Will a Tesla owner buy a Tesla again? Here’s what survey finds

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By: HT Auto Desk
| Updated on: 12 Apr 2024, 07:00 AM

  • Tesla enjoys a massive following the world over and many of its offerings find a place in the list of top most-selling EVs in the world.
Tesla
File photo of Tesla Model S electric vehicles. (REUTERS)

Even though the growth in sales of electric vehicles (EVs) is slowing down the world over, Tesla can perhaps rely on a majority of its existing buyers to once again buy a car from the brand. At least this is what 87 per cent of current Tesla owners in the US said in a survey conducted by Bloomberg Intelligence.

Tesla enjoys a massive cult following in markets where it has a presence. And while early adopters and affluent buyers are now making way for more gradual – and cautious – EV buyers, many of those who drive a Tesla appear happy with their ride. A brand loyalty of 87 per cent is impressive considering that Lexus finds itself second in the survey results with 68 per cent existing owners saying they would return to the Japanese brand. Toyota is third at 54 per cent.

The survey also found that 81 per cent of potential Tesla owners are those making their way in from a rival EV brand. The survey had 1,000 adult respondents who confirmed they had plans of either buying or leasing a new car within a year. The report observed that 42 per cent of those surveyed were willing to buy a fully-electric vehicle while 23 per cent were willing to purchase a hybrid. “Tesla, GM, and Stellantis’ slew of affordable EV models, set for debut by 2026, may tap more mass-market buyers,” said Steve Man, global lead director for auto & industrial market research at Bloomberg Intelligence and the lead author of the report. “Despite this, the market still has a long way to go to mature, with charging network inadequacy, range anxiety, and extended charging wait times topping the list of concerns for all car buyers.”

Tesla EVs like Model 3 and Model S are extremely popular in markets such as the US and China, and repeatedly find a place in the list of most-sold EVs in the world, as well as most-sold vehicles overall.

First Published Date: 12 Apr 2024, 07:00 AM IST

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Tesla electric cars coming to India. Elon Musk spills the beans on timeline

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By: HT Auto Desk
| Updated on: 09 Apr 2024, 07:10 AM

  • Tesla is scouting locations for setting up its manufacturing plant in India.
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Tesla is scouting locations for setting up its manufacturing plant in India. (AFP)

The biggest news in the Indian automotive space in the last few days was that Tesla is scouting locations for its India manufacturing facility. Three states of the country, namely Maharashtra, Gujarat and Tamil Nadu are reportedly on the radar of the electric car giant. Telangana government is also said to be in talks with Tesla for the plant. We have also reported earlier that, Tesla has already started production of cars in a limited number for the Indian market at its Gigafactory in Berlin. Also, previously Tesla India Motor and Energy Pvt Ltd leased office space in Pune, marking its first official presence in India.

HT has reported that Tesla’s CEO Elon Musk said that it is going to be a natural progression for his company to provide electric vehicles in India. However, he didn’t reveal which models would be the first to reach Indian shores officially. We can expect the Model 3 and Model Y, two of the automaker’s most popular EV offerings to be introduced to the country initially, while the other models too would be launched here gradually.

Meanwhile, the auto company has pulled the plug on plans for its most affordable car project, which could have been a perfect model for the Indian market. Instead, Tesla now plans to focus and invest in robotaxis. This comes after it was reported that Tesla was searching for a location to set up its factory in the country.

Tesla setting up its manufacturing facility in India could mean the electric car manufacturer will invest somewhere between $2 billion to $3 billion in the country. The Indian manufacturing facility of the OEM will not only cater for the Indian market but the overseas demand as well. What’s more important is that this would be a major leap for the Indian electric vehicle industry as well as the local manufacturing sector.

First Published Date: 09 Apr 2024, 07:10 AM IST

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Tesla’s Giga Berlin plant kicks off production for Indian market

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By: HT Auto Desk
| Updated on: 04 Apr 2024, 06:42 AM

  • Tesla has started production of right-hand drive electric cars in its Giga Berlin plant focusing on the Indian market.
Tesla Model 3
Tesla has started production of right-hand drive electric cars in its Giga Berlin plant focusing on the Indian market. (REUTERS)

Tesla has kicked off production for India-bound electric cars at its Giga Berlin facility, claims an HT report. The electric car manufacturer has started producing right-hand drive cars for the Indian market in its Berlin factory and hopes to have them on the roads of this country by the end of 2024, the report has stated quoting a person familiar with the OEM’s plans. Produced in a small number, these electric cars would be used as test prototypes in the Indian environment. However, the person didn’t reveal which models of the auto company are being produced as the Indian market-spec right-hand driver versions. Expect the EVs like Model 3 and Model Y to reach Indian shores.

Interestingly, this news comes immediately on the heels of the report that Tesla is sending a team to India in the third week of April to scout for locations to set up its manufacturing facility in the country. The OEM is reportedly planning to set up its India plant with an investment of about $3 billion.

The report stated that Tesla is working on its India plan in two dimensions, export and manufacturing dimensions. This comes after the Indian government announced its new EV policy in March this year, in which the customs duties for importing electric cars were reduced to boost electric mobility in India as well as local manufacturing. Also, this policy mandated that the OEMs could enjoy lower customs duty only if they set up manufacturing facilities in India with a certain level of investment. The Indian government linked the policy to a simultaneous manufacturing investment commitment above a certain threshold, within a specified period, and with a strong localisation of the supply chain as well.

In November 2023, it was reported that Tesla was working on its proposed most affordable car, which is likely to be a two-door sedan or SUV, which is specially focused on the Indian market. This affordable EV is meant to debut in Germany and India will be the second market for the car. This electric car is meant to be manufactured in Giga Berlin only. However, with the Indian market in focus, it will be later produced in Tesla’s intended India manufacturing plant as well.

Tesla is reportedly considering Gujarat, Maharashtra and Tamil Nadu for its intended India manufacturing plant site, primarily because these are coastal states with major ports, which will allow Tesla to export the cars produced locally in the country to overseas markets. The report further stated that Tesla will possibly make the largest foreign direct investment in India, including a direct and immediate investment of $3 billion to produce its most affordable new small car. Besides that, there would be a $10 billion commitment from its other partners to support this manufacturing ecosystem in the country, and a cumulative $15 billion in the battery industry ecosystem as well.

First Published Date: 04 Apr 2024, 06:42 AM IST

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Indian EV market likely to see large-scale Chinese invasion, claims study

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By: HT Auto Desk
| Updated on: 24 Mar 2024, 17:20 PM

A study by the Global Trade Research Initiative (GTRI) stated that the Indian government’s push for electric vehicles may result in large-scale entry

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A study by the Global Trade Research Initiative (GTRI) stated that the Indian government’s push for electric vehicles may result in large-scale entry of Chinese companies into the country’s domestic market. (REUTERS)

The Indian government has been pushing hard for electric mobility over the last few years. As part of its commitment towards carbon neutrality, the Indian government has been encouraging the automakers to thrive for electric vehicles, which will help reduce the country’s vehicular emissions. However, this push to boost the domestic manufacturing of electric vehicles may result in large-scale entry of Chinese automakers into the Indian domestic market, claimed a report by the think tank Global Trade Research Initiative (GTRI).

The findings come at a time when the global automobile industry is witnessing a massive rise in Chinese auto companies, which are aggressively thriving to grab the electric vehicle markets across different continents with their affordable offerings, aided by substantial support from the Chinese government. Speaking about the projection, GTRI has said that China’s automotive industry, buoyed by substantial state support, has grown rapidly in electric vehicle technology, making it a major exporter of EVs and related components.

