Motors

Samsung makes a lot of things other than smartphones, tablets, and TVs. It makes display panels, batteries, and various electronic components, and they are used by several firms worldwide. Yesterday, General Motors CEO Mary Barra met with high-ranking officials from Samsung to collaborate on batteries and other electronic components for electric vehicles. According to Yonhap News Agency, the General Motors CEO traveled to Seoul, South Korea, to meet executives from Samsung Display, Samsung Electro-Mechanics, and Samsung…

Tata Motors is currently offering enticing discounts on the Tata Nexon EV lineup, including the recently launched Nexon EV facelift. These discounts are specifically applicable to vehicles manufactured in 2023 to clear unsold stock. For the Nexon EV facelift, discounts start from Rs 50,000 and go up to Rs 1 lakh, depending on the variant. The Fearless MR, Empowered + LR, and Empowered MR variants offer discounts and benefits of up to Rs 50,000, while the Fearless + MR, Fearless +S MR, and Fearless + LR variants come…

Tata Motors is one of the major car manufacturers in India at the moment. The first-ever season of the Bharat Mobility Global Expo kicked off in Delhi today, and at the Expo, Tata Motors showcased a couple of new models to the media. One such SUV unveiled at the expo is the all-new Tata Nexon iCNG. Tata unveiled the SUV at the expo, and the launch of the same is expected to happen sometime later this year. It is also the first-ever turbocharged petrol engine car in the country to come with a CNG setup. Here we have a…

Tata Motors is set to make significant strides in the electric vehicle (EV) segment with the introduction of four new models by late 2025, reinforcing its position as a key player in the mass-market EV landscape in India. These upcoming EVs will leverage the advanced Acti.EV architecture, a notable technological enhancement featured in the recently launched Punch EV. Shailesh Chandra, Managing Director of Tata Passenger Electric Mobility, unveiled the company’s EV roadmap during the Punch EV launch. According to him,…

General Motors Chief Executive acknowledged that electric vehicle growth has slowed but said sales will still rise in 2024. General Motors reported higher quarterly profits Tuesday thanks to continued robust vehicle pricing amid strong North American demand, offsetting the hit from a labor strike.…

A GMC pickup truck is displayed for sale on a lot at a General Motors dealership in Austin, Texas, on Jan. 5, 2023.Brandon Bell | Getty ImagesDETROIT — General Motors is set to report its fourth-quarter earnings before the bell Tuesday.Here's what Wall Street is expecting, according to average estimates compiled by LSEG, formerly known as Refinitiv.Adjusted earnings per share: $1.16Revenue: $38.67 billionThose results would mark a 10.3% decrease in revenue compared to a year earlier as well as a 45.3% decline in adjusted…

The public may not yet know who the next actor will be to fill the polished, often knife-equipped, shoes of M16’s top 00 agent – James Bond, but we do have a better idea of what type of vehicle he may be driving to evade the baddies when he makes his on-screen debut. Following an existing supply agreement with Aston Martin, Lucid Motors’ CEO and CTO Peter Rawlinson hinted that James Bond’s next vehicle could be 100% electric. Ian Fleming’s James Bond franchise has long outlived the UK writer and…

This week, Lucid Motors invited Electrek to an exclusive ribbon-cutting ceremony celebrating the opening of Phase 2 of its AMP-1 facility in Casa Grande, Arizona. Part of the festivities included a factory tour, an interview with CEO and CTO Peter Rawlinson, and our best look at Lucid’s upcoming Gravity SUV to date. Senior Vice President of Design and Brand Derek Jenkins walked me around Gravity and shared some insights into what went into this unique electric SUV. Yesterday’s visit to AMP-1 was…

Last Updated: January 25, 2024, 15:50 ISTTata Motors To Update, Rebrand Tigor EV, Tiago EV As ‘Acti.ev’ Vehicles. (Photo: Tata Motors)The Tiago EV, Tigor EV, and Nexon EV will be upgraded by Tata Motors to become “Acti.ev” vehicles.Tata Motors is anticipated to unveil the Tiago Electric Vehicle (EV) and Tigor Electric Vehicle (EV), both of which will have similar features to the Punch EV, according to Anand Kulkarni, Chief Product Officer (CPO) and Head HV Programmes, Tata Passenger Electric Mobility (TPEM).Tata Motors…

Last Updated: January 17, 2024, 11:55 ISTHyundai Motors To Invest In Maharashtra For Its Second Plant, Commits Rs 7,000 Crore Investment. (Photo: Manufacturing Today)Hyundai Motor Company intends to build its second plant in India in Talegaon, Maharashtra, for Rs 7,000 crore.Hyundai Motor Company, the South Korean multinational automotive manufacturer, plans to rehabilitate its recently acquired second plant in India with a sizable investment of Rs 7,000 crore.Hyundai Motor intends to invest the funds to repair General…