Continental AG has recently launched its new creation for the city riders: Pure CONTACT – the lightest tyre with enhanced puncture protection for daily commuting and city riding. Pure CONTACT represents a further evolution within Continental’s Urban range of tyre by exceeding previously established safety standards through the adoption of Level Eight on its Safety Level scale. This achievement came after the release of E-CONTACT Plus model which earlier dominated in the Level Seven category.

This extended puncture protection is achieved by the advanced multi-layer breaker technologies and come with Continental’s premium racing tyres Poly X breaker. It enables riders to tackle urban areas with much ease on either dry or wet conditions to avoid incidences.

Pure CONTACT is strategically developed for all-purpose traction with an innovative tread pattern that incorporates repeating grooves, scales and drainage channels. Besides improving grip and rolling resistance, this configuration also accommodates light off-road use while proving suitable for various urban surfaces.

Also Read:&nbsp;<a href="https://www.wionews.com/autonews/harman-and-cariad-expand-in-car-app-ecosystem-for-volkswagen-group-737710">HARMAN and CARIAD expand in-car app ecosystem for Volkswagen Group</a>

Designed for both electric and traditional bicycles, Pure CONTACT is compatible with sizes between 50-60/584 and 40-55/622 and is designed for SUV E-bikes; it is E50 rated for excellent tensile strength.

They have used silica obtained from rice husk ash, agricultural waste by product through an energy efficient process of the development. Silica provides better grip, rolling resistance and durability as well as works well with natural rubber compounds that Continental responsibly sources for its tyres.

Continental's Oliver Vauth, the Urban Product Manager, especially pointed out the performance of Pure CONTACT during tests and noted that it offered the best of both worlds: low rolling resistance and sufficient puncture protection. The exceptional results achieved by a tyre were captured by Vauth who observed that a new puncture protection standard was required.

In addition to performance improvements, Pure CONTACT also applies sustainable design elements using more than a third recycled/renewable materials. That can be viewed in the context of the tyre production which indicates company’s intention on minimising environmental footprint while providing the top quality product.

According to Vauth, he had many positive feelings regarding the capabilities of Pure CONTACT in enhancing the urban cycling saying that the bike was flexible to take on different terrains ranging from smooth urban surface to a light trail. He is convinced that Pure CONTACT will help the cyclists to find new graphies and share the experience of riding, using the additional capabilities of Pure CONTACT for the more safe and fascinating riding.

The tyre also offers a Graphite Reflex Stripe which is great for visibility especially in the nighttime which is an added safety for cyclists especially those in urban areas. Pure CONTACT is Continental’s commitment to the constant evolution of urban cycling tyres and creating a stronger and greener experience for cyclists around the world. 
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Continental AG has recently launched its new creation for the city riders: Pure CONTACT – the lightest tyre with enhanced puncture protection for daily commuting and city riding.

Continental AG has recently launched its new creation for the city riders: Pure CONTACT – the lightest tyre with enhanced puncture protection for daily commuting and city riding. Pure CONTACT represents a further evolution within Continental’s Urban range of tyre by exceeding previously established safety standards through the adoption of Level Eight on its Safety Level scale. This achievement came after the release of E-CONTACT Plus model which earlier dominated in the Level Seven category. This extended puncture protection is achieved by the advanced multi-layer breaker technologies and come with Continental’s premium racing tyres Poly X breaker. It enables riders to tackle urban areas with much ease on either dry or wet conditions to avoid incidences. Pure CONTACT is strategically developed for all-purpose traction with an innovative tread pattern that incorporates repeating grooves, scales and drainage channels. Besides improving grip and rolling resistance, this configuration also accommodates light off-road use while proving suitable for various urban surfaces. Also Read: HARMAN and CARIAD expand in-car app ecosystem for Volkswagen Group Designed for both electric and traditional bicycles, Pure CONTACT is compatible with sizes between 50-60/584 and 40-55/622 and is designed for SUV E-bikes; it is E50 rated for excellent tensile strength. They have used silica obtained from rice husk ash, agricultural waste by product through an energy efficient process of the development. Silica provides better grip, rolling resistance and durability as well as works well with natural rubber compounds that Continental responsibly sources for its tyres. Continental's Oliver Vauth, the Urban Product Manager, especially pointed out the performance of Pure CONTACT during tests and noted that it offered the best of both worlds: low rolling resistance and sufficient puncture protection. The exceptional results achieved by a tyre were captured by Vauth who observed that a new puncture protection standard was required. In addition to performance improvements, Pure CONTACT also applies sustainable design elements using more than a third recycled/renewable materials. That can be viewed in the context of the tyre production which indicates company’s intention on minimising environmental footprint while providing the top quality product. According to Vauth, he had many positive feelings regarding the capabilities of Pure CONTACT in enhancing the urban cycling saying that the bike was flexible to take on different terrains ranging from smooth urban surface to a light trail. He is convinced that Pure CONTACT will help the cyclists to find new graphies and share the experience of riding, using the additional capabilities of Pure CONTACT for the more safe and fascinating riding. The tyre also offers a Graphite Reflex Stripe which is great for visibility especially in the nighttime which is an added safety for cyclists especially those in urban areas. Pure CONTACT is Continental’s commitment to the constant evolution of urban cycling tyres and creating a stronger and greener experience for cyclists around the world.

Continental launches new cycling tyre with enhanced puncture protection

The EPP, which has the largest group of lawmakers in the European parliament has sought to impose pressure by seeking to alter the already planned phase out of CO2-emitting cars by 2035 as proposed by the bloc. After winning 188 out of 720 seats in the most recent European Parliament elections, the EPP will convene in Portugal this week to establish official goals for the next five-year term.

This plan goes against EU's existing policy where it aims at prohibiting the sale of new cars and vans that use gasoline and diesel from 2035 onward. In addition, the draft document shows that the group plans to revise the rules on CO2 emission reduction for new cars and vans to make provisions for the use of other zero emission fuels beyond 2035.

Pursuant to the pressure from mainly Germany, the European Commission has signaled indicating intentions to develop legal regimes that will enable the continued sale of new vehicles with “e-fuels” after 2035, so long as they are net-CO2 neutral.

Also Read:&nbsp;<a href="https://www.wionews.com/autonews/wide-performance-gap-in-indias-auto-market-highlights-challenges-737421">Wide performance gap in India's auto market highlights challenges</a>

The EPP’s draft document doesn’t list specific changes it would like to see in the car CO2 policy, but it suggests a general goal of altering the ban on combustion engines while developing solutions with high-level combustion engine technology.

This could put Commission President Ursula von der Leyen who is also of the EPP in a difficult position. Should von der Leyen start her campaign for re-election already, she cannot rely solely on the EPP support as other parliamentary groups, especially socialists and democrats, insisted on keeping tough climate change measures without any compromise.

The propositions in the document, which, if implemented by the EPP, confirm its leadership in defining Europe’s environmental policy and can potentially contribute to the formation of the European Union’s stance on the relationship between environmentalism and industrial and economic concerns in the context of car manufacturing.

The EPP, which has the largest group of lawmakers in the European parliament has sought to impose pressure by seeking to alter the already planned phase out of CO2-emitting cars by 2035 as proposed by the bloc.

The EPP, which has the largest group of lawmakers in the European parliament has sought to impose pressure by seeking to alter the already planned phase out of CO2-emitting cars by 2035 as proposed by the bloc. After winning 188 out of 720 seats in the most recent European Parliament elections, the EPP will convene in Portugal this week to establish official goals for the next five-year term. This plan goes against EU's existing policy where it aims at prohibiting the sale of new cars and vans that use gasoline and diesel from 2035 onward. In addition, the draft document shows that the group plans to revise the rules on CO2 emission reduction for new cars and vans to make provisions for the use of other zero emission fuels beyond 2035. Pursuant to the pressure from mainly Germany, the European Commission has signaled indicating intentions to develop legal regimes that will enable the continued sale of new vehicles with “e-fuels” after 2035, so long as they are net-CO2 neutral. Also Read: Wide performance gap in India's auto market highlights challenges The EPP’s draft document doesn’t list specific changes it would like to see in the car CO2 policy, but it suggests a general goal of altering the ban on combustion engines while developing solutions with high-level combustion engine technology. This could put Commission President Ursula von der Leyen who is also of the EPP in a difficult position. Should von der Leyen start her campaign for re-election already, she cannot rely solely on the EPP support as other parliamentary groups, especially socialists and democrats, insisted on keeping tough climate change measures without any compromise. The propositions in the document, which, if implemented by the EPP, confirm its leadership in defining Europe’s environmental policy and can potentially contribute to the formation of the European Union’s stance on the relationship between environmentalism and industrial and economic concerns in the context of car manufacturing.

EPP seeks to influence EU's 2035 car CO2 phase-out policy

The leading car manufacturers in India continue to display rather contrasting results through June 2024, as industry trends and issues persist. As per the statistics of JATO Dynamics, Maruti Suzuki continues to rule the Indian car market with an impressive 40.4% market share, although they have slightly dropped compared to the previous year. While this retention of market leadership supports Maruti’s strong market position, it also points to growing competition and changing trends.

On the other hand, Toyota is identified to be performing better in terms of growth with an impressive growth rate of 41. 2% in sales and 2.0% change in market share. This increase may well be attributed to Toyota’s strategic management and positioning, probably resulting from the successful introduction of products and successful sales campaigns in various segments.

Another noteworthy participant is Mahindra, which has also advanced a lot, getting a rather impressive 22. 8% and increasing its market share by one percent. This ascent indicates proper management of product and market approaches in response to customers’ needs, especially in the SUV and utility vehicles categories, which Mahindra specialises in.

Also Read:&nbsp;<a href="https://www.wionews.com/autonews/hyundai-lg-energy-launch-indonesias-first-ev-battery-plant-737410">Hyundai, LG Energy launch Indonesia's first EV battery plant</a>

But the market snapshot shows a rather unenviable position for several other auto manufacturers. The European car manufacturers that include Citroën, Renault, and Skoda have faced some stiff challenges whereby Citroën has in particular recorded a daunting 66.2% dilution in sales where whereas Renault and Skoda prophecy a reduction in selling by 34.8% and 35.3%, respectively. They highlight the problem of international firms in gaining and maintaining market presence in the competitive context of India.

Likewise, Tata Motors, one of the oldest leaders in the Indian market, faces a 7.9% reduction in the sales’ figure and a 1.6% decline in market share. This decrease in performance underlines Tata’s failure to build a sustained growth during periods of high competition and changing customer base preferences in the direction of new players and even the renovated models from rivals.

Using the latest information, two things have become very clear; On one hand, the divergence in the benchmark performance has grown and on the other hand, there are brands that are struggling. Maruti Suzuki and Toyota which constituted 62% of automobile sales in FY 2020 demonstrate organised growth while Citroën, Renault, Skoda, and Tata Motors have not recorded the same success in India, displaying the convoluted nature of the Indian automotive market.

These affects includes product development, strategy in pricing, ability in marketing, and ability to adapt to changes in market and regulatory environment. Those few brands which are capable of responding to these factors with speed and in the right direction of strategy are only going to strengthen their positions, or at least are only going to lose less ground in the cut throat competition that exists for automobiles in the Indian auto market.

More specifically, industry forecast signals increased competition and sustaining changes in customer demand for electric and smart cars as some of the opportunities and threats for automotive manufacturers competing for supremacy in the India market. Thus, in this ever-changing environment, flexibility, and future diversification on product offerings would be key to sustaining growth and sustaining market relevance form a market perspective.

The leading car manufacturers in India continue to display rather contrasting results through June 2024, as industry trends and issues persist. As per the statistics of JATO Dynamics, Maruti Suzuki continues to rule the Indian car market with an impressive 40.

The leading car manufacturers in India continue to display rather contrasting results through June 2024, as industry trends and issues persist. As per the statistics of JATO Dynamics, Maruti Suzuki continues to rule the Indian car market with an impressive 40.4% market share, although they have slightly dropped compared to the previous year. While this retention of market leadership supports Maruti’s strong market position, it also points to growing competition and changing trends. On the other hand, Toyota is identified to be performing better in terms of growth with an impressive growth rate of 41. 2% in sales and 2.0% change in market share. This increase may well be attributed to Toyota’s strategic management and positioning, probably resulting from the successful introduction of products and successful sales campaigns in various segments. Another noteworthy participant is Mahindra, which has also advanced a lot, getting a rather impressive 22. 8% and increasing its market share by one percent. This ascent indicates proper management of product and market approaches in response to customers’ needs, especially in the SUV and utility vehicles categories, which Mahindra specialises in. Also Read: Hyundai, LG Energy launch Indonesia's first EV battery plant But the market snapshot shows a rather unenviable position for several other auto manufacturers. The European car manufacturers that include Citroën, Renault, and Skoda have faced some stiff challenges whereby Citroën has in particular recorded a daunting 66.2% dilution in sales where whereas Renault and Skoda prophecy a reduction in selling by 34.8% and 35.3%, respectively. They highlight the problem of international firms in gaining and maintaining market presence in the competitive context of India. Likewise, Tata Motors, one of the oldest leaders in the Indian market, faces a 7.9% reduction in the sales’ figure and a 1.6% decline in market share. This decrease in performance underlines Tata’s failure to build a sustained growth during periods of high competition and changing customer base preferences in the direction of new players and even the renovated models from rivals. Using the latest information, two things have become very clear; On one hand, the divergence in the benchmark performance has grown and on the other hand, there are brands that are struggling. Maruti Suzuki and Toyota which constituted 62% of automobile sales in FY 2020 demonstrate organised growth while Citroën, Renault, Skoda, and Tata Motors have not recorded the same success in India, displaying the convoluted nature of the Indian automotive market. These affects includes product development, strategy in pricing, ability in marketing, and ability to adapt to changes in market and regulatory environment. Those few brands which are capable of responding to these factors with speed and in the right direction of strategy are only going to strengthen their positions, or at least are only going to lose less ground in the cut throat competition that exists for automobiles in the Indian auto market. More specifically, industry forecast signals increased competition and sustaining changes in customer demand for electric and smart cars as some of the opportunities and threats for automotive manufacturers competing for supremacy in the India market. Thus, in this ever-changing environment, flexibility, and future diversification on product offerings would be key to sustaining growth and sustaining market relevance form a market perspective.

Wide performance gap in India's auto market highlights challenges

Luxury carmaker Ferrari has launched two new warranty extension programs for its hybrid models. These initiatives are aimed at ensuring that the value and performance of Ferrari vehicles are retained, bearing in mind that batteries, which are the main components of most hybrid cars, are bound to degrade in the long run.

The new programs, named Warranty Extension Hybrid and Power Hybrid, promise to replace the high-voltage battery packs (HVB) in Ferrari hybrid cars at specific intervals: and again only when the vehicle is four years old or sixteen years old from its start up. This is a preventive measure that aims at countering rogue owners of electrified vehicles who frequently post on the durability and the efficiency of their battery systems that have a massive impact on the car’s resale value.

In addition to these battery replacements, Ferrari offers standard five-year warranty on hybrid system parts. The new warranty extensions will also be transferred to successive owners to also ensure that resale of Ferrari hybrids is equally enticing due to the warranty of performance.

Also Read:&nbsp;<a href="https://www.wionews.com/autonews/skoda-auto-unveils-all-electric-elroq-compact-suv-with-over-500-km-range-736796">Škoda Auto unveils all-electric Elroq compact SUV with over 500-km range</a>

When it came to developing the next generation batteries, or the new HVBs, Ferrari also ensured that the battery technology would be enhanced and its electrical and power performance as a replacement battery for the HVBs would be equal or better. It also shows the company's willingness to integrate advanced technology in the production of their automobiles to add value to its buyers without straining the investors.

It also features such elements like production of continued protectant factory warranties that entail the coverage of the entire car and the key powertrain parts for an extra period of two-four years. Certain insiders disclosed that these complete warranty solutions go for about 7,000 euros, which is equivalent to 7,530 dollars, annually.&nbsp;

Interestingly, such warranties will also hold for Ferrari’s eagerly-awaited all-electric car model that is expected to hit the market early the next year; proof that Ferrari is as committed as ever in the manufacture of sophisticated automobiles going by the current rising pace of innovation in the auto industry.

After Ferrari officially joined the hybrid-electric car segment since 2019 with products like SF90 Stradale, 296 GTB and 296 GTS, they strategically sit in the handling of performance automobile’s electrification. Further, the company has committed to unveiling its first all-electric car by the year 2025 aiming on Climate Change and Sustainable Mobility solutions. 
&nbsp;

Luxury carmaker Ferrari has launched two new warranty extension programs for its hybrid models. These initiatives are aimed at ensuring that the value and performance of Ferrari vehicles are retained, bearing in mind that batteries, which are the main components of most hybrid cars, are bound to degrade in the long run.

Luxury carmaker Ferrari has launched two new warranty extension programs for its hybrid models. These initiatives are aimed at ensuring that the value and performance of Ferrari vehicles are retained, bearing in mind that batteries, which are the main components of most hybrid cars, are bound to degrade in the long run. The new programs, named Warranty Extension Hybrid and Power Hybrid, promise to replace the high-voltage battery packs (HVB) in Ferrari hybrid cars at specific intervals: and again only when the vehicle is four years old or sixteen years old from its start up. This is a preventive measure that aims at countering rogue owners of electrified vehicles who frequently post on the durability and the efficiency of their battery systems that have a massive impact on the car’s resale value. In addition to these battery replacements, Ferrari offers standard five-year warranty on hybrid system parts. The new warranty extensions will also be transferred to successive owners to also ensure that resale of Ferrari hybrids is equally enticing due to the warranty of performance. Also Read: Škoda Auto unveils all-electric Elroq compact SUV with over 500-km range When it came to developing the next generation batteries, or the new HVBs, Ferrari also ensured that the battery technology would be enhanced and its electrical and power performance as a replacement battery for the HVBs would be equal or better. It also shows the company's willingness to integrate advanced technology in the production of their automobiles to add value to its buyers without straining the investors. It also features such elements like production of continued protectant factory warranties that entail the coverage of the entire car and the key powertrain parts for an extra period of two-four years. Certain insiders disclosed that these complete warranty solutions go for about 7,000 euros, which is equivalent to 7,530 dollars, annually. Interestingly, such warranties will also hold for Ferrari’s eagerly-awaited all-electric car model that is expected to hit the market early the next year; proof that Ferrari is as committed as ever in the manufacture of sophisticated automobiles going by the current rising pace of innovation in the auto industry. After Ferrari officially joined the hybrid-electric car segment since 2019 with products like SF90 Stradale, 296 GTB and 296 GTS, they strategically sit in the handling of performance automobile’s electrification. Further, the company has committed to unveiling its first all-electric car by the year 2025 aiming on Climate Change and Sustainable Mobility solutions.

Ferrari launches battery replacement schemes for hybrid models

Uber Technologies has unveiled its strategy to expand its offerings to meet the emerging demand of water-based transportation in Europe. The Uber of water taxi, dubbed ‘Uber Yacht’ service, is set for July 26th launch in Ibiza, Spain. This comes after the region recorded an impressive growth in tourism to different countries within the continent as more tourists begin to look for thrilling and exotic products and services in their holidays.

In addition to the yacht service, Uber celebrates the launch of a “limo boat” as a new floating limousine bus line in Venice, Italy starting July to cruise through the Venetian lagoon. This effort underscores Uber’s continued efforts to deliver unique mobility solutions that fit naturally into the tourism fabric and Pecos Maravillas scenery.

Also Read:&nbsp;<a href="https://www.wionews.com/autonews/nissan-launches-second-delivery-program-to-enhance-customer-experience-736781">Nissan launches Second Delivery program to enhance customer experience</a>

Seasonal flexibility was also shown by Uber where the company revealed that the customer demand for its services had risen by a staggering 55% during the summer of 2023 in the international market, especially Greece and Spain. This demand increase has seen the Uber company start the expansion of its “Uber Boat” from the initial launch in Mykonos to Athens, Corfu and Santorini. This expansion is to enable easier access to secluded beach frontage and remote destination elite, and thereby improving the potential tourist experience.

In the future, Uber has expanded its strategies of exploration as well as coordination in the field of travel. Earlier in May, the company penned a joint venture agreement to launch cruises along the Seine River in Paris to profit from existing interest created by the Olympics. This initiative is in line with the approach Uber seems to be taking in anticipating the needs of travelers looking for extreme and memorable experiences in Europe’s historic places.

Uber Technologies has unveiled its strategy to expand its offerings to meet the emerging demand of water-based transportation in Europe. The Uber of water taxi, dubbed ‘Uber Yacht’ service, is set for July 26th launch in Ibiza, Spain.

Uber Technologies has unveiled its strategy to expand its offerings to meet the emerging demand of water-based transportation in Europe. The Uber of water taxi, dubbed ‘Uber Yacht’ service, is set for July 26th launch in Ibiza, Spain. This comes after the region recorded an impressive growth in tourism to different countries within the continent as more tourists begin to look for thrilling and exotic products and services in their holidays. In addition to the yacht service, Uber celebrates the launch of a “limo boat” as a new floating limousine bus line in Venice, Italy starting July to cruise through the Venetian lagoon. This effort underscores Uber’s continued efforts to deliver unique mobility solutions that fit naturally into the tourism fabric and Pecos Maravillas scenery. Also Read: Nissan launches Second Delivery program to enhance customer experience Seasonal flexibility was also shown by Uber where the company revealed that the customer demand for its services had risen by a staggering 55% during the summer of 2023 in the international market, especially Greece and Spain. This demand increase has seen the Uber company start the expansion of its “Uber Boat” from the initial launch in Mykonos to Athens, Corfu and Santorini. This expansion is to enable easier access to secluded beach frontage and remote destination elite, and thereby improving the potential tourist experience. In the future, Uber has expanded its strategies of exploration as well as coordination in the field of travel. Earlier in May, the company penned a joint venture agreement to launch cruises along the Seine River in Paris to profit from existing interest created by the Olympics. This initiative is in line with the approach Uber seems to be taking in anticipating the needs of travelers looking for extreme and memorable experiences in Europe’s historic places.

