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Volvo Strengthens Commitment to Electrification with 2025 Model Updates

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Volvo Unveils 2025 EV Lineup with Exciting Upgrades

Volvo Vehicle USA has declared evaluating and refreshes for its 2025 setup, stressing its commitment to zap. The 2025 setup upgrades Volvo’s completely electric and half breed contributions with updates to existing models, including the EX90, EX30, EX40, and XC90, while refining its naming construction for clearness. These updates feature Volvo’s obligation to manageability and development across its scope of extravagance vehicles.Volvo Unveils 2025 EV Lineup with Exciting Upgrades

Volvo EX90, an extravagance seven-seat electric SUV, begins at $79,995 and presents to 310 miles of range* with quick charging capacities (10-80% in around 30 minutes*). It is produced in Charleston, South Carolina. The conservative electric SUV, Volvo EX30, is evaluated from $44,900 and highlights a 153 kW accusing limit of a scope of up to 253 miles*. The Twin Engine Execution variation stands apart as Volvo’s speediest vehicle of all time.

The EX40, recently known as the XC40 Re-energize, has been updated with a 82 kWh battery and quicker charging capacities, improving its enticement for electric vehicle aficionados. In the mean time, the notorious half breed SUV, XC90, has gotten plan and innovation refreshes that adjust it to Volvo’s cutting edge electric tasteful. The beginning cost for the XC90 is $58,450.

As a component of Volvo’s endeavors to improve on its model setup, cross breed models will presently be recognized by the “T8” postfix, smoothing out the naming show for better client understanding. This change is essential for Volvo’s technique to give lucidity and consistency across its cross breed and electric contributions.Volvo Unveils 2025 EV Lineup with Exciting Upgrades

The Volvo EX90 keeps on setting new norms for extravagance and wellbeing in electric SUVs. With its mix of reasonableness and Scandinavian plan, the EX90 is intended to help family ways of life while advancing maintainability. The EX30, at first presented in Europe, stays a smaller and superior presentation electric choice custom fitted for metropolitan driving and is currently accessible to U.S. clients. Its Twin Engine Execution trim conveys great speed increase without compromising proficiency.

The rebranded EX40 addresses Volvo’s progress to electric with upgraded battery innovation and refined plan refreshes. The mixture XC90 has developed with a revived outside, further developed lodge solace, and refreshed computerized highlights, further hardening its situation in the extravagance cross breed SUV fragment.Volvo Unveils 2025 EV Lineup with Exciting Upgrades

Volvo is making its arrangement more natural for clients by wiping out the “Re-energize” name and embracing the “T8” postfix for module crossover models. This rebranding exertion lines up with Volvo’s worldwide vision to improve client understanding and work on its item contributions.

For additional data about Volvo’s 2025 setup and its excursion toward charge, clients can visit their authority site and investigate the most recent headways in electric portability.
Article By
Prashant Sharma

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Mahindra XUV 3XO EV Coming Soon- Here’s What We Know So Far

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Mahindra XUV 3XO EV Set for Launch Soon

It’s now known that Mahindra & Mahindra is all set to launch the electric version of its compact SUV, the XUV 3XO. India is gradually stepping ahead in the electric mobility space and with this new model to counter other attractions in the electric scooter market, Mahindra seems to be just strengthening its position even stronger. The XUV 3OO EV is expected to come with more range, latest technology and a comprehensive safety package -The XUV 3XO EV will offer a great compromise to prospective buyer in the increasingly crowded electric SUV segment.

Aesthetically, the XUV 3XO EV will have most of the chunky and sporty look of the ICE version, which enjoys great popularity. But to stand out as an EV, there are bound to be a few changes, a couple of which you could even notice. They could include a minorly updated front end – a la new headlight arrangement and a more closed-off grille, reshaped bumpers and maybe modernising the back door too, to give it a more futuristic and cleaner cut. The improvements won’t be limited to skin-deep — the cabin is also tipped to be given a spruce-up. We expect a two-tone black-beige colour scheme inside, and the copper treatment will remain limited to small dozes on key touch points such as the gear lever to add a slight tinge of premium and a modern touch to the cabin.

Performance-wise, The XUV 3XO EV is likely to be made available in two battery pack options. The first is a 34.5 kWh battery that could provide range of around 359 km per charge. That larger 39.4 kWh battery could potentially boost the range to a very impressive 456 kilometers. These will make the XUV 3XO EV suitable for everyday urban commutes and long drives. The fast charging technology is increasingly becoming a popular feature in the segment and it could also lower charging anxieties for potential customers in the future. And the SUV will be driven by a single electric motor that can crank out 110 kW and 310 Nm of torque. Those numbers imply a peppy and responsive drive, and they should meet the performance needs of anyone who feels the need for speed and fuel economy.

