By: reuters , updated on: November 21, 2024, 10:01 am
By the end of 2020, Honda aims to enhance its electric vehicles with all-solid-state batteries, doubling their driving range. the company is investing
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By the end of 2020, Honda aims to enhance its electric vehicles with all-solid-state batteries, doubling their driving range. The company is making significant investments in battery technology to improve efficiency and production.
Honda is currently developing all-solid-state batteries, which they hope will double driving range by the end of this decade. The carmaker intends to adopt the new power source by the end of 2020. (Reuters)
Honda Motor aims to double the driving range of its electric cars by the end of 2020 when they begin adopting all-solid-state batteries, a new type of power source under development, the head of its research unit said Wednesday. Said to.
All-solid-state batteries, replacing liquid-state lithium-ion batteries, will yield double the driving range by the end of this decade and more than 2.5 times that by the 2040s, said Keiji Otsu, president of Honda R&D.
Automakers and battery suppliers around the world unveiled plans to develop solid-state batteries, billed as a key technology to create longer-lasting, safer and cheaper electric vehicles amid a slowdown in EV development Is.
Also read: Hyundai Ioniq 9 electric SUV covers range of over 600 km
“This is a game-changer for the EV era,” Otsu told reporters at Honda's pilot all-solid-state battery production line in Tochigi, north of Tokyo. Honda is investing 43 billion yen ($277 million) in the Pilot Line, about half of which is funded by Japanese government subsidies.
Otsu said Honda will begin operating a pilot line in January, with the goal of reducing battery size by 50 percent, weight by 35 percent and costs by 25 percent from current levels over the next half decade.
Honda plans to increase its annual EV production to more than 2 million units by 2030. It targets a global sales ratio of 40 per cent for EV and fuel cell vehicles in 2030 and 100 per cent in 2040.
Also read: As Tesla plans to launch robotaxi, EV maker wants to ease US regulations for self-driving cars
Honda's strategic partner Nissan Motor is also developing all-solid-state batteries, aiming to begin operating its pilot line in March.
Otsu suggested the possibility of joint materials procurement, saying, “There may be areas where we can work together.”
Otsu said Honda has “no reason to refuse” external sales of its solid-state batteries if it is mutually beneficial for it and partners.
Toyota Motor, the world's largest automaker by sales, plans to commercialize all-solid-state batteries in 2027-2028 in partnership with oil refiner Idemitsu Kosan. ($1 = 155.2800 yen)
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First publication date: Nov 21, 2024, 10:01 am IST
By: reuters , updated on: November 20, 2024, 10:47 am
Stellantis is introducing the STLA frame platform for versatile vehicle assembly, but Ram electric truck production has been delayed until 2025.
File photo: A view shows the logo of Stellantis at the entrance of the company's factory in Horden, France, on July 7, 2021. Reuters/Pascal Rossignol/file photo (Reuters)
Stellantis said Tuesday it will deploy a new vehicle system that will support assembly of gasoline, hybrid and electric models, but in a sign of how turbulent the electric-vehicle transition is, the automaker also announced plans to ramp up production of Ram electric pickup trucks. Delayed. The Franco-Italian company revealed details about its STLA frame platform, which will support full-size trucks and SUVs. The platform is thought of as a skateboard on which many different types of vehicles can be built, and contains the car's critical electrical and mechanical components.
“Despite all the difficult challenges facing the industry, we remain very focused on the execution of our plan,” CEO Carlos Tavares said in a call with reporters.
Tavares said the automaker is delaying production of its electric RAM pickup from this year to the first half of 2025, citing the need to ensure quality.
“We are facing a tremendous amount of workload,” he said.
Also read: Used EVs save owners on average £1,600 per year compared to petrol models – study
Automakers in Detroit and elsewhere have been accelerating the construction of EV-manufacturing capacity over the past two years, only to find demand growing slower than anticipated.
The decision to focus on platforms that support EVs or incorporate the flexibility for hybrid or gasoline-powered vehicles has divided automakers. Ford Motor has leaned toward selling hybrid vehicles, while General Motors has focused on battery-powered models after investing more in building its own EV platforms.
It says GM will begin offering plug-in hybrids in 2027. Stellantis is primarily offering plug-in hybrids in the US for now, but plans to expand its EV footprint in the coming years, pursuing the goal of 100 percent battery electric car sales in Europe and 50 percent electric passenger cars and light-duty vehicles. Planning to increase sales. Truck sales in the US by 2030.
If US President-elect Donald Trump plans to untangle various incentives around EV production and sales, the global industry will face even more uncertainty over EV demand. Trump's transition team plans to eliminate a $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters last week.
Also read: EV manufacturers want GST cut on electric vehicle batteries and lower charging rates
Some of Stellantis' plug-in hybrids, including the Jeep Grand Cherokee, qualify for half of that credit. The carmaker is facing falling sales in North America, which has historically made big profits from sales of its popular Jeep and Ram vehicles. Tavares changed his management team in an effort to address his high vehicle inventory and declining stock price, and he plans to retire at the end of his contract in 2026. Stellantis shares are down nearly 40 percent this year.
The company announced in 2021 that it would design frame platforms in addition to large, medium, and small foundations to accommodate different vehicles in its lineup. Stellantis said Tuesday that Ram and Jeep vehicles are the first to use the frame version. The company said the battery electric vehicles on frame will have a range of up to 500 miles (805 km) and will offer 14,000 pounds (6,350 kg) of towing capacity. It will also support hydrogen and extended-range electric vehicles.
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First publication date: November 20, 2024, 10:47 am IST
By: bloomberg , updated on: November 19, 2024, 10:32 am
Tesla announced plans to produce large numbers of driverless robotaxis, which lack driver control, from 2026.
Tesla's plans to launch a self-driving robotaxi in 2026 may hit a hurdle as existing US regulations prohibit such vehicles from operating. NHTSA currently allows manufacturers to deploy 2,500 self-driving vehicles per year.
Members of President-elect Donald Trump's transition team have told advisers they plan to make a federal framework for fully automated vehicles one of the Transportation Department's priorities, according to people familiar with the matter.
If the new rules enable cars without human control, it would directly benefit Tesla Inc. Chief Executive Officer and Trump mega-donor Elon Musk, who has become a powerful fixture in the president-elect's inner circle. He has bet the EV maker's future on self-driving technology and artificial intelligence.
Tesla shares traded up more than 8% as of 4:15 a.m. Monday in New York, before the start of regular trading. The stock has risen 28% since Election Day.