Uber expands boat services across Europe, including luxury yacht

CDK Global, a leading provider of software for car dealerships, is working to restore its systems after a massive outage that impacted over 15,000 clients following cyberattacks in June. The company anticipates that all dealers will be live on its Dealer Management System (DMS) by late July 3 or early morning on July 4.

Phased restoration approach

CDK Global is taking a phased approach to the restoration process, rapidly bringing dealers live on the DMS. The company successfully transitioned two small groups and one large publicly traded auto retailer to the live DMS platform last week.

Restored customer care channels

CDK Global has already restored its customer care channels, allowing dealers to seek help through phone calls, chat support, or by submitting eCases. The company is also actively working on bringing other applications live.

Also read:<a href="https://www.wionews.com/autonews/tesla-remains-a-contender-in-the-ev-market-demand-challenges-737151">&nbsp;Tesla remains a contender in the EV market demand challenges</a>

Impact on auto sales

The outage forced some U.S. auto dealers to revert to manual paperwork, which is expected to result in slower growth in second-quarter U.S. auto sales. Industry experts, such as Jessica Caldwell, head of insights at Edmunds, have highlighted the impact of these attacks on the automotive industry's recovery.

Targeted dealerships

The cyberattack impacted about half of Volkswagen dealers and around 60% of Audi's dealers in the United States. CDK Global's DMS plays a crucial role in streamlining operations for around 15,000 U.S. auto dealerships, enabling managers to oversee profitability, finalize deals, monitor inventory, and employee compensation.

Cybersecurity concerns

The incident raises concerns about the cybersecurity vulnerabilities faced by the automotive industry. Dealerships have increasingly become targets for cybercriminals, with a CDK report revealing that 17% of surveyed dealerships experienced cyber incidents in the past year.

CDK Global's efforts to restore its systems following the massive outage are crucial for the automotive industry's recovery. The incident highlights the importance of robust cyber defences to safeguard sensitive customer information and ensure the continuity of dealership operations.

(Inputs from Reuters)

CDK Global, a leading provider of software for car dealerships, is working to restore its systems after a massive outage that impacted over 15,000 clients following cyberattacks in June.

CDK Global, a leading provider of software for car dealerships, is working to restore its systems after a massive outage that impacted over 15,000 clients following cyberattacks in June. The company anticipates that all dealers will be live on its Dealer Management System (DMS) by late July 3 or early morning on July 4. Phased restoration approach CDK Global is taking a phased approach to the restoration process, rapidly bringing dealers live on the DMS. The company successfully transitioned two small groups and one large publicly traded auto retailer to the live DMS platform last week. Restored customer care channels CDK Global has already restored its customer care channels, allowing dealers to seek help through phone calls, chat support, or by submitting eCases. The company is also actively working on bringing other applications live. Also read: Tesla remains a contender in the EV market demand challenges Impact on auto sales The outage forced some U.S. auto dealers to revert to manual paperwork, which is expected to result in slower growth in second-quarter U.S. auto sales. Industry experts, such as Jessica Caldwell, head of insights at Edmunds, have highlighted the impact of these attacks on the automotive industry's recovery. Targeted dealerships The cyberattack impacted about half of Volkswagen dealers and around 60% of Audi's dealers in the United States. CDK Global's DMS plays a crucial role in streamlining operations for around 15,000 U.S. auto dealerships, enabling managers to oversee profitability, finalize deals, monitor inventory, and employee compensation. Cybersecurity concerns The incident raises concerns about the cybersecurity vulnerabilities faced by the automotive industry. Dealerships have increasingly become targets for cybercriminals, with a CDK report revealing that 17% of surveyed dealerships experienced cyber incidents in the past year. CDK Global's efforts to restore its systems following the massive outage are crucial for the automotive industry's recovery. The incident highlights the importance of robust cyber defences to safeguard sensitive customer information and ensure the continuity of dealership operations. (Inputs from Reuters)

CDK Global aims to restore car dealership systems after massive outage

Hero MotoCorp is gearing up to pay tribute to the ultimate brain behind the Hero group, the legendary Founder Chairman Dr. Brijmohan Lall Munjal, through a classic ‘Centennial’ motorcycle. This is dedicated to the late Dr. Munjal, who this year would have been 101 years old and this honour seeks to enshrine his principles of vision, courage, hard work, commitment, passion and perseverance in law, innovation, excellence, humility and community welfare.

Coming with great workmanship and making quality and performance statements, ‘The Centennial’ is indeed a car enthusiasts’ delight. This unique model was designed and developed by the Hero Centre for Innovation and Technology (CIT) in India, along with the Hero Tech Centre in Germany (TCG), making it a clear reflection of Hero MotoCorp’s drive to consistently innovate in the realms of engineering and design.

Available in strictly only 100 pieces, ‘The Centennial’ is equipped with innovative solutions like carbon fiber body parts and aluminium milling, which add not only the aesthetic but also the functional value. It is provided with gas-charged mono-shock Wilbers and 43mm upside-down front suspension for excellent control and smooth riding.

Also Read:&nbsp;<a href="https://www.wionews.com/autonews/ferrari-launches-battery-replacement-schemes-for-hybrid-models-737002">Ferrari launches battery replacement schemes for hybrid models</a>

Among the features showcased in ‘The Centennial’ is its carbon fiber and titanium Akrapovic exhaust tailored to give a deep and unique exhaust tone with an added performance attribute. The other aspects of the limited edition include numbering on the body, polished wheels and that the motorcycles come with a custom paint job at the engine and frame.

As a testimony to Dr. Munjal’s generosity, Hero MotoCorp plans to auction these collectible bikes internally to employees, affiliate companies and patrons. The proceeds will be used for community welfare programs. Deliveries of 'The Centennial' are set to commence from September 2024.&nbsp;

In addition to this, to commemorate this remarkable feat, Hero MotoCorp has embarked on a 100-day engagement program at all its production centers/plants and dealerships across the world. The promo offers full cash back for the motorcycle or scooter owners who will be purchasing Hero motorcycle or scooter within the promotional period up to one hundred Hero motorcycles or scooters.&nbsp;

Further, Hero MotoCorp has embarked upon the ‘My Hero, My Story’ promotion that offers the existing customers an opportunity to share their experiences with the Hero branded vehicles. The best stories will be awarded with ‘The Centennial’ motorcycle, with the jury being made up of highly reputable motorcycle aficionados.

Hero MotoCorp is gearing up to pay tribute to the ultimate brain behind the Hero group, the legendary Founder Chairman Dr. Brijmohan Lall Munjal, through a classic ‘Centennial’ motorcycle.

Hero MotoCorp is gearing up to pay tribute to the ultimate brain behind the Hero group, the legendary Founder Chairman Dr. Brijmohan Lall Munjal, through a classic ‘Centennial’ motorcycle. This is dedicated to the late Dr. Munjal, who this year would have been 101 years old and this honour seeks to enshrine his principles of vision, courage, hard work, commitment, passion and perseverance in law, innovation, excellence, humility and community welfare. Coming with great workmanship and making quality and performance statements, ‘The Centennial’ is indeed a car enthusiasts’ delight. This unique model was designed and developed by the Hero Centre for Innovation and Technology (CIT) in India, along with the Hero Tech Centre in Germany (TCG), making it a clear reflection of Hero MotoCorp’s drive to consistently innovate in the realms of engineering and design. Available in strictly only 100 pieces, ‘The Centennial’ is equipped with innovative solutions like carbon fiber body parts and aluminium milling, which add not only the aesthetic but also the functional value. It is provided with gas-charged mono-shock Wilbers and 43mm upside-down front suspension for excellent control and smooth riding. Also Read: Ferrari launches battery replacement schemes for hybrid models Among the features showcased in ‘The Centennial’ is its carbon fiber and titanium Akrapovic exhaust tailored to give a deep and unique exhaust tone with an added performance attribute. The other aspects of the limited edition include numbering on the body, polished wheels and that the motorcycles come with a custom paint job at the engine and frame. As a testimony to Dr. Munjal’s generosity, Hero MotoCorp plans to auction these collectible bikes internally to employees, affiliate companies and patrons. The proceeds will be used for community welfare programs. Deliveries of 'The Centennial' are set to commence from September 2024. In addition to this, to commemorate this remarkable feat, Hero MotoCorp has embarked on a 100-day engagement program at all its production centers/plants and dealerships across the world. The promo offers full cash back for the motorcycle or scooter owners who will be purchasing Hero motorcycle or scooter within the promotional period up to one hundred Hero motorcycles or scooters. Further, Hero MotoCorp has embarked upon the ‘My Hero, My Story’ promotion that offers the existing customers an opportunity to share their experiences with the Hero branded vehicles. The best stories will be awarded with ‘The Centennial’ motorcycle, with the jury being made up of highly reputable motorcycle aficionados.

Hero MotoCorp honours founder with 'The Centennial' Collector's Edition motorcycle

Martin Brower, a prominent supply chain solutions provider for global restaurant chains, is enhancing its fleet with 10 additional VNR Electric vehicles from Volvo Trucks North America. These electric trucks will support food and beverage deliveries to select McDonald’s restaurants in the Greater Montreal and Toronto areas. This move represents a significant step towards sustainable transportation solutions.

Collaboration for sustainability

As a key distributor for McDonald’s, Martin Brower has collaborated with the restaurant chain to reduce its carbon footprint by incorporating alternative-fuel vehicles. This expansion builds on a successful trial of the first zero-tailpipe emission truck deployed in 2022 at Martin Brower’s Baie d’Urfé distribution centre. This truck has been serving McDonald’s restaurants in the Montreal area.

Matthew Blackman, VTNA’s managing director for Canada, highlighted the significance of this initiative. “It’s exciting to see a powerhouse brand like McDonald’s working with their partners to help decarbonise the transportation of goods. It’s a testament to the performance and reliability of the Volvo VNR Electric that these global leaders are choosing to scale their trial of battery-electric vehicles where feasible,” he said.

Initial trials and expansion

The first Class 8 VNR Electric truck was part of a trial to assess its ability to handle routine routes and large product loads. Following the success of this trial, McDonald’s Canada and Martin Brower have decided to deploy 10 more Volvo VNR Electric vehicles. Seven of these vehicles will operate in the Greater Toronto area, while the remaining three will be based at the Montreal distribution centre in Baie-D'Urfé.

Also read:&nbsp;<a href="https://www.wionews.com/autonews/canada-considers-tariffs-on-chinese-evs-amid-global-concerns-734845">Canada considers tariffs on Chinese EVs amid global concerns</a>

Hope Bentley, head of supply chain for McDonald’s Canada, expressed satisfaction with the expansion. “After two years with the battery-electric Volvo VNR tractor on the road, we are pleased to see more electric vehicles added to the fleet serving McDonald’s restaurants in the trial areas. We work toward our global pledge to achieve net-zero greenhouse gas emissions by 2050. Even though customers won’t notice any difference in their favourite order, McDonald’s is taking action behind the scenes to help make an impact in the communities we serve,” she said.

Long-term partnership and environmental goals

Martin Brower has been a service provider for McDonald’s since 1956, delivering products to the first restaurant in Des Plaines, Illinois. Both companies have set ambitious targets for reducing greenhouse gas (GHG) emissions. McDonald’s aims to achieve net-zero GHG emissions globally by 2050, while Martin Brower targets a 50% reduction in carbon emissions by 2030.

Julie Dell’Aniello, president of Martin Brower Canada, emphasised the alignment of goals between the two companies. “McDonald’s has been a like-minded collaborator for many decades with aligned goals. Together, our companies share similar commitments to test alternative-fuel vehicles,” she said.

Technical collaboration and future prospects

Martin Brower worked with Vision Truck Group, a local Volvo Trucks certified electric vehicle dealer, to determine the optimal truck configuration based on route and application data from the Montreal trial. The electric performance generator (EPG) tool was utilised to identify the preferred VNR Electric configurations for Martin Brower, taking into consideration route specifics, traffic patterns, and environmental factors such as terrain and temperature.

The electric vehicles based at the Baie d’Urfé distribution centre will be serviced by Camions Volvo Montreal, which assisted Martin Brower with its first 6x4-configuration VNR Electric tractor during the initial trial.

The expansion of Martin Brower’s electric fleet marks a significant milestone in the shift towards sustainable transportation. By collaborating with McDonald’s and leveraging advanced electric vehicle technology, Martin Brower aims to reduce its carbon footprint and support the global effort to achieve net-zero emissions. This initiative not only underscores the commitment of both companies to environmental sustainability but also sets a precedent for other supply chain providers and restaurant chains to follow.

Martin Brower, a prominent supply chain solutions provider for global restaurant chains, is enhancing its fleet with 10 additional VNR Electric vehicles from Volvo Trucks North America.

Martin Brower, a prominent supply chain solutions provider for global restaurant chains, is enhancing its fleet with 10 additional VNR Electric vehicles from Volvo Trucks North America. These electric trucks will support food and beverage deliveries to select McDonald’s restaurants in the Greater Montreal and Toronto areas. This move represents a significant step towards sustainable transportation solutions. Collaboration for sustainability As a key distributor for McDonald’s, Martin Brower has collaborated with the restaurant chain to reduce its carbon footprint by incorporating alternative-fuel vehicles. This expansion builds on a successful trial of the first zero-tailpipe emission truck deployed in 2022 at Martin Brower’s Baie d’Urfé distribution centre. This truck has been serving McDonald’s restaurants in the Montreal area. Matthew Blackman, VTNA’s managing director for Canada, highlighted the significance of this initiative. “It’s exciting to see a powerhouse brand like McDonald’s working with their partners to help decarbonise the transportation of goods. It’s a testament to the performance and reliability of the Volvo VNR Electric that these global leaders are choosing to scale their trial of battery-electric vehicles where feasible,” he said. Initial trials and expansion The first Class 8 VNR Electric truck was part of a trial to assess its ability to handle routine routes and large product loads. Following the success of this trial, McDonald’s Canada and Martin Brower have decided to deploy 10 more Volvo VNR Electric vehicles. Seven of these vehicles will operate in the Greater Toronto area, while the remaining three will be based at the Montreal distribution centre in Baie-D'Urfé. Also read: Canada considers tariffs on Chinese EVs amid global concerns Hope Bentley, head of supply chain for McDonald’s Canada, expressed satisfaction with the expansion. “After two years with the battery-electric Volvo VNR tractor on the road, we are pleased to see more electric vehicles added to the fleet serving McDonald’s restaurants in the trial areas. We work toward our global pledge to achieve net-zero greenhouse gas emissions by 2050. Even though customers won’t notice any difference in their favourite order, McDonald’s is taking action behind the scenes to help make an impact in the communities we serve,” she said. Long-term partnership and environmental goals Martin Brower has been a service provider for McDonald’s since 1956, delivering products to the first restaurant in Des Plaines, Illinois. Both companies have set ambitious targets for reducing greenhouse gas (GHG) emissions. McDonald’s aims to achieve net-zero GHG emissions globally by 2050, while Martin Brower targets a 50% reduction in carbon emissions by 2030. Julie Dell’Aniello, president of Martin Brower Canada, emphasised the alignment of goals between the two companies. “McDonald’s has been a like-minded collaborator for many decades with aligned goals. Together, our companies share similar commitments to test alternative-fuel vehicles,” she said. Technical collaboration and future prospects Martin Brower worked with Vision Truck Group, a local Volvo Trucks certified electric vehicle dealer, to determine the optimal truck configuration based on route and application data from the Montreal trial. The electric performance generator (EPG) tool was utilised to identify the preferred VNR Electric configurations for Martin Brower, taking into consideration route specifics, traffic patterns, and environmental factors such as terrain and temperature. The electric vehicles based at the Baie d’Urfé distribution centre will be serviced by Camions Volvo Montreal, which assisted Martin Brower with its first 6x4-configuration VNR Electric tractor during the initial trial. The expansion of Martin Brower’s electric fleet marks a significant milestone in the shift towards sustainable transportation. By collaborating with McDonald’s and leveraging advanced electric vehicle technology, Martin Brower aims to reduce its carbon footprint and support the global effort to achieve net-zero emissions. This initiative not only underscores the commitment of both companies to environmental sustainability but also sets a precedent for other supply chain providers and restaurant chains to follow.

Martin Brower expands electric fleet for McDonald’s deliveries in Canada

Škoda Auto is set to elevate its electric SUV lineup with the forthcoming debut of the Elroq, scheduled for autumn 2024. The Elroq has been classified under the A Main SUV segment and will become one of Škoda’s larger additions to its relatively small range of electric vehicles, drawn upon its Modern Solid design language in order to make a dramatic entrance into the class.

The Škoda Elroq has attractive design with certain specific features and due to its compact dimensions, it has sufficient internal space for passengers and their cargos suitable for both cities and their outskirts. The Elroq also provides enough space for the daily expected stowage having a luggage compartment volume of between 470/1,580 liters.&nbsp;

Also Read:&nbsp;<a href="https://www.wionews.com/autonews/nissan-launches-second-delivery-program-to-enhance-customer-experience-736781">Nissan launches Second Delivery program to enhance customer experience</a>

Power outputs range from 170 metric horsepower (125 kilowatts) to 300 metric horsepower (220 kilowatts), to fit the demands of motorists, with an impressive range up to 348 miles (560 kilometers) on a single charge under Worldwide Harmonized Light Vehicles Test Procedure (WLTP). The charging process is fast as the car supports the capability of DC fast charging that takes not more than 28 minutes to charge the car from 10% to 80%.

Klaus Zellmer, CEO of Škoda Auto, emphasised the strategic importance of the Elroq, saying, "Introducing new segments of electric vehicles is crucial for the further development of the company’s strategy and Škoda Auto brand plans The Elroq is a remarkable step forward in our BEV range and represents our dedication to innovation and design."

The Škoda Elroq is the first in line of cars that represent the Modern Solid design concept from Škoda Auto with influences from the Tech-Deck Face that eliminates the traditional grille, which includes technological marvels like radar and front cameras. The sleek aesthetic of the SUV’s clear and bright LED headlights and the car’s herculean four-eye face look are other features of this car.

Inside, the Elroq maintains a practical yet environmentally friendly approach from Design Selections which has available options such as Recytitan fibre which is originated from recycled PET as upholstery. Some of the interior features include a 13-inch infotainment touch screen display, AR head-up display and digital cabin concept for improved convenience and a connected driving experience.

Safety is paramount in the Škoda Elroq, equipped with up to nine airbags and an array of standard and optional assistance systems. Features like Travel Assist and Intelligent Park Assist with Remote Parking underscore Škoda's commitment to innovation in safety and convenience.

With its upcoming launch, the Škoda Elroq signals a bold step forward in Škoda Auto’s electrification strategy, promising a blend of cutting-edge technology, sustainable design, and uncompromising performance tailored to meet the evolving demands of modern drivers.

Škoda Auto is set to elevate its electric SUV lineup with the forthcoming debut of the Elroq, scheduled for autumn 2024. The Elroq has been classified under the A Main SUV segment and will become one of Škoda’s larger additions to its relatively small range of electric vehicles, drawn upon its Modern Solid design language in order to make a dramatic entrance into the class.

Škoda Auto is set to elevate its electric SUV lineup with the forthcoming debut of the Elroq, scheduled for autumn 2024. The Elroq has been classified under the A Main SUV segment and will become one of Škoda’s larger additions to its relatively small range of electric vehicles, drawn upon its Modern Solid design language in order to make a dramatic entrance into the class. The Škoda Elroq has attractive design with certain specific features and due to its compact dimensions, it has sufficient internal space for passengers and their cargos suitable for both cities and their outskirts. The Elroq also provides enough space for the daily expected stowage having a luggage compartment volume of between 470/1,580 liters. Also Read: Nissan launches Second Delivery program to enhance customer experience Power outputs range from 170 metric horsepower (125 kilowatts) to 300 metric horsepower (220 kilowatts), to fit the demands of motorists, with an impressive range up to 348 miles (560 kilometers) on a single charge under Worldwide Harmonized Light Vehicles Test Procedure (WLTP). The charging process is fast as the car supports the capability of DC fast charging that takes not more than 28 minutes to charge the car from 10% to 80%. Klaus Zellmer, CEO of Škoda Auto, emphasised the strategic importance of the Elroq, saying, "Introducing new segments of electric vehicles is crucial for the further development of the company’s strategy and Škoda Auto brand plans The Elroq is a remarkable step forward in our BEV range and represents our dedication to innovation and design." The Škoda Elroq is the first in line of cars that represent the Modern Solid design concept from Škoda Auto with influences from the Tech-Deck Face that eliminates the traditional grille, which includes technological marvels like radar and front cameras. The sleek aesthetic of the SUV’s clear and bright LED headlights and the car’s herculean four-eye face look are other features of this car. Inside, the Elroq maintains a practical yet environmentally friendly approach from Design Selections which has available options such as Recytitan fibre which is originated from recycled PET as upholstery. Some of the interior features include a 13-inch infotainment touch screen display, AR head-up display and digital cabin concept for improved convenience and a connected driving experience. Safety is paramount in the Škoda Elroq, equipped with up to nine airbags and an array of standard and optional assistance systems. Features like Travel Assist and Intelligent Park Assist with Remote Parking underscore Škoda's commitment to innovation in safety and convenience. With its upcoming launch, the Škoda Elroq signals a bold step forward in Škoda Auto’s electrification strategy, promising a blend of cutting-edge technology, sustainable design, and uncompromising performance tailored to meet the evolving demands of modern drivers.

