Carmakers take the multiple powertrain ride

Carmakers take the multiple powertrain ride

Mumbai: Car buyers in India are spoilt for choice when it comes to powertrains. Carmakers from industry leader Maruti Suzuki to Tata Motors, Toyota Motor, Honda and Citroen, a relatively newcomer in the Indian market, offer diverse options in powertrains, from petrol, diesel and CNG to flexible fuel, electric and hybrid. Diversification of the engine, … Read more

Doug Ford calls for tariffs on Chinese EVs: ‘We risk Ontario and Canadian jobs’

Doug Ford calls for tariffs on Chinese EVs: ‘We risk Ontario and Canadian jobs’

Premier Doug Ford is calling on the federal government to slap high tariffs on Chinese-made electric vehicle imports amid rising concerns that cheap cars could saturate the Canadian market and undercut Ontario’s EV manufacturing sector, along with the billions in taxpayer-funded subsidies to support it. On Thursday, Ford released a statement warning that China was … Read more

Hyundai IPO: Hyundai’s IPO Is Poised to Boost Indian Automakers’ Valuations

Hyundai IPO: Hyundai’s IPO Is Poised to Boost Indian Automakers’ Valuations

Hyundai Motor India Ltd.’s plan for one of India’s largest share sales may further boost valuations for the nation’s already-buzzing automakers. The listing may value the South Korean carmaker’s Indian unit at $25 billion, Bloomberg News reported previously. That would make it the nation’s fourth biggest automaker by market value, a milestone analysts say bodes … Read more

Indian automobile industry grows 19 pc to Rs 10.22 lakh cr in FY24: Report

Indian automobile industry grows 19 pc to Rs 10.22 lakh cr in FY24: Report

Mumbai: The Indian automobile industry grew 19 per cent to Rs 10.22 lakh crore in FY24 driven by a robust growth in the utility and sports utility vehicle (SUV) segment, a report said on Wednesday. The volume grew by 10 per cent during the year, the report by management consulting firm Primus Partners said. A … Read more

Tata Motors JLR investment: JLR steps up its 5-year investment plan by £3 billion

Tata Motors JLR investment: JLR steps up its 5-year investment plan by £3 billion

Mumbai: Jaguar Land Rover Automotive, Tata Motors UK subsidiary, has increased its planned five-year investment by 3 billion pounds, or 20%, 18 billion pounds (Rs 1.91 lakh crore). The Indian automaker had previously planned to invest 15 billion pounds in the British manufacturer of the Jaguar F-Pace and Land Rover Discovery between fiscal years 2024 … Read more

912-HP E-Tron GT Refresh Is The Most Powerful Audi Ever

912-HP E-Tron GT Refresh Is The Most Powerful Audi Ever

The Porsche Taycan may get most of the attention, but you really shouldn’t sleep on its platform-mate, the Audi E-Tron GT, either. In our first drive, we found it surprisingly sporty while still plenty comfortable for four people. Considering how similar it is to the Taycan, that was probably to be expected. And now, just … Read more

How a tax sop has created a divide in India’s motown

How a tax sop has created a divide in India’s motown

As Indian automakers negotiate the transition from internal combustion engine (ICE) to electric, they stare at a diversion on the route. Consumers do want an alternative to vehicles powered by dirty fuel but they are not lapping up EVs as yet. They are preferring hybrids. The transition from ICE to electric is easier via hybrids, … Read more

Hyundai has the same fear like Tata Motors & Mahindra about petrol, diesel cars

Hyundai has the same fear like Tata Motors & Mahindra about petrol, diesel cars

Hyundai has joined Indian car manufacturers Tata Motors and Mahindra & Mahindra in opposing any tax breaks for hybrid vehicles, suggesting that such measures could disrupt the market for petrol and diesel cars. Japanese carmakers like Maruti Suzuki, Toyota, and Honda are advocating for lower taxes on strong hybrids, arguing that the technology reduces emissions … Read more

Used EV price crash gets deeper with ‘premium’ brand idea history

Used EV price crash gets deeper with ‘premium’ brand idea history

A used 2020 Tesla Model 3 is available for sale on a CarMax lot on March 10, 2022 in Burbank, California.  Mario Tama | Getty Images News | Getty Images Back in February, used electric vehicle prices dipped below used gasoline-powered vehicle prices for the first time ever, and the pricing cliff keeps getting steeper … Read more

Copper Thieves Are Making A Pretty Penny Looting Charging Cables Thanks To EV Growth

Copper Thieves Are Making A Pretty Penny Looting Charging Cables Thanks To EV Growth

Photo: Electrify America The recent surge in cable theft from electric vehicle charging stations could be tied to the increasing price of copper, an increase largely due to the increase in EV production. This negative feedback loop has caught the attention of charging companies and police, the AP reports. Authorities are recommending increased surveillance to … Read more