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Qualcomm’s automotive efforts are crucial to the company’s progress and diversification technique. Automotive technology includes infotainment, superior driver assistance systems , and other techniques Automotive News that help the transition to software-defined vehicles. According to the company, almost every main automotive OEM is adopting Qualcomm’s Snapdragon platform and digital chassis technique.
Jeep’s first US-bound electric car is a high-powered Wagoneer, set for a fall 2024 launch. Qualcomm’s automotive revenue in the latest quarter was $811 million, an 87% enhance from the same quarter in 2023. AI on the edge is actually alive and nicely for the company, far outstripping Nvidia’s automotive enterprise.
The company will also introduce the X3 xDrive30e in 2025, culminating in BMW New Zealand offering 10 PHEVs to prospects. In the DRHP, Hero Motors has unveiled plans to raise INR 900 crore by way of the IPO through a combination of contemporary fairness issuance and a suggestion for sale by promoters. AutoNews.com is a net site that gives automotive news updates, together with news generated from Automotive News, Automotive News Europe, Automotive News China, Autoweek, Bloomberg, and Reuters business news. French President Emmanuel Macron reaffirmed his assist for EU tariffs on Chinese electric vehicles, throughout a visit to Berlin on Wednesday. With tens of millions of self-driving vehicles projected to be on the highway in 2025 and autonomous drones generating billions in annual gross sales, safety and reliability are necessary issues for shoppers, manufacturers, and regulators. As the EU seeks to place a brake on competitors from Chinese electrical automobiles, European automakers are caught in second gear.
General Motors reported a dip in third-quarter US auto gross sales Tuesday, however pointed to growth in sales of electric vehicles and said retail pricing remained steady. Following a bankruptcy filing from EV automaker, Fisker, the company’s former Southern California headquarters was deserted and has reportedly turn out to be a magnet for squatters. The luxury electric automobile firm was based in 2016 by Danish designer Henrik Fisker.
Volvo estates are again on the UK market after the Swedish model reverses decision to withdraw them. It grew to 12,000 on the graduation of World War II but fell to 8,748 in the course of the warfare. During 1942–45, when there was no auto industry, Automotive News retained 73% of its circulation.
CNG automotive, SUV sales rise 36 % in April-August 2024Tata Motors’ CNG market share has increased by over 6 % in comparison with the identical interval last year. BMW proclaims Retail.NEXT dealership chainBMW cars, bikes in addition to Mini cars shall be sold underneath the same roof. Karnataka plans road tax, registration costs waiver on …The state is also planning to incentivise manufacturing and infrastructure improvement for EVs.