Gas cars still win: EV drivers shocked by costly disappointment on resale market

(Credit: Ernest Ojeh on Unsplash)

If you bought an electric vehicle years ago thinking you would be ahead of the gasoline curve, a new study has some bad news for you. It turns out older EV models are worth less today than their gas-powered counterparts. Despite that financial bummer for long-time EV drivers, researchers from George Washington University do have some good news: newer EVs are closing the gap on gas cars, making them affordable options on the resale market going forward.

The study, published in the journal Environmental Research Letters, analyzed over nine million used vehicle listings from 2016 to 2019 across the United States. Researchers compared how different types of vehicles depreciated by looking at their listing prices versus the original manufacturer’s suggested retail price (MSRP) when new.

They found that while conventional gas-powered vehicles and hybrid electric vehicles tended to hold their value reasonably well over time, plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs) – the cars powered solely by rechargeable batteries – had historically experienced much faster depreciation rates.

For example, the study estimates that the average BEV lost around 16 percent of its value per year over its first eight years. In contrast, the average gas vehicle only lost around 10 percent annually.

However, a promising trend emerged. The newest BEVs and PHEVs were bucking that trend and depreciating at rates much closer to their gas-powered counterparts.

The researchers found that each model year, BEVs and PHEVs were retaining around five to 10 percent more of their original value than the previous model year. This held true even after accounting for factors like vehicle mileage, time on the dealer lot, fuel efficiency, and subsidies or tax credits that lowered the new vehicle price.

What’s driving this improvement?
According to the study’s authors, one key factor is the increasing range of newer BEV models. Longer driving ranges help alleviate consumer “range anxiety” concerns about running out of battery before reaching the next charger.

The study found that for every extra 10 miles of electric range, BEVs retained around 5.6 percent more of their resale value on average. So, a BEV with a 300-mile range could be worth over 15 percent more at resale than an otherwise identical model with just a 200-mile range.

The lone exception was Tesla’s luxury BEV models. While retaining their value extremely well initially compared to other BEVs, Tesla’s older models saw their residual values sliding recently as more models entered the market and new versions were released.

Interestingly, the study also revealed that federal tax credits and rebates offered on new EVs were effectively providing a small indirect subsidy that lowered prices in the used market by around three percent.

So, what does this mean for EV buyers?
The improving residual values suggest that automakers are alleviating some of the concerns around battery degradation and uncertain long-term reliability that have historically plagued the secondhand EV market.

As newer EVs with more advanced battery technologies and longer ranges hit the used market, consumers have more affordable options to choose from without worrying about dramatic depreciation. A lower risk of rapid devaluation helps make the upfront cost of an EV a bit easier to swallow

Of course, the used EV market was disrupted along with the rest of the auto industry by pandemic-related supply chain issues and shortages over the past couple of years. The study found that from January 2020 to March 2022, used EV prices surged by around 39 percent in real terms.

However, as supply constraints ease, those elevated prices should normalize and the improving residual values will help keep used EVs more affordable. Wider adoption of EVs among more budget-conscious buyers could then accelerate as secondhand options become increasingly viable.

John Paul Helveston, an assistant professor of Engineering Management and Systems Engineering at George Washington University and the study’s corresponding author, calls this shift in EV value a “double-edged sword.”

Source: https://studyfinds.org/gas-wins-ev-drivers-resale-market/

 

 

Tesla’s Cybertrucks were ‘rushed out,’ are malfunctioning at astounding rate

Tesla’s long-delayed — and pricey — Cybertrucks are getting panned by furious owners for malfunctioning at an alarming rate just months after Elon Musk’s futuristic vehicle hit the road.

Tales of the stainless steel Cybertrucks dying after traveling just 1 mile, randomly hard-braking on a wide-open road and already showing rust spots, among other gripes, were shared in the Tesla Owners’ Club forum.

In a thread titled “Worst delivery in my life (truck died in 5 minutes),” a Southern California-based owner wrote that after taking his truck for a spin the same day it was delivered last month, the vehicle “made it 1 mile down road, started getting steering error, flashing red screen, pulled off side of highway now the truck is dead and I’m waiting for a tow truck.”

The Tesla Owners’ Club forum touts numerous tales of Cybertrucks malfunctioning, including this one, where a user said that the vehicle “made it 1 mile own road [before it] started getting steering error.”
Cybertruck Owners Club
“Dealer couldn’t do anything for me. It was great for 5 minutes. Tried everything, restarting, screen is stuck black and keeps beeping,” the user added in the thread, first reported on by automotive news site Jalopnik.

The owner received the vehicle, which starts at $80,000, one month after the highly-publicized trucks went on sale last December — two years behind schedule.

“Tesla really rushed these trucks out, what a nightmare,” the disappointed owner said.

Tesla representatives did not immediately respond to The Post’s request for comment.

Another user on the thread shared a photo of their Cybertruck flashing a red screen that warned, “Pull over safely. Critical steering issue detected.”

“A lot of trucks are having high-voltage issues…which makes the trucks unusable,” the user added.

A separate thread featured a “WTF moment” in which the owner said his Cybertruck’s auto-pilot feature seemingly malfunctioned as another truck approached in the other lane while both were driving on a highway.

“My Cybertruck suddenly made a hard brake stop when we both have a clear wide enough space between us,” the user, who goes only by Andrew, wrote.

“Luckily there is no vehicle at the back as it would have been a definite collision.”

“Note: The auto-pilot is simply a glorified reactive cruise control,” Andrew concluded his post.

On another discussion board, Tesla Motors Club, a Cybertruck owner wrote a review so critical of Tesla’s supposedly highest-tech vehicle that the user was barred from the Cybertruck Owners’ Forum.

“But people need to hear the truth,” the Canada-based owner, JPinaJeep, wrote on Tesla Motors Club, per Jalopnik.

Source: https://nypost.com/2024/04/08/business/teslas-cybertrucks-were-rushed-out-are-malfunctioning-at-astounding-rate/

Tesla To Identify Sites in India for $2-$3 Billion EV Plant This Month: Report

Tesla will send a team from the United States by late April to study sites for the plant. (Photo: Bleeping Computer)

Tesla, owned by billionaire Elon Musk, will send a team to India this month to scout locations for a proposed $2 billion to $3 billion (about Rs 16,700 crore-Rs 25,000 crore) electric car plant, UK’s Financial Times reported on Wednesday.

Last month, India reduced import taxes on certain electric vehicles produced by carmakers that commit to invest at least $500 million (over Rs 4,150 crore) and start domestic manufacturing within three years.

Tesla’s reported push into India comes at a time when EV demand is slowing and competition heats up in its main markets of the U.S. and China, causing the EV maker to report a drop in first-quarter deliveries and missing estimates.

The company will send a team from the United States by late April to study sites for the plant, with a focus on states that have automotive hubs such as Maharashtra, Gujarat and Tamil Nadu, the report said, citing people familiar with the matter.

The EV maker’s CEO Elon Musk has been trying to enter the Indian market for years but New Delhi wanted a commitment to local manufacturing.

Tesla officials have been in talks with government officials over the last year, with Musk meeting Prime Minister Narendra Modi in June.

The company said in July last year that it was interested in building a factory in India to produce an EV priced at $24,000. It also called for lower taxes on more expensive models it wants to sell in India, Reuters has reported.

Source: https://www.news18.com/business/tesla-to-identify-sites-in-india-for-2-3-billion-ev-plant-report-8838673.html

Not even Elon can save EVs from disaster

Western policy on decarbonisation seems to be driven more by emotion and boosterism than by what is technologically feasible

CREDIT: Joe Raedle/Getty

Never was the old adage “don’t buy the prototype, buy the redesign” more appropriate. Motorists who bought an electric vehicle in the belief that it would hold its value better than a petrol or diesel must be feeling a little sore. According to the AA, the secondhand values of the 20 most popular electric and hybrid cars was down 12 per cent in the first quarter of this year compared with the first quarter of 2023. That is the drop in value of like-for-like cars, not what buyers can expect to lose in depreciation over the first year.

In some cases the fall has been far greater. According to a recent survey by Cap Hpi, the value of a one year old Peugeot e-2008 with 10,000 miles on the clock fell 38.7 per cent between January and December 2023.

The tide has turned for Tesla, too, as it runs out of well-off, eco-conscious motorists interested in buying its vehicles. In the three months to March it sold 386,810 vehicles, down from 422,875 in the same period in 2023. Tesla shares plunged seven per cent on the news – although given that the company’s market valuation is still nearly twice that of the world’s second most valuable carmaker, Toyota, no one should be confident of a rebound any time soon.

I have nothing against electric cars, which have already found a niche as city cars for people with the good fortune to have private driveways. If battery technology develops to the point at which electric cars can travel 500 miles on a single charge and take 10 minutes to recharge they will start to sell themselves, without motorists being forced to buy them through government mandates.

Indeed, that will be the point at which I will happily dump my diesel and go pure electric. But the promotion of electric cars over the past few years has been a triumph of hype over reality – which not even Elon Musk has been able to overcome.

Source: https://www.telegraph.co.uk/news/2024/04/03/not-even-elon-can-stop-ev-disaster/

Xiaomi: Chinese smartphone giant takes on Tesla

The SU7 is technology giant Xiaomi’s first electric car

Chinese smartphone maker Xiaomi has launched its first electric vehicle (EV) and started taking orders.

At the event the technology giant’s chief executive Lei Jun said the standard SU7 model would be priced at 215,900 yuan ($29,872; £23,663) and the Max version would cost 299,900 yuan.

The firm says it got over 50,000 orders within the first 27 minutes of sales.

Xiaomi’s entry into the electric car market comes as sales growth has slowed globally, triggering a price war.

The move sees the technology giant taking on EV rivals including Tesla and BYD. The starting price in China for Tesla’s Model 3 is 245,900 yuan.

Mr Lei also said the SU7, which has drawn comparisons with Porsche’s Taycan and Panamera models, would have a minimum range of 700km (435 miles), beating the Tesla Model 3’s 567km.

The firm is hoping that the SU7’s shared operating system with its phones, laptops and other devices will appeal to existing customers.

Xiaomi is the third-largest seller of smartphones worldwide with a market share of about 12%, according to research firm Counterpoint.

The SU7, which Xiaomi has been teasing since last year, has drawn comparisons to Porsche’s Taycan and Panamera sports car models.

It will be made by a unit of state-owned car manufacturer BAIC Group at a plant in Beijing that can produce as many as 200,000 vehicles a year.

“While getting this far is itself quite an achievement, the ultimate achievement would be to demonstrate that there is a consumer market for Xiaomi as a smart EVs brand,” Bill Russo of Automobility told the BBC.

In an indication of the challenges facing technology firms who want to make electric cars, iPhone maker Apple last month reportedly cancelled its plans to build an EV.

Mr Russo added that Xiaomi’s entry into the car market reflected its confidence “in the relevancy for their brand” in China while Apple did not see enough potential in the EV market outside of China.

Xiaomi has said it will invest $10bn (£7.9bn) in its vehicles business over the next 10 years.

“The Chinese EV market is very mature and creates a very stable ecosystem for the EV manufacturers,” said Abhishek Murali from research firm Rystad Energy.

“For example, the battery supply chain is very strong, and the charging network in the country is also growing to meet the growing EV feed.”

The launch of Xiaomi’s first car comes as a price war in China’s EV market has been intensifying.

Tesla, which is headed by multi-billionaire Elon Musk, has cut the cost of its cars in China by thousands of dollars in recent months as local rivals like the world’s top-selling EV maker BYD have slashed prices.

The world’s biggest car market is already crowded so Xiaomi is one of the few new prospective entrants to gain approval from authorities as officials try to curb a flood of new players.

Earlier this week, BYD posted record annual profits but said growth had slowed towards the end of last year.

Source: https://www.bbc.com/news/business-68672192

BYD Seal EV launched in India at ₹41 lakh, gets up to 650 km of range

BYD Seal EV will be offered in three variants and two battery pack options.

BYD India has finally launched the Seal electric vehicle in the Indian market. The electric sedan was first showcased in India at Auto Expo 2023 but the launch got delayed. Now, that it is finally here, BYD will be selling it with two battery pack options. There is 61.44 kWh which will be offered only with the Dynamic Range variant and then there is an 82.56 kWh battery pack that will be offered in two variants – Premium Range and Performance. The bookings are open for a token amount of 1.25 lakh.

The Dynamic Range and Premium Range variants will be offered with a rear-wheel drive powertrain whereas the Performance variant comes with an all-wheel drive powertrain. All three variants produce different levels of power outputs. They are priced at 41 lakh, 45.55 lakh and 53 lakh respectively. All prices are ex-showroom.

Source: https://auto.hindustantimes.com/auto/electric-vehicles/byd-seal-ev-launched-in-india-at-rs-41-lakh-gets-up-to-650-km-of-range-41709608885373.html

Rolls Royce, Lamborghini, Crores Of Cash Seized From Tobacco Baron’s Home

Fifteen to 20 teams carried out raids across five states, metaphorically shaking down every tobacco leaf linked to Banshidhar Tobacco Company.

A fleet of luxury cars were recovered from Shivam Mishra’s Delhi home.

A Rolls Royce, a Porsche, a Lamborghini – all bear ‘4018’ on the licence plates and in front of them poses a man with the flamboyance of Hrithik Roshan’s character in a hit song from ‘Kaho Na Pyaar Hai’. He is Shivam Mishra, the scion of a tobacco company at the centre of multi-state raids by the income tax department.
The Income Tax department executed a series of raids on Banshidhar Tobacco Company, unearthing a complex web of financial manipulations that extend across various states and even overseas. The raids, spanning 20 locations including Kanpur, Delhi, Mumbai, and Gujarat, have exposed alleged discrepancies in the company’s reported turnover, with sources revealing a staggering difference between the declared income and the actual turnover.

Fifteen to 20 teams carried out raids across five states, metaphorically shaking down every tobacco leaf linked to Banshidhar Tobacco Company, to stumble upon a treasure trove of luxury cars worth a staggering ₹ 50 crore; among them, a Rolls-Royce Phantom, priced at a cool ₹ 16 crore, found at Shivam Mishra’s home in Delhi’s Vasant Vihar.

Other luxury cars recovered from Shivam Mishra’s home were a McLaren, a Porsche, and a Lamborghini. The IT teams have reportedly confiscated ₹ 4.5 crores in cash during the raids, along with several documents.

Source: https://www.ndtv.com/india-news/rolls-royce-lamborghini-crores-of-cash-seized-from-tobacco-barons-home-5155717

Elon Musk Claims The New Tesla Roadster Hits 60 MPH In Less Than One Second

November 16, 2017—that’s when Tesla unveiled the second-generation Roadster. Fast forward to February 28, 2024, the electric sports car is still a no-show. But if we’re to believe Tesla supremo Elon Musk, the wait is almost over. The controversial CEO took to his X (formerly Twitter) social media platform to talk about the long overdue performance EV.

If there’s one executive in the automotive business who knows how to hype up a product, it’s certainly Musk. He made some rather bold statements to advertise the new Roadster, saying “there will never be another car like this, if you could even call it a car.” Tesla’s head honcho also noted, “I think it has a shot at being the most mind-blowing product demo of all time.”

Oh, and apparently it will hit 60 mph in less than one second.

Tesla’s top brass went on to mention the design has been finalized and we’ll get to see the production model near the end of the year. The goal is to kick off customer deliveries at some point in 2025, but knowing the company’s modus operandi, one can never be too sure.

Considering roughly six and a half years have passed since the Roadster concept debuted, it’s time to revisit the technical specifications promised by Tesla. It was originally claimed to reach 60 mph in 1.9 seconds and do 0-100 mph in 4.2 seconds, with a quarter mile time of 8.8 seconds. The all-wheel-drive machine with four seats promises to exceed 250 mph and cover 620 miles on a single charge.

The next Tesla Roadster is supposed to have a removable glass roof that goes into the trunk when not in use. An old tweet—er, post by Musk in June 2018 talked about a SpaceX option with “10 small rocket thrusters arranged seamlessly around car. These rocket engines dramatically improve acceleration, top speed, braking & cornering. Maybe they will even allow a Tesla to fly.” In May 2021, Musk claimed the car would do 0 to 60 mph in an unbelievable 1.1 seconds.

Because that wasn’t crazy enough, Musk now says it’ll do it in less than 1 second. We’re rather skeptical about this claim. The bonkers McMurtry Speirling can do it in 1.4 seconds with Avon slick tires and it’s not even road-legal whereas the Roadster will have a license plate. The Spéirling also weighs nothing, at 2,200 pounds, surely a lot less than whatever the much larger Roadster will weigh.

Source: https://www.motor1.com/news/710402/elon-musk-talks-new-tesla-roadster/

 

 

iPhone-maker Apple stops work on electric car, Tesla CEO reacts

Apple has decided to shut down its electric vehicle project after working on it since 2014. Rising costs and other factors are reportedly behind its decision to call off Project Titan. (Photo courtesy: YouTube)

Apple has decided to call off its electric car development project after a decade, transferring some employees to the artificial intelligence department. According to a Bloomberg report, the decision comes after challenges in the automotive industry and market demand changes have put pressure on project development. The electric car project, known as Project Titan, was one of the most ambitious projects in the history of the Silicon Valley–based tech giant known for its products like iPhone.

According to reports, the decision was shared among Apple’s Project Titan employees discreetly by some of the executives. At the time of the decision, the Apple electric car project employed around 2,000 people. CEO Jeff Williams and Kevin Lynch, vice president in charge of the project shared the decision on Tuesday, according to the Bloomberg report. They informed the employees that the project will shut down and several members of the Apple electric car team will be shifted to focus on generative AI projects. The tech giant has not shared any official statement on the decision yet.

Source: https://auto.hindustantimes.com/auto/electric-vehicles/iphonemaker-apple-stops-work-on-electric-car-tesla-ceo-reacts-41709091445445.html

Ford eyeing India comeback? Report claims firm in talks with Tatas for JV

The American carmaker has reportedly patented the new SUV design, currently not offered in any global markets and may compete in Hyundai Creta segment.

Ford Motor may be keen to collaborate with a local manufacturing partner for its return.

Two years after it left India, global auto major Ford Motor is reportedly working on a comeback with multiple new products, including a compact SUV.

The company, according to a Hindu Businessline report, may use its manufacturing facility in Chennai for producing hybrid and electric vehicles.

The American carmaker has reportedly patented the new SUV design, currently not offered in any global markets and may compete in Hyundai Creta segment.

Ford Motor may be keen to collaborate with a local manufacturing partner for its return.

The report claims the company is in talks with Tata Group for a possible joint venture. Business Today could not independently verify the report.

Ford’s Chennai plant had a capacity to manufacture 200,000 vehicles and 340,000 engines a year.

Under its current CEO, Jim Farley, Ford is focused on the electrification and digital transformation of core segments in which it is a leader, namely trucks, SUVs, commercial vehicles, and performance cars.

Source: https://www.businesstoday.in/auto/story/ford-eyeing-india-comeback-report-claims-firm-in-talks-with-tatas-for-jv-419032-2024-02-27

Tesla rival BYD launches electric supercar that could take on Ferrari — for $233,000

  • Chinese automaker BYD this weekend unveiled a new electric supercar that can hit speeds similar to high-end models by industry giants like Ferrari.
  • The U9 will be released as part of BYD’s luxury brand Yangwang, which was introduced last year.
  • BYD is a key competitor for Tesla as competition in the global electrical vehicle market runs hot.

Chinese automaker BYD this weekend unveiled a new electric supercar that it says can hit speeds similar to high-end models produced by industry giants like Ferrari.

The U9 supercar will be part of BYD’s luxury brand Yangwang, which was only introduced last year and has launched two other vehicles.

According to BYD, the U9 will be able to reach a top speed of 309.19 kph, or 192.12 mph. It will also be able to accelerate to 100 kph within 2.36 seconds.

This is comparable to supercars produced by long-established brands like Ferrari, whose hybrid SF90 Stradale model can accelerate to 100 kph in 2.5 seconds, according to the company’s website.

Prices for the U9 will start from 1.68 million yuan ($233,424) and deliveries are due to begin this summer, BYD said in a press release.

BYD Co. Yangwang U9 electric vehicles in Shenzhen, China, on Tuesday, Jan. 16, 2024. BYD debuted its most expensive car on Sunday, a 1.68 million yuan ($233,450) high-performance fully-electric supercar pitted against luxury gas-guzzling options offered by rivals such as Ferrari NV and Lamborghini. Photographer: Qilai Shen/Bloomberg via Getty Images
Qilai Shen | Bloomberg | Getty Images

The U9 will be powered by the so-called e4 Platform, as well as the BYD-developed DiSus-X Intelligent Body Control System, according to the company.

As with previous BYD cars, the U9 will have a lithium iron phosphate battery, also known as an LFP — these types of power units have become increasingly popular among electric vehicle makers, as they do not require expensive metals like cobalt, making them cheaper. China is a key market for LFP production.

BYD in 2023 produced just over 3 million new-energy vehicles, it said earlier this year. Just more than half of these, or 1.6 million, were battery-only passenger cars, while 1.4. million were hybrid vehicles. A large proportion of BYD’s cars sat in a lower price range, with some of the company’s most popular cars starting as low as 73,800 yuan.

While BYD’s main production and sales focus lies in China, the company has set its sights on global expansion. Last year it said it would open its first factory in Europe, and the Hungarian government confirmed Monday that Prime Minister Viktor Orban had met with BYD leaders over the weekend to discuss plans for a production plant.

Questions remain over the scope for international expansion, as the European Union and the U.S. government want to boost their local electrical vehicle sectors.

Source : https://www.cnbc.com/2024/02/26/tesla-rival-byd-launches-electric-supercar-that-could-take-on-ferrari.html

RBI unlikely to review action against PayTm, end of road for its FASTags

PayTM FASTags are all set to stop working amid the PayTm Payments Bank crisis. The RBI has hinted that its earlier order against the PayTm Payments Bank is unlikely to be reviewed.

PayTm FASTag owners will soon be required to issue new tags from other banks as last chance to turn around RBI’s order against PayTm Payments Bank is also gone. The central bank today has literally refused to review its order to stop PayTm Payments Bank from February 29. The RBI had ordered the payments bank subsidiary of One 97 Communications to stop accepting fresh deposits in its accounts from March this year. Among other things, the PayTm Payments Bank also issues FASTags to vehicle owners.

