Articles by: Team ACI

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
Avaada Energy Secures 1050 MWp Solar Project in NTPC Auction; Crosses over 15 GWp Portfolio in India

Avaada Energy Secures 1050 MWp Solar Project in NTPC Auction; Crosses over 15 GWp Portfolio in India

  Avaada Energy, a prominent entity in the renewable energy sector and part of the Avaada Group, has achieved a significant milestone by winning a bid for a 1050 MWp solar project in a tender by the Renewable Energy Implementing Agency (REIA) National Thermal Power Corporation (NTPC). This achievement underscores Avaada’s expertise and commitment to advancing India’s renewable energy goals.[Read More…]

by May 24, 2024 Newscast
EVR Motors Becomes the First Israeli Auto Company to Set Up Manufacturing in India

EVR Motors Becomes the First Israeli Auto Company to Set Up Manufacturing in India

EVR Motors, an Israeli innovator in high power-density electric motors, has inaugurated a new plant in Manesar, Haryana, under its subsidiary, I.EVR Motors Pvt Ltd. This marks the first manufacturing operation in India by an Israeli automotive firm and is crucial to EVR’s global production strategy. The advanced facility will produce patented trapezoidal geometry coils for EVR’s Trapezoidal Stator Radial[Read More…]

by May 24, 2024 Newscast
Satish Sharma, Industry Veteran, Announces Early Retirement from Apollo Tyres

Satish Sharma, Industry Veteran, Announces Early Retirement from Apollo Tyres

In a recent exchange filing, Apollo Tyres Ltd. announced a significant development resulting from the Board meeting held on May 14, 2024. Satish Sharma, the President of APMEA at Apollo Tyres, has decided to pursue early retirement to focus on personal interests. Consequently, he has tendered his resignation as the Whole-time Director of the company, as well as from his[Read More…]

by May 15, 2024 Newscast
*EMotorad, Backed by MS Dhoni, Prepares to Inaugurate South Asia’s Largest E-Cycle Gigafactory*

*EMotorad, Backed by MS Dhoni, Prepares to Inaugurate South Asia’s Largest E-Cycle Gigafactory*

EMotorad, a Pune-based electric cycle manufacturer supported by cricketer Mahendra Singh Dhoni, is nearing the completion of phase one of its gigafactory in Ravet, Pune. The 240,000-square-foot facility is set to be inaugurated on August 15th, marking a significant milestone as South Asia’s largest integrated e-cycle manufacturing unit. With a projected capacity to produce 500,000 e-cycles, the factory underscores EMotorad’s[Read More…]

by May 7, 2024 Newscast