AUTOMOBILES

He also said the company has reached the production milestone of 10,00,000 vehicles and the proposed new models are expected to drive the company into profitability. "We are getting into the EV segment with aggressive positioning and also into the bigger vehicle segments.

The two companies jointly unveiled a new vehicle model called 'Bzinesslite InstaCharged by Log9' which is powered by Log9's RapidX 2000 batteries, enabling it to go zero to zip within 12 minutes. The e-2W has been designed with unique features such as great speed, quick acceleration, superior range (80-90 kms), multi-theft.

Tesla Model Y surpassed Toyota's RAV4 and Corolla models to top global sales rankings in the first quarter of 2023, according to data from Jato Dynamics. The 2023 Model Y starts at $47,490, considerably more than the 2023 Corolla ($21,550) and RAV4 ($27,575), reports The Verge. Tesla Model Y sold 267,200 units globally.

One of the new vehicles might be the $25,000 hatchback that Musk mentioned back in 2020 during the company's battery day, reports TechCrunch. "I just want to emphasise that we are actually building a new product. We are actually designing a new product.

According to the company, the new Comet EV has been evaluated to provide an encouraging and economical charging cost of Rs 519 per month. The Comet EV is the second electric vehicle in MG Motor India's portfolio and comes with futuristic and user-friendly Smart technologies. The Comet EV is built on the pure electric.

Inspired by the X Speedium Coupe Concept unveiled in New York last year, the GV80 Coupe Concept combines the practicality of a lifestyle-oriented SUV with the dynamism of a sports car, Hyundai said in a statement. The four-passenger SUV serves as a statement of intent for the future, hinting toward more emotional and performance-oriented models under the Genesis brand, it said, reports Yonhap news agency.

According to the report, the benign government policy has increased the affordability quotient with reducing input costs. Advancement in availability is on account of increase in EV model options for customers and expansion of the charging/manufacturing ecosystem. And customer acceptance is enhancing owing to better aspirational value for EVs and environmental consciousness, Emkay Global said.

Locally produced at BMW Group Plant Chennai, the car comes at introductory prices of Rs 45,90,000 (petrol) and Rs 47,90,000 (diesel) and is available for bookings at the company's dealership network and through its official website. The company said that -- the deliveries for BMW X1 (diesel) will commence from March onwards and for the BMW X1 (petrol) from June.

"As a customer-centric brand, it has been a continuous endeavour to push boundaries and ensure customer delight through our class-leading products. The new Hyundai AURA sets this benchmark even higher, adding meaningful experiences to our most loved customers' smart mobility life," Unsoo Kim MD & CEO, Hyundai Motor India Ltd, said in a statement.

Available for customers in three forms -- Airstrike, Shadow, and Laser -- the F77 is made in India from the ground-up and the deliveries will commence in January in Bengaluru, followed by a pan-India rollout and a company-owned servicing ecosystem through 2023. the company said in a statement.