Watch: BYD Seal EV launched in India: Worry for Hyundai Ioniq 5, Kia EV6?

The report also stated that the renewed policy push to make India a hub for electric vehicle manufacturing and efforts of the private sector will result in a sharp increase in dependence on auto component imports from China. Interestingly, India’s auto component imports were $20.3 billion in 2022-23 and about 30 per cent of it came from China. As electric vehicles are getting greater focus in India, the auto component imports from China may increase further because it has a greater hold over the EV components’ global supply chain, the report said.

Currently, China has 75 per cent of the world’s battery production capacity and battery packs account for 40 per cent of the total sticker price of an electric vehicle. China also accounts for more than 50 per cent of global electric vehicle production and exports to markets around the world. While making projections about the Indian electric mobility scenario, the report said that in the next few years, every third electric vehicle and many passenger and commercial vehicles on Indian roads could be those made by Chinese auto companies. These could be directly by the Chinese OEMs or through joint ventures with Indian companies.

The report also stated that entry to the Indian market could provide a major relief to Chinese companies, as their exports to the European Union and the United States are declining owing to anti-subsidy probes and increased trade restrictions over the export of subsidised cars and EV batteries. Interestingly, this projection comes on the heels of the introduction of JSW MG Motor India, a joint venture between China’s SAIC and Indian conglomerate JSW Group. Forming the JV, the two companies announced that under the JSW MG Motor India, there will be an investment of ₹5,000 crore in India to enhance the production capacity locally. Also, the company aims to launch one new car in India every three to six months starting in September 2024.

First Published Date: 24 Mar 2024, 17:20 PM IST

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Mahindra, Ola Electric welcome new EV policy to invite global brands to India

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  • The Centre has approved a new EV policy that is expected to lure foreign brands like Tesla to invest and manufacture in India.
Ola Electric
Indian auto manufacturers like Ola Electric believe that the new EV policy approved by the Centre will help India become the global EV hub of manufacturing and technology.

Indian electric vehicle manufacturers have welcomed the Centre’s decision to lower import taxes to invite foreign EV makers to invest in India and manufacture locally. On Friday (March 15), the Centre had approved a new EV policy which opened the gate for global EV brands to launch in India with the condition to invest a minimum of ₹4,150 crore and deadline of three years to start manufacturing locally. For India, aiming to be the next global hub for electric vehicles, the new policy could see a number of prominent companies like Tesla launching here soon.

India’s largest electric two-wheeler manufacturer Ola Electric and Mahindra, which plans to launch as many as five electric vehicles in India in the next few years, welcomed the Centre’s move. The Centre has promised to reduce EV import duties to 15 per cent for foreign carmakers if they fulfil the government’s condition on investments and local manufacturing. The policy says the imported EV prices should not exceed $35,000 (roughly converted to around ₹29 lakh). The condition restricts foreign EV makers to import no more than 8,000 electric cars to India in a year.

Mahindra and Mahindra issued a statement welcoming the new EV policy, It read, “The recently announced EV policy for new entrants reinforces the Make in India momentum, with requirements of bank guarantees, minimum investment commitment, and local value addition. This will help accelerate the EV ecosystem in India.” The carmaker, known more for its SUVs in India, currently offers XUV400 as the only EV in its lineup. Mahindra also said that first of its upcoming Born Electric SUVs is scheduled for India launch in January next year, most likely during the second edition of Bharat Mobility Global Expo.

Ola Electric too welcomed the new EV policy, calling it a ‘progressive decision’ to lower EV import duties. Bhavish Aggarwal, CEO and founder at Ola Electric, took to social media and said, “This is a win for the Make In India initiative & strengthens our manufacturing ecosystem, propelling India towards a greener future. India will become the global EV hub of manufacturing and technology.” Ola Electric sells the likes of S1 Pro, S1 Air and S1 X electric scooters in India.

Also Read : As India opens door for global EV makers, check out which brands are expected to launch soon

Among global EV makers aiming for a India launch soon, Vitenam-based EV startup VinFast has also reacted to the new EV policy. Pham Sanh Chau, CEO of VinFast India, issued a statement saying, “We highly value the Indian Government’s new EV scheme as it aims to drive large investments in manufacturing, create competencies and upskilling, set up a robust supply chain and offer consumers world-class, zero tailpipe emission vehicles. With a long-term growth commitment in India, we have pledged an expenditure of $500 million.” VinFast is currently setting up an electric vehicle manufacturing facility in Tamil Nadu. It plans to manufacture electric SUVs locally.

The new EV policy is seen as an opportunity for global EV brands like Tesla to launch in India. In fact, Tesla has been the most active among global brands to lobby for a lower EV import duty in India. The efforts, despite Indian EV manufacturers like Tata Motors demanding level-playing field for all, bore fruits finally. Tata Motors is yet to come out with an official statement on the new policy. However, the Centre has put certain conditions that will help to promote local manufacturing as well as bring in foreign carmakers to turn India into a new global EV hub.

First Published Date: 18 Mar 2024, 16:29 PM IST






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Hyundai Creta EV spotted in wild, likely to get 360-degree camera and ADAS

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By: HT Auto Desk
| Updated on: 17 Mar 2024, 14:20 PM

  • Hyundai Creta EV is expected to share a host of design elements with the ICE variant of the midsize SUV.
Hyundai Creta EV
Hyundai Creta EV is expected to share a host of design elements with the ICE variant of the midsize SUV. (Image: Autospy)

Hyundai Creta EV has been in discussions among Indian electric vehicle enthusiasts even before the updated version of the mid-size SUV entered the market in January this year. Now, the Creta EV has been spotted in the wild in South Korea in a fresh spy shot image. A fully camouflaged test mule of the Hyundai Creta EV has been spied, giving us a clue about the possible design elements of the electric SUV.

The latest spy shot of the upcoming Hyundai Creta EV shows the SUV gets an identical LED daytime running light (DRL) spanning the entire width of the front profile. Also, it looks like the car will have similar styling elements including LED projector headlamps as the ICE variant of the Creta, which is currently on sale in India. However, being an electric car, it would feature a closed panel instead of a conventional radiator grille visible in the newly launched Creta facelift. The spyshot also reveals the electric Creta gets 17-inch aero-designed alloy wheels, which is specifically meant for the EV and comes as the most distinctive change compared to the ICE variant.

Watch: Hyundai Creta facelift review: Major step-up for the SUV king

The Hyundai Creta EV is expected to come with repositioned brand log, front-fender mounted charging port. Also, there will be a smoothened bumper with tweaked radiator grille. Expect the electric SUV to feature design tweaks at side and rear profile as well.

Speaking about features, the Hyundai Creta EV is expected to come equipped with a large touchscreen infotainment system with EV-based user interface, an all-digital instrument cluster with new graphics, revamped centre console. Also, there would be a 360 degree surround camera and Level 2 ADAS suite. The front camera is visible at the centre of the nose section at front profile.

The South Korean automaker is tightlipped about the specifications of the upcoming electric car. However, expect it to come offering about 450 kilometre range on a single charge thanks to 55-60 kWh battery pack.

