Overdrive | First Drive of 2024 Jeep Wrangler Rubicon unveils enhanced off-road prowess
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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Overdrive also conducted a thrilling comparison test, pitting two turbo petrol SUV titans – Hyundai’s Creta and Skoda’s Kushaq – against the popular hybrid SUV, Toyota’s Urban Cruiser Hyryder.
In the heart of Punjab’s forest trails, Overdrive recently embarked on an exhilarating journey behind the wheel of the 2024 model of the Jeep Wrangler Rubicon.
Renowned for its dominance in off-road terrains, the latest iteration of the Wrangler Rubicon proved to be a formidable companion as it traversed through challenging landscapes, showcasing its enhanced capabilities.
As Overdrive took the wheel, they delved into the myriad of updates and improvements that define the 2024 Jeep Wrangler Rubicon.
From its exterior design to its robust mechanical prowess, every aspect of the iconic off-roader has been meticulously refined to elevate the driving experience to new heights.
But the Wrangler Rubicon wasn’t the only star of the show. Overdrive also conducted a thrilling comparison test, pitting two turbo petrol SUV titans – Hyundai’s Creta and Skoda’s Kushaq – against the popular hybrid SUV, Toyota’s Urban Cruiser Hyryder.
In a battle of performance, innovation, and versatility, these formidable contenders faced off to determine the ultimate champion in the competitive SUV landscape.
For more, watch the accompanying video
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
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Ferrato’s e-bike ‘Disruptor’ now open for pre-booking, claims running cost of ₹1 per 4 km
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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The Disruptor will come equiped with a PMSM motor delivering a peak power of 6.37 kW and a top speed of 95 km/h. It boasts a torque of 228 Nm and a range of 129 km on a single charge, courtesy of its 3.97 kWh battery capacity.
Okaya EV’s premium brand, Ferrato, has commenced pre-bookings for its inaugural electric bike, the “Disruptor”. The pre-booking phase begins today, with the first 1000 customers eligible to reserve the Disruptor for just ₹500.
Following this introductory offer, the pre-booking price will rise to ₹2,500. The official price of the Disruptor will be unveiled on May 2, 2024.
The Disruptor is equipped with a PMSM motor delivering a peak power of 6.37 kW and achieving a top speed of 95 km/h. It features a torque of 228 Nm and offers a range of 129 km on a single charge, facilitated by its 3.97 kWh battery capacity. The company asserts that the bike can be operated for 25 paise per km, equivalent to ₹1 per 4 km.
Anshul Gupta, Managing Director of Okaya EV, expressed his enthusiasm about the pre-bookings for the Disruptor. He remarked, “This electric marvel combines unmatched power, cutting-edge design, and advanced technology, offering an exhilarating ride for sports bike enthusiasts and fans alike.”
Okaya EV’s previous launch was the Motofaast scooter, priced at ₹1.37 lakh (ex-showroom). The Motofaast, boasting a top speed of 70 kmph, is equipped with a dual battery system, offering a combined capacity of 3.53 kWh.
Okaya EV asserts that its Motofaast e-scooter provides a riding range of up to 130 km on a single charge and takes approximately 4-5 hours to charge to full capacity.
Furthermore, the company has announced plans to establish premium service centres for the Ferrato sub-brand and intends to establish more than 100 dealerships for the premium brand.
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter
Maruti Suzuki Q4 Results Preview: Strong volume growth to aid, margin expansion seen on better mix
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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Maruti reported strong volume growth of 13% from last year during the January – March quarter. Total volumes for the quarter stood at 5.84 lakh units from 5.14 lakh units last year.
India’s largest passenger car manufacturer Maruti Suzuki India Ltd. will be reporting its March quarter earnings on Friday amidst some sharp moves seen in the stock recently. The stock has risen over 5% in the last one month and is up 26% so far in 2024.
A CNBC-TV18 poll expects Maruti Suzuki’s revenue growth to be in excess of 20%, while net profit is likely to grow more than 50% compared to the same quarter last year.
Maruti reported strong volume growth of 13% from last year during the January – March quarter. Total volumes for the quarter stood at 5.84 lakh units from 5.14 lakh units last year.
Volume growth in Maruti during the quarter was driven by visible traction in the utility vehicles business, which saw growth of 71% from last year. However, despite the surge in overall volumes, those for entry-level vehicles fell by 28% from year-on-year.
Maruti may report a 290 basis points expansion in its EBITDA margin to 13.4% led by stable raw material costs, improving product mix and benefits from operating leverage.
Shares of Maruti hit a record high of ₹13,066 on April 24 this year. The stock has gained 20% in the last six months and is currently trading at 28 times financial year 2025 price-to-earnings multiple.
