HYUNDAI ELECTRIC CARS
UP's sops for hybrid vehicles irk EV companies, add to industry's June sob story Sales of electric cars in June plunged 13.5% from the year earlier, having suffered a marginal drop in May, triggering fears that the Indian market may be following global trends. After last year's euphoria, domestic sales slumped to 20% growth in t...
12 Jul, 2024, 05.30 AM ISTEV race: Are hybrid vehicles getting in the faster lane? The Indian car industry is at a crossroads in its journey towards an all-electric future, with the possibility of a hybrid transition. Uttar Pradesh's move to waive registration fees on strong hybrid and plug-in vehicles has sparked a debate among a...
10 Jul, 2024, 10.43 PM ISTTesla's share of US electric car market falls below 50% Tesla's dominance in the U.S. electric vehicle market slipped below 50% in Q2 as sales surged to a record. Tesla's market share dropped to 49.7% from 59.3% a year earlier, losing ground to GM, Ford, Hyundai, and Kia. Overall U.S. EV sales rose 11.3%...
10 Jul, 2024, 05.46 PM IST
LG drives in infotainment, smart solutions for your car LG Electronics, diversifying into the automotive market, has 2,500 Bengaluru engineers aiding global developments. EV solutions are eyed in India through partnerships with Hyundai, Kia, Renault, Volkswagen. Introducing PlayWare, MetaWare, VisionWare...
10 Jul, 2024, 12.14 AM ISTHyundai under pressure from Tata, Mahindra as $3.5 billion India IPO looms Tata Motors and Mahindra challenge Hyundai for India's No.2 spot amid Hyundai's $3.5 billion IPO plan. Hyundai held 13.5% sales, Tata 13.2%, Mahindra 12.4%, Maruti Suzuki tops with 40%. Hyundai faces market challenges, acknowledges COO Tarun Garg. S...
09 Jul, 2024, 07.33 AM ISTLawsuit accuses Hyundai of faking US sales data for electric cars Hyundai Motor dealers file lawsuit against the company in Chicago federal court, accusing them of inflating electric vehicle sales through deceptive practices. The lawsuit alleges that dealers were pressured to misuse inventory codes to boost sales ...
08 Jul, 2024, 10.21 PM ISTHow one of the world's strongest car unions is dealing with EV job losses Toyota in Japan and Hyundai or Kia in South Korea navigate challenges from technological transformation and electrification.
01 Jul, 2024, 10.58 AM ISTHyundai's first Indian EV, the Kona, discontinued. Here's the reason why Hyundai discontinues Kona Electric in India, focusing on mass-market Creta EV. The Kona faced challenges with sales performance. The upcoming Creta EV aims to compete with MG ZS EV and Tata Curvv, offering a range of 400-500 km.
25 Jun, 2024, 04.56 PM ISTIndian streets gear up for electrifying SUV launches from Tata, Hyundai, Maruti & more India gears up for a wave of SUV launches, including Tata Motors, Hyundai, Kia, and more, showcasing the industry's move towards sustainable transportation. Maruti Suzuki to unveil its first EV at Auto Expo 2025, and Mercedes-Benz targets a quarter ...
22 Jun, 2024, 12.43 PM ISTHow a tax sop has created a divide in India's motown Indian automakers are at a crossroads as they navigate the shift from internal combustion engines to electric vehicles. Consumers are showing a preference for hybrids over EVs, sparking debate among automakers. The government's proposed tax reductio...
18 Jun, 2024, 02.35 PM ISTHyundai has the same fear like Tata Motors & Mahindra about petrol, diesel cars Hyundai has joined Tata Motors and Mahindra & Mahindra in opposing tax breaks for hybrid vehicles in India, arguing it could disrupt the market for petrol and diesel cars. Japanese carmakers support lower taxes on strong hybrids, citing emissions re...
18 Jun, 2024, 11.33 AM ISTHyundai flags concerns with 'changes' by Indian govt ahead of planned Rs 25,000 crore IPO Hyundai, which plans to raise Rs 25,000 crore through the Indian stock market by selling a 17% equity stake in the local unit, flagged the importance of stable policies for confidently making technological upgrades. They also highlighted concerns ab...
17 Jun, 2024, 01.03 PM ISTLong-range EVs now cost less than the average new car in the US The automotive industry in the US is experiencing a competitive phase in the electric vehicle market, leading to EVs with over 300 miles of range being cheaper than gas-powered cars for American buyers.
08 Jun, 2024, 06.04 PM ISTIndia's electric car incentives limited to new investments: Officials The Indian government's scheme to promote local production of electric cars will offer incentives only to automakers investing in new manufacturing facilities in the country, officials have revealed. Foreign firms, including those already operating ...
04 Jun, 2024, 11.05 AM ISTOld empires could be the key to a new car future Hydrogen, a vital element in water creation, is gaining traction as a fuel source for fuel-cell electric vehicles.
29 May, 2024, 09.46 AM ISTHybrids catching up fast with EVs; Maruti, Toyota driving growth Sales of hybrid transmission cars and SUVs are rapidly increasing, challenging electric vehicles in market share. Maruti Suzuki and Toyota offer popular models in this segment, with hybrid vehicles capturing 2.48% of the passenger vehicle market in ...
26 May, 2024, 06.01 AM ISTBad news for hybrid car buyers, good for EV sector: GST Council may not give tax relief for hybrid cars in next meeting The govt may not discuss tax concessions for hybrid cars in the next GST Council meeting, affecting companies like Maruti Suzuki and benefiting electric car makers like Mahindra and Mahindra. Transport minister Nitin Gadkari had requested a GST redu...
16 May, 2024, 10.33 AM ISTConsumers bend the road: No straight drive from ICE to electric The transition from internal combustion engine (ICE) vehicles to electric vehicles faces challenges as consumers show a preference for hybrids and CNG vehicles over pure EVs. Maruti Suzuki expects significant growth in CNG car sales, signaling a shi...
13 May, 2024, 06.42 PM ISTMove aside WagonR & Swift, India’s newest favourite is Tata Motors' Punch Tata's Punch becomes India's top-selling car, outpacing Maruti's WagonR and Brezza. This shift underscores changing consumer tastes and hints at a broader transformation in the automotive sector. With consistent leadership, Tata's success reflects e...
07 May, 2024, 03.23 PM ISTHyundai plans to launch its first hybrid car in India in 2026, says EVs long-run strategy The group, housing Hyundai Motor and Kia Corp, is evaluating a hybrid sport-utility vehicle of size similar to its top-selling, mid-sized Creta SUV in India, said two of the sources who have direct knowledge of the plans.
30 Apr, 2024, 04.32 PM IST