First Published Date: 17 Mar 2024, 14:20 PM IST

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BYD Seal vs Hyundai Ioniq 5: Which premium EV to go for

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BYD Seal vs Hyundai Ioniq 5: Which premium EV to go for

2023 hyundai ioniq 5 se standard range

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By: HT Auto Desk
| Updated on: 07 Mar 2024, 18:57 PM

BYD Seal is the newest electric car in the Indian market and at its price points, will rival Hyundai Ioniq 5. The Seal EV will be offered with two pow

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BYD Seal vs Hyundai Ioniq 5
BYD Seal is the newest electric car in the Indian market and at its price points, will rival Hyundai Ioniq 5. The Seal EV will be offered with two powertrains and three variant options.

BYD, the Chinese EV giant, has made waves in the global market by surpassing Tesla as the largest EV maker worldwide. This remarkable achievement is credited to the cutting-edge technology found in BYD vehicles, particularly the revolutionary ‘blade battery’ tech, coupled with their competitive pricing. Recently, BYD took the Indian market by storm with the launch of its Seal, touted as a performance EV, at an unexpectedly competitive price point. Priced at ₹41 lakh ex-showroom, the Seal garnered immense interest, with over 200 bookings within just two days of its launch.

While the BYD Seal offers an enticing value proposition, brand recognition plays a crucial role in the Indian market. This is where the Hyundai Ioniq 5 comes into play. Priced similarly to the Seal, the Ioniq 5 benefits from the strong brand awareness of Hyundai and its extensive sales network, giving it an edge in the market.

To provide a comprehensive comparison between the BYD Seal and the Hyundai Ioniq 5, let’s delve into their pricing, specifications, range, and features.

2023 hyundai ioniq 5 se standard range

BYD Seal vs Hyundai Ioniq 5: Specifications

BYD Seal has been launched in India in three variants. First up is the base Dynamic variant, boasting a 61.44 kWh battery pack and a rear-wheel drive setup. With 201 bhp and 310 Nm of torque under the hood, this variant promises an impressive range of 510 kilometres on a single charge.

Moving up the ladder, the BYD Seal Premium comes equipped with an 82.56 kWh battery and retains the rear-wheel drive configuration. Packing a punch with 308 bhp and 360 Nm of torque, this variant offers the longest range of the trio, reaching up to 650 kilometres.

Also Read : BYD Seal EV launched in India at ₹41 lakh, gets up to 650 km of range

For those craving even more power, the top-of-the-line BYD Seal Performance variant delivers with its 82.56 kWh battery and all-wheel drive system. Generating a whopping 523 bhp and 670 Nm of torque with a slightly reduced claimed range of 580 kilometres.

The Dynamic variant capable of reaching 85 per cent charge in 37 minutes when plugged into a 110 kW charger. The Premium and Performance variants, on the other hand, can handle even faster 150 kW chargers.

On the other end of the spectrum, the Hyundai Ioniq 5 from Korea boasts a 72.6 kWh battery pack and an axle-mounted single electric motor producing 214 bhp and 350 Nm of torque. Hyundai claims an impressive charging time from 10-80 per cent in just 18 minutes using a 350 kW DC charger.

BYD Seal vs Hyundai Ioniq 5: Range

The larger battery size of the Seal has proven to benifial, offering impressive advantages across its range. The Dynamic variant boasts a claimed range of 510 km and can accelerate from 0-100 kmph in just 7.5 seconds. Stepping up to the Premium Range, drivers can expect even more exhilarating performance, with a 0-100 kmph acceleration time of 5.9 seconds and a claimed range of 650 km.

For those seeking the ultimate in performance, the Seal Performance variant delivers with a claimed range of 580 km and quick acceleration from 0-100 kmph in just 3.8 seconds.

Watch: Hyundai Ioniq 5 Review: First Drive Impressions

On the other hand, the Hyundai Ioniq 5 offers a competitive range of up to 630 kilometres, making it pretty comparable to the Seal’s Premium Range.

BYD Seal vs Hyundai Ioniq 5: Features

Step inside the BYD Seal, and you’ll be greeted by a three-spoke multi-function steering wheel, a digital driver’s display, and a touchscreen infotainment system that can rotate to suit your viewing angle. The EV also boasts a panoramic sunroof, a 360-degree camera, ventilated seats, wireless charging, and Level 2 ADAS features for a truly futuristic driving experience.

On the other hand, Hyundai’s electric crossover is no slouch in the features department either. Featuring a spacious interior with a 12.3-inch digital console and touchscreen infotainment system with wireless Apple CarPlay and Android Auto along with over 60 features of connected car technology and Bose sound system. It also gets dual-zone climate control, leather upholstery, ventilated seats with memory function, and more.

BYD Seal vs Hyundai Ioniq 5: Price

The BYD Seal pricing ranges between ₹41 lakh and ₹53 lakh (ex-showroom). The Dynamic and Premium variants of BYD Seal make it the most affordable option among the two EVs in this comparison. The sole variant of Hyundai Ioniq 5 is priced at ₹46 lakh (ex-showroom).

First Published Date: 07 Mar 2024, 18:57 PM IST

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BYD Seal vs Hyundai Ioniq 5: Which premium EV to go for

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Volvo XC40 Recharge price, single motor, E40, Plus, features, range, battery, EV, charging and performance

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Volvo XC40 Recharge price

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Single motor variant of the XC40 Recharge has a power output of 238hp, WLTP range of 475km.

Volvo has launched a new variant of the XC40 Recharge with a single motor mounted to the rear axle. Officially called the E60, the variant is dubbed the ‘Plus’ on the Volvo India website and is priced at Rs 54.95 lakh, ex-showroom, India. It is positioned below the dual-motor, AWD XC40 Recharge E80 (Ultimate) that’s priced at Rs 57.9 lakh, ex-showroom, India.

  1. Equipped with a 69kWh lithium-ion battery
  2. 0-100kph in 7.5 seconds 
  3. Misses out on Harman Kardon system and 360-deg camera

Volvo XC40 Recharge E60 single motor features

The E60 single-motor variant loses out on some features compared to the dual-motor model such as Pixel LED headlamps, fog lamps, 360-deg camera and a Harman Kardon sound system. That being said, the E60 variant gets features such as an 8-speaker sound system, two-zone climate control, a 12-inch digital driver’s display, a 9-inch infotainment unit, TPMS, park assist, 19-inch alloy wheels, panoramic sunroof, powered front seats and wireless phone charging to name a few.

However, being a Volvo, it continues to get a raft of safety features like 7 airbags and an ADAS suite that includes lane keep assist, adaptive cruise control, cross-traffic alerts and rear collision warning.

Volvo XC40 Recharge E60 single motor powertrain, battery and range

The Volvo XC40 Recharge E60’s power output stands at 238hp and 420Nm, which allows the SUV to complete the 0-100kph sprint in 7.3 seconds and reach a limited top speed of 180kph. The single motor variant gets a 69kWh Lithium-ion battery pack that has a WLTP range of 475km.

Volvo XC40 Recharge E60 single motor rivals 

The Volvo XC40 Recharge E60 single motor rivals other RWD EVs such as the recently launched BYD Seal Dynamic (Rs 41 lakh) and Premium (Rs 45.55 lakh), Hyundai Ioniq 5 (Rs 45.95 lakh) and the Kia EV6 GT Line (Rs 60.95 lakh).

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Tech giants and their automobile dream: Status report

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Tech giants and their automobile dream

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By: HT Auto Desk
| Updated on: 29 Feb 2024, 15:07 PM

In the last few years, from Sony to Huawei, Apple to Xiaomi; traditional technology giants have been making major headlines with their automotive vent

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Xiaomi SU7
In the last few years, from Sony to Huawei, Apple to Xiaomi; traditional technology giants have been making major headlines with their automotive ventures throwing challenges to conventional auto OEMs.

