NEW YORK, Sept. 16, 2024 /PRNewswire/ — Report with the AI impact on market trends- The global electric commercial vehicle (ECV) market size is estimated to grow by USD 364.4 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 36.92% during the forecast period. Growing focus on reducing… Continue reading AI Driving Transformation in Electric Commercial Vehicle Market, USD 364.4 Billion Growth Expected from 2024-2028 Amid Focus on Reducing Emissions
Tag: JLR
Mystery Audi test car hints at extreme electric 4×4
Audi appears to be gearing up for the launch of a hardcore electric off-roader, with a distinctive prototype having been spotted testing at a company facility in Germany. Although based on the upcoming Q6 E-tron Sportback, it’s significantly taller and wider than the regular electric SUV. It appears to have a more aggressive front bumper… Continue reading Mystery Audi test car hints at extreme electric 4×4
JSW MG Motor India to launch luxury car brand; first car by March 2025
BENGALURU (Reuters) – JSW MG Motor India, a joint venture between SAIC Motor and JSW Group, said on Monday it will launch a luxury car brand, aiming to sell its first premium cars by the first three months of 2025. Under the brand, called ‘MG Select’, the company will launch four products over the next… Continue reading JSW MG Motor India to launch luxury car brand; first car by March 2025
Tata-JLR open to collaboration, talks keep happening, says Natarajan Chandrasekaran
In an automotive market chock-full of international brands and MNCs, Tata Motors and Mahindra & Mahindra remain as the only Indian car brands of size. However, said Tata Motors Chairman N Chandrasekaran, this unique position isn’t due to a lack of interest from potential collaborators: On the contrary, he said, the company is always engaged… Continue reading Tata-JLR open to collaboration, talks keep happening, says Natarajan Chandrasekaran
MK Stalin to lay foundation stone for Rs 9000 crore Tata-JLR EV plant in Ranipet, TN
Tamil Nadu Chief Minister M.K. Stalin is set to lay the foundation stone for a massive Rs 9,000 crore Tata Motors-Jaguar Land Rover (JLR) manufacturing plant in Ranipet district on September 28. This development marks a significant milestone in Tamil Nadu’s industrial growth and was first reported by Autocar Professional in April. The proposed plant,… Continue reading MK Stalin to lay foundation stone for Rs 9000 crore Tata-JLR EV plant in Ranipet, TN
U.K.’s Lister Coaxes 666 HP Out of Jaguar F-Type – Ward’s Auto
U.K.’s Lister Coaxes 666 HP Out of Jaguar F-Type Ward’s Auto Go to Source
Linux Foundation Decentralized Trust Launches with 17 Projects, 100+ Founding Members
Includes Complete Hyperledger Landscape, Trust Over IP Community, Hedera Codebase, and Additional Technologies and Ecosystems SAN FRANCISCO and VIENNA, Sept. 16, 2024 /PRNewswire/ — Today, to provide a neutral home for collaborative development of technologies powering the transition to a digital-first economy, the Linux Foundation formally launched Linux Foundation Decentralized Trust (LF Decentralized Trust), the… Continue reading Linux Foundation Decentralized Trust Launches with 17 Projects, 100+ Founding Members
Samvardhana Motherson to acquire 11% stake in electric tech company REE Automotive
Samvardhana Motherson, one of India’s and the world’s leading specialised automotive component manufacturers, is to acquire an 11% equity stake (on a fully diluted basis and up to 19% non-diluted basis) in REE Automotive. Samvardhana Motherson International is to invest US$15 million (Rs 125 crore) to acquire the shareholding in the Israel-based REE Automotive, which… Continue reading Samvardhana Motherson to acquire 11% stake in electric tech company REE Automotive
Samvardhana Motherson to acquire 11% stake in electric tech company REE Automotive
Samvardhana Motherson, one of India’s and the world’s leading specialised automotive component manufacturers, is to acquire an 11% equity stake (on a fully diluted basis and up to 19% non-diluted basis) in REE Automotive. Samvardhana Motherson International is to invest US$15 million (Rs 125 crore) to acquire the shareholding in the Israel-based REE Automotive, which… Continue reading Samvardhana Motherson to acquire 11% stake in electric tech company REE Automotive
SUV-MPV sales rise 15% to 1.1 million units in April-August, M&M, Toyota, Tata gain market share
The utility vehicle (UV) segment, with sustained double-digit growth, continues to act as a buffer for declining hatchback and sedan sales. At 1.10 million units, wholesales or OEM vehicle dispatches to showrooms in the April-August 2024 period were up 15% year on year (April-August 2023: 963,277 units). UV dispatches account for 63% of overall passenger… Continue reading SUV-MPV sales rise 15% to 1.1 million units in April-August, M&M, Toyota, Tata gain market share