News

Monroe Capital’s managed fund is concentrated on helping small- and medium-sized auto producers transition to electrical car manufacturing. To higher compete in the EV market, the automakers plan to collectively develop lithium iron phosphate battery cathode material manufacturing technology in South Korea. About 1.4 million EVs were bought within the US last year, up from 1 million the earlier year. In 2023, greater than 6 per cent of recent automobile gross sales concerned electric autos. Called BMW TechWorks India, the three way partnership will develop automotive software for future BMW vehicles.

Automotive Management has been to check drive the BYD Seal U DM-i and hear from the brand’s senior executives about their ambitions. Automotive retailers are actively exploring choices to handle value control and efficiency using synthetic intelligence, according to Phyron. October is Breast Cancer Awareness month and Ford is showing a brand new seat belt accent designed to help breast most cancers sufferers.

Family Family centered evaluations and recommendation for every little thing family automobile related. Which SUVs, cars, and minivans are the simplest to get into and out of? The new list from Consumer Reports explains why the Subaru Forester is one of the best compact SUV for easy access. Find out how Harbor Freight fared in a automobile ramp review and a good purpose why automobile ramps are the second most harmful approach to raise a car.

The company may also introduce the X3 xDrive30e in 2025, culminating in BMW New Zealand providing 10 PHEVs to clients. Researchers at McGill University have made a significant advance in the development of all-solid-state lithium batteries, that are being pursued as the subsequent step in electrical vehicle battery expertise. Explore the business fashions, technologies, and trends shaping the future of autonomous mobility. Tickets for this in-person event are limited, so please guide early. Explore the enterprise models, applied sciences, and trends shaping the method ahead for electrical mobility.

By the numbers, more vehicles had been wrapped up in the Big One this past weekend than ever before in the Cup Series. Volvo backtracks on its plan to go EV-only by 2030The Swedish automaker stated it was responding to changing market situations and customer Automotive News calls for. Hyundai, Skoda be part of arms to accelerate hydrogen adoptionBrands will explore the potential for Hyundai sharing its hydrogen fuel-cell system and know-how with Skoda.

The company had been working on autonomous driving technology for last-mile delivery autos, which are not designed to hold passengers. General Motors reported a dip in third-quarter US auto sales Tuesday, however pointed to growth in sales of electrical automobiles and stated retail pricing remained regular. Several commerce shows will focus on the hot matters of latest years, together with EVs, battery tech, hybrid powertrains and software-defined vehicles. In the primary quarter of subsequent year, BMW New Zealand will introduce the BMW 550e xDrive plug-in hybrid electrical vehicle , priced at $159,900.