Author: Central Desk

Emphasizing its ambition of full electrification in car manufacturing by 2030, Volvo Cars Tech Fund invested in the Shanghai-based power electronics pioneer, Leadrive. Established in 2017, Leadrive has carved a distinctive niche with its expertise in power electronics and control units tailored for electric vehicles. Their prowess lies in creating power modules harnessing the groundbreaking silicon carbide (SiC) technology, a semiconductor that offers unmatched efficiency and adaptability for electric propulsion systems. Alexander Petrofski, CEO of the Volvo Cars Tech Fund, remarked on this strategic move, “Leadrive’s technology demonstrates a lot of potential for the development of more efficient electric drivetrains.…

Demonstrating an economic uplift and burgeoning demand, premier Indian automakers charted an ascent in sales across both passenger and commercial vehicle sectors this August, fueled by dealer optimism in anticipation of the festive rush. Maruti Suzuki and Mahindra & Mahindra, titans of the passenger vehicles (PV) domain, announced sales growths of 16.4% and 25% compared to last year’s numbers. Tata Motors, on the other hand, saw a decline in its passenger vehicle sales by 3.5%. Highlighting this buoyancy, Maruti Suzuki’s shares achieved a record peak during the trading day. The company’s August sales touched an unprecedented 189,082 units, bolstered by…

Chongqing International Expo Center readies itself for the grandeur of the 2023 Smart China Expo (SCE 2023) set to commence on September 4th. This year’s extravaganza casts a spotlight on Intelligent Connected New Energy Vehicles (NEVs) and the burgeoning Digital China landscape. The digitized world witnesses rapid strides in intelligent transportation. SCE 2023, with its myriad discussions and demonstrations, seeks to pioneer this domain with real-time traffic management, evolved parking systems, and the seamless digital administration of vehicles. Spanning 12 distinct sub-fields, from advanced power batteries to avant-garde intelligent cockpits, this event will congregate over 310 industry titans, welcoming stalwarts…

Tata Motors redefines vehicular elegance with its significantly refreshed Nexon compact SUV. Set for a grand debut on September 14th, bookings for the Nexon and Nexon EV facelifts commence from September 4, with the Nexon EV facelift’s reveal planned for September 7. The 2023 Nexon channels contemporary design, absorbing inspiration from Tata’s Curvv and Harrier EV concepts. The impressive 10.25-inch touchscreen pairs gracefully with a novel two-spoke steering wheel. Exterior Evolution The exterior showcases a split-headlamp design, with LED daytime running lights on top, juxtaposed with headlights below. These DRLs meld seamlessly through an upper grille adorned with the Tata…

Unveiled at the Munich Motor Show, BMW’s Vision Neue Klasse doesn’t just commemorate the revival of a historic line from the German automaker, it emerges as a luminary for an industry transitioning to sustainable, clean, and efficient technologies. This reflects a transformative change in automotive design priorities. BMW’s strategy to reintroduce the iconic Neue Klasse line, revered during the 1960s and 70s, pushes the Vision Neue Klasse to the forefront of forward-thinking automotive designs. As the industry shifts its gaze to electric mobility, this line, destined to span six or seven models between 2025 and 2027, epitomizes the broader evolution.…

As an ambitious step toward developing a sustainable energy ecosystem, Hyundai Motor Group has unveiled its innovative strategy to derive clean hydrogen from food waste bio gas treatment. This groundbreaking initiative seeks to lay the groundwork for a robust green hydrogen ecosystem. On August 29, at the Hyundai E&C office in Jongno-gu, Seoul, a memorandum of understanding (MOU) was signed with the Sudokwon Landfill Site Management Corporation (SL Corp.). Distinguished representatives from Hyundai Motor Company, Kia Corporation, Hyundai E&C, and SL Corp. were present. Under this MOU, the collaborative effort projects the production of up to 216 kilograms of green…

The IAA auto show, a marquee event in the automotive realm, witnesses a transformative shift as Chinese EV manufacturers flaunt their e-mobility prowess on European terrain, traditionally dominated by German automakers. This strategic positioning comes as Europe’s automotive giants grapple with economic disruptions, from post-pandemic supply chain dilemmas to repercussions of the Russian invasion of Ukraine. Electric models from China aim to capture the attention of attendees, establishing a solid foothold amidst established European brands. Their audacious challenge is further intensified with Elon Musk’s Tesla joining the fray, a company that typically shies away from such extravaganzas. European automakers face…

The US Department of Energy, aligning with President Joe Biden’s vision for a greener future, unveiled a strategic initiative to allocate $12 billion to stimulate the auto industry’s shift to electric vehicles (EVs). This substantial financial commitment consists of $2 billion in grants and a further $10 billion in loans, targeting US automakers and suppliers. The major goal of the initiative is to transform existing facilities into production powerhouses for hybrid and electric vehicles while revitalizing factories located in established auto manufacturing regions and fortifying the domestic EV supply chain. The Biden administration, earlier this year, introduced a groundbreaking policy…

A groundbreaking collaboration between global giants Schaeffler and VDL Groep signals a transformative phase for public transportation with autonomous shuttle. Their combined expertise, showcased at the IAA Mobility show, hints at an electrifying urban transport future. Unveiling an innovative demonstrator, this partnership meshes leading automotive electrification and steering technologies to offer a fresh narrative for public transport. Mobileye, renowned for its pioneering autonomous driving systems, fortifies the venture with its state-of-the-art solutions. Global Mobility Undergoing Evolution Urban Mobility’s canvas is experiencing an exciting overhaul. As cities grapple with congestion and environmental challenges, there’s an evident tilt towards unconventional transport modalities.…

Ontario’s auto sector stands poised for transformation, presenting both ecological and economic promises. As North America’s appetite for electric school buses grows, Pembina Institute’s analysis positions Ontario as a prime beneficiary. The Electric Advantage Transitioning from diesel-fueled school buses to electric versions offers multifold benefits. Beyond environmental dividends, electric buses drastically curtail children’s exposure to harmful diesel emissions. The concern, echoed by many parents, finds resonance with the undeniable benefits of cleaner, greener commutes for the younger generation. Economically, Ontario could reclaim its prominence. Post the 2008 financial debacle, the province’s heavy truck and bus industry faced stark declines, languishing…