Author: Central Desk

Valeo, the global leader in mobility technologies, embarks on an ambitious expansion of its partnership with Google Cloud. This collaboration is set to revolutionize automotive technology through the innovative application of generative artificial intelligence (AI). By harnessing Google Cloud’s advanced generative AI solutions, Valeo aims to enhance every aspect of its digital innovation process. The integration of AI technologies promises to accelerate the development of new products and achieve unprecedented operational efficiencies. From software development to optimization, Valeo’s strategy involves utilizing AI to respond swiftly and effectively to the dynamic demands of the automotive market. Valeo plans to apply Google…

VinFast Auto heralds a transformative era for Indonesia’s electric vehicle (EV) landscape, officially commencing VF e34 e-SUV sales. This pivotal development introduces the Vietnamese automaker’s first right-hand drive electric vehicle to the Indonesian market, marking a significant milestone in its Southeast Asian expansion efforts. The VF e34, a C-segment electric SUV, emerges as a symbol of VinFast’s dedication to advancing green mobility globally. Priced at IDR 315,000,000 (excluding battery), this model positions itself as a competitive entity in the Indonesian EV sphere. The spotlight shines on the company’s revolutionary battery subscription policy, establishing new standards for enhancing electric vehicle accessibility.…

Webasto has unveiled an innovative logistics center within its Neubrandenburg location, Mecklenburg-Vorpommern, Germany, marking a pivotal advancement towards digitalization and sustainability in the automotive supply chain. Constructed over two years, this state-of-the-art facility embodies the fusion of technology and efficiency, setting a new benchmark for the industry. Spanning 1,800 square meters and standing 27 meters tall, the two-story structure is engineered to manage over 30,000 small parts essential for producing heating systems, including high-demand high-voltage heaters for hybrid and electric vehicles. Notably, Webasto’s production of heaters in Neubrandenburg exceeded 1.5 million units last year, showcasing the plant’s pivotal role in…

Era-defining sustainability merges with groundbreaking innovation as Ferrari, synonymous with Italian luxury sports car supremacy, embarks on a transformative journey towards electrification. This automotive titan has entered into a strategic partnership with SK On, a behemoth in the electric vehicle battery realm, to spearhead advancements in battery cell technology. This collaboration heralds a pivotal chapter as Ferrari prepares to debut its premier fully electric vehicle (EV) next year. A memorandum of understanding, formalized on Tuesday, signals the fusion of unparalleled expertise and resources between the two corporations. Their joint venture aims to not merely propel their individual ambitions but to…

China initiated formal dispute proceedings at the World Trade Organization against the United States, targeting what it deems ‘discriminatory’ electric vehicle (EV) subsidies encapsulated within the 2022 Inflation Reduction Act. This move accentuates escalating trade frictions between the globe’s economic juggernauts. Central to this contention is U.S. legislation that extends tax credits from $3,750 to $7,500 to American EV buyers, contingent on the exclusion of battery components sourced from specific nations, notably China, Russia, North Korea, and Iran. The U.S. defends this policy as a strategy to bolster domestic production and mitigate dependency on adversarial states. Contrarily, Beijing views these…

Nissan unveils a bold blueprint aiming for a significant overhaul of its vehicle roster by 2026, targeting the electrification of more than half its offerings. This venture into electrification intends to transform 16 out of 30 produced vehicles, showcasing Nissan’s dedication to fostering sustainable transport modalities and meeting the surging global appetite for eco-conscious vehicular options. This electrification initiative transcends mere expansion of Nissan’s electric vehicle (EV) spectrum; it signifies the introduction of a versatile range of mobility solutions. With North America as a primary beneficiary, seven novel models are slated for deployment across the US and Canada. Despite ambiguity…

BYD, a titan of Chinese automotive manufacture, unveiled a newer, more cost-effective variant of its electric sedan, poised as a direct competitor to Tesla’s Model 3. This revelation followed closely on the heels of BYD commemorating its 7 millionth new energy vehicle (NEV) exiting the production line, marking a significant milestone in the company’s history. Christened the ‘Seal Honor Edition,’ this fresh iteration emerged via BYD’s Weibo account, signaling the firm’s intent to disrupt the market with competitively priced offerings aimed at capturing a wider consumer demographic. With an entry price point around $25,000 (179,800 yuan), the Seal Honor Edition…

Hyundai Motor Group (the Group) co-hosted the groundbreaking 2024 Korea-Africa Business Forum in Seoul, a collaboration with the Centre for Sustainable Structural Transformation (CSST) at SOAS University of London and the Korea-Africa Foundation. This pivotal gathering aimed to forge strategic partnerships for sustainable development, navigating geopolitical complexities and spotlighting Africa’s untapped potential for collaborative growth. Ken Kim, Executive Vice President of HMG Business Intelligence Institute, articulated the forum’s objective to catalyze cooperation between South Korea and African nations. “Africa holds immense potential for strong partnerships and sustainable development. Through this forum, we have set the stage for cooperation between South…

Isuzu Motors propels itself to the forefront of the electric vehicle (EV) evolution, unveiling the D-MAX BEV, its pioneering all-electric pickup. This new step not only signifies Isuzu’s entry into the burgeoning EV sphere but sets the stage for a robust rivalry with established models like the Ford F-150 Lightning. Traditionally known for diesel engines, Isuzu’s pivot towards electric propulsion marks a crucial departure towards sustainable automotive solutions, echoing a global shift toward carbon neutrality. The announcement by Isuzu’s President, Shinsuke Minami, in Bangkok, underscores a commitment to a greener future, reflecting broader industry and consumer shifts towards eco-friendly transport…

India’s ambitious policy reforms aimed at cementing its status as a global nexus for electric vehicle (EV) manufacturing are catalyzing a significant entry of Chinese electric automakers into its market. This development is set against China’s dominance in EV battery manufacturing, leading the world with over half the global lithium-ion (Li-ion) manufacturing capacity. Yet, with nations like India enhancing their EV battery production capabilities, China faces stiff competition, potentially diminishing its market share. The Indian government’s strategic endeavors to bolster hybrid and electric vehicles through various schemes have been central to the country’s push towards EV adoption. Targets to convert…