Shaktikanta Das, RBI Governor, has ruled out reviewing its action against PayTm on Monday. Speaking to reporters, Das said the central bank has ‘hardly any room’ to review its earlier order due to the digital payment app’s persistent non-compliance with RBI’s guidelines. This means that PayTm FASTag users will not be able to add money to the wallet to continue with its service. However, the PayTm FASTags will continue to work if it has sufficient balance and its KYC is completed.

The National Highways Authority of India (NHAI) had earlier issued a deadline to complete KYC details of FASTag accounts. NHAI had said FASTags with valid balances but with incomplete KYC will be deactivated after the deadline as part of its One Vehicle, One FASTag initiative. It aims to discourage use of same FASTag for multiple vehicles. The last date to update KYC of FASTags is February 29.

Here are the answers to some of the frequently asked questions regarding PayTm FASTags and its future:

Will PayTm FASTags work after February 29?

The answer is both yes and no. Yes for those who have sufficient balance in their PayTm FASTag accounts. The restrictions on PayTm Payments Bank will mean you will not be able to recharge PayTm FASTags after February 29 deadline. The RBI has said that one will not be able to top up or recharge FASTags or PayTm wallets from March this year.

Source: https://auto.hindustantimes.com/auto/news/rbi-unlikely-to-review-action-against-paytm-end-of-road-for-its-fastags-41707735277276.html

India’s national highway network to be equivalent to US by 2024 end: Gadkari

Nitin Gadkari revealed that the Indian government aims to match the country’s national highway road network with the US by the end of this year. (Representational image)

India’s national highway network will be equivalent to the road network of the USA by the end of 2024, claims Union Minister for Road Transport and Highways, Nitin Gadkari, reported ANI. Speaking about the infrastructure development of the country, the minister said that if India needs capital investment and development in the industry, the country should have good infrastructure. He also reiterated that the central government is giving the infrastructure development highest priority.

While speaking about the development strategy for the national highway road network of India, the minister said that the government aims to match the scale of the road network of the US by the end of this year. “At the end of 2024 our National Highway Road network will be equivalent to the road network of USA,” Gadkari added.

Source: https://auto.hindustantimes.com/auto/news/indias-national-highway-network-to-be-equivalent-to-us-by-2024-end-gadkari-41707623974645.html

Elon Musk’s brother sheds doubt on billionaire’s Tesla self driving capability claims

Kimbal Musk has provided a more conservative estimate on Tesla’s Full Self-Driving release.

Kimbal Musk is a board member at Tesla (Image: YouTube:@GrahamBensinger)

Elon Musk’s brother, Kimbal, who sits on Tesla’s board, has estimated the electric vehicle company won’t offer a finished version of its Full Self-Driving program for possibly five years — conflicting with his sibling’s target of a completed release this year.

It’s another blow to Musk, who was left red-faced when it emerged most Americans don’t trust Tesla after a slew of dangerous safety recalls.

Despite its name, Full Self-Driving currently sits at Level 2 autonomous capability — meaning a user must monitor all of the software’s tasks to regain control in an emergency. Tesla is working to get Full Self-Driving (FSD) to Level 4 or 5 autonomy, where a vehicle performs all tasks for a user.

Kimbal said during his interview with Graham Besinger: “I would say maybe five years.

“Definitely, in this decade. I think we might come out with the robotaxi before that, and it would have no steering wheel at all [stowable wheel].

Source: https://www.the-express.com/lifestyle/cars/127308/elon-musk-brother-kimbal-tesla-self-driving

Rolls Royce Launches India’s Most EXPENSIVE Electric Car – Spectre – Priced At 7.5 Crore

Staying true to the Rolls-Royce tradition, the Spectre showcases bespoke design elements that evoke a sense of awe. The illuminated trademark Rolls-Royce grille at the front creates a delightful ambiance during nighttime drives.

The aerodynamically designed Spirit of Ecstasy ornament contributes to the Spectre’s remarkable drag coefficient of 0.25cd. The vehicle rides on impressive 23-inch alloy wheels and features subtle and neat vertical taillight elements.

Step inside the Spectre, and you’ll be greeted by a starlight liner on the door pads, adorned with a staggering 4,796 softly illuminated stars—an exclusive touch originally reserved for Rolls-Royce car roofs. The passenger-side dashboard panel includes an illuminated ‘Spectre’ nameplate, seamlessly disappearing when the car is not in use.

The interior of the Spectre boasts a fully digital driver’s display, utilizing Rolls-Royce’s latest ‘Spirit’ software platform. For the co-driver, a digital display presents the opportunity to showcase digitized art or a personalized welcome animation, as chosen by the owner. True to the Rolls-Royce ethos, customization is key, allowing owners to choose their preferred color theme, trim, and even have their name embroidered on the seats.

Positioned in the Indian market between the Cullinan and the Phantom, the Spectre has carved its niche with no direct rivals. It serves as an enticing electric alternative to other luxury cars like the Bentley Flying Spur and Bentley Continental.

Source: https://www.cartoq.com/rolls-royce-spectre-unveiling-opulent-electric-luxury-car-india/

Bengaluru to Delhi: AI increasingly penetrating Indian traffic management system

Artificial Intelligence-powered intelligent traffic management systems can ensure a more efficient and smoother traffic movement, as well as enhance road safety.

Artificial Intelligence (AI) is rapidly transforming the world around us. A key implementation of AI is being seen in smart city solutions, which include parking management and traffic management systems. Having one of the most complex traffic situations in the world, Indian cities too are increasingly adopting AI-powered traffic management systems to make the flow of people and vehicles smoother and safer.

Delhi seems to become the latest city to adopt an AI-driven traffic management system as the Delhi government is mulling the plan to install AI-powered cameras across the national capital to detect traffic violations by motorists. Other states like Uttar Pradesh, Kerala and Karnataka have already adopted such technology for efficient traffic management systems and surveillance.

The Kerala government has revealed its plan to bring important roads in the state under the scanner of AI-based cameras to reduce road accidents by 50 per cent by the end of 2024. Bengaluru Traffic Police has introduced an AI-enabled traffic management system, which uses AI-enabled cameras to detect traffic violations and issue challans through SMS to the violators’ mobile phones. A similar

How AI-based traffic management system works

Traffic management systems across India were traditionally monitored manually and controlled by the government’s law enforcement officials. With the rise of AI and machine learning, traffic management systems across India are increasingly becoming automated. AI helps in analyzing huge volumes of real-time traffic data with the help of various cameras and Internet-of-Things (IoT) devices.

Christened as the Integrated Traffic Enforcement Management System (ITMS), this system works with the help of several AI-powered cameras installed across the city. This system ensures better law enforcement through AI. With the ITMS, traffic rule violations like overspeeding violations, riding without a helmet, triple riding, driving without a seat belt, driving while on phone calls, uncovered good carriage, overloading of commercial vehicles, driving in the wrong lane, buses not moving in designated lanes, private vehicles parked on roads can be detected. The violators can be prosecuted accordingly. The ITMS can also detect vehicles that are plying without a valid pollution under control certificate (PUCC) or have been deregistered.

While the detection of these violations manually needs a large number of law enforcement officials posted in different parts of the city, it doesn’t promise an error-free detection and prosecution method. On the other hand, the AI-powered IRMS can do this work much more efficiently and smoothly, where the chance of error would be minimal as the system will continuously learn using its deep machine-learning capability.

Source: https://auto.hindustantimes.com/auto/news/bengaluru-to-delhi-ai-increasingly-penetrating-indian-traffic-management-system-41704884147168.html

Tata Punch EV, India’s smallest electric SUV to launch soon. What we know so far

Tata Motors unveiled its second electric SUV Punch EV few days ago, which is slated to launch in India sometime in February 2024 and would be priced between ₹12 lakh and ₹14 lakh (ex-showroom).

Tata Motors has unveiled its much-awaited Punch EV just a few days ago. The SUV is already available for booking at an amount of 21,000. Upon arrival, the Tata Punch EV is expected to boost the homegrown automaker’s presence in the Indian electric car space, where the company already holds about 85 per cent market share.

Tata Punch EV would go on sale in India sometime in the middle of February 2024 and it would be priced between 12 lakh and 14 lakh (ex-showroom). The automaker has already revealed the exterior colours, variants and a few more details about the upcoming electric SUV.

Here are all the details about the Tata Punch EV that we know so far.

Tata Punch EV: Price

Tata Punch EV is expected to come priced between 12 lakh and 14 lakh (ex-showroom). It is already available for booking online and offline at an amount of 21,000. The electric SUV is expected to be launched in the country in the middle of February 2024.

Tata Punch EV: Colours

Tata Punch EV will come available in four different exterior colour options, which are – Seaweed Dual Tone, Empowered Oxide Dual Tone, Fearless Red Dual Tone, Daytona Grey Dual Tone and Pristine White Dual Tone.

Tata Punch EV: Variants

Tata Punch EV will come available in two different variants based on range, which are – Punch.ev and Punch.ev Long Range. The Tata Punch EV will be available in five trim options – Smart, Smart+, Adventure, Empowered and Empowered+. The Punch EV Long Range model will be available in three different trim options, which are – Advnture, Empowered and Empowered+.

Source: https://auto.hindustantimes.com/auto/electric-vehicles/tata-punch-ev-indias-smallest-electric-suv-to-launch-soon-what-we-know-so-far-41704946476279.html

China’s BYD overtakes Tesla to sell more electric cars

BYD cars parked side-by-side for export to markets outside China.

Tesla has been dominating the electric vehicle (EV) scene across the world and has led the way for several years now. Even in the fourth quarter of 2023, Tesla managed to deliver an impressive 484,507 vehicles. But this number was less than what China’s BYD delivered in the same time period. And yes, BYD is the same company that was laughed at by Elon Musk during a 2011 interview.

Headquartered in Shenzen, BYD has been taking mammoth strides in the world of electric cars and in the final quarter of 2023, delivered 526,409 vehicles across the globe. Not only was this higher than what Tesla had delivered but higher by a significant margin. Pressing down on Tesla’s pain point, BYD also manufactured more vehicles in the fourth quarter than the Musk-led company did.

Interestingly, BYD also manufactures hybrid vehicles while Tesla only offers fully battery-powered models. But BYD’s lead comes taking into account sales of its battery-only models alone. It sold another 400,000 hybrid electric models in the final 2023 quarter.

BYD vs Tesla: The biggest battle in world of EVs

Tesla enjoys a cult status in many markets where it offers its EVs. Led by Musk, the world’s wealthiest person at present, the company has managed to leave established auto brands far behind even though it still is only present in a handful of markets. Its major markets are China, the US and western European countries.

BYD, on the other hand, is the biggest player in the Chinese EV scene and has started to expand its footprint to European markets as well. Established in 1995 as a battery-manufacturing company, BYD started manufacturing cars in 2023. But it is its strategy to have only fully electric and hybrid models, a decision taken in March of 2022, helped it pool in all its efforts towards these new-energy vehicles.

Source: https://auto.hindustantimes.com/auto/electric-vehicles/its-official-chinas-byd-overtakes-tesla-to-sell-more-electric-cars-41704251763414.html

Hyundai ropes in Deepika Padukone as brand ambassador ahead of 2024 Creta launch

Deepika Padukone with Hyundai Tucson SUV.

Hyundai Motor India Ltd. (HMIL) today announced that they have onboarded Bollywood actress Deepika Padukone as their brand ambassador. This news comes ahead of the 2024 Creta unveil which is scheduled to happen on 16th January. Shah Rukh Khan is also the brand ambassador for Hyundai. In fact, he has been associated with the brand for over two decades now and recently took delivery of 1,100 unit of Ioniq 5.

Hyundai is currently working on launching the 2024 Creta on 16th January. Creta has been an incredibly successful proposition for the manufacturer as it set the benchmark for other mid-size SUVs. The 2024 Creta will get some significant cosmetic changes. There will be updates to the interior as well. Moreover, Hyundai will also end up adding Advanced Driver Aids System to the mid-size SUV. The price of Creta will also go up once the facelift is launched.

Source: https://auto.hindustantimes.com/auto/news/hyundai-ropes-in-deepika-padukone-as-brand-ambassador-ahead-of-2024-creta-launch-41703827624962.html

Chinese carmaker BYD overtakes Tesla as world’s most popular EV Maker

Analysts expect BYD to launch its third-generation EVs next year offering more technology

Analysts expect some of those gaps to close considerably next year — they’re projecting Tesla will generate $114 billion in sales to BYD’s $112 billion.
Image Credit: Reuters

China’s BYD Co. bills itself as the biggest car brand you’ve never heard of. It might need a different tagline soon.

The automaker is poised to surpass Tesla Inc. as the new worldwide leader in fully electric vehicle sales. When it does “- likely in the current quarter “- it will be both a symbolic turning point for the EV market and further confirmation of China’s growing clout in the global automotive industry.

In a sector still dominated by more familiar names like Toyota Motor Corp., Volkswagen AG and General Motors Co., Chinese manufacturers including BYD and SAIC Motor Corp. are making serious inroads. After leapfrogging the US, South Korea and Germany over the past few years, China now rivals Japan for the global lead in passenger car exports. Some 1.3 million of the 3.6 million vehicles shipped from the mainland as of October this year were electric.

“The competitive landscape of the auto industry has changed,” said Bridget McCarthy, head of China operations for Shenzhen-based hedge fund Snow Bull Capital, which has invested in both BYD and Tesla. “It’s no longer about the size and legacy of auto companies; it’s about the speed at which they can innovate and iterate. BYD began preparing long ago to be able to do this faster than anyone thought possible, and now the rest of the industry has to race to catch up.”

The passing of the EV sales crown also reflects the shift in competitive dynamics between Tesla’s Elon Musk, the world’s richest executive, and BYD’s billionaire founder Wang Chuanfu.

Whereas Musk has been warning that not enough consumers can afford his EVs with such high interest rates, Wang is firmly on the offensive. His company offers half a dozen higher-volume models that cost much less than what Tesla charges for its cheapest Model 3 sedan in China.

When a Tesla owners’ club shared a clip in May of Musk snickering at BYD’s cars during a 2011 appearance on Bloomberg Television, Musk wrote back that BYD’s vehicles are “highly competitive these days.”

The likely change in the global EV pecking order marks the realization of a goal that Wang, 57, set back when China was just starting to foster its now world-beating electric car industry. While BYD continues to pull away from Tesla and all other auto brands at home, replicating its runaway success abroad is proving tricky.

Europe looks poised to join the US in slapping Chinese car imports with higher tariffs to shield thousands of manufacturing jobs. Other countries’ EV markets are still in their infancy and aren’t nearly as lucrative. Management views the US as virtually off-limits due to the escalating trade tensions between Washington and Beijing.

Wang is no Musk “- he eschews social media and largely steers clear of the limelight. But in an uncharacteristically brash address delivered weeks before the European Union opened an investigation into how China has subsidized its EV industry, Wang declared the time had come for Chinese brands to “demolish the old legends” of the auto world.

While many car buyers outside of China are still only dimly aware of BYD, Warren Buffett surely isn’t. In 2008, Berkshire Hathaway Inc. invested about $230 million for an almost 10% stake in the Chinese automaker. When Berkshire started paring its holding last year “- BYD shares were trading near their all-time high “- the value of its stake had soared roughly 35-fold to around $8 billion.

Source: https://gulfnews.com/auto/chinese-carmaker-byd-overtakes-tesla-as-worlds-most-popular-ev-maker-1.1703645369243

Amazon Is a Go-To for Toilet Paper and Batteries. Can It Sell Cars?

Willie Hall loves to browse and buy cars online, but he wants more options. Soon, he may turn to Amazon.com.

“I’m already a Prime member,” said Hall, who lives in Colorado and bought a used Fiat 500 Abarth on Carvana in 2021. “I’ve been with Amazon for God knows how long and know the way they operate.”

Amazon is eager to see just how many Willie Halls there are in the U.S. The company last month said shoppers next year will be able to browse, finance and complete a purchase of Hyundai vehicles on Amazon. Shoppers will only have to visit a dealership to pick up their car; the company is also working on delivering the vehicles.

Car sales represent Amazon’s next bet in e-commerce dominance and come after the Covid-19 pandemic made online car purchases more popular. Amazon executives want to make buying vehicles through its website as simple as purchasing toilet paper or dog food, and the company is looking to strike broad partnerships with carmakers.

Source: https://www.wsj.com/business/autos/amazon-sellings-cars-dc5f0669?st=br25m6ugbyriunp

Ola Electric IPO: Checkout top 10 key risk factors from the draft papers

Ola Electric IPO (REUTERS)

Ola Electric, the e-scooter manufacturer supported by SoftBank Group, submitted its initial draft papers to the Securities and Exchange Board of India (SEBI) to initiate an initial public offering (IPO) aimed at raising ₹5,500 crore, on Friday, December 22.

This marks the inaugural IPO from an Indian electric vehicle (EV) manufacturer and is notably the first IPO by a two-wheeler maker in India since the introduction of Bajaj Auto in 2008. With backing from Japan’s SoftBank and Singapore’s investment firm Temasek, the Bengaluru-based EV manufacturer achieved a valuation of $5.4 billion in a recent funding round.

The matter pertains to a new equity share issuance amounting to ₹5,500 crore and a simultaneous offer for sale (OFS) of 95,191,195 equity shares with a nominal value of ₹10 each. As per the preliminary documents dated December 22, Bhavish Aggarwal, the founder of Ola Electric, intends to divest up to 47.4 million shares. It’s worth noting that Aggarwal had previously made a ₹45 lakh investment in the Pune-based electric vehicle startup, Tork Motorcycles.

The company is yet to disclose the opening and closing dates for subscription for the IPO. Although the official announcement is pending, various media reports suggest that the public offering is expected to commence in early 2024. Additionally, details regarding the offer price and IPO price band remain undisclosed at this time.

Here are top 10 key risks involved in the upcoming public offer —

  1. The company has a limited operating history and has incurred losses and negative cash flows from operations.
  2. Ola Electric could experience defects, quality issues or disruptions in the supply or increase in prices of components used in its electric vehicles thus increasing material costs and the price of its electric vehicles and impacting projected manufacturing and delivery timelines.
  3. If the electric vehicles contain defects, do not perform as per industry standards and/or fail to meet the performance levels advertised, our brand and reputation and the ability to develop, market and sell its electric vehicles could be adversely impacted, and it may be compelled to undertake product recalls or similar corrective actions and have legal actions taken against the company.
  4. The company may face various risks that could hinder its in-house cell manufacturing capabilities at the Ola Gigafactory.
  5. It may not be able to compete successfully in the highly competitive and fast evolving automotive market.
  6. The company’s business depends substantially on the continued efforts of its key managerial personnel, Senior Management and other qualified personnel, and our operations may be disrupted if it loses their services.
  7. If the company is not able to attract and retain customers, the business, prospects, financial condition, results of operations, and cash flows would be materially harmed.
  8. Inadequate access to public charger guns for consumers could materially and adversely affect demand for the electric vehicles.

 

Source: https://www.livemint.com/market/ipo/ola-electric-ipo-checkout-top-10-key-risk-factors-from-the-draft-papers-11703392002226.html

Ola Electric IPO: From industry firsts, issue size to legal niggles, 10 things to know

Key Takeaways

India’s largest electric two-wheeler company by sales Ola Electric Mobility has filed draft red herring prospectus (DRHP) for its initial public offer (IPO). Here are top 10 things to know

Ola Electric IPO’s firsts

It will be the first Indian EV maker to raise funds from public investors and the IPO will be a first by an automobile company in two decades.

Ola Electric IPO size

The IPO comprises fresh issues and an offer for sale. The company plans to raise Rs 5,500 crore via the issue of fresh equity shares. In the OFS, up to 95,191,195 equity shares will be on offer by promoters and existing investors

Ola Electric IPO OFS

Promoter Bhavish Aggarwal will offload over 4.73 crore shares while promoter group Indus Trust will pare over 41,78 lakh shares. The cost of acquisition of shares for Aggarwal was negligible while that for the Trust was zero. Among investors, Softbank Group is the biggest seller, offering over 2.38 crore shares. Other key investors offering their shares are Matrix Partners, Tiger Global and Alpha Wave Ventures II.

Ola Electric IPO promoter/shareholders’ holdings

Promoter Bhavish Aggarwal holds 36.94% stake in Ola Electric while Indus Trust owns 3.85% stake. Softbank Group’s stake is at 21.98%. Tiger holds 6.03% stake on a pre-offer basis while Matrix Partners owns 3.51% stake.

Source: https://economictimes.indiatimes.com/markets/stocks/news/ola-electric-ipo-from-industry-firsts-issue-size-to-legal-niggles-10-things-to-know/ola-electric-ipo-risks/slideshow/106229418.cms

Tesla blamed drivers for failures of parts it long knew were defective

Wheels falling off cars at speed. Suspensions collapsing on brand-new vehicles. Axles breaking under acceleration. Tens of thousands of customers told Tesla about a host of part failures on low-mileage cars. The automaker sought to blame drivers for vehicle ‘abuse,’ but Tesla documents show it had tracked the chronic ‘flaws’ and ‘failures’ for years.

Shreyansh Jain was ecstatic in March when he picked up his first electric vehicle, a brand-new 2023 Tesla Model Y. He used a sizable chunk of family savings to buy it with cash.

“We were over the moon!” said Jain, an electronics engineer in Cambridge, England.

His exuberance came to a “grinding halt” one day later, with 115 miles on the odometer, Jain told Reuters. As he drove with his wife and three-year-old daughter, he suddenly lost steering control as he made a slow turn into their neighborhood. The vehicle’s front-right suspension had collapsed, and parts of the car loudly scraped the road as it came to a stop.

“They were absolutely petrified,” Jain said of his wife and daughter. “If we were on a 70-mile-per-hour highway, and this would have happened, that would have been catastrophic.”

The complex repair required nearly 40 hours of labor to rebuild the suspension and replace the steering column, among other fixes, according to a detailed repair estimate. The cost: more than $14,000. Tesla refused to cover the repairs, blaming the accident on “prior” suspension damage.

Jain is one of tens of thousands of Tesla owners who have experienced premature failures of suspension or steering parts, according to a Reuters review of thousands of Tesla documents. The chronic failures, many in relatively new vehicles, date back at least seven years and stretch across Tesla’s model lineup and across the globe, from China to the United States to Europe, according to the records and interviews with more than 20 customers and nine former Tesla managers or service technicians.

Individual suspension or steering issues with Teslas have been discussed online and in news accounts for years. But the documents, which have not been previously reported, offer the most comprehensive view to date into the scope of the problems and how Tesla handled what its engineers have internally called part “flaws” and “failures.” The records and interviews reveal for the first time that the automaker has long known far more about the frequency and extent of the defects than it has disclosed to consumers and safety regulators.

