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Tesla Enters India With $70K Model Y, Opens Mumbai Showroom
Tesla Enters India With $70K Model Y, Opens Mumbai Showroom

Yahoo

time6 hours ago

  • Automotive
  • Yahoo

Tesla Enters India With $70K Model Y, Opens Mumbai Showroom

Tesla (TSLA, Financials) has started selling its Model Y in India. The price is $70,000, which is a lot more than the base price of $44,990 in the U.S. because of high import tariffs. On Tuesday, the firm launched its first shop in Mumbai and started taking orders online. Deliveries should commence in the third quarter of is also a long-range version of the Model Y that costs $79,000. There are no plans to make either version in the US right now; they are both made in China. Tesla also released its Full Self-Driving upgrade for $7,000, although it still needs a driver to watch over it, especially because of India's tough road is putting superchargers in Mumbai and Delhi, where they want to open a second showroom. The company is talking to officials in the U.S. and India about possible tariff relief, which could affect its long-term growth. This article first appeared on GuruFocus.

Automotive Energy Harvesting Market to Hit $302.5 Billion by 2030 - Key Growth Drivers Explored
Automotive Energy Harvesting Market to Hit $302.5 Billion by 2030 - Key Growth Drivers Explored

Yahoo

time12 hours ago

  • Automotive
  • Yahoo

Automotive Energy Harvesting Market to Hit $302.5 Billion by 2030 - Key Growth Drivers Explored

The Automotive Energy Harvesting and Regeneration market offers key opportunities in enhancing vehicle efficiency and sustainability. With innovations like regenerative braking and advanced energy conversion technologies, there's a strong demand driven by the rise of electric vehicles and emission regulations, especially in markets like Europe and North America. Automotive Energy Harvesting and Regeneration Market Dublin, July 15, 2025 (GLOBE NEWSWIRE) -- The "Automotive Energy Harvesting and Regeneration - Global Strategic Business Report" has been added to global market for Automotive Energy Harvesting and Regeneration was estimated at US$108.4 Billion in 2024 and is projected to reach US$302.5 Billion by 2030, growing at a CAGR of 18.7% from 2024 to 2030. How Is Energy Harvesting Transforming the Automotive Landscape?The automotive energy harvesting and regeneration market is at the forefront of innovations that aim to improve vehicle efficiency and sustainability. Energy harvesting refers to the process of capturing and converting ambient energy, such as vibration, heat, or kinetic energy, into usable electrical power, thereby reducing reliance on conventional power sources. This technology is becoming increasingly vital in electric vehicles (EVs) and hybrid electric vehicles (HEVs), where energy efficiency is a top priority. Regenerative braking, one of the most common applications, allows vehicles to recapture kinetic energy lost during braking and convert it back into electrical energy for battery storage. This process not only enhances fuel efficiency but also reduces emissions, making it a key area of focus for automakers committed to sustainability Is Driving Demand for Energy Harvesting Solutions in the Automotive Sector?The growing demand for energy-efficient and sustainable vehicles is a major factor influencing the adoption of energy harvesting technologies in the automotive sector. With the global push towards reducing greenhouse gas emissions and dependency on fossil fuels, automakers are increasingly incorporating regenerative systems in their electric and hybrid models. Moreover, consumer demand for extended battery life and reduced charging times is compelling manufacturers to explore innovative ways to optimize energy usage within vehicles. Regions such as Europe and North America, which have stringent environmental regulations, are particularly driving this trend, encouraging the development of more sophisticated and efficient energy harvesting Factors Are Driving the Growth in the Automotive Energy Harvesting and Regeneration Market?The growth in the automotive energy harvesting and regeneration market is driven by several factors, including the rising demand for electric and hybrid vehicles, increasing emphasis on fuel efficiency, and stringent emission regulations globally. The rapid technological advancements in energy harvesting devices, such as piezoelectric sensors and thermoelectric generators, are enhancing the efficiency and capability of these systems. Additionally, consumer demand for vehicles that offer longer ranges with fewer emissions is prompting manufacturers to incorporate more energy-efficient solutions. As the automotive industry shifts towards electrification and sustainable practices, the adoption of energy harvesting technologies is expected to accelerate OF STUDY:The report analyzes the Automotive Energy Harvesting and Regeneration market in terms of units by the following Segments, and Geographic Regions/Countries: Segments: Application (Hybrid Electric Vehicles, Battery Electric Vehicles, Plug-In Hybrid Electric Vehicles, Pure Electric Vehicles) Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World. Key Insights: Market Growth: Understand the significant growth trajectory of the Hybrid Electric Vehicles segment, which is expected to reach US$122.3 Billion by 2030 with a CAGR of a 18.9%. The Battery Electric Vehicles segment is also set to grow at 20.1% CAGR over the analysis period. Regional Analysis: Gain insights into the U.S. market, valued at $30.3 Billion in 2024, and China, forecasted to grow at an impressive 17.7% CAGR to reach $45.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific. Report Features: Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030. In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Company Profiles: Coverage of players such as Continental AG, Delphi Automotive PLC, Denso Corporation, Faurecia SA, Gentherm, Inc. and more. This edition integrates the latest global trade and economic shifts into comprehensive market analysis. Key updates include: Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs. Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015. Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends. Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape. Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players. Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities. Key Attributes: Report Attribute Details No. of Pages 246 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $108.4 Billion Forecasted Market Value (USD) by 2030 $302.5 Billion Compound Annual Growth Rate 18.7% Regions Covered Global Key Topics Covered: MARKET OVERVIEW Tariff Impact on Global Supply Chain Patterns Automotive Energy Harvesting and Regeneration - Global Key Competitors Percentage Market Share in 2024 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E) MARKET TRENDS & DRIVERS Rising Focus on Energy Efficiency Driving Demand for Energy Harvesting Technologies Growth in Electric and Hybrid Vehicle Market Boosting Adoption of Regenerative Braking Systems Technological Innovations in Thermoelectric Energy Harvesting for Improved Vehicle Efficiency Increasing Integration of Energy Harvesting Systems in Automotive Interiors Expansion of Smart Road and Infrastructure Projects Driving Need for Energy Regeneration Advancements in Piezoelectric Energy Harvesting for Automotive Applications Growing Interest in Renewable Energy Sources Fueling Automotive Energy Harvesting Market Increasing R&D Investments in Kinetic Energy Recovery Systems (KERS) Demand for Lightweight Materials Enhancing Efficiency of Energy Harvesting Solutions Evolution of Micro-Harvesting Technologies in Modern Automotive Designs FOCUS ON SELECT PLAYERS Some of the 46 companies featured in this Automotive Energy Harvesting and Regeneration market report include: Continental AG Delphi Automotive PLC Denso Corporation Faurecia SA Gentherm, Inc. Ricardo PLC Robert Bosch GmbH Tenneco, Inc. Torotrak PLC ZF Friedrichshafen AG For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Automotive Energy Harvesting and Regeneration Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Researchers explore next-gen twin batteries that could solve concerning problem with EVs: 'A promising approach'
Researchers explore next-gen twin batteries that could solve concerning problem with EVs: 'A promising approach'

