Deliveries

Xiaomi To Begin Deliveries Of Its First EV SU7 Soon. (Photo: The Financial Express)Xiaomi plans to begin delivery of its first electric vehicle (EV), the SU7, in March, and will reveal the price during a launch event on March 28.Xiaomi, China’s digital behemoth, has announced that sales of its first electric vehicle (EV) model, the SU7, will begin this month, marking its entry into the competitive automotive market, according to Reuters.Xiaomi announced the news on Weibo, a microblogging website, adding that orders can be…

Porsche is launching four new vehicles this year, its most ever. This will include the new all-electric Macan EV, which Porsche says is already seeing strong orders. Porsche AG 2023 earnings results “Our strong results are due to the high demand for our attractive products and strict cost discipline,” Porsche CFO Lutz Meschke said following the company’s 2023 earnings results. Porsche generated $44.2 billion (40.5 billion euros) in revenue in 2023, up 7.7% year-over-year (YOY). Despite…

China's Xiaomi said on Tuesday it will start deliveries of its first electric vehicle (EV) model SU7 this month, venturing into the world's largest auto market amid a brutal price war.The smartphone maker, China's fifth-largest, said in a Weibo post it has 59 stores in 29 cities nationwide that will take orders. A launch event is scheduled for March 28 when the new EV's sticker tag is expected to be announced.Xiaomi's shares rallied 7% during morning trade.China's EV sales climbed 18% in…

Lexus RX 500h. (File photo)The king-size SUV was launched last year in April. It was offered in two variants -RX 350h Luxury and RX 500h F Sport Performance.The Japan-based auto giant Luxus has finally started dispatching the much-awaited RX 500h F Sport Performance SUV in India. The customers who have already pre-booked the vehicle, now can expect the delivery any time soon.The king-size SUV was launched last year in April. It was introduced at the starting price of Rs 95.80 lakh (ex-showroom), while the top model goes…

Tesla is talking about soon bringing the Cybertruck to Canada while Rivian quickly accelerates deliveries in the market. The automaker started delivering Cybertruck to customers in the US, primarily in Texas and California, late last year. It has slowly started to expand throughout the US. Generally, it takes a while for Tesla to expand to another market, generally Canada first, after launching in the US. Rohan Patel, head of government affairs and business development at Tesla, was asked about…

A prototype electric vehicle with a detachable cargo bay. Credit: URBANIZED A new generation of commercial electric vehicles is emerging to reduce air pollution and congestion in urban areas.…

Zipping around the city by personal jet pack is still just a dream, but a drone humming along to drop off groceries, prescriptions or a late-night pizza at your door could become a reality in the Denver area as soon as late spring. Drone Express, which moved its headquarters to Denver in November, is one of a handful of companies to earn a spot in the Federal Aviation Administration program focused on incorporating drones into the national airspace and authorizing their use for commercial services. Within the next few…

Last Updated: February 23, 2024, 16:14 ISTAther 450 Apex Production Begins In India, Deliveries To Commence Soon. (Photo: X)With its futuristic design, top-notch performance, and groundbreaking features, the Ather 450 Apex is poised to lead the electric scooter revolution.The Ather 450 Apex, priced at Rs 1.89 lakh (ex-showroom, Bengaluru) and launched in January, is all set to hit the roads in March 2024.Co-founder of Ather Energy, Swapnil Jain, shared an exciting image of the Ather 450 Apex as it gears up to roll off the…

After giving the public a glimpse of its Q4 2023 delivery targets last month, VinFast shared its full financial results for the previous quarter and year-over-year comparisons. Revenues are up, but the Vietnamese automaker will have to truly ramp up if it wants to reach its newly proposed delivery targets for 2024. VinFast Auto ($VFS) remains a young automaker in the EV space, trying to make a global name for itself by expanding at a beyond-ambitious rate (sometimes to its financial detriment). We…

Last Updated: February 22, 2024, 08:56 ISTHero Mavrick 440 Deliveries Set To Begin On April 15. (File photo)Hero MotoCorp launched the Mavrick 440, a premium motorcycle with three variants, echoing Harley Davidson's style, starting at Rs 1.99 lakh.Hero MotoCorp has added a brand-new offering to its flagship portfolio by launching the Mavrick 440.According to the company’s official website, the delivery of the Hero Mavrick 440 is set to commence on April 15 this year. Booking can be made by depositing an initial amount of…