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Renault 2024 financial presentation and Q&A: Record Profits, EV Cost Reduction, and Strategies to Overcome CAFE 2025 Challenges
are to be developed in 100 weeks / approx.. 21 months. The aforementioned Twingo model is also simplified, consisting of around 750 parts (30% less than the Renault 5), as a part of the EV democratization concept. Outlook for 2025: The Renault Group (Renault, Alpine, Dacia and Mobilize) will launch 7 new vehicles in 2025: 4 EV passenger cars (Renault 4 E-TECH, Mobilize DUO/BENTO, Alpine A390β, and one entry-level model for the internation...
News Updated at: 2025/02/21
Guangzhou issues policies to accelerate high-quality development of hydrogen energy industry
um- (total mass greater than or equal to 4.5t and less than 12t), and heavy-duty (total mass greater than or equal to 12t) hydrogen fuel cell vehicles with data access to relevant national, provincial, and municipal fuel cell vehicle demonstration application information platforms, the mileages per calendar year are subsidized at a maximum of CNY 0.5 per kilometer, CNY 1 per kilometer, and CNY 2.5 per kilometer, respectively, with those less than...
News Updated at: 2024/12/09
Tata Motors, India updates about its upcoming model launches
Tata Motors, India updates about its upcoming model launches In an investor update, Tata Motors Limited (TML) announced that it will introduce the Curvv SUV during the second half of this calendar year. Further, it will also launch the Sierra SUV will in the second half of 2025. For EVs, there will be a slew of launches in the current financial year and more beyond that.TML also announced that the Harrier and Safari SUV, is currently only availab...
News Updated at: 2024/05/20
SAIC Motor and JSW Group to expand capacity and launch multiple vehicles in JSW MG Motor India
SAIC Motor and JSW Group to expand capacity and launch multiple vehicles in JSW MG Motor India On March 20, SAIC Motor and JSW Group, India announced the business roadmap of the joint venture - JSW MG Motor India. It aims to build an EV ecosystem and focus on building a diverse range of portfolio of vehicles. The JV plans to plans to launch a new product, including NEVs (new energy vehicles), every three to six months, beginning this festive seas...
News Updated at: 2024/03/20
Tata Motors, India updates about electric vehicle launches in CY 2024
Tata Motors, India updates about electric vehicle launches in CY 2024 During its Q3 FY 2024 earnings call, Tata Motors announced that during the calendar year 2024, it will launch three electric vehicles i.e. Punch EV, which it already launched in January. Further, it would be launching the Curvv EV during the second quarter of FY 2025 and then the Harrier EV. It will also launch the ICE Curvv, after the three to four months of the EV version. ...
News Updated at: 2024/03/05
GM may be canceling Ultra Cruise
GM may be canceling Ultra Cruise According to recent reports citing anonymous sources familiar with the matter, GM is poised to end the Ultra Cruise program, with one source indicating that the automaker will refocus its attention on developing Super Cruise, rather than offer two different semi-autonomous driver assist systems. Ultra Cruise was originally slated for launch for the 2023 calendar year. Although GM declined to comment on Ultra Cru...
News Updated at: 2024/01/17
Stellantis reports Q4 and full-year 2023 U.S. sales down 1%
Stellantis reports Q4 and full-year 2023 U.S. sales down 1% On January 3, Stellantis’ FCA US LLC reported sales of 343,552 vehicles in the fourth quarter, down approximately 1%, and 1,527,090 vehicles for the full 2023 calendar year, also down 1%. Jeep brand U.S. sales were up 7% to 152,818 in Q4, but down 6% to 642,924 for full-year 2023. Ram brand sales were up 3% to 134,363 units in Q4, but down 1% to 539,476 over 2023. Dodge brand sales w...
News Updated at: 2024/01/05
Cadillac introductions coming to the U.S. market in 2024
2025 CT5-V and 2025 CT5-V Blackwing• Early 2024, Cadillac will also debut the refreshed 2025 CT5-V and refreshed 2025 CT5-V Blackwing, with highlights including a new look, large infotainment screen, and other new tech. 2025 CT5 Premium Luxury• In the spring, Cadillac will officially launch the refreshed 2025 CT5 (non-V performance variants). 2025 Cadillac Escalade IQL • Also in spring 2024, Cadillac will debut the new 2025...
News Updated at: 2023/12/30
GM Toledo Plant to delay EV drivetrain production by nine months to Q4 2024
nd the Chevrolet Silverado EV currently in production at Factory Zero. Other models to get their drivetrains from Toledo Powertrain’s output include the GMC Sierra EV and Cadillac Escalade IQ. GM decided to push back the start of Ultium motor production in Toledo because it is also delaying the launch of the Silverado EV RST and Sierra EV. Start of regular production (SORP) for the Sierra EV Denali has been moved from early 2024 to summer 2...