The documents, dated between 2016 and 2022, include repair reports from Tesla service centers globally; analyses and data reviews by engineers on parts with high failure rates; and memos sent to technicians globally, instructing them to tell consumers that broken parts on their cars were not faulty.

Neither Tesla nor top executive Elon Musk responded to detailed questions for this article. Musk has acknowledged some build-quality problems with Teslas in the past, particularly the entry-level Model 3. But he also says his cars have no peer.

“We make the best cars,” he said of Tesla at a New York Times event last month. “Whether you hate me, like me or are indifferent, do you want the best car, or do you not want the best car?”

Tesla’s handling of suspension and steering complaints reflects a pattern across Musk’s corporate empire of dismissing concerns about safety or other harms raised by customers, workers and others as he rushes to roll out new products or expand sales, Reuters has found.

A Reuters investigation in November documented at least 600 injuries at rocket-builder SpaceX, where employees described a culture of rushing dangerous projects with little regard for workers’ safety worries. In July, the news agency revealed how Tesla had created a secret team to suppress thousands of customer complaints about poor driving range. The report, which found that Tesla rigged an algorithm to inflate its cars’ in-dash range estimates, sparked a federal investigation. Late last year, Reuters exposed how hurried experiments at Musk’s brain-chip startup, Neuralink, resulted in the unnecessary suffering and deaths of laboratory animals, despite objections from workers seeking to protect them.

Neither Musk nor any of his companies commented for these reports. But he recently lashed out at critics of his social-media company, X, formerly Twitter, which has seen its revenue and market value plummet since Musk bought the firm for $44 billion about a year ago. At the live Times event, he went after advertisers who boycotted X over Musk’s endorsement of an antisemitic post on the social-media site. “Go fuck yourself,” the billionaire told companies who pulled their business.

Unlike traditional automakers, which use independent dealers to sell and repair vehicles, Tesla sells directly to customers and owns and operates a large portion of its service centers. That gives the automaker extraordinarily detailed real-time visibility into parts failures, repairs and warranty claims, which Tesla engineers meticulously tracked and analyzed for years, the company records show.

Yet the company has denied some of the suspension and steering problems in statements to U.S. regulators and the public– and, according to Tesla records, sought to shift some of the resulting repair costs to customers.

Tesla has blamed frequent failures of several parts on Tesla owners, alleging they abused the cars, according to interviews with former service managers, company records and a 2020 Tesla letter to the U.S. National Highway Traffic Safety Administration (NHTSA). In other cases, the automaker charged customers with out-of-warranty cars to replace parts that Tesla engineers internally called flawed or that they knew had high failure rates. Engineers ordered repeated redesigns for several parts and discussed seeking money back from suppliers because of the defects.

The records reveal persistent problems with low-tech suspension connections, such as upper and lower control arms, and fore and aft links. These parts are relatively inexpensive for Tesla and largely invisible to most consumers. But they play a critical role in safely connecting a car’s axle and wheels to its body and steering apparatus.

Two more complex and expensive parts also frequently failed: half shafts – the left and right drive axles – and steering racks, which often needed replacing after sudden power-steering outages that some Tesla owners said nearly caused accidents. One driver said in an interview that his brand-new 2023 Model Y jerked to the right when the power-steering suddenly failed at speed, nearly putting the vehicle into a ditch.

At least 11 drivers told Tesla a crash was caused by a failure in the suspension, steering or wheel assembly, company records show. Those accident claims, which have not been previously reported by the media, were recorded by Tesla staff between 2018 and 2021 and assigned to engineers or technicians for review.

In April 2021, the owner of a 2020 Model 3 with less than 15,000 miles on the odometer, went to a Tesla repair center in Brooklyn, New York, after an accident. The technician’s summary: “Front wheel fell off while driving on Autopilot at 60 mph,” referring to Tesla’s automated driving system. The wrecked car was sold, without the front wheel, in November 2021, auction records show.

This image from the website stat.vin, which tracks car auctions, shows a 2020 Tesla Model 3 that was damaged in an April 2021 accident. The vehicle’s front wheel fell off while driving at 60 mph, according to a Tesla technician’s summary of the incident.

The following month, another owner of a 2020 Model X in Madrid reported a wheel falling off while driving, the records show. Neither driver is identified in the records, which also do not detail how Tesla responded.

The suspension collapse in Jain’s car fortunately occurred at low speed. It was nonetheless shocking in a car he had owned for less than 24 hours. The automaker told him the suspension collapse was caused by the separation of a lower control arm from the steering knuckle, which connects to the wheel assembly. Jain expected Tesla to cover the damage.

A Tesla Service representative had texted Jain that an initial inspection found “no evidence of any external damage” that caused the incident and implied Tesla would pay for the repairs, according to a copy of the text Jain provided to Reuters.

About a week later, Tesla sent Jain a letter denying responsibility, saying it had inspected the vehicle and determined that the cause was “a prior external influenced damage to the front-right suspension.”

Jain said he was the only driver of the car during the one day he owned it and hadn’t had an accident before the suspension failure. “I was like, ‘Bloody hell, how can metal just snap like that when I know for sure the car has not hit anything?’” he said.

The repair took about three months. Jain paid a deductible of about $1,250 to have the work covered by his insurance company, which after the claim hiked his rates sharply on another car he owned, he said.

Fed up with the ordeal, Jain sold the repaired Tesla – for about $10,000 less than the $55,000 he paid for it.

Source: https://www.reuters.com/investigates/special-report/tesla-musk-steering-suspension/

Forty years on, memories of M800 linger as the car that altered personal mobility in India

At the brand centre of Maruti Suzuki India’s headquarters in South Delhi, among the many modern vehicles on display a tiny 40-year-old white car occupies a prominent space. It is no ordinary car but the first customer unit of the popularly known ‘Maruti 800’ or the M800 model that revolutionised personal mobility in India.

The first customer unit of the M800 (Maruti 800) model which is displayed at the brand centre of Maruti Suzuki India headquarters at Vasant Kunj, in New Delhi.

Launched on December 14, 1983 when India was still under the licence raj, M800 was also a witness as well a beneficiary of the economic liberalisation when the country’s economy was opened up in 1991, thus serving as a link between the old and new journey that India undertook.

Lovingly referred to as the ‘people’s car’, M800 shook up then sleepy passenger vehicles market in India, challenging the duopoly of Hindustan Motor’s Ambassador car and Premier Padmini. It soon became the symbol of aspiration for millions of middle class Indians.

Source: https://auto.hindustantimes.com/auto/cars/forty-years-on-memories-of-m800-linger-as-the-car-that-altered-personal-mobility-in-india-41702784606318.html

Exclusive: ‘Driverless cars will never come to India,’ says Nitin Gadkari at Zero Mile Samvad

Gadkari firmly stated his opposition to the introduction of driverless cars in India, expressing concerns about job losses for drivers.

He also specified that while Tesla is welcome in India, manufacturing in China for sales in India is not acceptable.

Addressing road safety concerns, Nitin Gadkari, the Minister of Road Transport and Highways in India, outlined several measures taken by the government to mitigate road accidents during the Zero Mile Samvad hosted by IIM Nagpur.

Gadkari emphasised changes in automobile engineering, such as incorporating six airbags in cars, reducing black spots on roads, and increasing fines through the Electric Motors Act.

“We have increased fines via the Electric Motors Act, kept ambulances and cranes so that things only become better from here. We also raise awareness every year,” Gadkari told Business Today TV’s Managing Editor Siddharth Zarabi.

However, Gadkari firmly stated his opposition to the introduction of driverless cars in India, expressing concerns about job losses for drivers. Gadkari said, “I will never allow driverless cars to come into India because it will take away the jobs of several drivers and I will not let that happen.”

He also specified that while Tesla is welcome in India, manufacturing in China for sales in India is not acceptable. “We will allow Tesla to come to India but they cannot manufacture in China and sell it in India. That is an impossible thing to happen,” Gadkari told Business Today.

Source: https://www.businesstoday.in/auto/story/exclusive-driverless-cars-will-never-come-to-india-nitin-gadkari-at-zero-mile-samvad-409765-2023-12-16

Mahindra XUV300 Facelift Expected To Launch In February 2024, Deets Inside

Mahindra XUV300 Facelift Expected To Launch In February 2024. (Representational Image)

Mahindra is gearing up to launch an updated version of the XUV300, its compact SUV model.

The XUV300 competes with other vehicles in its segment such as the Tata Nexon, Maruti Brezza, and Hyundai Venue.

Recent sightings of test mules indicate ongoing testing and development of the upgraded subcompact SUV. Autocar India suggests that Mahindra is likely to introduce the new XUV300 in February 2024, with pricing details to be revealed around the same time. It’s worth noting that the launch of the updated XUV400 EV is set to precede the release of the redesigned XUV300, with the former hitting the market in January 2024.

MAHINDRA XUV300 FACELIFT: DETAILS ON LAUNCH
There is fierce competition in the subcompact SUV market, and it appears that the XUV300 is falling behind. Tata Motors gave the Nexon a major facelift in September 2023, and Kia is set to give the Sonet a similar treatment later this month. Hyundai and Maruti have maintained the modernity of their corresponding subcompact SUVs.

Apart from styling changes, the XUV300 facelift will include features such as a segment-first panoramic sunroof and a larger 10.25-inch infotainment screen. Reports also state that there will be no ADAS or 360-degree camera available.

Source: https://www.news18.com/auto/mahindra-xuv300-facelift-expected-to-launch-in-february-2024-deets-inside-8700778.html

Tesla recalls nearly all vehicles sold in US to fix system that monitors drivers using Autopilot

Tesla is recalling nearly all vehicles sold in the U.S., more than 2 million, to update software and fix a defective system that’s supposed to ensure drivers are paying attention when using Autopilot.

Documents posted Wednesday by U.S. safety regulators say the update will increase warnings and alerts to drivers and even limit the areas where basic versions of Autopilot can operate.

The recall comes after a two-year investigation by the National Highway Traffic Safety Administration into a series of crashes that happened while the Autopilot partially automated driving system was in use. Some were deadly.

The agency says its investigation found Autopilot’s method of making sure that drivers are paying attention can be inadequate and can lead to “foreseeable misuse of the system.”

The added controls and alerts will “further encourage the driver to adhere to their continuous driving responsibility,” the documents said.

But safety experts said that, while the recall is a good step, it still makes the driver responsible and doesn’t fix the underlying problem that Tesla’s automated systems have with spotting and stopping for obstacles in their path.

The recall covers models Y, S, 3 and X produced between Oct. 5, 2012, and Dec. 7 of this year. The update was to be sent to certain affected vehicles on Tuesday, with the rest getting it later.

Shares of Tesla slid more than 3% in earlier trading Wednesday but recovered amid a broad stock market rally to end the day up 1%.

The attempt to address the flaws in Autopilot seemed like a case of too little, too late to Dillon Angulo, who was seriously injured in 2019 crash involving a Tesla that was using the technology along a rural stretch of Florida highway where the software isn’t supposed to be deployed.

“This technology is not safe, we have to get it off the road,” said Angulo, who is suing Tesla as he recovers from injuries that included brain trauma and broken bones. “The government has to do something about it. We can’t be experimenting like this.”

Autopilot includes features called Autosteer and Traffic Aware Cruise Control, with Autosteer intended for use on limited access freeways when it’s not operating with a more sophisticated feature called Autosteer on City Streets.

The software update will limit where Autosteer can be used. “If the driver attempts to engage Autosteer when conditions are not met for engagement, the feature will alert the driver it is unavailable through visual and audible alerts, and Autosteer will not engage,” the recall documents said.

Depending on a Tesla’s hardware, the added controls include “increasing prominence” of visual alerts, simplifying how Autosteer is turned on and off, and additional checks on whether Autosteer is being used outside of controlled access roads and when approaching traffic control devices. A driver could be suspended from using Autosteer if they repeatedly fail “to demonstrate continuous and sustained driving responsibility,” the documents say.

According to recall documents, agency investigators met with Tesla starting in October to explain “tentative conclusions” about the fixing the monitoring system. Tesla did not concur with NHTSA’s analysis but agreed to the recall on Dec. 5 in an effort to resolve the investigation.

Auto safety advocates for years have been calling for stronger regulation of the driver monitoring system, which mainly detects whether a driver’s hands are on the steering wheel. They have called for cameras to make sure a driver is paying attention, which are used by other automakers with similar systems.

Philip Koopman, a professor of electrical and computer engineering at Carnegie Mellon University who studies autonomous vehicle safety, called the software update a compromise that doesn’t address a lack of night vision cameras to watch drivers’ eyes, as well as Teslas failing to spot and stop for obstacles.

“The compromise is disappointing because it does not fix the problem that the older cars do not have adequate hardware for driver monitoring,” Koopman said.

Koopman and Michael Brooks, executive director of the nonprofit Center for Auto Safety, contend that crashing into emergency vehicles is a safety defect that isn’t addressed. “It’s not digging at the root of what the investigation is looking at,” Brooks said. “It’s not answering the question of why are Teslas on Autopilot not detecting and responding to emergency activity?”

Koopman said NHTSA apparently decided that the software change was the most it could get from the company, “and the benefits of doing this now outweigh the costs of spending another year wrangling with Tesla.”

In its statement Wednesday, NHTSA said the investigation remains open “as we monitor the efficacy of Tesla’s remedies and continue to work with the automaker to ensure the highest level of safety.”

Autopilot can steer, accelerate and brake automatically in its lane, but is a driver-assist system and cannot drive itself, despite its name. Independent tests have found that the monitoring system is easy to fool, so much that drivers have been caught while driving drunk or even sitting in the back seat.

Source: https://apnews.com/article/tesla-autopilot-recall-driver-monitoring-system-8060508627a34e6af889feca46eb3002

Tesla Delivery Event: Cybertruck Beat Porsche While Towering Another 911 In Drag Race

At the Tesla Cybertruck Delivery Event, a cybertruck beat a Porsche 911. The truck won despite running from zero to 60 mph in 2.6 seconds. The truck won the drag race while towering another 911.

Tesla Cybertruck

At the Tesla Cybertruck Delivery Event, the company’s newly launched cybertruck beat a Porsche 911. The cybertruck won despite running from zero to 60 mph in 2.6 seconds. The truck won the drag race while towering another 911.

Tesla shared the video of its Cybertruck beating a Porsche 911 on its official X handle.

Earlier during Tesla’s event on Thursday, the company’s CEO, Elon Musk, remarked, “Once in a long while, a product comes along that is rare.” Musk was speaking against the backdrop of the Cybertruck. Tesla has started delivery of its highly anticipated vehicle.

While emphasising that critics had called Tesla’s Cybertruck almost “impossible,” to achieve a successful launch, Musk remarked, “Once every five to 10 years, something really special, a really unusual product comes along. We all remember those special moments. But these things are rare.”

Source: https://www.timesnownews.com/world/tesla-delivery-event-cybertruck-beat-porsche-while-towering-another-911-in-drag-race-video-article-105637143

JSW and MG Motor explore dual brand strategy as part of alliance talk

Both companies are likely to steer two independent brands, while the M G brand will continue to build its presence with ICE and EV portfolio, a new brand steered by JSW Group will focus purely on EV and high-performance EVs.

As the negotiation between M G Motor and JSW Group reaches the final leg, a dual brand strategy is being mooted as part of the future growth prospects for the alliance.

Several people in the know say that M G Motor and JSW Group are exploring a twin-track approach – one to sustain with the M G brand which has established itself well in the Indian market – and the other is an all-new brand – which may be dedicated for EVs – something that JSW Group is keen on investing in.

Source: https://www.autocarpro.in/news/exclusive-jsw-and-mg-motor-explore-dual-brand-strategy-as-part-of-alliance-talk-118017

Several Flights Affected As Rain Lashes Delhi, Mumbai; Angry Passengers Slam Airlines

Flights to and from Mumbai are also impacted due to bad weather and air traffic congestion.(File photo: News18)

As many as sixteen flights to and from New Delhi’s Indira Gandhi International Airport were affected after rain lashed parts of the national capital on Monday evening. Flights to and from Mumbai are also impacted due to bad weather and air traffic congestion.

IndiGo, Vistara and SpiceJet informed passengers on social media regarding delays and diversions of flights.

Vistara’s Guwahati-Delhi Flight (UK742) and nine other flights were diverted to Jaipur, three to Lucknow, two to Amritsar and one to Ahmedabad airport.

“We are facing ATC congestion at Delhi (DEL) due to bad weather. All departures/arrivals and their consequential flights might be affected. Passengers are requested to keep a check on their flight status,” a statement by SpiceJet read.

ANGRY PASSENGERS SLAM AIRLINES ON SOCIAL MEDIA
Passengers expressed their anger against airlines on social media platform X after delays and diversions of flights.

Source: https://www.news18.com/auto/flights-affected-rain-lashes-delhi-mumbai-bad-weather-check-flight-status-latest-news-8678811.html

Iconic 1962 race car becomes most expensive Ferrari ever sold at auction

The “Holy Grail” hypercar has a legendary status on the racing track and has been dubbed a “once-in-a-generation” chance acquisition.

The hypercar was previously owned by a chairman of the Ferrari Club of America. Pic: Sotheby’s

A 1962 Ferrari has sold for a record $51.7m (£42m) at a Sotheby’s auction in New York.

The striking red 330 LM/250 GTO model, which is the only GTO Tipo 1962 to have been raced by Formula 1’s Scuderia Ferrari, has become the most valuable Ferrari and the second highest priced car to be sold at auction.

Dubbed a “once-in-a-generation” chance purchase, the iconic vehicle – which was given the chassis number 3765 – was claimed by its new owner after nearly four decades in private ownership.

Alongside making sales history, the model has a legendary status on the racing track having won second place at the 1962 Nürburgring 1,000km in Germany and was placed second in the GTO class at the 2011 Pebble Beach Concours d’Elegance.

The “Holy Grail” hypercar was previously owned by a chairman of the Ferrari Club of America.

It won an FCA Platinum Award, the Coppa Bella Macchina at the Cavallino Classic and received a Best of Show at the Amelia Island Concours d’Elegance in Florida.

Mike Parkes and Lorenzo Bandini piloted the car for Scuderia Ferrari at the 1962 24 Hours of Le Mans race, and it also secured the position of runner-up in the 1965 Sicilian Hillclimb Championship.

Source: https://news.sky.com/story/iconic-1962-race-car-becomes-most-expensive-ferrari-ever-sold-at-auction-13008126

Piyush Goyal tours Tesla factory in US; Elon Musk says sorry for his absence

Piyush Goyal visited Tesla’s factory in California, however, the expected meeting with CEO Elon Musk did not take place.

Piyush Goyal at US Tesla factory.(X/Piyush Goyal)

Union commerce minister Piyush Goyal visited Tesla’s California manufacturing factory on Tuesday. However, the much anticipated meet between Goyal and electric vehicle maker’s chief Elon Musk didn’t happen.

“Extremely delighted to see talented Indian engineers & finance professionals working at Senior positions and contributing to Tesla’s remarkable journey to transform mobility,” Goyal wrote on X after visiting the Tesla’s manufacturing facility at Fremont, California.

The minister lauded “growing importance of Auto component suppliers from India in the Tesla EV supply chain”.

“It is on its way to double its components imports from India,” he wrote.

Piyush Goyal is in San Francisco to attend the ministerial engagements of Indo-Pacific Economic Framework and the Asia-Pacific Economic Cooperation.

Tesla’s Chief Executive Officer Musk was likely to meet Goyal to discuss the company’s plans to set up a factory in India. .

“Missed Elon Musk’s magnetic presence and I wish him a speedy recovery,” Goyal wrote.

“It was an honor to have you visit Tesla! My apologies for not being able to travel to California today, but I look forward to meeting at a future date,” Billionaire Musk replied to the post.

The government is planning to offer tax cuts on the imports of completely-built units of EVs, for a period of up to five years. It is seen as an attempt to woo likes of Tesla Inc. to sell and eventually make its cars in the country, where EV market is still in nascent stage.

Source: https://www.hindustantimes.com/car-bike/piyush-goyal-tours-tesla-factory-in-us-elon-musk-says-sorry-for-his-absence-101699938394770.html

Honda showcases flying car, Toyota reveals EV concept at Japan Auto Show

Japan’s carmakers are staging their first motor show in four years to make the case they’ll remain major global forces to be reckoned with in the electric-vehicle age.

A general view of the Honda Prelude Concept during its unveiling at a press day of the Japan Mobility Show 2023 at Tokyo Big Sight in Tokyo, Japan.
A general view of the Honda Prelude Concept during its unveiling at a press day of the Japan Mobility Show 2023 at Tokyo Big Sight in Tokyo, Japan.

The rebadged Japan Mobility Show will be counter-programming of sorts to worrisome trends: the host country may well lose its position as the world’s top car exporter to China, and third-largest economy to Germany this year. With their domestic market shrinking and parts of Europe and the US rapidly embracing EVs, Toyota Motor Corp., Honda Motor Co. and their peers are under escalating pressure to transition from internal combustion engines.

Honda Takes on Air, Sea and Space

Honda is showing an electric-powered vertical takeoff and landing aircraft, an avatar robot as well as its HondaJet business plane at the show.

“My dream is to create a world where people can move freely on the ground, sea and air, as well as outer space, in vehicles bearing the Honda logo, CEO Toshihiro Mibe said during a presentation.

The Prelude appears to be making a comeback. The popular two-door sports car, which was retired in 2001, is now under development as an electric vehicle.

“Honda has been focusing on sports cars in all eras,” Mibe said. “This is something that only Honda can do.”

Subaru Has a Motorsports EV and Flying Car

Subaru unveiled a motorsports EV concept as well as a flying car it said has already taken to the skies in preliminary tests. The key is figuring out how people will adapt to them.

“We believe air mobility will become a useful means of transportation in the future, but for that we need customers to appreciate how it might fit into their lifestyles,” CEO Atsushi Osaki told reporters. “That will take time.”

Mercedes Hoping to Double Japan EV Sales in 2023

Mercedes-Benz Japan CEO Kintaro Ueno said he’s hopeful the company will double its EV sales in the country this year, having sold about 1,000 in 2021 and twice as many in 2022.

The German automaker, which launched revamped versions of its GLE SUVs last month, is considering installing fast chargers in Japan in 2024 to help drivers efficiently power their vehicles, Ueno said.

