The concept of car ownership in India has evolved in the recent years. In addition to purchasing or financing cars, customers now have the option to subscribe or lease, especially with more automakers entering the space. However, adoption of these newer ways of ownership has been slow. Industry experts believe that bringing the costs down… Continue reading Shorter insurance periods could be a fillip to car subscription, leasing
Tag: Mobility
@Ford: Mustang Mach-E is Delivered to First Customers in China
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Mustang Mach-E is Delivered to First Customers in China
German Handelsblatt: Electric cars: Daimler significantly cuts shares in China flop Denza003578
Ola Källenius The Swede is consistently focusing Mercedes-Benz on its core again. (Photo: dpa) Munich More than a decade ago, Daimler and BYD started an ambitious project under the Denza brand. The noble goal of the two groups was to become the “most successful manufacturer of vehicles with alternative drives in China”. But at Denza,… Continue reading German Handelsblatt: Electric cars: Daimler significantly cuts shares in China flop Denza003578
Newsmaker of 2021: N Chandrasekaran
The Tata Group is literally firing on all cylinders. Chairman N Chandra’s ‘One Tata Strategy’ played a crucial role in bringing about group synergies. Earlier this year, Tata Motors became the toast of the town with the billion-dollar (Rs 7,500 crore) fund infusion by TPG Rise Climate. A rather early mover in the EV segment,… Continue reading Newsmaker of 2021: N Chandrasekaran
Newsmaker of 2021: Bhavish Aggarwal
From the mega factory in Tamil Nadu to the claimed crores worth of orders, Ola Electric’s boss has to walk the big talk. Love him or hate him, you simply cannot ignore him. From the first sighting of Ola Electric’s scooter in January through to the official reveal in March and its ‘Future Factory’, located… Continue reading Newsmaker of 2021: Bhavish Aggarwal
Newsmaker of 2021: Gurpratap Boparai
The MD of Skoda Auto Volkswagen India decided to resign at a critical juncture of India 2.0 When Gurpratap Boparai featured in a recent cover of Autocar Professional, nobody would have imagined that the Managing Director of Skoda Volkswagen Auto India would soon be calling it a day. The news of his resignation came as… Continue reading Newsmaker of 2021: Gurpratap Boparai
Newsmaker of 2021: Pratap Bose
Trading places from Tata Motors, where he was for 14 years, to Mahindra & Mahindra, Pratap Bose challenged his comfort zone and in the process hit the headlines. In the world of automobiles, style maketh the model and contributes to its success in the market, which means design is clearly one of the USPs. So… Continue reading Newsmaker of 2021: Pratap Bose
Newsmaker of 2021: Vipin Sondhi
Vipin Sondhi’s decision to resign as MD and CEO of Ashok Leyland came as a complete surprise within industry circles. To the outside world, there was really no compelling reason for him to step down. It was barely two years since Sondhi took charge at Leyland and comparisons to his predecessor, Vinod Dasari, were only… Continue reading Newsmaker of 2021: Vipin Sondhi
NEVs to take over 30% share of China auto market in 2025
Employees work on an electric vehicle assembly line in Liuzhou, Guangxi Zhuang autonomous region, in August. [Photo/Xinhua] SHANGHAI — New energy vehicles (NEVs) are expected to grab over 30 percent share of China’s auto market in 2025, according to the electric vehicle industry think tank China EV100. NEV sales in the world’s largest auto market… Continue reading NEVs to take over 30% share of China auto market in 2025
Haomo’s system to power 1 million vehicles in three years
Haomo CEO Gu Weihao explains the startup’s strategy on Dec 23, 2021. [Photo provided to chinadaily.com.cn] Chinese autonomous driving startup Haomo.AI said on Thursday its driving-assist system will be installed in over 1 million passenger vehicles in three years. Now five passenger models feature Haomo’s Level 2 autonomous driving system, with their combined sales reaching… Continue reading Haomo’s system to power 1 million vehicles in three years