Škoda Auto unveils all-electric Elroq compact SUV with over 500-km range

Nissan has introduced the Second Delivery program to help owners manage new generation driving technologies such as ProPILOT Assist and Safety Shield 360. Admitting that it may take some time to familiarise with these features, particularly for first time Nissan owners, Second Delivery is designed to provide support personally to them.

As of February 2023, Second Delivery was introduced first for the Ariya. It is now being extended to cover the Rogue SL, Rogue Platinum, and LEAF by late 2024. It is a free service that is intended to enhance the usual delivery of vehicles by giving them a detailed briefing after a week or so to the owners of the car whether newly bought or leased.

Also Read:&nbsp;<a href="https://www.wionews.com/autonews/china-turns-to-australia-to-sell-its-evs-amid-rising-trade-barriers-with-us-eu-736746">China turns to Australia to sell its EVs amid rising trade barriers with US, EU</a>

Here’s how it works: Owners may choose to have Second Delivery from designated dealers or through the MyNISSAN app if applicable or Nissan Owners Portal. A dedicated Tech Expert reschedules the meeting point to their comfort, whether it be at home, workplace, or another location of their preference to explain to the owner all about the functionalities of the vehicle. Earlier, members may have called to request setting up of specific features, seeking answers to specific queries, or simply being introduced to technologies that can make their driving experience even more enjoyable.

Missy N. , a satisfied Ariya owner from Colorado, shared her positive experience: To tell the truth, the easier I got used to all the options the car possessed, the more I felt the desire to turn it on.

As mentioned above, more than 5,000 Second Delivery appointments have been made, and each Tech Expert has undergone thorough training and, depending on a specific model, such as Ariya, Rogue or LEAF, it takes up to 900 hours of training. The majority of customers, at 93%, deemed Second Delivery tremendously valuable in getting a sense of the car’s capability, as quoted by Nissan’s vice president of eCommerce and Customer Experience, Dan Mohnke.

Mohnke emphasised the importance of personalised experiences in meeting customer expectations, especially for Ariya owners new to Nissan. "These types of experiences are extremely important for us to offer for our Ariya customers, who are largely new to the Nissan brand and interested in using all of the latest technology," he noted.

Philip Stahl, a recent Ariya Platinum+ e-4ORCE owner from Southern California, praised the program for its utility and convenience. "It was definitely useful in getting comfortable with the technology," he remarked. Stahl highlighted the Tech Expert's accessibility post-appointment, noting how easily he could reach out for further assistance.

The expansion of Second Delivery underscores Nissan's commitment to fostering long-term customer satisfaction and trust. "Second Delivery builds a sense of trust with the customer," Mohnke added. "It shows we’re not just about the purchase. You’re a customer for life." Nissan plans to broaden its reach across more models, supported by knowledgeable experts dedicated to enhancing the ownership experience. 
&nbsp;

Nissan has introduced the Second Delivery program to help owners manage new generation driving technologies such as ProPILOT Assist and Safety Shield 360. Admitting that it may take some time to familiarise with these features, particularly for first time Nissan owners, Second Delivery is designed to provide support personally to them.

Nissan has introduced the Second Delivery program to help owners manage new generation driving technologies such as ProPILOT Assist and Safety Shield 360. Admitting that it may take some time to familiarise with these features, particularly for first time Nissan owners, Second Delivery is designed to provide support personally to them. As of February 2023, Second Delivery was introduced first for the Ariya. It is now being extended to cover the Rogue SL, Rogue Platinum, and LEAF by late 2024. It is a free service that is intended to enhance the usual delivery of vehicles by giving them a detailed briefing after a week or so to the owners of the car whether newly bought or leased. Also Read: China turns to Australia to sell its EVs amid rising trade barriers with US, EU Here’s how it works: Owners may choose to have Second Delivery from designated dealers or through the MyNISSAN app if applicable or Nissan Owners Portal. A dedicated Tech Expert reschedules the meeting point to their comfort, whether it be at home, workplace, or another location of their preference to explain to the owner all about the functionalities of the vehicle. Earlier, members may have called to request setting up of specific features, seeking answers to specific queries, or simply being introduced to technologies that can make their driving experience even more enjoyable. Missy N. , a satisfied Ariya owner from Colorado, shared her positive experience: To tell the truth, the easier I got used to all the options the car possessed, the more I felt the desire to turn it on. As mentioned above, more than 5,000 Second Delivery appointments have been made, and each Tech Expert has undergone thorough training and, depending on a specific model, such as Ariya, Rogue or LEAF, it takes up to 900 hours of training. The majority of customers, at 93%, deemed Second Delivery tremendously valuable in getting a sense of the car’s capability, as quoted by Nissan’s vice president of eCommerce and Customer Experience, Dan Mohnke. Mohnke emphasised the importance of personalised experiences in meeting customer expectations, especially for Ariya owners new to Nissan. "These types of experiences are extremely important for us to offer for our Ariya customers, who are largely new to the Nissan brand and interested in using all of the latest technology," he noted. Philip Stahl, a recent Ariya Platinum+ e-4ORCE owner from Southern California, praised the program for its utility and convenience. "It was definitely useful in getting comfortable with the technology," he remarked. Stahl highlighted the Tech Expert's accessibility post-appointment, noting how easily he could reach out for further assistance. The expansion of Second Delivery underscores Nissan's commitment to fostering long-term customer satisfaction and trust. "Second Delivery builds a sense of trust with the customer," Mohnke added. "It shows we’re not just about the purchase. You’re a customer for life." Nissan plans to broaden its reach across more models, supported by knowledgeable experts dedicated to enhancing the ownership experience.

Nissan launches Second Delivery program to enhance customer experience

China is on the lookout for fresh opportunities in the export of electric vehicles (EVs) to other parts of the world since there are headwinds in the developed markets such as the US and Europe owing to signs of additional taxes that might erode competitiveness. Australia, however, as we have seen is a different proposition as it still allows Chinese EVs into its market and is therefore a good area for future launches. However, stronger competitors such as MG and BYD are increasing market competitiveness in the Australian EV market which has been influenced by Tesla’s dominance.

MG, a British car brand owned by SAIC, which is affiliated with the CCP, has succeeded with the ZS SUV and EV and is looking to launch the PHEV MG3 and the EV Cyberster some time in 2024. It has also achieved considerable progress with car models such as the Atto 3, Dolphin, and Seal and even surpassed Tesla briefly, albeit incomprehensibly in January of this year. Rivals including XPeng, Geely, Changan, and Leapmotor are also snapping at the heels to jump into the nascent market in Australia for EVs.

Also Read:&nbsp;<a href="https://www.wionews.com/autonews/walmart-canada-leads-with-first-hydrogen-fuel-cell-truck-in-north-america-736692">Walmart Canada leads with first hydrogen fuel cell truck in North America</a>

Currently, China dominates the EV manufacturing industry not only through possession of key battery materials but also through competitive and cheap electric cars that enjoy governmental support that has capped the EVs' prices in the country. This has been attributed to the fact that Chinese made EVs are relatively cheap, a consideration that is very important in markets where price plays a critical role.

Some of the strategies that are currently being practiced by the US regulators include restricting Chinese automakers while the EU is contemplating to introducing hefty tariffs proportional to government subsidies on auto exports to its member nations, while on its part, Australia has not shown any sign of excess concern on competition in the auto sector. A representative from Australian-based Federal Chamber of Automotive Industries (FCAI) focused on new opportunities to expand choices and enhance the standing of consumers.

Australian demand for EVs is on the rise, with 98,000 units sold in 2023, comprising over half of the country's EV fleet. Government initiatives such as the National Electric Vehicle Strategy and investments from the Australian Renewable Energy Agency into charging infrastructure further support this growth. However, Scott Dwyer from the University of Technology Sydney warns of potential market stabilisation and emphasises the importance of scaling charging infrastructure to meet future demands.

China is on the lookout for fresh opportunities in the export of electric vehicles (EVs) to other parts of the world since there are headwinds in the developed markets such as the US and Europe owing to signs of additional taxes that might erode competitiveness.

China is on the lookout for fresh opportunities in the export of electric vehicles (EVs) to other parts of the world since there are headwinds in the developed markets such as the US and Europe owing to signs of additional taxes that might erode competitiveness. Australia, however, as we have seen is a different proposition as it still allows Chinese EVs into its market and is therefore a good area for future launches. However, stronger competitors such as MG and BYD are increasing market competitiveness in the Australian EV market which has been influenced by Tesla’s dominance. MG, a British car brand owned by SAIC, which is affiliated with the CCP, has succeeded with the ZS SUV and EV and is looking to launch the PHEV MG3 and the EV Cyberster some time in 2024. It has also achieved considerable progress with car models such as the Atto 3, Dolphin, and Seal and even surpassed Tesla briefly, albeit incomprehensibly in January of this year. Rivals including XPeng, Geely, Changan, and Leapmotor are also snapping at the heels to jump into the nascent market in Australia for EVs. Also Read: Walmart Canada leads with first hydrogen fuel cell truck in North America Currently, China dominates the EV manufacturing industry not only through possession of key battery materials but also through competitive and cheap electric cars that enjoy governmental support that has capped the EVs' prices in the country. This has been attributed to the fact that Chinese made EVs are relatively cheap, a consideration that is very important in markets where price plays a critical role. Some of the strategies that are currently being practiced by the US regulators include restricting Chinese automakers while the EU is contemplating to introducing hefty tariffs proportional to government subsidies on auto exports to its member nations, while on its part, Australia has not shown any sign of excess concern on competition in the auto sector. A representative from Australian-based Federal Chamber of Automotive Industries (FCAI) focused on new opportunities to expand choices and enhance the standing of consumers. Australian demand for EVs is on the rise, with 98,000 units sold in 2023, comprising over half of the country's EV fleet. Government initiatives such as the National Electric Vehicle Strategy and investments from the Australian Renewable Energy Agency into charging infrastructure further support this growth. However, Scott Dwyer from the University of Technology Sydney warns of potential market stabilisation and emphasises the importance of scaling charging infrastructure to meet future demands.

China turns to Australia to sell its EVs amid rising trade barriers with US, EU

Petrol pump owners across Delhi have deferred their planned strike, allowing Pollution Under Control (PUC) certification centres to continue operations on Monday. This decision follows assurances from Transport Minister Kailash Gahlot that their demand for a fee hike is being reviewed.

Petrol pump associations had announced a strike, intending to halt PUC certification services starting Monday. Their primary demand was an increase in the fees for conducting emission tests, which have not been revised since 2011. However, after a series of discussions with government officials, the strike was postponed.

Government assurance

According to reports, the Transport Minister assured the petrol pump owners that their demand for a fee hike is under serious consideration. This assurance came after extensive talks aimed at preventing a disruption in the essential PUC certification services across the capital.

Current PUC certification process

PUC certificates are mandatory for vehicles to ensure they meet emission standards for pollutants such as carbon monoxide (CO) and carbon dioxide (CO2). The current fee structure for emission testing is Rs 60 for petrol and CNG-driven two and three-wheelers, INR&nbsp;80 for petrol four-wheelers, and INR 100 for diesel-run four-wheelers.

Also read:&nbsp;<a href="https://www.wionews.com/autonews/walmart-canada-leads-with-first-hydrogen-fuel-cell-truck-in-north-america-736692">Walmart Canada leads with first hydrogen fuel cell truck in North America</a>

Historical context

The last fee hike for PUC certification was implemented in 2011. Since then, there has been a growing demand from petrol pump owners for an increase, citing rising operational costs. The lack of revision in fees has led to financial strain on these centres, prompting the recent strike threat.

Importance of PUC certification

PUC certification is a critical component of vehicle regulation in Delhi, a city grappling with severe air pollution issues. Regular emission testing helps ensure that vehicles on the road do not exceed permissible pollution levels, thus contributing to efforts to improve air quality. The fee for PUC certification, which varies by vehicle type and fuel, is currently set at Rs 60 for petrol and CNG two and three-wheelers, Rs 80 for petrol four-wheelers, and Rs 100 for diesel four-wheelers.

Petrol pump owners' perspective

Petrol pump owners argue that the current fees are insufficient to cover the operational costs of maintaining and running the PUC certification centres. They claim that the fee structure, unchanged for over a decade, does not reflect the current economic realities and operational expenses.

Next steps

The Transport Minister's assurance has provided a temporary reprieve, but petrol pump owners remain vigilant. They expect a concrete resolution to their demands soon, failing which they may consider resuming their strike. The government has indicated that a committee will review the fee structure and submit recommendations promptly.

Impact on public

For Delhi residents, the continuation of PUC services means uninterrupted access to essential vehicle emission testing. This is particularly important given the city's ongoing battle with pollution and the need for stringent checks to maintain air quality standards.

The deferral of the strike by petrol pump owners is a temporary solution to a long-standing issue. The government's willingness to review the fee structure offers hope for a more sustainable resolution. As discussions continue, the focus remains on balancing the operational viability of PUC centres with the need to maintain rigorous emission standards to protect Delhi's environment.

By addressing the financial concerns of petrol pump owners, the government aims to ensure the smooth functioning of PUC centres, thereby contributing to the broader goal of reducing vehicular pollution in the capital.

Petrol pump owners across Delhi have deferred their planned strike, allowing Pollution Under Control (PUC) certification centres to continue operations on Monday.

Petrol pump owners across Delhi have deferred their planned strike, allowing Pollution Under Control (PUC) certification centres to continue operations on Monday. This decision follows assurances from Transport Minister Kailash Gahlot that their demand for a fee hike is being reviewed. Petrol pump associations had announced a strike, intending to halt PUC certification services starting Monday. Their primary demand was an increase in the fees for conducting emission tests, which have not been revised since 2011. However, after a series of discussions with government officials, the strike was postponed. Government assurance According to reports, the Transport Minister assured the petrol pump owners that their demand for a fee hike is under serious consideration. This assurance came after extensive talks aimed at preventing a disruption in the essential PUC certification services across the capital. Current PUC certification process PUC certificates are mandatory for vehicles to ensure they meet emission standards for pollutants such as carbon monoxide (CO) and carbon dioxide (CO2). The current fee structure for emission testing is Rs 60 for petrol and CNG-driven two and three-wheelers, INR 80 for petrol four-wheelers, and INR 100 for diesel-run four-wheelers. Also read: Walmart Canada leads with first hydrogen fuel cell truck in North America Historical context The last fee hike for PUC certification was implemented in 2011. Since then, there has been a growing demand from petrol pump owners for an increase, citing rising operational costs. The lack of revision in fees has led to financial strain on these centres, prompting the recent strike threat. Importance of PUC certification PUC certification is a critical component of vehicle regulation in Delhi, a city grappling with severe air pollution issues. Regular emission testing helps ensure that vehicles on the road do not exceed permissible pollution levels, thus contributing to efforts to improve air quality. The fee for PUC certification, which varies by vehicle type and fuel, is currently set at Rs 60 for petrol and CNG two and three-wheelers, Rs 80 for petrol four-wheelers, and Rs 100 for diesel four-wheelers. Petrol pump owners' perspective Petrol pump owners argue that the current fees are insufficient to cover the operational costs of maintaining and running the PUC certification centres. They claim that the fee structure, unchanged for over a decade, does not reflect the current economic realities and operational expenses. Next steps The Transport Minister's assurance has provided a temporary reprieve, but petrol pump owners remain vigilant. They expect a concrete resolution to their demands soon, failing which they may consider resuming their strike. The government has indicated that a committee will review the fee structure and submit recommendations promptly. Impact on public For Delhi residents, the continuation of PUC services means uninterrupted access to essential vehicle emission testing. This is particularly important given the city's ongoing battle with pollution and the need for stringent checks to maintain air quality standards. The deferral of the strike by petrol pump owners is a temporary solution to a long-standing issue. The government's willingness to review the fee structure offers hope for a more sustainable resolution. As discussions continue, the focus remains on balancing the operational viability of PUC centres with the need to maintain rigorous emission standards to protect Delhi's environment. By addressing the financial concerns of petrol pump owners, the government aims to ensure the smooth functioning of PUC centres, thereby contributing to the broader goal of reducing vehicular pollution in the capital.

Delhi petrol pump owners defer strike after assurance from Transport Minister

In what is a major overhaul to what has long been recognized as a brand’s Initial Quality Study (IQS), JD Power has incorporated franchise dealership repair visits with the Voice of the Customer (VOC) to provide a full view of vehicle quality as it pertains to the model year 2024. A report unveiled today shows that the current benchmark for problems per 100 vehicles which is abbreviated as PP100 now averages 195.

This average has been beaten by mass market brands that have collectively scored 181 PP100 in a clear indication that they are conscious of the fact that the quality of vehicles on road needs to be improved. On the other hand, complex brands with complicated supply chain networks along with heavy dependence on connections rank a higher number of 232 PP100 due to problems emanating from new mob Sent.

Senior director of Auto Benchmarking at JD Power Frank Hanley added comment that while the technology is challenging the vehicle firms to maintain better quality, it has shown the more positive trend in such areas as voice recognition and parking cameras compared to the previous years.

Also Read:&nbsp;<a href="https://www.wionews.com/autonews/jd-power-study-reveals-surprises-in-2024-us-initial-quality-735976">J.D. Power Study reveals surprises in 2024 U.S. Initial Quality</a>

The survey also explores the attitudes toward Battery Electric Vehicles (BEVs) and Plug-In Hybrid Electric Vehicles (PHEVs). Interestingly, even though the sustainability literature suggested that BEVs and PHEVs would be easier to maintain than traditional gas-powered vehicles, BEVs and PHEVs have higher numbers across all repair categories than the control group of traditional gas-powered vehicles. Newer BEVs and PHEVs owners claim their vehicles than gas-powered cars three times more frequently, suggesting that the sector still faces problems, according Hanley.

Specifically, gas- and diesel-powered vehicles average 180 PP100, while BEVs exhibit a higher rate at 266 PP100. Notably, Tesla's BEV quality has aligned closely with traditional OEMs this year, both scoring 266 PP100. This marks a shift from previous years where Tesla outperformed in this category, possibly impacted by the removal of traditional feature controls like turn signals and wiper stalks, which have received mixed feedback from Tesla owners.

Some of the important conclusions made in the 2024 study involve increasing annoyance with false alerts concerning security concerns such as rear-seat reminder alerts and ADAS. Further, the matters between the smartphone connection to vehicles through the Android Auto and Apple CarPlay remain an open issue; connectivity issues are the main challenge drivers face.

The next main issue of concern raised in the study is the issue of in-vehicle controls, which appear to persist to pose serious challenges, particularly in electric vehicles. The recent change to the use of buttons positioned on the steering wheel has also been a point of criticism amongst consumers, helping to account for higher scores in PP100 in this area than those labelled gas models.

Further, new cars with more superior features are seen to give uncomfortable smells inside the car and the smell from the heating, ventilation and air conditioning systems also indicate that vehicle comfort and customer satisfaction remain a pressing issue.

The annual IQS, established in 1988, is released this year and is the 38th edition, which was based on the survey of 99,144 new vehicle owners 90 days after the initial purchase. It is the first time, that also includes the so-called repair visit information in addition to conventional VOC data, which offers car manufacturers a broader view on quality problems over the entire period of vehicle ownership.

According to the initial quality study, the masses’ market brands that dominated were Ram, Chevrolet, and Hyundai, while the premium brands that performed well were Porsche, Lexus, and Genesis. Companies with model-level awards as key awards: General Motors has achieved the highest number with six, Hyundai Motor Group and Toyota Motor Corporation with four each.

The IQS takes place between July 2023 and May 2024 and targets 10 areas of the vehicle such as Infotainment, Advanced Driver Assistance Systems, Powertrain, Climate Control and others and is a way to foster ongoing development of automotive products and quality of new vehicles as perceived by buyers.

In what is a major overhaul to what has long been recognized as a brand’s Initial Quality Study (IQS), JD Power has incorporated franchise dealership repair visits with the Voice of the Customer (VOC) to provide a full view of vehicle quality as it pertains to the model year 2024.