Source: https://auto.hindustantimes.com/auto/cars/japan-auto-show-honda-goes-all-out-with-flying-car-toyota-reveals-new-ev-concept-41698208849303.html

Delhi HC stays FIR proceedings against Hero MotoCorp’s chairman in forgery case

The Delhi High Court on Thursday stayed the criminal proceedings against two-wheeler manufacturer Hero MotoCorp and its officials including chairman Pawan Munjal, in a case of alleged forgery, reported PTI. Delhi HC Justice Swarana Kanta Sharma has reportedly said that the stay on the proceedings based on the FIR as well as the trial court order will remain in force till December 6, which is the next date of hearing.

This move comes as a relief for India’s biggest two-wheeler manufacturer and its key officials including chairman Pawan Munjal, against whom an FIR was filed with the Delhi Police on October 5 this year by one of the service providers of the automaker. The service provider named Brain Logistics accused the automaker of forgery and falsifying the accounts book. Hero MotoCorp too issued an official statement to the Bombay Stock Exchange immediately after that, saying that the auto company too had filed an FIR against the service provider in 2013. Hero MotoCorp also stated that the matter is ongoing before the court.

The latest order from the Delhi High Court stayed the proceedings based on the FIR filed against Hero MotoCorp and its key officials reportedly stayed the trial court order as well. Earlier, the trial court had reportedly directed the registration of an FIR against the named officials on a complaint alleging that Hero MotoCorp manufactured fake bills worth 5.9 crore and obtained tax credit of over 55 lakh. After that, the two-wheeler manufacturing company, its chairman and officials reportedly approached the high court challenging the trial court’s order.

The Delhi High Court, in the meantime, has reportedly asked the parties to explore the possibility of a settlement. “The operation of the (trial court) order and the proceedings in the FIR shall remain stayed. Parties to explore possibilities of a compromise. The counsel shall take instructions regarding compromise,” the Delhi High Court has reportedly said.

Source: https://auto.hindustantimes.com/auto/news/relief-for-hero-motocorp-chairman-pawan-munjal-till-december-6-delhi-high-court-stays-proceedings-based-on-fir-41697167380791.html

Bengaluru: No More Carpooling in City, Check New Rules For Private Vehicles

Representational Image. (Photo: Shutterstock)

An easy and money-saving hack carpooling is now can land you in soup, as the Bengaluru government has banned the activity and the use of platforms that offer the same.

As per the details shared by the transport department, those who will be caught using a private vehicle for commercial purposes through applications like Quick Ride and Bla Bla Cars will face heavy challans of Rs 10,000, cancellation of their car registration, or both.

Cab Driver on Carpooling
The strict decision has been taken by Bengaluru’s transport department after getting tons of complaints from the local taxi drivers. While raising concern in the matter, the cab driver highlighted that these carpooling mobile application is killing the business as people have started using private vehicles with white number plates for commercial purpose, which is completely wrong and not acceptable even on legal terms.

Here’s How Top Official Reacted About Carpooling

Reacting to the new rule and carpooling activity in the city, Additional Commissioner for Transport (Enforcement), Malikarju C said that private vehicles can not be used for commercial purposes. if anyone is found violating the rule, they may end up facing serious penalties or authorities will cancel their registration certificate for six months, Malikarju added.

Despite introducing heavy challans and other punishments, the public in Bengaluru still finds the carpooling apps a convenient way of traveling as it costs less, makes their commute easy, and provides them a big relief from traffic.

Bengaluru: No More Carpooling in City, Check New Rules For Private Vehicles

Representational Image. (Photo: Shutterstock)

An easy and money-saving hack carpooling is now can land you in soup, as the Bengaluru government has banned the activity and the use of platforms that offer the same.

As per the details shared by the transport department, those who will be caught using a private vehicle for commercial purposes through applications like Quick Ride and Bla Bla Cars will face heavy challans of Rs 10,000, cancellation of their car registration, or both.

Cab Driver on Carpooling
The strict decision has been taken by Bengaluru’s transport department after getting tons of complaints from the local taxi drivers. While raising concern in the matter, the cab driver highlighted that these carpooling mobile application is killing the business as people have started using private vehicles with white number plates for commercial purpose, which is completely wrong and not acceptable even on legal terms.

Here’s How Top Official Reacted About Carpooling
Reacting to the new rule and carpooling activity in the city, Additional Commissioner for Transport (Enforcement), Malikarju C said that private vehicles can not be used for commercial purposes. if anyone is found violating the rule, they may end up facing serious penalties or authorities will cancel their registration certificate for six months, Malikarju added.

Despite introducing heavy challans and other punishments, the public in Bengaluru still finds the carpooling apps a convenient way of traveling as it costs less, makes their commute easy, and provides them a big relief from traffic.

Source: https://www.news18.com/auto/bengaluru-no-more-carpooling-in-city-check-new-rules-for-private-vehicles-8599249.html

Ford suddenly pauses massive EV battery project that Republicans are probing over CCP ties

Ford repeatedly defended the proposed billion-dollar factory despite its reliance on Chinese company for key technology

U.S. automaker Ford Motor Company announced Monday that it would pause construction of a billion-dollar plant in Michigan involving a Chinese electric vehicle battery company.

Ford said in a statement to FOX Business that work on the factory had been paused and spending would be limited, but declined to pinpoint the exact considerations that factored into the decision. The Detroit-based company also said it hadn’t made a final decision about the project despite repeatedly defending it for months.

“We’re pausing work and limiting spending on construction on the Marshall project until we’re confident about our ability to competitively operate the plant,” Ford spokesperson T.R. Reid told FOX Business. “We haven’t made any final decision about the planned investment there.”

Ford announced in a ceremony earlier this year that it would invest $3.5 billion to build the plant in Marshall, Michigan. As part of the announcement, the U.S. automaker said it had reached an agreement with Contemporary Amperex Technology (CATL), a Ningde, China-based firm, to manufacture battery cells at the plant using services provided by the Chinese company.

Ford CEO Jim Farley announces his company’s deal with Contemporary Amperex Technology during a press conference in February. (Bill Pugliano/Getty Images / Getty Images)

While Democrats including Michigan Gov. Gretchen Whitmer applauded Ford’s announcement, since it was unveiled in February, Republicans and national security experts have blasted the company for teaming up with a Chinese firm with ties to the Chinese Communist Party on such a major investment.

The plan had been considered for Virginia, though it never reached a final discussion stage. Republican Gov. Glenn Youngkin opposed the plant over China’s potential influence in the plan and argued that “CATL and the Chinese Communist Party would have full operational control over the technology.”

“We applaud that the construction of this reckless deal has been halted,” former U.S. Ambassadors Peter Hoekstra and Joseph Cella, co-founders of the Michigan-China Economic and Security Review Group, said Monday. “From the outset, Ford Motor Company, the State of Michigan, the Michigan Economic Development Corporation and all other parties to it have been irresponsible in advancing this deal.”

“There was zero strict scrutiny or due diligence, concerns of our intelligence and national security agencies were ignored and mocked,” they continued. “The halting of the construction is the natural result of the consent of the governed being ruptured by government and business elites. With citizen activists, we are not relenting or letting our guard down. We will keep fighting against the Ford-CATL and Gotion deals until they are no more.”

Source: https://www.foxbusiness.com/politics/ford-suddenly-pauses-massive-ev-battery-project-republicans-probing-ccp-ties

 

2023 Kia Seltos crosses 50,000 bookings in two months of being launched

Kia India on Tuesday announced that its new 2023 Seltos has crossed the 50,000-mark for bookings in just two months of being launched. With this, Kia has become one of the fastest OEMs to cross the mark in the mid-SUV segment. The company has also completed four lakh units domestic deliveries of Seltos this month and a total of 5,47,000 deliveries of the model, including exports.

2023 Kia Seltos

Revealing key facts about the bookings analytics, the company said that more than 800 bookings are being made for the model every day and 77% of the total bookings have been made for the top-end variants, HTX onwards. While 47% of the total bookings were made for variants that come equipped with Advanced Driver Assistance Systems (ADAS), pointing to the growing preference for safety and technology features among Indian buyers.

Another key revelation is that 40% of the consumers have opted for diesel variants of the 2023 Seltos. In response to the growing demand for the model, the OEM has optimised its production with an aim to keep the waiting period at a minimum. “Seltos has become one of the most trusted and comfortable driving experience for new-age customers,” said Myung-sik Sohn, Chief Sales and Business Officer, Kia India.

Source: https://auto.hindustantimes.com/auto/cars/2023-kia-seltos-mid-size-suv-surpasses-50-000-bookings-gets-800-bookings-every-day-41695114807239.html

Jeep Compass 4X2 AT variant becomes cheaper by Rs 6 lakh

The American SUV manufacturing giant, Jeep, has launched the all-new, more affordable variants of its popular compact SUV, the Jeep Compass. The company is now offering the Compass diesel with the 9-speed automatic transmission in the 4X2 variants as well. Prior to this, the Jeep Compass came with this transmission only in the top-spec 4X4 trims. The company has launched the new Jeep Compass 4X2 automatic variants with a starting price of Rs 23.99 lakh. Additionally, the company has lowered the pricing of the base variant of this car, and it now starts at Rs 20.49 lakh.

Jeep Compass: New AT 4X2 variants

For the new 2023 model year, the company has also introduced a new variant to the lineup of their popular SUV. Now the Jeep Compass will come available in 5 variants, namely the Sport, Longitude, Longitude+, Limited, and Model S. As mentioned, the pricing for the 2023 Compass has also been revised, and it now starts at a more affordable price of Rs 20.49 lakh. Prior to this, the Compass was only offered in three trims, and the price started at Rs 21.73 lakh (ex-showroom).

The biggest update for the 2023 Jeep Compass is that the 9-speed automatic transmission now becomes available starting from the newly launched Longitude variant. This variant has been priced at Rs 23.99 lakh, which is almost Rs 6 lakh lower than the previous Limited 4X4 automatic variant. According to the company, the Compass with the new 9-speed automatic transmission will be able to provide a fuel efficiency of around 16.2 kmpl. On a side note, the base-spec Compass in the Sport variant will come only with a manual transmission.

Source: https://www.cartoq.com/jeep-compass-4×2-at-lvariant-becomes-cheaper-by-rs-6-lakh/

Diesel car price hike: Gadkari clarifies remark on 10% additional tax

Soon after Union Minister for Road Transport and Highways Nitin Gadkari’s comment on the proposal of 10 per cent additional GST on diesel engine vehicles was reported, he denied any such proposal. The union minister took to social media platform X (previously Twitter) to make a clarification, stating that there is no such proposal currently under active consideration by the Indian government.

Union transport minister Nitin Gadkari made a U-turn on his comment on the proposal of 10 per cent additional GST on diesel vehicles.

Earlier on Tuesday, Gadkari said that he would draft a proposal to the Finance Minister asking for a 10 per cent GST on diesel engine-powered vehicles. The idea behind this strategy was to discourage the automakers from manufacturing and selling diesel engine-powered vehicles in India. He also stated that if the auto industry doesn’t stop making diesel cars, the government would increase taxes in a way that will make selling diesel vehicles difficult.

However, soon after that, Gadkari took to X to make the clarification, where he stated that there is no such proposal currently under active consideration by the government. “There is an urgent need to clarify media reports suggesting an additional 10% GST on the sale of diesel vehicles. It is essential to clarify that there is no such proposal currently under active consideration by the government. In line with our commitments to achieve Carbon Net Zero by 2070 and to reduce air pollution levels caused by hazardous fuels like diesel, as well as the rapid growth in automobile sales, it is imperative to actively embrace cleaner and greener alternative fuels. These fuels should be import substitutes, cost-effective, indigenous, and pollution-free,” the minister wrote in his social media post.

Source: https://auto.hindustantimes.com/auto/news/diesel-car-price-hike-gadkari-clarifies-remark-on-10-additional-tax-41694506201262.html

India is one of the world’s fastest-growing EV markets. This is why

Groceries stashed in the back of an electric delivery scooter are an increasingly familiar sight in the Indian city of Bengaluru. In crowded markets, electric rickshaws drop off and pick up passengers. And the number of tech startups focused on electric transport has shot up as the city — and country — embrace electric vehicles.

India is one of the fastest-growing electric vehicle markets in the world and now has millions of EV owners. More than 90% of its 2.3 million electric vehicles are the cheaper and more popular two- or three-wheelers — that’s motorbikes, scooters and rickshaws — and over half of India’s three-wheeler registrations in 2022 were electric, according to an IEA report released in April.

A $1.3 billion federal plan to encourage EV manufacturing and provide discounts for customers, along with the past decade’s rising fuel costs and consumer awareness of the long-term cost benefits are combining to drive up sales, analysts say.

Balaji Premkumar, center, a 25-year-old rickshaw delivery driver who switched to an electric vehicle this year, watches as staff of a furnishing outlet unload goods delivered by him in Bengaluru, India, Monday, May 29, 2023. (AP Photo/Aijaz Rahi)

Electric vehicles are one solution to bring down planet-warming emissions and improve air quality — with road transport contributing significantly to global emissions. For the electric vehicles market to successfully slash carbon, experts say moving electricity generation away from fossil fuels, managing critical mineral supply chains and boosting EV sales across different socioeconomic backgrounds in the country will be key.

Balaji Premkumar, a 25-year-old rickshaw delivery driver, switched to an EV earlier this year. At most traffic stops he’s surrounded by gas-powered three-wheelers that rumble and rattle, spewing thick smoke into the air — something that his used to do, too, before he went electric.

Premkumar said the new vehicle is easier and more comfortable to drive and he can already see a cost difference. “If I spend 60 rupees (0.72 cents) to charge the vehicle for three hours, I get 80 kilometers (50 miles). In a diesel vehicle I’ll be spending at least 300 rupees ($3.60) to get the same mileage,” he said.

Source: https://apnews.com/article/electric-vehicles-india-boom-rickshaws-55e7ed315fc41d0ba56461386ad44a4b

MG Cyberster’s specs revealed, promises 528 bhp and 0-100 kmph in 3.2 seconds

MG Cyberster has been making headlines since 2021 when the British car manufacturer first unveiled the pure electric roadster in concept form. The production version of the MG EV broke cover earlier this year at the Goodwood Festival of Speed. Now, the automaker has revealed the technical specifications of the upcoming electric roadster. The EV is slated to go on sale next year.

MG Cyberster is a pure electric roadster that promises a 519 km range on a single charge.

MG has revealed that the upcoming two-seater electric roadster will be powered by dual electric motors, with each powering one axle and channelling power to all the wheels. The EV claims to come promising 528 bhp of peak power and 725 Nm maximum torque. Also, it will be able to sprint to 100 kmph from a standstill position in 3.2 seconds, revealed the automaker. The energy for the MG Cyberster will be generated by a 77 kWh lithium-ion battery pack that can offer a range of up to 570 km on a single charge.

The open-top sportscar with scissor doors will come weighing 1,984 kg, which is quite heavy considering the Cyberster is an electric car. The Cyberster will arrive measuring 4,533 mm in length, 1,912 mm in width, and 1,328 mm in height. Also, the upcoming MG Cyberster claims to come with a wheelbase of 2,689 mm.Mg Ehs (HT Auto photo)

Source: https://auto.hindustantimes.com/auto/electric-vehicles/mg-cybersters-specs-revealed-promises-528-bhp-and-0-100-kmph-in-3-2-seconds-41693118153866.html

Indian family embarks on road trip to London in 73-year-old MG vintage car

Road trips have become quite popular among Indians and thanks to modern-day technology, they’ve also become easier to plan. But it is not everyday that you would hear of a family taking on the road to chart a 12,000-kilometre course, traversing 16 countries, and that too in a 73-year-old vintage car. Three generations of an Ahmedabad-based family have embarked on a one-of-its-kind road trip to London in a 1950 MG vintage car.

If you’re an avid traveler and an automobile enthusiast, their journey will certainly strike a chord with you. The Thakore family claims to be the first Indian family to undertake such an expedition in what they affectionately call, the Lal Pari (Red Angel). The road trip, which is expected to last for about 60 days, will take them through the UAE, Iran, Azerbaijan, Georgia, Turkey, and several other countries, while finally culminating in the UK.

Lal Pari calls on London

Daman Thakore, along with his father and 21-year-old daughter started the trip from Gandhinagar on August 10, where they were flagged off by Shri Mulubhai Bera, Gujarat’s Tourism Minister. They reached Mumbai on August 13 and two days later, they were flagged off by Maharashtra Tourism Minister, Girish Mahajan. The family has now shipped their car to Dubai and will commence their international land journey from August 26.

The Thakore family plans to cover approximately 200 to 250 kms per day with an average speed of about 35 km/hour in the vintage car. This is estimated to be a six to eight hour travel time each day. A specially created caravan, called Lal Pari ki Saheli, will be accompanying them on their day-to-day expeditions. Part of the caravan will have a photographer and filmmaker who will help capture golden moments of the trip to create a documentary out of it. A vintage car expert and an expedition planner are also a part of the caravan team to help the family smoothly reach their destination.

Source: https://auto.hindustantimes.com/auto/news/indian-family-embarks-on-road-trip-to-london-in-73-year-old-mg-vintage-car-41692779784584.html

Rolls-Royce La Rose Noire Droptail debuts; costs over ₹200 crore

British luxury automobile maker Rolls-Royce has debuted its latest coachbuilt masterpiece – the La Rose Noire Droptail, which is the first of the four Droptail commissions. The ultra-customized vehicle, which costs more than $30 million (approx. ₹211 crore), was recently presented to the clients who commissioned it at a private event close to Pebble Beach in California. With this pricing, it has become the world’s most expensive car.

The La Rose Noire is inspired by the Black Baccara rose – a velvet-like flower that originates in France and is a favourite of the mother of the commissioning family. The colour of its petals is a dark pomegranate colour which appears almost black in shade but in direct light, it appears like a red with shimmer. These two hues form the primary colour palette of the vehicle.

Source : https://auto.hindustantimes.com/auto/cars/rollsroyce-la-rose-noire-droptail-debuts-costs-over-rs-200-crore-41692679339395.html

TRAGIC END Horror photos of Tesla that ‘exploded’ show charred wreckage as widow sues Elon Musk’s company over ‘dangerous’ cars

ELON Musk’s company Tesla has been slammed with a lawsuit by a heartbroken widow who claims the electric vehicle is to blame for her husband’s death.

Jiyoung Yoon’s partner Jyung Woo Hahn, 46, allegedly died when his “defective” Tesla smashed into a tree and trapped him inside an inferno caused by the lithium battery.

A grieving widow has sued Tesla for allegedly selling her husband a faulty vehicleCredit: Getty
Jiyoung Yoon claimed in the suit that Jyung Woo Hahn, 46, survived a crash into a tree, but burned to death while he was trapped in the carCredit: Jiyoung Yoon
She is seeking reparations for emotional and physical damagesCredit: Jiyoung Yoon

On March 12, 2022, Hahn’s 2020 white Model-S skidded off the snow-covered highway in Bergan County, New Jersey, and burst into flames.

Fire officials said the battery ruptured and made the blaze extremely difficult to extinguish.

The dad-of-two was declared dead at the scene.

In a lawsuit filed on Friday, his grieving widow claims that Hahn survived the crash, but burned to death after he was trapped in the faulty vehicle.

Tesla is being accused of designing, manufacturing, and selling an “unreasonably dangerous” car that caused Hahn’s suffering and death.

Horrifying photos revealed by the plaintiff show the charred remains of what was once a luxury car.

The interior was completely disintegrated by the blaze which burned at temperatures of over 700 degrees Fahrenheit thanks to the battery, fire officials said.

Crews used more than 1,000 gallons of water to put out the fire.

Source : https://www.the-sun.com/news/8896295/tesla-crash-lawsuit-photos-wreckage

New crash testing norms for cars from October

Bharat NCAP’s testing scope will not be confined solely to passive safety tests and examinations of internal combustion engine vehicles. The program will broaden its reach to include the evaluation and rating of CNG and electric vehicles based on their crash performance. The final notification is expected early next week.

The final notification is expected early next week.

India is set to introduce its own car crash safety rating system called Bharat New Car Assessment Programme (BNCAP), with senior government officials telling Business Today TV that the new standards will come into effect from October this year.

This home-grown vehicle safety assessment draws inspiration from the acclaimed Global NCAP, a program renowned for its capacity to elevate global road safety standards and contribute to life-saving measures.

The government, in its draft notification on the BNCAP, proposed awarding ‘Star Ratings’ to automobiles based on their performance in crash tests. The final notification is expected early next week.

While manufacturers have the option to voluntarily engage in the testing program, they will be strongly encouraged to provide sample vehicles for evaluation. These vehicles can be sourced from the manufacturers themselves or selected randomly from authorized dealerships by the testing agency. The crash test ratings of Bharat NCAP will be applicable to vehicles holding type approval, spanning across models with a seating capacity of up to eight, which includes the driver’s seat.

Officials further added that Bharat NCAP’s testing scope will not be confined solely to passive safety tests and examinations of internal combustion engine vehicles.

The program will broaden its reach to include the evaluation and rating of CNG and electric vehicles based on their crash performance. In a departure from the typical NCAP approach of assigning separate star ratings for adult and child protection, Bharat NCAP is anticipated to introduce a unified rating that comprehensively assesses both adult and child safety.

Nitin Gadkari, union minister for road transport and highways, previously emphasised that the introduction of Bharat NCAP would enable domestic vehicle manufacturers to conduct testing using domestic facilities, enhancing the potential for Indian automobiles to be exported.

Source: https://www.businesstoday.in/auto/story/new-crash-testing-norms-for-cars-from-october-394700-2023-08-18

Ola Electric to give India its first Gigafactory next year: CEO Bhavish Aggarwal

India’s first large-scale gigafactory which will be a manufacturing facility for rechargeable batteries for electric vehicles (EV) will be up and functioning by next year, revealed Ola Electric founder and CEO Bhavish Aggarwal in a conversation with ETNow on Wednesday.

“By early next year, we will actually make the gigafactory operational and start using our own Indian-manufactured cells and that is going to be a very important initiative to reduce cost further,” said Aggarwal.

As per the CEO, the initial capacity of the Gigafactory will be 5 GWh. At full scale, the factory will have 100 GWh capacity, which will also be the world’s largest battery manufacturing unit.

While talking about the cost component of the EVs, he comments on the current situation where batteries for Indian consumption have to be imported.
“We import it from Korea. It makes up for almost one-third or sometimes even 40 per cent of the EV manufacturing cost,” said the founder.

