Author: Central Desk
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Tata Motors, India’s automotive juggernaut, currently commanding a staggering 75% of the electric vehicle (EV) market, is charting an audacious path towards an electrified future. The firm sets its sights on EVs accounting for 15-17% of its total sales volume by 2024, an aspiration fueled by its latest triumph: a record 69,153 EV units sold in 2023, marking a 62% surge from the previous year. At the forefront of this electric revolution is the Punch EV. This model is poised to bolster Tata’s dominance in the EV arena, offering a distinctive option that sidesteps potential overlaps with the Tiago EV…
At the esteemed Davos global economic conference, Volvo Cars CEO Jim Rowan delivered a compelling discourse on the potential of battery-electric vehicles (BEVs), setting a distinct path from other leading automakers. Despite mixed market signals, Volvo’s conviction in the BEV sector’s expansive growth remains unshaken. Rowan’s commentary at the Reuters Global Markets Forum underscored Volvo’s robust sales growth, propelled by its premium product range. This trend starkly contrasts with competitors, notably Tesla, who have resorted to price reductions to stimulate sales. Volvo envisions BEVs constituting half of its global sales by 2026, aiming for a complete transition to BEVs by…
Škoda Auto, the Czech automobile giant, has released its latest offering – the second-generation Kodiaq SUV – from its Kvasiny plant. This decision marks Škoda’s step into a future where sustainability and technological advancement are predominant. Back in 2016, the Kodiaq was the vanguard of Škoda’s SUV lineup. Today’s unveiling of its successor is not just a routine upgrade. It’s a bold statement of Škoda’s plan to lead in futuristic automotive manufacturing. The company has poured 49 million euros into revamping the Kvasiny facility, ensuring it’s at the forefront of modern production techniques and eco-conscious methodologies. Andreas Dick, who oversees…
BYD, the world’s largest electric car manufacturer, has unveiled its latest technological marvel, the Xuanji smart car system, featuring cutting-edge artificial intelligence (AI) capabilities. This move comes as the global electric vehicle (EV) industry races ahead with advanced automation technologies, particularly in automated parking. As BYD strives to maintain its competitive edge and outperform rivals, the Xuanji smart car system takes center stage. This innovative system can instantaneously detect changes both inside and outside the vehicle, significantly enhancing safety and driving comfort. At its core lies the AI Large Model, boasting the industry’s most extensive data foundation. This powerful AI…
Hyundai Motor has sold its Chongqing manufacturing base in China, acquiring $230 million (1.62 billion yuan). This decision marks a significant shift in the South Korean automaker’s strategy amidst a challenging sales landscape in China. The sale, finalized this Tuesday, transfers the Chongqing facility to an entity linked with the city’s government. This step aligns with Hyundai’s intent to bolster its financial standing and streamline its Chinese operations. Hyundai’s disengagement from the Chongqing site, operational since 2017 and a former collaboration with Beijing Automotive Group, follows an August announcement that signaled the plant’s impending sale. This facility had an annual…
Lynk & Co, in partnership with GreenLynk Automotives, recently unveiled its brand in Ho Chi Minh City, marking a significant leap in Vietnam’s automobile sector. The grand showcase of the Lynk & Co 01, Lynk & Co 05, and Lynk & Co 09 SUV models at the brand’s flagship showroom on Nguyễn Hữu Cảnh Street reflects the brand’s ambition to redefine vehicular luxury and innovation in the Vietnamese market. A Showroom Beyond Display Occupying a vast 5,000 square meters, the Lynk & Co showroom transcends the traditional concept of a car display center. It stands as a vibrant community hub,…
Governor Kay Ivey vocally opposes union efforts within Alabama’s automotive sector, spotlighting escalating tensions in this dynamic industry. Her stance, driven by concerns over United Automotive Workers (UAW) targeting the state’s prosperous sector, advocates against union influences. Alabama stands as a key player in U.S. automotive manufacturing, hosting giants like Mercedes-Benz, Honda, Hyundai, Toyota, and Mazda. Governor Ivey praises the workforce for their skill and compensation levels. Contrastingly, Alabama Arise, a nonprofit, reveals a different narrative. Their November 2023 study indicates a significant 11% wage drop for Alabama auto workers since 2002. Dev Wakeley from Alabama Arise highlights increasing turnover…
The Dubai Police’s fleet gains a formidable new member: the Lamborghini Urus Performante. This addition, facilitated by the Lamborghini Dubai dealership, aligns with Automobili Lamborghini’s 60th-anniversary celebration and continues the department’s collaboration with the prestigious brand. At the Dubai Airshow 2023, Paolo Sartori, Regional Head for Automobili Lamborghini Middle East and Africa, presented the keys of this Super SUV to Major General Ahmed Mohammed bin Thani, the acting commander-in-chief of Dubai Police. Sartori remarked, “This partnership with Dubai Police showcases our commitment to enhancing public safety. The Urus Performante, following last year’s Urus, will undertake various public duties and bolster…
Daihatsu Motor Co’s unveiling of the me:MO concept car at the Japan Mobility Show marked a significant leap forward for the automotive sector. This subsidiary of Toyota introduced a small electric vehicle distinguished by its 3D-printed components, signifying an era of enhanced customization and environmental awareness. The me:MO stands out for its adaptability, allowing potential owners to modify both the exterior and interior to their liking. Daihatsu’s mission, focusing on customer-centric innovation, is evident in this concept. The design addresses current preferences for eco-friendly and flexible mobility solutions. Daihatsu’s approach to car design emphasizes a modular structure, permitting alterations in…
The American auto legend, Jeep, confronts challenging times in India. With a declining market presence and eroding customer loyalty, the company stands at a crossroads. Emerging from this scenario is the buzz about Jeep’s compact SUV, potentially the Avenger, slated for a possible 2024 release. This piece delves into the Avenger’s anticipated impact and its role in Jeep’s strategy for Indian market resurgence. Jeep’s Indian Saga Jeep’s trajectory in India has hit a rough patch. The brand, once synonymous with rugged reliability, now grapples with diminishing sales and a tarnished reputation. Enter the Avenger, Jeep’s rumored knight in shining armor,…