A company about to put 39kg electric motors into wheels has concluded, thanks to a study by Lotus Engineering, that unsprung mass – the weight that lives at the road end of your suspension – doesn’t matter a bit. This will be a surprise those of us who remember reports emerging frequently from down the corridor at Lotus Cars, celebrating every time they developed… Continue reading In-wheel EV motors: Should we be reinventing the wheel?
Category: US Motoring Press
Kia Proceed axed after 16 years on sale
The Kia Proceed has been pulled from the Korean firm’s UK line-up after 16 years due to languishing sales. Kia confirmed it was “rationalising” the Ceed model line to “focus on the most popular models”. The Proceed accounted for “a relatively small proportion” of Ceed sales, said the firm. The Ceed – in both hatchback and estate forms… Continue reading Kia Proceed axed after 16 years on sale
Comply or die: car makers must stop selling cars to keep selling cars
Stellantis has throttled sales of combustion-engined cars in the UK in a bid to hit government-mandated sales targets for electric cars this year and avoid paying fines. That’s according to the company’s new head of Europe Jean-Philippe Imparato, who added that the strategy will continue until the end of this year. The UK’s ZEV mandate, which imposes… Continue reading Comply or die: car makers must stop selling cars to keep selling cars
Hyundai India stock falls as much as 4.6% after record IPO
Shares of Hyundai Motor India fell as much as 4.6% soon after their stock market debut, but stabilised soon after. The automaker’s shares made their debut on the stock exchanges at a discount to the issue price. The listing price on the National Stock Exchange was Rs 1,934, representing a discount of 1.3% on the… Continue reading Hyundai India stock falls as much as 4.6% after record IPO
The IPO will help us become a truly local champion in India: Hyundai’s Jaehoon Chang
India’s second largest car maker Hyundai Motor India’s (HMI) debut on the National Stock Exchange marks an important milestone for the South Korean manufacturer as it primes for its next phase of growth in the Indian market, Jaehoon Chang, President & CEO, Hyundai Motor Corporation (HMC) said during the listing ceremony on Tuesday. “For 28 years,… Continue reading The IPO will help us become a truly local champion in India: Hyundai’s Jaehoon Chang
Hyundai Motor Group taking next big step in India with IPO, Chairman Euisin Chung
South Korean automaker Hyundai Motor Group is now taking the next big step in India with the Initial Public Offering of Hyundai Motor India Ltd, according to Hyundai Motor Group Executive Chair Euisun Chung. “Today’s IPO shows that HMIL is a key part of India. It demonstrates our commitment to this great nation and ensures… Continue reading Hyundai Motor Group taking next big step in India with IPO, Chairman Euisin Chung
Hyundai India IPO: Shares start trading at Rs 1,934, a discount of 1.3%
India’s second largest car maker Hyundai Motor India made its debut on the stock exchanges on Tuesday as its equity shares started trading at a listing price of Rs 1,934 on the NSE. The listing price represents a 1.3% discount to the issue price of Rs 1,960. This IPO has become the largest in the… Continue reading Hyundai India IPO: Shares start trading at Rs 1,934, a discount of 1.3%
Ola Electric informs exchanges it has resolved the majority of complaints
Ola Electric, India’s largest electric two-wheeler maker, has addressed 99.1% of the complaints against it to the satisfaction of the customers through its redressal mechanism, the company reported in a regulatory filing to the stock exchanges. This action was taken after the Central Consumer Protection Authority (CCPA) notified the company about more than 10,000 complaints… Continue reading Ola Electric informs exchanges it has resolved the majority of complaints
Ola Electric informs exchanges it has resolved the majority of complaints
Ola Electric, India’s largest electric two-wheeler maker, has addressed 99.1% of the complaints against it to the satisfaction of the customers through its redressal mechanism, the company reported in a regulatory filing to the stock exchanges. This action was taken after the Central Consumer Protection Authority (CCPA) notified the company about more than 10,000 complaints… Continue reading Ola Electric informs exchanges it has resolved the majority of complaints
ABB launches new paint atomizer to enhance efficiency at sustainable paint shops
ABB has launched the RB 1000i-S paint atomizer to revolutionize automotive paint shops. The new paint atomizer mounted on top of the ABB robot improves transfer efficiency by upwards of 10%, and can significantly reduce paint waste by a minimum of 30% along with carbon dioxide (CO2) emissions, compared to its predecessor, the RB 1000i.… Continue reading ABB launches new paint atomizer to enhance efficiency at sustainable paint shops