Source: https://economictimes.indiatimes.com/industry/renewables/ola-electric-to-give-india-its-first-gigafactory-next-year-ceo-bhavish-aggarwal/articleshow/102774164.cms?from=mdr

Mahindra Thar.e electric SUV concept makes global debut

Mahindra and Mahindra has taken the covers off the Thar.e, the electric concept SUV based on its flagship off-road SUV Thar, at an event in Cape Town, South Africa today (August 15). The Thar electric concept SUV is radically different in terms of its looks with several new elements signifying Mahindra’s upcoming off-road electric SUV’s design language. The Mahindra Thar electric SUV will be part of the carmaker’s Born Electric lineup.

During the presentation, Mahindra has confirmed that the Thar electric SUV will be based on the INGLO-P1 EV platform. The platform is curated for improved range with expanded battery capacity and lower bodyweight of the vehicle. The Thar.e will also offer increased ground clearance and will come with all-wheel drive technology. Mahindra revealed that the Thar.e electric concept SUV will come with a wheelbase ranging between 2,776 mm and 2,976mm. The ground clearance of the electric SUV will be around 300 mm.

In terms of its looks, the Thar.e is radically different from the standard Thar SUVs sold in India. The LED headlights at the front now wears a new square design with LED bars placed on the grille give the impression of the carmaker’s signature slats. The concept EV also gets a Thar.e badging on the black closed-out grille as well as a chunky bumper at the front. It also stands on a massive set of all-terrain wheels.

Source: https://auto.hindustantimes.com/auto/electric-vehicles/mahindra-thar-e-electric-suv-concept-makes-global-debut-with-looks-more-rugged-than-thar-41692108963316.html

Toyota Rumion MPV makes India debut; based on Ertiga

This is expected to be priced at a slight premium over the Ertiga.

Toyota has debuted the new Maruti Suzuki Ertiga-based Rumion MPV in India, and will announce its prices and booking amount soon. This is the fourth badge-engineered model shared between the two brands, and with this, Toyota now has the widest MPV portfolio in the market – the Rumion at the entry-level, followed by the Innova Crysta, Innova Hycross and the Vellfire at the premium end. Like the Glanza, the Rumion will be built and supplied by Maruti Suzuki to Toyota.

Toyota Rumion: differences over the Ertiga

Compared to the Ertiga, the Rumion sees very few styling changes to its plastic parts. It gets an all-new bumper with revised fog lamp surrounds, an Innova Crysta-like grille and new dual-tone alloy wheels. On the inside, it gets a blacked-out dashboard with wood-like inserts, and the upholstery, similar to the Ertiga, is finished in beige.

The equipment list and 7-seat configuration, too, has been carried over from the Ertiga. Incidentally, the Rumion is also exported to markets like South Africa where it’s sold in the exact same spec as it has been revealed here.

Toyota Rumion to get a sole petrol engine

Under the hood, the Toyota Rumion will continue with Maruti’s 103hp, 137Nm, 1.5-litre naturally aspirated petrol engine, and will come mated to a 5-speed manual or a 6-speed torque converter automatic gearbox. The Rumion is also offered with a factory-fitted CNG kit that produces 88hp and 121.5Nm in CNG mode. Toyota claims the petrol version has a fuel efficiency of 20.51kpl, while the CNG version returns 26.11km/kg.

Brand experience to be the key differentiator

In the MPV segment, brand loyalty is quite strong and products like the Innova have a faithful customer base; something that Maruti Suzuki enjoys in the entry-level MPV segment with the Ertiga. And with a package so similar, it would be difficult for Toyota to differentiate the Rumion to sway Ertiga loyalists.

Toyota’s plan is to bank on its brand and ownership experience to make the Rumion a more compelling buy than the Ertiga. Speaking to Autocar India, Toyota Kirloskar Motor (TKM) vice president of Sales and Strategic Marketing, Atul Sood, said, “We are very confident of our MPV legacy. It is what we’ve got our success by, whether it’s for the Crysta or the Hycross or even the Vellfire. At the end of the day, it’s the mobility which the customer is buying, it’s the experience which the customer is buying.”

‘First in, first out’ strategy of deliveries

Toyota has, for a while now, been facing customer flak for its unreasonably long waiting periods, which stretch to over a year for certain variants of the Hyryder and Innova Hycross. The Rumion will, of course, be built and supplied by Maruti, and as such, there will be a fixed number of allocations. However, to ensure that the Rumion does not become another model with lengthy wait times, Toyota will be adopting a ‘first in, first out’ strategy of deliveries, where bookings will be catalogued from an all-India perspective and prioritised as per the sequence of orders.

“We’re not setting targets as such when we start the launch activities. Our aim is to give a very transparent experience to our customers, over and above the other factors which are associated with the Toyota pre-sales experience. If you’ve booked earlier, you should get the delivery earlier. We’re going to prioritise that,” said Sood.

Source: https://www.autocarpro.in/news/goodyear-forays-into-automotive-filters-batteries-in-indias-aftermarket-116308

Two top executives quit Ola Electric, two more exits likely: Report

The company spokesperson said that both the executives have delivered well for the company for seven-plus years and the company wishes them well in their future pursuits

SoftBank-backed Ola Electric is preparing for an up to $700-million IPO

Two senior-level executives at Ola Electric will exit the EV company, said a report on Saturday. Slokarth Dash, head of planning and strategy, and Saurabh Sharda, head of partnership and corporate affairs, have resigned from the company, Mint reported on Saturday.

Both Dash and Sharda are old hands at Ola and have spent nearly seven to eight years at the company. Both the executives are known to be close to Ola CEO and founder Bhavish Aggarwal.

The company spokesperson said that both the executives have delivered well for the company for seven-plus years and the company wishes them well in their future pursuits.

“At Ola, we’ve built a world-class and highly experienced leadership team and hired more than 50 veterans just in the last year from Indian & global firms like Tesla, Apple, LG, among others. India is the future hub for tech and top global talent is eagerly joining new age companies like ours. Ola is the largest EV company in India thanks to the efforts of our world class team. Slokarth and Saurabh have delivered well for the company for 7+ years and we wish them well in their future pursuits.”, an Ola spokesperson said.

Besides, two more senior-level executives are also on their way out, the report said.

SoftBank-backed Ola Electric is preparing for an up to $700-million IPO next year. It has appointed Goldman Sachs and Kotak Mahindra Capital to manage its potential stock market debut early next year. Since it began sales in late 2021, Ola has become India’s e-scooter market leader with a 32% share, competing with Ather Energy as well as companies like TVS Motor and Hero Electric. It was valued at $5 billion last year and has raised nearly $800 million from investors since 2019.

In FY24, Ola Electric recorded an operating loss of $136 million on a revenue of $335 million. The loss number of the company has not previously been reported or filed with Indian authorities, reported Reuters quoting sources.

Source: https://www.businesstoday.in/entrepreneurship/news/story/two-top-executives-quit-ola-electric-more-to-follow-report-392955-2023-08-05

Apple’s Blueprint: Indian Government Suggests Tesla Adopt Similar Strategy For Chinese Suppliers

This story was first published on the Benzinga India portal.

Indian government officials suggested Tesla Inc (NASDAQ: TSLA) – currently discussing setting up a plant in India – partner with local firms to work with any Chinese suppliers the electric carmaker is currently involved with.

What Happened? Officials from Tesla told the Indian government that they’d like some of their Chinese suppliers to establish operations in India to bolster the supply chain.

According to sources speaking to Reuters, Indian authorities proposed that Tesla adopt Apple Inc’s (NASDAQ: AAPL) method, which involved gaining approvals for Chinese suppliers through local joint-venture partners. Direct approval for wholly-owned Chinese companies can prove challenging due to the intense scrutiny they’ve faced since the 2020 border disputes between India and China on their Himalayan border.

Why it matters? India’s tense relationship with China, following the 2020 border clashes, complicates Tesla’s plans to utilize crucial Chinese suppliers for parts that India lacks locally. This problem isn’t unique to Tesla; even the local Tata Motors sources battery cells from China.

In recent months, the Indian government has accepted some joint-venture partnerships between Chinese suppliers and Indian firms on a case-by-case basis. However, they remain cautious about Chinese companies expanding in India, particularly automakers.

Source: https://finance.yahoo.com/news/apples-blueprint-indian-government-suggests-075115445.html?guccounter=1

Over 500 EVs from BMW, Mercedes possibly charred on-board burning cargo ship

The car carrier on fire near the Netherlands coast has almost 500 electric cars on board, according to its operator, more than was previously reported.

The cause of the blaze on the Fremantle Highway is still unknown, according to the Dutch coast guard, which previously said the initial cargo list they received suggested just 25 EVs were on the ship. The coast guard has denied reports that it had been confirmed the fire broke out in a section of the carrier where electric cars were stored. Whether EVs had anything to do with precipitating the blaze, the number on board is relevant to what’s likely to be a days-long effort to put it out. Lithium-ion battery fires burn hotter and last longer than gasoline. They can also be difficult to extinguish, sometimes reigniting hours or days after seemingly having been put out.

The ship is carrying a total of 3,783 vehicles, including 498 electric cars, according to its charterer Kawasaki Kisen Kaisha Ltd. The fire was still ablaze with the situation stable as of Friday. Dutch authorities have established a towing connection with the vessel, but haven’t been able to extinguish the fire because putting too much water on board would cause stability problems.

Source: https://auto.hindustantimes.com/auto/electric-vehicles/over-500-electric-cars-from-bmw-mercedes-possibly-charred-on-board-burning-cargo-ship-off-dutch-coast-41690540316926.html 

Maruti Suzuki recalls 87,599 cars to replace faulty steering system

Maruti Suzuki said that affected vehicle owners will be receiving communication from the company-authorised dealer workshops for inspection and replacement of the faulty part, free of cost.

The recall is effective from July 24, 2023, 06:30 pm onwards.

Maruti Suzuki India, the country’s largest carmaker, on Monday said it is recalling 87,599 units of S-Presso and Eeco models to check and replace faulty steering tie rod. The recalled units were manufactured between July 5, 2021, and February 15, 2023, the auto major said in a statement.

“It is suspected that there is a possible defect in a part of steering tie rod, used in such vehicles, which in a rare case, may break and affect vehicle steerability and handling,” the carmaker said.

Maruti Suzuki said that affected vehicle owners will be receiving communication from the company-authorised dealer workshops for inspection and replacement of the faulty part, free of cost. The recall is effective from July 24, 2023, 06:30 pm onwards.

This is one of the largest recalls being undertaken by Maruti in recent times. Maruti Suzuki shares on Monday ended 0.75 per cent down at Rs 9,694.70 apiece on the BSE.

Source: https://www.businesstoday.in/latest/story/maruti-suzuki-recalls-87599-cars-to-replace-faulty-steering-system-391080-2023-07-24

Tesla won’t get any special treatment in India, confirms govt official

Despite its interest to set up business officially in India, Tesla will not receive any special treatment in the country, a government official has confirmed to PTI. The report has quoted the government saying that there will be no special policy for the US electric car major. However, it can seek incentives under the existing schemes like Production Linked Incentive (PLI) schemes for auto and advanced chemistry cells, just like other EV manufacturers.

Tesla has demanded a tax rebate for importing its electric cars in India, which was rejected by the Indian government.

Tesla has been expressing its interest to sell its cars officially in India for quite some time. However, the American EV major has been seeking a special policy from the Indian government that would allow it to import cars to the country at a lower tax rate. However, the Indian government has made it clear that it will not giveTesla a tax rebate. Instead, the Indian government wants Tesla to set up its production base in the country and locally manufacture the electric cars to avail of lower tax benefits. However, Tesla has not revealed any concrete plan to set up a manufacturing facility here.

In 2021, Tesla demanded a reduction in import duties on electric vehicles in India. However, the government of India rejected that. The representatives of Tesla visited the country last month to meet officials of various ministries, including the Commerce and Industry Ministry. This fuelled speculation of Tesla coming to India finally. Later Tesla CEO Elon Musk met Prime Minister Narendra Modi last month in New York. After the meeting, Musk said he plans to visit India in 2024. “I am confident that Tesla will be in India, and we will do so as soon as humanly possible,” Musk had said after that meeting.

Speaking about the possibility of curating any special policy for Tesla, the government officials reportedly said that the rule will be the same for all the companies and there will be no special treatment for the US auto major. “We have told Tesla that the policies, which are already there for all, they can also apply under that PLI. They are welcome. Generally, the policy will be the same for all. For a single company, the government may not like to make separate policies. So far, there is no plan to give special treatment,” the official reportedly said. The government official reportedly also said that representatives of Tesla’s biggest battery supplier Panasonic have met them and they have stated that the South Korean company wants to make batteries in India. “We have suggested them to apply under PLI ACC batteries,” the official added.

Source: https://auto.hindustantimes.com/auto/electric-vehicles/tesla-wont-get-any-special-treatment-in-india-can-seek-incentives-under-existing-scheme-details-here-41690099039801.html

Landslides In Himachal Pradesh: Tips To Safeguard Vehicles During Landslides And Heavy Monsoons

Landslides In Himachal Pradesh: The ongoing heavy monsoon rains in Himachal Pradesh, North India, have resulted in devastating floods and landslides, causing significant damage to the local population. The region is experiencing one of its worst monsoons in recent times, with videos circulating on social media capturing the destruction caused by collapsing buildings, bridges, and vehicles being washed away.

Landslides In Himachal Pradesh: With monsoons wreaking havoc in North India, numerous livelihoods have been affected both actively and passively. While some have lost their generational house to landslides, other properties like cars and motorcycles are some of the worst affected ones. Moreover, for many locals in these hilly regions, their vehicles are their livelihood. So, if you’re one of those reading this article, looking for tips to ensure your vehicles remain safe during such tumultuous times, especially from landslides.

Stay Informed Through Local News Channels and Radio Stations 

It is essential to stay updated with the latest weather information through local news channels and radio stations. Keeping track of weather forecasts can help you determine the exact condition of the region where you’re staying. By remaining informed, you can take necessary precautions and make informed decisions to safeguard your vehicle.

Avoid Parking in Dangerous Areas

One common cause of car damage during landslides is parking near dangerous spots. It is vital to avoid parking your vehicle near edges or cliffs, as these areas pose a higher risk of damage during landslides.

Source: https://www.timesnownews.com/auto/features/landslides-in-himachal-pradesh-tips-to-safeguard-vehicles-during-landslides-and-heavy-monsoons-article-101703310

Harley-Davidson X440 launched at Rs 2.29 lakh

The X440 will be available in three variants – Denim, Vivid and S.

Harley-Davidson has launched the X440 in India, with prices starting at Rs 2.29 lakh for the base Denim variant and going up to Rs 2.69 lakh for the top-spec S variant.

Harley-Davidson X440 engine, cycle parts

The beating heart of the X440 is an air-/oil-cooled, 440cc, single-cylinder engine that’s rated for 27hp at 6,000rpm and 38Nm of torque at 4,000rpm. Mated to this large thumper is a 6-speed gearbox. Nestling this engine is a steel trellis frame suspended by a 43mm USD fork and twin shock absorber setup. Braking duties are handled by a large 320mm front rotor and dual-channel ABS is standard.

Seat height is a very reasonable 805mm and the HD X440 tips the scaled at 190.5kg, with its 13.5-litre fuel tank fully brimmed. At 170mm, ground clearance is aplenty and the bike rolls on new MRF Zapper Hyke rubber, sized 100/90-18 (front) and 140/70-17 (rear).

Harley-Davidson X440 features, variants

The base Denim variant of the X440 comes with wire-spoke rims and minimal badging, while the mid-tier Vivid variant comes with alloy wheels and dual-tone paint options. The top-spec S variant comes with diamond-cut alloy wheels, machined engine cooling fins, 3D badging and a colour TFT dash with Bluetooth connectivity, enabling navigation and notification alerts.

The Denim variant is available in Mustard Yellow, essentially a yellow tank on a black bike. The Vivid variant can be had in either Metallic Thick Red or Metallic Dark Silver and the top-spec S variant is only available in a stealthy Matte Black colour. All variants get a USB charging port as standard.

Harley-Davidson X440 price, rivals

The Denim variant of the X440 costs Rs 2.29 lakh, with each subsequent variant adding Rs 20,000 to its price tag. Which means the Vivid costs Rs 2.49 lakh and the top-spec S costs Rs 2.69 lakh. At these prices, the Harley-Davidson X440 costs roughly Rs 35,000 more than the evergreen Royal Enfield Classic 350 (Rs 1.93 lakh-Rs 2.21 lakh).

Source: https://www.autocarindia.com/bike-news/suzuki-hayabusa-25th-anniversary-edition-revealed-428642

Hero to launch Harley-Davidson X440 in July; check details here

Hero MotoCorp is all set to launch Harley Davidson’s X440 in India. Hero and Harley collaborated in the development of a motorcycle at Hero’s R&D Centre in Jaipur, with assistance from the Harley Davidson teams in the motorcycle’s design process. Bookings for this motorcycle have already opened up.

Sources have told Business Today TV that as per the distribution agreement, Hero MotoCorp will sell and service Harley-Davidson motorcycles, and sell parts and accessories and general merchandise riding gear and apparel through a network of brand-exclusive Harley-Davidson dealers and Hero’s existing dealership network in India.

As part of a Licensing agreement, Hero MotoCorp will develop and sell a range of premium motorcycles under the Harley-Davidson brand name. Although the jointly developed motorcycle will be marketed as Harley-Davidson in India, the underlying platform will also be utilized for a high-end Hero motorcycle.

In 2020, Hero MotoCorp and Harley-Davidson formed a partnership following Harley Davidson’s decision to withdraw from the Indian market. Hero MotoCorp took over the role of the sole distributor for Harley motorcycles in India and both companies agreed to collaborate on the development of motorcycles together.

Source: https://www.businesstoday.in/auto/story/hero-to-launch-harley-davidson-x440-in-july-check-details-here-384965-2023-06-09

ED Seizes Luxury Cars Worth Rs 60 Crore, Including Ferrari, Lamborghini, And Bentley, Belonging To IREO And M3M Groups

ED has seized luxury cars worth Rs 60 crore, including those of Ferrari, Lamborghini and Bentley from real estate groups in Delhi NCR. (Representative Image)
The Enforcement Directorate (ED) has reportedly seized luxury cars worth Rs 60 crore, including those of Ferrari, Lamborghini, Rolls Royce, Mercedes-Benz, Bentley, Land Rover and more, from real estate giants IREO and M3M. The ED has been carrying out search operations on the real estate groups in connection with a money laundering case.
The ED had conducted searches on June 1 at seven locations in Delhi and Gurugram. As per the ED, these searches were carried out under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA).
A total of 17 high-end luxury vehicles from brands such as Ferrari, Lamborghini, Land Rover, Rolls Royce, Bentley, Mercedes Maybach and more, were seized in the case. Moreover, the ED has also recovered jewelry or bullion worth Rs 5.75 crore, and cash of Rs 15 lakh.
The investigation agency revealed that the investigation are being conducted in response to multiple FIRs registered against IREO Group for siphoning off or misappropriating funds of the customers or investors. Moreover, the ED investigation has also reportedly shown money running to hundreds of crores has also been siphoned off through M3M Group.

Source: https://www.timesnownews.com/auto/ed-seizes-luxury-cars-worth-rs-60-crore-including-ferrari-lamborghini-and-bentley-belonging-to-ireo-and-m3m-real-estate-groups-article-100835169

Self-driving cars may be making traffic worse, unable to understand human behavior

Waymo self-driving van (© Andrei – stock.adobe.com)

COPENHAGEN, Denmark — Self-driving cars contribute to traffic congestion and could potentially be hazardous due to their inability to comprehend human behavior. A new study indicates that these autonomous vehicles, often promoted as the transportation of the future, struggle to interpret the subtle human social signals that inform driving decisions.

A key example of this issue focuses on deciding whether to yield or proceed in traffic – a decision that humans typically make swiftly and intuitively. However, self-driving cars consistently fail to interpret human behavior in traffic. As a result, their reactions can lead to traffic congestion and aggravate other road users, according to the award-winning study from a team at the University of Copenhagen.

“The ability to navigate in traffic is based on much more than traffic rules. Social interactions, including body language, play a major role when we signal each other in traffic. This is where the programming of self-driving cars still falls short,” says Professor Barry Brown, from Copenhagen’s Department of Computer Science, who has been studying the evolution of self-driving car behavior on the road for the past five years, in a university release. “That is why it is difficult for them to consistently understand when to stop and when someone is stopping for them, which can be both annoying and dangerous.”

Various companies, such as Waymo and Cruise, have initiated taxi services employing self-driving cars in certain regions of the United States. Tesla has deployed their Full Self-Driving (FSD) model to approximately 100,000 volunteer drivers in the U.S. and Canada. Despite these advancements, Prof. Brown and his team note that the actual road performance of these vehicles is a closely guarded trade secret with limited public insight.

Videos capture autonomous cars endangering pedestrians
To address this knowledge gap, the researchers conducted an in-depth analysis of 18 hours of 70 different YouTube videos, captured by enthusiasts testing cars from the back seat. One of the videos features a family of four waiting to cross a residential street in the United States. Despite the absence of a pedestrian crosswalk, the family wishes to cross the road. As the driverless car approaches, it slows down, prompting the two adults in the family to gesture for the car to continue. However, the car stops next to them for 11 seconds. As the family starts to cross the road, the car begins to move again, causing them to leap back onto the sidewalk.

“The situation is similar to the main problem we found in our analysis and demonstrates the inability of self-driving cars to understand social interactions in traffic. The driverless vehicle stops so as to not hit pedestrians, but ends up driving into them anyway because it doesn’t understand the signals. Besides creating confusion and wasted time in traffic, it can also be downright dangerous,” says Prof. Brown.

In tech-focused San Francisco, autonomous vehicles have been deployed as buses and taxis in various parts of the city, negotiating the hilly streets amid people and other natural elements. These vehicles cause traffic issues and disruptions in San Francisco due to their inappropriate reactions to other road users.

“I think that part of the answer is that we take the social element for granted. We don’t think about it when we get into a car and drive – we just do it automatically. But when it comes to designing systems, you need to describe everything we take for granted and incorporate it into the design,” suggests Prof. Brown. “The car industry could learn from having a more sociological approach. Understanding social interactions that are part of traffic should be used to design self-driving cars’ interactions with other road users, similar to how research has helped improve the usability of mobile phones and technology more broadly.”

This study was recognized with the best paper award at the 2023 CHI Conference on Human Factors in Computing Systems and is published in the journal Association for Computing Machinery.

