Chery UK boss: we want to be as big as Kia in five years

Chery has bold targets for the UK as it launches two brands: Omoda in the volume segment and the more premium Jaecoo. The Chinese company has its work cut out. Chery may be a successful exporter globally, but here it has to start from scratch, despite a strong UK connection via its joint venture with… Continue reading Chery UK boss: we want to be as big as Kia in five years

Hanon Systems Develops World’s First 4th Generation Heat Pump System for Electric Vehicles

Reduced Package and Enhanced Performance: Achieved through modularization of refrigerant and coolant components Improved Driving Range: Utilizes a parallel heat source recovery method that harnesses both battery waste heat and external air heat sources Thin HVAC Technology: Increases passenger legroom by reducing HVAC system size by 30%. SEOUL, South Korea, Aug. 8, 2024 /PRNewswire/ —… Continue reading Hanon Systems Develops World’s First 4th Generation Heat Pump System for Electric Vehicles

Thailand’s supercharged EV sales poised for a new surge

Automakers lured by government policies tilt the global balance towards electric vehicles BANGKOK, Aug. 8, 2024 /PRNewswire/ — BYD and BMW are two very different auto companies. BYD is the Chinese upstart that is tussling with Tesla for the title of world’s leading manufacturer of new energy vehicles. BMW is the venerable 108-year-old German company… Continue reading Thailand’s supercharged EV sales poised for a new surge

For Indian EV-olution automobile financing needs to be increased from 2% to 18% by 2070, says CSI report

Updated On Aug 8, 2024 at 08:50 AM IST Read by: 100 Industry Professionals Read by 100 Industry Professionals The report has given a holistic coverage of challenges and solutions through which India can achieve its net zero target by 2070. New Delhi: The automobile sector is working at the forefront to achieve EV-olution, along… Continue reading For Indian EV-olution automobile financing needs to be increased from 2% to 18% by 2070, says CSI report

Clean Technica: Global EV Sales — 2nd Best Month Ever for Plugins!003538

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! EVs Now 22% of World Auto Sales Global plugin vehicle registrations were up 15% in June 2024 compared to June 2023. There were 1.5 million registrations. BEVs were up by just 4% YoY, but plugin hybrids jumped 41% YoY,… Continue reading Clean Technica: Global EV Sales — 2nd Best Month Ever for Plugins!003538

Clean Technica: The EV Revolution Has Come To Thailand, But Tesla Has Opted Out003537

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! For decades, Japanese automakers dominated the new car market in Thailand. But now Chinese electric vehicle manufacturers are stampeding into overseas markets, and Thailand is one of the first countries to experience the sudden influx of China’s automobile brands.… Continue reading Clean Technica: The EV Revolution Has Come To Thailand, But Tesla Has Opted Out003537

Tata Motors aims to be amongst the top-selling midsize SUVs with Curvv Coupe

Late to enter the fast-growing mid-size SUV segment, Tata Motors is banking on the SUV Coupe Curvv to disrupt the market, by offering an electric vehicle that comes very close to the price of a petrol automatic vehicle. Launched at an aggressive price of Rs 17.5 lakh to Rs 22 lakh (ex-showroom), Shailesh Chandra, MD… Continue reading Tata Motors aims to be amongst the top-selling midsize SUVs with Curvv Coupe

We have achieved parity with ICE cars with Curvv, EV adoption should grow: Anand Kulkarni

The country’s largest electric vehicle maker, Tata Motors on Wednesday launched its Curvv EV at Rs 17.49 lakh, almost at the same price as the Petrol Automatic SUVs from Hyundai and Kia. This should help the company accelerate the adoption of EVs amid slowing growth, it notes.  Anand Kulkarni Chief Products Officer, Head of HV… Continue reading We have achieved parity with ICE cars with Curvv, EV adoption should grow: Anand Kulkarni

Auto Parts Market size is set to grow by USD 354.9 billion from 2024-2028, Increased usage of technological advancement in the global auto parts market boost the market, Technavio

NEW YORK, Aug. 7, 2024 /PRNewswire/ — The global auto parts market size is estimated to grow by USD 354.9 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  3.2%  during the forecast period. Increased usage of technological advancement in the global auto parts market is driving market growth, with… Continue reading Auto Parts Market size is set to grow by USD 354.9 billion from 2024-2028, Increased usage of technological advancement in the global auto parts market boost the market, Technavio