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Hispano Suiza to present world premiere of electric ‘hyperlux’ model at Geneva Motor Show

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New grand tourer production car is ultimate expression of classically-inspired design, next-generation powertrain technology, exhilarating power and expertly-engineered dynamics

Barcelona, 4 February 2019 – Next month’s Geneva Motor Show will see the world debut of the ‘Carmen’ – a fully-electric hyperlux grand tourer from iconic Spanish luxury car brand Hispano Suiza.

Named after Carmen Mateu, granddaughter of Hispano Suiza’s founder, the new model is the ultimate expression of classically-inspired design, next-generation technology, exhilarating power and expertly-engineered dynamics.

Designed, developed and manufactured in Barcelona, the handcrafted Carmen is based on a super-stiff, hand-laid carbon fibre monocoque. This provides the foundation for the car’s exceptional luxury, comfort, innovation and attention to detail, which are uniquely combined with technologically-superior, fully-electric performance.

While the new model takes inspiration from the Dubonnet Xenia, one of the elegant and luxurious vehicles built by Hispano Suiza in 1938, development and build of the Carmen and its custom-designed electric powertrain will be led by the company’s production partner, QEV Technologies.

Also based in Barcelona, QEV Technologies boasts a team of highly-skilled engineers with experience across design, engineering, R&D and production for Formula-E teams, supercar brands and mainstream car manufacturers.

QEV Technologies has its foundations in motorsport with Campos Racing and is also the technology arm of Mahindra Formula-E Racing, plus the European R&D facility for Chinese firm BAIC.

Hispano Suiza is a historic car brand owned by the fourth generation of the Suqué Mateu family. Between 1904 and 1946, Hispano Suiza built more than 12,000 luxury performance cars and 50,000 aeroplane engines. Today, with its headquarters, technical centre, and manufacturing facility in Barcelona – Hispano Suiza embodies a proud Spanish spirit with a strong family legacy.

About Hispano Suiza
Hispano Suiza is a historic Spanish car brand owned by four generations of the Suqué Mateu family. Hispano Suiza Fábrica de Automóviles S.A. was founded in Barcelona in 1904 by Damián Mateu with the support of Technical Director and engineer Marc Birkigt, also a partner in the company.

Between 1904-1946, Hispano Suiza built more than 12,000 luxury performance cars and 50,000 aeroplane engines. Today – with its headquarters, technical centre, and manufacturing facility in Barcelona – Hispano Suiza embodies a proud Spanish spirit with a strong family legacy.

In 2000, Hispano Suiza built a prototype luxury two-seat supercar HS21, which was shown in Geneva that same year. The K8 and HS21-GTS models, both evolutions of the first, were presented in 2001 and 2002. 

Since it was founded, four generations of the Suqué Mateu family have preserved the family brand, injecting impetus and dynamism to maintain the significant heritage. On taking control of the company, Miguel Mateu – the son of the founder – continued the production of prestigious, top-of-the-range cars.

After his death, his daughter Carmen Mateu was nominated President and she continued her father’s work, keeping the essence of the brand alive through a diverse range of activities including events, exhibitions, conferences, book and magazine publication, research articles, and participation in rallies. Today, Hispano Suiza is overseen by its President – Miguel Suqué Mateu – the great grandson of Hispano Suiza’s founder.

Hispano Suiza is part of the Peralada Group, which represents the pinnacle of luxury in gastronomy and entertainment through its global portfolio of casinos, restaurants, hotels, golf course, vineyards, music festival and marinas.

www.hispanosuizacars.com

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Zinnov recognizes increasing capabilities of QuEST Global for converging mechanical, electronics and new age software engineering technologies

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  • QuEST Global retains leadership position in the study titled “Zinnov Zones 2018 – ER&D services” for the fourth consecutive year
  • Positioned in the leadership zone across Automotive, Transportation, Aerospace, Energy & Utilities and Medical Devices
  • Rated as an ‘Expansive and Established’ player in Artificial Intelligence and Machine Learning, Design and Simulation Engineering, and Platform Engineering segments
  • Entered into the execution zone of enterprise and consumer software

 Bengaluru, India, February 13, 2019: QuEST Global, the pioneering engineering services provider, today announced that it has retained leadership position in the “Zinnov Zones 2018 – Engineering and R&D Services Rating”, for the fourth consecutive year. The report was published by Zinnov after evaluating more than 35 global engineering service providers in major industry segments. The key parameters for the study included product development capabilities, innovation, client relationships, eco system linkages, scalability etc.

According to Zinnov Zones 2018 report for ER&D Services, QuEST has been positioned in the leadership zone in automotive, transportation, medical devices, energy & utilities and aerospace verticals. The company has gained presence in artificial intelligence & machine learning, design and simulation engineering, and platform engineering where, Zinnov has placed QuEST in the expansive and established zone. Zinnov has also placed QuEST in the execution zone for consumer software, enterprise software, computer peripheral, consumer electronics and industrial automation sectors.

Commenting on this achievement, Ajit Prabhu, Chairman and CEO, QuEST Global said, “This recognition from Zinnov is a re-affirmation of our dedication to solve engineering problems of our customers by converging mechanical, electronics and software technologies. With the help of our proven expertise across the spectrum of advanced technologies, we are committed to enable OEMs and Tier1s across the world to launch new products and discover newer possibilities. Our integrated local-global solution delivery approach and more than two decades of in-depth engineering experience across industries enable us to address the increasing market demand for safety critical and reliable connected products that provide superior customer experience.”

