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Terming this as adverse commentary, Shailesh Chandra makes it amply clear that hybrids aren’t the answer even while a bit of business is batting aggressively for this alternative. The authorities is urging the car trade to considerably boost investments in sustainable technologies like flex gas, green hydrogen, and LNG autos. It additionally seeks more scrappage and fitness facilities, and higher incentives for scrapping old autos. Industry leaders acknowledge the excessive expectations but spotlight current challenges in fuel provide and infrastructure.
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Jeep’s first US-bound electrical vehicle is a high-powered Wagoneer, set for a fall 2024 launch. Qualcomm’s automotive revenue in the latest quarter was $811 million, an 87% enhance from the identical quarter in 2023. AI at the edge is certainly alive and nicely for the company, far outstripping Nvidia’s automotive business.
CNG automobile, SUV sales rise 36 percent in April-August 2024Tata Motors’ CNG market share has increased by over 6 p.c compared to the identical period last yr. BMW announces Retail.NEXT dealership chainBMW automobiles, motorcycles in addition to Mini automobiles shall be offered under the same roof. Karnataka plans street tax, registration costs waiver on …The state is also planning to incentivise manufacturing and infrastructure development for EVs.
Pirelli now presents newly developed rubber for all Ferrari flagship supercars. The Urus SE will get a V-8 with an electrical motor and a reworked drivetrain. By the numbers, more vehicles have been wrapped up in the Big One this past weekend than ever before in the Cup Series. Qualcomm sees the lengthy Automotive News run as being powered by a centralized compute facility, aggregating domain-specific functions to scale back latencies and lower costs. Qualcomm’s auto-related income jumped 87% yr over year in the second quarter this yr, well forward of rivals Nvidia and Mobileye.
Initially headquartered in Manhattan Beach, Fisker Automotive opened a facility extra lately in La Palma in Orange County. The company skilled main monetary difficulties, laid off most of its workers and shuttered its headquarters. The potential collaboration goals to reduce automaker costs and ship a wider range of vehicles and emerging technologies to market faster.
The company may also introduce the X3 xDrive30e in 2025, culminating in BMW New Zealand providing 10 PHEVs to customers. In the DRHP, Hero Motors has unveiled plans to boost INR 900 crore through the IPO via a mix of fresh fairness issuance and a proposal on the market by promoters. AutoNews.com is an net site that gives automotive news updates, including news generated from Automotive News, Automotive News Europe, Automotive News China, Autoweek, Bloomberg, and Reuters business news. French President Emmanuel Macron reaffirmed his assist for EU tariffs on Chinese electric automobiles, during a go to to Berlin on Wednesday. With hundreds of thousands of self-driving automobiles projected to be on the road in 2025 and autonomous drones producing billions in annual sales, security and reliability are necessary concerns for shoppers, manufacturers, and regulators. As the EU seeks to put a brake on competitors from Chinese electrical cars, European automakers are caught in second gear.