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter
First BMW i5 M60 electric sedan launched in India — check price, colour options, features
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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The i5 M60 xDrive launch marks the debut of the electric 5 Series in India. Buyers can choose from various colours, including metallic options such as M Brooklyn Grey, M Carbon Black, Cape York Green, Phytonic Blue, Black Sapphire, Sophiosto Grey, Oxide Grey, and Mineral White; as well as a non-metallic option, Alpine White.
BMW India, on Thursday, April 25, launched the i5 electric sedan as the i5 M60 xDrive, marking the debut of the electric 5 Series in India with a BMW M Performance model. Priced at ₹1.20 crore (ex-showroom), the i5 M60 xDrive is a single-trim offering, imported to India as a full-import CBU.
A single-trim offering means that the car is available in one configuration, without any variations or options in terms of features, equipment, or specifications.
Buyers can choose from various colours, including metallic options such as M Brooklyn Grey, M Carbon Black, Cape York Green, Phytonic Blue, Black Sapphire, Sophiosto Grey, Oxide Grey, and Mineral White; as well as a non-metallic option, Alpine White.
Vikram Pawah, President of BMW Group India, commented on the launch, stating, “It brings together the legacy of eight generations of the sportiest executive sedan – the ‘5’, adrenaline-laden performance of ‘M,’ and the sustainability of ‘i’.”
While retaining the exterior body of the regular 5 Series, the i5 M60 has a sportier appearance. The kidney grille now features a glossy-black blanked off panel with LED illumination. The headlamps have a sweeping design with crescent-shaped LED lamps and large air intakes. The i5 M60 features 20-inch alloy wheels and thin LED taillamps with a wraparound design in the rear.
Unlike the upcoming 5 Series, which will be offered in its long-wheelbase version in India, the i5 is presented in its standard wheelbase.
Inside, the i5 boasts the latest BMW interiors, including a 12.3-inch instrument cluster and a 14.9-inch infotainment display. The layout, inspired by the 7 Series/i7, has a minimalist design. The cabin includes several M-specific elements like carbon fibre trim, M-specific displays, an M-steering wheel, sports seats, and a dark roof lining. Features include a 4-zone climate control, 360-degree camera, panoramic sunroof, ventilated seats, and electrically adjustable seats.
The BMW i5 M60 comes with an 83.9 kWh battery pack, providing a WLTP claimed range of 516 km on a single charge. WLTP stands for Worldwide Harmonised Light Vehicles Test Procedure, an internationally recognised standard for measuring the fuel consumption and emissions of vehicles, including electric vehicles.
It’s powered by two electric motors producing a total of 601 bhp and 795 Nm of torque. BMW claims the i5 M60 can accelerate from 0 to 100 kmph in 3.8 seconds, with a top speed of 230 kmph.
The car comes with an 11 kW AC charger, and customers can opt for a 22 kW AC charger at an additional cost. With 205 kW DC charging, the battery can be charged from 10 to 80% in under 30 minutes.
The BMW i5 M60 xDrive does not have direct competition in the Indian electric sedan market. Recently, the BMW 5 Series/i5 was awarded the 2024 World Luxury Car by the World Car Awards.
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
3 Mins Read
Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter
China displays EV future, local brands at Beijing International Automotive Exhibition
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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Auto manufacturers are set to unveil 117 new models, while overall 278 new energy vehicles (NEVs) will go on display, seven more than last year at Beijing International Automotive Exhibition, as per Reuters.
China’s largest auto show opened in Beijing on Thursday with the biggest names showing off their latest electric vehicles (EVs), underlining how the world’s largest auto market is already in an all-electric state of mind, and isn’t looking back.
Automakers are set to unveil 117 new models versus 93 at last year’s show in Shanghai, while overall 278 new energy vehicles (NEVs) will go on display, seven more than last year, organisers said.
The show, which runs through early next month, comes as NEV sales hit a milestone in early April, accounting for over 50% of cars sold in China, auto association data showed.
Sales have been getting a boost from a year-long price war that has sapped profit margins, as automakers strive to keep up by announcing newer, cheaper models and promotions.
“At the Beijing auto show, there’s no doubt there is no interest in gasoline vehicles anymore. Everyone is looking for the latest technologies in intelligence and electrification,” William Li, founder and CEO of Chinese EV maker Nio told Reuters.
“If you come here, you should have no doubt about EVs anymore. It is actually not the future but is what’s happening right now.”