The automobile industry around the world is going through a rapid and multi-dimensional transformation over the last few years. With the advent of new technologies including connectivity, electric propulsion technology, autonomous driving etc, the industry is witnessing a lot of changes. One such change is the emergence of conventional technology companies as automakers.

In the industry’s massive shift to electric vehicles, legacy automakers and mobility startups are not the only ones trying their luck with vehicles powered by electric propulsion systems. Several global technology companies have been bringing their respective electric vehicles. In the last few years, from Sony to Huawei, Apple to Xiaomi – traditional technology giants have made major headlines with their automotive ventures.

The technology giants’ association with the mobility industry is nothing new. However, to date, the technology companies used to be suppliers for auto manufacturers. But, in the last couple of years, they have evolved drastically and to become new-age mobility companies as well as automobile manufacturers.

However, things have not been a cakewalk for these tech giants in their desired path in the automotive world. Here is the status report about the present scenario of these technology companies’ automotive projects.

Apple

Despite promising a lot through its Project Titan, Apple met little success and the project finally reached a make-or-break point recently due to rising costs and delays. This finally compelled the company to call off its fully autonomous electric car project after a decade since it started sometime in 2014, which was dubbed as one of the most ambitious projects in the history of the tech giant known for its products like iPhone, iPad and Macbook.

Xiaomi

While a tech company on the east side of the Pacific Ocean failed to materialise its dream of making an autonomous electric car, on the west side of the ocean, Chinese tech giant Xiaomi stunned the world with its first EV SU7. A suave all-electric sedan, the Xiaomi SU7 was showcased in the flesh at the Mobile World Congress 2024 in Barcelona. Xiaomi announced the development of the SU7 in 2023. It gets power from a 101 kWh battery pack capable of providing more than 800 kilometres of range on a single charge, significantly higher than the majority of EVs currently on sale.

Sony

Sony joined hands with Honda to make its dream of building an electric car true. Christened Afeela, the tech brand has already showcased a real prototype at the CES 2023. which will spawn the production model in 2026. Before being renamed Afeela, the electric sedan was previously christened Vision S. Sony has claimed that this upcoming EV will not only be a car but will act as a testbed for a wide range of futuristic advanced technologies including autonomous driving and other digital systems.

Huawei

Another Chinese tech giant Huawei too has shown its seriousness about smart electric cars. The company had set up an EV brand called Aito in 2021 in association with Seres Group. Under the Aito brand, already three electric cars have been launched: M5, M7 and M9; while a fourth model M8 is under development. Besides that, Huawei also rolled out two new vehicles in China, including its first electric sedan, the Luxeed S7, which is designed to take on Tesla models. Just a few weeks ago, Huawei set up a separate smart car unit, in another stride forward in the Chinese tech giant’s automotive ambitions.

First Published Date: 29 Feb 2024, 15:07 PM IST

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Tech giants and their automobile dream

Hyundai India aims 100% renewable energy usage by 2025 to reach RE100 benchmark

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Hyundai India aims 100% renewable energy

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By: HT Auto Desk
| Updated on: 28 Feb 2024, 16:49 PM

Hyundai plans to invest ₹32,000 crore for expansion of car and SUV platforms including electric vehicle range and charging infrastructure development

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Hyundai
Hyundai plans to invest ₹32,000 crore for expansion of car and SUV platforms including electric vehicle range and charging infrastructure development.

Hyundai Motor India aims to reach the RE100 benchmark by 2025. To achieve this target, the South Korean auto giant aims to use 100 per cent renewable energy for its operations in India. The carmaker has announced in an official release that it has been strategically purchasing green electricity from the Indian Energy Exchange to increase its RE portfolio of 64 per cent. The OEM also claimed that it has conserved energy equivalent to about 19,200 tonnes of oil through key energy management projects till now in India.

Hyundai also claimed that it has achieved 80 per cent water neutrality by utilising recycled RO water and rainwater from harvesting ponds with a capacity of 350,000 tonnes. Besides that, the auto OEM claimed to have reduced hazardous waste by 19.4 per cent and non-hazardous waste by 14.3 per cent over the last five years.

Also Read : Hyundai set to bid farewell to petrol-powered N models. Check details

The development and launch of electric vehicles and the setting up of EV charging infrastructure are also a key part of the brand’s strategy to reach carbon neutrality. For this, the OEM has announced to invest more than ₹32,000 crores in the next 10 years. This investment will be made for the expansion of car and SUV platforms including electric vehicle range and charging infrastructure development.

Speaking on Hyundai’s aim to reach the RE100 benchmark, Gopala Krishnan CS, Chief Manufacturing Officer at HMIL said that the automaker’s operations are driven by a strong sense of responsibility towards the environment and communities. “Our operations are driven by a strong sense of responsibility towards the environment and our communities. We view this proactive role as an opportunity to contribute to long-term sustainable development goals. Our sustainability initiatives are focused towards carbon neutrality and energy transition, circularity, clean tech products and services, operational eco-efficiency, and natural capital conservation. Our ‘Integrated Solutions to Climate Change’ initiative aims for carbon neutrality by 2045, with a sustainable operating system for future generations,” he added.

First Published Date: 28 Feb 2024, 16:49 PM IST

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BYD Seal EV bookings open, will launch on 5th March

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BYD Seal EV bookings open

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By: Paarth Khatri
| Updated on: 28 Feb 2024, 16:25 PM

  • BYD Seal has a claimed range of up to 570 km on a single charge.
BYD Seal EV
BYD Seal EV was also showcased at Auto Expo 2023.

BYD India has announced that they have started accepting bookings for their upcoming electric vehicle, Seal. The electric sedan will be unveiled officially to the Indian market on March 5th. Customers who book the BYD Seal by April 30, 2024, stand a chance of receiving a complimentary UEFA match ticket and round-trip flight ticket from India to the match city.

It is expected that the Seal will be the new flagship electric vehicle for BYD. As of now, the brand only sells the e6 MPV and the Atto3 crossover SUV. They are priced at ₹29.15 lakh and ₹33.99 lakh respectively. Both prices are ex-showroom.

BYD Seal: Range, battery and performance

BYD Seal is offered with single and dual-motor options. Depending on the version that the customer opts for, the electric sedan will be able to produce 308 bhp and 360 Nm or 522 bhp and 670 Nm. The rear-wheel drive powertrain has a WLTP-claimed range of 570 km whereas the dual-motor setup has a WLTP-claimed range of 520 km. These specs are for the larger 82.5 kWh battery pack.

There will also be a smaller 61.4 kWh battery pack that has a WLTP-claimed range of 460 km. The electric motor puts out 201 bhp of max power and a peak torque output of 310 Nm. The smaller battery pack can be DC fast-charged up to speeds of 110 kW whereas the larger battery pack supports 150 kW.

Also Read : BYD Seal EV details revealed ahead of launch: Check range, features and specs

BYD Seal: Safety rating

The Seal is one of the safest electric vehicles that a customer can buy in the Indian market. It passed the Euro NCAP crash test with 5-star safety rating last year. The Seal EV scored 89 per cent for adult occupants, 87 per cent for child occupants, 82 per cent for Vulnerable Road Users and 76 per cent in Safety Assist. The Seal EV that was tested was equipped with dual front airbags, belt pre-tensioners, belt load limiters, side airbags and a centre airbag. There were also ISOFIX child seat mounts, airbag cut-off switch and seatbelt reminders. Other features on offer are Autonomous Emergency Braking, Lane Assist System and Fatigue / Distraction Detection.

