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Moody's upgrades Hyundai Motor's corporate rating to A3 with stable outlook

autherAutocar Pro News Desk     calendar08 Feb 2024

Moody’s also mentioned that the A3 rating reflects Hyundai Motor’s strong position in the Korean automotive market, competitiveness in key overseas markets, high degree of geographic diversification, very low financial leverage, and strong ...

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ALMA Project's pathbreaking lightweight BEV structure to redefine future of e-mobility 

autherAutocar Pro News Desk calendar08 Feb 2024

The ALMA BEV body-in-white is 22% lighter than the baseline design, resulting in a 24% reduction in carbon emissions f...

NIRA Dynamics sells 100 million tyre pressure indicators worldwide

autherAutocar Pro News Desk calendar08 Feb 2024

By introducing this innovative software solution in 100 million vehicles, NIRA has contributed to a staggering reducti...

Volvo Cars to set up mobility innovation centre for emerging technologies in Sweden

autherAutocar Pro News Desk calendar08 Feb 2024

The aim is to create an ecosystem to develop the future of mobility including cars, the technology inside them and the...

Paris votes to triple parking charges for heavy cars, SUVs and EVs

By Charlie Martin, Autocar UK calendar07 Feb 2024

Combustion cars weighing more than 1,600kg and EVs weighing more than 2,000kg will be surcharged.

Magna wins specialised eDrive system business with North American OEM

autherAutocar Pro News Desk calendar07 Feb 2024

New electrification program to support high-end niche vehicle platform; primary rear system is a variant of Magna’s 80...

Tata Technologies wins four global automotive OEM deals in Q3 FY24

By Ajit Dalvi calendar07 Feb 2024

The projects comprise full-time engineering services, and SAP-PLM-managed services for two North American automakers; ...

UK sells its millionth electric car, fleet market drives BEV demand

autherAutocar Pro News Desk calendar06 Feb 2024

Million EV sales in the UK take 22 years; with 142,876 new cars including 20,935 EVs (up 21%) sold, January 2024 is st...

New Porsche Taycan delivers real-world range of up to 587km

autherAutocar Pro News Desk calendar05 Feb 2024

Test drives with pre-series Taycan between Los Angeles and San Diego showed that the new generation of the electric sp...

Chiyoda Corp and Toyota to jointly develop large-scale electrolysis system

autherAutocar Pro News Desk calendar05 Feb 2024

Strategic collaboration to fuse fuel cell and plant construction technologies for hydrogen production markets in Japan...