Crowds flooded the booths of Chinese manufacturers such as BYD and industry newcomer Xiaomi with the smartphone maker stealing the show by holding one of the earliest press events. Xiaomi CEO Lei Jun said locked-in orders for its sporty SU7 sedan had hit 75,723 and that buyers included owners of cars from the likes of BMW and Audi.
Foreign automakers, who have been scrambling to reset their China strategies and catch up with the electric shift, touted plans to invest more in local production and research, with Japan’s Nissan Motor and Mazda Motor unveiling cars tailored for Chinese drivers.
US automaker General Motors left traditional engine vehicles out of its show line-up for the first time, while Germany’s Mercedes Benz dismissed rumours it was giving up on electrification as it showed a handful of new EVs.
Tesla skipped the show again. Its last appearance was in 2021 when an unhappy customer clambered atop a Tesla being displayed to protest its handling of her complaints about brakes she said were malfunctioning.
Some Chinese brands outlined overseas plans, brushing off European and US concerns about industry overcapacity and stressed they had simply become better through innovation.
“With the Chinese automotive industry entering a new era of globalisation and the growing strength of Chinese domestic brands, Chinese vehicles moving onto the world stage has also become a new trend,” said Great Wall Motor President Mu Feng.
Mart Driving
Domestically designed advanced driving assistance systems similar to Tesla’s Full Self-Driving (FSD) were also marketed by several automakers as key selling points.
A number of firms, such as Seres and Guangzhou Automobile Group (GAC), which markets China’s third-best-selling EV brand, touted systems supplied by Huawei Technologies whereas others like BYD and XPeng promoted features developed in-house.
BYD said it would launch two revamped models in its mass market Dynasty and Ocean series in the second quarter equipped with its self-developed advanced driving assistance system (ADAS), while XPeng said it would continuously upgrade software at a “super fast” pace to keep it ahead of rivals.
GAC said it would launch flagship models equipped with Huawei’s ADAS from January 2025. It is among seven brands of state-owned automakers that struck partnerships with Huawei to leverage the latter’s ADAS technology.
“Huawei is leading in advanced assistance driving capabilities,” said GAC General Manager Feng Xingya. “We have to make sure the GAC products consumers get are most advanced in those technologies.”
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
3 Mins Read
Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter
Tata Motors partners with HARMAN Ignite Store to power its integrated in-vehicle app store for its EVs
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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With this new partnership, the HARMAN Ignite Store will power the automaker’s Arcade.ev, its recently launched built-in app suite availabile in the Nexon EV and Punch EV. The list of appes will be continuously extended. THe initial content partners include Gaana, Jio Saavn, Jio Pages, TuneIn Radio, DASH Radio, Beach Buggy, Trebble FM, video apps, and more, the company said.
Tata Motors has partnered with the HARMAN Ignite Store as its in-vehicle app store, which will get easily accessible. reliable and mobility expereinces to more customers across a new geographical region, the latter said in a statement.
HARMAN is a wholly-owned subsidiary of Samsung Electornics.
With this new partnership, the HARMAN Ignite Store will power the automaker’s Arcade.ev, its recently launched built-in app suite availabile in the Nexon EV and Punch EV. The list of appes will be continuously extended. THe initial content partners include Gaana, Jio Saavn, Jio Pages, TuneIn Radio, DASH Radio, Beach Buggy, Trebble FM, video apps, and more, the company said.
Jens Beckmann, Senior Director of HARMAN Ignite Store at HARMAN International, said the company was delighted to collaborate with Tata Motors and bring India its first integrated in=vehicle app store.
Meanwhile, Anand Kulkani, Chief Product Officer for EV at Tata Motors, said the company’s relationship with HARMAN allows it to keep consumers connected to the contant that is most important to them, while also deliverng experineces that enhance their device. “Our cusotmers want to bring their digital lives with them on the road, with HARMAN Ignite Store our new Nexon EV and Punch EV deliver that for them seamlessly,” he said.
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter
Elon Musk is not the only one pouring more money on electric cars
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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Tesla CEO Elon Musk and Vinfast founder Pham Nhat Vuong are backing their bets on electric vehicles with more investments when other global giants like General Motors and Ford are shifting focus to hybrid cars as EV demand slows down globally.
Vingroup, which has already invested $11.4 billion into Vinfast in the six years ending 2023, seems to doubling down on his bet on EVs, just like his American peer Elon Musk, the chief executive officer of $508 billion Tesla and the world’s third richest man.
Now, the richest man in Vietnam with a net worth of over $4 billion, Pham Nhat Vuong, has said that he would investor another billion dollars of his personal fortune into his electric car making company, Vinfast, according to a Bloomberg report.
Aside from the US and Indonesia, Vinfast has already committed investments in is India and started construction of its plant that would be operational next year.