First Published Date: 28 Feb 2024, 15:57 PM IST

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Volvo confirms launch of EX30, EX90 EVs in India in 2025

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By: HT Auto Desk
| Updated on: 27 Feb 2024, 15:46 PM

  • Volvo currently offers two electric cars in India – the C40 Recharge and the XC40 Recharge.
Volvo EX30 EX90
Volvo EX90 electric SUV (left) is the Swedish carmaker’s flagship EV based on the XC90 SUV. Volvo EX30 (right) is the smallest electric car in the Swedish carmaker’s lineup.

Swedish auto giant Volvo has confirmed that it will launch two more electric cars in India by 2025. Staying true to its commitment to go EV-only manufacturer, Volvo will drive in the EX30 and EX90 electric SUVs to India by next year. The launch of these two electric cars were confirmed by Jyoti Malhotra, Managing Director at Volvo India, on Tuesday. Volvo currently offers two electric cars in India – the XC40 Recharge and the C40 Recharge electric SUVs.

Volvo has not shared the exact launch timeline of the EX30 and EX90 electric SUVs. The carmaker has not confirmed which of these two models will hit the Indian shores first. However, Malhotra said that both the EX30 and EX90 will be brought to India as completely knocked-down (CKD) units for sale.

Volvo EX90:

Volvo EX90 electric SUV comes as the brand’s flagship EV, and it is based on the XC90 SUV. Unveiled back in November 2022, the electric SUV is powered by a dual-motor all-wheel-drive powertrain offering two power and torque output levels. The base model churns out 408 bhp of power and 770 Nm of torque, while the higher variant generates 517 bhp power and 910 Nm of torque. Both variants are capable of running at a top speed of 180 kmph.

Volvo EX90 also comes with a Lidar system that comprises eight cameras and 16 ultrasonic sensors around the car. These allow the car to detect small objects as far as 600 feet away anytime anywhere.

In terms of looks and features, the EX90 is offered with the carmaker’s iconic Thor’s Hammer LED headlights and a blanked-off grille like the XC40 Recharge. It also gets flush-fitting door handles, 22-inch alloy wheels, C-shaped split LED tail lamp.Volvo claims that the EX90 contains 15 per cent recycled steel, 25 per cent recycled aluminium, 48 kg of recycled plastics and bio-based materials. Inside, the electric SUV gets a 14.5-inch large, vertically-oriented touchscreen infotainment system powered by Google OS. The car gets 5G connectivity as standard, enabling over-the-air (OTA) updates.

Volvo EX30:

Volvo EX30 is the smallest electric car in the Swedish carmaker’s lineup. Launched last year in global markets, the electric SUV is the quickest among all EVs in Volvo’s lineup with ability to sprint 0-100 kmph in just 3.4 seconds. The EX30 comes with a closed grille and the Volvo logo at the front. The LED headlights have the signature Thor hammer shape, while at the rear, the taillights wrap around the tailgate as well as part of the C-pillar. The interior too has a very minimalist design. Dominating the cabin are two elements – the steering wheel which is flat at the top and bottom, and the central 12.3-inch touchscreen infotainment system.

Volvo EX30 will be offered with two choices of battery pack. The basic version is with a single motor which can churn out 272 hp of power. It comes equipped with a 51 kWh battery that helps the electric SUV to offer 344 kms of range on a single charge. There is also an Extended Range version using the same motor, but has a larger 69 kWh battery pack. It promises to offer 480-km range. The top of the range Twin Motor Performance version comes with dual electric motor and generates 428 hp of power. It can sprint from 0 to 100 kmph in just 3.4 seconds, faster than any Volvo ever. It can offer 460 kms of range on a single charge.

First Published Date: 27 Feb 2024, 15:46 PM IST

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India’s passenger vehicle industry to see less than 5% growth in FY25, says Tata

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By: HT Auto Desk
| Updated on: 25 Feb 2024, 15:57 PM

  • Tata Motors’ key official Shailesh Chandra has hinted at impending price hikes for passenger vehicles in the coming months.
Tata Tiago
Tata Motors’ key official Shailesh Chandra has hinted at impending price hikes for passenger vehicles in the coming months.

Despite the rapidly rising demand for personal mobility and SUV-mania across the country, India’s passenger vehicle segment is likely to see less than five per cent growth in the next financial year, forecasted Tata Motors. Tata Motors Passenger Vehicles Managing Director Shailesh Chandra stated that India’s domestic passenger vehicle industry is likely to see moderate to less growth in the next fiscal starting in April 2024. However, the Tata Motors official believes electric vehicle sales in the country will grow despite the slow pace of EV charging infrastructure development.

Passenger vehicles to see sluggish growth

Chandra said that in FY23, the industry witnessed 25 per cent growth in the passenger vehicle segment, which is expected to become moderate in this financial year to about eight per cent. The Tata Motors official said that the industry is currently witnessing a high base effect and in the next financial year, there will be be slightly challenging situation for the segment. This challenging situation would result in the industry recording less than a five per cent growth rate in the next financial year, claimed Chandra during an analyst call.

Watch: 2023 Tata Safari review: Family SUV with bachelor spirit?

Passenger vehicles likely to be pricier

In the last few months, automakers in India have announced price hikes for their respective passenger vehicle models citing increasing production costs due to factors such as surging raw material costs, inflation etc. Chandra hinted that there would be more such price hikes in the next financial year, which would pose challenges to the growth of passenger vehicles.

Citing various challenges for the growth of passenger vehicles in India, Chandra noted that while commodity prices have been stable in the past quarter or so, there is a risk that prices may go up going forward. He hinted that costs of crucial raw materials are going up, which may impact the prices of passenger vehicles negatively in the coming months.

Watch: 2023 Tata Nexon EV facelift first drive review: Best-seller gets even better?

Electric vehicles to continue growing

Tata Motors is spearheading the democratisation of electric vehicles in India’s passenger vehicles segment. The homegrown OEM is leading the Indian electric car segment with more than 80 per cent market share. In the last few years, the segment has witnessed rapid growth thanks to various factors such as rising costs of petrol and diesel, narrowing price gap between electric and fossil fuel vehicles, availability of various government subsidies and incentives for EVs, tightening emission norms, growing awareness about environmental pollution and vehicular emissions’ impact on that, the launch of new electric cars etc. Tata Motors believes this growth momentum will continue in the next financial year as well.

Chandra said that in 2023, while the overall passenger vehicle industry grew eight per cent on a year-on-year basis compared to 2022, electric vehicle sales surged by 95-100 per cent YoY compared to the previous year. “I think this trend is likely to continue. So companies with stronger portfolios in CNG and EVs will grow,” Chandra said.

Watch: Tata Altroz iCNG: First Drive Review

Interestingly, this growth projection comes despite the sluggish pace of growth for the electric vehicle charging infrastructure, which is considered a key factor for the growth of electric vehicle sales. “As far as EVs are concerned, I think the biggest challenge here is the pace at which the charging infra is growing. It is lagging behind the pace at which the EV adoption is happening,” Chandra noted further adding, “Given that the charging infra is crucial to the growth and expansion of EV market, we have gone for an open collaboration approach with all charge point operators as well as the oil marketing companies who are focusing on expansion of charging infra.”