Current federal regulations create significant hurdles for companies that want to deploy vehicles without steering wheels or foot pedals in large quantities, which Tesla plans to do. The Trump team is looking for policy leaders for the department to develop a framework for regulating self-driving vehicles, according to people familiar with the matter, who asked not to be named because they were asked to speak publicly. Were not authorized.
While the Transportation Department could issue rules through the National Highway Traffic Safety Administration that would make it easier to deploy autonomous vehicles, an Act of Congress would clear the way for mass adoption of self-driving cars. A bipartisan legislative measure being discussed in the early stages would create federal rules around AVs, the two people said.
Also read: America gave driving to the world! Now he is giving blows to China
He said one candidate under consideration for transportation secretary is former Uber Technologies Inc. executive Emil Michael, who has spoken with Trump's team and potential staffers. He said the work is in the early stages and policy details have not yet been determined.
Republican Representatives Sam Graves of Missouri and Garrett Graves of Louisiana also have been considered to lead the department, the people said.
The transition team did not respond to requests for comment.
Musk announced in October plans to produce large numbers of driverless Tesla robotaxis, which lack driver controls, by 2026. Current US regulations pose significant obstacles to Musk's plans for Tesla Cybercab models, including limits limiting their deployment.
The CEO called for a federal approval process for autonomous vehicles during Tesla's third-quarter earnings call, saying he would use any role with the government to move it forward.
Also read: Ford faces two recall investigations in this country as the carmaker grapples with quality problems
Trump has since nominated Musk and entrepreneur Vivek Ramaswamy to lead a new Department of Government Efficiency to “eliminate government bureaucracy” and reduce spending and regulations deemed overly burdensome.
Previous attempts to introduce federal legislation to regulate autonomous vehicles have failed.
NHTSA currently allows manufacturers to deploy 2,500 self-driving vehicles per year under the waiver, but legislative efforts to increase that number to 100,000 have repeatedly failed.
A bill to do so passed the House several years ago during Trump's first term, but the measure has stalled in the Senate. Efforts to merge the bill with other laws during the first year of the Biden administration failed when some makers tried to include language that would prevent consumers from suing or creating class-action cases.
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First publication date: 19 November 2024, 09:27 AM IST
By: HT Auto Desk , updated on: November 18, 2024, 09:56 am
To deal with the rising pollution levels, Delhi NCR is currently under GRAP Phase 4 which restricts the movement of certain vehicles.
Thick layer of smog on NH24 near Akshardham Temple in New Delhi. The national capital along with neighboring cities is under GRAP Stage 4 restrictions that ban movement of certain vehicles to reduce pollution levels. (HT_PRINT)
The ban on BS-III petrol and BS-IV diesel cars will continue in Delhi as the restrictions were extended to Stage 4 from Monday (November 18) under the Graded Response Action Plan (GRAP) to tackle rising pollution levels in the Delhi NCR region. Has gone. The air quality index (AQI) in Delhi has crossed the 450-mark for the first time this season and reached the severe plus category as heavy smog blanketed the entire region. GRAP Stage 4 will mean increased restrictions on vehicles, including private cars, that can ply in Delhi NCR during this phase.
The ban on BS-III petrol and BS-IV diesel cars was implemented last week when GRAP Stage 3 came into effect. These vehicles, which do not comply with the existing emission norms, will continue to be banned in the national capital. GRAP Stage 4 has extended the restrictions and now also bans the movement of non-essential commercial vehicles. Here's what is and isn't allowed during this phase, along with what to keep in mind while taking out your vehicles in the Delhi-NCR region from today.
Delhi pollution: Is your car allowed on the road?
GRAP Stage 4 restricts the movement of vehicles that do not comply with the existing emission norms. Under the guidelines, BS-III petrol and BS-IV diesel cars have been banned. However, petrol cars with BS-IV or above and diesel vehicles with BS-V or above certification will be allowed to run without any restrictions. If you have a CNG or electric vehicle, there are no restrictions on movement during this phase.
Also read: How to ensure your vehicle emits less and helps improve AQI – key steps and tips explained
Delhi Pollution: What will happen if you remove BS-III petrol, BS-IV diesel cars?
Delhi Traffic Police has taken action against all vehicles flouting GRAP Stage 3 and Stage 4 guidelines. On Friday, when GRAP Stage 3 restrictions were imposed, police issued traffic challans to 550 BS-III petrol and BS-IV diesel vehicles. The total amount of the fine was more than One crore. Fine will be imposed for not following the current guidelines 20,000. Vehicles which are unfit to run on the road will also be confiscated. Till November 15, the police have seized more than 2200 overage vehicles. These include 260 diesel cars that are more than 10 years old and around 2,000 petrol cars and two-wheelers that are more than 15 years old.
Delhi Pollution: Important documents you should keep with you
Vehicles that are exempted from GRAP Stage 4 restrictions also need to be mindful of certain guidelines. It is necessary to have a valid Pollution Under Control (PUC) certificate to avoid fines. On Friday, Delhi Traffic Police had issued challans to 4,855 vehicles for not having valid PUC certificates. The fine recovered from these vehicle owners is almost equal to 4.8 crores. police will issue challan A fine of Rs 10,000 will be imposed on each vehicle for not having a valid PUC certificate.
Delhi Pollution: Will the odd-even rule return?
Pollution levels in Delhi-NCR have reached peak levels and have forced the state government to consider whether to implement the odd-even rule to further restrict vehicular movement. Agencies like the Indian Biogas Association (IBA) have urged the state government to bring back the rule to check pollution levels. IBA President Gaurav Kedia said, “We recommend implementing the odd-even rule for petrol and diesel vehicles in the coming months to see a positive impact on air pollution levels in Delhi and subsidies on EVs and CNG/ Can be given.” CBG vehicles, as it will force citizens to switch to green fuel options.'' Delhi Environment Minister Gopal Rai will hold a meeting with all concerned departments on Monday to take a decision on this.
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First publication date: 18 November 2024, 09:04 am IST
By: HT Auto Desk , updated on: November 17, 2024, 10:51 am
The 2025 Duster is based on the company's CMF-B platform which also underpins some global models. The company claims that the new platform is
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The 2025 Duster is based on the company's CMF-B platform which also underpins some global models. The company claims that the new platform has helped in increasing space for passengers and luggage space.
Renault Duster is available with a fully hybrid powertrain in the global market,
The 2025 Renault Duster has been unveiled in South Africa in right hand drive form. Interestingly, this is the variant that is expected to come to India as well. The 2025 Duster is expected to be launched in South Africa in March 2025 and the SUV is expected to be launched in India at the same time. The RHD model of the 2025 Renault Duster is identical to the LHD version.
