The interior of a Hyundai Motor Co Ioniq 5 electric vehicle (EV) automotive robo-taxi displayed in the Gangnam district of Seoul, South Korea, on June 9, 2022. (Photo: Bloomberg) Pipe down for a second Elon, the hottest things in the auto industry — the most electric electrics — now come from Hyundai Motor Co. Earlier this year, the South Korean carmaker rolled out two new battery-powered cars — the Hyundai Ioniq 5 and its sibling, the Kia EV6 — which promptly tore up the sales charts, passing the Nissan Leaf, Chevrolet Bolt and every other electric vehicle on the market not made by Tesla. In the United States this year through May, Hyundai sold 21,467 of these two machines, besting even the white-hot Ford Mustang Mach-E, which was snapped up by 15,718 drivers. “From an EV perspective, they’re really just kind of cleaning the floor,” said Edmunds analyst Joseph Yoon. “I honestly don’t know if any dealers around me have any in stock.” Tesla still sells far more cars, but it … [Read more...] about Sorry Elon Musk. Hyundai’s quietly dominating EV race
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WRC: India’s Gaurav Gill Sets Fastest Time In WRC2 Grid In Safari Kenya Rally
Representing India after a hiatus of two years, Indian rally driver Gaurav Gill clocked a time of 3m32.9s in SS1 - Super Special Kasarani of the World Rally Championship (WRC) Safari Rally Kenya. The driver went on to set the fastest time in the shakedown in the WRC2 grid, 14.1 seconds of WRC1 driver Sebastien Ogier. Gill was last seen on the WRC2 rally circuit in Turkey and Australia in 2019 and returns to the championship driving the Skoda Fabia Rally 2 with Brazilian co-driver Gabriel. The Safari Kenya rally is considered one of the most onerous rallies in the world, where legends are fighting for the top title. Also Read: Gaurav Gill Returns To WRC 2 With Safari Rally In Kenya Speaking on his performance, Gaurav Gill said "We had a good start in the Shakedown for our team which helped us today to mark another fastest completion. We are working on improving our on-ground strategies to claim good results in the remaining stages. It's a long and challenging rally. We'll put … [Read more...] about WRC: India’s Gaurav Gill Sets Fastest Time In WRC2 Grid In Safari Kenya Rally
Ola Shuts Down Used Cars And Quick Commerce Businesses; To Focus On EVs
Ola today announced that it has shut down the Ola Dash used car and quick commerce business. The company has decided to reorient its used vehicles business Ola cars, less than a year after it was launched. The company released a statement saying, “Ola has reassessed its priorities and decided to shut down Ola Dash- its quick commerce business. Ola will also be reorienting its Ola Cars business to focus more on strengthening the go-to-market strategy for Ola Electric.” The company added saying that the Ola Cars infra, technology and capabilities will be repurposed towards Ola Electric's sales and service network, thus clearly showing the company's intention that the electric mobility business is at the heart of it all. This certainly does not come as a surprise because according to the company Ola Electric commands a 50 per cent revenue share of the entire electric two-wheeler segment. It recently released data to support this statement as well. Between April and May 2022, … [Read more...] about Ola Shuts Down Used Cars And Quick Commerce Businesses; To Focus On EVs