MG Motor Looks ‘Beyond Tokenism’ In EV Play | The Auto World This Week

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INDIA AUTO NEWS

MG Motor looks ‘beyond tokenism’ in EV play; eyes selling 2-3k units of ZS EV electric SUV in India

‘We are aiming to develop the entire ecosystem around electric cars in the country,’ MG Motor India President and Managing Director Rajeev Chaba told PTI here.

‘We are tying up with partners for charging infrastructure, for battery lifecycle management, we are exploring a subscription model for buyers…We are going beyond tokenism,’ he asserted.Read Full Story

Jawa Motorcycle Deliveries To Be More Streamlined: Jawa Co-Founder Anupam Thareja

Anupam Thareja, Co-Founder & Director – Classic Legends said, “We’ve reached the stage where we can now really ramp it up. Most importantly our vendors are in place, there are 3000 of them. They understand our production, they understand the quality we require, they understand our deliveries.Read Full Story

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WORLD AUTO NEWS

Volkswagen AG draws up plan to invest EUR 60 Billion on Future Tech in Next 5 Years.

As part of Planning Round 68, the investment plan for 2020 to 2024* has been drawn up. The plan was dis-cussed during the meeting of the Supervisory Board and approved. The Group plans to spend nearly EUR 60 billion on the future areas of hybridization, electric mobility and digitalization in the next five years. Read Full Story

Hyundai Motor sets up future mobility lab in LA

Hyundai Motor has established a future mobility venture called Mocean Lab in Los Angeles.

The Mocean Lab will provide mobility services in LA and expand its services to autonomous ridesharing, shuttling and personal mobility, according to the automaker.
Read Full Story.

Nissan is recalling nearly 400,000 Vehicles in the US for a Braking Defect that can cause fire.

Nissan is recalling nearly 400,000 vehicles in the U.S. because of a braking system defect that could cause them to catch fire.

Owners are advised to park affected vehicles outside and away from structures if the anti-lock brake system warning light comes on for more than 10 seconds. Read Full Story