The 2025 Duster is based on the company's CMF-B platform which also underpins some global models. The company claims that the new platform has helped in increasing space for passengers and luggage space. For the Indian model, the CMF-B is expected to be heavily localized to keep prices competitive.
Also read: Will Renault Duster make a comeback in India soon? Spyshot sparks speculation
The length of the 2025 Renault Duster is 4,340 mm, while the wheelbase will be 2,657 mm. This means that while the model is longer than its predecessor, the wheelbase is slightly shorter than that of the older model. Talking about the design, the 2025 Renault Duster gets Y-shaped LED DRLs, a redesigned bumper with vertical air vents and integrated round fog lamps. At the rear, it will have Y-shaped taillights and a revised bumper.
The 2025 Renault Duster has been unveiled in South Africa for the right hand drive market. This model is expected to be launched in 2025 (AutoTraderSA/Facebook)
Meanwhile in terms of features, the 2025 Renault Duster gets a 7-inch digital cluster and a new 10.1-inch central touchscreen. It has wireless Android Auto, Apple CarPlay, Arkamys 3D sound system and navigation with real-time traffic data. Apart from this, the Duster will also get cruise control, 18-inch alloy wheels, automatic climate control, all-4 disc brakes, electronic parking brake, wireless smartphone charger and 6-speaker Arcamis 3D sound system.
2025 Renault Duster: Expected specifications
The 2024 Duster has three engine options in the global market. It has a 1.6-litre petrol engine that comes with two electric motors and an automatic gearbox. The total power output is 140 bhp while the torque output is 148 Nm. Renault is claiming a fuel efficiency of 24.5 kmpl. The battery pack on offer is a 1.2 kWh unit that can be charged using brake regeneration. Furthermore, the engine always starts on electric power.
Next is a 1.2-litre, three-cylinder petrol engine with a 48V electric motor that runs on the Miller cycle. The electric motor assists the combustion engine when the car starts or accelerates and this also helps in reducing the average consumption.
Also See: 2024 Renault Duster breaks cover with bold design, new engine
The regenerative braking system charges the 0.8 kWh battery. This powertrain will be offered in 4×2 and 4×4 versions with a 6-speed gearbox. In India, the Renault Duster is likely to get a 1.2-litre, three-cylinder petrol engine paired with a 48V electric motor. Interestingly, the South Africa model also has 4X4 capabilities.
The global model also gets an LPG option which also runs on petrol. There are two tanks, one for petrol and the other for LPG. The capacity of both is 50 litres. There is a button on the dashboard that changes the type of fuel.
It remains to be seen which engine option will make it to the Indian market. The 2025 Renault Duster will compete in the compact SUV segment with other models such as the Hyundai Creta, Kia Seltos, Maruti Suzuki Grand Vitara, Honda Elevate and others.
Upcoming cars in India in 2024, check out the best SUVs in India.
First publication date: 17 November 2024, 10:51 am IST
For 2025, the powerful, supercharged Hypernaked Z H2 SE will remain available in Metallic Matte Graphensteel Grey/Mirror Coated Black, while the standard model will be available in Emerald Blazed Green/Metallic Matte Graphensteel Grey/Metallic Diablo Black machine.
Check out the upcoming bikes in India.
First publication date: 16 November 2024, 10:53 am IST
By: HT Auto Desk , updated on: November 15, 2024, 10:54 am
Delhi has implemented phase three of the Graded Response Action Plan (GRAP) from November 15 as AQI continues to remain at severe levels in the city.
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Delhi has implemented phase three of the Graded Response Action Plan (GRAP) from November 15 as AQI levels remain severe in the city due to rising pollution.
Delhi has implemented Phase 3 of the Graded Response Action Plan, restricting vehicular movement in the national capital with a complete ban on certain types of cars. (HT_PRINT)
Are you planning to go to office in your car in Delhi today? Beware of vehicle restrictions coming into effect from Friday (November 15) as the national capital continues to be hit by severe pollution levels. The central pollution watchdog has implemented phase three of the Graded Response Action Plan (GRAP) to tackle declining air quality index (AQI) levels in Delhi and imposed several restrictions on vehicles to reduce pollution in the Delhi-NCR region. Are.
Check here if your car is drivable and what kind of vehicle restrictions are in place in Delhi from today.
Delhi pollution: Vehicle ban begins – key things to know
Delhi has imposed vehicle restrictions from 8 am today. GRAP phase three will remain in effect in the city until pollution levels reduce to acceptable limits. During this phase, operation of polluting vehicles will be banned in the city. The restrictions apply not only to commercial vehicles like trucks and buses, but also to polluting private vehicles.
Ban on BS-III petrol and BS-IV diesel cars
For private vehicle owners who still drive BS-III petrol cars or BS-IV diesel cars, the city limits will be lifted these days. Delhi Traffic Police will strictly enforce the GRAP Stage Three guidelines and will take action against any vehicle violating the restrictions. The restrictions will be followed not only in Delhi but also in the surrounding areas like Gurugram, Faridabad, Ghaziabad and Gautam Buddha Nagar. Those found violating the rules will have to pay fine 20,000. All other private vehicles having BS-IVE petrol and BS-VI diesel certification and above will be allowed to ply in the city without any restrictions during this period.
GRAP Phase III: Which vehicles are exempted from the ban
If you have a CNG vehicle or an electric vehicle, there will be no restrictions during GRAP phase three. This exemption has also been given to commercial vehicles like buses running on CNG or electric power. The order issued on Thursday (November 14) also said, “GNCTD (Delhi government) will impose strict restrictions on plying in Delhi, except Delhi-registered diesel-powered medium goods vehicles (MGVs) of BS-III standards or below . “Moving essential goods/providing essential services.”
Delhi Pollution: Carry valid PUC certificate or face fine
Vehicle owners who take their cars out from today will also have to carry a valid Pollution Under Control (PUC) certificate of their vehicles. Delhi Traffic Police has cracked down on vehicles without valid PUC certificate amid rising pollution levels in the city. Till October 31 this year, the police have issued challans to more than 2.70 lakh vehicle owners for violating traffic rules. Not having a valid PUC certificate may result in a fine 10,000.
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First publication date: 15 November 2024, 10:20 am IST
In India NCAP crash tests, Mahindra Thar Rocks scored 31.09 out of 32 for adult safety and 45 out of 49 for child safety.
Mahindra Thar Rocks gets 5 stars in India NCAP crash test.
Mahindra Thar Roxx has scored a perfect 5-star rating in the India NCAP crash test. The recently launched SUV scored 31.09 out of 32 for adult safety and 45 out of 49 for child safety. India NCAP tests the AX5L and MX3 variants of the Thar Rocks. Apart from this, Mahindra XUV400 and 3XO also achieved 5-star crash test rating.
