Global Car Industry Newest News & Updates

To better compete in the EV market, the automakers plan to jointly develop lithium iron phosphate battery cathode materials manufacturing know-how in South Korea. Qualcomm’s Digital Chassis presents a extra complete, one-stop-shop method to integrating a number of automotive technologies under a single platform. This contains ADAS, infotainment, telematics, connectivity, and car-to-cloud providers, offering automakers with a complete modular platform. Qualcomm’s connectivity options surpass rivals, including 5G, LTE, Wi-Fi, and Bluetooth integration. In the DRHP, Hero Motors has unveiled plans to boost INR 900 crore by way of the IPO by way of a mix of contemporary fairness issuance and a suggestion on the market by promoters. The authorities is urging the automobile trade to significantly enhance investments in sustainable technologies like flex gas, green hydrogen, and LNG autos.

He is scheduled to attend a 30th anniversary screening of “Speed” on Tuesday in Los Angeles alongside his co-star Sandra Bullock. Our flagship e-newsletter breaks down the most important headlines of the day. Electric car house owners are notably happy with the velocity of public fast chargers. Inflation Reduction Act funds have enabled upfront discounts on the purchases of greater than 300,000 clean vehicles since Jan. 1, federal agencies say. It’s the second time in lower than three months that VW has warned of lowered income. The deal will give Rivian house owners access to Tesla’s 12,000+ Superchargers from 2024.

AutoNews.com is an net site that provides automotive news updates, together with news generated from Automotive News, Automotive News Europe, Automotive News China, Autoweek, Bloomberg, and Reuters business news. Researchers at McGill University have made a major advance in the improvement of all-solid-state lithium batteries, which are being pursued as the following step in electrical car battery expertise. The AM Dealer Technology Guide is an annual resource aimed toward helping automotive sellers discover and understand the latest technological developments and instruments for the industry from a broad vary of suppliers, both large and small. Explore the business models, technologies, and developments shaping the method ahead for the software-defined vehicle. The automaker says the adapter will “vastly broaden charger availability” for U.S. electrical car customers. Monroe Capital’s managed fund is targeted on helping small- and medium-sized auto producers transition to electrical vehicle production.

The NHTSA desires to require new vehicles be designed to reduce the risk of significant injuries and fatalities in pedestrian collisions. The funding will go in direction of new battery manufacturing services, in addition to critical mineral processing plants and recycling sites. Following its preview in August, MG Motor Malaysia has now launched the MG5 in Malaysia in a single variant priced from RM93,900. Sime Darby Auto ConneXion , the only Automotive News real distributor for Ford vehicles right here in Malaysia, has unveiled a model new limited edition variant for the Ford… “Put up or shut up” was the road thrown down by BYD during the launch of its DM 5.0 technology earlier this…

Volvo estates are again on the UK market after the Swedish brand reverses choice to withdraw them. The number of self-driving vehicles on the ride-hailing platform will finally grow into the hundreds. The company will work directly with BMW of North America at over seven-hundred places, together with dealerships and distribution centers, to gather batteries for recycling. The Italian carmaker closed its Maranello trigeneration plant this week in a bid to scale back its methane gas consumption and pivot to cleaner vitality sources. MINI Malaysia has introduced the supply of the first-ever 2024 Mini Aceman, solely in the “SE” guise here on our shores, at a price…

Register to obtain our vary of digital content material, together with newsletters and particular reports. The head of Mercedes AMG group is partially proper that efficiency automotive consumers are thinking about tech and that there are reasons they should choose EVs. But, without targeted marketing, it is uncertain they’ll pivot to EVs as quickly as they otherwise may. Tesla’s Robotaxi Launch would be the starting of the top for personal car ownership.