First Published Date: 25 Feb 2024, 15:57 PM IST

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Vietnam’s Vinfast to establish EV facilities in Tamil Nadu, makes big promises

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By: HT Auto Desk
| Updated on: 07 Jan 2024, 21:53 PM

  • VinFast will establish EV and battery manufacturing facilities in Thoothukudi and says these will generate around 3,500 jobs.
VinFast
Officials from VinFast are seen here with Tamil Nadu CM MK Stalin and Union Minister Piyush Goyal at the signing of a joint agreement between the EV maker and the state government. (CMO, Tamil Nadu)

VinFast is fast emerging as a name and brand to reckon with in the world of electric vehicles (EVs). The company from Vietnam has already expanded its presence across many markets across the world, including the United States, and has now confirmed its India entry via a mammoth $2 billion investment into EV facilities in Tamil Nadu.

In an official statement, Vinfast announced it has an intended commitment of $500 million for the first five years of the project and that it has signed a joint agreement with the state government of Tamil Nadu. The construction of a battery plant and a facility to manufacture EVs will begin from this calendar year itself – in Tamil Nadu’s Thoothukudi – and once both are fully functional, will generate up to 3,500 jobs in the state.

Entering the Indian market at this point in time may be as beneficial for VinFast as it could be to accelerate the EV adoption in India. India is the world’s third largest car market in the world – in terms of sales, but EV penetration is still quite small. What this may mean is enormous potential that VinFast is looking to tap into. And choosing Tamil Nadu as its base of operations in the country is stemming from its assessment that the state has enormous potential to be India’s EV hub. “VinFast Tamil Nadu project aims to evolve into a first-class electric vehicle production hub in the region, with an annual capacity of up to 150,000 units. Construction of the plant is anticipated to begin in 2024. This project is set forth to lay a strong foundation for economic growth in Tamil Nadu and India as a whole,” the company said in its official statement. “Besides the economic benefits, the project will also pave the way for green transportation development, targeting 30% of newly registered private cars to be electric. This aligns with the state government’s initiatives to minimize carbon emissions in the transportation sector.”

Vinfast
File photo of Vinfast VF9 electric vehicle on the opening day of the Geneva International Motor Show that was held in Qatar in 2023. (Bloomberg)

How significant is VinFast in the world of EVs?

VinFast is one of the newer players in the globa EV race and comes from a country that has traditionally not had much to show in terms of its automobile manufacturing capabilities. But the EV game has levelled the play-field significantly, providing opportunities for established automobile champions as well as emerging EV companies.

Founded in 2017 by Pham Nhat Vuong, Vietnam’s first billionaire and who made his riches as a property developer, VinFast has been manufacturing EVs since 2021. It may have only been over two years of manufacturing EVs but VinFast has been busy. The company bought a manufacturing facility from GM in Australia while it is working to open another production hub in Indonesia that is scheduled to start rolling out models from 2026 onwards. It also began shipping its EVs to the US in early 2023 and opened its first dealership in the country last month. It is also establishing a manufacturing plant in North Carolina and is investing $4 billion in the country.

What kind of EVs does VinFast offer at present?

VinFast EV models are quite striking in their exterior design language even if the specifications are not the best in the industry just yet. The company offers small electric models like VF3 and VF4, as well as large electric SUVs like VF7 and VF9. The likes of VF6 and VF7 are sub-compact and compact SUVs, respectively, while VF8 is a mid-size SUV.

First Published Date: 07 Jan 2024, 21:47 PM IST

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Mercedes-Benz to show G-Class EV, Concept CLA & AI-powered assistant at CES 2024

by with No Comment Electric vehicles cars

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Mercedes-Benz has stated that it will reveal a number of digital innovations at the CES 2024 in Las Vegas next month. Slated to take place between 9th and 13th January 2024. The German luxury car manufacturer has revealed that it will showcase a camouflaged prototype of the pure electric G-Class and its new Artificial Intelligence (AI) powered iteration of MBUX virtual assistant.

By: HT Auto Desk
| Updated on: 25 Dec 2023, 16:48 PM

Mercedes-Benz MBUX
Mercedes-Benz is gearing up to show a camouflaged prototype of the pure electric G-Class and AI-powered assistant, while the Concept CLA will make its North American debut.

Consumer Electronics Show or CES has been witnessing an increasing penetration of automotive technologies with a rising number of automobile manufacturers every year and the 2024 edition of the annual event is not going to be any different. Honda has already teased an electric vehicle that will break cover at the CES 2024. Mercedes-Benz has also said that it will showcase its updated AI-powered MBUX virtual assistant that will offer a more human-like interaction opportunity with the car.

Mercedes-Benz has said the new MBUX virtual assistant takes the ‘Hey Mercedes’ voice assistant into a whole new visual dimension using high-resolution game-engine graphics developed by Unity Technologies. This updated MBUX system will debut in Mercedes-Benz cars in 2024.

While the AI-fuelled updated version of MBUX will be a key attraction from Mercedes-Benz at CES 2024, the carmaker will also showcase a camouflaged prototype of the pure electric G-Class that is among the much-awaited Mercedes-Benz electric vehicles. Also, the automaker will showcase the Concept CLA electric sedan with a coupe design promising more than 750-kilometre range. With an appearance at this event, the Mercedes-Benz Concept CLA will make its North American debut.

The Concept CLA four-door sedan previews the new entry-level vehicles from the luxury car marquee, which will comprise both internal combustion engine (ICE) propelled models as well as electric vehicles. Meanwhile, Mercedes-Benz India is gearing up to launch its GLS facelift in the country on 8th January 2024, which made its global debut earlier this year.

First Published Date: 25 Dec 2023, 16:48 PM IST

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Year Ender 2023: Electric cars launched in India this year

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India is one of the fastest-growing electric vehicle markets in the world. Over the last few years, both legacy players and EV startups have been drastically transforming the landscape of the Indian EV industry. Electric two-wheelers dominate the Indian EV market, but car manufacturers too are introducing interesting products. While homegrown car manufacturers have been launching new electric cars in the country, foreign brands are also bringing their respective products into the segment.

By: HT Auto Desk
| Updated on: 23 Dec 2023, 20:42 PM

Mercedes EQE review
From mass-market to luxury, the year 2023 witnessed launch of several electric cars across price-segments, with SUVs dominating the chart.

In 2023, several carmakers, in both mass-market and luxury segments have launched some spectacular electric cars across different pricing slabs. Interestingly, like the fossil-fuel-propelled passenger vehicle market, the Indian electric car market is witnessing the rise of SUVs. In 2023, the majority of the electric cars launched in the country were SUVs.

Also Read : Year Ender 2023: The coolest concept cars unveiled this year

Here is a comprehensive list of the electric cars that were launched in India in 2023.

MG Comet EV

MG Comet EV is the most affordable electric car in India. This small boxy hatchback looks tiny compared to other models in the fray, but a perfect machine for in and around-city commuting. MG Comet EV was launched in 2023 at an introductory starting price of ₹7.98 lakh (ex-showroom). The electric hatchback threw a tough challenge to the Tata Tiago EV, the erstwhile most affordable electric car in India with its pricing. Design-wise, the EV is eye-catching on the exterior, while inside the cabin it looks simple yet very much urban at the same time. The Comet EV promises a 230 km range on a single charge.

Tata Nexon EV facelift

One of the most noteworthy car launches in India in 2023 was the arrival of the Nexon EV facelift. Tata Nexon EV is the country’s bestselling electric car and the homegrown automaker simply ramped up the appeal of the electric compact SUV with the launch of the Nexon facelift, which incorporates a wide range of design and feature updates. The Nexon EV facelift comes available at a starting price of ₹14.74 lakh (ex-showroom), and it promises a 465-kilometre range on a single charge, while it can accelerate to 0-100 kmph in 8.9 seconds. It comes with V2V and V2L technologies.