Source: https://studyfinds.org/self-driving-cars-human-behavior/

Maruti Suzuki Jimny Suv Launched. Check Out Price, Specs, Features And More

The much-awaited Maruti Suzuki Jimny has been officially launched in the Indian car market at a starting price of 12.74 lakh (ex-showroom). Available in six trim options, the price of this SUV goes up to 15.05 lakh (ex-showroom). The Jimny is part of Maruti’s strong push in the SUV segment and has a rich heritage spanning over five decades. Interestingly, India is the first market in the world to get the five-door version of Jimny.

While the two-door version of the Jimny was being manufactured in the country for export to select markets, its India launch has been on the cards for several years. With the growing appetite for lifestyle SUVs with 4×4 capabilities, it was only a matter of time before Maruti Suzuki bolstered its lineup with the model. But while the company has several SUVs in its lineup now, the Jimny is carrying a bulk of the weight of expectations and is now locking horns against Mahindra Thar.

Trim Price (ex-showroom)
Zeta MT 12.74 lakh
Alpha MT 13.69 lakh
Alpha MT (DT) 13.85 lakh
Zeta AT 13.94 lakh
Alpha AT 14.89 lakh
Alpha AT (DT) 15.05 lakh

The first-generation Jimny was introduced in global markets in 1970 and has since been appreciated for its rugged character in a relatively small footprint. Built on a ladder-frame chassis and with a non-independent front and rear suspension, the Jimny is as rugged as a Maruti Suzuki vehicle can be at the moment. But will it be enough to make a very deep mark in the Indian car market?

What is the engine and transmission on the Maruti Suzuki Jimny?

Maruti Suzuki Jimny is powered by a 1.5-litre K15B petrol engine that is mated to a four-speed torque converter automatic or a five-speed manual gearbox. This engine produces around 105 hp and offers 134 Nm of torque.

The Jimny is further equipped with AllGrip Pro 4WD system and also has a low-range gearbox with ‘2WD-high’, ‘4WD-high’ and ‘4WD-low’. There is also an electronic traction control system and a three-link rigid axle suspension.

What are the dimensions of Maruti Suzuki Jimny?

Maruti Suzuki Jimny measures 3,985 mm in length, is 1,645 mm wide and stands 1,720 mm tall. It has a wheelbase of 2,59 0mm. The main highlight of this version of the vehicle is that it offers more cabin space than its three-door twin – at around 340 mm longer wheelbase.

Source: https://auto.hindustantimes.com/auto/cars/maruti-suzuki-jimny-suv-launched-check-out-price-specs-features-and-more-41685946062940.html

New York City sues Hyundai, Kia over vehicle thefts

[1/2] The logo of Hyundai Motors is seen on a steering wheel on display at the company’s headquarters in Seoul, South Korea, March 22, 2019. REUTERS/Kim Hong-Ji
New York City on Tuesday sued Hyundai Motor Co (005380.KS) and Kia Corp (000270.KS), accusing the South Korean automakers of negligence and creating a public nuisance by selling vehicles that are too easy to steal.

The most populous U.S. city joined several other major cities that have sued Hyundai and Kia over the thefts, including Baltimore, Cleveland, Milwaukee, San Diego and Seattle.

In a complaint filed in Manhattan federal court, New York faulted the automakers’ failure from 2011 to 2022 to install anti-theft devices called immobilizers on most of their cars, making them “nearly unique” among automobile manufacturers.

New York said this has “opened the floodgates to vehicle theft, crime sprees, reckless driving, and public harm,” exacerbated by TikTok videos showing how to steal cars that lack push-button ignitions and immobilizers.

The city said the number of reported stolen Hyundais and Kias doubled last year, followed by a “virtual explosion of thefts” in the first four months of 2023 with 977 reported thefts, up from 148 in the same period in 2022.

In contrast, the city said thefts of BMW, Ford, Honda, Mercedes, Nissan and Toyota vehicles have fallen this year.

The complaint seeks unspecified compensatory and punitive damages.

Hyundai said in a statement that it made immobilizers standard on all vehicles in November 2021, and has taken steps including a software upgrade to reduce the threat of thefts.

Kia in a statement also cited its anti-theft efforts, and said it is working with New York City law enforcement to combat car thefts. It also called the city’s lawsuit “without merit.”

Source: https://www.reuters.com/legal/new-york-city-sues-hyundai-kia-over-vehicle-thefts-2023-06-06/

India’s first self-driving car unveiled, startup plans to emulate Tesla, Google

The concept of autonomous cars is still at a very nascent stage in India. But an Indian startup has taken the lead and has unveiled the country’s first self-driving car. The Bengaluru-based AI startup Minus Zero has showcased zPod, which is shaped like a toaster like some of the other autonomous vehicles shown globally. The zPod self-driving car claims it can drive through all kinds of conditions and weather thanks to its camera-sensor suite.

One of the most unique features of the Minus Zero Zpod is that it does not have a steering wheel. Instead, it uses a series of high-resolution cameras placed strategically to analyse driving conditions, including traffic. The startup says that the autonomous car can be scaled up to Level 5 autonomy, the highest a self-driving car can have. Any autonomous car with Level 5 autonomy is capable of driving without any human intervention.

As of now, the startup says that zPod is good enough for transport within an enclosed and controlled area like a campus or large residential complexes. “With true vision autonomy coming to the fore, one can make autonomous vehicles a reality, solving major pain points of the mobility paradigm,”said Reehal, Chief Executive Officer of Minus Zero. The startup was founded by him and Gursimran Kalra in 2021 with plans to manufacture fully-autonomous vehicles like Tesla and Google. It also aims to share its technology with other carmakers to further develop Advance Driver Assistant System (ADAS) in their vehicles.

Source: https://auto.hindustantimes.com/auto/cars/indias-first-self-driving-car-unveiled-by-bengaluru-based-startup-with-plans-to-emulate-tesla-google-41685937249629.html

In demand race, big cars outpace other segments

Mass market players are competing with luxury car cos in the segment to launch new models.

Full-sized utility and multi-purpose vehicles are grabbing a disproportionate share of Indian roads, reflecting persistent upward mobility in personal-transport choices underpinned by higher disposable incomes and increasing availability of premium variants.

Sales of sports utility vehicles (SUVs) and multi-purpose vehicles (MPVs) exceeding 4 metres in length now make up at least 10% in volume terms even at compact-car makers such as Maruti Suzuki. The share of sub-4 metre compact vehicles, which enjoy policy preference from a taxation standpoint to encourage car ownership, has shrunk 6 percentage points in three years to 72%.

By contrast, premium vehicles — usually large-sized SUVs and MPVs exceeding 4,500 mm in length — now account for 11% of the industry, up from 6% three years ago. The 4-4.5 metre passenger vehicle segment has seen its share stagnate at 16-17%.

Carmakers, therefore, are harnessing the rising affordability quotient to introduce new models in the above 4.5-metre mid- and upper-SUV and MPV segments. Previously, this segment was dominated — both in volume and value terms — by the likes of Mercedes, BMW, Jaguar-Land Rover and Audi.

Luxury carmakers continue value domination in this segment, but mass market players such as Maruti Suzuki, Mahindra and Mahindra, Honda, Hyundai, Kia, VW and Toyota are also increasing volume presence.

Lifestyle Choices
India’s largest car maker Maruti Suzuki, known world over as the king of compact cars, said there is a trend toward bigger and lifestyle products.

“That explains why there is traction for three-row MPVs and SUVs. These vehicles support varied lifestyle needs of a modern, urban consumer, and also allow larger family groups or friends to travel together on occasions,” said Shashank Srivastava, Senior Executive Director, Maruti Suzuki.

Source : https://economictimes.indiatimes.com/industry/auto/cars-uvs/in-demand-race-big-cars-outpace-other-segments/articleshow/100733098.cms

This tiny, affordable electric SUV is a ‘China-US collaboration’

Global automotive companies are battling Chinese manufacturers tooth and nail in the local electric vehicle (EV) market in the country. China is the world’s largest automotive as well as EV market and a chunk of the proverbial pie is of enormous significance. But it is not all about rivalry as is symbolised by the Baojun Yep, a tiny electric SUV that comes as part of the SAIC-GM-Wuling joint venture.

The Yep is the first all-electric SUV from the Baojun brand and is looking at its small proportions and relatively affordable pricing to strike a chord with Chinese customers. The pricing in the local market starts at 79,800 Yuan or approximately 9.28 lakh and goes up to 89,800 Yuan or 10.45 lakh.

The Baojun Yep EV weighs only 1,006 kilos and has a three-door set up like the Comet EV. Cargo space is extremely limited but the ace up its sleeve is that if the rear seats are folded down, there is around 715 litres of luggage area for the taking. There is additional storage space under the front bonnet as well.

The most crucial aspect of the Baojun Yep electric SUV is its battery and motor. At its very core is a 28.1 kWh battery pack and a single-motor set up that produces 67 hp and offers 140 Nm of torque. The company claims the battery can be powered from 30 per cent to 80 per cent in 35 minutes and that the EV has a range of around 300 kms. Top speed is at 100 kmph.

Source: https://auto.hindustantimes.com/auto/electric-vehicles/the-baojun-yep-electric-suv-is-a-china-us-collaboration-41685679404075.html

Ola Electric battery cell Gigafactory construction begins; promises to be India’s largest

Ola Electric has announced the commencement of construction of its upcoming battery cell Gigafactory, which promises to be the largest EV cell facility in India. Bhavish Aggarwal, co-founder and CEO – Ola Electric, shared the update in a tweet while also sharing images of the groundbreaking initiative. The new Gigafactory is in line with Ola’s plans to be a holistic player in the EV sector with the company working on more two-wheelers and even four-wheelers in the electric mobility segment.

The Ola Electric cell Gigafactory will have a production capacity of 10 gigawatt-hours (GWh) per annum (Twitter/@Bhash)

Ola Electric’s cell Gigafactory is located in Krishnagiri, Tamil Nadu, and promises to have a production capacity of 10 gigawatt-hours (GWh) per annum. The upcoming manufacturing facility will be capable of producing battery cells that will go into electric vehicles as well as other battery solutions. India does not have its own battery cell manufacturing so far at a large scale in order to compete with players from China, Taiwan and South Korea.

The tweet from Bhavish Aggarwal read, “Work started and moving along at full speed on our cell gigafactory! It will be India’s biggest and amongst the worlds biggest cell factories. And the centrepiece for #endICEage!”

Source : https://auto.hindustantimes.com/auto/electric-vehicles/ola-electric-battery-cell-gigafactory-construction-begins-promises-to-be-india-s-largest-41685105415169.html

Simple One electric scooter with 212 km range launched, priced from ₹1.45 lakh

Bengaluru-based Simple Energy has launched the much-awaited One electric scooter. Prices for the Simple One start at 1.45 lakh, going up to 1.58 lakh (all prices, ex-showroom Bengaluru). The 750-watt portable charger costs an additional 13,000. The Simple One was first unveiled in August 2021, and it has taken the company over a year and a half to get the model into production.

The Simple One electric is now on sale with a claimed range of 212 km (IDC) on a single charge

Deliveries of the Simple One electric scooter begin on June 6, 2023, in Bengaluru. The manufacturer plans to deliver the e-scooter in a phase-wise manner. The prices align with the revised FAME II subsidy scheme that will be applicable from June 1, 2023.

The One packs a 5 kWh battery pack, slightly larger when compared to the previously announced 4.8 kWh battery pack. The battery promises a seven-layer protection system with an in-house developed battery management system (BMS) and IP-67 compliance. The battery size had to be increased in order to meet the AIS 156 Amendments announced last year, the company explained.Eeve Forseti (HT Auto photo)

The Simple One claims a 212 km (IDC) range on a single charge. The company previously claimed a range of 236 km on a single charge. Nevertheless, the model still holds the tag of offering the longest range on an electric scooter in the country.

With all the changes, the Simple One now weighs 134 kg, which has gone up when compared to the prototype first shown. The model uses a PMS mid-drive motor with 8.5 kW (11.3 bhp) of peak power and 4.5 kW (6 bhp) of continuous power delivery. Peak torque stands at 72 Nm. Performance figures haven’t dipped though with the Simple One capable of sprinting from 0-40 kmph in 2.77 seconds with a top speed of 105 kmph.

There are four riding modes – Eco, Ride, Dash, and Sonic. The electric scooter rides on 12-inch alloy wheels and comes with combi-braking with a 200 mm disc at the front and a 190 mm single disc at the rear. The model uses telescopic front forks and a monoshock unit at the rear. The tubular steel frame underpins the vehicle.

The One gets a digital instrument console with an open-source Android OS and comes with telematics, ride statistics, Bluetooth connectivity, OTA updates, Park Assist and more. The e-scooter can be charged between 0-80 per cent in 5 hours and 54 minutes with a 750-watt home charger available from September onwards. There’s fast charging too that can charge the battery at a rate of 1.5 km per minute. The company will be offering the electric scooter

The Simple One e-scooter is available in six colour options – Brazen Black, Namma Red, Grace White and Azure Blue – along with the new dual-tone additions Brazen X and Light X. The new One takes on the Ather 450X, Ola S1 Pro, Vida V1 Pro, Bajaj Chetak and TVS iQube in the segment.

Source: https://auto.hindustantimes.com/auto/electric-vehicles/simple-one-electric-scooter-with-212-km-range-launched-priced-from-rs-1-45-lakh-41684819554717.html

An auto CEO came very close to saying the right thing about heavy EV batteries / Good job, Jim Farley. You almost got there.

The race to cram heavier and heavier batteries into bigger and bigger electric vehicles hit a speed bump today when a major automaker CEO finally threw up his hands and asked why.

“I have no idea what’s going on in this industry right now,” Ford CEO Jim Farley said during his company’s capital markets event Monday. He referenced electric vehicles coming out with 450–500 miles of range, including “a three-row crossover” announced today that was likely the new electric Cadillac Escalade.

Higher ranges will necessitate bigger batteries, he noted, adding, “These batteries are huge.”

Farley is right. US automakers are relying on supersized batteries to power their equally supersized EVs — namely, all the electric trucks that will soon flood the US market. Car companies (perhaps rightly) assumed that the best way to sell America’s truck-loving population on plug-in power is to electrify a bunch of pickups. And big trucks need big batteries to justify big range to address anxiety any truck buyers may have about switching sides to electric.

The Rivian R1T truck and R1S SUV run on batteries as large as 135kWh. The Hummer EV’s 212kWh battery is heavier than a Honda Civic. Chevy just announced a higher range estimate for its forthcoming Silverado EV for a total of 450 miles on a single charge. That’s thanks to the 200kWh Ultium battery firing its electrons beneath the floorboards of this 8,000-pound behemoth. The Ram 1500 REV includes an option for a 229kWh battery for a targeted range of 500 miles.

This is not sustainable. Bigger batteries, longer range, heavier trucks… these are not the hallmarks of the sea change the auto industry is trying to sell us on. It’s evidence in support of the old adage, “the more things change, the more they stay the same.” We’re swapping bad stuff, like tailpipe emissions, for other bad stuff, like everything involved in the mining, refining, and manufacturing of an EV battery.

There are also a host of environmental concerns around these beefcake batteries. EVs are generally heavier than their internal combustion engine counterparts. But what many people seem to forget is that heavier vehicles are inherently more polluting than lighter ones, regardless of whether they emit any tailpipe emissions. All vehicles produce non-exhaust emissions from a variety of sources, including rubber tires, road dust, and brakes. This is especially true for electric vehicles thanks to the added weight from their batteries.

Heavier vehicles are deadlier, too. When a pedestrian or cyclist is struck by a vehicle the size and weight of a Ram 1500 REV or Hummer EV, they are more likely to die than when they are struck by a Toyota Corolla. A lot of that has to do with the outsize dimensions of these trucks — boxier front ends and taller hoods are more likely to strike someone in the head or upper torso than a sedan, which is more likely to hit a person in their legs.

But weight has a lot to do with it, too. Last I checked, mass multiplied by velocity equals momentum. Basic physics. The heavier the vehicle, the more likely it is to kill you when it hits you.


To be sure, Farley’s beef with battery sizes isn’t really about safety or the environment but, rather, about cost. Heavier batteries are more expensive to manufacture and tend to squeeze profit margins, of which automakers are very protective. Which is why I can only give him partial credit for coming to the realization about America’s battery obesity epidemic.

Source: https://www.theverge.com/2023/5/22/23733215/ford-ev-battery-size-weight-safety-jim-farley

Tesla is ‘serious’ on setting up EV manufacturing plant in India

Tesla Inc is “serious” about its plans to establish a manufacturing base in India, the country’s deputy minister for technology told Reuters in an interview on Friday, a day after meeting senior executives of the electric vehicle maker. The Elon Musk led U.S. automaker held talks with Indian officials this week on various topics including incentives for car and battery manufacturing, Reuters reported on Thursday, as Tesla looks anew at entering the Indian market.

“They are very seriously looking at India as a production and innovation base,” Rajeev Chandrasekhar said in the first public comment by an Indian government official on the talks.

“We have signalled to them that the government of India is working together (and) will certainly make whatever ambitions they have or investment objective they have in India a success,” said Chandrasekhar, who is one of the highest-ranking officials in Prime Minister Narendra Modi’s administration.

Asked if talks with Tesla included more than just making vehicles, Chandrasekhar said “you don’t talk about cars alone” when such discussions take place.Mercedes-benz Eqe (HT Auto photo) Mercedes-benz Eqb (HT Auto photo)

“You talk about cars, you talk about energy, you talk about manufacturing technology. So all of that figures in the conversation. What they will want to do in India, it’s too far for me (to tell) and it’s not for me to say,” he added.

Source: https://auto.hindustantimes.com/auto/electric-vehicles/tesla-is-serious-on-setting-up-ev-manufacturing-plant-in-india-says-union-minister-41684494575970.html

More than 30 million US drivers don’t know if they’re at risk from a rare but dangerous airbag blast

More than 33 million people in the United States are driving vehicles that contain a potentially deadly threat: Airbag inflators that in rare cases can explode in a collision and spew shrapnel.

Few of them know it.

And because of a dispute between federal safety regulators and an airbag parts manufacturer, they aren’t likely to find out anytime soon.

The National Highway Traffic Safety Administration is demanding that the manufacturer, ARC Automotive of Knoxville, Tennessee, recall 67 million inflators that could explode with such force as to blow apart a metal canister and expel shrapnel. But ARC is refusing to do so, setting up a possible court fight with the agency.

NHTSA argues that the recall is justified because two people have been killed in the United States and Canada and at least seven others have been injured by ARC’s inflators. The explosions, which first occurred in 2009, have continued as recently as this year.

One of those who died was Marlene Beaudoin, a 40-year-old mother of 10 from Michigan’s Upper Peninsula who was struck by metal fragments when her 2015 Chevrolet Traverse SUV was involved in a minor crash in 2021. She and four of her sons had been on their way to get ice cream. The sons were not hurt.

ARC maintains that no safety defect exists, that NHTSA’s demand is based on a hypothesis rather than technical conclusions and that the agency has no authority to order a parts manufacturer to carry out recalls, which ARC contends are the responsibility of automakers.

In a letter to NHTSA, ARC said no automaker has found a defect common to all 67 million inflators, and no root cause has been identified in the inflator ruptures.

“ARC believes they resulted from random ‘one-off’ manufacturing anomalies that were properly addressed by vehicle manufacturers through lot-specific recalls,” the letter said.

In a statement, NHTSA indicated that both ARC and automakers are responsible for recalls and that it can seek a recall from a parts maker that supplies multiple automakers.

The next step is for NHTSA to issue a final ruling on whether the inflators are defective, then hold a public hearing. It potentially could take ARC to court to seek a recall order. NHTSA would not say when or whether any of this will happen.

In the meantime, owners of vehicles made by at least a dozen automakers — Chevrolet, Buick, GMC, Ford, Toyota, Stellantis, Volkswagen, Audi, BMW, Porsche, Hyundai and Kia — are left to wonder anxiously whether their vehicles contain driver or front passenger inflators made by ARC. (Some vehicles have ARC inflators on both sides.)

Because ARC supplies inflators that are included in other manufacturers’ airbags, there’s no easy way for vehicle owners to determine whether their inflators are made by ARC. Neither NHTSA nor ARC nor the automakers have released a full list of affected models.

The standoff with ARC has sent automakers struggling to find out just how many of their vehicles contain the inflators. The auto manufacturers are also asking NHTSA whether they must start doing recalls. Automakers know many of the models affected. But many say they’re still gathering information from later model years to determine which vehicles contain the affected inflators.

Source: https://apnews.com/article/air-bag-deflators-explode-crash-arc-nhtsa-8393a55574147c712d11d62f50ff249f

MG’s flashiest EV with 800 km of range revealed in UK. Will it come to India?

MG is known for classic roadsters like the T-Series, MGA, MGB and even the F from the 1990s. However, it seems like the Cyberster does not derive any elements from these vehicles. Instead, it looks like a proper modern sportscar with a drop-top. The Cyberster gets a long bonnet, scissor doors, aggressive bumpers and a clean side profile. What will attract a lot of attention though are the arrow-shaped LED tail lamps with a lightbar that stretches across the width of the vehicle. On the other hand, the LED headlamps look a bit inspired by Porsche.

MG Motor India looking to sell its majority stake to Indian companies – Reliance, JSW, Hero and Premji in the race

According to sources, the Chinese auto giant SAIC-owned MG Motor may be trying to sell its majority position in the Indian auto industry. It has been reported that the Chinese-British automaker is in “advanced negotiations” for an equity sale with a number of interested parties, including Reliance Industries, Hero Group, Premji Invest, and JSW Group. Although it has not been reported which of these groups is interested, it has been stated that the company is looking to close the deal before the end of this year.

One source who is knowledgeable about the situation commented, “Hectic discussions are on with Indian companies, and MG Motor is looking to close a deal by the end of this year.” The source added that the talks have reached an advanced stage and the reason behind this move is that the company needs funds almost immediately to further increase its operations in the country. The company aims to expand its production and operations in the near future. The source further stated, “Negotiations are on, and the effort of MG management is to get a credible partner while managing attractive valuations.”

The company recently announced that it plans to sell a majority of its stake in the brand to Indian companies and high-net-worth individuals across the country because it wants to raise around Rs 5000 crore for its growth and expansion. Recently, while speaking to the media, MG Motor India CEO Rajeev Chaba stated that the company wants to “Indianise operation” by diluting the majority stake to financial institutions, partners, and high-net-worth individuals in the country. Chaba added, “We intend to Indianise shareholding, the company’s board, management, supply chain in the next two-four years.”

