The industry has five years to comply with NHTSA’s latest automatic emergency braking rule, but we hope for advancements far sooner.
Source: autonews.com
BYD Seal electric sedan clocks 1,000 bookings within three months of launch
By: HT Auto Desk | Updated on: 20 May 2024, 15:51 PM Share via: Chinese EV giant BYD had launched the Seal electric sedan in India earlier this year at a starting price of ₹41 lakh (ex-showroom). BYD Seal EV comes with sporty exterior design accentuated by its low-slung aerodynamic profile, a sloping roofline and an aggressive front face. Chinese electric car … [Read More...]
Lamborghini Reveals New Hybrid V-8 for Unnamed Huracán Successor
Code-named "Lamborghini 634," the plug-in-hybrid pairs a trio of electric motors with a twin-turbo 4.0-liter V-8 that has a 10,000-rpm redline. Source: caranddriver.com … [Read More...]
Lamborghini confirms 800-hp V8 for hybrid Huracán successor
Lamborghini went to significant lengths to keep the naturally-aspirated V12 engine alive, but its naturally-aspirated V10 has nearly reached the end of its life cycle. Instead, the yet-unnamed model that will replace the Huracán will downsize, adopt forced induction, and electrify. Code-named 634 internally, the Huracán's successor will get a 4.0-liter twin-turbocharged V8 rated at about 800 … [Read More...]
Five years on, Carlos Ghosn saga brings Nissan profit boost, new hearing for Greg Kelly
TOKYO – Nearly six years after Carlos Ghosn’s arrest in Japan and stunning downfall as the venerated chairman of the Renault Nissan Mitsubishi automotive empire, the corporate and criminal saga is still leaving its mark on Nissan as it grinds through yet new court hearings. This month, Nissan booked an unexpected windfall gain that lifted operating profit in its latest fiscal year thanks to a … [Read More...]
Tesla works to repair damaged relations with Europe leasing firms
LONDON -- Tesla is working to appease some European leasing companies after the automaker's repeated retail price cuts tanked their fleets' value and its slow service and expensive repairs alienated their corporate customers. The efforts include unofficial discounts on purchases of new cars if they are in stock and efforts to address widespread service, repair and ordering complaints after years … [Read More...]
Tata Motors group hikes investment outlay to INR 43,000 cr for FY25
Source : PTI | Tata Motors group has raised its investment outlay for FY25 to INR 43,000 crore for new products and technologies, with its British arm Jaguar Land Rover absorbing the maximum share, according to a senior company official. In FY24, Tata Motors group had given a guidance of 3 billion pound investment for Jaguar Land Rover (about INR 30,000 crore) and INR 8,000 crore for Tata Motors — … [Read More...]
India on mission to become world’s leading producer of critical minerals: Hindustan Zinc Chairperson
Source : PTI | India is on a mission to become the world’s leading and the most sustainable producer of critical minerals, Vedanta group firm Hindustan Zinc’s Chairperson Priya Agarwal Hebbar has said. Critical minerals, such as cobalt, copper, lithium, nickel and rare earths, play a crucial role in the production of clean energy technologies, from wind turbines to electric cars. Critical minerals … [Read More...]
Attero to invest INR 8,300 crore in capacity expansion over next five years
Source : PTI | Electronic waste and battery recycling company Attero plans to invest around INR 8,300 crore in the next five years to ramp up its capacity, the company’s CEO and Co-Founder Nitin Gupta said. At present, the company has the capacity to recycle up to 1,44,000 tonnes of electronic waste (e-waste) and 15,000 tonnes of lithium-ion battery annually. “In the next five years, we will … [Read More...]
Decrease in road accident fatalities in Delhi till May 15: Data shows
Source : PTI | New Delhi: Slight decrease in road accident fatalities has been witnessed in Delhi in the first five months of this year, according to the data released by the Delhi Police. The data stated that up till May 15, a total of 518 people lost their lives in 511 accidents. This marks a decrease from the 552 deaths recorded in 544 crashes during the same period last year. “We have … [Read More...]
GM, LG agree on $150 million relief for Chevy Bolt EV owners over faulty batteries
(Reuters) – General Motors and South Korea’s LG Energy Solution, LG Electronics reached a settlement to establish a $150 million fund to provide relief to Chevrolet Bolt EV owners affected by defective batteries, documents filed in a U.S. court on Thursday showed. General Motors first launched Chevrolet Bolt EVs in 2015, and used batteries made by LG entities as part of a business arrangement with … [Read More...]