The speculation of merger intensified after an EV market slowdown forced Renault last week to cancel IPO plans for its EV and software unit Ampere.
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As companies like Rosmerta and Denso continue to push the boundaries of innovation, the future of mobility holds promise for safer roads, cleaner environments, and …
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INDUSTRY NEWSLatest News
Vanguard trims Ola’s valuation again amidst market challenges
by Biplab Dasby Biplab DasVanguard’s latest valuation cut represents a significant 74% reduction from Ola’s peak valuation of approximately USD 7.3 billion.
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INDUSTRY NEWSLatest News
Hyundai Motor eyes landmark IPO for Indian unit amid EV surge
by Biplab Dasby Biplab DasHyundai Motor India is currently in preliminary discussions regarding the IPO, having engaged with various banks for consultations.
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Harley Davidson expands its Custom Vehicle Operations (CVO) lineup with the introduction of new models like the CVO Pan America and CVO Road Glide ST.
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INDUSTRY NEWSLatest News
Foxconn anticipates slight improvement in 2024 amid AI server chip shortage
by Biplab Dasby Biplab DasThis positive sentiment aligns with the company’s relatively conservative and neutral outlook declared in November 2023.
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The 400PS rear-wheel-drive Ford Explorer ST is the family SUV you never knew you wanted!
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INDUSTRY NEWSLatest News
Australia unveils roadmap for vehicle emission standards to drive electric car adoption
by Biplab Dasby Biplab DasThis move comes as the country aligns itself with the majority of developed economies, setting the stage for a more sustainable and eco-friendly automotive future.
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INDUSTRY NEWSLatest News
Human Horizons’ HiPhi Z breaks records in world’s biggest EV range test
by Biplab Dasby Biplab DasOut of the 23 participants in the test, the HiPhi Z exhibited an outstanding deviation of only 5.9 percent from the certified WLTP test numbers, …
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INDUSTRY NEWSLatest News
ACMA Automechanika 2024: uncovering insights into India’s automotive aftermarket
by Biplab Dasby Biplab DasThe event covered a wide spectrum, including aftermarket solutions for two-wheelers, passenger vehicles, commercial vehicles, and agricultural vehicles.