Kia Corporation has reported its global sales performance for 2024, marking a new annual record with 3,089,457 vehicles sold. This reflects a marginal increase of 0.1 % compared to the previous year. Kia’s sales outside of its home market, Korea, rose by 1 % year-over-year, reaching 2,543,361 units. However, domestic sales in Korea declined… Continue reading Kia reports 0.1% sales growth in 2024, targets 3.2 million units in 2025
Category: US Motoring Press
Tata Elxsi and Qualcomm collaborate to advance Software-Defined Vehicle development
Tata Elxsi has announced its collaboration with Qualcomm Technologies to drive advancements in Software-Defined Vehicles (SDVs). The partnership focuses on developing and leveraging virtual models of Qualcomm’s Snapdragon® Digital Chassis™ solutions for cloud-native application development. As part of the collaboration, Tata Elxsi will create virtual electronic control unit (ECU) platforms using Snapdragon virtual system-on-chips… Continue reading Tata Elxsi and Qualcomm collaborate to advance Software-Defined Vehicle development
Altair India signs MoU with Centre of Excellence in Advanced Automotive Research to develop e-mobility solutions
Altair has signed a Memorandum of Understanding (MoU) with The Centre of Excellence in Advanced Automotive Research (CAAR). The collaboration will focus on developing solutions that advance e-mobility, autonomous systems, and sustainable vehicles while reducing product development timelines. “Our collaboration with CAAR and IIT Madras is poised to drive innovation in the automotive sector,” said… Continue reading Altair India signs MoU with Centre of Excellence in Advanced Automotive Research to develop e-mobility solutions
Mufin Green secures USD 18 million loan from US Development Finance Agency for EV financing
Mufin Green has secured a USD 18 million loan from the United States International Development Finance Corporation. The 10-year loan will help the NBFC to finance electric vehicles, chargers, and batteries. Kapil Garg, Founder and CEO of Mufin Green, said that the funding would help them expand our range of financial solutions for everyone involved… Continue reading Mufin Green secures USD 18 million loan from US Development Finance Agency for EV financing
EV players to meet Piyush Goyal today to discuss infra-related issues: PTI
Representatives from the electric vehicle sector will hold a meeting with Piyush Goyal, the Commerce and Industry Minister, on January 3, to talk about infrastructure issues related to battery swapping and charging, PTI reported citing sources. Officials from the Ministry of Heavy Industries are slated to attend the meeting, they noted. Spokespersons from Tata, Mahindra,… Continue reading EV players to meet Piyush Goyal today to discuss infra-related issues: PTI
EV players to meet Piyush Goyal today to discuss infra-related issues: PTI
Representatives from the electric vehicle sector will hold a meeting with Piyush Goyal, the Commerce and Industry Minister, on January 3, to talk about infrastructure issues related to battery swapping and charging, PTI reported citing sources. Officials from the Ministry of Heavy Industries are slated to attend the meeting, they noted. Spokespersons from Tata, Mahindra,… Continue reading EV players to meet Piyush Goyal today to discuss infra-related issues: PTI
Welcome back, Volvo V60: This excellent estate has plenty of life left
Like Subbuteo, the church, salad cream or Jaguar, the Volvo estate seems like one of those things that just ought to be around even if you’re not actually going to use it. There will always be Volvo estates, won’t there? There have been for more than 70 years. In fact, people have been making Volvo… Continue reading Welcome back, Volvo V60: This excellent estate has plenty of life left
Welcome back, Volvo V60: This excellent estate has plenty of life left
Like Subbuteo, the church, salad cream or Jaguar, the Volvo estate seems like one of those things that just ought to be around even if you’re not actually going to use it. There will always be Volvo estates, won’t there? There have been for more than 70 years. In fact, people have been making Volvo… Continue reading Welcome back, Volvo V60: This excellent estate has plenty of life left
Dacia, dustier: inside the firm’s plan to dominate the Dakar
Also, in the wake of the brand’s repositioning as the rugged, outdoors choice for those on a budget, the epic rally meets Dacia’s new principle for “human adventure”. “The ambition is to win,” says Broad. “But this is also an outdoor technical laboratory to develop innovations that will influence our road cars, and it’s an… Continue reading Dacia, dustier: inside the firm’s plan to dominate the Dakar
Dacia, dustier: inside the firm’s plan to dominate the Dakar
Also, in the wake of the brand’s repositioning as the rugged, outdoors choice for those on a budget, the epic rally meets Dacia’s new principle for “human adventure”. “The ambition is to win,” says Broad. “But this is also an outdoor technical laboratory to develop innovations that will influence our road cars, and it’s an… Continue reading Dacia, dustier: inside the firm’s plan to dominate the Dakar