Chinese automakers and U.S. company Tesla, known for their competitive pricing, continue to perform well with high volumes, Favre said. Automotive components manufacturer Plastic Omnium reported a 35% increase in revenue for the first half of the year on Monday, lifting its shares to the top of France’s SBF 120 index. Plastic Omnium confirmed its…
Polestar has officially started series production of its second all-electric model, the Polestar 4, at the Hangzhou Bay factory in China operated by Geely Holding. And the electric performance brand has big plans for this crossover to become its mainstream mega-hit. The first customer deliveries in China are expected before the end of 2023. The…
The craft can recharge in about five minutes, while passengers are unloading and boarding, said CEO JoeBen Bevirt. The idea is that travelers will book their trip, similar to a rideshare app. Electric air taxis could be transporting passengers from JFK Airport to downtown Manhattan by 2025 – on quiet, emissions-free journeys that take around…
Four years after being unveiled and becoming famous for having “Armor Glass” that shattered after it was hit with a metal ball, the Tesla Cybertruck is finally on track to get delivered to the first customers on November 30. The date first appeared in the company’s third-quarter earnings report and now the Austin-based EV maker…
We know that future Tesla models will get bi-directional charging, as confirmed by Tesla’s Senior Vice President of Powertrain and Energy Engineering Drew Baglino during the investor day presentation in March 2023. For now, the question is, which model will get it first? And what type of bi-directional charging will be offered? The following information…
Ford F-150 Lightning Flash debuts today – a tech-forward offering that brings together most of the current customers’ favorite features for $69,995. The F-150 Lightning Flash expands on the XLT model line by adding in-demand tech capabilities, including an extended-range battery, which has a targeted EPA-estimated range of 320 miles, available Ford BlueCruise v1.2 hands-free…
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…
Okaya EV Partners with Bluwheelz Okaya EV, a leading player in the electric vehicle (EV) industry announces its strategic collaboration with Bluwheelz, a trailblazing tech-enabled logistics company, to revolutionize the last-mile logistics landscape with an environmentally friendly approach. This partnership marks a significant step towards a greener and more efficient future in the logistics sector….
The Solo buses will support Stagecoach in replacing part of its significant fleet of Solo buses across the country. New Delhi: Switch Mobility Ltd (‘SWITCH’), a Hinduja Group company and the next-generation bus and light commercial vehicle manufacturer has secured an order for 70 buses from Stagecoach, one of the UK’s leading bus and coach…
Thousands of invasive species introduced to new ecosystems around the world are causing more than $423 billion in estimated losses to the global economy every year by harming nature, damaging food systems and threatening human health, a wide-ranging scientific report published on Monday has found. The costs have at least quadrupled every decade since 1970,…
