KEL also announced the launch of a new world-class manufacturing unit in Ahmednagar which will produce high-quality gears and shafts for its premium customer Mahindra & Mahindra. New Delhi: Kinetic Engineering Limited (KEL), a leading auto component manufacturer, has reported nearly five-fold increase in profit for H1 FY24 to INR 3.16 crore from INR 54…
The BMW i3 electric car will get a successor, but without the “polarizing design” of the original, the automaker’s development boss said in a recent interview with Automotive News. “A lot of people liked it, but in the eyes of others the i3 was not a real BMW. A bit of an outsider in the…
Polestar’s third-quarter financial results reveal a challenging market situation, which forced the company to reduce its expected electric car deliveries in 2023 to around 60,000. Previously, Polestar expected 60,000-70,000 deliveries, which was already reduced from the initial guidance of 80,000 units. In Q3, deliveries amounted to 13,976 electric cars (up 50 percent year-over-year), while during…
The Tesla Cybertruck is due to be released into the wild at a Nov. 30 delivery event, but even though that’s just three weeks away, we know very little about the vehicle’s actual specs. But is the cat out of the bag now? Maybe. A self-described “insider” sent some alleged Cybertruck specs to the folks at…
Veloz, the California-based public-private partnership which tracks EV sales data and infrastructure buildout in California for over 10 years, shared the Q3 Electric Vehicle Market Report, which shows tremendous EV growth in California and nationwide. Veloz’s Q3 EV Market Report shows a substantial year-over-year increase in EV market share in California, with 26.75% of new…
Hyundai is developing a new generation of lithium iron phosphate (LFP) batteries for affordable EVs, The Korea Herald reported this week. The automaker is undertaking a two-year joint venture with battery makers based in its home country of South Korea that aims to see development work on LFP batteries completed in 2024, and for the…
We’ve seen a lot of developments in the world of electric bicycles in recent years. More and more players are entering the game from brands which are both new and established in the world of cycling. At present, the industry is dominated by big names like Bosch and Shimano, however, another brand with a long…
Volkswagen’s all-new flagship electric vehicle, the ID.7, is now on sale in the UK. Prices start from £55,570 RRP on-the-road – and the car is available with a number of highly attractive offers until 2 January 2024. The ID.7 is Volkswagen’s first all-electric upper mid-sized car and is the brand’s top-of-the-range ID. model. It has…
A new chapter in drive production at Audi is beginning in the Hungarian city of Győr, as the company commences manufacture of electric motors for the Premium Platform Electric (PPE). The newly developed electric motors will be used for the first time in the Audi Q6 e-tron series. Production of the first fully electric Audi model is…
Ultraviolette F99 Ultraviolette Automotive, a Bengaluru-based electric two-wheeler startup, marked its European debut with the unveiling of the Ultraviolette F99 race bike at EICMA 2023. This model, distinct from the one revealed at Auto Expo 2023, is a fully-faired motorcycle designed by Ultraviolette co-founder Narayan Subramaniam to deliver uncompromising performance. It’s significantly more powerful, faster,…