Stock
Change in 2024
Vinfast
-64%
Tesla
-35%
Musk and Vuong are keeping the faith on the prospects for electric cars
Globally, there’s a fall in people buying electric cars leading to a price war led by Tesla offering deep discounts in major markets.
Companies like General Motors and Ford, which are older international peers for Tesla and Vinfast, have cut back on the production electric cars and, instead, have shifted focus to hybrid cars that seem to have more takers. “This is not the right strategy,” Musk told analysts after the company’s quarterly earnings on April 24 showed the sharpest drop in quarterly revenue since 2012.
Tesla is driving down prices of electric cars — and laid off thousands of employees — in the face of slowing demand but has revealed plan to increase production capacity to 3 million cars from the current 2.35 million.
FILE PHOTO: Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31, 2023. REUTERS/Tingshu Wang//File Photo
Meanwhile, Vinfast, a much smaller company compared to Tesla, plans to increase its production capacity to 550,000 electric cars a year by 2026 from the current 300,000.
More than half of Vinfast’s added capacity would come India
VinFast is building a factory in Tamil Nadu that would start production in 2025, and will eventually have a capacity of producing 150,000 EVs in a year. The company’s plant in Vietnam has a capacity of 250,000 units.
Aside from this, the company is also reportedly planning a battery manufacturing plant in Thoothukudi, which is also a city in southern Tamil Nadu.
The company has already committed to invest $500 million in the first five years of the project and has plans to scale up the investment in India to $2 billion.
Image: Reuters
Tesla too is interested in investing in India. Musk had announced a trip to India earlier in April 2024 where he would meet the country’s Prime Minister Narendra Modi before cancelling the plan due to some scheduling constraints.
In this image made from video provided by Narendra Modi Youtube Channel, Indian Prime Minister Narendra Modi, right, met Tesla and SpaceX CEO Elon Musk, left, during a meeting in New York, Tuesday, June 20, 2023.( Narendra Modi Youtube Channel via AP)
Both Vinfast and Tesla have sought relaxations in the Indian government’s policy aimed at boosting electric car production in one of the world’s third-largest market for automobiles.
Musk also wants permission to launch Starlink, a satellite-based internet service provider, in India.
Indian government is keen on increasing the production and sales of electric vehicles in India.
The attempts to shift millions of Indians from the traditional combustion engine cars to to electric vehicles is part of a larger strategy to mitigate the impact of climate change.
The sales of electric vehicles in India increased 50% to 1.5 million units in 2023, and the share of EVs in the overall automobile sales has gone up to 6.3% in 2023 from just 1.7% in 2021.
Vuong is already invested in one of the world’s biggest markets with a large headroom for growth. When will Musk sign the dotted line?
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
3 Mins Read
Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter
Hyundai Motor Group Executive Chair visits India as carmaker eyes IPO
KV Prasad Jun 13, 2022, 06:35 AM IST (Published)
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Sources had earlier told CNBC-TV18 that Hyundai is working towards filing its Draft Red Herring Prospectus (DRHP) papers with the Securities and Exchange Board of India (SEBI) by May and is hoping to go public in the third quarter of FY25.
Hyundai Motor India plans to unveil its first locally produced electric vehicle (EV) in India next year, the carmaker said in a statement on April 25.
“Starting with the mass production of its first electric SUV model at the Chennai plant at the end of 2024, the company plans to further produce five EV models by 2030. Hyundai Motor India will also utilize its sales network hubs, expanding the number of EV charging stations to 485 by 2030,” the firm said.
Hyundai’s statement came against the backdrop of Hyundai Motor Group’s Executive Chairman, Euisun Chung’s strategic visit to India at a time when the company is looking to firm up IPO plans for the Indian market. The visit is part of Hyundai’s efforts to cement its position as a leading mobility provider in India through mid- to long-term strategies, the firm said.
Hyundai, which entered India 27 years ago, is among the top three car makers in India with a 15% market share. The company’s line-up of sports utility vehicles (SUVs) including Tucson, Creta, Venue and Exter are among the highest-selling SUVs in the Indian market. Hyundai India is looking to raise over $3 billion at a valuation of $30 billion. This could well be the largest-ever IPO in India.
According to the company, Chung is in India to review the Group’s mid- to long-term future mobility strategies that lay the foundation for its leadership in the Indian market and sustainable growth.
Hyundai Motor Group said it has set mid-to long-strategies to proactively respond to the Indian automotive market. Key to this is the laying of groundwork to expand production.
