The total addressable market for new and used car sales in the U.S. is estimated to be somewhere between $2.5 trillion and $3 trillion, according to the National Automobile Dealers Association. And e-commerce behemoth Amazon is attempting to do what insiders say no one has been able to do yet: bring a seamless online shopping… Continue reading Amazon wants to shape the future of car-buying. Dealers are skeptical
Category: US Motoring Press
GM unveils 2025 Chevy Equinox with new rugged design, standard heated seats
The 2025 Chevrolet Equinox RS. Chevrolet DETROIT — General Motors is redesigning its gas-powered Chevrolet Equinox crossover to look more rugged than its predecessors in an attempt to move the vehicle upmarket and attract new buyers. The 2025 Equinox, which GM revealed Tuesday, will feature additional standard safety and convenience features. Brad Franz, director of… Continue reading GM unveils 2025 Chevy Equinox with new rugged design, standard heated seats
Government of India expects additional 38,000 electric buses to ply by 2027
The government of India is optimistic of introducing 38,000 electric buses by 2027 on the back of the US- India payment security mechanism which is expected to provide the EV Bus OEMs the cushion to deploy these buses to various state transport undertakings. This will enable them to pay up in case of default from… Continue reading Government of India expects additional 38,000 electric buses to ply by 2027
Government of India expects additional 38,000 electric buses to ply by 2027
The government of India is optimistic of introducing 38,000 electric buses by 2027 on the back of the US- India payment security mechanism which is expected to provide the EV Bus OEMs the cushion to deploy these buses to various state transport undertakings. This will enable them to pay up in case of default from… Continue reading Government of India expects additional 38,000 electric buses to ply by 2027
Share of ICE vehicles to fall to 28% by 2031 and 10% by 2040, says Maruti Suzuki’s C V Raman
As the race towards carbon neutrality gains momentum, C V Raman, the CTO of Maruti Suzuki India believes the share of pure internal combustion engines will drop to a third by the end of the decade, which will further slip to 2040, as the country progresses on its path to a net carbon zero society.… Continue reading Share of ICE vehicles to fall to 28% by 2031 and 10% by 2040, says Maruti Suzuki’s C V Raman
FAME 2 benefits to continue beyond March, says Dr Hanif Qureshi
With just two months left for the critical FAME 2 incentive scheme to expire, a senior government official has assured that the benefits will continue beyond March 2024, a development which will come as a relief for the electric two and three-wheeler makers, who have benefited from the sops to offer their vehicles at a… Continue reading FAME 2 benefits to continue beyond March, says Dr Hanif Qureshi
BorgWarner showcases electrification portfolio at SIAT 2024 in Pune
BorgWarner is showcasing its latest electrification products at the Symposium on International Automotive Technology (SIAT) 2024, which is being held at the Pune International Exhibition and Convention Center from January 23-25, 2024. The Tier 1 supplier is demonstrating high-voltage drivetrain innovation, including e-motors, inverters, drive modules, and battery systems. Advanced thermal management products, including high-voltage… Continue reading BorgWarner showcases electrification portfolio at SIAT 2024 in Pune
Revolutionising urban mobility: EV integration in public transport for cleaner cities
Urban mobility is at a crossroads, where the demand for advancement collides with the need for sustainability. As cities throughout the world struggle with pollution and congestion caused by traditional public transport systems, the integration of electric vehicles (EVs) into public transport appears to be a viable answer for cleaner, smarter cities. Cities, which are… Continue reading Revolutionising urban mobility: EV integration in public transport for cleaner cities
Revolutionising urban mobility: EV integration in public transport for cleaner cities
Urban mobility is at a crossroads, where the demand for advancement collides with the need for sustainability. As cities throughout the world struggle with pollution and congestion caused by traditional public transport systems, the integration of electric vehicles (EVs) into public transport appears to be a viable answer for cleaner, smarter cities. Cities, which are… Continue reading Revolutionising urban mobility: EV integration in public transport for cleaner cities
Tata Elxsi Q3 performance up 6% YoY; net profit jumps Rs 206.4 crore
Design and technology services provider Tata Elxsi released its Q3FY24 results on Tuesday and reported a 6% year-on-year (YoY) increase in net profits which stood at Rs 206.4 crore during the quarter ending December 2023 from Rs 194.6 crore during the year-ago period. The revenue from operations of the company jumped 11% YoY to Rs… Continue reading Tata Elxsi Q3 performance up 6% YoY; net profit jumps Rs 206.4 crore