As the automobile industry is making rapid strides towards low-emission vehicles and traditional engines are experiencing a reduction in demand, synthetic fuel technologies are now in high demand. The new agreement between Renault Group and Geely to launch a new powertrain company will be a shot in the arm for both the companies in the global synthetic fuel powertrain and engine market when the new joint venture company starts its operations.
The new joint venture will benefit from the synergies of the intellectual properties of both companies in developing future powertrain technologies. Although the new company will be focusing on primarily manufacturing internal combustion engine (ICE) engines, it is expected to drive new innovations in hybrid and electric vehicle (EV) powertrains and will be ready to provide end-to-end powertrain solutions to major automakers in three continents.
“Owning an electric vehicle has become a new fad all over the world, fuelled by increased consumer interest in sustainable living and the introduction of cars with greater driving ranges. Additionally, strict CO2 targets established by various governments for automakers, increased investments in charging networks by a variety of automakers and third-party companies, and an aggressive push by governments through catalyst programs like subsidies are all contributing to the demand for decarbonized automobiles.
“As per GlobalData estimates, the global electric vehicle market, including battery electric vehicles (BEVs) and hybrid vehicles (HEVs), will reach 103.5 million units by 2030, recording a compound annual growth rate (CAGR) of 3.1% during 2022-30. Considering the market potential of the decarbonized automobile and the growing global electric vehicle market, the new Renault Group and Geely company will pose a head-to-head challenge to global automobile companies like BYD and Tesla in the long run.”
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Infiniti’s latest offering, the QX55, represents a bold step forward in the world of luxury crossover SUVs. Designed to capture the attention of youthful drivers with refined tastes, this vehicle bridges the gap between sportiness and practicality, elegance and utility. The story of the QX55 is one of inspiration, innovation, and the push to create something truly unique, combining artistic expression with functional design. The Infiniti QX55 is a modern reinterpretation of the coupe-like crossover concept that Infiniti pioneered with its FX series years ago. However, the QX55 adds a fresh layer of sophistication and youthfulness that caters to the desires of a new generation of drivers. The inspiration for the QX55’s design stemmed from a bold challenge between Infiniti’s design team and the company’s visionaries. The goal? To create a practical crossover that retains the luxurious appeal Infiniti is known for while appealing to younger drivers seeking an expressive yet functional vehicle.
The journey to craft the QX55 was not without its challenges. Designers had to strike a balance between dynamic aesthetics and daily usability. Infiniti sought to avoid the common pitfalls of overly aggressive styling that often sacrifices comfort or practicality. Instead, they focused on creating a streamlined, coupé-like silhouette that hints at performance, without compromising on the essential interior space expected of an SUV.
British cycling legend and the all-time Tour de France stage wins record holder Sir Mark Cavendish has taken delivery of a new Aston Martin DBX707, marking the start of his role as the luxury automaker’s first-ever Global High Performance Ambassador.