Upcoming cars in India in 2024, check out the best SUVs in India.
First publication date: 14 November 2024, 10:41 am IST
EV penetration improved by 100 basis points (bps) year-on-year, with total EV registrations growing 26 percent year-on-year to 1.1 million units.
The growth in EV registrations was mainly led by the electric two-wheeler segment, while passenger cars recorded a modest eight per cent growth. (AFP via Getty Images)
According to Haitong report, electric vehicle (EV) registrations witnessed a modest growth in October 2024, mainly due to increased festive season demand, leading to strong year-on-year (YTD) growth in EV penetration across all regions. increased.
YTD EV penetration improved 100 basis points (bps) year-on-year (YoY) to 7.6 percent, with total EV registrations increasing 26 percent to 1.1 million units.
This growth was mainly led by the two-wheeler (2W) segment, while the passenger vehicle (PV) segment recorded a marginal growth of 8 per cent.
Also read: Creta, Venue SUV could not save Hyundai India's profit from 16.5 percent decline in Q2 FY25
In October, sequential penetration rates for electric two-wheelers (E2W) and electric passenger vehicles (EPV) increased by 10 bps with YTD growth of 100 bps and 10 bps respectively.
Although the electric three-wheeler (3W) segment saw a monthly decline of around 290 bps in penetration, it maintained a YTD penetration gain of 250 bps.
Strong festive demand led to the highest number of PV EV registrations ever in October, even though penetration in the segment remains relatively low.
The recent surge in rural demand in contrast to the slowdown in urban areas has created short-term pressure on overall EV penetration. However, the upcoming launch of new EV models by major PV original equipment manufacturers (OEMs) such as Tata, Mahindra & Mahindra (M&M) and Maruti Suzuki is expected to increase the adoption rate.
Total E2W registrations in October reached 139,379 units, representing an impressive growth of 118 percent year-on-year. While YTD penetration for E2Ws grew 100 bps YoY, October saw a modest 10 bps monthly gain.
Also read: Tata Motors misses Q2 profit estimates due to weak sales, hopes for festive turnaround
Ola Electric maintained its market leadership with 30 per cent share and regained some of its lost ground last month. Ola registrations grew by 75 per cent year-on-year and 69 per cent month-on-month (MoM), totaling 41,713 units.
TVS regained its second position from Bajaj Auto with 21 percent market share, while Bajaj stood second with 20 percent. TVS experienced a growth of 82 per cent year-on-year reaching 29,964 registrations, while Bajaj's registrations increased by 212 per cent to 28,288 units.
Electric three-wheeler registrations in October reached 67,172 units, up 17 per cent YoY and 11 per cent MoM, reflecting solid growth in demand. YTD penetration in this segment grew by 250 bps year-on-year.
Recommended Watch: This is Maruti's first electric car!
Mahindra & Mahindra (M&M) strengthened its position as the market leader with YTD market share up 50 bps to 9.5 per cent in October.
Bajaj Auto also made significant progress, increasing its YTD market share to 6.3 percent from a negligible share last year.
The EPV segment achieved record monthly registrations in October with 10,752 units, a growth of 70 per cent year-on-year due to the festive season. YTD penetration in the EPV category grew marginally by 10 bps YoY.
Tata Motors retained its position as the market leader with a YTD market share of 63 percent, though this was down from 72 percent last year. MG Motors showed considerable progress and increased its YTD market share from 12 per cent to 20 per cent year-on-year.
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First publication date: 13 November 2024, 09:49 am IST
By: bloomberg , updated on: November 12, 2024, 10:00 am
The EU and China are discussing a solution to the EV tariff war.
The EU and China are discussing a solution to the EV tariff war. (AFP)
The EU is seeing very limited progress in talks with China aimed at finding an alternative to tariffs on electric vehicles, and the bloc sees little chance of a quick deal at the moment, according to people familiar with the matter.
China and the EU will continue technical talks this week after discussions in Beijing where both sides reported some progress.
However, the chances of a deal are slim at the moment, said the people, who spoke on condition of anonymity to discuss private talks. China has not yet moved toward strict EU requirements to ensure that any arrangement is enforceable and matches the impact of anti-subsidy tariffs adopted last month, the people said.
The two sides are exploring an agreement on so-called price undertakings – a complex mechanism to control prices and volumes of exports, which is used to avoid tariffs.
Recent talks have mostly focused on establishing a communication mechanism between Brussels and Beijing, as well as avoiding the risk of so-called cross-compensation, whereby any minimum import price on EVs is offset by hybrid cars and accessories such as are offset by sales of other goods. people said.
The two sides also remain at odds over the possibility of agreements with individual carmakers, including European companies that have joint ventures with Chinese companies. The EU argues that such deals would be consistent with World Trade Organization rules, while Beijing insists on negotiating an umbrella agreement led by a Chinese trade body.
China has threatened to respond to the EV tariffs with tariffs of its own on dairy, pork and brandy. The EU has said it will protect its interests in those cases while opposing linking the investigation to any kind of grand bargain.
Earlier this month, Beijing filed a request with the WTO to hold dispute consultations on EV tariffs. The EU adopted additional fixed tariffs of up to 35% last month and they will remain in place for the next five years without an alternative agreement.
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First publication date: 12 November 2024, 10:00 am IST
By: reuters , updated on: November 11, 2024, 08:03 am
The Saturday night race on a street circuit running along Nevada City's famous strip is on November 23, and a win will win the championship for Worst.
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The Saturday night race on a street circuit running along Nevada City's famous strip is on November 23, and a win would clinch the championship for Verstappen with two rounds remaining.
The Saturday night race on a street circuit running along Nevada City's famous strip is on November 23, and a win would clinch the championship for Verstappen with two rounds remaining. (AP)
When Max Verstappen heads to Las Vegas in pursuit of a fourth consecutive Formula One title, he will be racing around a flooded track his Red Bull team has already simulated about eight billion times.
The Saturday night race on a street circuit running along Nevada City's famous strip is on November 23, and a win would clinch the championship for Verstappen with two rounds remaining.
“We run four billion simulations before we get to the track,” Jack Harrington, head of Red Bull's partnerships group, which works with software giant and title sponsor Oracle, told Reuters.
“And then we take the data from FP1 and FP2 (the first and second exercises) and introduce them into the simulation and run those four billion times again.”
Billions, not millions, he stressed – although there's no need to speculate too much on who will win the title this year, given that Verstappen is 62 points ahead of McLaren's Lando Norris.
“It's always been said that sometimes you have to stick your hand out to see if it's raining in the pitlane, but there are always changes that will surprise you,” Harrington said.
