Author: Central Desk

British luxury car giant, Aston Martin, has secured a noteworthy £9 million grant from the Advanced Propulsion Centre UK (APC). This funding is a significant step forward in the company’s drive to develop advanced modular battery electric vehicle (BEV) technologies. The backing from the UK government highlights its commitment to supporting a cleaner, net-zero emission future. With the grant, Aston Martin is set to invest in advanced vehicle light-weighting, state-of-the-art digital toolchains, and vital electrification training, components that are pivotal for the next generation of luxury vehicles. Aston Martin’s ‘Racing. Green.’ sustainability initiative is at the forefront of this effort.…

Mercedes-AMG unveils its newest gem: the Mercedes-AMG GT 63 S E PERFORMANCE 4-Door Coupe. With a starting price tag of 207,708.55 euros, this automotive masterpiece stands as a testament to luxury fused with unrivaled engineering prowess. Drawing cues from the new AMG GT Coupe, the vehicle flaunts a redesigned front, accentuated by an expansive air intake beneath its signature AMG radiator grille. Vertical air ducts, gracefully integrated into the front apron, further elevate its aesthetic appeal. Beyond visual allure, passengers are embraced by an ambiance of sophistication and modernity. An electric sunroof and a strategically placed wireless smartphone charger between…

South Korean automaker Hyundai Motor India readies its stride into India’s EV landscape by 2024-25. After gauging country’s appetite for electric vehicles with the imported Kona EV SUV in 2019, the company, fast-forwarding four years, is set to amplify its presence in the burgeoning Indian EV arena by 2024-25. Using a methodical top-down approach, Hyundai acclimated itself to the unique nuances of the Indian market. This foundational work culminated in a strategic decision to leap into the mainstream electric fray, emphasizing sharp localization. Tarun Garg, COO of Hyundai Motor India, shared insights with Autocar Professional. The EV market in India…

A shift toward sustainable European e-mobility emerges as PowerCo, bolstered by the Volkswagen Group, and Umicore reveal their trailblazing collaboration. This transformative partnership christened IONWAY, originates from Brussels and signifies the dawn of expansive industrial CAM and pCAM production across Europe. Projected to reach an astounding 160 GWh of annual production by 2030, IONWAY sets its sights on powering up to 2.2 million electric vehicles. This joint venture primarily intends to fortify PowerCo’s European battery factories, solidifying Umicore’s critical position within the burgeoning European EV cathode material sphere. This collaboration embodies the potent synergy between a renowned European car manufacturer…

A landmark moment for sustainable public transportation materialized as Iveco Group N.V. and Hyundai Motor Company unveiled the IVECO BUS E-WAY H2 at this year’s Busworld trade show. Stemming from a visionary partnership announced last year, this hydrogen-powered fuel cell electric bus exemplifies both companies’ commitment to redefining the paradigm of green mobility. Urban centers, grappling with intensifying air pollution and a surge in demand for eco-conscious transport, find a beacon of hope in the E-WAY H2. This 12-meter low-floor city bus is not just a vehicle but a statement, with its formidable 310-kW e-motor. The state-of-the-art fuel cell system,…

Kia’s upcoming initiative to adopt the North American Charging Standard (NACS) offers a significant leap toward integrating diverse EV charging systems. This endeavor promises to address the charging woes of countless EV owners across the continent and fortify the international synergy in the electric mobility domain. Kia’s integration of the North American Charging Standard (NACS) port into its forthcoming electric vehicles promises to revolutionize the charging experience for its customers across the continent. The soon-to-be-released CCS1-to-NACS adapters are set to ensure a wide range of Kia’s EVs can benefit from Tesla’s expansive network, with a rollout anticipated from Kia dealerships…

Hopkinsville emerges as a focal point for automotive advancement, as Toyota Boshoku America earmarks a $225 million ‘smart plant’ project for the region. This undertaking marks a pioneering step forward, showcasing Toyota Boshoku’s first venture into smart manufacturing. Governor Andy Beshear, flanked by representatives from Toyota Boshoku America and esteemed Christian County officials, unveiled plans for this transformative project. The venture represents not only a technological leap but also an economic one, promising the creation of 157 new jobs. Toyota Boshoku Corporation, part of the renowned Toyota group, has a formidable manufacturing network spanning Japan, Asia, Europe, and the Americas.…

A promising future awaits India’s automotive industry, with its potential direction set to touch new heights. A recent study by the esteemed global consulting firm, Arthur D. Little, suggests that with a strong foundation in manufacturing, innovation, and technology, India’s automotive sector can soar to a $1 trillion export-driven powerhouse by 2035. This report sheds light on India’s ability to harness an impressive additional revenue of $400 billion by 2035, surpassing the expected trajectory of $600 billion. The pillars of this expected growth are strategic exports, adept technological adoption, and consistent innovation. To transform this vision into reality, it’s imperative…

Taiwan’s premier electronics firm, AUO is set to acquire the globally renowned Behr-Hella Thermocontrol (BHTC). Sealed at an impressive EUR600m, this deal underscores AUO’s commitment to expanding its global footprint. BHTC, a collaboration between the esteemed Hella GmbH & Company and Mahle, is a market leader in crafting innovative automotive thermal management systems. Their product range includes advanced air conditioning, heating solutions, and corresponding control mechanisms. BHTC’s expansive global operations have attracted an elite clientele, prominently featuring industry giants like VW Group, BMW, Mercedes-Benz, Nissan, and Honda. The company’s strong financial performance was highlighted with revenue of EUR620m in the…

China’s electric juggernaut BYD accelerates toward Tesla’s industry lead, spotlighting a fiercely competitive battle for the electric vehicle (EV) crown. During the last quarter, BYD sold 431,603 all-electric units, a robust increase of 23% from the previous quarter. Meanwhile, Tesla, facing challenges with factory interruptions, saw a rare dip in its deliveries, totaling 435,059 units worldwide. This resulted in a minuscule difference of 3,456 vehicles between the two industry leaders. Snow Bull Capital’s Chief Executive, Taylor Ogan, who has stakes in both companies, boldly stated, “BYD will sell more fully electric passenger vehicles than Tesla in the fourth quarter.” When…