Newscast

Minda Corporation Signs JV Agreement” with HCMF for Automotive Sunroof Solutions and Closure Systems

Minda Corporation Signs JV Agreement” with HCMF for Automotive Sunroof Solutions and Closure Systems

Minda Corporation Limited, the flagship company of Spark Minda, an automotive components supplier to OEMs and tier-1 customers signed a “Joint Venture (JV) Agreement” with HSIN Chong Machinery Works Co. Ltd. (HCMF) from Taiwan, a global manufacturer of Automotive Sunroof and Closure systems. This partnership is a 50:50 Joint venture between Minda Corporation and HCMF, which aims to provide cutting-edge[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
Michelin unveils Fuel-efficient Commercial Vehicle Tyre

Michelin unveils Fuel-efficient Commercial Vehicle Tyre

Michelin, the world’s tyre technology leader, announced the launch of its most fuel-efficient truck and bus tyre, the MICHELIN X Multi Energy Z+, for the Indian market. This latest line of made-in-India tyre is specially engineered for Indian road and load conditions and also takes into account the growing demand for fuel-efficient tyres by Indian fleet owners. MICHELIN X Multi[Read More…]

by June 13, 2024 Newscast
L-R-MrVijay Yelne,President,SCM& Export Business Development,EKA mobility,Mr Sanjeev Sharma,AVP,Fleet Management&Mobility,JK Tyre and Mr Anil Baliga,President,Operations,EKA Mobility

JK Tyre partners with EKA Mobility to provide comprehensive Mobility Solutions

Indian tyre industry major, JK Tyre & Industries has joined forces with EKA Mobility, a leading player in the electric mobility sector with Mitsui Co., Ltd. (Japan) & VDL Groep (Netherlands) as equity partners. This collaboration further solidifies JK Tyre’s position as the industry leader in providing “Connected Mobility Solutions,” a first-of-its-kind cloud-based monitoring system. The company provides comprehensive tyre management[Read More…]

by June 10, 2024 Newscast
Abilities India Plans To Leverage Patented Technologies to Drive Revenue Growth

Abilities India Plans To Leverage Patented Technologies to Drive Revenue Growth

Abilities India Pistons & Rings Ltd., a name in the manufacturing of Pistons, Piston Rings, Gravity Casting, Pressure Die Casting, and Coatings, has announced the grant of its SECOND patent for its High-Pressure Die Casting (HPDC) process for lightweight piston manufacturing. This breakthrough is expected to reduce the weight of 2W/3W pistons by 10-15%, resulting in a substantial annual aluminium[Read More…]

by June 7, 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
Vredestein expands its range for premium and luxury SUVs

Vredestein expands its range for premium and luxury SUVs

Apollo Tyres Ltd has expanded Vredestein’s range of premium and luxury SUVs. Vredestein Pinza HT (highway terrain), a global product, has been introduced for the premium SUVs in India in 16 – 18 inch sizes, while the existing Vredestein Ultrac Vorti i has been expanded for luxury SUVs by introducing it in 21 and 22 inches. The ultra ultra-high performance[Read More…]

by May 29, 2024 Newscast
Seco appoints Clara Smith as VP Strategy & Transformation

Seco appoints Clara Smith as VP Strategy & Transformation

As of May 15, 2024, Clara Smith has assumed the role of Vice President of Strategy & Transformation. She will also become a member of the SMG, Seco Management Group, and report to Stefan Steenstrup, President of Seco. Clara is based in the UK. Clara brings a wealth of experience in strategy, transformation, and leadership to her new role. With[Read More…]

by May 29, 2024 Newscast