Tesla Inc. was the only dedicated electric carmaker based in the U.S. on the stock market. Then special purpose acquisition companies took over Wall Street. SPACs, or blank-check companies, are shell vehicles that raise money to take a private company public via a reverse merger. Unlike traditional initial public offerings, SPAC deals allow listing candidates […]
In coming years, the Indian automobile industry will witness some important changes right from electrifications of the vehicles to new advanced connectivity and autonomous technologies. Several global car manufacturers will mark their entry in the Indian market including Tesla, Citroen and Great Wall Motors. There will also be several new product launches across segments. Here’s […]
Mercedes-Benz is taking on one of the most complex industry challenges with the rollout of its battery-powered EQA: selling small electric cars without a big profit squeeze. The brand’s first fully electric compact model will hit European showrooms this spring, flanking the mid-size EQC sport-utility vehicle and the EQV van. Unlike Tesla Inc.’s Model 3 […]
Maruti Suzuki is currently working on new products for the Indian market. There is a new SUV in works that will be rivalling the Hyundai Creta, Kia Seltos and the MG Hector and there is a new sub-compact SUV in the works also which will rival with the Hyundai Venue, Tata Nexon, upcoming Renault Kiger […]
The atmosphere at the 2021 Consumer Electronics Show, held virtually for the first time due to the pandemic, struck a different tone than in years past. Without hordes of tech-hungry onlookers jockeying for position through packed convention center halls, automakers appeared more reserved in their proclamations for the future. Several high-profile exhibitors – such as […]
As a new presidential administration gets settled in, it’s time to brush up on your knowledge of dashboard symbols. Why? Because President Biden has made it clear in his campaign that he wants to adopt green energy technology in the government’s bid to combat climate change. Chances are you soon won’t be able to check your oil pressure […]
General Motors Co. and its autonomous partner Cruise LLC have entered into a long-term strategic relationship with Microsoft Corp. to help commercialize self-driving vehicles faster, the two companies said Tuesday. Cruise will use Azure, Microsoft’s cloud and edge computing platform, to commercialize its AVs at scale. Microsoft joins GM, Honda Motor Co. and institutional investors in a combined new […]
Elon Musk all but confirmed Tesla Inc. will enter India last week, sparking jubilation among fans, some of whom have had their electric cars on order for years. But it may prove the company’s hardest yet market to crack. The world’s richest man on Jan. 13 tweeted “as promised” in response to a report on a Tesla-focused […]
China, intent on boosting domestic consumption, wants to double the value of secondhand vehicle sales by 2025.Although China has more than 270 million vehicles on its roads, only an estimated 15 million secondhand models were sold in 2019. That’s in sharp contrast to places such as Australia, the U.K., and the U.S., where people buy […]
Over the years, Japan has built up globally its competitive advantage in car manufacturing. It’s vital for the government to step in and help Japanese firms establish new world-class technologies in this sector.In a drive to combat global warming, the Japanese government set a target in late 2020 that all new vehicles sold in Japan […]
