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In the DRHP, Hero Motors has unveiled plans to lift INR 900 crore through the IPO by way of a mix of recent fairness issuance and a proposal on the market by promoters. The firm had been working on autonomous driving technology for last-mile supply autos, which are not designed to hold passengers. General Motors reported a dip in third-quarter US auto gross sales Tuesday, however pointed to progress in gross sales of electrical automobiles and said retail pricing remained regular.
BMW announces Retail.NEXT dealership chainBMW automobiles, bikes as properly as Mini vehicles shall be offered under the identical roof. Karnataka plans highway tax, registration charges waiver on …The state can be planning to incentivise manufacturing and infrastructure development for EVs. The service value of the Pagani Huayra Hermes seems Automotive News to be far more affordable compared to Bugatti. The former MD of Mahindra & Mahindra makes no bones about the truth that electric is the most effective wager for India. There isn’t any level vacillating on this point since different options like hybrids only function an interim measure.
Urban air mobility is a mode of transportation that avoids visitors congestion by flying folks and cargo above it at low altitudes. It may sound like science fiction or one thing from the cartoon “The Jetsons,” which … You also promise that you’ve permission from anybody featured or referred to within the submitted material to it being utilized by Bauer Consumer Media. Automotive Management has been to test drive the BYD Seal U DM-i and hear from the brand’s senior executives about their ambitions. October is Breast Cancer Awareness month and Ford is displaying a brand new seat belt accent designed to assist breast cancer sufferers. The Forester has been the best-selling model for Subaru of America, however things have changed.
It’s the second time in lower than three months that VW has warned of decreased profits. The electric supermini will not officially debut until late February 2024, but right here it is. The new Rivian R2 SUV options huge cylindrical batteries which are even larger than the superior 4680 cells utilized by Tesla. I’m unsure if this counts as Hollywood magic yet, however this is how Tesla’s selling its robotaxi unveiling occasion. Elon Musk had announced an August date for the event, however then it was pushed again until October 10th. Edmunds’ Jonathan Eifalan tested charging a Rivian R1T at a Tesla Supercharger using the sparsely out there NACS adapter and famous that not each V3 Supercharger is displaying up on the Rivian charging station map yet.
In the first quarter of subsequent 12 months, BMW New Zealand will introduce the BMW 550e xDrive plug-in hybrid electrical car , priced at $159,900. The company may even introduce the X3 xDrive30e in 2025, culminating in BMW New Zealand offering 10 PHEVs to customers. The potential collaboration goals to reduce automaker prices and deliver a wider range of vehicles and emerging technologies to market quicker. The solid-state battery can add as much as 600 miles to electrical vehicles’ range, 80% greater than current lithium-ion batteries, per the businesses.
Jeep’s first US-bound electric car is a high-powered Wagoneer, set for a fall 2024 launch. AAston Martin is enhancing its retail presence in the UK, Europe, and Asia by opening a series of new dealerships that feature the automotive brand’s new corporate identity. The closest dealership to the marque’s headquarters in Warwickshire, Aston Martin Birmingham, is now formally open… The Government is quickly extending the amount of time folks can drive on abroad licences from 12 months to 18 months in an effort to tackle driver licence test wait times.