BMW iX1 electric SUV
Powering the electric SUV is a 66.4 kWh battery pack paired with dual electric motors.

BMW iX1

BMW launched the electric avatar of the X1 SUV, christened as iX1 in India in 2023. The luxury EV was launched in the country at a price tag of ₹66.90 lakh (ex-showroom). BMW iX1 is the German brand’s fourth fully electric vehicle and is sold in India via the CBU route. Powering the electric SUV is a 66.4 kWh battery pack paired with dual electric motors. The electric propulsion system churns out 309 bhp peak power and 494 Nm of maximum torque. The EV promises up to 440-kilometre range on a single charge. It can reach 0-100 kmph in 5.6 seconds and can achieve a top speed of 180 kmph.

BMW i7

BMW i7 is an all-electric sedan that was launched in India in 2023 at a price tag of ₹2.50 crore (ex-showroom). The BMW i7 M70 xDrive is the brand’s first M-division electric car that was launched in India in 2023. Powering this luxury electric sedan is a 101.7 kWh battery pack that is paired with dual electric motors and generates up to a 560-kilometre range on a single charge. The electric propulsion system churns out 657 bhp peak power and 1,100 Nm maximum torque. This electric sedan can sprint to 100 kmph from a standstill position in just 3.7 seconds at a top speed of 250 kmph.

Mahindra XUV400

Mahindra XUV400 is the homegrown automaker’s first-ever electric SUV launched in India in 2023. The Mahindra XUV400 comes positioned in compact SUV segment and it competes with rivals like the Tata Nexon EV. Launched at ₹15.99 lakh (ex-showroom), the Mahindra XUV400 is available in two different battery options and promises up to 456-kilometre range on a single charge. Available in EC and EL, the Mahindra electric SUV’s price goes up to ₹18.99 lakh (ex-showroom).

Citroen eC3

Despite being a new entrant in the Indian passenger vehicle market, French auto giant Citroen was quick to launch an electric car in the form of eC3. The electric SUV comes priced from ₹11.50 lakh (ex-showroom) and it promises a range of 320 kilometres on a single charge, which is also the highest in its segment. Available in four different variants, the Citroen eC3 EV is powered by a 29.2 kWh battery pack that promises 320 kilometres range on a single charge. The electric SUV promises a top speed of 107 kmph.

Volvo C40 Recharge

Volvo C40 Recharge is the second electric car in India from the Swedish luxury car manufacturer after the XC40 Recharge. The electric car was launched at ₹61.25 lakh (ex-showroom). The EV competes with rivals such as Kia EV6 and Hyundai Ioniq 5. The EV gets power from a 78 kWh battery pack paired with dual electric motors. The EV churns out 402 bhp peak power and 660 Nm of maximum torque. The EV is capable of running at a top speed of 180 kmph and can sprint to 100 kmph from a standstill position in 4.7 seconds.

Hyundai Ioniq 5

Hyundai Ioniq 5 is the second electric car from the South Korean auto giant in the Indian market. The Hyundai Ioniq 5 EV has been launched in the country at ₹44.95 lakh (ex-showroom). The EV comes competing against the Kia EV6 but is more affordable than the rebadged sibling. Powering the Hyundai Ioniq 5 is a 72.6 kWh battery pack, that promises a 631 kilometre range on a single charge. It gets a rear-wheel drivetrain churning out 214 bhp peak power and 350 Nm of maximum torque. The EV claims come with a fast charging technology that charges the battery from 10 to 80 per cent in just 18 minutes.

Audi Q8 e-tron and Sportback e-tron

Audi launched the Q8 e-tron and Sportback e-tron in India in middle of 2023. The SUV and the Sportback were launched together, priced at ₹1.14 crore and ₹1.18 core (ex-showroom). The Q8 e-tron essentially came as a facelifted iteration of the erstwhile e-tron. Both the SUV and the Sportback were launched in two trims – 50 and 55, with range of up to 600 kilometres on a single charge. Powering the 50 variant is a 71 kWh battery pack, while the 55 onbe gets a larger 114 kWh battery pack. The SUV has a maximum claimed range of 491 kilometres and 582 kilometres for the 50 and 55 variants, respectively, while the Sportback has a maximum range of 505 kilometres and 600 kilometres for the 50 and 55 variants, respectively.

Mercedes-Benz EQB

Mercedes-Benz India launched the EQB 350 4Matic electric SUV in India in 2023, at a starting price of ₹77.50 lakh (ex-showroom). The luxury electric SUV was launched in the country replacing the previous EQB 300 4Matic that was launched in December 2022. The EQB is powered by a 66.5 kWh battery pack. The electric propulsion system onboard the SUV promises 288 bhp peak power and 520 Nm of maximum torque. These specifications are significant enhancements from the EQB 300 4Matic.

Mercedes-Benz EQE

Mercedes-Benz EQE electric SUV was launched in India in 2023 after the EQS and EQB, joining the lineup as the brand’s third EV in the country. The Mercedes-Benz EQE electric SUV was launched here at ₹1.39 crore (ex-showroom). It competes with rivals like Audi Q8 e-tron and BMW iX1 electric SUVs. Mercedes-Benz EQE 500 4Matic SUV comes promising 550 kilometres range on a single charge. The SUV gets power from a 90.56 kWh battery pack that is paired with dual motors. The SUV can accelerate from 0-100 kmph in 4.9 seconds at a top speed of 210 kmph.

First Published Date: 23 Dec 2023, 20:42 PM IST

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Tesla dominance in EV world under big threat as BYD equals Q3 market share

by with No Comment Electric vehicles cars

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Tesla has long held a place of prominence in the world of electric vehicles (EVs), enjoying a significant lead over all its rivals across the world. But the pedestal on which the US-based manufacturer has long been perched upon is under direct threat from China’s BYD which has now equalled Tesla’s 17 per cent market share in the world of battery electric vehicles or BEVs, as per Counterpoint Research.

By: HT Auto Desk
| Updated on: 19 Dec 2023, 20:02 PM

BYD Song
BYD is on the hunt and it smells Tesla. Cars like BYD Song (in pic) are helping the Chinese company notch up sales numbers fast.

BYD is a significant player in China’s EV scene and has recently expanded to several overseas markets as well, including India. And unlike Tesla, the company also offers hybrids and plug-in hybrids (PHEVs), apart from its lineup of BEVs. Tesla, however, only offers BEVs and even here, its global market share is now under serious threat.

Also Read : Why India is the largest vehicle market that Tesla has failed to tap into yet

What is remarkable is that BYD had a 13 per cent market share in the previous Q3 (for BEVs alone) and was behind the curve to Tesla’s 17 per cent even then. But it has taken some massive strides to catch up and is now poised to shift to top gear and overtake. A key driving factor here may be BYD’s March of 2022 decision to stop production of vehicles that are powered by engines, and focus entirely on BEVs, hybrids and PHEVs. While China remains its biggest market, overseas expansion may also be helping with the additional boost.

Tesla vs BYD: David vs Goliath?

Tesla Model 3
File photo of Tesla Model 3 vehicles rolling out of the company plant in Shanghai. (REUTERS)

Tesla’s rise has been meteoric. It has left established champions of the automotive world, the likes of Toyota, Volkswagen and even the German luxury brands far behind. The Elon Musk-led company has often been compared to David from the Book of Samuel. But BYD may be the new David in town.