In what is a major overhaul to what has long been recognized as a brand’s Initial Quality Study (IQS), JD Power has incorporated franchise dealership repair visits with the Voice of the Customer (VOC) to provide a full view of vehicle quality as it pertains to the model year 2024. A report unveiled today shows that the current benchmark for problems per 100 vehicles which is abbreviated as PP100 now averages 195. This average has been beaten by mass market brands that have collectively scored 181 PP100 in a clear indication that they are conscious of the fact that the quality of vehicles on road needs to be improved. On the other hand, complex brands with complicated supply chain networks along with heavy dependence on connections rank a higher number of 232 PP100 due to problems emanating from new mob Sent. Senior director of Auto Benchmarking at JD Power Frank Hanley added comment that while the technology is challenging the vehicle firms to maintain better quality, it has shown the more positive trend in such areas as voice recognition and parking cameras compared to the previous years. Also Read: J.D. Power Study reveals surprises in 2024 U.S. Initial Quality The survey also explores the attitudes toward Battery Electric Vehicles (BEVs) and Plug-In Hybrid Electric Vehicles (PHEVs). Interestingly, even though the sustainability literature suggested that BEVs and PHEVs would be easier to maintain than traditional gas-powered vehicles, BEVs and PHEVs have higher numbers across all repair categories than the control group of traditional gas-powered vehicles. Newer BEVs and PHEVs owners claim their vehicles than gas-powered cars three times more frequently, suggesting that the sector still faces problems, according Hanley. Specifically, gas- and diesel-powered vehicles average 180 PP100, while BEVs exhibit a higher rate at 266 PP100. Notably, Tesla's BEV quality has aligned closely with traditional OEMs this year, both scoring 266 PP100. This marks a shift from previous years where Tesla outperformed in this category, possibly impacted by the removal of traditional feature controls like turn signals and wiper stalks, which have received mixed feedback from Tesla owners. Some of the important conclusions made in the 2024 study involve increasing annoyance with false alerts concerning security concerns such as rear-seat reminder alerts and ADAS. Further, the matters between the smartphone connection to vehicles through the Android Auto and Apple CarPlay remain an open issue; connectivity issues are the main challenge drivers face. The next main issue of concern raised in the study is the issue of in-vehicle controls, which appear to persist to pose serious challenges, particularly in electric vehicles. The recent change to the use of buttons positioned on the steering wheel has also been a point of criticism amongst consumers, helping to account for higher scores in PP100 in this area than those labelled gas models. Further, new cars with more superior features are seen to give uncomfortable smells inside the car and the smell from the heating, ventilation and air conditioning systems also indicate that vehicle comfort and customer satisfaction remain a pressing issue. The annual IQS, established in 1988, is released this year and is the 38th edition, which was based on the survey of 99,144 new vehicle owners 90 days after the initial purchase. It is the first time, that also includes the so-called repair visit information in addition to conventional VOC data, which offers car manufacturers a broader view on quality problems over the entire period of vehicle ownership. According to the initial quality study, the masses’ market brands that dominated were Ram, Chevrolet, and Hyundai, while the premium brands that performed well were Porsche, Lexus, and Genesis. Companies with model-level awards as key awards: General Motors has achieved the highest number with six, Hyundai Motor Group and Toyota Motor Corporation with four each. The IQS takes place between July 2023 and May 2024 and targets 10 areas of the vehicle such as Infotainment, Advanced Driver Assistance Systems, Powertrain, Climate Control and others and is a way to foster ongoing development of automotive products and quality of new vehicles as perceived by buyers.

BEVs face issues despite leveling playing field with Tesla: JD Power

The growth and constant advancements in lithium-ion battery technology are relatively recent and have been led by established players such as Contemporary Amperex Technology Co. Limited (CATL) and BYD. However, new car manufacturers from China have been actively working on bringing battery solutions in-house. More recently, Geely, Volvo and Polestar’s parent company has presented its most recent creation in the range of the batteries under the name of the Aegis Short Blade LFP battery.&nbsp;

It is planning on launching this new battery to directly compete with CATL’s Shenxing battery as well as the BYD Blade Battery 2.0, which is expected to restore the performance and endurance in the electric vehicle (EV) industry.

The Aegis Short Blade battery is one of the key products, demonstrating Geely’s aggressive move into the LFP cell market that is emerging as a strong contender in the automotive markets due to improved reliability and safety characteristics. Initially seen as suitable only for low-end traditional EVs because of the lower energy density as compared with NCMs, LFP cells are now being worked upon for the possible replacement of nickel-based chemistries in all but the high-performance category on EVs. 
 
Also Read:&nbsp;<a href="https://www.wionews.com/autonews/zeekrs-sales-increases-as-chinese-evs-dominate-russian-auto-industry-735663">Zeekr's sales increases as Chinese EVs dominate Russian auto industry</a>

Geely gave its Aegis Short Blade battery an energy density of 192 Wh/kg, and it has the capability to maintain 80 percent of its charging up to 3,500 cycles of charging without reduction to the driving range. Geely claims that these improvements are due to the incorporation of nanotube technology that enables ion exchange, and further enhancements of the additives that improve the film thickness permeability for the easier transfer of lithium ions in the electrodes.

Moreover, Geely's new battery cells demonstrate superior performance in cold climates, maintaining 90.54% of their capacity at temperatures as low as minus 30 degrees Celsius (minus 22 Fahrenheit), compared to 78.96% for conventional long blade batteries.

Concerning layout, safety is well preserved to the core in Geely's battery configuration. Housed in the Aegis Short Blade cells there is a self-fusing technology on the electrode that will seal off in case of an accident to avoid short circuits. Compared with the conventional lead-acid batteries, these batteries are equipped with high strength, high thermal stability diaphragms which help to prevent the batteries from overheat and improve its safe performance under high temperature environment.

Geely Auto’s first use of the Aegis Short Blade battery will be in the Geely Galaxy E5 Bull Electric Vehicle which is set for release in early August this year. It will be available in two battery pack variants: 50 kWh and 60 kWh respectively; which translates to ranges of 440 km (273 miles) and 530 km (329 miles) respectively according to the Chinese CLTC standard.

The incorporation of the Aegis Short Blade battery by Geely also exhibits the company’s effort of contributing to electric vehicle technology and improving on the vehicle drive, thereby redefining the electric mobility space and setting new standards in the extremely competitive world of electric mobility.

The growth and constant advancements in lithium-ion battery technology are relatively recent and have been led by established players such as Contemporary Amperex Technology Co.

The growth and constant advancements in lithium-ion battery technology are relatively recent and have been led by established players such as Contemporary Amperex Technology Co. Limited (CATL) and BYD. However, new car manufacturers from China have been actively working on bringing battery solutions in-house. More recently, Geely, Volvo and Polestar’s parent company has presented its most recent creation in the range of the batteries under the name of the Aegis Short Blade LFP battery. It is planning on launching this new battery to directly compete with CATL’s Shenxing battery as well as the BYD Blade Battery 2.0, which is expected to restore the performance and endurance in the electric vehicle (EV) industry. The Aegis Short Blade battery is one of the key products, demonstrating Geely’s aggressive move into the LFP cell market that is emerging as a strong contender in the automotive markets due to improved reliability and safety characteristics. Initially seen as suitable only for low-end traditional EVs because of the lower energy density as compared with NCMs, LFP cells are now being worked upon for the possible replacement of nickel-based chemistries in all but the high-performance category on EVs. Also Read: Zeekr's sales increases as Chinese EVs dominate Russian auto industry Geely gave its Aegis Short Blade battery an energy density of 192 Wh/kg, and it has the capability to maintain 80 percent of its charging up to 3,500 cycles of charging without reduction to the driving range. Geely claims that these improvements are due to the incorporation of nanotube technology that enables ion exchange, and further enhancements of the additives that improve the film thickness permeability for the easier transfer of lithium ions in the electrodes. Moreover, Geely's new battery cells demonstrate superior performance in cold climates, maintaining 90.54% of their capacity at temperatures as low as minus 30 degrees Celsius (minus 22 Fahrenheit), compared to 78.96% for conventional long blade batteries. Concerning layout, safety is well preserved to the core in Geely's battery configuration. Housed in the Aegis Short Blade cells there is a self-fusing technology on the electrode that will seal off in case of an accident to avoid short circuits. Compared with the conventional lead-acid batteries, these batteries are equipped with high strength, high thermal stability diaphragms which help to prevent the batteries from overheat and improve its safe performance under high temperature environment. Geely Auto’s first use of the Aegis Short Blade battery will be in the Geely Galaxy E5 Bull Electric Vehicle which is set for release in early August this year. It will be available in two battery pack variants: 50 kWh and 60 kWh respectively; which translates to ranges of 440 km (273 miles) and 530 km (329 miles) respectively according to the Chinese CLTC standard. The incorporation of the Aegis Short Blade battery by Geely also exhibits the company’s effort of contributing to electric vehicle technology and improving on the vehicle drive, thereby redefining the electric mobility space and setting new standards in the extremely competitive world of electric mobility.

Geely launches LFP 'Short Blade' battery for enhanced EV performance

Genesis debuted its latest innovations at the Busan International Mobility Show 2024 (BIMOS), headlined by the Genesis X Gran Racer Vision Gran Turismo (VGT) Concept. This marks the first time a vehicle from Genesis' high-performance Magma program has been unveiled to the Korean public.

In addition to the X Gran Racer VGT Concept, Genesis also unveiled the Genesis Electrified G80 that received a new look and made its global premiere at the 2024 Auto China show in Beijing in April. Unveiled in the Asian market for the first time is the Genesis Neolun Concept which was uncovered at the New York motor show earlier this year.

Genesis brand's Global Head, Mike Song, also said that in Genesis, buyers would get safety, comfort, and the best driving experience. As arguably Korea's foremost luxury brand, he confidently noted, “LJC is committed to putting our customers first – to understand their needs and to ensure their wants are our only focus.”

Exterior highlights

The Genesis X Gran Berlinetta Racer concept is a derivative of the genesis X Gran Berlinetta notion conceived by Genesis, which is the fourth car built for the virtual motorsport video game referred to as the Gran Turismo. We are endowed with improved ground effect used to maximize the car aerodynamics and its ability to hold the ground. Being operated electronically for them to be precise, active aerodynamic flaps help to control the airflow; a flat design of the underbody also helps in cutting down the drag and improves the stability of the car.

Reflecting X Trilogy Concept, the Two-Line Crest Grille continues the line from the front to the side and the rear to encourage better air flow resulting in improved performance. Further modification to its aerodynamics involve widening of the front spoiler, rear spoiler, side skirt and incorporating fins into the fronted radiators.

Interior highlights

As the Genesis design philosophy of “The Beauty of White Space”, the interior is dominated by the white hue but has a racer-oriented feel. While the structural elements appear to decline the weight as much as possible, they support the core features. Panels give a full picture of the car’s conditions, which helps drivers make the right decisions This is just the front end throughout the whole vehicle with the structure of a Digital Panorama Interface.

Carbon fiber trimmings are also present in the interior and the visible link to the car’s sporting intent is strengthened both in looks and feel terms. He deduced that fitted padding is crucial to achieve comfort and support while undertaking sensitive racing movements.

Performance and Powertrain

In essence, a front mid-mounted race-spec Lambda II V6 engine is integrated as a powerplant within the X Gran Racer VGT Concept, complemented by the Genesis’ electric supercharger (E-S/C) technology. This framework enables the creation of a powertrain that boasts an amazing 1,540 horsepower and 1,051 pound-feet of torque. The performance of V6 engine only yields 870 horsepower and 790 pound-feet at per revelation of 10,000 rpm whereas front E motor yielding 670 horsepower and 225 pound-feet torque.

Neolun concept and electrified G80

Genesis’ hospitable EV is expressed in the Genesis Neolun Concept that is a full-size electric SUV, which has driven-ingenuity in the pack through the B-pillar-less coach doors and the swivellable front row. Genesis Electrified G80 is completely redesigned to embody the brand’s design philosophy of ‘Athletic Elegance’ - with the G-Matrix Crest Grille and Genesis Micro Lens Array (MLA) headlamps. 
&nbsp;

Genesis debuted its latest innovations at the Busan International Mobility Show 2024 (BIMOS), headlined by the Genesis X Gran Racer Vision Gran Turismo (VGT) Concept.

Genesis debuted its latest innovations at the Busan International Mobility Show 2024 (BIMOS), headlined by the Genesis X Gran Racer Vision Gran Turismo (VGT) Concept. This marks the first time a vehicle from Genesis' high-performance Magma program has been unveiled to the Korean public. In addition to the X Gran Racer VGT Concept, Genesis also unveiled the Genesis Electrified G80 that received a new look and made its global premiere at the 2024 Auto China show in Beijing in April. Unveiled in the Asian market for the first time is the Genesis Neolun Concept which was uncovered at the New York motor show earlier this year. Genesis brand's Global Head, Mike Song, also said that in Genesis, buyers would get safety, comfort, and the best driving experience. As arguably Korea's foremost luxury brand, he confidently noted, “LJC is committed to putting our customers first – to understand their needs and to ensure their wants are our only focus.” Exterior highlights The Genesis X Gran Berlinetta Racer concept is a derivative of the genesis X Gran Berlinetta notion conceived by Genesis, which is the fourth car built for the virtual motorsport video game referred to as the Gran Turismo. We are endowed with improved ground effect used to maximize the car aerodynamics and its ability to hold the ground. Being operated electronically for them to be precise, active aerodynamic flaps help to control the airflow; a flat design of the underbody also helps in cutting down the drag and improves the stability of the car. Reflecting X Trilogy Concept, the Two-Line Crest Grille continues the line from the front to the side and the rear to encourage better air flow resulting in improved performance. Further modification to its aerodynamics involve widening of the front spoiler, rear spoiler, side skirt and incorporating fins into the fronted radiators. Interior highlights As the Genesis design philosophy of “The Beauty of White Space”, the interior is dominated by the white hue but has a racer-oriented feel. While the structural elements appear to decline the weight as much as possible, they support the core features. Panels give a full picture of the car’s conditions, which helps drivers make the right decisions This is just the front end throughout the whole vehicle with the structure of a Digital Panorama Interface. Carbon fiber trimmings are also present in the interior and the visible link to the car’s sporting intent is strengthened both in looks and feel terms. He deduced that fitted padding is crucial to achieve comfort and support while undertaking sensitive racing movements. Performance and Powertrain In essence, a front mid-mounted race-spec Lambda II V6 engine is integrated as a powerplant within the X Gran Racer VGT Concept, complemented by the Genesis’ electric supercharger (E-S/C) technology. This framework enables the creation of a powertrain that boasts an amazing 1,540 horsepower and 1,051 pound-feet of torque. The performance of V6 engine only yields 870 horsepower and 790 pound-feet at per revelation of 10,000 rpm whereas front E motor yielding 670 horsepower and 225 pound-feet torque. Neolun concept and electrified G80 Genesis’ hospitable EV is expressed in the Genesis Neolun Concept that is a full-size electric SUV, which has driven-ingenuity in the pack through the B-pillar-less coach doors and the swivellable front row. Genesis Electrified G80 is completely redesigned to embody the brand’s design philosophy of ‘Athletic Elegance’ - with the G-Matrix Crest Grille and Genesis Micro Lens Array (MLA) headlamps.

Genesis X Gran Racer VGT concept unveiled at Busan auto show

China has invested USD 230.8 billion over more than a decade to bolster its electric vehicle (EV) industry, according to analysis published by the US-based Center for Strategic and International Studies (CSIS) on Thursday. This substantial government support equates to 18.8% of total electric car sales between 2009 and 2023, noted Scott Kennedy, trustee chair in Chinese Business and Economics at CSIS. He highlighted that the ratio of such spending to EV sales has decreased significantly, from over 40% before 2017 to just above 11% in 2023.

Such findings come at a time when the European Union is set to impose tariffs on the Chinese electric cars imported due to the subsidies that are applied in their production. However, last month, the US also stated that it plans to increase tariffs on Chinese electric vehicles to 100%.

Also Read:<a href="https://www.wionews.com/autonews/ford-to-build-its-next-gen-electric-vehicles-at-new-long-beach-campus-735570">&nbsp;Ford to build its next-gen electric vehicles at new Long Beach campus</a>

Kennedy also highlighted that stated policies to support electric cars have also employed other policies that negatively affect foreign auto manufacturers but benefit China’s auto industry. However, he noted that the US has not well prepared the environment for the native electric car industry development. “Still, there are instances where the Western automakers and governments have prevaricated and have not been all that assertive,” Kennedy said. He previously claimed in a report four years ago that there were seven policy initiatives that could foreshadow trade tensions originating from Chinese electric cars.

Not all of these government subsidies and incentives can be said to have directly supported the growth of cars. Even in the early stage of China’s EV construction, the Ministry of Finance found that at least five firms cheated for over one billion yuan (USD 140 million) from the government.

Made-in-China vehicles have also experienced improved market positioning, as more customers are turning to electric cars over fuel-powered vehicles for imported automobiles. Competition is stiff with corporate analysts from the Bank of America stating that major automakers in the United States should pull out their operations in the country.

"Independent auto analysts and Western automakers with whom I've spoken all agree that Chinese EV makers and battery producers have made tremendous progress and must be taken seriously," Kennedy stated. Nonetheless, he noted that despite extensive government support and market growth, Chinese EV companies have yet to see significant profit increases. "In a well-functioning market economy, firms would more carefully gauge their investment in new capacity, and the emergence of such a sharp gap between supply and demand would likely result in industry consolidation," he added.

BYD's net profit per car has declined over the last 12 months to USD 739, according to CLSA's first-quarter analysis, while Tesla's has dropped to USD 2,919. The EV industry has faced an intense price war over the past year, with companies either reducing prices or launching lower-priced product lines.

Chinese EV startup Nio, which is still operating at a loss, projected last month that about 10 automakers will exit the Chinese market, leaving 20 to 30 players. In contrast, the US has been ramping up efforts to support electric vehicles. The Inflation Reduction Act, signed into law in August 2022, allocated USD 370 billion to promote clean technologies. Kennedy noted that this legislation includes a USD 7,500 credit for qualifying electric car purchases, compared to the average Chinese support per electric car purchase of USD 4,600 in 2023, down from USD 13,860 in 2018.

China has invested USD 230.8 billion over more than a decade to bolster its electric vehicle (EV) industry, according to analysis published by the US-based Center for Strategic and International Studies (CSIS) on Thursday.

China has invested USD 230.8 billion over more than a decade to bolster its electric vehicle (EV) industry, according to analysis published by the US-based Center for Strategic and International Studies (CSIS) on Thursday. This substantial government support equates to 18.8% of total electric car sales between 2009 and 2023, noted Scott Kennedy, trustee chair in Chinese Business and Economics at CSIS. He highlighted that the ratio of such spending to EV sales has decreased significantly, from over 40% before 2017 to just above 11% in 2023. Such findings come at a time when the European Union is set to impose tariffs on the Chinese electric cars imported due to the subsidies that are applied in their production. However, last month, the US also stated that it plans to increase tariffs on Chinese electric vehicles to 100%. Also Read: Ford to build its next-gen electric vehicles at new Long Beach campus Kennedy also highlighted that stated policies to support electric cars have also employed other policies that negatively affect foreign auto manufacturers but benefit China’s auto industry. However, he noted that the US has not well prepared the environment for the native electric car industry development. “Still, there are instances where the Western automakers and governments have prevaricated and have not been all that assertive,” Kennedy said. He previously claimed in a report four years ago that there were seven policy initiatives that could foreshadow trade tensions originating from Chinese electric cars. Not all of these government subsidies and incentives can be said to have directly supported the growth of cars. Even in the early stage of China’s EV construction, the Ministry of Finance found that at least five firms cheated for over one billion yuan (USD 140 million) from the government. Made-in-China vehicles have also experienced improved market positioning, as more customers are turning to electric cars over fuel-powered vehicles for imported automobiles. Competition is stiff with corporate analysts from the Bank of America stating that major automakers in the United States should pull out their operations in the country. "Independent auto analysts and Western automakers with whom I've spoken all agree that Chinese EV makers and battery producers have made tremendous progress and must be taken seriously," Kennedy stated. Nonetheless, he noted that despite extensive government support and market growth, Chinese EV companies have yet to see significant profit increases. "In a well-functioning market economy, firms would more carefully gauge their investment in new capacity, and the emergence of such a sharp gap between supply and demand would likely result in industry consolidation," he added. BYD's net profit per car has declined over the last 12 months to USD 739, according to CLSA's first-quarter analysis, while Tesla's has dropped to USD 2,919. The EV industry has faced an intense price war over the past year, with companies either reducing prices or launching lower-priced product lines. Chinese EV startup Nio, which is still operating at a loss, projected last month that about 10 automakers will exit the Chinese market, leaving 20 to 30 players. In contrast, the US has been ramping up efforts to support electric vehicles. The Inflation Reduction Act, signed into law in August 2022, allocated USD 370 billion to promote clean technologies. Kennedy noted that this legislation includes a USD 7,500 credit for qualifying electric car purchases, compared to the average Chinese support per electric car purchase of USD 4,600 in 2023, down from USD 13,860 in 2018.

China has spent USD 230 billion on its EV ecosystem: Study

Porsche has announced a recall for certain 2020 to 2025 models of its all-electric sports car, the Taycan, due to a faulty front brake hose. This marks another recall for the Taycan, which has experienced several since its launch in 2019. The Taycan which is the first full-electric sports model of Porsche was launched in 2019 and has been marketed globally with more 150,000 units. Nevertheless, the Taycan has been associated with several recall problems and still, it’s a commercially successful vehicle.&nbsp;

For instance, last December, more than 41,000 Taycan models were recalled because of the charging cable issues. Late this March, several hundred models were recalled due to possible short circuit of the battery modules. The latest recall involves 31,689 units of Taycan manufactured from the year 2020 to 2025. From a letter that Porsche sent to NHTSA it was indicated that front brake hoses may degrade and cause brake fluid leakage on these cars.&nbsp;

Also Read:&nbsp;<a href="https://www.wionews.com/autonews/gm-defense-introduces-battery-electric-technology-for-future-military-platforms-735371">GM Defense introduces battery electric technology for future military platforms</a>

While there have been no accidents recorded as having occurred in the US, Porsche is proceeding with the recall as a preventive measure. A case of reckless driving was reported in one of the countries and the vehicle was found to be moving at a speed of more than double the required limit in one case, it was moving at a speed of 120km/h in a zone that allowed a speed of 30km/h at most. The recall is a clear signal of Porsche’s focus on safety and quality and while the company persists in diversifying its product portfolio to add more electric cars.

Owners of these vehicles will be informed by Porsche starting from the July 3. Front brake hoses will be exchanged on new ones giving greater flexibility, and thus lessening the load, free of charge to the owners by dealers. Porsche customer service is reachable on 1-800-767-7243 with the recall number ARB0 for Taycan owners. There is extra data available on NHTSA website or through the NHTSA hotline number 1-888-327-4236, identification number 24V-455.

