Ola Electric has invested in an Israeli battery technology company StoreDot that excels in batteries with extreme fast charging (XFC) technology. The investment in StoreDot is the first of several global strategic investments planned by Ola Electric as it looks to ramp up its core R&D in advanced cell chemistry and manufacturing as well as other battery technologies and new[Read More…]
Stone Plant Investments B.V., an affiliate of Warburg Pincus has acquired a majority stake in Imperial Auto Industries Limited and its affiliated companies (“Imperial” or the “Group”). Imperial is a manufacturer of fluid transmission products (“FTP”) for automobile and off-highway sectors and was founded in 1969, The Group claims to generate revenues of approximately Rs. 2,200 crores, offers a diversified[Read More…]
Allison Transmission, a designer and manufacturer of vehicle propulsion solutions for commercial and defence vehicles announced that 100 JBM CITYLIFE city buses are being added to the existing fleet of Delhi city. In a recent function held at Rajghat Depot in Delhi, Arvind Kejriwal, Chief Minister of Delhi, and Mr. Kailash Gahlot, Delhi Transport Minister, flagged off the 100 JBM[Read More…]
Chargeup, a company building battery-swapping network for electric two and three-wheelers, has announced that it has raised USD 2.5 million in pre-Series A round led by Capital-A and Anicut Capital. Other marquee investors who participated in the round include actors Tiger Shroff & Shraddha Kapoor, Aman and Sameer Gupta (founders of Boat), also participated in this round, with Grip invested[Read More…]
BorgWarner is expanding its efforts into hydrogen combustion and was recently awarded its first hydrogen injection system production program for an off-road application by a European construction equipment manufacturer. This quick-to-market technology supports CO2-free mobility and offers an appealing total cost of ownership due to optimised energy efficiency and payload capacity as well as short refuelling time. “This business win strengthens the[Read More…]
In an upfront conversation, V.K. Misra, Technical Director, JK Tyre & Industries Ltd. spoke to Sumesh Soman on the tyre technology to watch out for. Q. How different are car radial sensors from truck and bus radials? A. Only the sensor size is smaller in the former. For trucks and cars, where the sensor size is similar, the mounting arrangements[Read More…]
Tyres are turning smart too. JK Tyre & Industries Ltd. (JK Tyres) has gone down that route to get the early mover’s advantage. Its smart tyre generation is claimed to be a segment first. With a cloud-based monitoring system as its building block, the smart tyres warrant the maintenance through timely diagnostics. It makes use of sensors integrated into the[Read More…]
Orissa-based EeVe India has its task cut out! It wants to become the best electric scooter company in the country. To realise its aspirations, the company is striving hard to increasingly localise its products as a ‘Made In India’ offering to click with buyers. A testimony to the efforts fructifying to a large extent is the new flagship scooter from[Read More…]
BorgWarner is expanding its efforts into hydrogen combustion and was recently awarded its first hydrogen injection system production program for an off-road application by a European construction equipment manufacturer. This quick-to-market technology supports CO2-free mobility and offers an appealing total cost of ownership due to optimized energy efficiency and payload capacity as well as short refuelling time. “This business win strengthens the[Read More…]
Continental is reaffirming its commitment to Indian road safety by strengthening its safety solutions portfolio, particularly for the 2-Wheeler segment. Krishan Kohli, Head of Vehicle Dynamics (VED) and Hydraulic Brake Systems (HBS) business segments said, “The Indian 2-Wheeler market is growing swiftly, for which manufacturers are constantly looking at higher safety standards and technologies to tackle an equally high number[Read More…]
