Category: Auto & Electric Mobility

  • Exports of FCEVs from S Korea drop 74%

    Seoul: Exports of hydrogen-powered fuel cell electric vehicles (FCEVs) from South Korea plunged more than 70 per cent on-year during the first five months of 2024, industry data showed on Friday.

    According to data from the Korea Automobile Manufacturers Association (KAMA), the number of hydrogen-powered FCEVs shipped overseas during the January-May period reached 60 units, down 74.2 per cent from 233 units in the same period last year.

    Last month, in particular, the country’s exports of hydrogen-powered FCEVs dropped to zero, reports Yonhap News Agency.

    Key models from South Korea include the hydrogen fuel cell Nexo SUV of Hyundai Motor and the company’s Xcient heavy-duty truck.

    Meanwhile, South Korea’s top automaker Hyundai Motor and its sister company Kia captured the largest share of the US market for electric vehicles (EVs) in the first five months of 2024, as per data compiled by KAMA.

  • Musk can take home $56-bn pay package

    San Francisco: Tesla stockholders have overwhelmingly approved the $56 billion pay package (now valued at $44.9 billion) for the company’s CEO Elon Musk, along with reincorporating the electric vehicle company in the US state of Texas, moving it from Delaware.

    The Tesla board won approval for Musk’s 2018 pay package with 73 per cent of the vote, according to the company.

    The company last valued Musk’s package at $44.9 billion (in April) as Tesla’s stock has nosedived by nearly 25 per cent this year.

    “Tesla stockholders overwhelmingly approved the ratification of the 2018 CEO Performance Award and the re-domestication of the company to Texas,” the electric car maker said in a statement.

    The stockholders gave their consent to a Tesla proposal to ratify the 100 per cent performance-based stock option award to Musk that was approved by the stockholders in 2018.

    At Tesla’s meeting late on Thursday, the tech billionaire reassured shareholders that he will not leave the company as he can’t sell any stock for five years.

    “It’s not actually cash, and I can’t cut and run, nor would I want to,” he told the stockholders.

  • Tata’s Punch.ev and Nexon.ev achieve 5-star safety rating from Bharat-NCAP

    Tata Passenger Electric Mobility Ltd. (TPEM) proudly announced that both the Punch.ev and the Nexon.ev have achieved a top-notch 5-star safety rating from Bharat-NCAP.

    The Punch.ev scored impressively high, with 31.46 out of 32 points for protecting adults and 45 out of 49 points for protecting children.

    Similarly, Nexon.ev did great, scoring 29.86 out of 32 for adult protection and 44.95 out of 49 for child protection.

    This achievement shows Tata Motors’ commitment to producing safe SUVs, consistently earning 5-star ratings in tests by both Bharat-NCAP and Global-NCAP. The Punch.ev has become a hit among both electric vehicle enthusiasts and new buyers, attracting over 35% of its owners from rural regions.

    It has welcomed over 10,000 members into its community, offering long-range capabilities, exciting performance, advanced technology, and features usually found in pricier SUVs.

    Nitin Gadkari, India’s Minister of Road Transport and Highways, presented the B-NCAP Certification to officials from Tata Motors.

    He congratulated Tata Motors on this milestone, highlighting how the 5-star rating aligns with the government’s vision for safer vehicles and promotes self-reliance in India’s automobile industry.

    The Bharat-NCAP car safety standard plays a crucial role in realizing the government’s goal of making India a global automobile hub and boosting its export potential in international markets.

  • S Korea’s exports of hydrogen-powered fuel cell EVs drop 74 pc on-year in first 5 months

    Seoul, June 14: Exports of hydrogen-powered fuel cell electric vehicles (FCEVs) from South Korea plunged more than 70 per cent on-year during the first five months of 2024, industry data showed on Friday.

    According to data from the Korea Automobile Manufacturers Association (KAMA), the number of hydrogen-powered FCEVs shipped overseas during the January-May period reached 60 units, down 74.2 per cent from 233 units in the same period last year.

    Last month, in particular, the country’s exports of hydrogen-powered FCEVs dropped to zero, reports Yonhap News Agency.

    Key models from South Korea include the hydrogen fuel cell Nexo SUV of Hyundai Motor and the company’s Xcient heavy-duty truck.

