Here’s the robotaxi that will be available on the Lyft app in 2023

Motional, the autonomous vehicle company that is a joint venture between Hyundai and Aptiv, revealed more details about its forthcoming robotaxi as well as some of the first images of the vehicle. The company is also working with Lyft and says that by 2023, customers in certain cities will be able to hail rides in… Continue reading Here’s the robotaxi that will be available on the Lyft app in 2023

Mahle sales up 32% in H1 2021 but rising input costs prices, chip woes could impact H2   

Automotive component supplier Mahle has reported a significant boosted in sales and earnings. From January to June 2021, consolidated sales grew by 32 percent to about 5.7 billion euros, growing faster than the global automobile market. The highest growth rates were recorded in the Electronics and Mechatronics business area. Increased sales, productivity along with numerous… Continue reading Mahle sales up 32% in H1 2021 but rising input costs prices, chip woes could impact H2   

Tata Tigor EV launched with aggressive Rs 11.99 lakh pricing

Synchronising the official launch and pricing of its Tigor EV with the announcement of a strong 4-star Global NCAP crash test rating, Tata Motors today launched the electric sedan at a starting price of Rs 11.99 lakh. With this, the Tigor EV becomes the most affordable electric sedan in India. Available in three variants –… Continue reading Tata Tigor EV launched with aggressive Rs 11.99 lakh pricing

Ideanomics to acquire electric CV maker, VIA Motors in all stock deal

Nasdaq listed commercial electric vehicles and associated energy consumption play, Ideanomics entered an agreement to acquire 100 percent stake in US-based electric commercial vehicle maker, VIA Motors International in an all-stock deal.  The transaction valued upto $630 million is subject to regulatory and shareholder approval. The agreement values VIA at $450 million. VIA shareholders will receive… Continue reading Ideanomics to acquire electric CV maker, VIA Motors in all stock deal

Napino Group partners Enedym for cost-slashing magnet-less e-motors

The Gurgaon-based Napino Group has partnered Canada’s Enedym to manufacture complete motor solutions for the electric two-wheelersegment in India, which is poised to become a US$ 9 billion (Rs 66,609 crore) market by 2027. Under the agreement, Napino will license Enedym’s patented Switched Reluctance Motor (SRM) technology, which will be supplied for electric two-wheelers –… Continue reading Napino Group partners Enedym for cost-slashing magnet-less e-motors

Schaeffler Group sells Clausthal-Zellerfeld site to ift-whitecell engineering gmbh

2021-08-31 | Herzogenaurach new owner plans to continue operations at the site with all employees Further growth potential with new owner Planned sale congruent with Schaeffler’s portfolio strategy Global automotive and industrial supplier Schaeffler has signed a contract to sell the Clausthal-Zellerfeld site to ift-whitecell engineering gmbh, a subsidiary of Whitecell Power AG. The transaction… Continue reading Schaeffler Group sells Clausthal-Zellerfeld site to ift-whitecell engineering gmbh

@Geely: Tue 31 Aug 2021Lotus Technology global HQ established in China as future Lotus EV product plan unveiledLotus Technology has officially launched its gl…

Global ‘intelligent technology’ subsidiary of Group Lotus launched Will accelerate innovation and oversee manufacture of exciting new Lotus lifestyle models for global markets Four new electric models from Lotus in next five years – including all-new electric sports car in 2026 Lotus SUV – the Type 132 – will be first, launching in 2022 All-new… Continue reading @Geely: Tue 31 Aug 2021Lotus Technology global HQ established in China as future Lotus EV product plan unveiledLotus Technology has officially launched its gl…