The increase in steel, aluminium, and nickel prices have hammered the Forging Industry in India High fuel prices are still impacting customers and affecting purchase decisions EVs could have disruptive implications on the forging and auto component industry The high raw material prices continue to be a challenge The Association of Indian Forging Industry (AIFI) has witnessed a challenging time[Read More…]
Press Release CEAT Ltd., a leading tyre manufacturer in India launched EnergyRide EV, India’s first EV range of tyres specially designed for electric two-wheelers. The characteristics and performance of the internal combustion engine-powered scooters and electric scooters are vastly different, hence there is a need for a different set of tyres for EV scooters. EnergyRide EV is designed to maximize[Read More…]
Qualcomm Technologies and Mahindra Collaborate to Provide Immersive In-Vehicle Experience The Scorpio-N leverages Visteon’s SmartCore Cockpit Domain Controller based on the 3rd Generation Snapdragon Cockpit Platforms to offer the latest technology advancements for comfortable, safe and intelligent driving experiences. Mahindra & Mahindra Ltd. today announced work with Visteon Corporation to bring world-class, transformative in-vehicle experiences to the all-new Scorpio-N, utilizing[Read More…]
A first-of-its-kind virtual showroom for carbon black has been launched by Birla Carbon, one of the top producers and suppliers of high-quality carbon black solutions. It offers a Virtual Reality experience and highlights the benefits and variety of uses of carbon black through the perspective of a Virtual Car. It can be accessed here, https://www.digitalshowroom.birlacarbon.com This industry first, virtual reality[Read More…]
Friedrichshafen, Germany: Dr. Holger Klein, Member of the Board of Management responsible for the Asia-Pacific region, Car Chassis Technology Division, Aftermarket and Production, succeeds Wolf-Henning Scheider as Chairman and CEO of ZF Friedrichshafen AG at the turn of the year 2022/2023. At the same time, Dr. Peter Laier will join the Board of Management to lead the Commercial Vehicle Solutions[Read More…]
With 90 per cent of its orderbook reserved for automotive, Freudenberg Filtration Technologies India is aligning with the demand. Manufacturing an estimated 7,00,000 filters from the Sanaswadi Village plant, in Pune, of which 90 per cent is allocated to the automotive segment, the company expects demand to rise by ~50 per cent (~11,00,000). To cater to this projected demand by[Read More…]
FEV India has opened two new branches in Pune, Maharashtra. The Vehicle Development Center brings together all of FEV’s development expertise in this field under one roof. The establishment of the Smart Mobility Center follows the launch of the company’s new FEV.io global software brand, which focuses on intelligent and electrified mobility. “We have a clear vision of supporting our[Read More…]
The electric two-wheeler manufacturer Okinawa Autotech has announced the opening of its massive factory in Karoli, Rajasthan. It will be a comprehensive unit and the first attempt of its kind made by an electric two-wheeler company in the nation. Modern production facilities will be available at the mega factory, which is an important step in developing the nation’s integrated EV[Read More…]
More than 30 per cent of the vehicles sold in India will run on electricity by 2030, shows a study by Arthur D. Little (ADL). The study, which focuses on India’s EV industry, estimates that the sector will cross-sell 10 million vehicles by 2030, with an overall adoption rate of more than 30% across various vehicle categories. However, EV adoption for[Read More…]
Dr. Markus Steilemann will remain Chief Executive Officer of Covestro for a further five years. The Supervisory Board has extended his contract, which runs until May 2023, until May 31, 2028. Steilemann has been a member of the Covestro Board of Management since September 2015 and its Chief Executive Officer since June 2018. “Markus Steilemann has provided Covestro with outstanding[Read More…]
