Articles by: Team ACI

ZF Group sells 7.5 percent stake

ZF Group sells 7.5 percent stake

To increase financial flexibility ZF Group is selling a 7.5 percent stake of its holding in ZF Commercial Vehicle Control Systems India Limited. ZF Group the automotive supplier, has sold a 7.5% stake in its Indian subsidiary, ZF Commercial Vehicle Control Systems India Limited. The sale of 1,425,000 shares to institutional investors aims to increase ZF Group’s liquidity and financial[Read More…]

by June 19, 2024 Newscast
Uno Minda introduces a new range of Cabin Air Filters in the Indian Aftermarket

Uno Minda introduces a new range of Cabin Air Filters in the Indian Aftermarket

Air pollution continues to pose significant health risks, particularly in metropolitan, Tier 1, and Tier 2 cities. Harmful particles and pollutants in the air, including those inside vehicles, endanger public health. Vehicle interiors are particularly susceptible to pollutants such as nitrogen oxides, carbon monoxide, and volatile organic compounds, which accumulate and pose risks to occupants. To address this issue, UNO[Read More…]

by June 18, 2024 Newscast
MAHLE SmartBike Systems Unveils Innovative System X30

MAHLE SmartBike Systems Unveils Innovative System X30

  MAHLE SmartBike Systems, the eBike division of automotive component supplier MAHLE, has introduced its latest innovation, the X30 drive system for eBikes. This new addition extends the X-Series platform and includes a motor, battery, HMI, and other components. The centerpiece of the X30 system is its new motor, a robust and functional unit that embodies MAHLE’s signature lightweight, sporty,[Read More…]

by June 18, 2024 Newscast
BorgWarner Appoints Joseph Fadool as Chief Operating Officer

BorgWarner Appoints Joseph Fadool as Chief Operating Officer

BorgWarner Inc. (NYSE: BWA) announced the promotion of Joseph Fadool to Executive Vice President and Chief Operating Officer, effective July 1, 2024. Currently, Fadool is Vice President of BorgWarner Inc. and President and GM of Emissions, Thermal, and Turbo Systems. Fadool will oversee the company’s operations, with business unit presidents reporting to him. He will report to Frédéric Lissalde, President[Read More…]

by June 18, 2024 Newscast
Punch.ev is India’s first and safest EV, receives 5-star safety ratings with highest ever scores from Bharat-NCAP

Punch.ev is India’s first and safest EV, receives 5-star safety ratings with highest ever scores from Bharat-NCAP

Tata Passenger Electric Mobility Ltd (TPEM), a subsidiary of Tata Motors, announced that the Punch.ev and Nexon.ev have both achieved a 5-star Bharat-NCAP safety rating. The Punch.ev attained the highest scores ever recorded with 31.46/32 for adult occupant protection (AOP) and 45/49 for child occupant protection (COP), while the Nexon.ev scored 29.86/32 and 44.95/49 for AOP and COP, respectively. This[Read More…]

by June 14, 2024 Newscast
Marelli obtains global contract from a major carmaker to supply battery thermal solutions for electric vehicles

Marelli obtains global contract from a major carmaker to supply battery thermal solutions for electric vehicles

Marelli has secured a significant contract from a major global carmaker to supply the Battery Thermal Plate (BTP) for future Battery Electric Vehicles (BEVs). This solution, crucial for thermal energy management in electric vehicles, has been developed and will be produced in-house by Marelli. Starting in 2024, the supply agreement will cover approximately 5 million units over the contract period,[Read More…]

by June 14, 2024 Newscast
BYD Ranks Among Top 10 in 2024 Kantar BrandZ Global Automotive Brands, Brand Value Surpasses US$10 Billion

BYD Ranks Among Top 10 in 2024 Kantar BrandZ Global Automotive Brands, Brand Value Surpasses US$10 Billion

According to the latest Kantar BrandZ Most Valuable Global Brands 2024 report, BYD has retained its position within the Top 10 global automotive brands for the second consecutive year, with a brand value exceeding US$10 billion. As a multinational enterprise spanning automotive, rail transit, new energy, and electronics industries, BYD has established a strategic presence across six continents. In 2023,[Read More…]

by June 14, 2024 Newscast
Altair Establishes New Office in Dubai, United Arab Emirates.

Altair Establishes New Office in Dubai, United Arab Emirates.

Altair, a global leader in computational intelligence, has inaugurated a new office in Dubai, United Arab Emirates, within one of the city’s free-trade zones. This expansion strengthens Altair’s global footprint and enhances its operations across the Gulf Cooperation Council (GCC) region. “This new office will help us better address our GCC customers’ business requirements,” stated Vishwanath Rao, Managing Director, India-GCC-ANZ.[Read More…]

by June 13, 2024 Newscast
Brakes India & ADVICS join hands for Advanced Braking in India

Brakes India & ADVICS join hands for Advanced Braking in India

Brakes India, a TSF Group company and leading manufacturer of braking systems in India, and ADVICS, an AISIN Group company and premier Japanese brake system supplier, have announced a joint venture to design, develop, and manufacture advanced braking products for the Indian light vehicle market. The new entity will initially focus on developing products such as Electronic Stability Control (ESC).[Read More…]

by June 6, 2024 Newscast
Vedanta Aluminium CEO John Slaven appointed Vice-Chairman of the International Aluminium Institute

Vedanta Aluminium CEO John Slaven appointed Vice-Chairman of the International Aluminium Institute

Vedanta Aluminium, India’s largest aluminium producer, has announced the appointment of its CEO, Mr. John Slaven, as Vice-Chairman of the International Aluminium Institute (IAI). Mr. Slaven will lead global initiatives to foster sustainable transformation within the aluminium industry and highlight aluminium’s role in achieving a Zero Carbon future. The IAI, established in 1972, represents the primary aluminium industry worldwide, promoting[Read More…]

by May 25, 2024 Newscast