Newscast

Lumax Auto Strengthens Green Fuel Push with 60% Stake in Greenfuel

Lumax Auto Strengthens Green Fuel Push with 60% Stake in Greenfuel

Strategic acquisition positions LATL in the fast-growing alternate fuels market, focusing on CNG, hydrogen, and sustainable mobility Lumax Auto Technologies Limited (LATL), Tier-1 automotive systems and components supplier, has acquired a 60% stake in Greenfuel Energy Solutions’ alternate fuels business for ₹153.09 crores. This strategic investment, made through LATL’s wholly owned subsidiary, Lumax Resources Pvt. Ltd., signals the company’s entry[Read More…]

by November 28, 2024 Newscast
MediaTek Showcases Latest Smartphone, Automotive and IoT Innovations to Drive Digital Transformation in India

MediaTek Showcases Latest Smartphone, Automotive and IoT Innovations to Drive Digital Transformation in India

MediaTek, a fabless semiconductor company, powering nearly 2 billion connected devices a year, showcased the company’s leadership in mobile, automotive and the IoT and reiterated its focus on accelerating the adoption of future-ready technologies across Generative AI, satellite connectivity, automotive solutions, 5G and smart clusters. MediaTek showcased its latest innovations, powered by its flagship MediaTek Dimensity 9400 chipset at the[Read More…]

by November 19, 2024 Newscast
Delta IT Network Powers Krishna Maruti Ltd’s Rs 10 Crore Automotive IT Infrastructure

Delta IT Network Powers Krishna Maruti Ltd’s Rs 10 Crore Automotive IT Infrastructure

The Delhi NCR based Delta IT Network’s footprint in making IT Infrastructures is growing by leaps and bounds, its expansion plans have taken the automobile sector in its ambit. As the IT service provider to Krishna Maruti Ltd – KML thru the last decade. The Krishna Maruti Group, a 365-million-dollar conglomerate, was incorporated in 1994 as an ancillary to Maruti Udyog Ltd[Read More…]

by November 13, 2024 Newscast
Warivo Motor secures design patent for its first high speed e-scooter

Warivo Motor secures design patent for its first high speed e-scooter

Warivo Motor India Pvt Ltd, an established and fast-growing player in India’s electric two-wheeler industry, has reached a significant milestone with the grant of a design patent for its first high-speed electric scooter, the Warivo CRX. The patent (Design No. 420129-001), awarded by The Controller of Patents & Designs, is a proof of Warivo Motor’s commitment to creating aspirational designs[Read More…]

by November 13, 2024 Newscast
BorgWarner Secures New High Voltage Coolant Heater Programs in China, Korea and Japan

BorgWarner Secures New High Voltage Coolant Heater Programs in China, Korea and Japan

BorgWarner has secured three significant business wins for its High Voltage Coolant Heater (HVCH) technology, expanding its reach in the Chinese, Korean and Japanese electric vehicle markets. In China, a leading domestic automaker has selected BorgWarner’s HVCH for use in a fully electric SUV, with production expected to commence in the second quarter of 2025. This partnership marks a significant[Read More…]

by November 13, 2024 Newscast
JK Tyre Becomes India’s First Tyre Company to Join RE100

JK Tyre Becomes India’s First Tyre Company to Join RE100

  JK Tyre & Industries, India’s leading tyre manufacturer, has reaffirmed its commitment towards sustainability by joining RE100 and using 100% renewable electricity by 2050. JK Tyre is the first Indian tyre manufacturer and 16th Indian business to join RE100. To stay on course, the company has set a midterm goal (by FY’30) to reduce its greenhouse gas (GHG) emission[Read More…]

by November 13, 2024 Newscast
Uno Minda launches 1080p DVR 2.0 with Level 2 ADAS in Indian aftermarket

Uno Minda launches 1080p DVR 2.0 with Level 2 ADAS in Indian aftermarket

Uno Minda, a Tier 1 supplier of Proprietary Automotive Solutions to Original Equipment Manufacturers (OEMs), has announced the launch of a new Car DVR 2.0 with Level 2 Advanced Driver Assistance System (ADAS) in the Indian aftermarket with 1080p resolution. This cutting-edge DVR is designed to improve driver safety by providing real-time alerts and monitoring the vehicle’s surroundings to reduce accident risks.[Read More…]

by November 12, 2024 Newscast
JK Tyre Q2FY25 net profits stood at Rs.144 crore

JK Tyre Q2FY25 net profits stood at Rs.144 crore

Indian Tyre Industry major, JK Tyre & Industries Ltd. (JK Tyre) announced its unaudited results for Q2 of FY2025. Commenting on the results, Dr. Raghupati Singhania, Chairman and Managing Director (CMD), said, “JK Tyre, maintained it’s volumes & presence in the Passenger Car segment despite lower demand in the category. The commercial vehicle segment also witnessed slackening attributable to the general election[Read More…]

by November 6, 2024 Newscast
NXP India Hosts Indo-German Technology Roundtable, Highlighting International Semiconductor Collaboration

NXP India Hosts Indo-German Technology Roundtable, Highlighting International Semiconductor Collaboration

NXP Semiconductors welcomed German and Indian policymakers, industry leaders and executives at its site in Noida for an exclusive roundtable event. Alongside NXP Chief Technology Officer, Lars Reger, the event was attended by business and industry leaders from German, Indian and European companies, as well as respective government officials, including H.E. Robert Habeck, Germany’s Vice-Chancellor and Federal Minister of Economic[Read More…]

by October 29, 2024 Newscast
ACMA Mobility Foundation signs MOU with Fraunhofer Institutes

ACMA Mobility Foundation signs MOU with Fraunhofer Institutes

The ACMA Mobility Foundation (AMF), an initiative of the Automotive Component Manufacturers Association of India (ACMA), signed a Memorandum of Understanding (MOU) with the Fraunhofer-Gesellschaft, Germany, to foster Research and Development (R&D) collaboration for India’s auto component industry. Signed in the backdrop of the 18th Asia-Pacific Conference of German Business (APK 2024) in New Delhi, this strategic partnership aims to provide[Read More…]

by October 28, 2024 Newscast