“The more simulations you run, the more things you'll see and the more chance you'll have of being able to react to them efficiently.”
Red Bull uses Oracle's cloud infrastructure to run simulations to hone strategy and be prepared for every situation.
Red Bull is also building its own engine for 2026 and Taylor Newill, senior director of product management at Oracle, said high-performance computing is playing a big role in development simulations there too.
Race simulations are run all year round, but especially when there is a big decision coming up, such as when might be best to take an engine penalty – as Verstappen did in Brazil last weekend when he finished 17th Had raced on the spot.
That wet race was further complicated by accidents, red flags and safety cars.
Red Bull's strategy was risky, with Verstappen staying out during the safety car period after losing to McLaren title rival Lando Norris, but it paid off when the race was stopped due to worsening conditions.
“For more detailed planning of in-event strategy, we will start about two weeks in advance,” said Stephen Knowles, Red Bull senior race strategy engineer.
“Preliminary simulations illustrate a wide range of possible outcomes in terms of tire and car performance, as well as a wide range of possible events and their timing.
“This allows us to plan our weekend and especially our tire usage ahead of time, with the aim of scoring as many points as possible, but also having enough contingency to deal with the unexpected.”
Harrington said using Oracle Cloud Infrastructure (OCI) also has cost and stability benefits as teams operate under tight cost limits.
“We can switch to the cloud before race weekend… run this large amount of simulation, turn the cloud off and turn it on again when we need to do it again,” he said. Explained.
“Whereas before we had to invest in physical things to be able to run these, so it's also much more cost effective for us. Every race-winning strategy call we've made since 2021 has been on OCI.”
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First publication date: 11 November 2024, 08:03 am IST
The National Highway Traffic Safety Administration is asking the company to “re-review its communications” to make sure messages are consistent with user instructions.
The request came in an email sent to the company in May from Gregory Magno, a division chief in the agency's Office of Wrongs Investigation. It was attached to a letter requesting information regarding an investigation into accidents involving Tesla's “Full Self-Driving” system in low visibility conditions. The letter was posted on the agency's website on Friday.
The agency launched the investigation in October after receiving reports of four accidents involving “full self-driving” when Teslas encountered sun glare, fog and wind-blown dust. An Arizona pedestrian was killed in a crash.
Critics, including Transportation Secretary Pete Buttigieg, have long accused Tesla of using misleading names for its partially automated driving systems, including “full self-driving” and “autopilot,” both of which are considered completely ineffective by owners. It is considered autonomous in a way.
The letters and emails raise further questions about whether full self-driving will be ready for use on public roads without human drivers, as Tesla CEO Elon Musk has predicted. Much of the valuation of Tesla's stock depends on the company deploying a fleet of autonomous robotaxis.
Musk, who has previously promised autonomous vehicles, said the company plans to have autonomous Models Y and 3 running without human drivers next year. He said robotaxis without steering wheels will be available in California and Texas in 2026.
A message was sent Friday seeking comment from Tesla.
In the email, Magno writes that Tesla informed the agency in April about offering a free trial of “Full Self-Driving” and emphasized that an owner's manual, user interface and a YouTube video Tells humans that they have to be cautious. Complete control over their vehicles.
But Magno cited seven posts or reposts from Tesla's account on Musk-owned social media platform X, in which Magno indicated that full self-driving is capable of driving itself.
“Tesla's
The posting may encourage drivers to look at full self-driving, which now has the word “supervised” next to it in Tesla materials, so that the system is seen as a “driver or robotaxi” rather than a partial automation/driver assistance system, Which requires constant attention. and intermittent intervention by the driver,” Magno wrote.
For example, on April 11, Tesla reposted a story about a man who drove 13 miles (13 miles) from his home to an emergency room during a heart attack shortly after the free trial began on April 1. Used full self-driving to travel 21 kilometers). The full self-driving version helped get the owner to the hospital “when he needed immediate medical attention,” the post said.
Additionally, Tesla says on its website that the use of full self-driving and Autopilot without human supervision depends on “achieving reliability” and regulatory approval, Magno wrote. But the statement is accompanied by a video of a man driving on local roads with his hands on his knees, along with the statement, “The person in the driver's seat is there only for legal reasons, he is not driving the car himself.”
In the letter seeking information about driving in low visibility conditions, Magno wrote that the investigation would focus on the system's ability to perform in low visibility conditions caused by “relatively common traffic incidents.”
Drivers cannot be told by the car that they should decide where full self-driving can safely operate or fully understand the system's capabilities, he wrote.
“This investigation will consider the adequacy of the feedback or information provided to drivers by the system to enable them to make real-time decisions when exceeding the system's capacity,” Magno wrote.
The letter asks Tesla to describe all visual or audio warnings that drivers receive and that the system is “unable to detect and respond to any low visibility conditions.”
The agency has given Tesla until December 18 to respond to the letter, but the company may ask for an extension.
That means the investigation is unlikely to be over by the time President-elect Donald Trump takes office in January, and Trump has said he will put Musk in charge of a government efficiency commission to audit agencies and root out fraud. Musk spent at least $119 million on Trump's campaign to get elected, and Trump has spoken out against government regulations.
Auto safety advocates fear that if Musk gains some control over NHTSA, full self-driving and other investigations into Tesla could be derailed.
Musk also floated the idea of helping develop national safety standards for self-driving vehicles.
“Of course the fox wants to build a henhouse,” said Michael Brooks, executive director of the Center for Auto Safety, a nonprofit watchdog group.
He said he could not think of anyone who would agree that a business mogul should have direct involvement in the regulations that affect the mogul's companies.
“This is actually a big problem for democracy,” Brooks said.
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First publication date: 10 November 2024, 10:38 am IST
By: reuters , updated on: 09 November 2024, 10:05 am
Nissan is facing criticism for its hybrid strategy, with analysts highlighting its over-reliance on EVs. After huge job cuts and profit forecasts
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Nissan is facing criticism for its hybrid strategy, with analysts highlighting its over-reliance on EVs. The company's stock declined after massive job cuts and a decline in profit forecasts, reflecting ongoing challenges in the competitive market, particularly in the US and China.
Nissan on Thursday cut its full-year operating profit forecast by 70 percent. The automaker completely scrapped its net forecast due to restructuring, which will cut costs by 400 billion yen. (Reuters)
Nissan Motor shares fell 6 percent in Tokyo trading on Friday, a day after the Japanese automaker said it would cut 9,000 jobs and 20 percent of its manufacturing capacity as it struggles with sales in China and the United States. Is struggling.
The stock posted its biggest one-day price drop since August, ending the session at 385.2 yen, just above a four-year low.
