Automajor Tata Motors on Tuesday announced that it has joined hands with IndusInd Bank to offer an exclusive Electric Vehicle Dealer Financing solution to its authorised passenger EV dealers. Under the scheme, IndusInd Bank will provide additional inventory funding with attractive pricing to authorised passenger EV dealers of Tata Motors. This additional inventory funding would… Continue reading Tata Motors partners with IndusInd Bank for EV dealer financing
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Zeelo wins Connect22 award for a technology company’s achievement of CO2 reductions while maintaining growth
LONDON, Nov. 28, 2022 /PRNewswire/ — Zeelo, the smart bus platform for organisations delivering 100% carbon neutral commutes for frontline workers and students across the developed markets, has been awarded the coveted Pantokrator Connect22 Award as a technology company to watch. The award recognises Zeelo’s achievement of early milestones to reach Net-Zero emissions from its… Continue reading Zeelo wins Connect22 award for a technology company’s achievement of CO2 reductions while maintaining growth
EV SPAC Faraday Future ousts its CEO
Faraday Future, the troubled EV startup-turned-publicly-traded company has shuffled its executive ranks once again. The board fired its CEO Carsten Breitfeld, according to a regulatory filing posted Monday after the markets closed. Brietfeld, who was the former co-founder of failed EV startup Byton, took the leadership role at Faraday Future in September 2019. The board… Continue reading EV SPAC Faraday Future ousts its CEO
Jaguar Land Rover cuts UK production until spring 2023
Jaguar Land Rover (JLR) will reduce production of high-volume models to divert chip supplies to its most profitable cars, reports have claimed. The company plans to cut back to one shift at its Halewood plant and part of its Solihull factory between January and March 2023, according to The Guardian. This enables the company to prioritise production… Continue reading Jaguar Land Rover cuts UK production until spring 2023
Ferrari’s 1338bhp VGT concept previews future sports car design
Ferrari has previewed how its next-generation road cars could look with the release of a futuristically designed 1338bhp single-seat racing concept created exclusively for the virtual gaming world. Designed at Ferrari’s Maranello base, the aerodynamically moulded Vision Gran Turismo represent a “futuristic design manifesto” for the brand’s next-generation road and race cars. Featured exclusively –… Continue reading Ferrari’s 1338bhp VGT concept previews future sports car design
Drive By Wire Market worth $27.9 billion by 2027 – Exclusive Report by MarketsandMarkets™
CHICAGO, Nov. 28, 2022 /PRNewswire/ — Drive by Wire Market is estimated to grow from USD 20.6 billion in 2022 to reach USD 27.9 billion by 2027 at a CAGR of 6.2% during the forecast period, according to a new report by MarketsandMarkets™. Browse and in-depth TOC on “Drive by Wire Market” 100 – Tables 60 – Figures … Continue reading Drive By Wire Market worth $27.9 billion by 2027 – Exclusive Report by MarketsandMarkets™
Drive By Wire Market worth $27.9 billion by 2027 – Exclusive Report by MarketsandMarkets™
CHICAGO, Nov. 28, 2022 /PRNewswire/ — Drive by Wire Market is estimated to grow from USD 20.6 billion in 2022 to reach USD 27.9 billion by 2027 at a CAGR of 6.2% during the forecast period, according to a new report by MarketsandMarkets™. Browse and in-depth TOC on “Drive by Wire Market” 100 – Tables 60 – Figures … Continue reading Drive By Wire Market worth $27.9 billion by 2027 – Exclusive Report by MarketsandMarkets™
Drive By Wire Market worth $27.9 billion by 2027 – Exclusive Report by MarketsandMarkets™
CHICAGO, Nov. 28, 2022 /PRNewswire/ — Drive by Wire Market is estimated to grow from USD 20.6 billion in 2022 to reach USD 27.9 billion by 2027 at a CAGR of 6.2% during the forecast period, according to a new report by MarketsandMarkets™. Browse and in-depth TOC on “Drive by Wire Market” 100 – Tables 60 – Figures … Continue reading Drive By Wire Market worth $27.9 billion by 2027 – Exclusive Report by MarketsandMarkets™
Car sales in India set to hit record 3.8 million units in 2022
Led by the strong demand for mobility across the country and much-improved supplies of semiconductors, the Indian passenger vehicle (PV) market has scaled a new peak in the first 11 months of 2022. Cumulative sales between January and November 2022 are estimated to have crossed 3.55 million units, surpassing the previous annual peak of 3.38… Continue reading Car sales in India set to hit record 3.8 million units in 2022
Ferrari’s Vision hybrid race car arrives in ‘Gran Turismo 7’ on December 23rd
Since 2013, Gran Turismo’s Vision project has seen some of the world’s largest automakers, including Jaguar and Mercedes-Benz, imagine what their cars could look like without real-world constraints. Over the weekend, GT series developer Polyphony Digital announced the latest addition to the Vision stable, an entry from Ferrari, would arrive in Gran Turismo 7 on… Continue reading Ferrari’s Vision hybrid race car arrives in ‘Gran Turismo 7’ on December 23rd