Also Read : BYD does what Tesla has not, sold six million PHEVs and EVs

Established in 1995 as a company focused on rechargeable nickel–cadmium batteries, BYD eventually established two main subsidiaries – BYD Auto and BYD Electronics. BYD Auto was founded in 2003, the same year as Tesla. The Chinese company entered into production of forklifts, buses, trucks and electric bicycles – not necessarily in that order, before seeing potential in battery-powered four-wheeled vehicles. The potential was also because China was emerging as a big player in the EV category. Today, the country leads the world.

Tesla only entered into the Chinese market in 2017. The Shanghai facility was its first outside of the US and currently supplies the local market as well as select European countries. But while the company remains an enormously popular manufacturer here, BYD has been consistently growing big in its home base while pressing on the expansionist mode as well.

If Tesla has Model 3, its most affordable EV, BYD has Seal. If Tesla has Model Y SUV, BYD has Song EV. Model for model, the competition is hotting up. Tesla is catering to the global audience. BYD is still a largely Chinese market-dependent company. But it is using its local popularity to add winds to its proverbial sails. Will Tesla weather the incoming storm?

First Published Date: 19 Dec 2023, 19:51 PM IST

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Volkswagen to bring back physical buttons in new cars in era of touchscreen

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In an era when almost every car manufacturer is focusing on touchscreen controls or touch panels inside their respective car cabins, Volkswagen is thinking otherwise. The German automobile giant is planning to bring back physical buttons in its new cars, reveals a report by British automotive publication Autocar UK. Volkswagen has revealed the interior of its ID. 2all concept and previewed what the cabin of its future cars would look like.

By: HT Auto Desk
| Updated on: 19 Dec 2023, 16:07 PM

Volkswagen ID 2all
The revelation of Volkswagen’s plan to bring back physical buttons comes at a time when automakers around the world are being criticised for their over-reliance on touchscreen controls.

Volkswagen’s interior designer Darius Watola reportedly said that the ID. 2all previews a new approach for all the future cars the automaker is slated to bring. Also, Watola reportedly said that this move of bringing back physical buttons comes in response to the criticism about over-reliance on touch controls. Volkswagen is not the only automaker to think this way, as several other carmakers too are shifting their strategies in similar lines.

Also Read : Physical buttons are much easier to use than touchscreens: Study.

Interestingly, as almost every automaker around the world is increasingly focusing on removing the conventional physical buttons in favour of the touchscreen controls, consumers have been complaining that instead of increasing convenience the touchscreen controls are often proving to be inconvenient and risky as well. This criticism has reportedly propelled Volkswagen to plan to bring back conventional physical buttons in its future passenger vehicles.

Interestingly, this move comes as a complete reversal from the strategy the German automaker took under the former CEO Herbert Diess. It decided to follow in Tesla’s footsteps and centralize the majority of its controls to the touchscreen infotainment screen. Volkswagen also removed the physical buttons from the steering wheels and replaced them with touch-sensitive capacitive buttons. This move reportedly frustrated the Volkswagen customers. Volkswagen’s current CEO Thomas Schafer has even said that this move has done a lot of damage to the brand. Considering this, the move to bring back physical buttons inside the cabin comes as a significant shift from the automaker’s previous strategy.

First Published Date: 19 Dec 2023, 16:07 PM IST

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Maruti eVX to Tata Harrier EV: Electric cars to launch in India next year

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India will get a number of new electric cars in the next 12 months as the EV segment continues to grow at a rapid rate. Several carmakers have already confirmed launch of their new electric vehicles in 2024. Some of these models will help top carmakers enter the EV fray in the country which currently has less than seven per cent contribution to overall vehicle sales in India. Key names among the expected electric cars to hit Indian shores include the likes of Maruti Suzuki’s first EV – the eVX, Tata Harrier EV among others. Here is a quick look at list of brand new electric cars to launch in India next year.

Maruti eVX Tata Harrier EV
Maruti Suzuki is expected to launch its first electric vehicle in India with the introduction of the eVX in 2024. Tata Motors is also expected to launch at least three new EVs, including the electric avatar of its flagship Harrier SUV next year.

Maruti Suzuki eVX

2024 will be a landmark year for Maruti Suzuki, the largest carmaker in India, as it plans to put its first ever electric car eVX to production. The carmaker has confirmed that the eVX electric SUV, first showcased at the Auto Expo held in January this year, will be manufactured from Suzuki Motor’s Gujarat facility at Hansalpur starting next year. It is expected to be launched some time in 2024. The eVX electric SUV will come with a range of around 550 kms in a single charge. It will be equipped with a 60 kWh lithium-ion battery pack. When launched, it will take on the likes of MG ZS EV and Hyundai Kona among others.

Tata Harrier EV

Tata Motors has confirmed that its flagship Harrier SUV, which recently received a major facelift, will get its electric version next year. The Harrier EV made its debut at the Auto Expo earlier this year. Built on the Gen 2 EV architecture, the Harrier EV will come with V2L and V2V charging facilities. The Harrier EV has been spotted testing on roads ahead of its launch within the next few months. However, very little is known about what this electric SUV will offer in terms of range, performance and features.

Tata Punch EV

The second electric vehicle from Tata stable expected to make India debut next year is the Punch. The smallest SUV from the carmaker already has the ICE and CNG version on sale. When launched, it will become the fourth car in Tata’s lineup to offer ICE, CNG and EV version of the same model. The Punch EV is expected to come with the same Ziptron technology that is doing duty in other Tata EVs like Nexon. The size of the battery could be the ones used for Tigor EV or the Nexon EV. Tata Punch EV could offer range of more than 300 kms in a single charge in the long-range version.

Tata Curvv EV

The third electric car from Tata Motors expected to be launched in 2024 is the Curvv EV. Tata is likely to launch the EV version of the SUV after its ICE version makes its debut. The Curvv EV will be based on Tata Motor’s X1 platform which will be heavily reworked to become EV ready. According to reports, the expected range of the Curvv electric SUV will be between 400 kms and 500 kms in a single charge. It is not clear if Tata Motors will use the same battery the Nexon EV facelift uses.

Kia EV9

The Korean auto giant is expected to expand its EV lineup in India with the introduction of its three-row electric SUV EV9. Based on the Electric Global Modular Platform (E-GMP), the EV9 stands more than five metres in length. It promises to offer range of up to 541 kms in a single charge. It is expected to be offered in two variants. Globally, the EV9 is powered by a 150 kW electric motor that can help it sprint 0-100 kmph in 9.4 seconds. The RWD version of the EV will come with a more powerful 160 kW electric motor. The EV has an 800-volt electrical architecture that enables the EV to charge at ultra-fast speed. Kia claims the EV9 can run 239 kms with just 15 minutes of charging.

Mahindra XUV.e8

Mahindra and Mahindra will also expand its EV lineup for India with the launch of an electric SUV based on the XUV700. This will be Mahindra’s second electric offering after the XUV400. Mahindra had showcased five upcoming electric SUVs during an event held in United Kingdom in August last year. To be launched under the Born Electric brand, the XUV.e8 is expected to come with dual electric motor as well as all-wheel drive technology. Mahindra is likely to offer at least 60 kWh battery pack with the XUV.e8 EV besides adding features like level 2 ADAS, 5G connectivity among others.

First Published Date: 18 Dec 2023, 14:20 PM IST

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