Auto Express spoke to Philip Nothard, insight director for motor-industry data services firm Cox Automotive. He said that “while attractive incentives and discounts may benefit consumers and fleet operators in the short term, they contribute to depreciation concerns for the used EV market. A surplus of heavily incentivised new BEVs entering the market devalues them… Continue reading EV discounts: are they a short-term solution with long-term problems?
Category: US Motoring Press
Grey on top, but blue is back: UK’s favourite car colours revealed for 2024
SMMT Chairman Mike Hawes said: “While 2024 saw more new car buyers go green with a record number of electric cars reaching the road, the ‘face’ of the market remains familiar, with grey and black proving perennially popular. “While manufacturers strive to ensure every driver can have their pick of a vast choice of paint… Continue reading Grey on top, but blue is back: UK’s favourite car colours revealed for 2024
An electric Honda Civic Type R? We’re trying says brand’s EV boss… but it’s not easy
Honda is exploring how to take its Type R brand into the EV arena, with the much-loved performance badge yet to translate to electric powertrains. Speaking at the unveiling of the first two so-called 0 Series EV prototypes at CES in Las Vegas this month, Toshihiro Akiwa, head of the Japanese firm’s BEV Development Centre,… Continue reading An electric Honda Civic Type R? We’re trying says brand’s EV boss… but it’s not easy
It lives! Electric ‘67 Ford Mustang by British firm Charge Cars rescued by new ownership
Charge Cars, makers of an all-electric reimagining of the iconic 1967 Ford Mustang, is back up and running thanks to new owners that have revived the British outfit after it entered administration last summer. The London-based company that was founded in 2016, presented its first electric Mustang prototype in 2019 at the Goodwood Festival of… Continue reading It lives! Electric ‘67 Ford Mustang by British firm Charge Cars rescued by new ownership
Unsoo Kim says Hyundai understimated Indian EV market initially, not worried about catching up
Hyundai Motor India’s managing director, Unsoo Kim, admitted that the company underestimated India’s EV market initially, leading it to be late in addressing the opportunity. “We couldn’t expect India’s EV market to grow so positively,” said Kim, speaking at the Bharat Mobility Global Expo 2025. “That’s why we are a little late.” At the same… Continue reading Unsoo Kim says Hyundai understimated Indian EV market initially, not worried about catching up
Unsoo Kim says Hyundai understimated Indian EV market initially, not worried about catching up
Hyundai Motor India’s managing director, Unsoo Kim, admitted that the company underestimated India’s EV market initially, leading it to be late in addressing the opportunity. “We couldn’t expect India’s EV market to grow so positively,” said Kim, speaking at the Bharat Mobility Global Expo 2025. “That’s why we are a little late.” At the same… Continue reading Unsoo Kim says Hyundai understimated Indian EV market initially, not worried about catching up
Hyundai and TVS Motor explore partnership for last-mile mobility solutions in India
Hyundai Motor Company and TVS Motor Company announced at the Bharat Mobility Global Expo 2025 that they will explore a partnership aimed at developing advanced electric three-wheelers and micro four-wheelers. Hyundai unveiled its Micro Mobility Concept EVs at the event. The potential collaboration is set to address India’s growing demand for last-mile connectivity solutions, with… Continue reading Hyundai and TVS Motor explore partnership for last-mile mobility solutions in India
Hyundai and TVS Motor explore partnership for last-mile mobility solutions in India
Hyundai Motor Company and TVS Motor Company announced at the Bharat Mobility Global Expo 2025 that they will explore a partnership aimed at developing advanced electric three-wheelers and micro four-wheelers. Hyundai unveiled its Micro Mobility Concept EVs at the event. The potential collaboration is set to address India’s growing demand for last-mile connectivity solutions, with… Continue reading Hyundai and TVS Motor explore partnership for last-mile mobility solutions in India
Porsche India crosses 1,000 sales in 2024, growth up by 10%
Porsche India recorded one-thousand-sales mark for the first time with 1,006 vehicles sold in 2024. This represents a 10% increase over the previous year, driven by the successful introduction of new models such as the Porsche 911, Panamera, and the Cayenne SUV, which debuted in late 2023, the company said. At the Bharat Mobility Global… Continue reading Porsche India crosses 1,000 sales in 2024, growth up by 10%
Porsche India crosses 1,000 sales in 2024, growth up by 10%
Porsche India recorded one-thousand-sales mark for the first time with 1,006 vehicles sold in 2024. This represents a 10% increase over the previous year, driven by the successful introduction of new models such as the Porsche 911, Panamera, and the Cayenne SUV, which debuted in late 2023, the company said. At the Bharat Mobility Global… Continue reading Porsche India crosses 1,000 sales in 2024, growth up by 10%