Pratap Bose joins Mahindra &Mahindra, likely to head New Global Design Centre

Bose is known to have driven the new design language in Tata Motors’, refreshed passenger car portfolio, which includes models like the Nexon compact sport utility vehicle, Altroz premium hatchback and Harrier SUV. Tata cars have become more aspirational for the young buyers, experts say. Automobile designer Pratap Bose is set to join the Mahindra… Continue reading Pratap Bose joins Mahindra &Mahindra, likely to head New Global Design Centre

India’s own proxy for Tesla disappoints in first step; brokerages rush to degrade it

For many investors, unable to invest in stocks like Tesla to capitalise on an industry of the future, Tata Chemicals became a natural proxy. MUMBAI: In the first four months of 2021, shares of Tata Chemicals soared nearly 70 per cent driven by the expectations that the company will soon set up a lithium-ion battery… Continue reading India’s own proxy for Tesla disappoints in first step; brokerages rush to degrade it

Lucid Motors taps Waymo, Intel veterans ahead of public listing

Lucid Motors is beefing up its executive and technical leadership team, hiring people from Waymo, Intel and Xperi as it prepares to become a publicly listed company. The automaker said Wednesday that Sherry House, who formerly worked at Waymo, will be its new chief financial officer. House was at Waymo for four years, most recently… Continue reading Lucid Motors taps Waymo, Intel veterans ahead of public listing

India: Ola Electric ropes in Wayne Burgess as head of vehicle design

The announcement comes just days after the company revealed plans to take its electric scooter to international markets, including countries such as France, Italy and Germany, during the current financial year. With experience in vehicle design spanning across three decades, Burgess has worked with premium car manufacturers, including Rolls Royce, and Bentley in his early… Continue reading India: Ola Electric ropes in Wayne Burgess as head of vehicle design

Jaguar Land Rover shuts two factories due to semiconductor shortage

Jaguar Land Rover (JLR) is temporarily closing two of its UK plants due to a global shortage of semiconductors. The manufacturer’s factories in Castle Bromwich and Halewood will begin “operating a limited period of non-production” from 26 April, while operations will continue at the JLR Solihull plant. In a statement, JLR said: “Like other automotive… Continue reading Jaguar Land Rover shuts two factories due to semiconductor shortage

Inside the industry: These premium brands are in trouble

Electrification, connectivity, autonomy, fast-moving start-up companies, a global pandemic, Brexit, semiconductor shortages, changing consumer habits, new retail models, a Suez Canal blockage… The list of short- and long-term challenges facing the car industry today is extensive, occasionally bordering on farcical and for some potentially ruinous. Who is in trouble? Here are five that we rate… Continue reading Inside the industry: These premium brands are in trouble

German Manager Magazin: Saudi Arabia is considering its own electric car production with Lucid Motors – Oil state is looking for a way to an emission-free future000782

Large oil reserves, but little manufacturing industry: Saudi Arabia’s economic structure has been suffering from this for a long time. No wonder that the controversial Crown Prince of the country, Mohammed bin Salman (35), is pushing for the country to be more open to foreign investors. It has been an open secret for a good… Continue reading German Manager Magazin: Saudi Arabia is considering its own electric car production with Lucid Motors – Oil state is looking for a way to an emission-free future000782