Author: Central Desk

IVECO BUS together with Via have announced two pivotal Memorandums of Understanding (MoUs). These agreements signify a major advancement in on-demand transport solutions, merging IVECO’s eco-friendly vehicles with Via’s sophisticated technological applications. The initial MoU with Politecnico di Milano aims to develop a bespoke on-demand transport service to streamline campus mobility for students and faculty. This initiative promises to enhance the educational experience by facilitating access and minimizing transit durations. Concurrently, the partnership with Humanitas focuses on refining mobility for hospital staff and students, offering a practical and accessible transport alternative. This strategy is poised to positively influence daily operations…

Volkswagen Commercial Vehicles has unveiled the design intricacies of the anticipated seventh generation Transporter, redefining a timeless classic with contemporary flair. Albert Kirzinger, Chief Designer at Volkswagen Commercial Vehicles, stressed that this iteration not only brings the iconic Transporter into contemporary times but also preserves its rich legacy. “The details of the seventh Bulli generation pick up the characteristic design features of its six predecessors and give them a new interpretation. This has a tradition – every new Volkswagen Transporter has always represented a new visual beginning, a stylistic bridge between a long history, the present and the future,” Kirzinger…

BYD, a frontrunner in the realm of new energy vehicles, has launched its fifth-generation DM (dual mode) hybrid technology, setting a new paradigm in fuel efficiency and driving range for plug-in hybrid electric vehicles (PHEVs). At an event in Xi’an, Shaanxi’s capital, BYD Chairman Wang Chuanfu revealed the advanced capabilities of this technology. Wang explained that the latest development allows for a thermal efficiency of 46.06 percent and a fuel consumption rate of just 2.9 liters per 100 kilometers under electricity-deficit conditions. The technology ensures a driving range of 2,100 kilometers with a fully charged battery and full petrol tank,…

In a pivotal shift, several automotive secor luminaries, led by Tesla’s Elon Musk, have begun to contest the Biden administration’s tariffs on Chinese electric vehicles (EVs). Initially established as safeguards for domestic industries, these tariffs are now under scrutiny by industry titans advocating for competitive openness to benefit both consumers and manufacturers. At the VivaTech conference in Paris, Tesla CEO Elon Musk articulated his concerns, signaling a departure from his prior warnings about the competitive threat from Chinese automakers. Echoing Musk, Ferrari’s Benedetto Vigna and Mercedes-Benz’s Ola Källenius both argue for tariff reductions to foster healthy global competition. Stellantis CEO…

Zhengzhou, China | Yutong Bus, a leading global provider of electric bus solutions, recently hosted a group of journalists from 23 European news organizations at its Brand Experience Center, New Energy Manufacturing Base, and Engineering Testing Center. The two-day tour provided a unique opportunity for the media to experience firsthand Yutong’s commitment to innovation, safety, and sustainability in the public transportation sector. “We are excited to showcase our latest advancements in electric bus technology to our European colleagues,” said Jack Li, CEO of Yutong Europe. “We believe that our sustainable urban transport solutions can benefit communities across Europe and contribute…

India’s luxury car market is set for significant growth in the coming years, and Tata Motors-owned Jaguar Land Rover (JLR) is poised to capitalize on this trend. According to JLR India officials, the company expects to outpace the segment’s growth this fiscal year, driven by increased localization, an expanded product range, and a growing base of high-net-worth individuals (HNIs) in the country. In the 2023-24 fiscal year, JLR India achieved an impressive 81% sales growth, with 4,436 units sold. The company aims to double its business in India over the next three years, driven by initiatives such as local assembly…

Hyundai Mobis, integral to Hyundai Motor Group, showcased its leadership in global mobility solutions during the ‘3rd Mobis Mobility Day’ on May 26. Organized by Mobis Ventures Silicon Valley (MVSV), this seminal event attracted approximately 250 industry leaders from start-ups, academia, and investment communities to discuss Hyundai Mobis’ strategic vision and technological initiatives, particularly in autonomous driving, software development, and infotainment systems. This year’s event, centered around the theme ‘Green Mobility,’ aligned with the automotive industry’s pivot towards electrification. Hyundai Mobis revealed its latest innovations in chassis technologies tailored for electrified vehicle platforms, emphasizing breakthroughs in braking, steering, and suspension…

To reinforce Pakistan’s auto sector, Ali Asghar Jamali, CEO of Indus Motor Company (IMC), has proposed substantial tax increases on imported used cars. This initiative, designed for inclusion in the upcoming fiscal budget, was presented to Pakistan’s key economic officials, including the Federal Minister for Finance, the Industries Minister, and the chairman of the Federal Board of Revenue (FBR). Jamali argues for raising duties on imported used vehicles to bolster local manufacturers during a phase marked by economic stabilization and possible interest rate reductions. This approach arises as the local auto industry grapples with a downturn, evidenced by a 58%…

Việt Nam’s ambitions to transition into a major player on the global automobile stage are riddled with significant challenges, particularly in leveraging the advantages of Free Trade Agreements (FTAs). As Vietnam’s auto industry aims to shift from reliance on imports to becoming an export powerhouse, various obstacles threaten to slow its momentum. Vũ Thị Ánh Hồng, editor-in-chief of Customs Newspaper, delineated these challenges during a forum her publication hosted, which focused on dissecting the impact of FTAs on local manufacturing and trade dynamics. Government Incentives Fuel Industry Growth To fortify the domestic auto industry, the Vietnamese government has enacted numerous…

Nissan Motor unveiled a strategic initiative to integrate low CO2 emission aluminum, derived from green or recycled sources, across all vehicle models starting fiscal year 2024, targeting full transition by 2030. This endeavor aligns with Nissan’s overarching aim to secure carbon neutrality throughout its vehicles’ complete lifecycle by 2050. Representing approximately 10% of vehicle mass, aluminum’s conversion to low emission alternatives marks a substantial leap towards minimizing Nissan’s environmental impact. Green aluminum, manufactured using electricity from non-fossil sources, can reduce production-related CO2 emissions by about 50%. Similarly, utilizing recycled aluminum can slash emissions by as much as 95%. Nissan currently…