Author: Faisal

The dawn of the 21st century ushered in an era in which engine noise is increasingly dominated by whispers of code. A quiet revolution is underway in the automotive industry, transforming vehicles from heavy-duty mechanical beasts to sophisticated software-driven wonders. The once-clear line between automotive and technology companies is blurring, and software is playing a vital role in this transformation. The path to software superiority Imagine a world where your car’s features update while you sleep, just like your smartphone does. This is not a distant reality, but the current state of the automotive industry. Between 2015 and 2020, the…

Tacoma, WA – “Shinka – Immersive Japanese Car Exhibition” opens March 16th at LeMay – America’s Car Museum. The word “kyogen” means “evolution” or “progress” in Japanese. The name of the exhibition itself reflects the theme and direction that ACM has taken with this new exhibit, highlighting the history, progress, and profound impact that Japanese automakers have had on the automotive industry and the rest of the world throughout history. and ultimately shaped the global automotive industry into what it is today. “We are excited to bring such a unique and immersive exhibit to our community here in the Pacific…

Share this story on Facebook, X, Text, LinkedIn, Gmail, Yahoo Mail, or OutlookEverything related to car ownership is becoming more expensive. In addition to the price at the time of purchase, insurance is also required, and now maintenance costs have also increased. mitchellThe auto repair software company says there are several reasons why consumers pay more for repairs. heavier vehicles. The increasing complexity of new cars, changes in materials and manufacturing methods, and the resulting shortage of mechanics. COVID-19 (new coronavirus infection). New figures show car repair costs are now in line with the cost of inflation. From November 2013…

Mumbai, February 22, 2024: Mitsubishi Corporation is gearing up to leave its mark on the Indian automobile industry this year, aiming to breathe new life into the Indian automobile industry. The respected Japanese company has successfully acquired a 32% stake, representing a pivotal achievement in its ongoing expansion strategy. As highlighted by Reuters and Nikkei Asia, the investment is reported to be between $33 million and $66 million, with Mitsubishi Corporation gearing up to establish a pan-India presence. Mitsubishi Motors is collaborating with TVS Mobility, known for its successful management of Honda automobile dealerships, with the aim of establishing a…

Plug signs agreement to support major U.S. automaker’s material handling operations, hydrogen and fuel cell solutions. Plug Power, Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for a green hydrogen economy, supplies hydrogen infrastructure and fuel cell solutions to major U.S. automakers to support material handling operations We have signed a contract. The over 6 square mile manufacturing campus is dedicated to electric vehicles and batteries, making it one of the largest automotive manufacturing campuses in U.S. history. The entire material handling fleet on the manufacturing campus, including forklifts and tractors, runs on Plug fuel cells. In addition…

Ashok Leyland, India’s flagship company of the Hinduja Group and the country’s leading commercial vehicle manufacturer, on Thursday announced the production rollout of its 3 millionth vehicle. The event was held at a state-of-the-art manufacturing facility in Pantnagar, Uttarakhand. This significant achievement highlights Ashok Leyland’s enduring commitment to innovation, technological advancement and strong customer relationships. Ashok Leyland has been leading the commercial vehicle sector in India and globally with cutting-edge technology. While millions of passengers rely on Ashok Leyland buses to reach their destinations every day, the brand’s trucks play a vital role in keeping the wheels of the economy…

Partners since 2018, TotalEnergies, Automobile Club de l’Ouest (ACO) and Le Mans Endurance Management (LMEM) are pleased to renew their five-year partnership until 2028. Supporting ACOs’ energy transition Working on an ambitious strategy titled “Race to 2030,” the ACO’s goals are to achieve net zero by 2030, reduce carbon emissions by 30%, and develop a carbon offset program. is. Under the terms of the partnership, TotalEnergies will provide energy transition expertise, guide ACOs through energy audits of their infrastructure, and install electric vehicle charging stations and solar panels on buildings and parking lots. TotalEnergies will also pursue long-term ties with…

Updated February 22, 2024 11:12 ISTThe sanctions banned arms trade, which has expanded to include luxury goods targeting North Korea’s nuclear activities and illicit trade abroad. The Kremlin has expressed strong opposition to US President Joe Biden’s comparison of Russian President Vladimir Putin to the Gaza-based Hamas organization. | Image: APThe US State Department has claimed that Russian President Vladimir Putin’s gift of a luxury limousine to North Korean leader Kim Jong Un was illegal and violated United Nations sanctions. U.S. State Department spokesman Matthew Miller said at a press conference Wednesday that Putin’s transfer of the Russian-made Aurus to…

IONIQ 6 (provided by Hyundai Motors) Hyundai Motor Co., Ltd. announced on Thursday that it has launched EVery Care, a comprehensive program that provides total care for customers’ electric vehicle (EV) lives, from EV purchase to charging, used car residual value guarantee, and loaner car support. Benefits include charging credits, home charger support (including installation costs), residual value guarantee for used cars, and support for new car exchanges.The EVery Care program offers a variety of benefits tailored to the EV lifecycle, including charging credits, home charger installation support (including installation costs), residual value coverage for previously owned vehicles, and support…

The truth is, if you invest long enough, you’ll eventually end up with some losing stocks. However, long-term shareholders Geely Automobile Holding Co., Ltd. (HKG:175) The past three years have been disappointing. Unfortunately, the company had to deal with a 68% drop in stock price over this period. And with the share price down 28% in the last year, we doubt many shareholders are happy. The decline has accelerated recently, with shares down 14% in the past three months. Next, let’s look at the company’s fundamentals to see if long-term shareholder returns are in line with the performance of the…