    Meanwhile, South Korea’s top automaker Hyundai Motor and its sister company Kia captured the largest share of the US market for electric vehicles (EVs) in the first five months of 2024, as per data compiled by KAMA.

    The two carmakers accounted for 11.2 per cent, or 48,838, of the 437,246 EVs sold in the US market over the January-May period, marking a sharp rise from 6.8 per cent in 2023 and 10.6 per cent in 2022.

    In 2020, Hyundai and Kia only accounted for 3.2 per cent of the US EV market.

  • Hyundai recalls 1,744 Ioniq 5 electric models over charging control concerns

    Hyundai Motor India has initiated a recall affecting 1,744 units of its electric model, the Ioniq 5, due to concerns surrounding the integrated charging control unit.

    According to information provided by the industry body SIAM, the recall affects units manufactured between July 21, 2022, and April 30, 2024.

    The purpose of the recall is to address a potential issue with the integrated charging control unit that may lead to the discharge of the 12V battery.

    This proactive measure underscores Hyundai’s commitment to ensuring the safety and satisfaction of its customers.

    Owners of the affected vehicles will be contacted by Hyundai to arrange for the necessary repairs to be carried out, ensuring the continued reliability and performance of the Ioniq 5 electric model.

    This development comes at a time when Hyundai Motor India is reportedly gearing up to go public in India.

    According to reports from ET, the company is expected to submit a draft red herring prospectus (DRHP) to the market regulator SEBI within the next two weeks.

    If this plan comes to fruition, it would signify the first IPO by an automaker in India in more than two decades, following Maruti Suzuki’s public offering in 2003.

    Based in South Korea, Hyundai Motor India Limited functions as a fully-owned subsidiary of the Hyundai Motor Company.

  • Kia India exports over 2.5 lakh vehicles since 2019

    New Delhi, June 13: Automaker Kia India on Thursday said it has surpassed 250,000 vehicle exports from the country since 2019.

    The company has shipped 255,133 units internationally to over 100 markets from its Anantapur manufacturing facility, it said in a statement.

    “The success of our ‘Made in India’ vehicles internationally shows our commitment to quality. While our focus is on the domestic market, we plan to keep our exports steady this year,” said Myung-sik Sohn, Chief Sales Officer, Kia India.

    The Seltos model was the major contributor, accounting for 59 per cent (149,952 units) of the company’s overall overseas dispatches.

    Sonet and Carens models followed in second and third places, contributing 34 per cent and 7 per cent, respectively.

    Kia India is one of the key export hubs for the Kia corporation. However, in recent years, the company has focused more on selling its cars in the domestic markets and is now going to make 90% of products for India from this year.

    A few of the major markets for Kia India exports include South Africa, Chile, Paraguay and Latin America.

    Kia’s Anantapur plant commenced production around five years ago.

  • The all-new BMW 1300 GS most powerful BMW Boxer engine ever launched in India

    Hyderabad: BMW Motorrad India has launched the all-new BMW 1300 GS in India. This Adventure Motorcycle will be available as a Completely Built-up Unit (CBU) and deliveries will commence from end of June 2024.

    Vikram Pawah, President, BMW Group India said, “BMW Motorrad established the new segment of touring enduros more than four decades ago with the R 80 G/S. And the BMW GS with boxer engine has been the undisputed leader of the competitive field ever since. With the all-new BMW R 1300 GS, BMW Motorrad has focused on sharpening the GS even further. It is a perfect combination of power, comfort, and agility, making it the ideal motorcycle for any terrain. With its versatility and appeal, the all-new BMW R 1300 GS will exceed even the highest expectations. Nothing can stop you, especially off-road.”

    The introductory ex-showroom price of the all-new BMW R 1300 GS Pro is Rs 20,95,000.

    Three option Styles are also available for individualisation – Style Triple Black, Style GS Trophy and 719 Tramuntana.

    Prices prevailing at the time of invoicing will be applicable. Delivery will be made ex-showroom. Ex-showroom price (inclusive of GST and compensation cess) as applicable but excludes Road Tax, RTO statutory taxes/fees, other local tax/cess levies and insurance. Prices and options are subject to change without prior notice. For further information, please contact your local authorized BMW Motorrad Dealer.