Yahoo

time3 days ago

  • Automotive
  • Yahoo

Researchers explore next-gen twin batteries that could solve concerning problem with EVs: 'A promising approach'

Electric vehicles are transforming transportation for the better, but producing their batteries comes with high costs — a trade-off that researchers at engineering firm IAV may have found a solution for. IAV, a firm focused on the future of mobility, has developed a twin-battery design that pairs two different but complementary chemistries to reduce the cost and environmental impact of manufacturing EV batteries, reported. Instead of relying on lithium-ion cells, the design combines sodium-ion (SIB) and lithium iron phosphate solid-state (LFP-SSB) batteries. SIBs are low-cost and easier to recycle, while LFP-SSBs offer long cycle life and strong energy density. The system reuses waste heat from one battery to optimize the performance of the other. Combining the two types creates an energy-saving system that could boost range and efficiency without the high costs of cooling, heating, or mining for lithium-ion batteries, according to IAV also designed and developed the new battery with minimal waste. Using COMSOL Multiphysics, IAV engineers were able to tweak parameters and simulate the batteries' real-world thermal, chemical, and mechanical behavior. This validated the effectiveness and efficiency of the battery system without the need for multiple prototypes, per which sped up development while slashing costs and resource waste. Jakob Hilgert, a technical consultant at IAV, considers the use of diverse cell chemistries "a promising approach to respond to market fluctuations and at the same time minimize system costs," per IAV is also exploring other innovations, like the use of bipolar technology to maximize volume utilization of lithium-ion batteries. There are also other companies pursuing similar breakthroughs. For instance, Watt Electric Vehicle Company is developing a solar-powered closed-loop production system. Other automakers are also investing in research and development for better EV chargers and infrastructure. If you were going to purchase an EV, which of these factors would be most important to you? Cost Battery range Power and speed The way it looks Click your choice to see results and speak your mind. Energy solutions like these can make EVs more affordable. They could help drive EV adoption, going far beyond the 17.3 million electric cars produced in 2024 alone. For drivers looking to save even more, pairing an EV with home solar can drastically reduce charging costs. Platforms like EnergySage make it easy to compare quotes from vetted vendors, and can help you save up to $10,000 while minimizing environmental impact. While there's no firm rollout date yet, IAV's approach could contribute to a smarter, cleaner, and more accessible EV future. Join our free newsletter for weekly updates on the latest innovations improving our lives and shaping our future, and don't miss this cool list of easy ways to help yourself while helping the planet.

