Automotive Business News
In the DRHP, Hero Motors has unveiled plans to boost INR 900 crore via the IPO by way of a mixture of recent equity issuance and an offer on the market by promoters. The firm had been working on autonomous driving expertise for last-mile supply vehicles, which are not designed to carry passengers. General Motors reported a dip in third-quarter US auto gross sales Tuesday, however pointed to development in sales of electrical vehicles and mentioned retail pricing remained regular.
JAC Philippines, part of the native lineup of multinational mobility supplier Astara, officially debuted its All-New Ytterby electric vehicle on September … BYD Cars Philippines beneath ACMobility has unveiled the BYD Seagull, a new electrical car designed to make EV ownership extra accessible to Filipinos. The Japanese automaker has detailed its priorities for India in a latest investor presentation where it has referred to the growing role of Chennai as a global hub for premium motorcycles and scooters. It is also bullish on the prospects for motorcycles in India the place Gen Z has been recognized as the large catalyst to demand.
It had all the right ideas and adorably looked like it ran on D-sized batteries. Hyundai and Kia are engaged on a next-generation infotainment system and have introduced Samsung in as a strategic associate because the automakers venture further into smartphone connectivity and in-car apps. Using Samsung’s SmartThings app to search out your lacking (or stolen!) automobile is however one function envisioned. My vehicle-obsessed toddler loves the truck footage, and I find the songs infinitely extra listenable than whatever Blippi is often screeching about.
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The British marque unveils its latest “1” automotive on the 50th anniversary of its first-ever Formula 1 Constructors’ World Championship. By the numbers, more automobiles have been wrapped up in the Big One this past weekend than ever before in the Cup Series. Lamborghini’s CTO Rouven Mohr says an electrical supercar needs to offer one thing inside combustion can’t.
Explore the business fashions, applied sciences, and developments shaping the method forward for autonomous mobility. Tickets for this in-person occasion are limited, so please book early. Explore the enterprise models, applied sciences, and developments shaping the method forward for electric mobility. Jeep’s owner Stellantis is teasing a new Jeep Compass for 2025 that’ll first launch in Europe, adopted by North American in 2026.