as stock slumps more than 8%