The great EV pullback has begun
The great EV pullback has begun

The Verge

time4 days ago

  • Automotive
  • The Verge

The great EV pullback has begun

Electric vehicles are at a crossroads. Sales are still going up, but many automakers are canceling or delaying new models, worried by recent policy moves that will make EVs more expensive to own. Every day seems to bring fresh news of a delayed EV or a timeline that's been pushed back, as automakers struggle to adapt to this newly volatile environment. President Donald Trump's tariffs aren't helping much, nor is the recent passage of his $3.4 trillion 'big, beautiful' budget bill, which takes a sledgehammer to most EV incentive programs. And Trump's decision to reverse tougher emissions rules passed under former President Joe Biden is just icing on a pretty unappetizing cake. Expect a big push by car dealers to sell EVs before the $7,500 tax credit ends in September. But after that, the future looks dicey. Many car companies are still assessing the damage, but delaying future models seems like the most popular move right now. 'Today's escalating challenges could be deemed insurmountable' 'Automakers that delayed launches over the last few years might have benefited from monitoring the market; however, today's escalating challenges could be deemed insurmountable, likely resulting in more outright cancellations if the models lack a future abroad,' says Ivan Drury, director of insights at Edmunds. To be sure, EVs are absolutely here to stay. As many surveys have found, once you go EV, you're less likely to ever go back to internal combustion engines. Drury notes that nearly half the time (45 percent) an EV is utilized as a trade-in at a dealership for a new vehicle, the purchase is for another EV. But in the interest of clarity, let's do a run down of all the models' uncertain futures. Ferrari pushed back plans to launch its second fully electric vehicle, according to a report from Reuters, with an anonymous source noting that there is 'zero' demand for high-performance electric cars right now. The Blue Oval had the foresight to cancel its three-row electric SUV before Trump's win in the US presidential election last November. Instead, Ford is banking on a future lineup of inexpensive EVs that are under development by its skunkworks team in Silicon Valley. In the meantime, Ford expects to release a bunch of new gas and hybrid-powered three-row SUVs. The Japanese automaker has reportedly canceled plans for a large electric SUV. It was supposed to launch in 2027, but according to a report from Nikkei Asia, Honda has halted development on the model and slashed how much it plans to spend on EVs through 2030. This comes two years after Honda canceled its plan with GM to jointly release a new lineup of cheaper EVs. Honda says it still plans on releasing its Honda Zero models in the US next year. The ultra-luxury sports carmaker is considering postponing its first EV, the production version of the Lanzador concept from 2023, citing cooling market conditions. Lamborghini is also delaying its plans for an all-electric Urus. Instead, it plans to release a performance version of its plug-in hybrid crossover. Nissan is cutting production plans for its refreshed Leaf EV and is delaying two EVs that were scheduled to be built at its Canton, Mississippi, plant. According to an internal memo, Nissan is delaying production of the Leaf by about 10 months, citing slowing US demand as a result of the Trump administration's decision to cut EV tax credits. Rivian, which just received another $1 billion from its joint venture with Volkswagen, says it's still going ahead with its plan to release the R2 in 2026. But there's no word on when the buzzy R3 hatchback will go into production. 2026 is the same year that Slate Auto is expected to begin delivering its barebones electric truck, which was supposed to cost 'under $20,000' thanks to EV incentives. Now that those tax breaks are gone, Slate has scrubbed the price promotion from its website, replacing it with an expected price in the 'mid-twenties.' I'm also nervously watching Volkswagen's lineup of affordable EVs, which right now go by the model names (priced at €20,000, or about $20,800) and ID.2all (€25,000, or about $29,200). The company is finally seeing some success with its EVs, with global sales surging about 50 percent in the first half of 2025 year over year. But Volkswagen is struggling to sell its electric van in the US, which could ultimately dissuade it from bringing its cheaper models to North America. And there's also no official word about Tesla's supposed affordable EV. Tesla, which is on track to sell less EVs this year (and for the second consecutive year), hasn't said when the new model will be released. It's expected to be a cheaper version of the Model Y. Meanwhile, China's EV market continues to grow. Morgan Stanley recently estimated that China's battery-electric market is seven times larger than the US, with the lead widening every year. Drury says those hoping for an all-EV future may want to temper their expectations. 'While EV supporters may be hoping for a replacement ratio closer to one-to-one, it's worth considering that EV tech has a long runway of advancement for future generations,' he says, 'even if that future is delayed.'

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