This year in February, Porsche unveiled the 2025 Taycan further extending the range, faster charging capability, and better acceleration. Subsequently in March, Porsche revealed the Taycan Turbo GT which happens to be its quickest road car. It engines has a power output of 1,092 hp and will do the 0-60 mph sprint in under 2.1 seconds, thus competing with the Tesla Model S.

Porsche has announced a recall for certain 2020 to 2025 models of its all-electric sports car, the Taycan, due to a faulty front brake hose. This marks another recall for the Taycan, which has experienced several since its launch in 2019.

Porsche has announced a recall for certain 2020 to 2025 models of its all-electric sports car, the Taycan, due to a faulty front brake hose. This marks another recall for the Taycan, which has experienced several since its launch in 2019. The Taycan which is the first full-electric sports model of Porsche was launched in 2019 and has been marketed globally with more 150,000 units. Nevertheless, the Taycan has been associated with several recall problems and still, it’s a commercially successful vehicle. For instance, last December, more than 41,000 Taycan models were recalled because of the charging cable issues. Late this March, several hundred models were recalled due to possible short circuit of the battery modules. The latest recall involves 31,689 units of Taycan manufactured from the year 2020 to 2025. From a letter that Porsche sent to NHTSA it was indicated that front brake hoses may degrade and cause brake fluid leakage on these cars. Also Read: GM Defense introduces battery electric technology for future military platforms While there have been no accidents recorded as having occurred in the US, Porsche is proceeding with the recall as a preventive measure. A case of reckless driving was reported in one of the countries and the vehicle was found to be moving at a speed of more than double the required limit in one case, it was moving at a speed of 120km/h in a zone that allowed a speed of 30km/h at most. The recall is a clear signal of Porsche’s focus on safety and quality and while the company persists in diversifying its product portfolio to add more electric cars. Owners of these vehicles will be informed by Porsche starting from the July 3. Front brake hoses will be exchanged on new ones giving greater flexibility, and thus lessening the load, free of charge to the owners by dealers. Porsche customer service is reachable on 1-800-767-7243 with the recall number ARB0 for Taycan owners. There is extra data available on NHTSA website or through the NHTSA hotline number 1-888-327-4236, identification number 24V-455. This year in February, Porsche unveiled the 2025 Taycan further extending the range, faster charging capability, and better acceleration. Subsequently in March, Porsche revealed the Taycan Turbo GT which happens to be its quickest road car. It engines has a power output of 1,092 hp and will do the 0-60 mph sprint in under 2.1 seconds, thus competing with the Tesla Model S.

Porsche recalling over 31,000 Taycan EVs over brake malfunction

Ford is returning to Long Beach with a new top flight research-and-development team that will concentrate on the future models of the electric cars. Select members of this team will be located in the newly-formed Douglas Park located near Long Beach Airport according to Ford and Mayor Rex Richardson. “Long Beach is obviously critical to our growth plan of bringing in the best talent for future mobility vehicles and experiences,” Doug Field, the Ford’s chief EV digital, and design officer said.

It was made during the mayor’s Grow Long Beach economic showcase on the 26th of June. The new campus is planned to occupy the area in early 2025 and will consist of two constructs. It will employ up to 450 staff that will focus on assembling a low-cost and versatile EV architecture. The head of the team is Alan Clarke, who previously worked for Tesla – the man has already managed to attract engineering talent from competitors such as Rivian.

This action enlarges a formerly covert ‘‘skunk works’’ group that has been lauded by Ford’s chief executive as some of the finest EV designers worldwide. This team has been working away from media limelight to create a multi-purpose strategy for this auto maker away from the Ford trappings.

Also Read:&nbsp;<a href="https://www.wionews.com/autonews/gm-defense-introduces-battery-electric-technology-for-future-military-platforms-735371">GM Defense introduces battery electric technology for future military platforms</a>

For Long Beach, the team’s concentration would be to create a new range of small inexpensive utilization vehicles that are inspired by the small Ford Model T for affordable innovation. Emma Bergg of Ford spoke to this project by stating that it was one of the most important projects to the EV division of the car manufacturer.

Ford has a past connection with Long Beach, Ford Long Beach Assembly Plant established in the year 1930 which manufactured Model A’s. The plant used nearly two thousand workers prior to its closure in 1958, and relocated to Pico Rivera. The return to Long Beach is therefore historic as observed by mayor Richardson referring to it as a circle.

Before Long Beach became its home, Ford employed its Advanced Electric Vehicle Team in Irvine city. Mayor Richard Daley noted there were no incentives extended to Ford on this hereby though there were several briefing sessions and visits to the proposed site at Douglas park. “Ford’s arrival is proof that our Grow Long Beach plan is working,” Richardson said referring to the plan he introduced to bring more companies that specialize in new technology, and specifically skilled manufacturing and engineering jobs to Long Beach.

Several industries are finding Long Beach as a good place to invest, especially the new space ventures and automotive industry. Richardson and Bergg stipulated that Mercedes-Benz has a research and development center in Long Beach where its current activities may expand and other firms such as SpaceX and Vast are adding employees. “In the case of commuting and its availability, and nearby facilities such as restaurants and workout facilities for the personnel were highlights cited by Bergg!”

Based on Field’s contribution, Ford intends to keep seeking for, acquiring, and nurturing the best global HW and SW talent for its electrification and EVs teams. Thus, the new headquarters will become more appropriate for this recruitment and innovation.

Ford is returning to Long Beach with a new top flight research-and-development team that will concentrate on the future models of the electric cars. Select members of this team will be located in the newly-formed Douglas Park located near Long Beach Airport according to Ford and Mayor Rex Richardson.

Ford is returning to Long Beach with a new top flight research-and-development team that will concentrate on the future models of the electric cars. Select members of this team will be located in the newly-formed Douglas Park located near Long Beach Airport according to Ford and Mayor Rex Richardson. “Long Beach is obviously critical to our growth plan of bringing in the best talent for future mobility vehicles and experiences,” Doug Field, the Ford’s chief EV digital, and design officer said. It was made during the mayor’s Grow Long Beach economic showcase on the 26th of June. The new campus is planned to occupy the area in early 2025 and will consist of two constructs. It will employ up to 450 staff that will focus on assembling a low-cost and versatile EV architecture. The head of the team is Alan Clarke, who previously worked for Tesla – the man has already managed to attract engineering talent from competitors such as Rivian. This action enlarges a formerly covert ‘‘skunk works’’ group that has been lauded by Ford’s chief executive as some of the finest EV designers worldwide. This team has been working away from media limelight to create a multi-purpose strategy for this auto maker away from the Ford trappings. Also Read: GM Defense introduces battery electric technology for future military platforms For Long Beach, the team’s concentration would be to create a new range of small inexpensive utilization vehicles that are inspired by the small Ford Model T for affordable innovation. Emma Bergg of Ford spoke to this project by stating that it was one of the most important projects to the EV division of the car manufacturer. Ford has a past connection with Long Beach, Ford Long Beach Assembly Plant established in the year 1930 which manufactured Model A’s. The plant used nearly two thousand workers prior to its closure in 1958, and relocated to Pico Rivera. The return to Long Beach is therefore historic as observed by mayor Richardson referring to it as a circle. Before Long Beach became its home, Ford employed its Advanced Electric Vehicle Team in Irvine city. Mayor Richard Daley noted there were no incentives extended to Ford on this hereby though there were several briefing sessions and visits to the proposed site at Douglas park. “Ford’s arrival is proof that our Grow Long Beach plan is working,” Richardson said referring to the plan he introduced to bring more companies that specialize in new technology, and specifically skilled manufacturing and engineering jobs to Long Beach. Several industries are finding Long Beach as a good place to invest, especially the new space ventures and automotive industry. Richardson and Bergg stipulated that Mercedes-Benz has a research and development center in Long Beach where its current activities may expand and other firms such as SpaceX and Vast are adding employees. “In the case of commuting and its availability, and nearby facilities such as restaurants and workout facilities for the personnel were highlights cited by Bergg!” Based on Field’s contribution, Ford intends to keep seeking for, acquiring, and nurturing the best global HW and SW talent for its electrification and EVs teams. Thus, the new headquarters will become more appropriate for this recruitment and innovation.

Ford to build its next-gen electric vehicles at new Long Beach campus

Rivian has been in a strategic partnership with Volkswagen Group and lately, the automaker committed up to USD 5 billion in a bid to take it to the next level of cooperation in their efforts to bring the next generation of electric vehicles and software. Rivian Auto is a 50-50 joint venture with Volkswagen, and with this partnership being a strong financial boost to Rivian and organisational complement to Volkswagen to overcome software problems.

Automaker Rivian, popular for making R1S SUVs and R1T pickups benefited from the news, seeing its stocks rise by about 50%, which could well have injected nearly USD 6 billion to the company’s market value. They are planning to bring fresh money needed to enhance Rivian’s upcoming R2 SUVs, and R3 crossovers for a start in early 2026. This will also help cut down on costs through the realisation of economies of scale from operations such as supply chain management, according to CEO RJ Scaringe.

In addition, it entailed licensing the intellectual property rights that Rivian possesses and creating software for the R2 SUV to be jointly used at the joint venture. Rivian has reached a significant scale as Volkswagen intends to apply this technology to Audi, Porsche, Lamborghini, and Bentley brands.

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This investment could be strategic for Volkswagen since, over the years, it has faced critical software issues within Cariad that affected product development and its overall financial goals. It is for this reason that Volkswagen keeps on aiming at introducing 25 electric vehicle models across its North American brands by 2030 and determinedly stay on the EV market despite the recent shares drop.

With relation to financial investment, Volkswagen will initially invest USD 1 billion in Rivian then the additional investments and a loan will also be made over the course of consecutive years based on certain achievement conditions presented by Rivian. This financial support is vital, especially for Rivian, which has faced significant per-vehicle losses but has mitigated the situation better than some of the other EV companies on the market.

This relationship does not only introduce prospects of new technology application but also strengthens Volkswagen’s standing in the rival EV market especially in North America where Volkswagen ID4 has recorded low sales. The collaboration between Rivian with its focus on EV SUVs and pickups as well as Volkswagen Group’s manufacturing scale allows both firms to harness the growing world’s demand for greener transportation.

In conclusion, the case of Volkswagen-Rivian joint venture constitutes a significant development in the transition of both manufacturers in the EV market sector. They attest to their focus on innovation and sustainability as well as establishing operational and financial milestones by leveraging partnerships and dedicating ample resources.

Rivian has been in a strategic partnership with Volkswagen Group and lately, the automaker committed up to USD 5 billion in a bid to take it to the next level of cooperation in their efforts to bring the next generation of electric vehicles and software.

Rivian has been in a strategic partnership with Volkswagen Group and lately, the automaker committed up to USD 5 billion in a bid to take it to the next level of cooperation in their efforts to bring the next generation of electric vehicles and software. Rivian Auto is a 50-50 joint venture with Volkswagen, and with this partnership being a strong financial boost to Rivian and organisational complement to Volkswagen to overcome software problems. Automaker Rivian, popular for making R1S SUVs and R1T pickups benefited from the news, seeing its stocks rise by about 50%, which could well have injected nearly USD 6 billion to the company’s market value. They are planning to bring fresh money needed to enhance Rivian’s upcoming R2 SUVs, and R3 crossovers for a start in early 2026. This will also help cut down on costs through the realisation of economies of scale from operations such as supply chain management, according to CEO RJ Scaringe. In addition, it entailed licensing the intellectual property rights that Rivian possesses and creating software for the R2 SUV to be jointly used at the joint venture. Rivian has reached a significant scale as Volkswagen intends to apply this technology to Audi, Porsche, Lamborghini, and Bentley brands. Also Read: Aston Martin Valiant revealed with 745PS V12, manual transmission This investment could be strategic for Volkswagen since, over the years, it has faced critical software issues within Cariad that affected product development and its overall financial goals. It is for this reason that Volkswagen keeps on aiming at introducing 25 electric vehicle models across its North American brands by 2030 and determinedly stay on the EV market despite the recent shares drop. With relation to financial investment, Volkswagen will initially invest USD 1 billion in Rivian then the additional investments and a loan will also be made over the course of consecutive years based on certain achievement conditions presented by Rivian. This financial support is vital, especially for Rivian, which has faced significant per-vehicle losses but has mitigated the situation better than some of the other EV companies on the market. This relationship does not only introduce prospects of new technology application but also strengthens Volkswagen’s standing in the rival EV market especially in North America where Volkswagen ID4 has recorded low sales. The collaboration between Rivian with its focus on EV SUVs and pickups as well as Volkswagen Group’s manufacturing scale allows both firms to harness the growing world’s demand for greener transportation. In conclusion, the case of Volkswagen-Rivian joint venture constitutes a significant development in the transition of both manufacturers in the EV market sector. They attest to their focus on innovation and sustainability as well as establishing operational and financial milestones by leveraging partnerships and dedicating ample resources.

Volkswagen's investment in Rivian boosts EV maker's shares

On Tuesday, General Motors said Marc Whitten, a technology executive with video game industry background, will step in as CEO of Cruise, its autonomous vehicle unit. Whitten, credited as the mastermind behind the Xbox video game console, joins Cruise at a time when the autonomous vehicle start-up was last involved in a major accident last year in San Francisco.

This is true especially when in October 2023, the Cruise robotaxi ran over a jaywalking pedestrian who had been struck by another car and dragged him on the Asphalt, making safety regulators in California pull the license to operate in San Francisco. Even though the company had received permission to test the driverless service before, authorities in the area and other regulators expressed concerns over its safety and the problems within the function of the autonomous system.

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The consequences of the incident have been grave for General Motors, especially because the company had very high goals for Cruise, with the goal of achieving one billion in revenue per year by 2025. Later the company cut down on its investment on the robotaxi service and this later on led to dismissal of 900 employees. Further, the escaping of Kyle Vogt, the co-founder and the former CEO of Cruise, soon after the occurrence pointed to more troubles to the firm.

Work on Whitten began simultaneously with a significant event for Cruise’s competitor Waymo, which shared on the same day that its driverless cars were opened to anyone in San Francisco, although previously, access to them was lim ited to a vast number of people. Owner-driver Waymo, tested in Phoenix now for a few years without serious accidents, provided a free software update after an accident with a telephone pole.

However, Whitten had positive sentiments to Crusoe with special focus on improving the transport sector safety through the use of Autonomy. About future difficulties, he recognised trials of the further investigations by the US Justice Department and California’s fines for the accident occurred in October 2023.

In his statement, Whitten highlighted the opportunity to contribute to a transformative vision at Cruise, leveraging the company's advanced technology to realise safer transportation alternatives. His background at Amazon and Sonos, in addition to his pivotal role at Xbox, positions Whitten to lead Cruise through its current challenges and toward its long-term goals.

On Tuesday, General Motors said Marc Whitten, a technology executive with video game industry background, will step in as CEO of Cruise, its autonomous vehicle unit.

On Tuesday, General Motors said Marc Whitten, a technology executive with video game industry background, will step in as CEO of Cruise, its autonomous vehicle unit. Whitten, credited as the mastermind behind the Xbox video game console, joins Cruise at a time when the autonomous vehicle start-up was last involved in a major accident last year in San Francisco. This is true especially when in October 2023, the Cruise robotaxi ran over a jaywalking pedestrian who had been struck by another car and dragged him on the Asphalt, making safety regulators in California pull the license to operate in San Francisco. Even though the company had received permission to test the driverless service before, authorities in the area and other regulators expressed concerns over its safety and the problems within the function of the autonomous system. Also Read: 2025 Volkswagen Jetta updated with new look, more features The consequences of the incident have been grave for General Motors, especially because the company had very high goals for Cruise, with the goal of achieving one billion in revenue per year by 2025. Later the company cut down on its investment on the robotaxi service and this later on led to dismissal of 900 employees. Further, the escaping of Kyle Vogt, the co-founder and the former CEO of Cruise, soon after the occurrence pointed to more troubles to the firm. Work on Whitten began simultaneously with a significant event for Cruise’s competitor Waymo, which shared on the same day that its driverless cars were opened to anyone in San Francisco, although previously, access to them was lim ited to a vast number of people. Owner-driver Waymo, tested in Phoenix now for a few years without serious accidents, provided a free software update after an accident with a telephone pole. However, Whitten had positive sentiments to Crusoe with special focus on improving the transport sector safety through the use of Autonomy. About future difficulties, he recognised trials of the further investigations by the US Justice Department and California’s fines for the accident occurred in October 2023. In his statement, Whitten highlighted the opportunity to contribute to a transformative vision at Cruise, leveraging the company's advanced technology to realise safer transportation alternatives. His background at Amazon and Sonos, in addition to his pivotal role at Xbox, positions Whitten to lead Cruise through its current challenges and toward its long-term goals.

General Motors appoints new CEO to steer troubled Cruise robotaxi unit

Canada is contemplating imposing tariffs on electric vehicles (EVs) manufactured in China, aligning itself with international allies concerned about a heavily subsidised Chinese industry. This move comes amid rising global tensions over trade practices and competitive fairness in the EV sector.

Finance Minister Chrystia Freeland announced the potential tariffs, citing unfair competition due to China's "state-directed policy of overcapacity." Speaking in Vaughan, Ontario, Freeland said that Chinese producers are creating a global oversupply of EVs, undermining manufacturers worldwide, including in Canada.

"Chinese producers are intentionally generating a global oversupply that undermines EV producers around the world, including here in Canada," Freeland stated, echoing sentiments previously voiced by the United States and the European Union.

Public consultation period

To address these concerns, Ottawa will initiate a 30-day public consultation period starting July 2. This period will allow stakeholders to provide input on potential responses, including tariffs on EV imports from China. Freeland hinted at possible tariffs on EV components, such as batteries, but did not detail specific measures.

"We're not ruling anything out," Freeland emphasised. "We are bringing to bear our strongest trade action tools."

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International context

The consideration of tariffs follows similar actions by international partners. Last month, U.S. President Joe Biden announced significant tariff increases on Chinese imports, including EVs. The European Commission has also planned additional duties of up to 38.1% on Chinese manufacturers such as BYD, Geely, and SAIC, as well as Chinese-built Tesla and BMW cars.

China, however, has dismissed accusations of unfair subsidies and overcapacity. Chinese officials argue that their EV industry's growth is driven by technological, market, and supply chain advantages.

Chinese response

Ahead of Freeland's announcement, an opinion piece in the Chinese state-backed Global Times urged Canada to remain "strategically rational" and not "sacrifice normal economic exchanges with China for the sake of Washington's strategic selfishness." This statement reflects China's stance on maintaining robust trade relations despite rising tensions.

Economic impact

China is Canada's second-largest trading partner, following the United States. In 2023, data from Canada's largest port in Vancouver showed a 460% annual increase in automobile imports from China, driven by shipments of Shanghai-made Tesla EVs to Canada.

Domestic pressures

Domestically, there is significant pressure on the Canadian government to act. Ontario Premier Doug Ford recently called for tariffs of at least 100% on Chinese EVs. Ontario, as Canada's most populous province and primary auto-making hub, has a vested interest in protecting its automotive industry.

Canada has made substantial investments to position itself as a critical player in the global EV supply chain. These efforts include multi-billion dollar deals to attract companies across the EV supply chain, aiming to bolster the manufacturing heartland.

Industry reactions

Industry leaders and bodies have largely welcomed the potential tariffs. Hugues Jacquemin, CEO of Northern Graphite, suggested that any action should also encompass critical minerals essential for battery production. The main opposition Conservative party has criticised Prime Minister Justin Trudeau for not adequately protecting the auto industry, urging Ottawa to prevent the dumping of cheap Chinese products.

The Global Automakers of Canada and the Canadian Vehicle Manufacturers' Association have expressed support for the government's stance, recognising the need to address competitive imbalances in the EV market.

As Canada navigates its position within the global EV market, the potential imposition of tariffs on Chinese electric vehicles reflects broader concerns about fair competition and industry sustainability. The outcome of the public consultation period will be crucial in determining Canada's next steps in this evolving economic landscape.

(Inputs from Reuters)

Canada is contemplating imposing tariffs on electric vehicles (EVs) manufactured in China, aligning itself with international allies concerned about a heavily subsidised Chinese industry.

