Tag Archives: mass market

Ashok Leyland Launches First Electric Bus Made in India

RAS AL KHAIMAH, UAE and CHENNAI, October 19, 2016 /PRNewswire/ — Designed and Engineered in India, for India, by Indians – the 100% Electric Bus is a Zero-emission, Non-Polluting Vehicle, Created Specifically for Indian Road and Passenger Conditions  Ashok Leyland, flagship of the Hinduja Group, today unveiled the country’s first Circuit electric bus designed and engineered entirely in India, by

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Renault-Nissan Acquires French Software-development Company

The Alliance will launch more than 10 vehicles with autonomous drive technology by 2020. Widespread connected car technology will improve the ownership experience, enable the Alliance to offer innovative new services to customers, and drive increased business efficiency. PARIS, September 20, 2016 /PRNewswire/ – The Renault-Nissan Alliance is acquiring the French software-development company Sylpheo to accelerate the expansion of its connected

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Volkswagen Plans 5 New Electric Models to Kickstart 1 Million EV Target

Volkswagen is planning five new battery-electric models for its VW brand, all of which will have a range of at least 400 km expect to show prototype as soon as next month. VW’s aggressive electric-car plans In a new interview with German business magazine Wirtschaftswoche, VW brand chief Herbert Diess confirmed plans to bring five new electric VWs to market. All will be based

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Autonomous-Car Sensor Maker Velodyne Receives $150 Million Investment

The $150 million investment will allow Velodyne to expand development and drive down cost LiDAR sensors Ford Motor Co. and Chinese web-service provider Baidu Inc. are leading a $150 million investment in laser-sensor maker Velodyne Inc., the latest in a series of bets being placed by car makers and tech companies to advance autonomous-driving technology. The investment will allow the California-based Velodyne to expand

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Sales Satisfaction Decline Despite Heavy Price Discounting

Despite automakers and dealers offering larger discounts to vehicle buyers than in 2015, overall sales satisfaction in China has declined from last year, according to the J.D. Power 2016 China Sales Satisfaction Index (SSI) Study. The study, measures customer satisfaction with the new-vehicle sales experience based on five factors (in order of importance): delivery process (23%); sales initiation (21%); deal

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