Mahindra also seems to concentrate on offering the XUV 3XO EV with a long feature list to attract today’s buyers. Centre of the dashboard will feature a (probably) 10.25-inch touchscreen infotainment system which will be compatible with Android Auto and Apple CarPlay for connectivity. besides, the car is likely to get a full-digital instrument cluster, giving you all the necessary driving information in a futuristic and convenient manner. Dual-zone automatic climate control is expected for comfort and convenience, in addition to a panoramic sunroof to help the cabin feel both more luxurious and open.

In terms of safety, the XUV 3XO EV should come loaded with safety gear, perhaps even Level 2 Advanced Driver Assistance Systems (ADAS). These ranges from lane-keeping assist, adaptive cruise control, and other semi-autonomous driving systems aimed at safety and convenience in the road. There should be six airbags, electronic stability control, a 360-degree camera system that will either be standard or available on higher trims if not standard, and in general peace of mind for occupants.

Another selling point is expected to be price. We expect the XUV 3XO EV to be priced in the range of ₹13-17 lakh (ex-showroom) and if it actually falls in this price vicinity, it could have a wide set of buyers, seeking a capable yet affordable electric SUV. This puts it in direct competition with rivals like the Tata Nexon EV and MG ZS EV, which have already made a mark in this segment. Mahindra’s introduction with the XUV 3XO EV could potentially shake up the market with a new design, more range options and a tech-laden package, all at an aggressive pricing.

Overall, the Mahindra XUV 3XO EV seems like a good addition to India’s electric SUV line-up. It combines a desirable cocktail of design, performance, technology and safety – while also keeping within a more attainable budget. As increasing numbers of people are seeing electric vehicles as a substitute to the traditional automobiles, the XUV 3XO EV could have a huge role in fast-tracking Mahindra’s electric journey.

Article By
Sourabh Gupta

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Ather Energy IPO: Loss-making EV firm promises 1,400% returns for its founders

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Ather IPO Promises Big Gains for Founders

Ather Energy’s upcoming initial public offering (IPO), which opens on April 28, is already causing ripples in the market ahead of its official launch. Hyped as losses stack up and the company tells of huge gains for founders, the electric scooter company, which has been in the red financially since launching in 2013, has piqued the interest of retail investors and market experts alike. The ₹2,981 crore IPO also comes with a fresh issue of ₹2,626 crore and an offer for sale of nearly ₹355 crore, by which, its founders — Tarun Mehta and Swapnil Jain plans to sell 19.60 lakh shares cumulatively.

The founders’ valuation jump is significant. They had their weighted average cost of acquiring the shares at just ₹21.09 per share. The IPO price band is set at ₹304 to ₹321 per share, and their holdings are likely to yield them returns of more than 1,422% at the upper end. This means a multibagger exit for the co-founders, among the highest seen in the recent startup IPOs.

For context: Founded in 2013, Ather enters one of the India’s electric two-wheeler early entry points. The first e-scooter was launched in 2018 and has achieved a solid brand presence, competing with rivals that include Ola Electric, TVS Motor and Bajaj Auto. Currently, Ather has an 11.5% market share in India’s EV two-wheeler space, making it the third largest player in the space by sales volume.

The company continues to run at a loss financially, though. According to its red herring prospectus (RHP), in FY24, Ather Energy posted a loss before tax of ₹1,059.7 crore, compared to ₹864.5 crore in FY23 and ₹344.1 crore in FY22. The top line numbers haven’t shown much of a growth potential either, with FY24 top line coming at ₹1,753.8 crore, marginally lower than ₹1,780.9 crore in FY23. The stagnant growth and persistent losses have cast doubt on its prospects for turning a profit in the near term.

Indeed the opening of losses has attracted heavy weights like Hero MotoCorp and Tiger Global as investors for the firm, which in itself is a positive vote in the future of the firm. These institutional backers seem to be betting on Ather’s long-term strategy, from its innovation-focused orientation to the expansion of its footprint. Ather plans to deploy considerable portion of its IPO proceeds to scale up production, especially at a new electric two-wheeler factory it is setting up in Maharashtra. The cash will also go toward repaying debt, which may relieve some of the financial burden the company currently has.

Since day one, the founders, Tarun Mehta and Swapnil Jain, have been the face of the brand. Ather’s vision and hard work helped it emerge as a familiar name in to space which has seen a rapid evolution in last few years. The impending financial windfall is viewed by many as a reward for taking a risk sooner and building the brand equity they’ve helped to create.

Yet investor sentiment remains to be cautious. While Ather’s backstory and growth prospects signal a compelling growth narrative, the fact the company can’t secure a break-even well after a decade of operating is a big red flag.

The company filings cakewalks around it – “Ather has incurred significant losses in the past, and we expect to continue to incur losses for the foreseeable future”, the company clearly stated. While such honesty should be appreciated, it’s also a reminder that the company is one bad quarter away from bankruptcy and the IPO was always a gamble. Yet Ather’s IPO remains to be a marker moment for the Indian EV sector.