News Updated at: 2023/12/19
Cadillac to reveal three more EVs in 2023 as it ramps up Lyriq production
Cadillac to reveal three more EVs in 2023 as it ramps up Lyriq production On February 15, Cadillac Vice President Rory Harvey said that the brand will reveal three new EVs in 2023 that are expected go into production in calendar year 2024, in its bid to be all-electric by 2030Cadillac's electric lineup so far only includes the Lyriq crossover, which launched in 2022. Though GM delivered only 122 of them to customers by the end of 2022, Harvey sai...
News Updated at: 2023/02/16
Ashok Leyland, India updates about upcoming launches and transition
Ashok Leyland, India updates about upcoming launches and transition On February 2, in an investor update, Ashok Leyland announced that it will be launching the Bada Dost EV sometime in June or the third quarter of the current calendar year. They further mentioned that there is a lot of activity on product development, and they have had order bookings coming in.As per Ashok Leyland, the potential of EVs is growing very fast in India and the compa...
News Updated at: 2023/02/15
Lucid said to be planning for an entry-level EV sedan for potential launch in 2025
Lucid said to be planning for an entry-level EV sedan for potential launch in 2025 In November 2022, reports suggest that Lucid is planning a third, lower-cost, entry-level model to follow the Air and Gravity models.It is most likely to be a sedan, possibly a “fastback,” and will have a target price of around USD 50,000, which would place it as a direct challenger to the Tesla Model 3.The new, yet-to-be-named model is expected to launch aroun...
News Updated at: 2022/12/02
Volvo introduces all-new, all-electric EX90 CUV
Volvo introduces all-new, all-electric EX90 CUV On November 9, 2022, Volvo officially announced details regarding their all-new EX90 – a “true” 7 seat CUV, along with future electrification strategies.Starting with the EX90 EV, Volvo plans to reveal one new “pure” EV per year, with the ultimate goal of selling only EVs by 2030 calendar year. It is also a critical part of their goal to be a climate neutral company by 2040.The EX90 will i...
News Updated at: 2022/11/10
Nissan to offer super-low mileage leases in US market
ng habits.The program, called SignatureFLEX, offers customers leases with as few as 5,000 miles per year, although more miles can be purchased ahead of time should conditions change.Customers can opt to receive notifications if they are on track to exceed mileage. The flexible leases will initially launch on the Nissan Rogue, Rogue Sport and Pathfinder, with more vehicles to be added in calendar-year 2023.The program will also help attract new bu...
News Updated at: 2022/10/15
Hyundai India, to launch the new Tucson SUV soon
Hyundai India, to launch the new Tucson SUV soon On May 20, Hyundai Motor India Ltd announced that it would soon be launching the all-new Tucson SUV in India. Hyundai will introduce its global best-selling SUV brand TUCSON to India, with the 4th Generation model arriving in the second half of the calendar year. Based on Hyundai India's press release...
News Updated at: 2022/05/30
Finn Auto hosts German premiere of Aiways U6ion
Finn Auto hosts German premiere of Aiways U6ion On April 6, Aiways announced that car subscription service provider Finn Auto hosted the German premiere of Aiways U6ion in Munich. The U6ion concept hints at the second battery-electric model from Aiways, which is set for the European launch later this year. The U6ion concept car is a very close representation of the production model of the Aiways U6 SUV-Coupé, which is set to begin production at...
News Updated at: 2022/04/07
Ford stops accepting online reservations for new Bronco
Ford stops accepting online reservations for new Bronco On August 23, Ford Motor Co. announced to its dealer body that it no longer is accepting online customer reservations for its all-new, full-sized 2021 Bronco as it had been since the launch of the high-profile SUV a year ago.The decision to pause reservations is due to the high number of Bronco 2 and 4-door model orders and current commodity constraints."Dealers can best guide if a customer ...
News Updated at: 2021/08/31
Honda announces Prologue SUV as first EV in North America
Honda announces Prologue SUV as first EV in North America On June 28, Honda announced that its first new volume battery-electric vehicle will be named “Prologue” that will come to market in early 2024.In addition to the Honda Prologue, the company will introduce an all-electric Acura SUV in the 2024 calendar year.Both will utilize the highly flexible global EV platform powered by Ultium batteries based on the company’s strategic partnership...
News Updated at: 2021/06/29
Mahindra Group updates about international operations
Mahindra Group updates about international operations In an investor update, Mahindra & Mahindra announced that Pininfarina is planning to launch e Battista in early 2022. For North American market, it will launch new Roxor towards the end of this calendar year. South Africa continues to remain a focus automotive market for Mahindra. It has very strong growth plans again with a refreshed Bangladesh growth strategy and the strengthening presence i...
News Updated at: 2021/06/07
Genesis GV70 SUV debuts online ahead of U.S. launch in 2021
Genesis GV70 SUV debuts online ahead of U.S. launch in 2021 On December 8, Genesis debuted its new GV70 SUV, representing the fifth model and second SUV in the Genesis lineup, via a worldwide broadcast of its launch film entitled “GV70: A Travelogue”.The first-ever GV70 is expected to arrive in the U.S. in calendar year 2021, with more details available closer to launch.The sporty yet luxurious SUV offers an optimal drive experience with its ...
News Updated at: 2020/12/09