Canada is contemplating imposing tariffs on electric vehicles (EVs) manufactured in China, aligning itself with international allies concerned about a heavily subsidised Chinese industry. This move comes amid rising global tensions over trade practices and competitive fairness in the EV sector. Finance Minister Chrystia Freeland announced the potential tariffs, citing unfair competition due to China's "state-directed policy of overcapacity." Speaking in Vaughan, Ontario, Freeland said that Chinese producers are creating a global oversupply of EVs, undermining manufacturers worldwide, including in Canada. "Chinese producers are intentionally generating a global oversupply that undermines EV producers around the world, including here in Canada," Freeland stated, echoing sentiments previously voiced by the United States and the European Union. Public consultation period To address these concerns, Ottawa will initiate a 30-day public consultation period starting July 2. This period will allow stakeholders to provide input on potential responses, including tariffs on EV imports from China. Freeland hinted at possible tariffs on EV components, such as batteries, but did not detail specific measures. "We're not ruling anything out," Freeland emphasised. "We are bringing to bear our strongest trade action tools." Also read: U.S. court dismisses racial discrimination case against Uber International context The consideration of tariffs follows similar actions by international partners. Last month, U.S. President Joe Biden announced significant tariff increases on Chinese imports, including EVs. The European Commission has also planned additional duties of up to 38.1% on Chinese manufacturers such as BYD, Geely, and SAIC, as well as Chinese-built Tesla and BMW cars. China, however, has dismissed accusations of unfair subsidies and overcapacity. Chinese officials argue that their EV industry's growth is driven by technological, market, and supply chain advantages. Chinese response Ahead of Freeland's announcement, an opinion piece in the Chinese state-backed Global Times urged Canada to remain "strategically rational" and not "sacrifice normal economic exchanges with China for the sake of Washington's strategic selfishness." This statement reflects China's stance on maintaining robust trade relations despite rising tensions. Economic impact China is Canada's second-largest trading partner, following the United States. In 2023, data from Canada's largest port in Vancouver showed a 460% annual increase in automobile imports from China, driven by shipments of Shanghai-made Tesla EVs to Canada. Domestic pressures Domestically, there is significant pressure on the Canadian government to act. Ontario Premier Doug Ford recently called for tariffs of at least 100% on Chinese EVs. Ontario, as Canada's most populous province and primary auto-making hub, has a vested interest in protecting its automotive industry. Canada has made substantial investments to position itself as a critical player in the global EV supply chain. These efforts include multi-billion dollar deals to attract companies across the EV supply chain, aiming to bolster the manufacturing heartland. Industry reactions Industry leaders and bodies have largely welcomed the potential tariffs. Hugues Jacquemin, CEO of Northern Graphite, suggested that any action should also encompass critical minerals essential for battery production. The main opposition Conservative party has criticised Prime Minister Justin Trudeau for not adequately protecting the auto industry, urging Ottawa to prevent the dumping of cheap Chinese products. The Global Automakers of Canada and the Canadian Vehicle Manufacturers' Association have expressed support for the government's stance, recognising the need to address competitive imbalances in the EV market. As Canada navigates its position within the global EV market, the potential imposition of tariffs on Chinese electric vehicles reflects broader concerns about fair competition and industry sustainability. The outcome of the public consultation period will be crucial in determining Canada's next steps in this evolving economic landscape. (Inputs from Reuters)

Canada considers tariffs on Chinese EVs amid global concerns

A U.S. appeals court has dismissed a proposed class action lawsuit that claimed Uber Technologies' policy of terminating drivers with low passenger ratings is racially discriminatory. The San Francisco-based 9th U.S. Circuit Court of Appeals ruled on Monday that the plaintiff, Thomas Liu, failed to provide evidence showing that Uber deactivated non-white drivers at a higher rate than white drivers with low ratings.

Thomas Liu, an Asian-American driver, filed the lawsuit in 2020, alleging that Uber's rating system is biased against non-white drivers. However, the three-judge panel of the 9th Circuit found that Liu did not present any concrete evidence to support his claim of racial disparity. The panel stated that Liu's arguments were speculative and lacked the necessary backing to proceed to discovery, where plaintiffs can request documents and testimony from defendants.

Plaintiff's argument and court's response

Liu's lawyers argued that statistical evidence to support their claims would become available only if the case moved forward to discovery. They asserted that passengers are more likely to give poor ratings to non-white drivers, leading to their deactivation under Uber's policy. However, the court found Liu's evidence insufficient. U.S. District Judge Vince Chhabria in San Francisco had previously dismissed the case in 2022, stating there was no plausible statistical disparity among drivers of different races. He criticised a survey conducted by Liu's lawyers, suggesting it was flawed and did not accurately represent the racial composition of Uber drivers.

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Reaction from Liu's legal team

Shannon Liss-Riordan, Liu's lawyer, expressed disappointment with the ruling and indicated that they might request the court to reconsider. "We are deeply disappointed and concerned about the ruling," Liss-Riordan said. She emphasized the need for a fair assessment of the claims and suggested that the decision failed to acknowledge potential biases in customer ratings.

Uber's rating system under scrutiny

Uber's system asks passengers to rate drivers on a scale of one to five. Drivers who fail to maintain high scores risk deactivation. Liu's lawsuit claimed that this system disproportionately affects non-white drivers, violating Title VII of the Civil Rights Act of 1964 and California's anti-discrimination laws. Liu was deactivated after his rating fell below 4.6, which he attributed to racial bias from passengers.

Support from the U.S. Equal Employment Opportunity Commission

The U.S. Equal Employment Opportunity Commission (EEOC) supported Liu's case, filing a friend-of-the-court brief. The EEOC cited research indicating that customer ratings are likely influenced by bias, particularly for gig economy workers like Uber drivers. The commission argued that Liu's claims, combined with his lawyers' survey, established a plausible case of discrimination.

Implications and analysis

The court's dismissal highlights the challenges of proving systemic discrimination within platforms reliant on customer ratings. The decision underscores the difficulty plaintiffs face in presenting concrete statistical evidence without access to internal data from companies like Uber. The ruling also raises questions about the effectiveness and fairness of customer rating systems in the gig economy.

Future steps and considerations

While the court's decision represents a setback for Liu and his legal team, it does not close the door on future challenges to Uber's policies. The case could set a precedent for how similar claims are evaluated, particularly regarding the burden of proof required to demonstrate discrimination. It also highlights the ongoing debate about the role of customer feedback in employment decisions and the potential biases inherent in such systems.

As Uber continues to rely on customer ratings to manage its driver workforce, scrutiny of these practices is likely to persist. The case serves as a reminder of the importance of addressing potential biases to ensure fair treatment for all workers in the gig economy.

(Inputs from Reuters)

A U.S. appeals court has dismissed a proposed class action lawsuit that claimed Uber Technologies' policy of terminating drivers with low passenger ratings is racially discriminatory.

A U.S. appeals court has dismissed a proposed class action lawsuit that claimed Uber Technologies' policy of terminating drivers with low passenger ratings is racially discriminatory. The San Francisco-based 9th U.S. Circuit Court of Appeals ruled on Monday that the plaintiff, Thomas Liu, failed to provide evidence showing that Uber deactivated non-white drivers at a higher rate than white drivers with low ratings. Thomas Liu, an Asian-American driver, filed the lawsuit in 2020, alleging that Uber's rating system is biased against non-white drivers. However, the three-judge panel of the 9th Circuit found that Liu did not present any concrete evidence to support his claim of racial disparity. The panel stated that Liu's arguments were speculative and lacked the necessary backing to proceed to discovery, where plaintiffs can request documents and testimony from defendants. Plaintiff's argument and court's response Liu's lawyers argued that statistical evidence to support their claims would become available only if the case moved forward to discovery. They asserted that passengers are more likely to give poor ratings to non-white drivers, leading to their deactivation under Uber's policy. However, the court found Liu's evidence insufficient. U.S. District Judge Vince Chhabria in San Francisco had previously dismissed the case in 2022, stating there was no plausible statistical disparity among drivers of different races. He criticised a survey conducted by Liu's lawyers, suggesting it was flawed and did not accurately represent the racial composition of Uber drivers. Also read: Rivian's strategic cost cuts aim for profitability Reaction from Liu's legal team Shannon Liss-Riordan, Liu's lawyer, expressed disappointment with the ruling and indicated that they might request the court to reconsider. "We are deeply disappointed and concerned about the ruling," Liss-Riordan said. She emphasized the need for a fair assessment of the claims and suggested that the decision failed to acknowledge potential biases in customer ratings. Uber's rating system under scrutiny Uber's system asks passengers to rate drivers on a scale of one to five. Drivers who fail to maintain high scores risk deactivation. Liu's lawsuit claimed that this system disproportionately affects non-white drivers, violating Title VII of the Civil Rights Act of 1964 and California's anti-discrimination laws. Liu was deactivated after his rating fell below 4.6, which he attributed to racial bias from passengers. Support from the U.S. Equal Employment Opportunity Commission The U.S. Equal Employment Opportunity Commission (EEOC) supported Liu's case, filing a friend-of-the-court brief. The EEOC cited research indicating that customer ratings are likely influenced by bias, particularly for gig economy workers like Uber drivers. The commission argued that Liu's claims, combined with his lawyers' survey, established a plausible case of discrimination. Implications and analysis The court's dismissal highlights the challenges of proving systemic discrimination within platforms reliant on customer ratings. The decision underscores the difficulty plaintiffs face in presenting concrete statistical evidence without access to internal data from companies like Uber. The ruling also raises questions about the effectiveness and fairness of customer rating systems in the gig economy. Future steps and considerations While the court's decision represents a setback for Liu and his legal team, it does not close the door on future challenges to Uber's policies. The case could set a precedent for how similar claims are evaluated, particularly regarding the burden of proof required to demonstrate discrimination. It also highlights the ongoing debate about the role of customer feedback in employment decisions and the potential biases inherent in such systems. As Uber continues to rely on customer ratings to manage its driver workforce, scrutiny of these practices is likely to persist. The case serves as a reminder of the importance of addressing potential biases to ensure fair treatment for all workers in the gig economy. (Inputs from Reuters)

U.S. court dismisses racial discrimination case against Uber

Electric vehicle (EV) manufacturer Rivian has undertaken extensive measures to cut costs and push towards profitability. These efforts include removing over 100 steps from the battery-making process, eliminating 52 pieces of equipment from the body shop, and reducing over 500 parts from the design of its flagship SUVs and pickups.

These changes have resulted in a 35% reduction in material costs for its vans and significant savings for other vehicle lines, according to Rivian CEO RJ Scaringe. "The design of the parts and the design of the plant facilitate making the vehicle easier to build," Scaringe noted during a factory tour in Normal, Illinois.

Enhancing efficiency

Rivian's factory retooling has led to substantial cost reductions. The company reports an overall improvement in the cost of building its EVs. These savings come at a crucial time as high interest rates have dampened demand for EVs, which are generally more expensive than their gasoline-powered counterparts. Rivian has not yet achieved a quarterly net profit since its founding in 2009 and reported a loss of $1.5 billion in the first quarter of this year.

Scaringe highlighted the impact of these changes, particularly following a January shutdown of the van line. "We did a similar process of really going through and redesigning a number of components for cost, so we took over 35% of the material cost out of the vans," he said. Rivian's vans, built primarily for major shareholder Amazon, account for about one-fifth of the company's revenue.

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Facing market challenges

The EV market leader, Tesla, has been cutting prices, while some smaller EV manufacturers, such as Fisker, have filed for bankruptcy. Rivian, although on more stable financial ground, still loses nearly $39,000 on every vehicle. The company is banking on cost savings to achieve gross profitability this year.

In addition to simplified assembly and reduced equipment at the plant, Rivian has implemented changes for the second generation of its R1 vehicles. These include company-built drive units, upgraded software, and new battery packs. The redesigned battery modules are now easier to assemble, featuring a single-piece construction instead of separate walls and floors.

These improvements have reduced labour time and increased the assembly rate on the manufacturing line by about 30%. "All of that together leads to us being able to get to our path to profitability and be gross-margin positive," said Tim Fallon, vice president of manufacturing.

Investor concerns and future plans

Despite these efforts, investor concerns persist. The recent plant shutdown has led Rivian to target production of 57,000 vehicles, nearly the same as last year. This has caused shares in the company to halve this year. Additionally, cash and short-term investments fell by about $1.5 billion in the first quarter to just under $8 billion.

Rivian has assured investors that it has enough capital to launch its less expensive and smaller R2 SUVs in early 2026. Sam Fiorani, vice president at research firm AutoForecast Solutions, noted that reducing the cost per vehicle gives Rivian some breathing room. "Focusing on where the cost savings are is extremely important to the longevity of the company and to calming the fears of any investors," he said.

To expedite R2 deliveries, Rivian announced in March that it would produce its $45,000 five-seat SUV at its Illinois plant, which will be expanded, instead of at a planned $5-billion plant in Georgia. This move is expected to save $2 billion. The R2 will account for 155,000 vehicles per year of the increased capacity of 215,000 in Normal. The factory currently has a capacity of 150,000 vehicles.

"We've really been able to understand what we need to do to continue to move forward and really be smarter about what we're doing," Fallon added.

Rivian's strategic cost-cutting measures and production enhancements are crucial steps towards achieving profitability. As the company navigates financial challenges and market competition, these efforts aim to solidify its position in the growing EV market.

(Inputs from Reuters)

Electric vehicle (EV) manufacturer Rivian has undertaken extensive measures to cut costs and push towards profitability. These efforts include removing over 100 steps from the battery-making process, eliminating 52 pieces of equipment from the body shop, and reducing over 500 parts from the design of its flagship SUVs and pickups.

Electric vehicle (EV) manufacturer Rivian has undertaken extensive measures to cut costs and push towards profitability. These efforts include removing over 100 steps from the battery-making process, eliminating 52 pieces of equipment from the body shop, and reducing over 500 parts from the design of its flagship SUVs and pickups. These changes have resulted in a 35% reduction in material costs for its vans and significant savings for other vehicle lines, according to Rivian CEO RJ Scaringe. "The design of the parts and the design of the plant facilitate making the vehicle easier to build," Scaringe noted during a factory tour in Normal, Illinois. Enhancing efficiency Rivian's factory retooling has led to substantial cost reductions. The company reports an overall improvement in the cost of building its EVs. These savings come at a crucial time as high interest rates have dampened demand for EVs, which are generally more expensive than their gasoline-powered counterparts. Rivian has not yet achieved a quarterly net profit since its founding in 2009 and reported a loss of $1.5 billion in the first quarter of this year. Scaringe highlighted the impact of these changes, particularly following a January shutdown of the van line. "We did a similar process of really going through and redesigning a number of components for cost, so we took over 35% of the material cost out of the vans," he said. Rivian's vans, built primarily for major shareholder Amazon, account for about one-fifth of the company's revenue. Also read: BIS introduces new standards to enhance EV safety in India Facing market challenges The EV market leader, Tesla, has been cutting prices, while some smaller EV manufacturers, such as Fisker, have filed for bankruptcy. Rivian, although on more stable financial ground, still loses nearly $39,000 on every vehicle. The company is banking on cost savings to achieve gross profitability this year. In addition to simplified assembly and reduced equipment at the plant, Rivian has implemented changes for the second generation of its R1 vehicles. These include company-built drive units, upgraded software, and new battery packs. The redesigned battery modules are now easier to assemble, featuring a single-piece construction instead of separate walls and floors. These improvements have reduced labour time and increased the assembly rate on the manufacturing line by about 30%. "All of that together leads to us being able to get to our path to profitability and be gross-margin positive," said Tim Fallon, vice president of manufacturing. Investor concerns and future plans Despite these efforts, investor concerns persist. The recent plant shutdown has led Rivian to target production of 57,000 vehicles, nearly the same as last year. This has caused shares in the company to halve this year. Additionally, cash and short-term investments fell by about $1.5 billion in the first quarter to just under $8 billion. Rivian has assured investors that it has enough capital to launch its less expensive and smaller R2 SUVs in early 2026. Sam Fiorani, vice president at research firm AutoForecast Solutions, noted that reducing the cost per vehicle gives Rivian some breathing room. "Focusing on where the cost savings are is extremely important to the longevity of the company and to calming the fears of any investors," he said. To expedite R2 deliveries, Rivian announced in March that it would produce its $45,000 five-seat SUV at its Illinois plant, which will be expanded, instead of at a planned $5-billion plant in Georgia. This move is expected to save $2 billion. The R2 will account for 155,000 vehicles per year of the increased capacity of 215,000 in Normal. The factory currently has a capacity of 150,000 vehicles. "We've really been able to understand what we need to do to continue to move forward and really be smarter about what we're doing," Fallon added. Rivian's strategic cost-cutting measures and production enhancements are crucial steps towards achieving profitability. As the company navigates financial challenges and market competition, these efforts aim to solidify its position in the growing EV market. (Inputs from Reuters)

Rivian's strategic cost cuts aim for profitability

China's potential retaliatory tariffs in response to the European Commission's proposed duties of up to 38.1% on Chinese-made electric vehicles pose a significant risk to European car manufacturers. Industry executives are voicing concerns over the possible countermeasures, which could further strain their competitiveness in China amidst growing domestic competition in the EV market.

German carmakers are particularly exposed, with trade data revealing that nearly a third of their 2023 sales were from China. While most vehicles sold in China are produced locally, high-end models are often imported from Germany.&nbsp;

Porsche, majority-owned by Volkswagen, is especially vulnerable since it imports all cars sold in China, accounting for 25% of its global sales. Data from the autos association VDA indicates that less than 5% of the 4.8 million vehicles delivered by Volkswagen, Porsche, BMW, and Mercedes-Benz to Chinese customers in 2023 were exports. Reports suggest that counter-tariffs might target cars with engines of 2.5 liters or larger, impacting around 1% of VW sales, 2% for BMW, 4% for Mercedes, and 17% for Porsche, according to Stifel Research. Given the high profit margins on these models, Stifel estimates the potential hit to German carmakers' operating profits could range from 4-10%.

Deliveries in China fell by 15% to 79,283 vehicles last year, with a further 24% drop in the first quarter of 2024, partly due to China's economic challenges. In response, Porsche is building a research and development center in Shanghai and introduced a customised Taycan model for the Chinese market at the Beijing auto show.

Volkswagen

Volkswagen has the least exposure to counter-tariffs, with only 2.5% of its cars sold in China being German-made, according to its full-year report. However, with aspirations to maintain and increase its market share from 14.5% to 15% against stiff local competition, any retaliatory actions could significantly impact the company. Volkswagen Group China, including Porsche and its joint ventures, sold over 3.2 million cars in 2023, with 3.06 million produced locally. Audi, Volkswagen’s premium brand, has a slightly higher import rate, with over 8% of its vehicles in China being imports.

Mercedes-Benz

China is Mercedes-Benz's largest market, accounting for around 36% of its unit sales, totaling just over 737,000 in 2023. Over 80% of these cars were locally produced, with the remainder imported. The GLE SUV and S-Class sedans are among the top three imported cars in China, along with the Porsche Cayenne, as per China Merchants Bank International data. Mercedes-Benz imports luxury models like the S-Class, GLC, G-Class, and Maybach from Europe and the USA to China, while smaller models like the A-Class, E-Class, and C-Class are built locally.

BMW

BMW derives nearly a third of its vehicle sales from China, totaling just over 826,000 units, with about 13% being imports, according to its annual report. Imported models include the i4, 7 Series, and 5 Series. The highly anticipated 'Neue Klasse' will be produced locally starting in 2026. BMW's Chinese-made cars are produced through joint ventures with Brilliance Automotive, in which it holds a 75% stake, and Great Wall Motor Co. These JVs also produce vehicles for export to Europe, such as the iX3 and an electric Mini, which will be subject to the European Commission's tariffs.

Other European Automakers

Volvo Car, majority-owned by China's Geely, generates 25% of its unit sales in China but only around 10% of its profits, according to HSBC analysts. Imported vehicles comprise about 4% of Volvo's Chinese sales, with the rest produced locally.

Stellantis has minimal exposure to the Chinese market, aside from a recent investment in Chinese EV maker Leapmotor, planning to export two EV models from China by year-end. All of Ferrari's sales in China are imports, representing just 9% of global sales, with growth primarily in the US. Ferrari, owned by Stellantis, could leverage its pricing power to offset tariffs.

Renault also has low exposure to China, operating through joint ventures with Jiangling Motors and Brilliance Auto, and a market share of roughly 3%. Its Dacia Spring EV is manufactured in China by Dongfeng. In May, Renault and Geely announced a joint venture to develop combustion and hybrid engines. 
 
(with inputs from Reuters)

China's potential retaliatory tariffs in response to the European Commission's proposed duties of up to 38.1% on Chinese-made electric vehicles pose a significant risk to European car manufacturers.

China's potential retaliatory tariffs in response to the European Commission's proposed duties of up to 38.1% on Chinese-made electric vehicles pose a significant risk to European car manufacturers. Industry executives are voicing concerns over the possible countermeasures, which could further strain their competitiveness in China amidst growing domestic competition in the EV market. German carmakers are particularly exposed, with trade data revealing that nearly a third of their 2023 sales were from China. While most vehicles sold in China are produced locally, high-end models are often imported from Germany. Porsche, majority-owned by Volkswagen, is especially vulnerable since it imports all cars sold in China, accounting for 25% of its global sales. Data from the autos association VDA indicates that less than 5% of the 4.8 million vehicles delivered by Volkswagen, Porsche, BMW, and Mercedes-Benz to Chinese customers in 2023 were exports. Reports suggest that counter-tariffs might target cars with engines of 2.5 liters or larger, impacting around 1% of VW sales, 2% for BMW, 4% for Mercedes, and 17% for Porsche, according to Stifel Research. Given the high profit margins on these models, Stifel estimates the potential hit to German carmakers' operating profits could range from 4-10%. Deliveries in China fell by 15% to 79,283 vehicles last year, with a further 24% drop in the first quarter of 2024, partly due to China's economic challenges. In response, Porsche is building a research and development center in Shanghai and introduced a customised Taycan model for the Chinese market at the Beijing auto show. Volkswagen Volkswagen has the least exposure to counter-tariffs, with only 2.5% of its cars sold in China being German-made, according to its full-year report. However, with aspirations to maintain and increase its market share from 14.5% to 15% against stiff local competition, any retaliatory actions could significantly impact the company. Volkswagen Group China, including Porsche and its joint ventures, sold over 3.2 million cars in 2023, with 3.06 million produced locally. Audi, Volkswagen’s premium brand, has a slightly higher import rate, with over 8% of its vehicles in China being imports. Mercedes-Benz China is Mercedes-Benz's largest market, accounting for around 36% of its unit sales, totaling just over 737,000 in 2023. Over 80% of these cars were locally produced, with the remainder imported. The GLE SUV and S-Class sedans are among the top three imported cars in China, along with the Porsche Cayenne, as per China Merchants Bank International data. Mercedes-Benz imports luxury models like the S-Class, GLC, G-Class, and Maybach from Europe and the USA to China, while smaller models like the A-Class, E-Class, and C-Class are built locally. BMW BMW derives nearly a third of its vehicle sales from China, totaling just over 826,000 units, with about 13% being imports, according to its annual report. Imported models include the i4, 7 Series, and 5 Series. The highly anticipated 'Neue Klasse' will be produced locally starting in 2026. BMW's Chinese-made cars are produced through joint ventures with Brilliance Automotive, in which it holds a 75% stake, and Great Wall Motor Co. These JVs also produce vehicles for export to Europe, such as the iX3 and an electric Mini, which will be subject to the European Commission's tariffs. Other European Automakers Volvo Car, majority-owned by China's Geely, generates 25% of its unit sales in China but only around 10% of its profits, according to HSBC analysts. Imported vehicles comprise about 4% of Volvo's Chinese sales, with the rest produced locally. Stellantis has minimal exposure to the Chinese market, aside from a recent investment in Chinese EV maker Leapmotor, planning to export two EV models from China by year-end. All of Ferrari's sales in China are imports, representing just 9% of global sales, with growth primarily in the US. Ferrari, owned by Stellantis, could leverage its pricing power to offset tariffs. Renault also has low exposure to China, operating through joint ventures with Jiangling Motors and Brilliance Auto, and a market share of roughly 3%. Its Dacia Spring EV is manufactured in China by Dongfeng. In May, Renault and Geely announced a joint venture to develop combustion and hybrid engines. (with inputs from Reuters)

German carmakers most exposed to Chinese counter-tariffs

In a significant move to enhance the safety of electric vehicles (EVs) in India, the Bureau of Indian Standards (BIS) has introduced two new standards: IS 18590: 2024 and IS 18606: 2024. These standards aim to address the safety concerns associated with the powertrains and batteries of electric vehicles across various categories.