“Hyundai Motor India will start operating its Pune plant in the second half of next year. Located in Maharashtra, western India, the production facility was acquired from GM last year. Hyundai Motor is currently making improvements to the facility to create a production hub capable of building more than 200,000 units annually, using smart manufacturing technology and systems,” it said.
As per the statement, with the addition of the Chennai plant’s production capacity of 824,000 units, Hyundai Motor will have an annual production capacity of over one million units when combined with the Pune plant.
Meanwhile, Kia India’s yearly production capacity will also be expanded to 431,000 units within the first half of this year. Combined together, Hyundai Motor Group will have the ability to produce approximately 1.5 million units annually in India.
Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout
3 Mins Read
Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter
Unveiling Power: The Lamborghini Urus SE plug-in hybrid, the most powerful version of the SUV yet, has been unveiled. It’s set to be showcased at Auto China Beijing 2024. The Urus SE features design updates compared to the Urus S and Performante.Power Boost: Under the skin, the twin-turbo V8 is joined by an electric motor and on-board battery pack. This combination increases power and torque output, making it a talking point.Front Facelift:Starting from the front, the Urus SE gets slimmer headlamps with new C-shaped daytime running lamps. The bumper and air vents have been tweaked. The bonnet is new and now stretches down to the grille.Side and Rear: The bonnet vents of the Urus S have been removed. Down the side, little seems to have changed aside from the alloy wheels. The rear gets a more notable overhaul with the bumper and tailgate both being new units.Interior Changes: Inside the cabin, there have been some changes to the SUV’s design. The centre console now features a strip of leather or Alcantara running the width of the dashboard under the central touchscreen. This has resulted in revised positioning for some of the switchgear.Powertrain Talk: The 4.0-litre twin turbo V8 under the hood now generates 612 bhp and 800 Nm of torque. The engine is paired with an electric motor integrated into the 8-speed automatic gearbox that offers an additional 189 bhp and 483 Nm. Total system output stands at 789 bhp and 950 Nm.Electric Capabilities: The electric powertrain of the plug-in hybrid system is paired with a 25.9 kWh battery pack located under the boot floor. Lamborghini claims an all-electric range of 60 km for the SUV.Speed and Control: Lamborghini claims a 0-100 kmph time of 3.4 seconds. The Urus SE also brings with it a new centrally located longitudinal torque vectoring system that continuously distributes power between the front and rear axles. There is also a new rear electronic limited-slip differential.Drive Modes: The Urus SE gains new drive modes – EV Drive, Hybrid, Performance and Recharge. These are offered in addition to the previously available six modes. The new PHEV drive modes work in conjunction with the previously offered six drive modes.Market Competition: The new Urus SE will go up against other flagship plug-in hybrid SUVs sold in global markets such as the Bentley Bentayga, Porsche Cayenne Turbo S e-hybrid and the Range Rover hybrid.
Vantage Unveiled: Aston Martin has launched the upgraded Vantage sports car in India. Priced at ₹3.99 crore (ex-showroom) before options, the new Vantage has been unveiled globally earlier this year.Exterior Upgrades: The new Vantage sports an updated look with a wider grille, a new bumper, revised headlamps, and a new bonnet. The vents behind the front wheels have been redesigned, and it features a new bumper with redesigned air vents at the back.Wheel Details: The Vantage sits on standard 21-inch satin silver alloy wheels, adding to its sleek design.Cabin Improvements: The cabin of the Vantage has seen significant improvements. It now houses a new 10.35-inch touchscreen infotainment system, also seen on the DB12, and all the switchgear has been revised.Steering and Cluster: The driver gets a new digital instrument cluster and a newly designed steering wheel, enhancing the driving experience.Engine Upgrades: Under the hood, the 4.0-litre twin-turbo V8 engine has been reworked to develop an additional 153 bhp and 115 Nm over the outgoing Vantage V8. The total power stands at 656 bhp and 800 Nm.Performance Stats: The sports car can go from 0-100 kmph in a claimed 3.5 seconds and hit a top speed of over 325 kmph. In comparison, the outgoing Vantage V12 developed 690 bhp and 753 Nm and hit a top speed of 322 kmph.Customisation Options: Aston Martin offers a host of customisation options for the new Vantage. These include paint finishes from its bespoke Q division, different alloy wheel designs, lightweight carbon fibre seats, and optional carbon ceramic disc brakes.Suspension and Brakes: The upgrades to the engine are accompanied by revisions to the suspension set-up for greater agility. Stopping power comes from steel disc brakes at all four corners, with carbon ceramic brakes offered as an option.Market Competition: The new Vantage will compete with models such as the Ferrari Roma, Porsche 911, Mercedes-AMG GT 4-Door Coupe, and BMW M8 in the market.
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