Author: Central Desk

India’s resolve to uphold its EV policy framework, notwithstanding Tesla’s appeal for tariff concessions, underscores the nation’s strategic commitment to fostering a diverse and inclusive electric mobility ecosystem. Commerce and Industry Minister Piyush Goyal articulated this position, emphasizing that legislative and regulatory measures will prioritize attracting a wide array of global EV manufacturers to India, the world’s fastest-growing economy, rather than catering to the demands of individual entities. Tesla, under the leadership of CEO Elon Musk, proposed a tariff exemption scheme aimed at reducing customs duty by 70% for vehicles priced below $40,000 and seeking a complete waiver for those…

MG Motor India, steered by CEO Emeritus Rajeev Chaba, embarks on an expedited growth trajectory courtesy of significant investment from JSW Group. This collaboration not merely signifies a notable milestone for MG Motor India but heralds robust confidence in the company’s future trajectory and the vast Indian market. Subsidiary of China’s premier automaker SAIC Motor, MG Motor India embodies innovation, technology, and a progressive approach towards automotive manufacturing. With the British lineage of MG brand coupled with SAIC Motor’s technological acumen, the entity has solidified a formidable stance within the Indian arena since its 2019 inception. A commitment exceeding Rs…

An agreement between Iveco, the esteemed brand within the Iveco Group renowned for its pioneering commercial vehicle designs, and DHL’s Post & Parcel Germany division, heralds a significant stride toward logistics sustainability. This collaboration entails the provision of 178 cutting-edge S-Way CNG (Compressed Natural Gas) trucks by Iveco, propelling DHL forward in its quest to mitigate carbon emissions and champion the decarbonisation of road transport. This initiative aligns seamlessly with global aspirations toward cleaner energy utilization, positioning both entities as frontrunners in environmental stewardship within the logistics domain. DHL’s incorporation of these CNG trucks into its fleet marks a substantial…

Irvine-based Karma Automotive has embarked on a strategic alliance with the University of California, Irvine (UCI), signifying a robust commitment to advancing environmentally sustainable technologies. This collaboration anchors itself within UCI’s Resilience and Adaptation Development in California initiative, showcasing a unified dedication towards fostering green innovation. California, a frontrunner in the electric vehicle (EV) market, witnesses a significant pivot towards eco-friendly transportation, with EV sales catapulting from 2% to nearly 22% within a mere span of five years. Aligning with this eco-conscious momentum, a Californian mandate necessitates that all new light-duty vehicles comply with zero-emission standards by 2035. Karma Automotive…

Amidst the rapid evolution characterizing today’s automotive landscape, a fierce auto patent battle unfolds, with Hyundai and Kia aggressively positioning themselves against industry leader Toyota. This competition transcends traditional manufacturing, spotlighting a pivotal shift toward future mobility realms—electric vehicles (EVs), hybrid models, and autonomous driving innovations. Historical dominance in patents, once centered around the internal combustion engine, has expanded. The industry now fiercely contests across three crucial domains: EV drivetrain, thermal management systems, and autonomous driving technologies—each essential for the performance, range, and safety of tomorrow’s vehicles. Data analysis spanning 2001 to 2021, utilizing records from the Korean Intellectual…

Nissan Motor has catalyzed a significant evolution within the electric vehicle (EV) domain through the unveiling of the Ariya NISMO, a superior performance variant of its acclaimed Ariya EV. First presented at the Tokyo Auto Salon January 2024, this advanced model is slated for release on the Japanese market come June, heralding a novel phase for electric mobility. The Ariya NISMO emerges as NISMO’s premier EV, augmenting the exemplary speed, comfort, and handling of the standard Ariya e-4ORCE. Nissan introduces two configurations of this electrifying model: the B6 e-4ORCE and the B9 e-4ORCE. The B6, equipped with a 66 kWh…

Tesla and Polestar exit the Federal Chamber of Automotive Industries (FCAI), challenging the organization’s stance on forthcoming vehicle emissions regulations. This departure signals a deepening divide over environmental policies aimed at propelling the nation towards a sustainable future. The Australian government, under the centre-left Labor party’s direction, is pushing for vehicle efficiency standards to reduce carbon emissions and foster the adoption of cleaner transportation methods. Volkswagen Australia voices concerns regarding Tesla and Polestar’s FCAI withdrawal, spotlighting the widening gap among car manufacturers over optimal approaches to addressing vehicle emissions. As a member of FCAI yet in defiance of its trajectory,…

Industry specialists express concern regarding the United States’ escalating efforts to curtail China’s burgeoning auto sector, perceived as a politicization of trade likely to stymie global automotive progress. Republican Senator Marco Rubio’s proposition to markedly elevate tariffs on vehicle imports from China, extending these levies to Chinese-manufactured vehicles in nations like Mexico, epitomizes the recent auto trade strategies designed to safeguard American automobile manufacturers and their workforce. This strategy, aimed at confining electric vehicle subsidies to those complying with stringent North American trade stipulations, has ignited discussion among observers. Zhang Xiang, a distinguished authority at the Digital Automotive International Cooperation…

Stellantis unveils an unparalleled financial strategy, earmarking €5.6 billion for South America’s automotive development from 2025 to 2030. This monumental allocation not only sets a new benchmark for the industry but also signals a transformative era for automotive innovation and sustainability across Brazil and the wider region. Central to this strategic infusion are plans to introduce over 40 novel products, inclusive of a pioneering battery electric vehicle (BEV) and the development of cutting-edge Bio-Hybrid technologies. Such initiatives underscore Stellantis’ leadership in championing decarbonization throughout the automotive supply chain and exploring strategic ventures to bolster the regional automotive landscape. Carlos Tavares,…

Chinese automakers, with BYD leading the charge, are advancing assertively into the Australian electric vehicle (EV) market, leveraging favorable conditions, including government incentives and a burgeoning demand for environmentally friendly transportation solutions. The proactive stance of the Australian government, spearheaded by Prime Minister Anthony Albanese, towards promoting EV adoption aligns with global efforts to curtail emissions, catalyzing a noticeable upsurge in EV sales. Data from the Federal Chamber of Automotive Industries reveals that EVs constituted 7.2% of new car sales in Australia in 2023, a considerable leap from 3.1% the prior year. David Smitherman, CEO of BYD’s distributor in Australia,…