As a pioneer in the engineering services and solutions industry, QuEST has been helping customers to identify problems, proactively create innovative solutions and make products safer and more reliable in today’s digital age. The company’s strong capabilities in areas such as artificial intelligence, connected engineering, augmented reality and software technologies is enabling OEMs and Tier1 suppliers cross the digital divide, while continuing  to provide a reliable backbone of support in the mechanical and electronics world.

About QuEST Global

QuEST Global is a trusted engineering services and solutions partner to many of the world’s most recognized Fortune 500 brands in aero engines, aerospace & defense, automotive, medical devices, oil & gas, power, hi-tech, industrial and rail with 10,000+ associates. For more than 20 years, QuEST has been a trusted partner providing comprehensive support across the complete engineering lifecycle to help our customers improve efficiency, increase quality, create new products and open new markets. Through a collaborative and customized approach, QuEST enables its customers to manage traditional engineering requirements as well as convergence of digital and mechanical technology to help them create safe, dependable and high quality products and services.

Media Contact:

Anto T Ouseph – anto.ouseph@quest-global.com

Pratvii Ponnappa, Weber Shandwick – M: 9886321381| E: PPonnappa@webershandwick.com

About Zinnov

Founded in 2002, Zinnov is headquartered in Silicon Valley and Bangalore. In over a decade, they have built in-depth expertise in engineering and digital practice areas. They assist their customers in effectively leveraging global innovation and technology ecosystems to accelerate innovation and digital transformation.

Zinnov’s team of experienced professionals serves clients in Software, Automotive, Telecom & Networking, Semiconductor, Consumer Electronics, Storage, Healthcare, Banking, Financial Services & Retail verticals, and in the United States, Europe, Japan & India.

For any further media queries, please contact Nitika Goel at media@zinnov.com

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Lamborghini expects for 50% climb in India sales

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Italian brand luxurious sports car manufacturer, Lamborghini looks forward to India sales to be in the fast lane this year. It is expecting above 50% growth because of the increasing demand for the newly launched SUV Urus.

Lamborghini trades cars upwards of Rs 3 crore, and it has been observing strong numbers after Urus hit the market last year. The impulse to numbers is coming both from larger metros and smaller cities such as Ludhiana, Kanpur, Bhubaneswar, Indore, Surat and Hubli, company head Sharad Agarwal told TOI.

Last year, the company sold 45 units (26 units in 2017), and as per Sharad demand will be more in 2019. This company, a part of Volkswagen group of Germany sells cars through three dealerships at Delhi, Mumbai and Bengaluru.

According to Sharad, as present volumes are not that big, but the company thinks that the numbers will increase significantly in coming years. But, by international standards, the company is still a good competitor and it had proved it by registering worldwide sales of 5,750 units last year and in Asia-Pacific sold 1,301 units.

Matteo Ortenzi, CEO for the company’s APAC region, said as India stays one of the high-potential markets for the company, there are certain worries on the policy side. “The level of taxation (import duty) remains high. And, even though we may live with that, a major irritant is the sudden change in taxation. We need consistency.”

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Accelerating Prices Of Electric Vehicles’ Elements Induces Crisis For Budding Auto-Giants

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With soaring fuel prices, more people are likely to be willing to e-mobility. However, the high prices of electric vehicle components hold the budding industry down. The auto industry wishes to develop a robust research and development facilities in the country and wants the government to support it– which is its most prominent Budget 2018 expectation. Society of Indian Automobile Manufacturers (SIAM) expects that the government must restore incentives on research and development in form of weighted tax deduction. The industry also expects that incentives must be given to buyers, including income tax rebates. It also wants policies to make EVs more attractive to buyers.

The Union government had reduced the incentives in form of weighted tax deducted from 200 to 150 percent when it implemented Budget last year. Now, they demand that the incentives must be restored to its previous value.

SIAM deputy director general Sugato Sen said that the government had cut down the incentives, saying the corporate tax will be brought down to 25 percent from 30 percent. Since the industry is investing heavily in research and development, it demands that incentives must be restored.

He further said that e-mobility must be given preferential treatment. The industry has identified a few components that should be levied lower import duty. “We have identified a few components specific to electric vehicles for import with lower duty. We have also said that if the government is considering a higher tax rate for completely knocked down (CKD) units as relates to electric vehicles, it should be defined properly…so nobody gets on the wrong foot after importing”.

The automaker that can capture this kind of icon status in the electric-vehicle space will be in a different gear for years. At the moment, Tesla Inc. appears to have that advantage, although there’s probably room for another paragon vehicle or two—a more affordable SUV, for instance, or an electric pickup truck.

The Society of Manufacturers’ of Electric Vehicles demanded that the government must introduce incentives for prospective buyers of EVs, including tax rebates. The cost of EVs must be brought down by local manufacturing of components of EVs. Encouragements must be given to manufacturers to produce components in the country to bring down the high cost of ownership of electric vehicles.

The scheme, details of which may be part of the Union Budget this year, is also expected to improve India’s standing in global climate change discussions. The details reviewed by Mint suggest that the finance ministry has asked the department of heavy industries to devise ways to track incentives and subsidies online.

“For a country like India which depends on imported oil, electric vehicles make eminent sense from the energy security point of view. It also has huge climate change benefits if we dovetail it with renewable energy. Electric vehicles are the future and government should invest in this technology for energy security and climate benefits,” said Chandra Bhushan, deputy director general, Centre for Science and Environment.

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