    The all-new BMW R 1300 GS is available in the following color schemes – Base in Light White metallic, Optional Styles – Triple Black is available in Blackstorm metallic paintwork, GS Trophy is available in the Racing Blue metallic paintwork and the 719 Tramuntana is available in the Aurelius Green metallic paintwork.

    To enable customers to own BMW Motorrad motorcycles of their choice, BMW Financial Services India will offer customized and flexible financial solutions. Customers can also get their loans approved before delivery takes place. For complete peace of mind, all BMW Motorrad bikes come with a standard warranty for ‘three years, unlimited kilometers’, with an option to extend the warranty to fourth and fifth year. Road-Side Assistance, a 24×7 365 days package further ensures prompt services in case of breakdown and towing situations.

    The all-new BMW R 1300 GS has these myriad features

    The bike features an entirely new design which is based on the traditional GS icons while at the same time reflecting extreme compactness and significant weight reduction. With its significantly flatter tank ramp, the flyline is largely responsible for the very dynamic, light and accessible appearance of this motorcycle. Continuing on through the upholstered centre cover over the aluminium fuel tank, the seat gives the GS a typically enduro-style silhouette. A striking break with tradition in terms of design are the new LED Matrix Headlights. The integration of high beam and low beam in a single projector unit results in a redesign of the iconic face of the GS headlamp. With “Headlight Pro” available in all option Styles, the beam of the matrix full LED headlamp turns into the bend according to the banking position.

    The bike perfectly embodies what the BMW Motorrad development team has endowed the GS legend with: compact arrangement of the components, high functionality of the equipment – and everything focused on the essentials. In Lightwhite solid paint and in conjunction with its sharply drawn lines and very clean appearance, the all-new R 1300 GS has a truly muscular appearance and embodies the boxer GS theme in pristine style. The compact and low front end, together with the Sport windshield and wide handlebars, provide an excellent overview, while the redefined GS ergonomics offer a confident, relaxed riding position. A sporty, slimline passenger seat, in combination with the functional sports grab handle bridge, emphasises the steeply rising and short rear end and at the same time offers good seating comfort for the passenger. In the basic version, the standard rider’s seat has a seat height of 850 mm and is fitted with a two-tone cover that forms a continuous functional unit in light grey texture extending from the fuel filler cap to the passenger seat. Together with the main frame coated in Gold, the new cross spoke wheels delineate the lower section of the motorcycle against the light front body section, thereby highlighting its powerful appearance.

    The Optional Style Triple Black gives the all-new BMW R 1300 GS an even more masculine attitude The rear frame is likewise finished in black, as are most of the other surfaces. Also finished in black, the luggage carrier included in the Triple Black model variant is perfectly integrated in these shapes. In addition, the Style Triple Black has Comfort seats, Comfort passenger footrests and a centre stand. The electrically adjustable high windshield also comes with this style in combination with the cockpit trim and the wind deflectors with the new cross spoke wheels in Black. Optional Adaptive Height Control can be ordered only with Style Triple Black.

    The optional Style GS Trophy sets the tone with basic finish Racing blue metallic sets. With red and white tapes and inscriptions combined with a rear frame in white metallic matt, the GS Trophy stands for the highest level of performance and sporty use off-road. The high rider’s comfort seat in combination with the Sport passenger seat offers the look and ergonomics of a rally seat, which in conjunction with the seat cover continued on the fuel tank cover forms a unit that can be used along its entire length. In the spirit of outstanding off-road competence, this optional style is equipped with radiator guards for damage protection. The robust cross-spoke wheels in gold also belong to the range of off-road-oriented fittings.

    The mean machine shows its exclusive and technically sophisticated side in the Option 719 Tramuntana. This combines cross-spoke wheels in gold with black components such as the main and rear frames, powertrain and the luggage carrier with grab handle. The gold anodised handlebar provides the perfect accentuation to match the gold-coloured lining on the body components and the gold rim bands. The side trim sections and the front wheel cover at the top are finished in Aurelius Green metallic, while the aluminium tank and intake silencer cover are likewise finished in Aurelius Green metallic but with a matt clear coating. The fuel tank centre cover in Luxor black/grey and the cylinder head covers in Avus black metallic matt blend in harmoniously with this.

