As part of its aggressive expansion plans in the global market, Hero MotoCorp has announced retail sales in the key global market of Mexico, offering a wide range of products for customers through an extensive distribution network. Hero MotoCorp has rapid expansion plans in Mexico over the next three years, and has introduced an extensive portolio of its two-wheeler products in the country. These include the XPulse 200, XPulse 200T, Hunk 190, Hunk 160R, Hunk 150, Eco 150 TR, Eco 150 Cargo, Ignitor 125, as well as the Dash 125 scooter. Also Read: Hero MotoCorp Sells Over 4.6 Lakh Units In Q1 FY 2022 Hero MotoCorp will offer a wide variety of motorcycles ranging from 125 cc to 200 cc in Mexico, along with one 125 cc scooter Sanjay Bhan, Head of Global Business, Hero MotoCorp, said, "This is an important development in our international business growth story. Mexico will be a key market for us in the future and this is the first step in this direction. The range of …
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Mercedes Benz To Announce The First AMG-branded EV At IAA Mobility Show In Munich
Mercedes has already announced that it will be becoming predominately an EV first brand. It also announced several new electric premiers are inbound at its recent IAA mobility event in Munich, but now a big one is coming. It will be showcasing the first Mercedes-AMG branded EV alongside a concept vehicle for the Mercedes-Maybach, ultra-luxury brand to enter the age of electrification. "The electrification of the entire Mercedes-Benz lineup is stepping up yet another gear. Several fully electric models will celebrate their world premieres at the IAA: the EQE, the first battery-electric luxury saloon from Mercedes-AMG and a concept vehicle that shows how Mercedes-Maybach will enter the age of electric mobility. Plus, the EQE will be presented as a European premiere. smart will also be there with a show car that provides an insight into the first vehicle from its new generation of all-electric models," said Mercedes. The EQS is an electric S-Class which is the first Mercedes …
Say Hello To The Lamborghini Jumpacan, The Crazy Desert Racing Cousin Of The Urus
Lamborghinis sure know a thing or two about making SUVs. There was the LM002 back in the 1980s, while the famed Urus is literally setting the assembly line on fire with well over 15,000 units sold in nearly four years. But let's face it, you wouldn't dare take the Urus off-roading, and are definitely not jumping on trails and mountains and reefs. While that would be an SUV's playground, in theory, the Urus isn't just the Lamborghini that comes to mind to do that. Instead, it will be the 'Lamborghini Jumpacan' that looks more purpose-built. Also Read: This Is Lamborghini's Highest Produced Model In The Shortest Time Span The Lamborghini Jumpacan can be sliding around the desert doing donuts during high-speed tests Now, before you start speculating, this isn't a new off-roader from the Italian automaker. Instead, it's a one-off special vehicle built by the guys at B is for Build. The guys there got the chassis from a Huracan that was destined for the scrapyard. They are …
Hyundai & LG Invest $1.1 Billion In Battery Plant in Indonesia
South Korean tech and auto giants, Hyundai and LG have collaborated towards a $1.1 billion investment in Indonesia for a battery plant. The two have announced a memorandum of understanding with the government of Indonesia to manufacture electric vehicle batteries via a joint venture. The plan is to build a plant near the capital of Indonesia, Jakarta. Already Hyundai is a big player in EVs -- it has its new IONIQ brand dedicated to EVs, while it also makes electric cars under the parent Hyundai brand like the Kona which is even sold in India. Its subsidiary brands Kia and Genesis also have a number of EVs in the works apart from models that are already sold abroad. Hyundai leverages the E-GMP modular EV skateboard that it developed in partnership with US-based EV startup Canoo which was once a target of an Apple acquisition. Since then, that startup has gone public via SPAC. LG Chem was rebranded to LG Energy Solutions last year Earlier in the year, Hyundai announced …
2022 Mercedes-Benz S-Class Guard Breaks Cover
