Luxury car and SUV sales in India rise 20.5% to over 45,000 units in FY2024

A global trend that has also found resonance in India over the past three years is the soaring demand for luxury as well as super-luxury cars and SUVs. This niche segment has hit a new high in FY2024. As per JATO Dynamics India, cumulative sales of seven luxury carmakers in FY2024 were 45,311 units, up… Continue reading Luxury car and SUV sales in India rise 20.5% to over 45,000 units in FY2024

Urban Science EV sales microstudy unveils U.S. electrification trends and state-level BEV market share leaders

DETROIT, May 7, 2024 /PRNewswire/ — Urban Science, a leading global automotive consultancy and technology firm, today released a proprietary electric vehicle (EV) sales microstudy rooted in the firm’s unrivaled industry sales data, which is updated daily, delivering a science-driven overview of the EV sales landscape in the U.S. The microstudy includes detailed 2024 sales… Continue reading Urban Science EV sales microstudy unveils U.S. electrification trends and state-level BEV market share leaders

Cleantechnica: Cadillac, Audi, & BMW Now Leading in Share of US Sales Being 100% Electric 003409

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Overall, the pure electric vehicle (EV, or BEV) share of US auto sales was 6.9% in the first quarter of 2024. EV sales increased slightly compared to the first quarter of 2023, but overall auto sales increased more, so… Continue reading Cleantechnica: Cadillac, Audi, & BMW Now Leading in Share of US Sales Being 100% Electric 003409

NEW ENGLAND PATRIOTS QUARTERBACK DRAKE MAYE NAMED HONORARY CHAIR OF 25TH ANNIVERSARY BEST BUDDIES CHALLENGE: HYANNIS PORT PRESENTED BY JERSEY MIKE’S SUBS, SHAW’S AND STAR MARKET FOUNDATION AND THE TJX COMPANIES, INC.

BOSTON, May 6, 2024 /PRNewswire/ — Best Buddies International, a nonprofit dedicated to creating opportunities for one-to-one friendships, integrated employment, leadership development, inclusive living, and family support for people with intellectual and developmental disabilities (IDD), is pleased to announce that the third overall pick in the 2024 NFL Draft and New England Patriots Quarterback Drake Maye will… Continue reading NEW ENGLAND PATRIOTS QUARTERBACK DRAKE MAYE NAMED HONORARY CHAIR OF 25TH ANNIVERSARY BEST BUDDIES CHALLENGE: HYANNIS PORT PRESENTED BY JERSEY MIKE’S SUBS, SHAW’S AND STAR MARKET FOUNDATION AND THE TJX COMPANIES, INC.

German car manufacturer visits HoneyNaps, a South Korean sleep tech company, to develop new automotive healthcare applications

Monitoring biosignals for both drivers and passengers – Analyzing and diagnosing with FDA-approved algorithm SEOUL, South Korea, May 6, 2024 /PRNewswire/ — Amid the rapid advancement in automobile healthcare and digital healthcare markets, global car manufacturers are racing to adopt cutting edge healthcare technologies for in-vehicle driver health monitoring. According to global market research firm… Continue reading German car manufacturer visits HoneyNaps, a South Korean sleep tech company, to develop new automotive healthcare applications

Polestar CEO Thomas Ingenlath on life after Volvo and weathering the EV slowdown

Polestar, now a more independent brand distinct from Volvo, is gearing up to deliver its most affordable cars yet. Share this story Photo illustration by The Verge / Photo: Polestar Today, I’m talking with Polestar CEO Thomas Ingenlath, who was first interviewed on the show back in 2021. Those were heady days — especially for… Continue reading Polestar CEO Thomas Ingenlath on life after Volvo and weathering the EV slowdown

Winter testing: Pushing a Volvo EX30 to the limit in Swedish Lapland

Watching Niclas Lindberg, an ice-driving specialist, fluently testing adhesion in a Volvo EX30 is enough to mesmerise even an advanced motorist, let alone this humble writer on his first trip to Lulea, about 750 miles north of Gothenburg in Swedish Lapland. This is where Volvo has been testing, close to the Arctic Circle, since the… Continue reading Winter testing: Pushing a Volvo EX30 to the limit in Swedish Lapland

China’s Zeekr seeks over $5b valuation in US IPO

Electric vehicle maker Zeekr Intelligent Technology Holding said on Friday it was targeting a valuation of up to $5.13 billion in its US initial public offering (IPO), the first major floatation of a China-based company in more than two years. Zeekr is looking to raise up to $367.5 million by selling 17.5 million American depositary shares (ADSs) priced between $18 and $21 each. The IPO will test investors’… Continue reading China’s Zeekr seeks over $5b valuation in US IPO

Luminar cuts 20% of staff and outsources lidar production

Lidar company Luminar is slashing its workforce by 20% and will lean harder on its contract manufacturing partner as part of a restructuring that will shift the company to a more “asset-light” business model, as it aims to scale production. The cuts will affect around 140 employees, and are starting immediately. Luminar is also cutting… Continue reading Luminar cuts 20% of staff and outsources lidar production