Group Landmark-owned Volkswagen dealerships in Gujarat has etched its name in the Asia Book of Records (ABR) and India Book of Records (IBR) for ‘maximum single model Volkswagen vehicles sold by a dealer in a single day’. Landmark Group in a statement noted that deliveries of the new Volkswagen Virtus across India commenced last month.… Continue reading Group Landmark’s VW dealerships enter records books
Tag: Renault
Electric Trucks Market is anticipated to reach a CAGR of 26.6% by 2029, Share, Size, Price, Growth, Demand, Statistics and Segmentation Analysis
BERLIN, July 26, 2022 /PRNewswire/ — Data Bridge Market Research in its report titled of Global Electric Trucks Market offers comprehensive insights and detailed research on this market. The report covers the key factors that are propelling the growth of the Electric Trucks market, untapped lucrative opportunities for manufacturers, latest trends and latest developments that are shaping… Continue reading Electric Trucks Market is anticipated to reach a CAGR of 26.6% by 2029, Share, Size, Price, Growth, Demand, Statistics and Segmentation Analysis
Artificial Intelligence in Aviation Market Growing to Exhibit a Remarkable CAGR of 46.3%% By 2029 with Key Drivers, Size, Share, Growth and Opportunity Outlook
NEW YORK, July 26, 2022 /PRNewswire/ — A Qualitative Research Study accomplished by Data Bridge Market research’s database of 350 pages, titled as “Global Artificial Intelligence in Aviation Market” with market data Tables, Pie Charts, Graphs and Figures spread through Pages and easy to understand detailed analysis. Artificial Intelligence in Aviation is the most promising market research… Continue reading Artificial Intelligence in Aviation Market Growing to Exhibit a Remarkable CAGR of 46.3%% By 2029 with Key Drivers, Size, Share, Growth and Opportunity Outlook
Volvo XC 40 Recharge joins the Metaverse bandwagon
Even as the Volvo XC 40 Recharge breaks cover today, it will be the first for an automaker to debut the vehicle exclusively on Metaverse which is gaining popularity as the destination for new vehicle launches. Recently, Maruti Suzuki, MG Motors, Mahindra, and even public sector undertaking, Union Bank of India have set up virtual customer experience… Continue reading Volvo XC 40 Recharge joins the Metaverse bandwagon
Maturing Indian car and bike market recalls 4.97 million vehicles since 2012
FY2022 saw 13,31,868 vehicles comprising 890,873 two-wheelers and 440,995 PVs voluntarily recalled by OEMs. These 1.33 million units account for 26% of the 4.97 million units recalled till now. In what is an indication of a maturing automobile market, FY2022 saw over 1.3 million vehicles – 13,31,868 units comprising 890,873 two-wheelers and 440,995 passenger vehicles… Continue reading Maturing Indian car and bike market recalls 4.97 million vehicles since 2012
GM secures $2.5 billion government loan to build EV battery factories
The Energy Department’s Advanced Technology Vehicles Manufacturing Program (ATVMP) hasn’t offered a loan to an electric car maker since 2010, but it’s ready to offer money once again. As Reuters reports, the Energy Department is providing a $2.5 billion loan to the GM and LG joint venture Ultium Cells for the sake of constructing EV… Continue reading GM secures $2.5 billion government loan to build EV battery factories
GM joint venture to receive $2.5B government loan for US battery plants
The U.S. Department of Energy is reviving an old loan program and its first recipient is the joint battery venture between General Motors and LG Energy Solution. The $2.5 billion loan issued to GM and LG Energy will be used to help finance the construction of new lithium-ion battery cell manufacturing facilities. Reuters was first… Continue reading GM joint venture to receive $2.5B government loan for US battery plants
GM joint venture gets $2.5 billion government loan to help build EV battery cell plants
General Motors’ joint venture with LG Energy Solution is on track to receive a multibillion-dollar loan from the U.S. government to build battery cell plants for electric vehicles, including one going up in Lansing. On Monday, the Department of Energy announced “a conditional commitment” for $2.5 billion to GM and LG’s 50-50 joint venture called Ultium Cells LLC. “While this conditional… Continue reading GM joint venture gets $2.5 billion government loan to help build EV battery cell plants
Average electric car price hit $66,000 in the US, but that’s not the whole story
The average electric car price in the United States hit $66,000 last month – a more than 13% increase year over year. That’s a bit disappointing since the promise has been that EV prices would come down, but this price increase isn’t the whole story. One of the biggest complaints about electric vehicles remains their… Continue reading Average electric car price hit $66,000 in the US, but that’s not the whole story
To preserve jobs, UAW head says battery plants must be union
Southfield — If the United Auto Workers union can’t organize workers at new electric-vehicle battery factories that will supply Detroit’s three automakers, the union’s future would be in serious doubt. Ray Curry, president of the 372,000-member UAW, says union representation at the battery plants is critical, given that the major automakers are staking their futures… Continue reading To preserve jobs, UAW head says battery plants must be union