Retailer stress impacting auto sales in China, says Tata Motors

Tata Motors acknowledges the headwinds facing the Chinese auto market, citing financial stress among retailers as a key factor impacting the industry. However, the company remains optimistic about a recovery in the coming quarters, while highlighting strong growth in other markets, particularly the United States. “The China demand situation is more influenced by some retailers’… Continue reading Retailer stress impacting auto sales in China, says Tata Motors

Volvo to upgrade new cars with enhanced UX, Snapdragon, Plug & Charge technology

Volvo has announced a series of new technology focused upgrades that will roll out to several vehicles in its lineup, including the XC40, EX40, EC40, S60, V60, V60 Cross Country, V90 and V90 Cross Country models. At the height of these upgrades is a new-generation user experience and Qualcomm’s Snapdragon Cockpit Platform. Volvo highlighted that,… Continue reading Volvo to upgrade new cars with enhanced UX, Snapdragon, Plug & Charge technology

Forsman & Bodenfors Welcomes Industry Trailblazer Justine Armour as Global Chief Creative Officer

New creative leader brings close to three decades of culture-defining experience to role LONDON, Jan. 29, 2025 /PRNewswire/ — One of the industry’s most lauded female creative leaders, Justine Armour is to join Forsman & Bodenfors, a part of the Stagwell (STGW) network, as the Swedish-founded creative collective’s newly appointed Global CCO. Forsman & Bodenfors is… Continue reading Forsman & Bodenfors Welcomes Industry Trailblazer Justine Armour as Global Chief Creative Officer

Volvo Group – the fourth quarter and full year 2024

GOTHENBURG, Sweden, Jan. 29, 2025 /PRNewswire/ — “For the full year 2024, net sales amounted to SEK 526.8 billion (552.3) and the adjusted operating income to SEK 65.7 billion (78.2), with an adjusted operating margin of 12.5% (14.0). Return on capital employed in the Industrial Operations was strong at 35.8% (36.7). We also generated a strong… Continue reading Volvo Group – the fourth quarter and full year 2024

BMW iX facelift brings 426 miles of range for £92k

The BMW iX, the Munich firm’s tech-laden electric flagship, has received a major update with substantial power upgrades and an increase in efficiency that boosts its range to 426 miles. Due to reach the UK in May, with pricing starting from £74,400, the new version of the Audi Q8 E-tron and Volvo EX90 rival has received only a… Continue reading BMW iX facelift brings 426 miles of range for £92k

Support for green tech, EV ecosystem, consumer spending boost: Automakers’ Budget wishlist

Arora said, “Budget allocation on facilitating the EV ecosystem like charging infrastructure will give further lift to sustainable mobility. Allocating a budget for better and safe road infrastructure will facilitate the growth of the auto industry.” Automakers want the government to provide merit-based policies to support a full range of green technologies and alternative fuels… Continue reading Support for green tech, EV ecosystem, consumer spending boost: Automakers’ Budget wishlist

Renault bets big on full hybrids as rival firms invest in PHEVs

Renault is betting big on full-hybrid powertrains as a means of transitioning its cars and customers to pure-electric power, and has no plans to expand its PHEV offering beyond the flagship Rafale.  Company CEO Fabrice Cambolive told Autocar that the decision to focus on full-hybrids – a move that contrasts starkly with heavy recent investment… Continue reading Renault bets big on full hybrids as rival firms invest in PHEVs

Clean Technica: 25% of New Car Sales in China Were 100% Electric in 2024!003823

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Plugin vehicles in China once again ended the year with a record month, growing by 46% year over year (YoY) in the last month of the year to a record 1,379,000 units. Full electrics (BEVs) were responsible for 55%… Continue reading Clean Technica: 25% of New Car Sales in China Were 100% Electric in 2024!003823

Clean Technica: USA EV Sales In 2024 — Up 7% Over 2023, 61% Over 2022, 166% Over 2021003822

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The US electric vehicle market did grow in 2024. It increased 7% over 2023, or by nearly 89,000 units. Compared to 2022, EV sales grew by 61%, or almost 492,000 units. Compared to 2021, EV sales grew by 166%,… Continue reading Clean Technica: USA EV Sales In 2024 — Up 7% Over 2023, 61% Over 2022, 166% Over 2021003822