Source: https://www.cartoq.com/mg-motor-india-looking-to-sell-its-majority-stake-to-indian-companies-reliance-jsw-hero-and-premji-in-the-race/

Maruti Suzuki to invest $5.5 bn to double production capacity by 2030

Maruti Suzuki will commission 8 assembly lines with an annual production capacity of 2, 50,000 units each across 2 new facilities

Maruti Suzuki is also planning a series of launches in the SUV and electric vehicle (EV) segments.

MSI Chairman RC Bhargava told the publication in an interview the company received approval to add capacity of up to one million units at the Kharkhoda plant. Bhargava further said the company received in-principle approval for another one million units at a new site. Of the total 4 million planned, one million will be from exports and original equipment manufacturers (OEM) sales.

The remaining capacity planned will enable the automaker to achieve its 50 per cent market share, up from 41 per cent in 2022-23. RC Bhargava said: “Our intent is to get back our market share as close as possible to the 50 per cent we have had in the past”. The company is also planning a series of launches in the SUV and electric vehicle (EV) segments.

Maruti Suzuki was also the largest passenger vehicles (PVs) exporter from India for the second year in a row in FY23. The automaker is targeting 7,50,000 exports by the end of the decade, up from 2,59,000 units in the last fiscal.

Source: https://www.businesstoday.in/auto/story/maruti-suzuki-to-invest-55-bn-to-double-production-capacity-by-2030-380971-2023-05-12

 

Own a manual car? Here’s what you should not do with it: Key tips

Driving a manual transmission-equipped car can be a joy and gratifying experience for someone who loves old-school driving charm, but it requires a certain level of attention and skill. To ensure safety and prolong the vehicle’s life, the driver must avoid certain habits that affect the car and its critical systems in the long run. However, if one can avoid these, then a manual car can deliver the pure joy of driving.

While driving a manual car, many drivers rest their hands on the gear shifter or ride the clutch by putting their foot on the clutch pedal. Some drivers shift gears without fully engaging the clutch pedal, while some downshift to brake. Some drivers take pleasure in over-revving a stationary car. These habits may seem negligible in the short run but affect the vehicle’s critical systems in the long run.

Here are some key tips about how one shouldn’t drive a manual car.

Don’t rest your hand on gear shifter

Resting your hand on the gear shifter can cause unnecessary wear and tear on the transmission system and result in costly repairs. You should only touch the gear shifter when shifting gears. Keep both hands on the steering wheel and avoid resting the hand on the gear stick. In a manual car, wear and tear of gearboxes are not prominent but should be avoided at any cost.

Don’t keep your foot on clutch pedal

Always avoid riding the clutch. Keeping your foot on the clutch pedal while driving can cause excessive wear and tear on the clutch and minimise its lifespan. Such a habit can also cause the clutch to overheat and wear out faster. While shifting gears, fully release the clutch pedal after shifting is done and rest your foot on the dead pedal or on the car floor.

Never shift gears without fully engaging clutch

Driving a manual car is more difficult than an automatic car and requires practice and precision to get used to it. Many drivers shift gears without fully engaging the clutch, which is wrong. Doing so results in a grinding noise from the transmission, which could result in damage to the gearbox leading to costly repairs. Always make sure to engage the clutch pedal fully before shifting gears fully.

Source: https://auto.hindustantimes.com/how-to/own-a-manual-car-heres-what-you-should-not-do-with-it-key-tips-41683439255096.html

MG Motor India in talks with JSW Group for 15-20% stake sale at $2 billion valuation

MG Motor India, which is keen to expand capacity with a new plant and has been on the fund-raising route for nearly a year, likely to ink deal with JSW Group within 4-8 weeks

MG Motor India, the British brand owned by China’s largest car maker Shanghai Automotive, is in advanced talks with homegrown $22 billion conglomerate JSW Group for a stake sale.

With its foreign direct investment proposal with the government of India stuck, MG India has been relying on external commercial borrowings from the parent company to keep its operation afloat. The carmaker, which has its plant in Halol, Gujarat, has been on the fund-raising route for close to a year now and has explored over a dozen potential investors who could acquire a stake in the company.

Autocar Professional learns that M G Motor is seeking a valuation of a minimum $2 billion to $2.5 billion (Rs 16,494 crore to Rs 20,617 crore) and is in talks with JSW for a 15-20% stake dilution. This may lead to a fund infusion of over Rs 2,000 to Rs 3,000 crore in the company, which currently retails five SUVs – Astor, Gloster, Hector 5-seater, Hector Plus and ZS EV – and is set to unveil the two-door compact EV, MG Comet, on April 26.

“Amongst various investors and companies engaged by M G Motor so far, the talks with JSW are progressing well and if both the companies agree on the valuation, the deal may be signed in weeks if not months. If all goes well, the deal is likely to be consummated in 4-8 weeks,” said one of four people aware of the plan.

The negotiations, if fructified, would offer M G Motor a much-needed finance line, beyond loans, to meet its future expansion plans. For JSW, this will mark its entry into the automotive segment, something which has been on the drawing board since 2018. JSW in fact was almost on the final leg of acquiring GM India’s Talegaon plant in 2019 but dropped the plan to do so amid economic headwinds.

On a specific query from Autocar Professional on the likely deal with JSW, Rajeev Chaba, president and MD of M G Motor India, expressed ignorance to and said he doesn’t know about it. He, however, hinted at tht saying, “We are taking one step at a time. Then we will look at what next . . .  we are working with various agencies and institutions and very soon, we should be able to announce something.”

JSW’s CFO recently told PTI that the company intends to manufacture four-wheelers, but gave no further details on the manufacturing location or investments.

The company’s deputy MD told Autocar Professional last week that “It (the plan to enter car business) is being worked out,” said Jayant Acharya, deputy MD and board member at JSW.

MG Motor India’s growing need for a second plant
MG Motor entered India in September 2017 by acquiring General Motors India’s Halol plant. It has been manufacturing vehicles over the past four to five years but since the factory is over a decade-and-a-half old, there is a limitation to the extent to which the brand can produce. Hence, it has been actively exploring a second plant in India for over a couple of years now.

The SUV specialist has already invested close to Rs 5,000 crore in India and was ready to infuse a similar amount, but the FDI proposal has been stuck with the government of India since 2020, after a number of skirmishes at the India-China border.

MG Motor India, which recorded sales of 48,866 units, up 21% YoY, in FY2023, is eying speedy growth this year. It has targeted sales of 80,000 to 100,000 units, provided its supply chain scenario improves. Chaba hopes to break into profits in FY2024 and utilise the complete plant manufacturing capacity by 2024. Hence, the company is currently in need to define its new blueprint, which will take at least a couple of years in setting up a new factory as well as prepare the products to complement the existing range of Astor, Hector, Gloster and now the Comet EV.

In India’s highly competitive passenger vehicle and utility market, MG Motor India has been successful in establishing a strong mindshare with buyers even though its market share has remained sub-2%. Its portfolio of SUVs and EVs have been a key differentiator in the marketplace. Its bullishness on electric mobility is reflected in the investment of almost $100 million (Rs 825 crore) to launch the new compact EV Comet and penetrate deeper into the fast growing zero emission vehicle market in the country.

India has been a key base for SAIC in its internationalisation push, and China’s largest car maker is keen to use India as a key hub for exports in the future.

Source: https://www.autocarpro.in/news-national/exclusive-mg-motor-india-in-talks-with-jsw-group-for-15-20-stake-sale-at-$2-billion-valuation-114810

Tesla is the most recalled car brand, Mercedes-Benz and Toyota least

Tesla has been identified as the most recalled car brand. A study by iSeeCars revealed that Tesla cars like Model 3, Model Y, Model S and ModeX are the top four most recalled car models. Porsche Panamera is the other model in the top four most recalled cars. On the other hand, the study claims that Lexus, Mercedes-Benz and Toyota are the least recalled car brands globally. The research claims to have consulted the National Highway Traffic Safety Administration’s (NHTSA) list of recalls between 2014 and 2023.

Among other car manufacturers, Porsche has four of its models among the most recalled cars. The goal of the study was to check what are the most and least recalled car models throughout an expected 30-year lifespan.

The study also revealed that the cars with the fewest recalls have one of fewer predicted recalls over a 30-year lifespan. On the contrary, the most recalled models are predicted to be recalled at least ten times during the same lifespan. These factors should be considered while purchasing a vehicle, stated the study.

Source: https://auto.hindustantimes.com/auto/cars/tesla-is-the-most-recalled-car-brand-mercedes-benz-and-toyota-least-41681880036184.html

Lamborghini Urus S performance SUV launched: 5 things you should know

The Urus has been one of the most successful products to come from Lamborghini. It is a performance SUV that blends the practicality of an SUV with the performance of a sports car. In fact, the brand delivered 200 units of Urus in India. Lamborghini also launched the Urus Performante in the Indian market last year. Now, the standard Urus has been discontinued and taking its place is the Urus S. Here are five things that one should know about the Urus S.

Lamborghini Urus S: Focus more on luxury

The Urus S focuses more on luxury so it uses leather upholstery. Although, customers can get the interior finished in Alcantara as well but it is an option. Being the luxury version, Lamborghini is offering different choices of materials.

Powering the Lamborghini Urus S is the same 4.4-litre V8 that has been twin-turbocharged. It puts out 666 hp and a peak torque output of 850 Nm. It is mated to an 8-speed automatic gearbox that transfers the power to all four wheels.

The interior of the Lamborghini Urus S offers a fully-revised colour and trim offer. Services such as Remote Park via the Lamborghini Unica App can be managed through smartphone integration with the enhancement of smartwatch controls including the virtual car key function.

Lamborghini Urus S: Design

In terms of design, not a lot has changed. It still has an aggressive front face with no changes to the headlamps or the tail lamps. As standard, Urus S comes with 21-inch alloy wheels. The customer can also opt for optional 22-inch and 23-inch wheels.

Lamborghini Urus S: Performance

The top speed of the Lamborghini Urus S is 305 kmph and it can sprint from 0-100 kmph in claimed 3.5 seconds which is quite fast for a SUV. Moreover, a 0-200 kmph sprint takes just 12.5 seconds.

Source: https://auto.hindustantimes.com/auto/cars/lamborghini-urus-s-performance-suv-launched-5-things-you-should-know-41681462464863.html

Two-wheeler EV leaders get show-cause notices

After stopping FAME-2 subsidy to electric two-wheeler (E2W) companies for almost one year due to allegations of breach in guidelines, the government has issued show-cause notices to several leading firms, including TVS, Hero Motocorp, Ola Electric and Ather Energy, said sources close to the development.

There are around 50 E2W companies/brands in India and around 20-21 are certified to get subsidies under the FAME-2 scheme. (IE)

After stopping FAME-2 subsidy to electric two-wheeler (E2W) companies for almost one year due to allegations of breach in guidelines, the government has issued show-cause notices to several leading firms, including TVS, Hero Motocorp, Ola Electric and Ather Energy, said sources close to the development.

The notices have been issued asking why action should not be taken for their alleged involvement in price manipulation and failure to adhere to the guidelines over localisation of components leading to flouting of norms under the Phased Manufacturing Programme (PMP). The notices were issued 10 days ago and company representatives have held dialogues with government officials to explain their stand.

There are around 50 E2W companies/brands in India and around 20-21 are certified to get subsidies under the FAME-2 scheme. And subsidies have been halted for 16-18 companies currently.

Sources said that other companies might also be issued show-cause notices in the future.

When contacted, Ather Energy did not comment. Mails sent to TVS Motor Company, Hero MotoCorp and Ola Electric remained unanswered at the time of going to press. These four companies control 40-45% of the domestic E2W market.

The names of the four premier EV companies were mentioned by an alleged whistle-blower in a mail sent in February to Hanif Qureshi, joint secretary, heavy industries ministry.

“The show-cause notice has been issued to almost everybody. We will get it shortly too. Executives from various companies such as Ola Electric, Ather Energy and TVS, who never spoke before about the issue with us, have now started to discuss ways to tackle this issue,” a top executive of an EV startup said to FE.

Source: https://www.financialexpress.com/express-mobility/industry-express-mobility/two-wheeler-ev-leaders-get-show-cause-notices/3044836/

Russia officially charges US Wall Street Journal reporter Evan Gershkovich with spying

Russia today formally charged Wall Street Journal journalist, Evan Gershkovich, with espionage after he was detained on Wednesday, March 29

Russia has today officially charged American Wall Street Journal reporter Evan Gershkovich with spying.

Mr Gershkovich, 31, was arrested in Yekaterinburg, Russia’s fourth-largest city, on March 29 and was today formally charged the US journalist with espionage.

He was accused of “acting on the instructions of the American side” and collecting information “constituting a state secret about the activities of one of the enterprises of the Russian military-industrial complex”.

The Wall Street Journal reporter is widely seen as a victim of repression by Vladimir Putin’s regime and “categorically denies” all allegations.

He was engaged in legitimate journalism when he was detained by the FSB security service, according to colleagues. If convicted, he faces up to 20 years in jail.

Evan Gershkovich escorted out of the Lefortovsky court in Moscow ( Image: AFP via Getty Images)

Russia’s Federal Security Service accused Gershkovich of trying to obtain classified information about a Russian arms factory. The Journal has denied the accusations.

State-run TASS news agency reported that Mr Gershkovich has denied the charge. Mr Gershkovich was ordered held behind bars for two months in Russia pending an investigation.

The US ambassador to Russia, Lynne T. Tracy, and Russian Deputy Foreign Minister Sergei Ryabkovand met on Thursday to discuss his case, the Russian Foreign Ministry said.

Evan Gershkovich being escorted out of the Lefortovsky court in Moscow on March 30 ( Image: AFP via Getty Images)

In a statement afterwards, the Russian side said: “It was emphasized that he was caught red-handed while trying to obtain secret information, using his journalistic status as a cover for illegal actions.”

The ministry added that “the hype in the United States around this case, which is aimed at putting pressure on the Russian authorities and the court, which should decide the fate of Gershkovich, is hopeless and senseless.”

Mr Gershkovich is the first US correspondent since the Cold War to be detained for alleged spying.

Lawyers representing Mr Gershkovich met with him on Tuesday for the first time since his detention, according to The Wall Street Journal.

Source: https://www.mirror.co.uk/news/us-news/breaking-russia-officially-charges-wall-29656781

Over 143k Volkswagen SUVs recalled due to issue that could affect front passenger airbag deployment

The recall said the front passenger seat shouldn’t be used until the issue gets fixed

A recall issued by the Volkswagen Group of America for over 143,000 sport utility vehicles (SUVs) is underway, the National Highway Traffic Safety Administration (NHTSA) announced Tuesday.

The consumer alert put out by the NHTSA said the passenger occupant detection systems in the SUVS subject to the recall could “deactivate the front passenger air bag even when the seat is occupied.” Such deactivation could occur if certain wiring that connects to the system “has a contact fault,” a recall report published in the NHTSA website said.

That could make the injury risk of any person sitting in the seat higher because a deactivated airbag “will not deploy” in a wreck, according to the NHTSA.

Volkswagen emblem is seen on the car in Krakow, Poland on November 10, 2022. (Jakub Porzycki/NurPhoto via Getty Images / Getty Images)

The recall report said over 143,000 Atlas models from 2018 to 2021 and Atlas Cross Sport models from 2020 are potentially impacted by the problem. The recall was issued in late March.

Until the issue has been remedied, the front passenger seat should not be used by people, according to the report.

Mail notification of the recall will kick off in May for owners, with another planned to be sent “once the remedy becomes available,” the notice on the NHTSA website said. It is currently being developed.

Source: https://www.foxbusiness.com/lifestyle/over-143k-volkswagen-suvs-recalled-issue-could-affect-front-passenger-airbag-deployment

Top 10 safest cars in India: Virtus, Slavia lead the list with 5-star rating

Volkswagen and Skoda Auto has proven how German engineering can ensure some of the safest cars around the world. Four of their products, which include sedans like Virtus and Slavia and SUVs like Taigun and Kushaq, are now the safest among all the cars one can buy in the country. However, it does not mean that Indian carmakers are lagging too far behind. Led by auto giants like Tata Motors and Mahindra, the list of 10 safest cars also include six models, few of them with five-star Global NCAP ratings. Here is a quick look at the top 10 safest cars of India.

Volkswagen Virtus

The compact sedan from the German auto giant is the latest entrant in the list. Along with its technical cousin Skoda Slavia, Virtus has become India’s first sedan to sail through the Global NCAP crash tests with the highest possible five-star rating in both adult and child occupant protection tests. Virtus scored 29.71 out of 34 points in Adult occupant protection test and 42 out of 49 points in Child occupant protection test.

Skoda Slavia

Underpinned by the same platform used for Virtus, Slavia is Skoda’s flagship model which replaced the older Rapid sedan last year. The new platform along with enhanced safety measures, helped the sedan to notch up highest safety rating at the Global NCAP. Slavia scored similar points as the Virtus. Both sedans were also tested for pedestrian safety measures too.

Volkswagen Taigun

The safest SUV on Indian road also comes from the German carmaker Volkswagen and its Czech partner Skoda. The Taigun compact SUV scored the perfect 5 at the Global NCAP crash test last year. The SUV secured five-star safety rating in both adult and child occupant protection measures, a first for any cars from India. With an overall safety score of 71.64 points, the Taigun is the safest car in India.

Skoda Kushaq

Kushaq compact SUV from Skoda, which is the technical cousin of the Volkswagen Taigun, returned with the similar safety rating at the Global NCAP crash tests. Built on a shared platform and offered with similar safety features, the Kushaq also scored five-star safety rating in both adult and child occupant protection programme.

Mahindra Scorpio-N

The Scorpio-N SUV, which is the new generation version of the flagship Scorpio SUV from Mahindra and Mahindra has received the highest safety score among all Indian cars. It scored 58.18 points at the Global NCAP crash tests in which the SUV secured five-star rating in adult occupant protection, but scored only three-star in child occupant protection. It is now officially the safest SUV from the Indian carmaker.

Mahindra XUV700

Mahindra’s flagship XUV700 SUV was earlier its safest car on offer. The XUV700 had also secured five-star rating with top honours in the adult occupant protection programme and four-star rating child occupant protection. However, with an overall safety score of 57.69 points, it now sits slightly lower than the Scorpio-N.

Tata Punch

The safest car from another Indian carmaker Tata Motors is the smallest SUV that any company offers in the country. The Punch surprised a few by securing overall five-star rating at the Global NCAP. The safety ratings were similar to the XUV700 when it came to adult or child occupant protection programme. However, the overall safety score of Punch is 57.34 points.

Source: https://auto.hindustantimes.com/auto/cars/top-10-safest-cars-in-india-virtus-slavia-lead-the-list-with-5-star-rating-41680606744878.html

Jeep Wrangler Magneto 3.0 EV Concept Packs 650 Horsepower For Effortless Off-Roading

This is the third iteration of the all-electric two-door concept.

Jeep unveiled its lineup of special vehicles designed specifically for this year’s Easter Jeep Safari and among them, there’s an all-electric, Wrangler-based concept named Magneto 3.0

As the name suggests, it’s the third version of the vehicle, with the first one being unveiled back in 2021, when it featured a custom-built axial flux electric motor capable of operating at up to 6,000 rpm and tuned to deliver up to 285 horsepower and 273 pound-feet (370 Newton-meters) of torque.

It also had a six-speed manual transmission and four-wheel drive, making it quite capable on rough trails. But it wasn’t enough, so one year later the peak amperage of the propulsion system was updated to 600 amps, which upped the peak torque to a massive 850 lb-ft (1,152 Nm) and the power to 625 hp.

For 2023, the Jeep Wrangler Magneto Concept was again improved, with more power and torque (650 hp and 900 lb-ft or 1,220 Nm), as well as three new driver-selectable functions.

First, the person behind the wheel can choose between two power settings: standard (285 hp and 273 lb-ft/370 Nm) and maximum, which unleashes everything the electric motor has to give.

Then, there is a two-stage power regeneration mode which can either be turned off or set in the enhanced position that uses the electric motor for brake regen.

Source: https://insideevs.com/news/660029/jeep-wrangler-magneto-3-concept-ev/

Tata records highest-ever annual sales in FY2023 led by Nexon, Punch, Harrier

Tata Motors reported its highest-ever annual sales in FY2023 as the company sold 538,640 passenger vehicles between April 2022 and March 2023, growing by 45.43 per cent year-on-year when compared to 370,372 units sold in FY2022. The automaker continues to be the third largest player in the PV segment after Maruti Suzuki and Hyundai. Tata’s growth was driven by its SUVs – Nexon, Punch, Harrier and Safari – which recorded their highest-ever annual sales respectively, contributing over 66 per cent to the total volume.

Tata Motors’ domestic passenger vehicle sales (ICE + EV) stood at 44,044 units in March 2023, a growth of four per cent over 42,293 units sold in March 2022. Exports contributed 181 units to overall volumes last month, growing by 5 per cent compared to 173 units in March last year. Meanwhile, electric vehicle sales grew 89 per cent in the last month to 6,509 units, from 3,452 units in March 2022.

Speaking on ending the fiscal on a high, Shailesh Chandra, Managing Director, Tata Motors Passenger Vehicles Ltd. and Tata Passenger Electric Mobility Ltd. said, “FY23 has set a new record for passenger vehicle sales in India. The steep growth witnessed by the industry was driven by post-COVID pent-up demand in the early part of the year, the launch of several new vehicles and the easing of the semiconductor shortage. While SUVs and EVs led this growth, customers’ rising preference for safe vehicles and smart technology features was equally pronounced. Tata Motors scaled a new sales peak by posting its highest-ever annual domestic sales of 5,38,640 units, achieving a robust 45 per cent sales growth over FY22 and registering its third successive year of industry-beating growth. All four SUVs – Nexon, Punch, Harrier and Safari, recorded their highest-ever annual sales, contributing a substantial 66 per cent of the total volume.Haval H6 (HT Auto photo)

Tata Motors continued to lead the EV (domestic + exports) segment in FY2023 with 50,043 units sold, an impressive hike of 154 per cent in volumes over 19,668 units sold in FY2022. Sales grew by 70 per cent in the last quarter of FY2023 (January to March 2023) for EVs, up from 19,668 during the same period a year ago.

“Being the leader in the fast-growing EV segment, we continued to accelerate both its adoption as well as the development of its enabling ecosystem. Tata Motors crossed the significant landmark of 50,000 EV sales in FY23, its highest ever, to post a significant growth of 154% over FY22. In addition, we also recorded the highest-ever quarterly and monthly EV sales of 15,960 (Q4FY23) and 6,509 (Mar’23) respectively. EV penetration in our portfolio continued to increase from ~7 per cent (Q1FY23) to ~12 per cent (Q4FY23) of our total sales,” Chandra added.

