Tag: Electric vehicles

NIO Introduces Premium EV ES7 in China as its Fastest SUV

NIO Inc. NIO recently launched its much-awaited ES7 SUV, along with other product upgrades and existing model updates. The newest SUV, available for pre-order in China on the company’s app, will be equipped with NIO’s latest electric vehicle (EV) technology. Deliveries are expected to begin on Aug 28. In January 2021, the automaker introduced its… Continue reading NIO Introduces Premium EV ES7 in China as its Fastest SUV

Goldman Sachs: ‘We now see recession risk as higher and more front-loaded’

Goldman Sachs strategists are starting to change their tune on the potential for a U.S. recession. “We now see recession risk as higher and more front-loaded,” Goldman Sachs Chief Economist Jan Hatzius wrote in a new note to clients. “The main reasons are that our baseline growth path is now lower and that we are… Continue reading Goldman Sachs: ‘We now see recession risk as higher and more front-loaded’

Desi Tesla? Global meltdown makes Indian EV stock trade close to Tesla’s valuation

New Delhi: The ongoing meltdown in global stocks, particularly in high-flying tech stocks, has managed to bring the valuations of Tesla closer to Indian midcap EV stock Sona BLW Precision Forgings, also known as Sona Comstar. With US stocks entering a bear market because of soaring inflation and higher interest rates that threaten to trigger… Continue reading Desi Tesla? Global meltdown makes Indian EV stock trade close to Tesla’s valuation

The 2023 Ineos Grenadier puts the off-roading experience first – Toronto Star

For those looking for an off-road driving experience that goes back to the roots, the Ineos Grenadier is a fresh take on the genre – even if it doesn’t necessarily look it. Before we go any further regarding the Ineos’ take on the Land Rover Defender, it’s worth noting that Ineos automotive executive vice-president of… Continue reading The 2023 Ineos Grenadier puts the off-roading experience first – Toronto Star

Elon Musk moves Tesla layoff target from 10% to 3% of employees

Elon Musk has now moved the target for the new wave of layoffs at Tesla from 10% reduction of the workforce to 3% of employees. Earlier this month, we reported on Musk telling Tesla executives in an email that they need to cut 10% of the workforce and pause hiring due to having a “super-bad feeling” about… Continue reading Elon Musk moves Tesla layoff target from 10% to 3% of employees

Bharat Forge consolidates EV business

Bharat Forge has decided to consolidate its electric vehicle (EV) business initiatives under Kalyani Powertrain Limited (KPL), a wholly-owned subsidiary of the company. The company’s Investment Committee – Strategic Business’ of the company – approved the transfer of Bharat Forge’s stake in Refu Drive GmbH, a JV company, to KPL subject to necessary approvals from… Continue reading Bharat Forge consolidates EV business

Musk hints Tesla could bring back ‘Enhanced Autopilot’ worldwide

San Francisco: Elon Musk has hinted that Tesla may bring back “Enhanced Autopilot” for those interested in a more immersive semi-autonomous driving experience than Basic Autopilot, but are unwilling to pay $12,000 for the company’s more advanced Full Self-Driving (FSD) suite. In early 2019, Tesla removed Enhanced Autopilot as it transitioned all vehicles to receive… Continue reading Musk hints Tesla could bring back ‘Enhanced Autopilot’ worldwide

Valeo, Atul and Honda join hands to accelerate three wheelers electrification in India

Innovation / Products & Technology | 21 Jun, 2022 | 1 min #Electrification Valeo, Atul Greentech Private Limited the electric three-wheeler manufacturer and Honda Powerpack Energy Private Limited the swappable battery service provider, have signed a Memorandum of Understanding (MoU), through which Valeo will provide the electric powertrains and powertrain control unit for Atul’s electric… Continue reading Valeo, Atul and Honda join hands to accelerate three wheelers electrification in India