Articles by: Team ACI

BYD takes fight to EV laggards with China price cuts

BYD takes fight to EV laggards with China price cuts

The automaker is aggressively discounting nearly every electric and hybrid model in its lineup, aiming to lure customers away from traditional giants like Toyota and Volkswagen. BYD’s extensive price reductions, part of its “electricity is cheaper than oil” campaign, signal a bold move in China’s fierce price war. Over 100 model versions have seen price cuts, with an additional 70[Read More…]

by March 26, 2024 Newscast
Mercedes-Benz Expands Bengaluru Presence with Research Wing Expansion

Mercedes-Benz Expands Bengaluru Presence with Research Wing Expansion

Mercedes-Benz Research and Development India is planning to hire over 1,000 engineers in India in the upcoming year. The company has expanded its presence in Bengaluru by leasing approximately 418,000 square feet of office space, emphasizing its commitment to India as a valuable market and talent hub for the automotive sector. As per sources, the company will pay a rent[Read More…]

by March 26, 2024 Uncategorized
Ansys and NVIDIA Collaborate to Drive AI-Infused Simulation Solutions

Ansys and NVIDIA Collaborate to Drive AI-Infused Simulation Solutions

Ansys (NASDAQ: ANSS) and NVIDIA (NASDAQ: NVDA) have announced an expanded collaboration to integrate accelerated computing and generative AI technologies into simulation solutions. This partnership aims to advance various industries, including 6G communication systems, autonomous vehicles, digital twins, and visual rendering. By combining NVIDIA’s advanced GPUs and AI capabilities with Ansys’ simulation tools, design cycles are expected to shorten while[Read More…]

by March 19, 2024 Uncategorized
Gulf Oil Lubricants is considering acquiring companies to enhance its electric vehicle infrastructure.

Gulf Oil Lubricants is considering acquiring companies to enhance its electric vehicle infrastructure.

Hinduja Co is exploring acquisitions of charge point operators and firms in intelligent grid tech, according to Gulf Oil Int’l CEO. Gulf Oil Lubricants India plans to become a leader in the electric vehicle charging ecosystem by acquiring charge point operators (CPOs) and companies in the intelligent grid technology space, according to top executives. “We are looking at the complete[Read More…]

by March 15, 2024 Newscast
2024 Global Automotive Colour Launched

2024 Global Automotive Colour Launched

Axalta Coating Systems, today announced its 2024 Global Automotive Colour of the Year ‘Starry Night’. Starry Night is a deep, modern colour that features light blue and silver flakes, reminiscent of the vastness of space and our desire to explore it. The black shade represents bold creativity and the determination to achieve new heights. As a versatile hue, Starry Night[Read More…]

by March 12, 2024 Newscast
TVS Motor’s Social Arm Celebrates 40% Female Representation in Field Force, Empowers 60,000+ Rural Women across 5 States

TVS Motor’s Social Arm Celebrates 40% Female Representation in Field Force, Empowers 60,000+ Rural Women across 5 States

National, 07 March, 2024: Srinivasan Services Trust (SST), the social arm of TVS Motor Company and Sundaram-Clayton Limited, has been working for women empowerment in the rural belts of Tamil Nadu, Karnataka, Maharashtra, Andhra Pradesh, and Himachal Pradesh for the past 27 years, through formation of Women Self-help groups, and helping them sustain through interventions in diverse sectors such as training,[Read More…]

by March 8, 2024 Uncategorized
Frank Huber to join Marelli as EVP and President of Automotive Lighting & Sensing

Frank Huber to join Marelli as EVP and President of Automotive Lighting & Sensing

Frank Huber is set to join Marelli as the Executive Vice President and President of Automotive Lighting and Sensing, effective March 1, 2024. He will be based in Reutlingen, Germany. David Slump, President and CEO of Marelli, expressed his delight at Frank’s appointment, citing his vast experience in the automotive industry as a valuable asset to the Marelli leadership team.[Read More…]

by March 6, 2024 Newscast
19th EV Expo 2023: Sustainable Transportation On The Cards

19th EV Expo 2023: Sustainable Transportation On The Cards

Stakeholders of the emobility opportunity stepped up with a forward-looking portfolio at the 19th EV Expo 2023. Richa Tyagi picks the standout displays as the Industry chalk a vision.   Supported by the Ministry of Road Transport & Highways (MoRTh), Govt. of India, Pradhan Mantri Kaushal Vikas Yojna (PMKVY), Micro Small and Medium Enterprises (MSME), and ICAT (International Centre for[Read More…]

by March 6, 2024 Exhibition And Conferences
Building a Resilient Supply Chain

Building a Resilient Supply Chain

With localisation being at the heart of the Indian Government’s policies, developing a robust raw material supply chain to ensure a smooth manufacturing process is the need of the hour, writes Prajakta Chavan Rane.   Considering the growing call for  ‘Make in India’ components, Original Equipment Manufacturers (OEMs) both Indian and International are consciously sourcing a  major chunk from Indian[Read More…]

by March 6, 2024 Exhibition And Conferences
Happy Forgings Takes the IPO Route

Happy Forgings Takes the IPO Route

Happy Forgings made its debut on the Indian bourses on December 27, 2023. Deven Lad looks at the strategy behind opting for the IP route. Happy Forgings Ltd. is a case study for aspiring entrepreneurs. A forged components manufacturing company, it created a buzz late last year when it got a nod for its Initial Public Offering (IPO). The company[Read More…]

by February 25, 2024 Business Filings