Hyundai Motor is reportedly starting the production of its upcoming Casper Electric, by July 2024. The production will take place in Gwangju, South Korea, and officials confirmed that the initial production goal is 21,400 units by the yearend.
0EV sales in India surged significantly in the fiscal year 2023-24, reaching 17,52,406 units, marking a robust 40.31 per cent increase on a year-on-year (YoY) basis. As per the report by JMK Research Analytics, this growth was predominantly driven by the two-wheeler and three-wheeler segments.
Experts have recently discovered AI tools like Google Street View (GSV), which is capable of providing 360-degree views of streets, and identifying critical environmental factors contributing to car collisions, and accidents involving cyclists and pedestrians.
Experts have stated that the electic vehicles are making difference in the world environment, and they are encouraging them to protect environment by adopting the EV vehicles. They said that with EVs the cities are less noisey and enviroment is better.
Renault and Chinese partner Geely have announced a highly anticipated joint venture focused on developing combustion and hybrid engines. This initiative aims to enhance the competitiveness of their legacy auto business by creating more efficient gasoline engines and hybrid systems.
Hero MotoCorp's sales performance in May 2024 presents a mixed picture. While there is a noticeable decline in monthly sales figures, the company's overall growth in the early months of FY25 and significant increase in exports suggest positive momentum.
Hyundai Motor India has inaugurated its first 180 kW DC fast public EV charging station in Chennai, which will feature 150 kW and 30 kW connectors. The company also announced plans to establish 100 fast public charging stations across Tamil Nadu, reinforcing its commitment to the state.
Kia has unleashed its all-electric SUV- the EV3 which offers a driving range of up to 600 km and charges from 10 to 80 percent in 31 minutes. It will debut in the South Korean market in July 2024, followed by a European launch in the second half of the year.
Hyundai’s domestic market sales have grown and won 53.19 million (about USD 39,210) in the January-March period of 2024, up 41 per cent from 37.74 million won (around USD 27,821) for all of 2019.
BMW has experienced a decline in profits during the first quarter of 2024, despite robust sales growth- particularly in high-end models. The company disclosed earnings before interest and taxes (EBIT) fell by approximately a quarter compared to the previous year, amounting to 4.05 billion euros.
Hyundai and Kia have announced to utilize Baidu's smart cloud computing technology to navigate Beijing's evolving data regulations. As per the recent news report, South Korean companies aimed at exploring new business models by leveraging artificial intelligence technologies.
Hyundai Motor Group's CEO who recently visited India has unveiled a plan to strengthen its operations in India, aiming to utilize it as a pivotal export hub for the South Korean automaker. The announcement surfaced on Thursday when the CEO officially disclosed the strategic plan.
A new report surfaced, stating that Intel (the chip maker) has partnered with EV brand Zeekr to introduce a new family of AI-enhanced automotive SOCs, which will have the ability to enhance various in-vehicle AI applications like driver and passenger monitoring.
The Ministry of Land, Infrastructure, and Transport has reiterated the significance of promptly addressing these issues to uphold the reliability and safety of vehicles on the roads.
Mahindra & Mahindra, a prominent SUV manufacturer, introduced the Bolero Neo+ car. This new 9-seater vehicle will be offered in two variants: the P4 and the P10, with prices starting from Rs 11.39 lakh (ex-showroom).
Tata Power aims to pioneer in Electric Vehicle (EV) charging solutions and has reportedly achieved a milestone of powering 10 crores (100 million) green kilometres across various segments including public, bus/fleet, semi-public, and home chargers nationwide.
2024 Maruti Suzuki Swift is expected to carry a higher price tag than its current version. Speculations state that it will retain the 1.2-litre K-Series Dual-Jet Dual-VVT engine or receive updates for better fuel efficiency.
Hyundai Motor India exported 1,63,155 units last fiscal. It had shipped 1,53,019 units in FY23. Kia Motors exported 52,105 units, while Volkswagen India shipped out 44,180 units last fiscal.
The launch of portable liquid-cooled battery technology marked a significant milestone in Bounce Infinity's efforts to enhance the performance and usability of e-scooters.
MG Motor India, owned by SAIC, has been actively investing in India, with plans to expand manufacturing capacity and explore new markets. Despite initial delays due to funding constraints, the company remains committed to its growth trajectory.
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