Author: Central Desk

According to recent reports, petrol cars continue to dominate the streets in India in the fiscal year 2022-23. Despite the growing popularity of electric vehicles, the conventional fuel vehicles still account for the majority of car sales in the country. In the fiscal year 2022-23, the total sales of petrol cars in India reached a staggering figure of over 15 million units, which is approximately 80% of the total car sales in the country. This indicates that the consumers in India still have a strong preference for petrol cars over electric vehicles. One of the major reasons for this trend…

Jaguar Land Rover (JLR) has announced a new brand identity for its iconic Range Rover, Discovery, Defender, and Jaguar vehicles, aiming to streamline its brands and strengthen its market position. The rebranding effort comes as the automaker continues to evolve and adapt to the rapidly changing automotive landscape. The new identity focuses on the unique characteristics of each vehicle while also emphasizing the unity of the JLR family. It aims to create a distinct and cohesive brand image that effectively communicates the company’s values and commitment to producing high-quality vehicles for a wide range of customers. The rebranding initiative is…

Volkswagen (VW) has recently unveiled plans to build a $7 billion battery plant in Canada, making it the largest automotive investment in the nation’s history. The groundbreaking facility is expected to play a critical role in the production of electric vehicles (EVs) and contribute to Canada’s growing green economy. The battery plant is set to be built in the province of Ontario, a region known for its strong automotive industry presence. As global demand for EVs continues to rise, the facility will support the production of next-generation batteries that are essential for the widespread adoption of electric vehicles. The project…

The case revolved around a Tesla Model S that crashed into a fire truck in 2018 while the vehicle’s Autopilot system was engaged. The driver sued Tesla, alleging that the Autopilot system was defective and that the company failed to provide sufficient warnings about its limitations. However, the court ruled in favor of Tesla, stating that the driver was aware of the system’s limitations and should have been paying attention to the road. This ruling comes at a crucial time for Tesla and the broader autonomous driving industry. Autonomous vehicle technology has been under the spotlight in recent years, with…

Germany’s push for electric vehicle (EV) adoption continues to gain momentum, with the country’s charging infrastructure expanding significantly in 2022. According to recent reports, Germany added 35% more EV charge points in 2022, a development that highlights the nation’s commitment to supporting the growing demand for clean and sustainable transportation. This expansion of charging infrastructure is a crucial element in Germany’s efforts to encourage EV adoption and reduce greenhouse gas emissions. The increased availability of charging points not only makes EV ownership more convenient but also helps alleviate concerns around range anxiety, which has been a significant barrier to wider…

The automotive industry is increasingly venturing into the metaverse, a virtual universe where people can interact with digital objects and environments, to reinvent customer engagement and tap into new opportunities. Virtual car experiences are a prime example of how automakers are capitalizing on this digital realm to create immersive, interactive experiences for consumers. One of the main reasons for the industry’s excitement is the potential for virtual showrooms and test drives. These digital experiences allow customers to explore vehicle features, customize their cars, and even take them for a virtual spin, all from the comfort of their own homes. This…

The metaverse, a virtual world where people can interact with each other and digital objects, is transforming the mobility sector, providing unprecedented opportunities for growth and innovation. As the automotive industry adapts to this new digital realm, it is poised to unlock new revenue streams and enhance customer experience. According to a recent report by McKinsey & Company, the metaverse offers significant potential for value creation in the mobility sector. The report highlights four key areas where the automotive industry can leverage the metaverse to drive growth: digital goods and services, vehicle usage, marketing and sales, and new business models.…

The US tech industry is experiencing a period of uncertainty as China’s Fourth Industrial Revolution continues to gain momentum. The rapid technological advancements in China are causing unease among investors, leading to fluctuations in US tech stocks. China’s aggressive push for technological innovation and self-reliance in various sectors, including artificial intelligence (AI), robotics, biotechnology, and renewable energy, is driving a paradigm shift in the global tech industry. As China progresses in these areas, the country is emerging as a formidable competitor to the US tech giants. Investors are growing increasingly concerned about the potential impact of China’s advancements on the…

China’s Zeekr, an emerging luxury EV brand, is gearing up to enter the European market by the close of 2023. The automaker’s ambitious expansion plans are fueled by the increasing demand for electric vehicles in Europe, particularly in the luxury segment. Recent market research suggests that the European EV market is growing rapidly, with EV sales increasing by 137% in 2021 alone. Furthermore, the luxury EV segment has been expanding at an even faster pace, as affluent consumers seek environmentally-friendly vehicles without compromising on comfort and style. The company, known for its focus on design and technological innovation, believes that…

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…