It’s the first mainboard issue of the new financial post-Covid year and is seen as a litmus test for how the market views the EV investments. Ather is largely supported, has a strong brand value and early mover advantage in the market, and thus it is highly awaited. But now, Ather is under pressure. The IPO subscription window is open for 3 days and would end on April 30.

Ather plans to list on BSE and NSE. The company would now be demanded to satisfy shareholder expectations regarding financial performance milestones. The listing would be watched by institutional and retail investors. It would be seen as a proxy for market sentiments for the EV space which struggles with profitability.

Article By
Sourabh Gupta

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Tesla Q1 Profit Nosedives 71%; EV Maker Withdraws 2025 Sales Guidance Citing Market Uncertainty

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Tesla Profit Plunges, Sales Outlook Pulled

In the recently concluded quarter, Tesla’s net profit stood at $409 million, which equates to a staggering 71% decline compared to the preceding quarter, marking a sharp downturn. Unlike the previous year’s quarter, this year, Tesla’s profit is on track to be considerably lower than expected, and this drop smooths out profit projections. This Tesla plunge comes against the backdrop of rising global market headwinds combined with increasing competition from rivals like BYD in China. In tandem, Tesla has also indicated that it would be withdrawing its sales guidance for 2025, this time citing the more volatile automotive and energy markets.

Additionally, the company is facing staggering headwinds, with revenue declining on a year-over-year basis by 9% and falling to $19.34 billion. This is the lowest figure in terms of Q1 sales that Tesla has reported in the previous three years, missing the target set by analysts. Moreover, the automotive segment experienced a drastic revenue decline of 20% compared to the automotive segment revenue in the prior year.

The decline in performance Tesla experienced was affected by a few factors. It was highlighted by Tesla that part of the reason for the slowdown was due to its factories undergoing production halts which are being remodelled to suit the new version of the ever-popular Model Y SUV. Although aimed at creating a competitive edge, this transition drove a gap in output during the quarter. Further, it was also highlighted by Tesla how the lower profits in profit margins were squeezed further through sales incentives and lower price averages of selling.

In the eyes of the investors, perhaps one of the most important aspects was the decision made by Tesla to retract its previously forecasted guidance for 2025. Tesla, in general, has not provided an optimistic outlook. When many were taken by surprise, it was noted by the firm that it will be stopping providing such a forecast until observing the current climate of the business environment. It has also been decided that the prospective hope can be re-evaluated in the coming quarter to provide a guiding offer.

The company’s shareholder letter provided more context regarding the decision. Tesla cited increased volatility in global trade policy as well as shifting political winds as some of the primary headwinds. These changes are affecting not just Tesla’s supply chain and cost structure but also those of its rivals. The company did caution that those factors could considerably impact vehicle and energy product demand in the near term.

Elon Musk, however, had a relatively calm outlook during the earnings call, despite these challenges. He admitted to the impact of trade policy cuts and the imposition of tariffs but underscored that Tesla still stands as one of the least affected automakers regarding tariff headwinds. Musk stressed the need for more stability and predictability in the global trade framework but noted that he does favour lower tariffs and freer trade as a whole.

Remarkably, according to Tesla’s internal projections, Tesla’s energy segment—which is typically regarded as a tertiary business unit supporting its vehicle division—could suffer the most under the current international tariff regime. Although automotive remains the core focus of the company, the growing importance of Tesla’s energy storage and solar segments means that shifts in global policy could have more far-reaching ramifications than previously anticipated.

The rivalry is particularly stiff, especially from competitors like BYD, the Chinese EV manufacturer. BYD’s growth and expansion are impressive, and with its growing presence in several countries, it is becoming more of a threat to Tesla’s supremacy. Competing with rivals from China had already put Tesla into a tight spot, and now with new entrants from Europe and the US making their presence felt with decent offerings at attractive prices, it’s becoming a lot harder for Tesla.

Tesla’s further retreat from offering long-term guidance is more reflective of chaos across the EV market. The once booming sector is now in a new phase of crawling growth, cost-cutting, and unchecked regulation. There is a shift in focus among automakers to come up with stronger, more important strategies than simply sprawling in sheer numbers by cutting costs.

All eyes will be on Tesla in the next few quarters to gauge how well the company performs, and with the direction it is expected to take during this period, expectations will be higher. Analysts and investors will want to figure out how soon the market leader in EVs and energy can adapt to the new realities of changing geopolitical and economic factors while also managing to retain the crown.

Tesla will share its long-term perspective, including strategic vision and financial forecast, in the next Q2 report, which is projected to be a key inflection point for the company. Until that point, the uncertainty surrounding the corporation overshadows all else.

Article By
Sourabh Gupta

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