Mahindra to make an additional investment of over Rs. 500 crore for Electric Vehicles and Electric Vehicle Components in Chakan as part of expansion efforts To boost investment and employment at Chakan, Maharashtra Mumbai, February 19, 2018: Mahindra & Mahindra Ltd (M&M Ltd), a part of the US $19 billion Mahindra Group, today announced, in… Continue reading Mahindra to make an additional investment of over Rs. 500 crore for Electric Vehicles and Electric Vehicle Components in Chakan as part of expansion efforts
Tag: Electric vehicles
Bharat Forge to set up two plants for making EV and hybrid vehicle parts
Bharat Forge, the Pune-based multinational with a presence across automotive, power, oil and gas, construction and mining, rail, marine and aerospace, has confirmed plans for manufacture and export of parts for electric and hybrid vehicles. In May 2017, Autocar Professional had reported that Bharat Forge, the largest exporter of automotive components from India, was planning… Continue reading Bharat Forge to set up two plants for making EV and hybrid vehicle parts
Top Automotive Industry News for Week of February 12 – February 18, 2017
Here is the most important news associated with the automotive industry identified by the SEA for the week February 12, 2018 – February 18, 2018. We hope it helps you stay up to speed on the key developments in our industry: -AEA Membership News- The 2018 NADA AEA Member Reception is coming soon! The next… Continue reading Top Automotive Industry News for Week of February 12 – February 18, 2017
Hyundai’s Hydrogen-Powered, Self-Driving SUV Runs on Level 4 Autonomy
In Brief Hyundai recently showcased that their latest autonomous SUV, Nexo, can deliver Level 4 autonomy. The South Korean carmaker believes this breakthrough in self-driving vehicles was possible because Nexo’s electric motor runs on hydrogen fuel. When it comes to the future of clean and safe transportation, all bets seem to be on electric autonomous… Continue reading Hyundai’s Hydrogen-Powered, Self-Driving SUV Runs on Level 4 Autonomy
Carlos Ghosn: ‘We’re probably the only carmaker who’s starting to make money selling electric cars’
The auto alliance between Renault, Nissan and Mitsubishi is probably the most advanced and profitable carmaker when it comes to producing electric cars, the company’s CEO told CNBC Friday. The alliance, which started work on electrification back in 2008, announced September that it is going to produce 12 new electric cars within the next five… Continue reading Carlos Ghosn: ‘We’re probably the only carmaker who’s starting to make money selling electric cars’
The Smart car goes electric before it plans its autonomous future
Look at some of the autonomous vehicle concepts, predicting a future of us being able to treat a car as a lounge or work area when we don’t want to actually drive, and you’ll notice one thing: space. By that, I mean the space they take up on the road. Everyone seems to be designing… Continue reading The Smart car goes electric before it plans its autonomous future
Aspark Owl Electric Hypercar Does 0-60 MPH in 1.6 Seconds
Free Price Quote From a Local Dealer View Special Offers No Obligation, Fast & Simple Free New Car Quote Change Car GO We offered bemused coverage of this unknown Japanese electric supercar when it first appeared at last year’s Frankfurt show claiming 2-second 0-62-mph acceleration from pretty modest-sounding power and torque output. Then the other… Continue reading Aspark Owl Electric Hypercar Does 0-60 MPH in 1.6 Seconds
New Hendy dealership for Mazda, Kia and Honda in Eastleigh
Hendy Automotive is building a new multi-franchise dealership in Eastleigh Hampshire for Mazda, Kia and Honda. The company’s existing Leigh Road facility will now sell Ford. The new showrooms are expected to employ 90 people and the project is part of a partnership with Eastleigh Borough Council, which retains ownership of the site. Features include… Continue reading New Hendy dealership for Mazda, Kia and Honda in Eastleigh
Renault-Nissan-Mitsubishi alliance CEO claims to be ‘only carmaker making money selling electric cars’
Several automakers have been open about their difficulty making money by selling electric cars, or in some cases they don’t even try to make a profit and instead focus solely on getting the ZEV credits. Carlos Ghosn, chairman of the Renault-Nissan-Mitsubishi alliance, claims that they are ahead of the game when it comes to making money… Continue reading Renault-Nissan-Mitsubishi alliance CEO claims to be ‘only carmaker making money selling electric cars’
Carlos Ghosn continues as Renault boss until 2022
Renault Group boss Carlos Ghosn has been tasked with making the Renault-Nissan-Mitsubishi Alliance “irreversible” by ensuring better integration, as the company’s board of directors decided to renew his position for another four years. Implementing Renault’s ‘Drive the future’ mid-term plan will be Ghosn’s main focus, with that plan ending in the same year as Ghosn’s extended tenure comes… Continue reading Carlos Ghosn continues as Renault boss until 2022