India’s luxury EV market is on track to grow at a fast clip, with an increasing disposable income among HNIs, leading to a perceptible shift in lifestyles and preferences. Total revenue from luxury EV sales is expected to climb from US $100 million in FY23, (Rs 830 crores) to US $ 400 million (Rs 3220… Continue reading Luxury EV market to quadruple by FY24, says Audi India’s Balbir Singh Dhillon
Tag: Geely
@Geely: Fri 18 Aug 2023Lotus unveils Type 66 at ‘The Quail, A Motorsports Gathering’ 1 | 10 | 0 Lotus has brought history back to life with t…
Lotus has brought history back to life with the world premiere of the Type 66 – and confirmed the stunning track-only car will go into production. This unique project was unveiled at ‘The Quail, A Motorsport Gathering’ as part of Monterey Car Week in California, USA. Truly exotic in its design execution, the Type 66… Continue reading @Geely: Fri 18 Aug 2023Lotus unveils Type 66 at ‘The Quail, A Motorsports Gathering’ 1 | 10 | 0 Lotus has brought history back to life with t…
Europa Wire: Volvo Group Australia Bolsters Executive Team to Foster Government and Industry Partnerships000722
(IN BRIEF) Volvo Group Australia has made significant appointments to its Executive Leadership Team to strengthen relationships with government and industry stakeholders. Lauren Pulitano, a seasoned professional with 15 years at Volvo Group, becomes the Vice President of Public Affairs, highlighting the company’s commitment to engaging major partners. Cameron Bettany, experienced in government projects and… Continue reading Europa Wire: Volvo Group Australia Bolsters Executive Team to Foster Government and Industry Partnerships000722
China’s EV makers face cost and consumer challenges to conquer Europe
Western automakers are rattled, with Carlos Tavares, the CEO of Peugeot-to-Fiat carmaker Stellantis, warning last month of an “invasion” of cheap Chinese EVs in Europe. China’s electric vehicle (EV) makers, which have raced past foreign rivals to top sales rankings at home, are arriving in Europe – and facing a new set of challenges. Stereotypes… Continue reading China’s EV makers face cost and consumer challenges to conquer Europe
Top 10 EV makers Q2 2023: Tesla first, BYD second, but third may surprise you
As automakers battle for market share in the new electric era, a few stand out among the crowd. Namely, Tesla maintained its status as the world’s largest EV maker in Q2, with BYD closing the gap. Meanwhile, the third largest EV maker may surprise you. See who else made the list below. Tesla, BYD battle… Continue reading Top 10 EV makers Q2 2023: Tesla first, BYD second, but third may surprise you
Volvo to be first company in China to import remanufactured engine
The remanufactured engine to be imported by Volvo Construction Equipment (China). [Photo provided to chinadaily.com.cn] The remanufactured engine to be imported by Volvo Construction Equipment (China) will arrive in the country in late September, Chen Chaoping, the company’s head of uptime and parts said in a media interview on Thursday. The company will be the… Continue reading Volvo to be first company in China to import remanufactured engine
Geely, Baidu unveil new car brand Ji Yue
The photo shows a model of Ji Yue, a new brand unveiled by Geely Holding Group and Baidu. [Photo/Xinhua] Volvo-owner Geely Holding Group and China’s internet giant Baidu unveiled a new brand on Monday, calling it a significant milestone in their strategic partnership. The brand, called Ji Yue, is positioned as a “premium intelligent technology brand”, said… Continue reading Geely, Baidu unveil new car brand Ji Yue
@Geely: Thu 17 Aug 2023 Jenson Button to debut his Lotus Evija hypercar at ‘The Quail, A Motorsports Gathering’ 1 | 5 | 0 F1 World Champion Je…
F1 World Champion Jenson Button to show his pure electric Lotus Evija hypercar at ‘The Quail, A Motorsports Gathering’ on Friday 18 August Striking design and unique colour scheme pay tribute to racer’s 2009 Championship-winning Brawn GP car Lotus Evija power output is 2,039 PS – more than originally announced, confirming it as the most… Continue reading @Geely: Thu 17 Aug 2023 Jenson Button to debut his Lotus Evija hypercar at ‘The Quail, A Motorsports Gathering’ 1 | 5 | 0 F1 World Champion Je…
@Geely: Thu 17 Aug 2023Ben Payne appointed Vice-President of Design Lotus Group 1 | 1 | 0 Lotus today has announced the appointment of Ben Pa…
London, UK – 17 August 2023 Lotus today has announced the appointment of Ben Payne as Vice-President of Design at Lotus Group. Ben most recently led the team responsible for the design development of the Eletre hyper-SUV, the company’s first vehicle beyond traditional sports cars, marking a key milestone for the business on its journey to… Continue reading @Geely: Thu 17 Aug 2023Ben Payne appointed Vice-President of Design Lotus Group 1 | 1 | 0 Lotus today has announced the appointment of Ben Pa…
Car sales in July 2023
New car registrations in July: Back to normal In July, 7,525 new passenger cars were registered, 278 more (+ 3.8%) than in July 2022. So far this year, 74,072 new passenger cars have been registered, 1,671 fewer (- 2.2%) than in the first half of 2022 Among the new passenger cars, zero-emission cars had an… Continue reading Car sales in July 2023