Global autonomous vehicle market has been valued to the tune of $76.13 billion in 2020, and should reach $2,161.79 billion by 2030. This means that the industry is expected to be compounded at ~40.1% from 2021 to 2030. Autonomous vehicle or a driverless vehicle has the capability to operate itself and execute necessary functions. Therefore,
It is the first plug-in hybrid from Bentley in India, and it is the company’s first offering in the luxury segment. As it gears up to launch its first all-electric car, Bentley Flying Spur Hybrid has also revealed its future plans, including its move towards hybrids. It is positioned in the luxury segment and has
As the German luxury-car maker intensifies its challenge to Tesla Inc., Mercedes-Benz Group AG unveiled an electric car with a longer range than any Tesla Inc. model. The company presented a near-production concept of its CLA sedan rated to go more than 750 kilometers (466 miles) on a single charge, beating Tesla’s updated Model 3.
Any company, irrespective of its size and nature, requires financing on a regular basis. Such companies usually address their requirements of business financing by acquiring debts or loans or selling equity ownerships. Debts form an integral part of finances. Everybody, at some point of time, requires some kind of debt. But have you ever felt that feeling
August saw a number of car launches, including the affordable Tata Punch CNG and the premium Audi Q8 e-tron. Tata Nexon gears up to launch Aston Martin DB12 in India this September. As the festive season kicks in in September, the momentum will only pick up. There are a range of cars that will hit
According to a recent report from The Wall Street Journal, Tesla is under scrutiny over its mysterious “Project 42,” which was believed internally to involve building a glass house for Elon Musk. The publication said, citing people familiar with the issue, that federal prosecutors are investigating whether Tesla used its own funds for Musk’s personal
When it comes to ensuring a smooth and safe driving experience, one of the most critical components of a vehicle is its tires. Quality road tires play a pivotal role in providing traction, stability, and overall performance on various road surfaces. Whether you’re commuting to work, embarking on a road trip, or simply running errands
Shares of VinFast Auto Ltd., the Vietnamese electric vehicle (EV) start-up, made a strong debut on the US stock exchange one week ago. On 22nd August, at the time of writing, the stock is up by more than ~100%, with its market cap soaring past $70 billion as investors continue to build long positions in the stock.
Dream cars are the most expensive cars in the world and come with some of the biggest price tags. When it comes to high-end tech hyper cars, a few specific companies come to mind: Bugatti, Ferrari, Koenigsegg, and Pagani, among others. These manufacturers have pasted themselves as the top dogs in the supercar and hyper
Due to increased demand for batteries and electric vehicles (EVs), the sustainable global battery value chains industry is undergoing a transformation. As per the recent forecasts, more than 18% of all car sales could be electric this year, up from 13% in 2022 and more than double their 9% penetration in 2021. After worldwide sales