Japan's third-largest automaker on Thursday slashed its full-year operating profit forecast by 70 percent and completely scrapped its net forecast due to restructuring, which it said would cost the company in the fiscal year through March. There will be a cut of 400 billion yen ($2.61 billion). Ending.
Also read: Tesla was told to tone down enthusiasm for robotaxi, months before US investigation
Like many global automakers, Nissan is struggling in China where BYD and other domestic rivals are winning market share with affordable electric vehicles and petrol-electric hybrids equipped with advanced software.
Nissan has also been challenged in the US, where it has a shortage of hybrid vehicles because of the huge demand for that type of vehicle.
CEO Makoto Uchida said Thursday that Nissan did not expect the sudden popularity of hybrids in the US and that demand for modified versions of the core model was not as strong as expected.
Also read: Toyota COO criticizes US EV policies, calls for organic growth without mandate
Nissan's restructuring is the latest chapter in a long-running effort to revive its business, which has never fully recovered after ousting former Chairman Carlos Ghosn in 2018 and cutting its partnership with Renault.
On Friday, Economy, Trade and Industry Minister Yoji Muto declined to comment when asked by reporters for his views on possible government support for Nissan.
Recommended Watch: Maruti's first electric car Suzuki E Vitara breaks cover
Tokai Tokyo Intelligence Laboratory analyst Seiji Sugiura placed much of the blame for Nissan's U.S. hybrid situation on management, saying it expected to sell primarily new EVs and conventionally powered models.
Sugiura said, “The company released its mid-term plan this spring, but in the end it made no sense. I think their understanding of the situation is completely wrong.”
Nissan's mid-term plan announced in March included 30 new models over the next three years, increasing global sales to 1 million vehicles, increasing operating profit margins to more than 6 percent by the end of fiscal 2027 and total shareholder returns of 30 percent. It became more. ,
($1 = 153.2000 yen)
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First publication date: 09 November 2024, 10:05 am IST
By: bloomberg , updated on: 08 November 2024, 09:39 am
Stocks in BMW AG and Porsche AG declined on concerns over potential US tariff hikes, with BMW falling 6.8 percent and Porsche reaching a two-year low.
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Stocks in BMW AG and Porsche AG declined on concerns over potential US tariff hikes, with BMW falling 6.8 percent and Porsche hitting a two-year low. German automakers may face challenges from US trade policies amid competition in China and Europe.
During his campaign for the presidential elections, Trump has said that he intends to impose tariffs on foreign-made cars imported into the US in order to protect local jobs. (Reuters)
Shares of German automakers led by BMW AG and Porsche AG fell on concerns that the US might raise tariffs on imported cars after Donald Trump returns to the White House.
BMW, which earlier Wednesday reported disappointing quarterly earnings, fell as much as 6.8 percent in Frankfurt. Porsche, maker of the 911 sports cars, fell to its lowest intraday price since the stock began trading more than two years ago.
Also read: Analysts reduce EV development expectations in America after Donald Trump's return
Additional tariffs would hurt German automakers, which ship more vehicles to the U.S. than any other country. The market is becoming increasingly attractive to them due to strong demand for large sport utility vehicles and a slower shift toward EVs than in Europe, allowing them to sell more of their higher-margin combustion-engine models.
During his campaign, Trump said he planned to impose tariffs on foreign-made cars shipped to the US to protect local jobs.
Mercedes-Benz Group AG declined 4.9 percent. Volkswagen AG fell as much as 4.4 percent.
Also read: Nissan cuts 9,000 jobs, halves CEO salary, here's why
German automakers operate several factories in the US where they produce cars for both local buyers and exports – meaning any European retaliatory measures could compound the damage from the trade dispute.
The conflict with the US would create another problem for the Germans, who already face stiff price competition in China and lower demand in Europe.
“Trump is pursuing a distinctly protectionist agenda that relies on higher import tariffs and more restrictions on international trade,” Clemens Fuest, president of Germany's Ifo economic research institute, said on Wednesday.
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First publication date: 08 November 2024, 09:39 am IST
By: Mainak Das , updated on: 07 November 2024, 10:18 am
The Oben Roar EZ is an electric commuter motorcycle available for booking 2,999.
175 km range promised at ₹89,999, booking starts -175-km-range-booking-open-41730954488006.html” data-item-story-segment = “electric”>
The Oben Roar EZ is an electric commuter motorcycle available for booking for ₹2,999.
175 km range promised for Rs 89,999, booking started”>
The Oben Roar EZ is an electric commuter motorcycle available for booking for ₹2,999.
The Oberon Rohr electric motorcycle has received another edition, now in the guise of the Rozz EZ, which comes as a commuter electric motorcycle. at cost ₹ 89,999 (ex-showroom), the Oberon Roar EZ aims to increase the company's share of the electric motorcycle market in India, where the number of products has been seeing a rise in the past few months. Oben Roar EZ is already available for booking 2,999.
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First publication date: 07 November 2024, 10:18 AM IST
By: HT Auto Desk , updated on: 06 November 2024, 10:31 am
Mahindra Thar is currently available with discounts till 3 Lakhs and short waiting period of up to 3 months.
Mahindra Thar is available with 19 variants in three engine options and three trim levels.
Mahindra Thar has been one of the most popular SUVs in India since its introduction. The three-door lifestyle off-roader received a five-door version in the form of the Mahindra Thar Rocks a few months ago, but that didn't take away from the appeal of the three-door Thar. Since its launch, Thar has been in high demand, with barely any offers or discounts and the longest waiting period in the line-up. But, with the launch of the Thar Rocks, there have been some major changes in the marketing of its three-door sibling, which is actually making the deals better for consumers.
After significantly reducing the waiting period of Mahindra Thar, the domestic auto giant is now offering Discount of Rs 3 lakh on SUV. Interestingly, the amount can be increased further depending on the negotiation skills of the customer. Mahindra Thar Earth Edition, which was introduced as a special edition earlier this year, comes with maximum mileage.
Available in both 4×4 and 4×2 drivetrain layout options, the SUV is priced between 11.35 lakh more Rs 17.60 lakh (ex-showroom), the Mahindra Thar now has a waiting period of up to three months, which is significantly lower than before the launch of the Thar Rocks.
Mahindra Thar: waiting period
There is now a waiting period of up to three months on the 4×4 variants of the Mahindra Thar SUV. Available in both soft-top and hardtop options, the latter has a waiting period of up to three months for the petrol variant, while the diesel model comes with a waiting period of up to two months. The soft-top convertible variant commands a waiting period of up to three months for both petrol and diesel engine variants. There is a waiting period of up to two months for both petrol and diesel engine models of the Mahindra Thar 4×2 variant.
