Sajjan Jindal, chairman and family owner of Indian steelmaker JSW, said JSW plans to launch its own electric car brand, marking the company’s entry into India’s growing electric car industry. Before announcing plans to launch an electric car brand, JSW announced in March this year a $1.5 billion joint venture with SAIC Motor to produce and sell MG-branded electric cars in the Indian market. In an interview, Jindal said that JSW plans to build an automobile plant in Aurangabad, Maharashtra, western India, which will exclusively produce its own brand of cars. This is also the first time that the company has revealed its goal of producing cars under its […]
According to foreign media reports, on December 3, the European Commission called for an EU fund with an additional 1 billion euros (about $ 1.1 billion) to support electric vehicle battery manufacturing because the current electric vehicle industry is facing pressure. The European Commission stated that the fund will become part of the 4.6 billion euros of the INNOVATION Fund to support the development of net zero technology and renewable hydrogen energy for the EU. European electric vehicle manufacturers are facing fierce competition from Asia. At the same time, consumers’ demand failed to meet expectations, resulting […]
According to foreign media reports, Lisa Brankin, chairman of the Ford Motor British Branch, called on the British government to provide a consumption incentive of up to £ 5,000 for each electric car. At present, global auto manufacturers are facing new challenges. It is difficult for them to profit from the electric vehicle business, because the competition from Chinese affordable electric vehicles is very fierce, and in different markets, consumers’ demand for electric vehicles is also poor. together. Brankin said that the government provides direct support for consumers to purchase zero -emission vehicles, […]
According to foreign media reports, Sajjan Jindal, the chairman and family owner of Indian steel manufacturer JSW, said that JSW plans to launch its own electric car brand, which marks that the company will become an important participant in India’s growing electric vehicle industry. Prior to the announcement of the plan to launch an electric vehicle brand, JSW announced in March this year that it would set up a $ 1.5 billion joint venture with SAIC Group in March this year to produce and sell the MG brand electric vehicle in the Indian market. […]
German metalworkers union IG Metall said that nearly 100,000 workers joined the strike at the German factories of Volkswagen Group, Europe’s largest automaker, to protest the company’s management’s plan to cut wages and close German factories, and threatened to take further union action. IG Metall revealed that 98,650 employees from nine factories in Germany participated in the strike, with early shift workers striking for two hours and late shift workers planning to leave work early. IG Metall chief negotiator Thorsten Groeger said: “This is the first big impact of the winter protests. Volkswagen Group should wake up and finally shelve its nightmare plan to close the factory.” Sources […]
Adjustable spring rate suspension is designed to achieve a good balance between suspension performance and comfort, allowing users to adjust the spring strain rate according to specific conditions when using it. According to foreign media reports, a patent application recently published by the US Patent and Trademark Office (USPTO) shows that General Motors (GM) is developing an adaptive suspension system that can change the spring rate at any time, including a magnetorheological spring design. The patent application is called “Variable Suspension Spring Rates Using Magnetorheological Fluid” and is assigned a serial number of US 2024/0367473 A1. The application was originally filed on May 5, 2023 and published on November 7, […]