Focus on powertrain and battery safety

The newly introduced standards are tailored to ensure that the critical components of EVs, particularly the powertrain, adhere to stringent safety requirements. IS 18590: 2024 pertains to the L category of EVs, which includes vehicles with four wheels or less. On the other hand, IS 18606: 2024 is designed for the M and N categories, which encompass vehicles with at least four wheels used for transporting passengers and goods.

These standards not only emphasise the safety of the powertrain but also ensure that the batteries used in these vehicles are both powerful and secure. The introduction of these regulations is a part of BIS’s broader effort to create a comprehensive framework for EV safety in India.

Also read:&nbsp;<a href="https://www.wionews.com/autonews/beijing-pushes-eu-to-scrap-preliminary-ev-tariffs-by-july-4-734517">Beijing pushes EU to scrap preliminary EV tariffs by July 4</a>

Impact on different categories of EVs

The new standards cover a wide range of EVs. The L category includes vehicles like e-rickshaws and e-karts, which are gaining popularity across India due to their affordability and eco-friendliness. The M and N categories include passenger vehicles and goods carriers, respectively. With these new additions, BIS now has a total of 30 standards dedicated to EVs and their accessories, including charging systems.

Comprehensive safety for e-rickshaws and e-karts

Recognising the growing popularity of e-rickshaws and e-karts, BIS has also introduced IS 18294: 2023. This standard specifically addresses the safety requirements of these vehicles, covering various aspects from construction to functionality. By setting these standards, BIS aims to ensure the safety of both drivers and passengers, thereby promoting the adoption of these eco-friendly vehicles.

BIS's vision for a sustainable transportation system

In a statement issued on June 22, 2024, BIS emphasised the importance of these standards in driving the transition to a more sustainable, environmentally friendly, and efficient transportation system in the country. "The shift to electric mobility extends beyond cars and trucks. E-rickshaws and e-karts are gaining popularity across India. To address this, BIS has introduced IS 18294: 2023, which establishes safety standards specifically for these vehicles. These standards cover various aspects, from construction to functionality, ensuring the safety of both drivers and passengers," stated BIS.

Ensuring quality and safety in EV adoption

The introduction of these standards is a crucial step towards ensuring that the adoption of EVs in India is not only widespread but also safe. By setting stringent safety requirements for the powertrain and batteries of EVs, BIS aims to mitigate the risks associated with these vehicles, thereby boosting consumer confidence in this emerging technology.

Encouraging industry compliance

For manufacturers, complying with these standards will be essential to ensure that their vehicles are deemed safe and reliable. This move is expected to encourage innovation and quality improvements within the industry, as manufacturers strive to meet these new safety requirements. By doing so, they will be able to offer safer and more efficient vehicles to the consumers, thereby contributing to the overall growth of the EV market in India.

The BIS's introduction of IS 18590: 2024 and IS 18606: 2024 marks a significant milestone in the journey towards safer electric vehicles in India. These standards are poised to play a pivotal role in ensuring that the transition to electric mobility is smooth, safe, and sustainable. By focusing on the safety of the powertrain and batteries, and extending these standards to popular vehicles like e-rickshaws and e-karts, BIS is laying the groundwork for a robust and secure EV ecosystem in India.

(Inputs from Reuters)

In a significant move to enhance the safety of electric vehicles (EVs) in India, the Bureau of Indian Standards (BIS) has introduced two new standards: IS 18590: 2024 and IS 18606: 2024.

In a significant move to enhance the safety of electric vehicles (EVs) in India, the Bureau of Indian Standards (BIS) has introduced two new standards: IS 18590: 2024 and IS 18606: 2024. These standards aim to address the safety concerns associated with the powertrains and batteries of electric vehicles across various categories. Focus on powertrain and battery safety The newly introduced standards are tailored to ensure that the critical components of EVs, particularly the powertrain, adhere to stringent safety requirements. IS 18590: 2024 pertains to the L category of EVs, which includes vehicles with four wheels or less. On the other hand, IS 18606: 2024 is designed for the M and N categories, which encompass vehicles with at least four wheels used for transporting passengers and goods. These standards not only emphasise the safety of the powertrain but also ensure that the batteries used in these vehicles are both powerful and secure. The introduction of these regulations is a part of BIS’s broader effort to create a comprehensive framework for EV safety in India. Also read: Beijing pushes EU to scrap preliminary EV tariffs by July 4 Impact on different categories of EVs The new standards cover a wide range of EVs. The L category includes vehicles like e-rickshaws and e-karts, which are gaining popularity across India due to their affordability and eco-friendliness. The M and N categories include passenger vehicles and goods carriers, respectively. With these new additions, BIS now has a total of 30 standards dedicated to EVs and their accessories, including charging systems. Comprehensive safety for e-rickshaws and e-karts Recognising the growing popularity of e-rickshaws and e-karts, BIS has also introduced IS 18294: 2023. This standard specifically addresses the safety requirements of these vehicles, covering various aspects from construction to functionality. By setting these standards, BIS aims to ensure the safety of both drivers and passengers, thereby promoting the adoption of these eco-friendly vehicles. BIS's vision for a sustainable transportation system In a statement issued on June 22, 2024, BIS emphasised the importance of these standards in driving the transition to a more sustainable, environmentally friendly, and efficient transportation system in the country. "The shift to electric mobility extends beyond cars and trucks. E-rickshaws and e-karts are gaining popularity across India. To address this, BIS has introduced IS 18294: 2023, which establishes safety standards specifically for these vehicles. These standards cover various aspects, from construction to functionality, ensuring the safety of both drivers and passengers," stated BIS. Ensuring quality and safety in EV adoption The introduction of these standards is a crucial step towards ensuring that the adoption of EVs in India is not only widespread but also safe. By setting stringent safety requirements for the powertrain and batteries of EVs, BIS aims to mitigate the risks associated with these vehicles, thereby boosting consumer confidence in this emerging technology. Encouraging industry compliance For manufacturers, complying with these standards will be essential to ensure that their vehicles are deemed safe and reliable. This move is expected to encourage innovation and quality improvements within the industry, as manufacturers strive to meet these new safety requirements. By doing so, they will be able to offer safer and more efficient vehicles to the consumers, thereby contributing to the overall growth of the EV market in India. The BIS's introduction of IS 18590: 2024 and IS 18606: 2024 marks a significant milestone in the journey towards safer electric vehicles in India. These standards are poised to play a pivotal role in ensuring that the transition to electric mobility is smooth, safe, and sustainable. By focusing on the safety of the powertrain and batteries, and extending these standards to popular vehicles like e-rickshaws and e-karts, BIS is laying the groundwork for a robust and secure EV ecosystem in India. (Inputs from Reuters)

BIS introduces new standards to enhance EV safety in India

Electric vehicle startup Fisker is on the brink of liquidation, as attorneys previewed a battle between creditor factions over payment priorities in a U.S. bankruptcy court on Friday. The court hearing in Wilmington, Delaware, revealed the financial and operational struggles that led Fisker to this critical juncture.

Background on Fisker's bankruptcy filing

Fisker filed for bankruptcy protection on Monday after exhausting its cash reserves while trying to ramp up production of its Ocean SUVs. Initially, the company aimed to secure additional financing to sustain "reduced operations," but Fisker's attorney, Brian Resnick, stated in court that the company does not anticipate obtaining the necessary funds.

Resnick informed U.S. Bankruptcy Judge Thomas Horan that Fisker plans to liquidate its assets. The company has tentatively agreed to sell its 4,300 vehicles to a single buyer, marking a significant step towards its winding down.

Also read:&nbsp;<a href="https://www.wionews.com/autonews/honda-faces-labour-law-violation-charges-at-indiana-plant-733723">Honda faces labour law violation charges at Indiana plant</a>

Financial troubles and creditor disputes

Founded by automotive designer Henrik Fisker, the California-based company never achieved profitability. In 2023, Fisker reported $273 million in revenue but incurred a net loss of $940 million. The company owes over $850 million to two groups of bondholders, leading to a contentious dispute in court.

Attorneys for the larger group of bondholders accused a minority faction led by Heights Capital Management of taking control of Fisker's debt through a questionable transaction in November. At that time, Fisker had failed to provide audited financial statements required by its debt agreements. Heights Capital seized this opportunity to claim all of Fisker's assets as collateral for its bonds.

"They basically handed the whole business over to Heights," said Alex Lees, an attorney for the larger group of bondholders. Lees argued that Fisker should have filed for bankruptcy in November, asserting that the company has been liquidating assets outside of the court's supervision to benefit a single creditor.

Heights Capital Management's position

Heights' attorney, Scott Greissman, rejected Lees' accusations, describing them as "outrageous." He asserted that Heights had tried to help Fisker survive through its challenging period. "There may be a lot of disappointed creditors, but none more than Heights," Greissman said, noting that the expected sale of Fisker's fleet would cover only a fraction of Heights' $185 million debt.

Potential conversion to Chapter 7 liquidation

Linda Richenderfer, representing the U.S. Department of Justice's bankruptcy watchdog, indicated that Heights Capital holds all the leverage in the situation. She suggested that Fisker's bankruptcy might convert to a straightforward Chapter 7 liquidation once the vehicle fleet is sold. "Heights is getting everything it wants," Richenderfer noted, adding that Heights has no incentive to agree to further concessions.

Failed partnership and industry challenges

Fisker's fate was effectively sealed in March when it failed to secure a partnership with a major vehicle manufacturer, reportedly Nissan. This failure prompted Fisker to halt production and lay off staff to conserve cash. Resnick highlighted these steps as necessary measures amid the company's dire financial situation.

The hyper-competitive electric vehicle market has been challenging for many startups. Companies such as Proterra, Lordstown Motors, and Electric Last Mile Solutions have also filed for bankruptcy in the past two years. These firms have struggled with weakening demand, difficulties in raising funds, and operational challenges exacerbated by global supply chain issues.

Fisker's liquidation marks another casualty in the turbulent EV sector. The legal battle between its creditors underscores the complexities involved in the bankruptcy process. As Fisker prepares to liquidate its assets, the broader implications for the EV industry highlight the financial and operational hurdles that many startups face in this rapidly evolving market.

(Inputs from Reuters)

Electric vehicle startup Fisker is on the brink of liquidation, as attorneys previewed a battle between creditor factions over payment priorities in a U.S. bankruptcy court on Friday.

Electric vehicle startup Fisker is on the brink of liquidation, as attorneys previewed a battle between creditor factions over payment priorities in a U.S. bankruptcy court on Friday. The court hearing in Wilmington, Delaware, revealed the financial and operational struggles that led Fisker to this critical juncture. Background on Fisker's bankruptcy filing Fisker filed for bankruptcy protection on Monday after exhausting its cash reserves while trying to ramp up production of its Ocean SUVs. Initially, the company aimed to secure additional financing to sustain "reduced operations," but Fisker's attorney, Brian Resnick, stated in court that the company does not anticipate obtaining the necessary funds. Resnick informed U.S. Bankruptcy Judge Thomas Horan that Fisker plans to liquidate its assets. The company has tentatively agreed to sell its 4,300 vehicles to a single buyer, marking a significant step towards its winding down. Also read: Honda faces labour law violation charges at Indiana plant Financial troubles and creditor disputes Founded by automotive designer Henrik Fisker, the California-based company never achieved profitability. In 2023, Fisker reported $273 million in revenue but incurred a net loss of $940 million. The company owes over $850 million to two groups of bondholders, leading to a contentious dispute in court. Attorneys for the larger group of bondholders accused a minority faction led by Heights Capital Management of taking control of Fisker's debt through a questionable transaction in November. At that time, Fisker had failed to provide audited financial statements required by its debt agreements. Heights Capital seized this opportunity to claim all of Fisker's assets as collateral for its bonds. "They basically handed the whole business over to Heights," said Alex Lees, an attorney for the larger group of bondholders. Lees argued that Fisker should have filed for bankruptcy in November, asserting that the company has been liquidating assets outside of the court's supervision to benefit a single creditor. Heights Capital Management's position Heights' attorney, Scott Greissman, rejected Lees' accusations, describing them as "outrageous." He asserted that Heights had tried to help Fisker survive through its challenging period. "There may be a lot of disappointed creditors, but none more than Heights," Greissman said, noting that the expected sale of Fisker's fleet would cover only a fraction of Heights' $185 million debt. Potential conversion to Chapter 7 liquidation Linda Richenderfer, representing the U.S. Department of Justice's bankruptcy watchdog, indicated that Heights Capital holds all the leverage in the situation. She suggested that Fisker's bankruptcy might convert to a straightforward Chapter 7 liquidation once the vehicle fleet is sold. "Heights is getting everything it wants," Richenderfer noted, adding that Heights has no incentive to agree to further concessions. Failed partnership and industry challenges Fisker's fate was effectively sealed in March when it failed to secure a partnership with a major vehicle manufacturer, reportedly Nissan. This failure prompted Fisker to halt production and lay off staff to conserve cash. Resnick highlighted these steps as necessary measures amid the company's dire financial situation. The hyper-competitive electric vehicle market has been challenging for many startups. Companies such as Proterra, Lordstown Motors, and Electric Last Mile Solutions have also filed for bankruptcy in the past two years. These firms have struggled with weakening demand, difficulties in raising funds, and operational challenges exacerbated by global supply chain issues. Fisker's liquidation marks another casualty in the turbulent EV sector. The legal battle between its creditors underscores the complexities involved in the bankruptcy process. As Fisker prepares to liquidate its assets, the broader implications for the EV industry highlight the financial and operational hurdles that many startups face in this rapidly evolving market. (Inputs from Reuters)

Fisker faces liquidation amid creditor disputes

A California regulator has said it would impose the maximum fine on GM’s Cruise division for not immediately providing updated information about an incident in which one of its self-driving cars crashed last year. Cruise has not said anything about the situation and therefore did not comment on the request sent by Reuters.

The importance of this penalty also highlights the increased attention directed towards self-driving car companies such as Alphabet’s Waymo and Amazon’s Zoox as a result of safety concerns following several car accidents.

The California Public Utilities Commission or CPUC will let Cruise pay the greatest possible penalty, USD 112,500 – USD 7,500 for each of the 15 days taken to release information on the occurrence. Another stipulation of the settlement is that Cruise must file “collision reports” to both the CPUC and the NHTSA in case of any future accidents in California.

Also Read:&nbsp;<a href="https://www.wionews.com/autonews/honda-faces-labour-law-violation-charges-at-indiana-plant-733723">Honda faces labour law violation charges at Indiana plant</a>

This comes after a recent increase in the legal pressure on Cruise, which offered to pay to settle an investigation into the delayed reporting of a pedestrian strike. One of them occurred in October when a pedestrian was first struck by a vehicle and then with a Cruise robotaxi in San Francisco.

Although Cruise started offering limited operational self-driving cars in phoenix, Arizona in April, their ability to offer passenger service through the self-driving cars still remains prohibited as per what the CPUC said on Thursday. Cruise announced its plans to resume operations through manual driving to facilitate the creation of maps and collection of essential road information in select cities, commencing with Phoenix. This phased approach involves utilising human-driven vehicles without autonomous systems engaged, as outlined in the company’s recent blog post.

The decision to reintroduce human-driven cars into Cruise’s operations aims to validate and enhance its self-driving systems, a crucial step towards reinstating fully autonomous operations. Cruise intends to extend this initiative to additional cities as part of its strategic roadmap. Cruise’s move comes amidst the backdrop of intensifying competition in the autonomous driving sector.&nbsp;

A California regulator has said it would impose the maximum fine on GM’s Cruise division for not immediately providing updated information about an incident in which one of its self-driving cars crashed last year.

A California regulator has said it would impose the maximum fine on GM’s Cruise division for not immediately providing updated information about an incident in which one of its self-driving cars crashed last year. Cruise has not said anything about the situation and therefore did not comment on the request sent by Reuters. The importance of this penalty also highlights the increased attention directed towards self-driving car companies such as Alphabet’s Waymo and Amazon’s Zoox as a result of safety concerns following several car accidents. The California Public Utilities Commission or CPUC will let Cruise pay the greatest possible penalty, USD 112,500 – USD 7,500 for each of the 15 days taken to release information on the occurrence. Another stipulation of the settlement is that Cruise must file “collision reports” to both the CPUC and the NHTSA in case of any future accidents in California. Also Read: Honda faces labour law violation charges at Indiana plant This comes after a recent increase in the legal pressure on Cruise, which offered to pay to settle an investigation into the delayed reporting of a pedestrian strike. One of them occurred in October when a pedestrian was first struck by a vehicle and then with a Cruise robotaxi in San Francisco. Although Cruise started offering limited operational self-driving cars in phoenix, Arizona in April, their ability to offer passenger service through the self-driving cars still remains prohibited as per what the CPUC said on Thursday. Cruise announced its plans to resume operations through manual driving to facilitate the creation of maps and collection of essential road information in select cities, commencing with Phoenix. This phased approach involves utilising human-driven vehicles without autonomous systems engaged, as outlined in the company’s recent blog post. The decision to reintroduce human-driven cars into Cruise’s operations aims to validate and enhance its self-driving systems, a crucial step towards reinstating fully autonomous operations. Cruise intends to extend this initiative to additional cities as part of its strategic roadmap. Cruise’s move comes amidst the backdrop of intensifying competition in the autonomous driving sector.

California to fine Cruise for delaying report on San Francisco accident

German luxury car maker BMW said on Thursday that it has canceled a 2 billion euros (USD 2.15 billion) order for battery cells from Northvolt for EVs. Various German publications revealed that Northvolt failed to adhere to the timelines in a steadfast supply agreement signed in 2020. Northvolt and the BMW Group have now mutually agreed on a strategic refocusing of Northvolt’s future work on the further development of the next generation of battery cells, BMW said.&nbsp;

Thus, the BMW Group will continue to work on building a solid European battery cell supplier for high-performance and sustainable solutions.

Also Read:&nbsp;<a href="https://www.wionews.com/autonews/brp-refiles-patent-for-two-door-ev-with-a-novel-door-hinge-733504">BRP refiles patent for two-door EV with a novel door hinge</a>

In another related news, BMW Group has made a giant leap in manufacturing process improvement adopting custom 3D printed gripper robots in its Munich based automobile manufacturing plant. This has evolved as the new approach has helped to significantly increase productivity within production lines which include the assembly of the celebrated BMW i4 electric car. These novel bioinspired grippers are 30% lighter than conventional grippers but have a rated load of 110 kg and thus improve productivity and decrease the emission of carbon dioxide.

The use of these sophisticated grippers is not just limited to this Munich plant only The use of these sophisticated grippers is not just limited to this Munich plant only. BMW has now moved to apply these advanced robots across all of its manufacturing facilities globally, using both SLS and LPt for different activities and functions; for instance, supervising the integration of CFRP roofs in high-performance BMW M GmbH vehicles. In 2023, the BMW Group was able to produce more than 400000 parts by using the technology referred to as additive manufacturing.

BMW Additive Manufacturing is overseen by Jens Ertel, and he has described many benefits of this method, among which are; shorter time required to produce tools and robots, running costs savings across production lines, and increased efficiency. This strategy points out to BMW’s steadfast approach in embracing the additive manufacturing for sustainable and high-performance automotive components across the globe. 
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German luxury car maker BMW said on Thursday that it has canceled a 2 billion euros (USD 2.15 billion) order for battery cells from Northvolt for EVs. Various German publications revealed that Northvolt failed to adhere to the timelines in a steadfast supply agreement signed in 2020.