Tata Motors expects the demand to remain strong for passenger vehicles in the new financial year with the demand for EVs growing rapidly as well. The automaker commands an 85 per cent market share in the passenger EV segment in India. That said, Chandra did say that the growth rate of the PV industry “may moderate due to a strong base effect as well as macro factors including interest rates, rising inflation, and the cost impact from progressive regulatory norms.”

For Commercial Vehicle (CV) sales, Tata Motors’ domestic volumes stood at 393,317 units in FY2023, growing by 22 per cent over 322,182 units sold in FY2022. CV exports stood declined by 42 per cent in the last fiscal to 20,222 units from 34,790 in FY2022. CV sales in March remained nearly flat at 45,307 units, up by 2 per cent from 44,425 units in March 2022. The passenger carrier segment showed the strongest growth for Tata Motors last month with 3,973 units sold, a hike of 47 per cent year-on-year over 2,703 units sold in March 2022. Meanwhile, the medium and heavy vehicle segment grew by 10 per cent with 10,963 units sold in March. CV exports in March 2023 stood at 1,516 units, a decline of 42 per cent over 2,625 units shipped in March last year.

Source: https://auto.hindustantimes.com/auto/cars/tata-records-highest-ever-annual-sales-in-fy2023-led-by-nexon-punch-harrier-41680341386660.html

Maserati MC20 with 630 hp launched at ₹3.69 crore

Maserati first launched the MC20 supercar back in 2020 globally. Now, the brand has finally decided to launch the MC20 in the Indian market. It is priced at 3.69 Crore ex-showroom. This price is before the customer chooses any options. The MC20 can be considered a spiritual successor to the MC12. Unlike the MC12, which was based on the Ferrari Enzo, the MC20 is an all-new model.

MC20’s engine is mid-mounted, it is a 3.0-litre V6 which might seem small in displacement at first. But Maserati says that they are using patented technology from F1. The engine is capable of putting out 630 hp and 730 Nm of peak torque output. It comes mated to an 8-speed dual-clutch automatic transmission that transfers the power to the rear wheels only. Maserati calls the engine “Nettuno” and the driver can choose from four different driving modes.

Maserati has used a lot of carbon fibre to drop the weight of the MC20 down. The vehicle weighs less than 1.5 tonnes and has a weight distribution of 59 per cent at the rear and 41 per cent at the front. The chassis on the MC20 is of monocoque type and it weighs just 100 kg.

Source: https://auto.hindustantimes.com/auto/cars/maserati-mc20-with-630-hp-launched-at-rs-3-69-crore-41680239696210.html

Mahindra Thar achieves production milestone of 100,000 units

Mahindra & Mahindra on Wednesday announced that it has achieved a production milestone of 100,000 units for that latest generation Thar in less than 2.5 years. The SUV was launched in its latest form factor in October of 2020 with various updates such as a petrol engine, automatic transmission, new styling updates on the outside and a more connected and upmarket cabin. The SUV has won multiple awards and accolades for its performance and design.

This feat highlights the popularity of Thar and the growing demand for SUVs in the country. The landmark unit of Thar was rolled out donning a white body colour. Thanks to its off-roading capabilities, sporty design language, a long list of features and all-terrain capabilities, the SUV is suitable for both city and highway driving needs. “We are thrilled to see the Thar become a part of so many memories and journeys, be it a camping adventure or a weekend getaway with friends,” said Veejay Nakra, President – Automotive Division, Mahindra & Mahindra.

The SUV is now available in both 4×4 and RWD variants, providing wider range of options to customers. The 4×4 variant of the Thar has been designed for those looking for off-roading adventures, thanks to its robust drivetrain, high ground clearance, and advanced features such as mechanical locking differential and a shift-on-the-fly transfer case.Volkswagen Vento (HT Auto photo)

The RWD variant of the Thar is touted to be ideal for those looking for a distinctive design and comfortable daily commute vehicle as well as for highway use.

Source: https://auto.hindustantimes.com/auto/news/2020-mahindra-thar-achieves-production-milestone-of-100-000-units-41680082066680.html

New Chapter in Intelligent Transport: Baidu Begins Driverless Taxis in Beijing

Baidu’s driverless robotaxi service (Picture courtesy: Baidu)

A self-driving robotaxi developed by Chinese search provider and artificial intelligence (AI) heavyweight Baidu and Chinese carmaker FAW Hongqi participates in a test ride for seed passengers in Changsha, central China’s Hunan Province, Dec. 6, 2019. Driverless taxis are now available for hire in suburban Beijing, marking a new chapter in intelligent transport, China Daily reported Monday.
Beijing earlier in March granted licenses to Chinese tech giant Baidu and autonomous vehicle startup Pony.ai to run fully driverless robotaxi services, according to the news report. This is the first time that a fully autonomous fleet of vehicles has been granted permission to operate in a world-class metropolis, the report added.

The two companies, both among the leading players in China’s autonomous driving industry, have each deployed 10 autonomous vehicles in a 60-square-kilometer area in Yizhuang, located in the southern suburb of Beijing, according to the report.
It added that Baidu plans to expand its autonomous ride-hailing services to 65 cities in 2025 and 100 in 2030. China’s self-driving taxi service is expected to reach 1.3 trillion (188.6 billion U.S. dollars) by 2030, accounting for 60 percent of the country’s ride-hailing market at that time, the report stated, citing forecasts from global consultancy IHS Markit.

Nitin Gadkari says India can become No. 1 EV maker, J&K reserves hold key

Gadkari, speaking at an event organized by Confederation of Indian Industry in New Delhi, explained that by reducing imports of lithium in the times to come, India has the potential to emerge as a strong EV player. “Every year, we import 1,200 tonnes of lithium. Now, in Jammu and Kashmir, we got lithium. (If) we can use this lithium ion, we will be the number one automobile manufacturing country in the world,” he was quoted as saying by news agency PTI.

India recently overtook Japan as the world’s third-largest vehicle market, only behind China and the US now. Gadkari says that the Indian automobile industry is worth around $7.5 lakh crore. With the discovery of around 5.9 million tonne of lithium which is a key component in manufacturing of EVs, India also has the potential to accelerate its ambitions of zero-emission mobility. Additionally, officials confirm that the lithium available in J&K is of a high grade.

Source: https://auto.hindustantimes.com/auto/electric-vehicles/nitin-gadkari-says-india-can-become-no-1-ev-maker-j-k-reserves-hold-key-41679661017751.html

Get set to pay more for Baleno, Grand Vitara and other Maruti models from April

Maruti Suzuki is all set to increase the prices of its model range from April 1. The company on Thursday informed in a regulatory filing that prices will be increased for its model range from April in order to partially offset the impact of rising inflation and regulatory requirements. However, the carmaker hasn’t yet revealed the quantum of price hike that it intends to implement.

Maruti Suzuki said that while it makes “maximum effort to reduce cost and partially offset the increase”, it has become imperative to pass on some of the impact through a price increase. “This price hike is in response to general inflationary pressures as well as regulatory requirements like RDE norms which come into effect from April 1,” the company’s Executive Director for Marketing and Sales, Shashank Srivastava said. “We have already made modifications in many of our models to meet with the newer norms.”

Srivastava noted that the company has had seven price hikes since January of 2021 in small amounts. He explained that material cost is 75 % of cost structure for OEMs and inputs costs have been rising. “A single large hike did not happen from most OEMs because there was uncertainty over demand over the past years. We do not want to compromise overall demand in PV (passenger vehicle) industry,” he added.Maruti Suzuki Celerio (HT Auto photo)

Source: https://auto.hindustantimes.com/auto/news/maruti-baleno-brezza-other-models-to-get-costlier-from-april-41679556326055.html

Kia EV9 leaked hours before debut; This is how the electric SUV will look like

Kia EV9 electric SUV is all set for global debut tomorrow, March 15. But, ahead of the official unveiling, the latest electric car from Kia has been leaked online through social media. The leaked images of the Kia EV9 has surfaced on Instagram, giving a clear look at the exterior and the interior of the three-row electric SUV. The images also confirm that the production version of the EV9 will look almost similar to its concept version showcased about a couple of months ago at the Auto Expo 2023. The EV9 will be the second electric vehicle from Kia based on the eGMP platform, which also underpins the

Kia EV9, according to the leaked images, will have minor changes to the outside, The front face now comes with a LED headlight unit with similar design seen on the concept version. The side-mirrors are now more traditional while the doors will come with flush handles. The taillights remain similar but have grown larger. The alloy wheel design also remains largely similar to the concept version. The EV9 is likely to stand on 21-inch alloy wheels while the lower trims will have either 19 or 20-inch wheels.

The images also offer a clear look inside the EV9 for the first time. There will be three rows of seats six-seater and seven-seater configuration. The dashboard design is simplistic with a large digital touchscreen display. There is an armrest between the seats with two cupholders and a wireless charger. There is also a large storage bin underneath. The steering wheel is round with mounted controls.

Kia EV9 will be equipped with advanced technology in terms of connectivity, safety, comfort and automation. Kia is expected to debut the AutoMod autonomous driving system with the new EV9.

Source : https://auto.hindustantimes.com/auto/electric-vehicles/kia-ev9-leaked-hours-before-debut-this-is-how-the-electric-suv-will-look-like-41678799287714.html

Hyundai zeroes in to acquire GM’s facility in Talegaon to boost production

Hyundai Motor is one step closer to set up its third manufacturing facility in India. The Korean auto giant is inching closer to acquire the now-defunct Talegaon facility owned by US-based General Motors. India’s second largest car manufacturer has recently signed a term sheet with General Motors India to acquire the facility which is located around 160 kms from Mumbai. This will be Hyundai’s third facility in India, besides the two existing plants at at Irungattukottai and Sriperumbudur in Tamil Nadu.

A worker assembles a new vehicle on the assembly line at the General Motors plant in Talegaon, about 160 kms northeast of Mumbai. (File photo)

Hyundai Motor has signed a term sheet with General Motors which includes buying the land, building, certain equipments and machinery from the US auto giant as part of the deal. However, there is still one more step to be completed for Hyundai to fully acquire the facility. This includes signing of another agreement on asset purchase. After that, the carmaker will require nods from all stakeholders, including the concerned government, before it can start using it.

The Talegaon facility has been left defunct ever since General Motors decided to quit India business. GM stopped making cars in India in 2017 after a bad run in sales for more than a year. Among the two facilities it owned in India, the Talegaon facility was earlier expected to be acquired by Chinese carmaker Great Wall Motor. However, the Chinese carmaker’s India business failed to take off and the acquisition failed last year. Besides Great Wall Motor, Tata Motors and Mahindra and Mahindra were also in the fray to acquire the facility.

Source : https://auto.hindustantimes.com/auto/cars/hyundai-zeroes-in-to-acquire-gm-s-facility-in-talegaon-to-boost-production-41678681037523.html

Maruti Suzuki says chip shortage could continue for few more quarters

Maruti Suzuki India expects that the shortage of the semiconductor chips will last for the next few quarters, leading to further increase in order backlog of certain models. The country’s largest carmaker has pending bookings stretching to 3.69 lakh units with Ertiga having the highest number of bookings, close to 94,000.

Maruti Grand Vitara and Brezza have an order backlog of around 37,000 and 61,500 units, respectively. For the Jimny and Fronx, the company has received around 22,000 and 12,000 bookings, respectively.

The automaker, due to the chip shortage, has already witnessed a production loss of close to 46,000 units in October-December period and is expecting some impact on the production in the ongoing quarter as well. “The semiconductor shortage still continues,” Maruti Suzuki India Senior Executive Officer – Marketing and Sales, Shashank Srivastava, told PTI. “It is difficult to predict exact timelines when it will become normal because the visibility is not there,” he added.Nissan Juke (HT Auto photo) Skoda Slavia (HT Auto photo) Toyota Belta (HT Auto photo)

Speaking about the overall passenger vehicle (PV) industry, Srivastava noted that SUVs continue to lead with a share of 42. 6 per cent and hatchbacks account for 35 per cent. The PV industry so far this fiscal year has witnessed sales of 35.5 lakh units and is expected to end the year with 38.8 lakh units mark, the highest ever number till date.

Source: https://auto.hindustantimes.com/auto/news/maruti-suzuki-says-chip-shortage-could-continue-for-few-more-quarters-41677999611456.html

MG Motor’s upcoming electric car for India named Comet, to debut soon

MG Motor India is working on a new compact electric vehicle for the Indian market. It will be launched in India sometime later this year. Now, the brand has announced that the new electric vehicle will be called Comet. The name derives inspiration from the iconic 1934 British airplane which participated in the England-Australia MacRobertson Air Race.

According to Mr. Rajeev Chaba, President and Managing Director, MG Motor India, “Urban mobility is at a point of inflexion where New Age solutions are needed to address both the current as well the forthcoming challenges. As we move further into the digital age, we will witness an exceedingly large number of innovations that could range from futuristic technologies to unique designs to clean mobility and many others. We at MG, through ‘Comet’, intend to take the needed decisive steps and a ‘leap of faith’ in the direction of creating solutions for a better future for each one of us.”

As of now, the details about the battery pack and the electric motor have not been revealed. It is expected that the battery pack’s capacity will be slightly larger than 20 kWh. The claimed driving range on a single charge will be around 250-300 km. The power output is expected to be around 40 bhp.

Source: https://auto.hindustantimes.com/auto/electric-vehicles/mg-motor-s-upcoming-electric-car-for-india-named-comet-to-debut-soon-41677742583721.html

Royal Enfield Hunter 350 launched at ₹1.50 lakh

The Hunter 350 is currently one of the most affordable Royal Enfield bikes that is on sale.

Royal Enfield has launched the Hunter 350 in the Indian market at a starting price of 1.50 lakh for the Retro variant. The higher-spec Metro Dapper variant costs 1.64 lakh and the top-end variant is called Metro Rebel and it is priced at 1.68 lakh (all prices are ex-showroom). The Hunter 350 was one of the most awaited products from the manufacturer.

The Hunter 350 uses the same engine as the Classic 350 and the Meteor 350. The 349 cc, air-oil cooled engine produces 20.2 bhp of max power and 27 Nm of peak torque. The engine is mated to a 5-speed gearbox. Royal Enfield has retuned the fuel and ignition map of the engine to suit the characteristics of the Hunter 350. The top speed of the motorcycle is 114 kmph. The fuel tank measures 13 litres and the motorcycle weighs 181 kgs.

Source: https://auto.hindustantimes.com/auto/two-wheelers/royal-enfield-hunter-350-launched-at-rs-1-50-lakhs-41659876078672.html

Tata Motors to launch XT variant of Tiago NRG soon, mechanically to be same

Tiago NRG is a more rugged version of the Tiago. It comes with a host of cosmetic changes to the exterior.

Tata Motors has teased a new variant of the Tiago NRG. It is expected that the new variant will be the XT variant. As of now, the Tiago NRG is only offered with the top-spec XZ. The upcoming XT variant of Tiago NRG will be more affordable than the top-spec variant and will sit below it. We are expecting Tata Motors to launch the Tiago NRG in the coming weeks.

The NRG version of the Tiago gets only cosmetic changes. The additional body cladding does give a rugged stance to the Tiago NRG. When compared, the Tiago NRG is 37 mm longer than the regular Tiago. There are no changes to the underpinnings, the additional length comes from the added body cladding in the front and back.

Source: https://auto.hindustantimes.com/auto/news/renault-to-carry-on-with-separating-electric-and-combustion-engine-businesses-41659248180135.html

Mahindra & Mahindra enters NFT universe, first tranche of tokens to be based on Thar SUV

This first-ever series comprises four NFTs that will be put up for sale via an auction starting from March 29 on Tech Mahindra’s NFT marketplace, M&M said.

Automobile manufacturer Mahindra & Mahindra (M&M) on March 25 announced its entry into the realm of non-fungible tokens (NFTs), with its first-ever tranche of tokens to be based on Thar – the company’s premium sports utility vehicle.

The NFTs will be released in collaboration with Tech Mahindra, the IT arm of Mahindra Group.

“This first-ever series comprises four NFTs that will be put up for sale via an auction starting the 29th of March 2022, on Tech Mahindra’s NFT marketplace christened ‘Mahindra Gallery’,” a press release stated.

All proceeds from the auction will go towards Project ‘Nanhi Kali’, to support the education of underprivileged girls in India, M&M said.

“The winners of the auction will be invited to the Mahindra Adventure’s off-road Driver Training Academy (Igatpuri, Maharashtra) or to the new state-of-the-art Mahindra SUV Proving Track (MSPT, Chennai), to experience the thrill of 4×4 motoring,” it added.

Notably, NFTs are at the forefront of blockchain technology and have captured the interest of a significant digitally savvy audience.

According to Veejay Nakra, CEO of Automotive Division of M&M, the launch of NFTs is another step for the company to “leverage the next frontier of digital marketing”.

The Mahindra Gallery, where the NFTs will be launched, “is a one-stop-digital assets and collectibles marketplace for all patrons of the Mahindra Group”, Tech Mahindra CEO CP Gurnani said.

“This platform-of-the-future will emerge as a key lever to showcase the rich archives and history of the Group that everyone can own in the form of NFTs, ushering in the next wave of digital ownership,” he added.

Top 5 upcoming car launches in April 2022 – Buy now or wait for the right car?

Check out our list of the top upcoming new car launches in the month of April!

We take a look at all the upcoming car launches in April 2022.

The month of March saw quite a number of car launches in the country. We got the Skoda Slavia, Maruti Suzuki Baleno, Toyota Glanza, BMW X4, Lexus NX and a whole lot more. In that regard, the month of April also promises to come with quite a number of launches, as the Indian auto industry slowly climbs its way back to normalcy. So, is it wise to buy a new car right now or wait for the right car? Well, that’s the reason we’ve compiled a list of the top five most exciting car launches coming up next month. Hopefully, these upcoming top new car launches should help in answering that question!

Maruti Suzuki XL6

A number of spy shots have already surfaced on the internet, which points to a number of design-based updates to the updated XL6 MPV. We could also see a revision of the features list, just like the Baleno, with a whole host of segment-first features, to combat the threat posed by the Kia Carens. Although it won’t be as heavy an update as the Baleno, there will certainly be a number of distinguishing features. One major change expected on the XL6 has to be the addition of the six-speed torque converter unit instead of the outdated four-speed one.

Maruti Suzuki Ertiga

Just like the XL6, the Ertiga, too, will come with a number of cosmetic changes. Again, the six-speed torque converter could make its way to the Ertiga as well. In terms of differences between the upcoming XL6 and Ertiga, there’s the usual body cladding on the former, that should be carried forward, while the rear-end could be pretty much the same on both models. However, the front-end, like the current-generation models, could be unique to each. One other area where the Ertiga will set itself apart is the CNG department.

Volvo XC40 Recharge

Trusted online sources report that the XC40 Recharge as already been listed on Volvo’s India website. In case you’re wondering, it’s priced at Rs 75 lakh, which is quite a tidy sum of money, given that this the all-electric version of Volvo’s entry-level SUV. However, do note that these prices have not been confirmed yet by the Swedish automaker. It’s expected to come with a 78kWh battery pack, 400-odd kilometres of range and 408hp of peak power.

Source: https://www.firstpost.com/auto/top-5-upcoming-car-launches-in-april-2022-buy-now-or-wait-for-the-right-car-10488601.html

Maserati Grecale SUV Unveiled Globally, Electric Variant to Arrive Next Year

Maserati Grecale SUV. (Image source: Maserati)

Maserati has unveiled the Grecale SUV. Developed at the Maserati Innovation Lab in Modena, the new SUV is produced at the Cassino plant. Grecale is a range within the range, the Trident brand’s fullest ever. The company is offering a range of engines including conventional internal combustion, hybrid and, in a year’s time, Grecale will also be the first full-electric SUV in Maserati history.

Three versions will be rolled out at launch including a GT, powered by a four-cylinder mild-hybrid engine capable of delivering 300 hp; Modena, with a four-cylinder 330-hp mild-hybrid engine; and the powerful Trofeo, equipped with a high-performance 3.0L 530-hp petrol V6 based on the Nettuno engine fitted to the MC20. At launch, the Grecale is also available in the PrimaSerie Launch Edition, a limited edition featuring exclusive content.

To complete the range, the Grecale Folgore, the 100% electric version with 400V technology. It comes with an acceleration of 0-100 km/h in 3.8 seconds – on the Trofeo, top speed 285 km/h – again on the Trofeo, sound quality and extensive use of fine materials such as wood, carbon fibre and leather.

Source: https://www.news18.com/news/auto/maserati-grecale-suv-unveield-globally-electric-variant-to-arrive-next-year-details-here-4898684.html

Suzuki To Invest ₹ 104.4 Billion In India To Manufacture EVs, Batteries

The MOU was signed on March 19, 2022 at India-Japan Economic Forum held in New Delhi, India, in the presence of Japanese Prime Minister Fumio Kishida and Indian Prime Minister Narendra Modi.

Lamborghini ups speed, reports 2021 as its best year ever for sales and profit

Lamborghini is in the fast lane the world over with the US, China and Germany continuing to power bulk of the sales.The success of Lamborghini Urus SUV continues to help prospects.

Lamborghini is in the fast lane and how. The makers of some of the most iconic supercar models in the world recently reported an all-time high turnover of 1.95 billion euros, a 19% increase over 2020, with 8.405 cars delivered the world over. This is a 13% rise over delivery figures in 2020 with the most noticeable rise coming in from America and Asia-Pacific regions.

Source: https://auto.hindustantimes.com/auto/news/lamborghini-ups-speed-reports-2021-as-its-best-year-ever-for-sales-and-profit-41647579722561.html

Ola S1 Pro purchase window to reopen on this date with new ‘Holi’ special colour

Ola S1 Pro is the first electric scooter from Ola Electric and the company follows a direct-to-home delivery model with sales entirely online.

Ola S1 and S1 Pro electric scooter variants are priced upwards of ₹1 lakh (ex showroom and ex incentives)

Ola S1 Pro electric scooter is selling like hotcakes and while Ola Electric may have had to deal with delivery-related issues in the past few months, the company has announced that the next purchase window for Ola S1 Pro will reopen on March 17 who have already reserved a unit, and March 18 for everyone else.


Ola S1 Pro in Gerua or orange colour in gloss.

Source : https://auto.hindustantimes.com/auto/two-wheelers/ola-s1-pro-purchase-window-to-reopen-on-this-date-with-new-holi-special-colour-41647268930930.html

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