The move underscores Indonesia’s commitment to transitioning towards cleaner and more sustainable modes of transportation while attracting investment in the EV sector.
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While the vote is not binding, it poses an obstacle for the US EV maker’s plans to double the capacity of its German site.
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INDUSTRY NEWSLatest News
GM halts sales of 2024 Chevrolet Colorado and GMC Canyon Trucks
by Biplab Dasby Biplab DasThis decision comes in response to concerns regarding the reliability and performance of the vehicles’ software systems.
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INDUSTRY NEWSLatest News
Stellantis CEO considers Leapmotor partnership for EVs outside China
by Biplab Dasby Biplab DasCEO Carlos Tavares revealed this strategic move, aimed at competing with the rapidly growing Chinese EV market while offering competitively priced models to consumers.
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Under the partnership, Renault will pass on a margin of INR 4,000 to BLS E-Services on every sale made to walk-in customers.
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High cost of EVs has become a barrier to broader mass adoption, thus carmakers like Stellantis and Renault are trying to develop more affordable models.
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INDUSTRY NEWSLatest News
Half of Indian auto consumers intend to opt out of ICE to embrace alternate tech: Study
Consumer interest in electric vehicles continues to improve in Indian auto market but prefernce for hybrid technology remains stronger.
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Volvo has announced a nomenclature update to streamline its product portfolio while also adding a new performance pack to boost the power output via a …
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Carl Jenkins’ departure comes at a time when Cruise is under radar for the safety of its self-driving vehicles.
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INDUSTRY NEWSLatest News
Alfa Romeo plans to discontinue Giulia and Stelvio Quadrifoglio in North America
If you were sold on the idea of a high-performance Alfa Romeo Giulia or Stelvio Quadrifoglio, it is the right time to drop your cash …