AUTOMOBILES
BYD of China Aims to Overtake Tesla as Leading Global EV Manufacturer
Throughout the entirety of 2023, BYD's sales exceeded 3 million units, encompassing both battery electric vehicles (BEVs) and plug-in hybrids.
Tesla Model X Spotted Cruising on Bangalore Roads
The images led to speculation about Tesla conducting test drives in Bengaluru. However, some users pointed out that the vehicle may not have been used for a test drive as it had a Dubai license plate. Comments suggested that the car might belong to someone on an official visit, driving their car from Dubai, which is allowed for a limited period.
This is how Tesla can be able to produce a Rs 20 lakh EV for Indian masses
Reports say that the world’s richest man is set to arrive in India during the ‘Vibrant Gujarat Global Summit’ on January 10-12 as Gujarat, with its strategic location and favourable business environment, has emerged as the "preferred destination for Tesla’s manufacturing plans".
Xiaomi Enters Automotive Industry, Reveals Debut Electric Vehicle
Introducing two electric vehicles, the XiaomiSU7 and XiaomiSU7Max, the company marked this milestone by expressing the significance of XiaomiSU7's debut in extending their expertise from smartphones to the automotive domain.
Chevy Blazer EV Sales Halted Due to Software Quality Concerns: A Closer Look
Acknowledging the situation, GM stated, "It is aware that a limited number of Blazer EV owners have experienced some software quality issues.
US struggles to roll out EV charging infra despite billions of dollars in pipeline
Despite $5 billion approved for states to build a network of fast chargers, only some US states have made progress while most have not yet awarded contracts or started construction, reports The New York Times.
Hyundai Achieves Milestone: Sells Over 500,000 Bluelink Connected Cars in India in Four Years
The platform offers over 60 connected functions, including proactive alerts, SOS/emergency assistance, trip history, remote vehicle status, and more. The success of Bluelink reflects the growing preference for vehicles with advanced connectivity features among Hyundai customers.
Volkswagen Announces Car Price Increase Effective January
Mahindra & Mahindra, on December 6, stated that it would increase the prices of its passenger and commercial vehicles, while Maruti Suzuki announced on November 27 that it would raise car prices from January 2024.
Tesla Issues Warning: Owners Face $50k Penalty for Selling Cybertruck Within First Year
Tesla has employed similar clauses in the past to discourage "flipping" of its vehicles, where buyers purchase a car with the intention of quickly reselling it for a profit.
Report Suggests India's EV Market Could Achieve $100 Billion Revenue by 2030 with Resolution of Key Issues
The growth in EV adoption is expected to be driven primarily by two-wheelers and three-wheelers, with a projected penetration of over 45%. Four-wheelers, specifically cars, are also expected to grow to more than 20% penetration by 2030.
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