    The centrepiece of the all-new BMW R 1300 GS is once again the legendary two-cylinder boxer engine. Its new design is more compact than ever before thanks to a gearbox located under the engine and a new camshaft drive arrangement. This is by far the most powerful BMW boxer engine ever to be produced in series, producing an output of 107 kW (145 hp) at 7750 rpm, developing a maximum torque of 149 Nm at 6500 rpm. The boxer engine of the new BMW R 1300 GS is also equipped with the unique BMW ShiftCam technology for varying the valve timing and valve stroke on the intake side.

    The entire suspension of the all-new BMW R 1300 GS was redesigned. The centrepiece is the new sheet metal main frame made of steel, which in addition to a significant optimisation of the installation space for even more compact packaging also offers higher levels of stiffness than the predecessor model. The motorcycle features new front wheel guide EVO Telelever with flex element and new rear wheel guide EVO Paralever for even greater steering precision and ride stability.

    The hunk of a bike now comes with standard Dynamic Suspension Adjustment (DSA), Shift Assistant Pro, Riding Modes Pro, sport brake as a part of the Dynamic Package. Riding Modes Pro” comprises of three additional riding modes “Dynamic”, “Dynamic Pro” and “Enduro Pro” in addition to The “Rain” and “Road” riding modes which allow riding characteristics to be adapted to most road conditions And “Eco” riding mode which makes it possible to use the innovative BMW ShiftCam technology primarily in such a way that the maximum range can be achieved with a single tank of fuel. The riding mode “Enduro” enables an enhanced riding experience off the beaten track with a specific set-up for off-road use.

    Engine drag torque control (MSR) is also available as standard, that can be used to safely avoid unstable riding conditions that can occur during coasting or downshifting due to excessive brake slip at the rear wheel. Hill start control (HSC) Pro is fitted as standard and enables convenient hill starts, even when carrying two people and luggage. The motorcycle comes as standard with a twin disc brake featuring two newly developed, radially mounted four-piston fixed calipers at the front and a single disc brake with two-piston floating calliper at the rear in conjunction with BMW Motorrad Full Integral ABS Pro. The standard Dynamic Brake Control (DBC) offers increased safety when braking, also in difficult situations, by preventing unintentional throttle application.

    This new Motorrad bike has the equipment feature Connectivity as standard, including a 6.5-inch full-colour TFT screen. In conjunction with the standard BMW Motorrad Multi-Controller with integrated operation, it gives the rider fast access to vehicle and connectivity functions. Standard Comfort package features Centre stand, Adjustable windscreen including high windshield, cockpit trim and wind deflector, Passenger Kit including Comfort passenger seat, Comfort passenger rest and Luggage carrier. Touring package available only with option Styles include Central locking, preparation for navigation, chrome-plated manifold, left and right case holder, hand protector extension and the topcase holder.

    Comfort features include Keyless Ride, heated grips, Smartphone charging compartment with integrated USB socket and additional 12 V on-board power socket as standard. Other standard list of features include Hand protectors with integrated turn indicators, Lithium-ion battery with Battery Guard and Dynamic Cruise Control (DCC) with brake function.

    The new BMW R 1300 GS Option 719 Tramuntana features the new Riding Assistant for safe and convenient motorcycling. Active Cruise Control (ACC) with integrated distance control can be used to set the desired riding speed as well as the distance to the vehicle in front. Front Collision Warning (FCW) with brake intervention is designed to prevent collisions and help reduce the severity of accidents, while Lane Change Warning monitors the lanes to the left and right and can help ensure a safe lane change while supporting use of the rear mirror.

  • Godrej & Boyce eyes India’s EV sector growth

    Hyderabad: Godrej & Boyce announced that its Motor Components business is targeting to double its revenue to 1000 crore within the next three years, with 50% of the revenue coming from India, and the remaining targeted from exports. This growth is driven by the transition of the automotive industry towards electric motors, as well as the regulations in emission policies, a media release says.

    India’s overall EV penetration is projected to surge exponentially by 2030, driven by strong adoption across two-wheeler, three-wheeler and four-wheeler segments, presenting a revenue opportunity exceeding $100 billion for the Indian EV market. Godrej & Boyce recognises this seismic shift towards electrification. With its deep expertise in precision engineering and component manufacturing, the business is strategically positioned to cater to the evolving needs of EV customers across different segments.