Mahindra Thar: What powers the SUV?
Mahindra Thar 4×4 is available in two engine options. There is also a 2.0-litre turbocharged petrol engine and a 2.2-litre diesel motor. Both these engines are available with transmission options of a six-speed manual gearbox or a six-speed torque converter automatic unit. The petrol engine produces a maximum power of 150 bhp, while the diesel motor produces a maximum power of 130 bhp.
Mahindra Thar 4×2, on the other hand, is available with a 1.5-litre diesel engine mated to a six-speed manual gearbox as standard. There is also a 2.0-litre turbocharged petrol engine available, which is shared with the 4×4 variant. The diesel engine generates maximum power of 116 bhp and maximum torque of 300 Nm. This diesel engine gets a six-speed manual gearbox as standard, while the 2.0-litre turbo-petrol motor is only offered with a six-speed torque converter automatic gearbox.
Upcoming cars in India in 2024, check out the best SUVs in India.
First publication date: 06 November 2024, 10:31 am IST
Toshihiro said India is and will remain a key business area for the company to achieve its growth strategy for fiscal year 2030. Interestingly, in fiscal year 2023, the company achieved revenue of 5.4 trillion yen with sales of 3.2 million cars and 1.9 million motorcycles. Globally, Suzuki is targeting sales of 7 trillion yen in fiscal year 2030, and achieving sustainable growth.
Also read: Maruti E Vitara equipped with off-road technology unveiled for the first time
The focus here is on sustainable development. For FY2029-30, Suzuki has said this will contribute to the achievement of a carbon neutral society and the economic growth of our core business areas, Japan, India and Europe along with emerging countries such as India, ASEAN and Africa. main.
The focus will be on creating solutions that are unique to Suzuki, developing customer-centric products and services and growing with the operating countries and regions.
India's role changing dynamics for Suzuki
One of Suzuki Corporation's key goals for fiscal year 2030 is to achieve significant progress toward carbon neutrality. The company aims to reach carbon neutrality by 2050 in Japan and Europe and by 2070 in India in line with the target dates set by the respective governments.
Additionally, the company also plans to grow in other regions such as Africa, Latin America, and Southeast Asia. Central to this goal is Suzuki's electric vehicle (EV) strategy, which includes plans to introduce six EVs in Japan and India and five in Europe by fiscal 2030. This transformation begins with the Suzuki E Vitara, the brand's first electric vehicle.
Suzuki had earlier announced a lineup of five EVs, which included the Maruti Suzuki E Vitara, WagonR, FrontX and two other models, starting with the E Vitara. Notably, production of the Suzuki e Vitara will begin at Suzuki Motor Gujarat (SMG) by spring 2025, with plans for export to global markets.
Here's your first look at the e Vitara, Maruti Suzuki's all-electric offering, which will be manufactured at the company's Gujarat facility.
To support its BEV production, Suzuki has committed to invest Rs 3,200 crore to add fourth production line at SMG plant. With this expansion, the annual production capacity of the plant will increase from the current 7,50,000 units to 10 lakh units by FY 2026.
Additionally, Suzuki plans An investment of Rs 3,500 crore to set up a second facility at SMG, which will add another one million units annually by FY2029. This expansion will ultimately increase SMG's total production capacity to two million units annually, supporting Suzuki's ambitious global growth and sustainability goals.
Suzuki's technology strategy for carbon neutrality
In addition to increasing production, Suzuki Corporation has outlined a comprehensive technology strategy for the next decade aimed at achieving its carbon neutrality goals. This strategy focuses on reducing energy consumption through three main concepts: genba, genbutsu, genjitsu (visit the site, make direct observations and determine the facts), sho-sho-kei-tan-bi (small, less, light, small), beauty) and yaramika (to challenge).
Toshihiro highlighted that the company's electric vehicle (EV) strategy will be guided by the principles of Sho-Sho-Kei-Tan-Bi, which emphasizes the production of compact, efficient and resource-conscious vehicles. This philosophy drives the development of EVs with streamlined, highly efficient motors and lightweight batteries, ultimately maximizing energy efficiency while minimizing environmental impact.
Suzuki revealed in its presentation that it plans to bring 5 EVs to market by 2030, including a production-spec EVX.
Furthermore, Suzuki's commitment to energy efficiency extends to the entire vehicle life cycle. At the heart of this approach is the concept ofkeiOr density. According to Toshihiro, Suzuki cars are about 200 kg lighter than typical European, Indian or Japanese cars.
Also read: Suzuki unveils sustainability roadmap: Focus on lighter cars, EVs. check details
This reduction in weight translates into a 6 percent reduction in energy required for driving, 20 percent less energy for manufacturing and less resource use overall, significantly cutting CO2 emissions and contributing to a more sustainable future. This is in line with Suzuki's ambition to do so.
Multidimensional approach key to sustainability
While EVs are a central focus, Suzuki's sustainability strategy covers a wide range of initiatives. The company is actively developing vehicles designed for high-efficiency internal combustion engines, advanced driver assistance systems and streamlined recycling and disassembly, with the aim of reducing its overall environmental footprint.
Suzuki Corporation understands that a “one size fits all” approach to electric vehicles (EVs) is not practical for global markets. According to Toshihiro, the company plans to diversify its investments not only into battery EVs but also hybrids and internal combustion engines. ICE) which operate on alternative fuels like CNG, biofuel and ethanol. This multi-pronged approach enables Suzuki to offer tailored solutions that maximize performance and energy efficiency in different markets.
Also See: Maruti unveils eVX EV concept at Auto Expo 2023
Suzuki's commitment to regional carbon neutrality goals aligns with its mission to expand customer choice and provide products and services that meet specific regional needs. By addressing environmental impact across various technologies, Suzuki aims to support sustainable mobility and meet the unique demands of each market.
Brand perspective is changing
Toshihiro sees Suzuki's future as a “lifestyle infrastructure company”, playing an integral role in revitalizing economies by addressing daily mobility needs through initiatives such as infrastructure development and next-generation mobility solutions.
The company is dedicated to providing high-value products and services that make it essential for both people and society. According to Toshihiro, this mission includes a strong commitment to the achievement of carbon neutrality and a sustainable future, positioning Suzuki as a major contributor to social and environmental progress.
