Author: Central Desk
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MG Motor India, a leading automaker in the country, is gearing up to launch its new Comet EV to secure a significant share of India’s growing electric vehicle (EV) market. The company is targeting a 20% share of the passenger EV market with this launch, as it seeks to establish itself as a major player in the sector. The Comet EV is expected to play a crucial role in the company’s growth and sustainability strategy. As part of its commitment to clean and green mobility, MG Motor India anticipates that electric vehicles will constitute 30% of its total sales by…
As the global focus on sustainable transportation increases, automakers are under pressure to shift their production towards electric vehicles (EVs). In a recent analysis published by PBS, it has been suggested that reaching a 67% EV market share in new sales is an ambitious, yet achievable, goal for the industry. To achieve this market share, automakers will need to overcome various challenges, such as production capacity, battery technology, and charging infrastructure. The analysis points out that targeted investments in research and development, alongside the scaling-up of production, will be crucial in overcoming these hurdles. Government support will also play a…
China’s ambitious plan to increase the adoption of electric vehicles (EVs) has hit a roadblock, as its unloved EV chargers point to significant challenges for public charging stations. According to a report by Hindustan Times Auto, the majority of the public charging stations in the country are idle, despite a significant rise in the number of EV users. As of 2021, China had more than 1.4 million charging stations, which is more than five times the number in the United States. However, only 20% of these charging stations are public, and most of them are either incompatible with newer EV…
Bajaj Auto, a leading Indian motorcycle manufacturer, is entering the UK market. They plan to launch their first bike in the UK on June 27th, 2023. This is expected to bring new competition to the UK bike market, which is currently dominated by brands such as Harley-Davidson and Triumph. Bajaj Auto has been a top player in the Indian bike market for over 75 years and is now expanding globally. They are known for making affordable and high-quality bikes, which is why the launch of their first product in the UK is being eagerly awaited by British riders. Company officials…
As the Shanghai Auto Show enters its final 48 hours, spectators worldwide marvel at automakers’ relentless pursuit of electric vehicle (EV) leadership. With China at the helm of a sustainable transformation, the event exhibits an extensive range of cutting-edge EVs and groundbreaking technologies that are shaping the future of transportation. China Paves the Way: The Global Green Revolution Intensifies China, the world’s largest auto market, accelerates the global transition towards eco-friendly transportation. Government initiatives, such as subsidies, aggressive sales targets, and infrastructure development, fuel the surging demand for EVs and prompt automakers to expedite their green strategies. A Spectacular Showcase…
Indeed, the 25 Most Luxurious Cars in the world truly represent the peak of automotive luxury and performance. With high-profile brands like Bugatti, Pagani, and Rolls-Royce dominating the list, it’s clear that these vehicles offer unparalleled design, engineering, and exclusivity. The Bugatti La Voiture Noire takes the top spot with its astonishing $18.7 million price tag. This unique masterpiece was designed to honor the iconic Bugatti Type 57SC Atlantic, boasting a carbon fiber body and a powerful 8.0-liter quad-turbocharged W16 engine that generates 1,479 horsepower. The Rolls-Royce Sweptail, priced at $13 million, claims second place. This bespoke coupe features design…
Tesla Inc., the American electric vehicle (EV) and clean energy company, has announced major price cuts across its entire vehicle lineup, making electric cars more affordable and accessible to a wider audience. The price reduction aims to encourage more people to switch from traditional gasoline-powered vehicles to electric cars, promoting a greener and more sustainable future. The price cuts will apply to all Tesla models, including the Model S, Model X, Model 3, and Model Y. The company has not provided specific pricing details, but sources say the price cuts could range between 5% and 15%, depending on the model…
Autochek, a prominent African automotive technology firm, has recently announced its acquisition of a majority stake in AutoTager, an Egyptian automotive technology startup. This strategic move allows Autochek to expand its presence in North Africa while supporting AutoTager’s continuous growth. Established in 2021 by serial entrepreneur Amr Rezk, AutoTager is a venture-backed startup that streamlines the car buying and selling experience by connecting dealers with serious buyers and providing technology solutions for enhanced operations. The company also facilitates easier access to verified vehicles and financing options for consumers. This acquisition signifies Autochek’s foray into Egypt, the second-largest economy and automotive…
Dubai’s ‘P7’ Car Plate Shatters Records: Telegram Founder Snaps It Up for AED 55 Million
Dubai’s ‘Most Noble Numbers’ auction made history as the prestigious ‘P7’ car plate was sold for a staggering AED 55 million (approximately $14.96 million) to Pavel Valeryevich Durov, the French-Emirati businessman, and founder of the popular messaging app, Telegram. The bidding for the highly coveted car plate took place at the auction event held in Dubai, where several high-profile participants vied for the unique and prized possession. The intense bidding saw the price of the ‘P7’ car plate skyrocket, with a temporary stall at AED 25 million before eventually reaching the record-breaking AED 55 million. The ‘P7’ car plate now…
Auto Expo 2023 India : A Comprehensive Guide to the Upcoming Automotive Extravaganza!
The Auto Expo, one of the largest and most anticipated automotive events of the year, is set to take place in 2023. This year’s expo promises to be bigger and better than ever, with a host of new and exciting offerings from some of the world’s top automakers. Whether you’re an avid car enthusiast or simply looking to upgrade your ride, this event is sure to have something for everyone. About the Auto Expo 2023: When and where will the Auto Expo 2023 take place? The Auto Expo 2023 is scheduled to take place from January 15th to January 21st,…