German luxury car maker BMW said on Thursday that it has canceled a 2 billion euros (USD 2.15 billion) order for battery cells from Northvolt for EVs. Various German publications revealed that Northvolt failed to adhere to the timelines in a steadfast supply agreement signed in 2020. Northvolt and the BMW Group have now mutually agreed on a strategic refocusing of Northvolt’s future work on the further development of the next generation of battery cells, BMW said. Thus, the BMW Group will continue to work on building a solid European battery cell supplier for high-performance and sustainable solutions. Also Read: BRP refiles patent for two-door EV with a novel door hinge In another related news, BMW Group has made a giant leap in manufacturing process improvement adopting custom 3D printed gripper robots in its Munich based automobile manufacturing plant. This has evolved as the new approach has helped to significantly increase productivity within production lines which include the assembly of the celebrated BMW i4 electric car. These novel bioinspired grippers are 30% lighter than conventional grippers but have a rated load of 110 kg and thus improve productivity and decrease the emission of carbon dioxide. The use of these sophisticated grippers is not just limited to this Munich plant only The use of these sophisticated grippers is not just limited to this Munich plant only. BMW has now moved to apply these advanced robots across all of its manufacturing facilities globally, using both SLS and LPt for different activities and functions; for instance, supervising the integration of CFRP roofs in high-performance BMW M GmbH vehicles. In 2023, the BMW Group was able to produce more than 400000 parts by using the technology referred to as additive manufacturing. BMW Additive Manufacturing is overseen by Jens Ertel, and he has described many benefits of this method, among which are; shorter time required to produce tools and robots, running costs savings across production lines, and increased efficiency. This strategy points out to BMW’s steadfast approach in embracing the additive manufacturing for sustainable and high-performance automotive components across the globe.

BMW cancels USD 2 billion battery cells contract with Northvolt

The National Labor Relations Board (NLRB) has accused Honda of violating workers' rights at its Greensburg, Indiana, factory. According to NLRB spokeswoman Kayla Blado, the charges involve illegal actions taken by the company to suppress union organizing efforts. The complaint, issued by the NLRB's general counsel, claims Honda forced workers to remove United Auto Workers (UAW) stickers from their safety helmets, unlawfully surveilled employees, and threatened to discipline union supporters.

Details of the complaint

The NLRB alleges that Honda's actions constitute a breach of U.S. labour laws that protect workers' rights to organise and advocate for better working conditions. The specific details of the complaint have not been made publicly available, but the charges are serious enough to warrant an administrative hearing. If Honda does not resolve the claims through settlement, a hearing will be held in October.

Honda's response

Honda has denied the allegations, stating that the claims lack merit. A company spokesperson said, "Filing unfair labour practice charges is a common tactic used by the union to generate publicity and attention for their organising campaigns. We look forward to a hearing."

Also read:&nbsp;<a href="https://www.wionews.com/autonews/hertz-to-raise-usd-750-mn-to-address-financial-challenges-post-ev-bet-733713">Hertz to raise USD 750 mn to address financial challenges post EV bet</a>

Broader union efforts

The union campaign at Honda's Greensburg plant, which employs over 2,400 workers, is part of a wider initiative by the UAW to organise workers at auto plants that have traditionally resisted unionisation. Recently, the UAW lost an election to represent nearly 5,000 workers at a Mercedes plant in Alabama. The union has requested the NLRB to mandate a new election, accusing Mercedes of various violations of workers' rights.

The UAW has also filed complaints against Hyundai and Volkswagen, accusing them of illegally interfering with union campaigns. Both companies have denied the allegations, asserting that they respect workers' rights to decide on union membership.

Legal proceedings and implications

The case, officially titled "Honda Development and Manufacturing of America, National Labor Relations Board, No. 25-CA-331556," will be reviewed by an administrative judge if not settled. The judge's decision can be appealed to the five-member NLRB, whose rulings are subject to further appeal in federal courts.

Why the dispute matters?

This dispute highlights the ongoing tension between automotive companies and labour unions in the United States. The UAW's efforts to organise workers at major auto plants have faced significant resistance, reflecting broader challenges within the labour movement. The accusations against Honda, if proven true, underscore the lengths to which companies may go to prevent unionisation.

The stakes for workers and employers

For workers, the ability to organise and advocate for better conditions is a fundamental right protected under U.S. labour law. The allegations against Honda suggest that this right may be under threat, prompting scrutiny from regulatory bodies like the NLRB.

For employers, the rise of unionisation efforts poses a challenge to traditional management practices. Companies may need to reassess their strategies and policies to ensure compliance with labour laws while addressing the concerns of their workforce.

Future outlook

As the case progresses, it will be closely watched by both labour advocates and corporate entities. The outcome could set a precedent for future disputes and influence the landscape of labour relations in the automotive industry. Whether through settlement or legal ruling, the resolution of this case will have significant implications for Honda and potentially other companies facing similar challenges.

The NLRB's charges against Honda highlight critical issues in labour relations within the automotive industry. As the case unfolds, it will provide valuable insights into the dynamics between workers' rights and corporate policies, shaping the future of unionisation efforts across the sector.

(Inputs from Reuters)

The National Labor Relations Board (NLRB) has accused Honda of violating workers' rights at its Greensburg, Indiana, factory. According to NLRB spokeswoman Kayla Blado, the charges involve illegal actions taken by the company to suppress union organizing efforts.

The National Labor Relations Board (NLRB) has accused Honda of violating workers' rights at its Greensburg, Indiana, factory. According to NLRB spokeswoman Kayla Blado, the charges involve illegal actions taken by the company to suppress union organizing efforts. The complaint, issued by the NLRB's general counsel, claims Honda forced workers to remove United Auto Workers (UAW) stickers from their safety helmets, unlawfully surveilled employees, and threatened to discipline union supporters. Details of the complaint The NLRB alleges that Honda's actions constitute a breach of U.S. labour laws that protect workers' rights to organise and advocate for better working conditions. The specific details of the complaint have not been made publicly available, but the charges are serious enough to warrant an administrative hearing. If Honda does not resolve the claims through settlement, a hearing will be held in October. Honda's response Honda has denied the allegations, stating that the claims lack merit. A company spokesperson said, "Filing unfair labour practice charges is a common tactic used by the union to generate publicity and attention for their organising campaigns. We look forward to a hearing." Also read: Hertz to raise USD 750 mn to address financial challenges post EV bet Broader union efforts The union campaign at Honda's Greensburg plant, which employs over 2,400 workers, is part of a wider initiative by the UAW to organise workers at auto plants that have traditionally resisted unionisation. Recently, the UAW lost an election to represent nearly 5,000 workers at a Mercedes plant in Alabama. The union has requested the NLRB to mandate a new election, accusing Mercedes of various violations of workers' rights. The UAW has also filed complaints against Hyundai and Volkswagen, accusing them of illegally interfering with union campaigns. Both companies have denied the allegations, asserting that they respect workers' rights to decide on union membership. Legal proceedings and implications The case, officially titled "Honda Development and Manufacturing of America, National Labor Relations Board, No. 25-CA-331556," will be reviewed by an administrative judge if not settled. The judge's decision can be appealed to the five-member NLRB, whose rulings are subject to further appeal in federal courts. Why the dispute matters? This dispute highlights the ongoing tension between automotive companies and labour unions in the United States. The UAW's efforts to organise workers at major auto plants have faced significant resistance, reflecting broader challenges within the labour movement. The accusations against Honda, if proven true, underscore the lengths to which companies may go to prevent unionisation. The stakes for workers and employers For workers, the ability to organise and advocate for better conditions is a fundamental right protected under U.S. labour law. The allegations against Honda suggest that this right may be under threat, prompting scrutiny from regulatory bodies like the NLRB. For employers, the rise of unionisation efforts poses a challenge to traditional management practices. Companies may need to reassess their strategies and policies to ensure compliance with labour laws while addressing the concerns of their workforce. Future outlook As the case progresses, it will be closely watched by both labour advocates and corporate entities. The outcome could set a precedent for future disputes and influence the landscape of labour relations in the automotive industry. Whether through settlement or legal ruling, the resolution of this case will have significant implications for Honda and potentially other companies facing similar challenges. The NLRB's charges against Honda highlight critical issues in labour relations within the automotive industry. As the case unfolds, it will provide valuable insights into the dynamics between workers' rights and corporate policies, shaping the future of unionisation efforts across the sector. (Inputs from Reuters)

Honda faces labour law violation charges at Indiana plant

Hertz Global Holdings announced plans to raise USD 750 million through a two-part secured notes offering, aiming to bolster its financial stability following setbacks from its electric vehicle (EV) investments. The car rental giant intends to use the proceeds to pay down part of its USD 2 billion revolving credit facility and improve its overall liquidity.

Leadership changes amid financial strain

In early June, Hertz appointed Scott Haralson, former CFO of Spirit Airlines, as its new finance chief. This move comes in response to declining demand for EVs, which has significantly impacted the company’s earnings. The weak demand has prompted Hertz to reassess its business strategy and streamline operations.

Reducing EV fleet

In a bid to mitigate losses, Hertz plans to sell an additional 10,000 EVs, increasing its total planned EV sales to 30,000 this year. Despite this effort, the company acknowledged potential difficulties in achieving the remaining 11,000 planned disposals as expected. Hertz also anticipates elevated vehicle depreciation costs to persist throughout 2024.

Also read:&nbsp;<a href="https://www.wionews.com/autonews/eu-probe-into-chinese-ev-imports-sparks-tensions-and-allegations-733707">EU probe into Chinese EV imports sparks tensions and allegations</a>

Impact of depreciation costs

During the first quarter ended March 31, Hertz incurred $588 million in vehicle depreciation costs, with USD 195 million attributed to EVs held for sale. To address these challenges, the company is accelerating the refresh of its vehicle fleet, which will result in some depreciation costs being recorded sooner than anticipated.

Financial projections and losses

Due to these ongoing expenses, Hertz expects an adjusted corporate loss before interest, taxes, depreciation, and amortization (EBITDA) of $435 million to $495 million in the second quarter. This contrasts sharply with the $347 million core profit reported in the same period last year. The company’s shares have also suffered, dropping 3% in morning trade and losing over 70% of their value so far this year.

Why Hertz is struggling?

Hertz's challenges can be attributed to several factors. The company's aggressive bet on EVs was driven by a global push towards greener transportation and anticipated consumer demand. However, the demand for EV rentals has not met expectations, leading to excess inventory and higher depreciation costs. This miscalculation has strained Hertz’s financial resources, necessitating the current fundraising effort.

The appointment of Scott Haralson as CFO indicates Hertz’s intention to strengthen its financial management and navigate through the current turbulence. His experience at Spirit Airlines, known for cost-efficiency, could prove valuable as Hertz seeks to streamline operations and reduce reliance on EVs.

Future outlook

Hertz’s decision to sell off a significant portion of its EV fleet and accelerate fleet refreshes highlights a strategic pivot towards stabilising its financial health. The company’s ability to adapt to changing market conditions and consumer preferences will be crucial in determining its long-term success.

The broader market context also plays a role in Hertz's struggles. The global shift towards EVs is still in its early stages, with infrastructure and consumer adoption varying significantly across regions. Hertz’s early bet on EVs, while forward-thinking, may have been premature given the current market dynamics.

Hertz Global Holdings is taking significant steps to address the financial impact of its EV investments through a substantial fundraising effort and strategic adjustments. The company’s ability to navigate these challenges and realign its business model will be key to its recovery and future growth. As the market for EVs continues to evolve, Hertz's experience offers valuable insights into the complexities and risks associated with large-scale transitions to new technologies in the automotive industry.

(Inputs from Reuters)

Hertz Global Holdings announced plans to raise USD 750 million through a two-part secured notes offering, aiming to bolster its financial stability following setbacks from its electric vehicle (EV) investments.

Hertz Global Holdings announced plans to raise USD 750 million through a two-part secured notes offering, aiming to bolster its financial stability following setbacks from its electric vehicle (EV) investments. The car rental giant intends to use the proceeds to pay down part of its USD 2 billion revolving credit facility and improve its overall liquidity. Leadership changes amid financial strain In early June, Hertz appointed Scott Haralson, former CFO of Spirit Airlines, as its new finance chief. This move comes in response to declining demand for EVs, which has significantly impacted the company’s earnings. The weak demand has prompted Hertz to reassess its business strategy and streamline operations. Reducing EV fleet In a bid to mitigate losses, Hertz plans to sell an additional 10,000 EVs, increasing its total planned EV sales to 30,000 this year. Despite this effort, the company acknowledged potential difficulties in achieving the remaining 11,000 planned disposals as expected. Hertz also anticipates elevated vehicle depreciation costs to persist throughout 2024. Also read: EU probe into Chinese EV imports sparks tensions and allegations Impact of depreciation costs During the first quarter ended March 31, Hertz incurred $588 million in vehicle depreciation costs, with USD 195 million attributed to EVs held for sale. To address these challenges, the company is accelerating the refresh of its vehicle fleet, which will result in some depreciation costs being recorded sooner than anticipated. Financial projections and losses Due to these ongoing expenses, Hertz expects an adjusted corporate loss before interest, taxes, depreciation, and amortization (EBITDA) of $435 million to $495 million in the second quarter. This contrasts sharply with the $347 million core profit reported in the same period last year. The company’s shares have also suffered, dropping 3% in morning trade and losing over 70% of their value so far this year. Why Hertz is struggling? Hertz's challenges can be attributed to several factors. The company's aggressive bet on EVs was driven by a global push towards greener transportation and anticipated consumer demand. However, the demand for EV rentals has not met expectations, leading to excess inventory and higher depreciation costs. This miscalculation has strained Hertz’s financial resources, necessitating the current fundraising effort. The appointment of Scott Haralson as CFO indicates Hertz’s intention to strengthen its financial management and navigate through the current turbulence. His experience at Spirit Airlines, known for cost-efficiency, could prove valuable as Hertz seeks to streamline operations and reduce reliance on EVs. Future outlook Hertz’s decision to sell off a significant portion of its EV fleet and accelerate fleet refreshes highlights a strategic pivot towards stabilising its financial health. The company’s ability to adapt to changing market conditions and consumer preferences will be crucial in determining its long-term success. The broader market context also plays a role in Hertz's struggles. The global shift towards EVs is still in its early stages, with infrastructure and consumer adoption varying significantly across regions. Hertz’s early bet on EVs, while forward-thinking, may have been premature given the current market dynamics. Hertz Global Holdings is taking significant steps to address the financial impact of its EV investments through a substantial fundraising effort and strategic adjustments. The company’s ability to navigate these challenges and realign its business model will be key to its recovery and future growth. As the market for EVs continues to evolve, Hertz's experience offers valuable insights into the complexities and risks associated with large-scale transitions to new technologies in the automotive industry. (Inputs from Reuters)

Hertz to raise USD 750 mn to address financial challenges post EV bet

The European Commission's recent probe into Chinese electric vehicle (EV) imports has ignited significant tensions between the European Union (EU) and China. The investigation, which scrutinised Chinese automakers' supply chains, has been labelled "unprecedented" by China's commerce ministry. This in-depth probe culminated in the EU imposing additional duties on Chinese EV imports, prompting sharp criticism from Beijing and allegations of espionage from Chinese state media.

Scope of the investigation

He Yadong, a spokesperson for China's commerce ministry, highlighted the extensive nature of the information requested by the European Commission during the investigation. "The type, scope, and quantity of information collected by the European side was unprecedented and far more than what is required for a countervailing duties investigation," He stated at a news conference. The Commission reportedly demanded detailed data on sourcing raw materials for batteries, manufacturing components, and the development of sales channels from Chinese automakers.

This level of scrutiny has led to accusations from Chinese state media, such as CCTV, suggesting that the European Commission's investigation was an attempt to spy on China's burgeoning EV industry.

Read more:&nbsp;<a href="https://www.wionews.com/autonews/hyundai-defies-ev-slowdown-with-new-models-and-strategic-expansions-in-europe-733385">Hyundai defies EV slowdown with new models and strategic expansions in Europe</a>

European commission's rationale

The European Commission's probe was driven by concerns over the influx of lower-cost Chinese EVs into the European market. These vehicles, often priced around 20% lower than EU-made models, are seen as benefiting from unfair subsidies, thus undermining European automakers. The EU typically imposes anti-subsidy duties to protect domestic firms from foreign goods produced at artificially low prices due to government incentives or handouts.

The Commission's decision to impose additional duties on Chinese EV imports is part of its broader strategy to safeguard the European automotive industry. Chinese automakers deemed non-cooperative, such as SAIC, will face a substantial tariff of 38.1% once the provisional duties take effect, likely in July.

China's response and countermeasures

China has vehemently denied the European Commission's claims and has criticised the investigation process. He Yadong dismissed the allegations of non-cooperation from Chinese car companies as "groundless." In a bid to counter the EU's actions, China has launched its own investigation into EU pork imports, signalling a tit-for-tat trade dispute.

The Chinese government has expressed its displeasure through various channels. The commerce ministry's spokesperson underscored that the extensive information requests during the probe went beyond standard requirements for a countervailing duties investigation. This sentiment was echoed by Chinese state media, which suggested ulterior motives behind the EU's demands.

Impact on the EV market

The escalating trade tensions between the EU and China could have significant implications for the global EV market. The additional duties on Chinese EVs might lead to higher prices for European consumers and could slow down the adoption of electric vehicles in the region. On the other hand, the tariffs aim to level the playing field for European automakers who are investing heavily in their own EV production capabilities.

The European Commission's stringent measures reflect its commitment to protecting the domestic automotive industry from perceived unfair competition. However, the backlash from China indicates a growing friction that could spill over into other sectors and further complicate trade relations between the two economic giants.

Looking ahead

As both the EU and China navigate this contentious issue, the broader implications for international trade and the EV industry remain uncertain. The EU's actions underscore the complex dynamics of global trade, where protecting domestic industries often leads to retaliatory measures and increased tensions. The outcome of this dispute will likely shape the future of EV manufacturing and trade policies between the EU and China.

The European Commission's decision to impose additional duties on Chinese EV imports represents a significant development in the ongoing trade tensions. The detailed investigation into Chinese automakers' supply chains and the subsequent tariffs highlight the challenges and complexities of regulating international trade in the rapidly evolving EV market.

(Inputs from Reuters)

The European Commission's recent probe into Chinese electric vehicle (EV) imports has ignited significant tensions between the European Union (EU) and China. The investigation, which scrutinised Chinese automakers' supply chains, has been labelled "unprecedented" by China's commerce ministry.

The European Commission's recent probe into Chinese electric vehicle (EV) imports has ignited significant tensions between the European Union (EU) and China. The investigation, which scrutinised Chinese automakers' supply chains, has been labelled "unprecedented" by China's commerce ministry. This in-depth probe culminated in the EU imposing additional duties on Chinese EV imports, prompting sharp criticism from Beijing and allegations of espionage from Chinese state media. Scope of the investigation He Yadong, a spokesperson for China's commerce ministry, highlighted the extensive nature of the information requested by the European Commission during the investigation. "The type, scope, and quantity of information collected by the European side was unprecedented and far more than what is required for a countervailing duties investigation," He stated at a news conference. The Commission reportedly demanded detailed data on sourcing raw materials for batteries, manufacturing components, and the development of sales channels from Chinese automakers. This level of scrutiny has led to accusations from Chinese state media, such as CCTV, suggesting that the European Commission's investigation was an attempt to spy on China's burgeoning EV industry. Read more: Hyundai defies EV slowdown with new models and strategic expansions in Europe European commission's rationale The European Commission's probe was driven by concerns over the influx of lower-cost Chinese EVs into the European market. These vehicles, often priced around 20% lower than EU-made models, are seen as benefiting from unfair subsidies, thus undermining European automakers. The EU typically imposes anti-subsidy duties to protect domestic firms from foreign goods produced at artificially low prices due to government incentives or handouts. The Commission's decision to impose additional duties on Chinese EV imports is part of its broader strategy to safeguard the European automotive industry. Chinese automakers deemed non-cooperative, such as SAIC, will face a substantial tariff of 38.1% once the provisional duties take effect, likely in July. China's response and countermeasures China has vehemently denied the European Commission's claims and has criticised the investigation process. He Yadong dismissed the allegations of non-cooperation from Chinese car companies as "groundless." In a bid to counter the EU's actions, China has launched its own investigation into EU pork imports, signalling a tit-for-tat trade dispute. The Chinese government has expressed its displeasure through various channels. The commerce ministry's spokesperson underscored that the extensive information requests during the probe went beyond standard requirements for a countervailing duties investigation. This sentiment was echoed by Chinese state media, which suggested ulterior motives behind the EU's demands. Impact on the EV market The escalating trade tensions between the EU and China could have significant implications for the global EV market. The additional duties on Chinese EVs might lead to higher prices for European consumers and could slow down the adoption of electric vehicles in the region. On the other hand, the tariffs aim to level the playing field for European automakers who are investing heavily in their own EV production capabilities. The European Commission's stringent measures reflect its commitment to protecting the domestic automotive industry from perceived unfair competition. However, the backlash from China indicates a growing friction that could spill over into other sectors and further complicate trade relations between the two economic giants. Looking ahead As both the EU and China navigate this contentious issue, the broader implications for international trade and the EV industry remain uncertain. The EU's actions underscore the complex dynamics of global trade, where protecting domestic industries often leads to retaliatory measures and increased tensions. The outcome of this dispute will likely shape the future of EV manufacturing and trade policies between the EU and China. The European Commission's decision to impose additional duties on Chinese EV imports represents a significant development in the ongoing trade tensions. The detailed investigation into Chinese automakers' supply chains and the subsequent tariffs highlight the challenges and complexities of regulating international trade in the rapidly evolving EV market. (Inputs from Reuters)

EU probe into Chinese EV imports sparks tensions and allegations

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