Remsons Industries Ltd., a pioneer in cables & shifters for automotive industry has bagged the fourth order from Tata Motors for the supply of winches used for spare wheel. The company is currently supplying winches to successful models like Tigor, Altroz and Punch and the recent order is received for its new model Tata Nexon CNG. The total size of[Read More…]
Tesla has signed a deal with Tata Electronics to get semiconductor chips for their global operations the deal was officially signed a few months ago. This is a big step for Tesla as it shows their eagerness to enter the Indian automotive market, which is said to be the fastest-expanding market in the world. The agreement will position Tata Electronics[Read More…]
Tesla is planning to send a team from the United States to India by late-April to scout potential locations for a new electric car plant. According to the Financial Times, the proposed investment for this plant could be between $2 billion to $3 billion. This move comes at a time when the demand for electric vehicles is slowing down in[Read More…]
Toyota apologize for any inconvenience caused by the delivery backlogs on models like the Innova Hycross MPV and Fortuner SUV from Toyota. It is indeed unfortunate that many customers are experiencing significant waiting times, which can be frustrating and disappointing. The company acknowledges this issue and has expressed their apologies to the affected customers. Toyota is actively working to address[Read More…]
Sona BLW Precision Forgings (Sona Comstar) has recently achieved a remarkable milestone by becoming the first automotive component manufacturer to receive certification under the Auto Production Linked Incentive (PLI) scheme. This is a significant accomplishment for the company and a testament to their dedication to automotive technology solutions. Sona Comstar filed seven applications for different products under the PLI scheme,[Read More…]
Servotech EV Infra Pvt. Ltd., a subsidiary of India’s leading EV charger and solar products manufacturer, Servotech Power Systems Ltd., proudly announces significant steps forward. The company has secured strategic equity dilution of 6%* at a pre-money valuation of Rs. 200 crore*. This investment will fuel the initial phase of Servotech EV Infra's ambitious growth plans. Additionally, Servotech EV Infra[Read More…]
Continental Tires, one of the leading manufacturers of premium tyres inaugurated Continental Elite Drive (CED) dealer store in Bengaluru. The store have a diverse range of premium products, latest equipment, and technologies which include tyre-related services for wheel balancing & alignment, nitrogen filling and tyre change among others. Through CED store, Continental Tires aims to ensure that customers can access[Read More…]
BYD India, a subsidiary of the world’s leading New Energy Vehicles (NEV) manufacturer, proudly announces itsentry into the luxury electric sedan segment with the grand launch of the BYD SEAL. BYD has announced the opening of bookings for BYD SEAL with exciting benefits for customers booking by 31 st March 2024. The BYD SEAL is creating waves globally. In the[Read More…]
Bridgestone has been recognized for leadership in corporate transparency and performance on climate change by global environmental non-profit CDP, securing a place on its annual ‘A List’. Being included in the ‘A List’ is a strong recognition of Bridgestone’s environmental actions and progress towards its long-term environmental vision of contributing toward carbon neutrality. Bridgestone Corporation has been recognized[Read More…]
Remsons Industries Ltd., a pioneer in Cables & Shifters for Automotive Industry, has entered into an agreement to make a Majority Investment in Automotive Sensor Division of Uni-Automation, a renowned sensor technology firm. This strategic move marks a significant milestone in Remsons commitment to innovation and expansion within the Automotive and Off-Highway Industry. The proposed investment aligns seamlessly with Remsons mission[Read More…]