The Mercedes-Benz S-Class is favoured by state heads, politicians, business tycoons and celebrities. And while some jobs have a low-risk work environment, there are others who are constantly on a watchlist of potential targets. That's really where the S-Class Guard steps in. It's the armoured derivative of the limousine and now we have a new-generation version of the car with new levels of protection. The new S-Class Guard gets VPAM VR10 certification which is a step above the B7 protection offered previously. It looks identical to the standard S-Class, which in a way is a safety feature, given that attackers wouldn't immediately come to know of the car's armoured nature. Also Read: 2021 Mercedes-Benz S-Class Review; Luxury Redefined The 2022 Mercedes-Benz S-Class Guard looks identical to the standard S-Class The VPAM VR10 certification is the highest level with regard to ballistic protection for a civilian vehicle in Europe. This means that it is equipped with …
F1: Lewis Hamilton Hints At AMG Collaboration With Mercedes For EV
While a lot of drama is going on on and off the track for Lewis Hamilton, the defending world champion in the aftermath of the British GP, the 7-time world champion shared an emotional post about how long he's been driving a Mercedes AMG -- 24 years as of 2021 - hinting at bigger things to come with the team with whom he's now committed to till 2023 end. "I've been with Mercedes AMG F1 for 24 years. They have supported me through thick and thin. I can remember racing in Portugal at the world karting championship with AMG on my visor when I was 15 dreaming that one day I would be racing in Formula 1 for them. I'm so proud of the growth within the brand, leading the world of luxury cars but also the fastest and most technically advanced," said the 7-time world champion. The 1,000 bhp hypercar is being developed with the input of Hamilton "Coming together we push to be better in every way, most recently for more inclusion and diversity within our sport and industry. Keep …
Porsche Reports An Operating Result Of 2.79 Billion Euros In First Half Of 2021
German luxury sports car maker, Porsche has released the financial results for the first half (H1) of the 2021 calendar year. Between January and June 2021, the company achieved sales revenues of 16.53 billion euros, along with an operating result of 2.79 billion euros. The return on sales was 16.9 per cent. Compared to the company's 12.42 billion euros sales revenue achieved in H1 2020, Porsche witnessed an increase of 33 per cent. At the same time, the company's operating result grew by 127 per cent, as against the 1.23 billion euros achieved during the same period in 2020. Having said that, this strong growth should be considered a one-off incident given the unfavourable conditions caused by the Covid-19 pandemic in the second quarter of 2020. Also Read: Porsche's Global Sales Grew 31% In First Half Of 2021; Sells Over 1.53 Lakh Units Worldwide A more accurate comparison would be with the H1 results of 2019 when Porsche achieved a revenue of 13.41 billion euros, leading to a …
Hyundai Motor And Hyundai Electric Join Hands To Develop Hydrogen Fuel Cell Package
Hyundai Motor Company on Thursday officially announced that it has signed a Memorandum of Understanding (MOU) with Hyundai Electric to develop a hydrogen fuel cell package for mobile power generation. The agreement signing took place virtually, which was attended by Saehoon Kim, Head of Hyundai Motor Group Fuel Cell Center, and Seok Cho, President and CEO of Hyundai Electric. The partnership combines Hyundai Motor's fuel cell experience and Hyundai Electric's power equipment expertise. Also Read: Hyundai Likely To Launch New EV In India By 2024; Will Be Positioned Below Kona EV Under the agreement, the two parties will develop a hydrogen fuel cell package dedicated to mobile power generators and alternative maritime power (AMP) supply solutions, based on Hyundai Motor's polymer electrolyte membrane fuel cell (PEMFC) system that is used in Hyundai Motor's fuel cell vehicles. The MOU signing took place virtually, which was attended by Saehoon Kim, Head of Hyundai Motor …
Hero MotoCorp Net Profit Rises 39 Per Cent In Q4 FY21
Hero MotoCorp has reported a 39 per cent year-on-year increase in net profit to ₹ 865 crore for the January to March 2021 quarter. The world's largest manufacturer of two-wheelers by volume also reported a 39 per cent growth in revenue from operations to ₹ 8,686 crore in the fourth quarter. During the period, Hero MotoCorp despatched 15.68 lakh units of motorcycles and scooters, registering a growth of 18.5 per cent over the corresponding quarter in the previous year. In the fourth quarter of FY2020, Hero had sold 13.23 lakh two-wheelers. Also Read: Hero MotoCorp Records Month-on-Month Sales Decline Of 35.47 Per Cent In April 2021 The Hero Splendor is India's highest-selling motorcycle "The Financial Year (FY) 2021 was one of the most challenging periods for the entire world due to the outbreak of the Coronavirus pandemic. While a late recovery towards the second half of the FY'21 saw the company gain strong volumes, the broader market continues to suffer in view of …