Hyundai Motor India Limited (HMIL) has teamed up with CHARGE ZONE to enhance the electric vehicle (EV) charging network in India. This new partnership will see the installation of DC 60 kW fast chargers at 100 Hyundai dealerships across the country, significantly expanding HMIL’s EV infrastructure. Currently, HMIL operates 34 EV fast charging stations nationwide. With this new initiative, Hyundai[Read More…]
E-Fill Electric (EFEV Charging Solutions Pvt. Ltd.) has achieved a significant milestone by receiving the Automotive Research Association of India (ARAI) certification for its AC and DC chargers. This achievement highlights E-Fill Electric’s dedication to manufacturing high-quality and reliable charging solutions for electric vehicles. Established in 2019, E-Fill Electric has rapidly become a leader in the EV charging industry, with[Read More…]
Servotech Power Systems Ltd., a leading manufacturer of EV chargers and solar solutions, has secured an additional order for approximately 400 units of DC Fast EV Chargers. This order, valued at around ₹20 Crores, comes from Bharat Petroleum Corporation Limited (BPCL) and other EV charger OEMs. The project involves the manufacturing, supply, installation, and deployment of these chargers across the[Read More…]
The 2024 budget has introduced several changes with significant implications for the automotive ecosystem. Ashish Bhatia looks at the positive aspects and areas that could have been addressed. The automotive ecosystem, encompassing and not limited to vehicle manufacturers, component suppliers, and logistics providers, stands to benefit from several budgetary measures. Taxation and Incentives The budget has streamlined tax structures and[Read More…]
The Assam government has signed a significant agreement with the Tata Group to lease over 170 acres of land in Jagiroad, Morigaon district, for a Rs 27,000-crore semiconductor plant. This landmark deal is expected to bring substantial industrial development and employment opportunities to the region. The 60-year lease agreement was finalised at the sub-registrar’s office, with Tata Group Board member[Read More…]
Apollo Tyres Ltd has once again secured a Silver Award in the EcoVadis Sustainability Excellence ratings. This marks the third consecutive year that Apollo Tyres has achieved this recognition, with its score improving from 56 to 70 over the last three years. This esteemed award places Apollo Tyres Ltd in the top 5% of companies globally in the category of[Read More…]
Continental Tires, tyre manufacturer, has launched its flagship Continental Premium Drive (CPD) dealership in Kalyan Nagar, Bengaluru. This new store tyre solutions to automotive enthusiasts in the region. The new store in Kalyan Nagar represents Continental’s continued retail expansion in India. Spanning an impressive 4,000 square feet, this state-of-the-art facility aims to redefine the automotive retail experience with a comprehensive[Read More…]
CEAT has announced the promotion of Vishal Pawar to Senior Vice President of Global Sales and Supply Chain. This change marks a new phase in CEAT’s growth. Vishal Pawar, previously the Vice President of Replacement Sales, will replace Saurav Mukherjee, who has resigned after over four successful years in the role. Mukherjee’s efforts have been crucial in developing CEAT’s global[Read More…]
Greaves Engineering, the engineering division of Greaves Cotton Limited , has unveiled its new range of CPCB IV+ Compliant Gensets. This launch aligns with the latest Central Pollution Control Board standards, addressing the growing demand for sustainable and reliable power solutions in India. Greaves Engineering’s new gensets, ranging from 5 kVA to 500 kVA in the <800kW segment, significantly reduce[Read More…]
Flagships product, DSim, is the first-of-its-kind EDA simulation as a service solution Altair (Nasdaq: ALTR), a computational intelligence company, has entered into a definitive agreement to acquire Metrics Design Automation Inc. (Metrics), a Canadian company with a pioneering simulation as a service (SaaS) business model for semiconductor electronic functional simulation and design verification. The transaction is subject to customary conditions.[Read More…]