    The business understands the requirements of the electric motors ecosystem, and has a demonstrated expertise in designing and developing motor components, serving industries such as robotics, automation, off-road vehicles, and actuation.

    Xercsis Marker, Executive Vice President & Business Head of the Motors Business, Godrej & Boyce, said, “With the automotive sector poised for growth, we are strategically positioned to capitalize on this trend and further expand our foothold within this market. Our in-house capability to exceed normal quality standards, along with our expert technical engineers, uniquely positions us for this task. This achievement underscores our commitment to providing high-quality, precision-engineered components that meet the evolving needs of the global automotive industry. Apart from the projected growth in India, our presence in the European market will also help us expand our customer base and create new opportunities for our business.”

    The business supplies lamination and components, including motor stator-rotor stacks, wound stators, die-cast rotors, end-shields and also produces complete assembled motors for actuation applications for some customers. The business has also obtained necessary certifications, including VDA 6.3 certification for the automotive industry. Products by the Motors Business have been manufactured using the latest technology and have been specially designed to provide high levels of efficiency and durability. With India poised for growth in the automotive sector, Godrej & Boyce aims to capitalize on this trend.

  • EU Commission proposes provisional duties on Chinese BEVs following subsidy investigation • EVreporter

    The EU Commission’s ongoing investigation has provisionally concluded that the battery electric vehicles (BEV) value chain in China benefits from subsidisation, posing a potential economic threat to EU BEV producers. The investigation also assessed the potential impact of measures on importers, users, and consumers of BEVs in the EU. The Commission has communicated these findings to Chinese authorities to discuss potential resolutions in a WTO-compatible manner.

    The Commission has disclosed the provisional countervailing duties it would impose on imports of BEVs from China, effective from 4 July by a guarantee (in the form to be decided by customs in each Member State), unless discussions yield a resolution. These duties would be collected only if definitive measures are imposed.

    The provisional duties for three sampled Chinese producers are:

    Other cooperating Chinese BEV producers would face a weighted average duty of 21%, while non-cooperating producers would face a residual duty of 38.1%.

    Procedure and Next Steps:

    • On 4 October 2023, the Commission initiated an anti-subsidy investigation on imports of passenger BEVs from China.
    • Investigations are to be concluded within 13 months of initiation, with provisional duties possibly published by 4 July.
    • Definitive measures are to be imposed within 4 months after provisional duties.
    • Tesla, a BEV producer in China, may receive an individually calculated duty rate at the definitive stage following a substantiated request.
    • Other companies not selected in the final sample can request an accelerated review after definitive measures (i.e. 13 months after initiation) are imposed, with a review deadline of 9 months.

    Information on the provisional duty levels is provided to all interested parties, including Union producers, importers, exporters, and their representative associations, Chinese exporting producers and their representative associations, and the country of origin/export (China), as well as to EU Member States. This information is also available on the Commission’s website.

    Sampled companies have received information about their calculations and can comment on their accuracy. The Commission may revise its calculations based on these comments in accordance with EU law.

    Also read: Hyundai introduces BEV platform ‘E-GMP’ in India | IONIQ 5 to be launched

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  • China urges EU to reconsider high tariff on electric cars

    Hit by the imposition of a 38.1 per cent tariff by the European Union on imported Chinese electric cars, Beijing has urged the EU to reconsider the decision.

    “In light of their economic structure and sheer size, China and the EU are best served by teaming up on major economic and trade issues,” Xinhua, China’s state-controlled media platform, said in a commentary. “It would be more cost-effective for the EU to draw on China’s advantages in order to develop its own EV industry.”

    Calling the high import duty as a step in the “wrong direction,” China said it would take measures to safeguard its interests.

    The EU’s decision came less than a month after the US revealed plans to quadruple duties on Chinese EVs to 100 per cent.

    German carmakers, which are heavily dependent on sales in China, fear retaliation from Beijing.

    European commission president Ursula von der Leyen has repeatedly said Europe needs to act to prevent China from flooding the bloc’s market with subsidized EVs.