New Porsche Taycan: 320kW charging, 422 miles and 939bhp

The new motor houses a reworked rotor and stator, which boosts power density and cuts losses, while tweaks to the inverter software give “more efficient control” of the power delivery, says Porsche. Meanwhile, a Formula E-derived ‘push to pass’ function, included in the Sport Chrono options pack, can add up to 94bhp for 10 seconds… Continue reading New Porsche Taycan: 320kW charging, 422 miles and 939bhp

Magna wins specialised eDrive system business with North American OEM

Magna is growing its electrification customer base with a newly awarded contract from a North America-based OEM to supply a specialized primary rear eDrive system for one of the company’s high-end niche vehicle platforms. The award reinforces Magna’s commitment to supporting the automotive industry’s short and long-term transformational needs. The highly complex system, a variant… Continue reading Magna wins specialised eDrive system business with North American OEM

Magna wins specialised eDrive system business with North American OEM

Magna is growing its electrification customer base with a newly awarded contract from a North America-based OEM to supply a specialized primary rear eDrive system for one of the company’s high-end niche vehicle platforms. The award reinforces Magna’s commitment to supporting the automotive industry’s short and long-term transformational needs. The highly complex system, a variant… Continue reading Magna wins specialised eDrive system business with North American OEM

Lumax Cornaglia opens air filters and fuel tank plant in Pune

Lumax Cornaglia Auto Technologies (LCAT), a subsidiary and joint venture company of Lumax Auto Technologies and Cornaglia, Italy, has expanded its India operations by opening a new manufacturing facility at Chakan in Pune. LCAT is engaged in the business of manufacturing air filters and fuel tanks for both two-wheelers and four-wheelers. With this new facility,… Continue reading Lumax Cornaglia opens air filters and fuel tank plant in Pune

Tata Technologies wins four global automotive OEM deals in Q3 FY24

Global product engineering and digital services company Tata Technologies is among the Indian companies which have reported strong Q3 FY2024 numbers. For the September-December 2023 quarter, total operating revenue was up 14.7% YoY and 1.6% QoQ to Rs 1,289 crore. Q3 FY2024 turned out to be a good quarter in terms of new business – the… Continue reading Tata Technologies wins four global automotive OEM deals in Q3 FY24

G.M. Profits Hurt by Electric Car Business and Strike

General Motors said on Tuesday that its profit in the final three months of 2023 was depressed by the cost of a 40-day strike at some of its U.S. plants and an accounting charge related to electric vehicles. The automaker, which has been banking on a rapid rise in sales of battery-powered models, earned $2.1… Continue reading G.M. Profits Hurt by Electric Car Business and Strike

Toyota investing $1.3 billion in Kentucky to build all-electric, three-row SUV

Akio Toyoda, Chairman of Toyota Motor Corporation. Yoshikazu Tsuno | Gamma-rapho | Getty Images Toyota Motor is investing $1.3 billion in a Kentucky plant to produce a new all-electric, three-row SUV for the U.S. market, the company said Tuesday. The vehicle is expected to go into production between late 2025 and early 2026, according to… Continue reading Toyota investing $1.3 billion in Kentucky to build all-electric, three-row SUV

Ford tops fourth-quarter estimates, guides toward strong 2024

Ford CEO Jim Farley poses for a photo before announcing at a press conference that Ford Motor Company will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in Romulus, Michigan. Bill Pugliano | Getty Images… Continue reading Ford tops fourth-quarter estimates, guides toward strong 2024

PSM-backed EESL’s 3825 e-buses tender sees participation from OEMs

Amid the government’s push to boost electric bus adoption through a payment security mechanism (PSM), Energy Efficiency Services Limited’s (EESL) latest tender for the first tranche of 3,825 e-buses of the 10,000 electric buses under the government’s most ambitious PM E Sewa scheme has seen active participation from original equipment makers.  Major firms that have participated in… Continue reading PSM-backed EESL’s 3825 e-buses tender sees participation from OEMs

Facelifted Skoda Octavia to be revealed on 14 February

The Skoda Octavia hatchback and estate are primed to be facelifted later this month, following updates to the Kodiaq and Superb, with a debut date set for 14 February. Now the new design has been previewed by a series of sketches that reveal sleeker styling for both variants. Skoda has also confirmed that the Sportline and range-topping vRS variants will continue.  The biggest… Continue reading Facelifted Skoda Octavia to be revealed on 14 February