In pre-pandemic times, buying a pre-owned car required people to visit the showrooms, prolonged negotiations, and detailed inspections. But it is not the case now. Buyers are more confident with online buying now.

Toyota Motor Corp. may shift electric-vehicle production to the US if demand continues to grow, according to a top executive. The Japanese carmaker is joining peers in embracing the technology.

According to TechSci Research, the used car loan market will grow at a CAGR of around 11% and reach $ 16 billion by FY 2027. Low interest rates, increased ownership of used cars, etc. would drive this growth.

Overall drive system weight and space are reduced by integrating the gearbox, a 400V silicon inverter and the motor with a compact, 146mm stator outer diameter.

The company expanded its dual-stage battery pack vent line with Dual-Stage Flex battery vent. It enables pressure relief at lower pressures and supports the life of electric vehicle (EV) batteries.

The new tech enhances transient boost by 200 per cent along with a 50 per cent reduction in time-to-torque. It improves fuel economy by enabling further engine downsizing. High-voltage hybrid vehicle production is scheduled for 2023.

BorgWarner has entered into a global agreement with major European OEM to supply its advanced eTurbo for hybrid vehicle application. This will be the company’s first application of its turbocharger in a high-voltage hybrid car.

Saietta Group specialises in axial flux technology (AFT) while Padmini VNA is a tier-1 supplier of emission technologies. The partnership aims to localise AFT Motors to cater to the Indian EV market.

Lohum, a popular lithium-ion battery maker, will set up a new manufacturing unit in Greater Noida to expand its production capacity. The company will be pumping Rs 2.5 billion for the expansion