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First publication date: 05 November 2024, 10:25 AM IST
By: HT Auto Desk , updated on: 04 November 2024, 09:14 am
In Delhi, action is being taken against vehicles without valid pollution-control certificates. What is the fine? Check here…
An anti-smog gun is being used to spray water droplets to prevent air pollution in New Delhi. (Arvind Yadav/Hindustan Times)
Attention drivers of Delhi. Driving a car or two-wheeler without a valid pollution-under-control certificate (PUC) will attract heavy fines. And while it has always been mandatory for a vehicle to have a valid PUC, with rising pollution levels in the capital city, the checks have become much more stringent in recent weeks.
According to a recent statement issued by the Commission for Air Quality Management (CAQM), around 54,000 vehicles were fined between October 15 and October 31 for not having a valid PUC. There is a provision of fine for such crime. 10,000 and the vehicle may also be confiscated.
Also read: Is your car suffocating you? Five tips for driving a clean car
CAQM also reported that in the two weeks ending October 31, fines were imposed on about 3,900 vehicles that had exceeded their allowable age limit for operation. In Delhi-NCR, there is no ban on petrol vehicles older than 15 years and diesel vehicles older than 10 years. Permission to operate has been granted. This is primarily to ensure that older vehicles that emit more pollutants are kept off city roads.
Also read: Is it appropriate to ban old diesel-petrol vehicles?
Pollution level increases once again in Delhi
Delhi AQI or Air Quality Index has once again reached dangerous levels. Many factors contribute to the city's toxic air ahead of the winter months. From stubble burning and weather conditions to vehicle emissions, all are often blamed for the mix of the deadly PM2.5 and PM 10 cocktail.
While the Central and Delhi governments are encouraging the use of clean-energy vehicles and use of public modes of transport, they are also committed to ensuring that polluting vehicles are kept away. Additionally, the AAP government in Delhi has launched 'Signal On'. Vehicle The 'Off' campaign urges motorists to switch off vehicle ignition until the signal turns green at traffic intersections.
In the past, Delhi has also used a traffic-rationing system called the odd-even traffic rule. However, its success has been a matter of debate because while many say it keeps traffic congestion away, others say it has no positive impact on pollution levels. Critics also argue that it causes more inconvenience to local people.
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First publication date: 04 November 2024, 09:13 AM IST
By: HT Auto Desk , updated on: 03 November 2024, 09:41 am
The first Royal Enfield electric motorcycle will take design inspiration from the Flying Flea which was used in World War II.
The first Royal Enfield electric motorcycle may look like it has taken inspiration from the brand's existing Classic range of motorcycles, but the production model will come with an entirely new design philosophy.
Indian motorcycle manufacturer, Royal Enfield is all set to take on the electric vehicle wagon with its first electric motorcycle. The electric bike will be unveiled tomorrow, November 4, at EICMA 2024.
While the company has had several teasers of the upcoming electric motorcycle, one thing the brand has focused on with the teaser is comparing the upcoming bike to the Flying Flea motorcycle that played a big role in World War 2. Keeping in mind that the brand has also filed a nameplate patent of the same name, they could call the electric motorcycle “Flying Flea”.
Also read: Royal Enfield has once again teased the electric motorcycle before its debut. Main expectations
Royal Enfield electric motorcycle: what to expect
Earlier in October, the first Royal Enfield electric motorcycle was spotted being driven by Royal Enfield Managing Director Siddharth Lal in Barcelona. Royal Enfield will enter the EV segment with a city motorcycle instead of an electric adventure tourer. In the teaser, the motorcycle can be seen being dropped with a parachute.
The first Royal Enfield electric motorcycle may look like it has taken inspiration from the brand's existing Classic range of motorcycles, but the production model will come with a completely new design philosophy, creating an entirely new perception of the brand. Will do.
Royal Enfield's first electric motorcycle will borrow some cycle parts from other ICE-powered motorcycles that are in the brand's lineup. (mcn)
From the spy shots, it is quite clear that some of the cycle parts like the LED headlamp, LED turn indicators, adjustable brake lever and switchgear will be taken from other ICE-powered Royal Enfield motorcycles. Other parts worth noting are the circular instrument cluster which will have a TFT screen and may be shared with the Guerrilla 450 and Himalayan 450. However, it will be modified to show information related to EVs. The front has girder forks which were again used on the Flying Flea.
Also See: Super Meteor vs Interceptor: Which Royal Enfield 650cc bike should you choose
At present, there is no information about the range, specs and battery size of the upcoming electric motorcycle. But considering the size and slim design, it is expected that Royal Enfield will present it as a city motorcycle. There should be fast charging on offer and it looks like the battery pack will not be removable.
Additionally, the upcoming Royal Enfield electric motorcycle is expected to be the most expensive product in the brand's entire portfolio. Royal Enfield has not revealed anything about the pricing strategy of its upcoming electric motorcycle. However, considering the high cost of the battery pack and the premium positioning of the EV, it will be an expensive motorcycle.
Check out upcoming EV bikes in India.
First publication date: 03 November 2024, 09:41 AM IST
The German automotive sector condemned the recent tariffs, calling them harmful to business and employment.
Germany voted against the additional tariffs and has urged both Beijing and Brussels to find a compromise. (AFP)
The German government on Wednesday urged the EU and China to reach a compromise, a day after Brussels announced additional tariffs on Chinese-made electric cars.
“Both Brussels and Beijing are being urged to find sustainable and creative solutions through ongoing dialogue,” said Stefan Habestreit, a spokesman for Chancellor Olaf Scholz, in Europe's biggest economy, whose key auto industry is beset by problems. .
Germany voted against additional tariffs, measures which Habestreit said would “naturally draw a reaction from the Chinese side”.
Also read: Chinese EV makers see decline in EU sales as tariff dispute deepens
“These kinds of trade disputes are not something we should even aspire to,” he told a news conference.
New tariffs of up to 35 percent were announced by the European Commission on Tuesday after an EU investigation found that Chinese state subsidies were undermining European automakers.
Beijing said on Wednesday it had filed a complaint with the World Trade Organization, with China's commerce ministry vowing to “take all necessary measures to firmly protect the legitimate rights and interests of Chinese companies.”
Negotiations are ongoing between the EU and China and the tariffs could be lifted if both sides reach a satisfactory agreement.
Suggested Watch: Volkswagen Virtus crosses 50,000 sales mark in India but what made it so popular?
On Tuesday, Germany's Automotive Industry Association, which represents car giants such as Volkswagen, BMW and Mercedes, called the tariffs “a step backward for free global trade and thus a step back for prosperity, job protection and growth in Europe.” told.
Volkswagen warned on Wednesday that “painful” cuts were on the way as it announced a fall in third-quarter profits due to falling sales in China, its biggest market.
At least three German VW plants are at risk and thousands of jobs at the namesake brand could be lost, labor representatives said this week.
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First publication date: 02 November 2024, 10:02 am IST
