SOUTHFIELD, Mich., Feb. 26, 2025 /PRNewswire/ — S&P Global Mobility today unveiled the winners of its 2024 Automotive Loyalty Awards, recognizing outstanding performance in customer loyalty across various segments of the automotive industry. General Motors was recognized as the winner of its ‘Overall Loyalty to Manufacturer’ award while Tesla was awarded the ‘Overall Loyalty to… Continue reading S&P Global Mobility Recognizes the 29th Annual Automotive Loyalty Awards Winners; General Motors, Tesla and Lincoln Corsair Lead the Industry in Retention in 2024
Tag: Tata
Vidyut Raises $2.5 Million to Expand EV Battery Subscription Services
Electric vehicle ecosystem platform Vidyut has secured $2.5 million in funding from global fintech investor Flourish Ventures, the company announced Wednesday. The investment will support Vidyut’s expansion of its Battery-as-a-Service (BaaS) model across both passenger and commercial electric vehicle segments in India. Founded in 2021 by former Swiggy and Bounce executives Xitij Kothi and Gaurav… Continue reading Vidyut Raises $2.5 Million to Expand EV Battery Subscription Services
US tariffs: Tata Steel pitches for safeguard duties on imports
The US tariff has an indirect impact on the steel industry in India. Tata Steel‘s managing director TV Narendran on Tuesday pitched for safeguard duties on steel imports to protect the domestic steel industry from the indirect impact of US tariff hikes. He said many countries have initiated similar actions on steel imports, pointing out… Continue reading US tariffs: Tata Steel pitches for safeguard duties on imports
Trailblazing Tesla Model S and Model X finally axed in the UK
The Tesla Model S and Model X – two of the world’s most influential electric cars – are being pulled from the UK, with the company’s current stock set to be the last examples that’ll come to our shores. The Model S was launched here 11 years ago in 2014. It not only established Tesla… Continue reading Trailblazing Tesla Model S and Model X finally axed in the UK
Mercedes GLE getting second facelift already, including refreshed look for hot AMG version
The Mercedes GLE received an extensive series of updates just two years ago, however someone in the brand’s styling department clearly thinks the premium mid-size SUV’s look is already showing its age, because it’s getting another nip and tuck this year. The last time the GLE was updated, Mercedes added a new range of mild-hybrid… Continue reading Mercedes GLE getting second facelift already, including refreshed look for hot AMG version
Automatics now make up a third of the UK total car parc
Analysis of transmission data by Solera cap hpi shows that automatics now make up almost a third of the UK’s total car parc, with numbers increasing 118% in a decade. Between 2014 and 2024, the volume of automatic cars increased by 13% from 16.3% of the parc to 29.3% by the end of last year. In… Continue reading Automatics now make up a third of the UK total car parc
Who is Forseven? New UK start-up made up of top industry talent
A little-known British EV start-up has been quietly recruiting some of the industry’s best-known executives as it gears up to launch an assault on the global luxury car market. Named Forseven, the three-year-old firm is backed by cash-rich CYVN Holdings, an investment group majority-owned by the Abu Dhabi government. The group also owns Gordon Murray… Continue reading Who is Forseven? New UK start-up made up of top industry talent
Telangana’s used car market sees 50% surge in inspections and rising demand for luxury vehicles: Spinny
This replaces previously favored models like the Elite i20. The demand for automatic transmissions has increased from 19% in 2022 to 25% in 2024. Spinny, a used car platform, reported a significant increase in used car sales in Telangana in 2024, driven by changing consumer behavior and increased trust in online transactions. Women are a… Continue reading Telangana’s used car market sees 50% surge in inspections and rising demand for luxury vehicles: Spinny
Euler Motors joins hands with Tata Power Renewables for fast-charging infra
Tata Power Renewables has agreed to modify chargers, if needed, to accommodate the higher capacity delivered by Euler Motors’ vehicles, the company said in a media release. Euler Motors and Tata Power Renewables have partnered to expand fast-charging infrastructure for commercial electric vehicles (EVs). This agreement aims to address charging accessibility concerns for commercial EV… Continue reading Euler Motors joins hands with Tata Power Renewables for fast-charging infra
Global brokerages give thumbs up to India’s evolving EV policy
The policy shift is also expected to expand India’s charging infrastructure, benefiting key suppliers. Global brokerages and financial services majors have hailed India’s evolving electric vehicle (EV) policy which would help companies like Tesla to enter the country in a seamless way. According to Nomura, India’s EV policy will fast-track electric vehicle adoption, making it… Continue reading Global brokerages give thumbs up to India’s evolving EV policy