Global Automotive Business Latest News & Updates

Development samples of the new IRS9103A VCSEL driver IC at the second are available, and volume production has begun. Monroe Capital’s managed fund is focused on helping small- and medium-sized auto producers transition to electrical vehicle manufacturing. Jeep’s first US-bound electric automobile is a high-powered Wagoneer, set for a fall 2024 launch.

To better compete in the EV market, the automakers plan to jointly develop lithium iron phosphate battery cathode material manufacturing technology in South Korea. Several commerce shows will focus on the recent subjects of current years, together with EVs, battery tech, hybrid powertrains and software-defined autos. Read automotive news 24/7, from new car releases and auto show protection to spy photographs and the most recent developments – car news from CarBuzz never stops. Terming this as unfavorable commentary, Shailesh Chandra makes it amply clear that hybrids aren’t the answer even whereas a piece of industry is batting aggressively for this different.

CNG automotive, SUV sales rise 36 percent in April-August 2024Tata Motors’ CNG market share has elevated by over 6 percent compared to the identical period final yr. BMW announces Retail.NEXT dealership chainBMW vehicles, bikes in addition to Mini vehicles shall be bought beneath the same roof. Karnataka plans road tax, registration charges waiver on …The state can also be planning to incentivise manufacturing and infrastructure improvement for EVs. The service cost of the Pagani Huayra Hermes turns out to be much more reasonably priced in comparability with Bugatti. The former MD of Mahindra & Mahindra makes no bones about the fact that electrical is one of the best bet for India. There isn’t any point vacillating on this point since other choices like hybrids only serve as an interim measure.

We’re on a mission that will assist you understand the means ahead for mobility by offering free entry to on-line shows by the world’s main experts. IAV’s Michael Rieß provides an perception into the development actions of combustion engines powered by methanol. In dueling remarks this week, the Republican nominee targeted on tariff hikes, whereas the Democratic nominee talked of boosting clean vitality production. However, continued rate of interest cuts and decrease automobile prices could make a difference in 2025, analysts stated. The automaker additionally adjusted its inventory and shipment plans, citing “corrective actions” in North America. Unfortunately, this mid-engine didn’t receive the EV restomod treatment.

Join our vibrant community of enthusiasts and embark on an thrilling journey via the world of automobiles. The authorities is urging the car industry to significantly increase investments in sustainable technologies like flex gasoline, green hydrogen, and LNG autos Automotive News. It additionally seeks extra scrappage and fitness centers, and better incentives for scrapping old vehicles. Industry leaders acknowledge the excessive expectations but spotlight present challenges in gas supply and infrastructure.

But don’t fear; Honda may still construct upon the wedge design for future EVs. This wedge-shaped 1984 Honda HP-X concept used innovative materials for the time, like carbon fiber, Kevlar, and honeycomb paneling. It had all the best ideas and adorably looked prefer it ran on D-sized batteries.