Only four electric vehicle (EV) manufacturers—Tesla, BYD, Li Auto, and Series Group—reported positive operating margins. Tesla leads with a 7.2% operating margin in 2024,
Only Tesla, BYD, Li Auto, and Series Group achieved positive operating margins in 2024 among EV-exclusive manufacturers. Despite rising sales, many EV makers struggle
BYD surpasses Tesla with US$107 billion revenue in 2024, marking a 29% year-on-year growth with 4.27 million vehicle sales. Tesla’s 2024 revenue fell to
Elon Musk’s Tesla is invited by Israel to bid for supplying electric vehicles for government use, aligning with Israel’s sustainable transportation goals. Israeli Prime
Mazda’s strategic shift combines internal combustion continuity with electrification, maintaining its innovation ethos. The Lean Asset Strategy aims to cut research and development costs by 50% by 2027 through collaborations. The debut of the SkyActiv-Z hybrid powertrain in 2027 is set to enhance the Mazda CX-5 with performance and efficiency. Repurposed production lines will reduce manufacturing costs by 85%, integrating
Urban Vault launches a 35,000 sq. ft. workspace in Pune’s Ambrosia Galaxy, Baner High Street, offering flexible office solutions. The workspace features 700 seats with per-seat pricing between Rs 6,500 and Rs 8,000, catering to enterprises, startups, and SMEs. Pune is emerging
Numeros Motors introduces India’s first NFT-backed loyalty program, showcasing innovation in consumer engagement. Partnering with Polygon, this initiative, named The Journey, rewards the first 1,000 Diplos electric vehicle buyers with unique digital artworks. The NFTs symbolize Numeros Motors’ “Gets It Done” philosophy,
Kia India introduces an innovative electric variant of the Carens, pushing toward sustainable mobility. Sleek redesigns include a futuristic aesthetic and new features like dual-tone alloy wheels and ADAS sensors. The revamped interior promises comfort and luxury with a new center console,
Kia is transforming its Carens model into an electric vehicle, signifying its entry into the electric family car segment. Spy shots reveal a redesigned exterior with features like a strategically placed charging port and dual-tone alloy wheels, highlighting a shift towards an
Kia is unveiling the new Carens EV, set to revolutionize the electric vehicle market with a striking facelift and innovative identity. The Carens EV features a sleek charging port and dual-tone alloy wheels, blending elegance with performance. An advanced driver-assistance system is
Alfa Romeo’s Junior SUV will debut in 2025, blending tradition with modernity to make a statement in the small SUV market. Two powertrain options: the mild-hybrid ‘Ibrida’ with a 1.2-liter turbocharged engine and the fully electric ‘Elettrica’ offering up to 407 km
Alfa Romeo introduces the Junior SUV in Q3 2025, blending Italian elegance and advanced technology to honor its legacy while embracing sustainability. The design features the iconic “leggenda scudetto” grille and “biscione” serpent, with a signature “coda tronca” tail highlighting its heritage.
The Alfa Romeo Junior SUV, launching in Q3 2025, merges classic charm with modern technology, redefining the compact SUV segment. Two powertrain options are available: the fully electric ‘Elettrica’ with a 115kW motor and the ‘Ibrida’ mild-hybrid with a 1.2-liter turbocharged engine.
The Hyundai Insteroid concept car debuts at the Seoul Motor Show, fusing gaming universe energy with motorsport thrill. A futuristic design, the Insteroid features a high-voltage e-GMP architecture like the Ioniq 5 N, with rally-style wheel arches and 21-inch alloy wheels. Aerodynamics