Global Automotive Business Latest News & Updates

Jeep’s first US-bound electric vehicle is a high-powered Wagoneer, set for a fall 2024 launch. Qualcomm’s automotive income in the most recent quarter was $811 million, an 87% increase from the identical Automotive News quarter in 2023. AI at the edge is actually alive and nicely for the company, far outstripping Nvidia’s automotive enterprise.

CNG automotive, SUV gross sales rise 36 % in April-August 2024Tata Motors’ CNG market share has elevated by over 6 p.c in comparability with the identical interval final year. BMW proclaims Retail.NEXT dealership chainBMW cars, bikes in addition to Mini automobiles will be sold beneath the same roof. Karnataka plans street tax, registration costs waiver on …The state can additionally be planning to incentivise manufacturing and infrastructure development for EVs.

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Nowadays we’re so used to complicated and overly feature-packed autos that some manufacturers appear to prefer to shock and awe potential prospects with the … The Mercedes-AMG ONE has once again confirmed itself because the quickest production car on the Nürburgring-Nordschleife. PT Hyundai Motors Indonesia has officially announced the upcoming launch of the all-new Santa Fe Hybrid in Indonesia. The service value of the Pagani Huayra Hermes turns out to be much more reasonably priced compared to Bugatti. Follow us for the newest news, insider access to occasions and extra. In August, the ICE OEMs grabbed over 43% of the entire e2w market, up from the practically 39% share in July.

The automaker’s funding will create a manufacturing alliance for the electric air taxi startup’s first part of commercialization. Union President Shawn Fain and Vice President Chuck Browning introduced the news on social media Wednesday night. The firm is rolling out a new $0.forty nine “access fee” starting with choose stations and including more over time. Host-owned chargers can add an additional payment on high, if desired. Blink says it’s going to proceed to supply its membership with no monthly subscription charges. The two automakers will share the workload on one other three method partnership slated for the model new year.

The firm may also introduce the X3 xDrive30e in 2025, culminating in BMW New Zealand providing 10 PHEVs to customers. In the DRHP, Hero Motors has unveiled plans to raise INR 900 crore via the IPO via a mix of recent fairness issuance and a proposal on the market by promoters. AutoNews.com is an web site that gives automotive news updates, together with news generated from Automotive News, Automotive News Europe, Automotive News China, Autoweek, Bloomberg, and Reuters enterprise news. French President Emmanuel Macron reaffirmed his assist for EU tariffs on Chinese electrical vehicles, throughout a go to to Berlin on Wednesday. With millions of self-driving automobiles projected to be on the street in 2025 and autonomous drones generating billions in annual sales, security and reliability are essential issues for customers, manufacturers, and regulators. As the EU seeks to put a brake on competition from Chinese electric cars, European automakers are stuck in second gear.

Pirelli now provides newly developed rubber for all Ferrari flagship supercars. The Urus SE will get a V-8 with an electric motor and a reworked drivetrain. By the numbers, extra cars have been wrapped up in the Big One this past weekend than ever before within the Cup Series. Qualcomm sees the lengthy run as being powered by a centralized compute facility, aggregating domain-specific functions to cut back latencies and decrease costs. Qualcomm’s auto-related income jumped 87% year over 12 months in the second quarter this year, nicely ahead of rivals Nvidia and Mobileye.