Nikola founder sentenced for alleged securities fraud
Plastics Recycling Show India 2024
Gulf Oil Lubricants is considering acquiring companies to enhance its electric vehicle infrastructure.
2024 Global Automotive Colour Launched
Frank Huber to join Marelli as EVP and President of Automotive Lighting & Sensing

Newscast

Continental Is Advancing Server-based Vehicle Architectures with Zone Control Units

Continental Is Advancing Server-based Vehicle Architectures with Zone Control Units

Continental, a leading technology company, has introduced Zone Control Units (ZCUs) as a pivotal component in the advancement of server-based architectures for European and Asian car manufacturers. These ZCUs facilitate streamlined communication between electronic components within specific vehicle zones, optimizing data flow and reducing complexity. They serve as a crucial link between sensors, actuators, and high-performance computers, enabling seamless interaction[Read More…]

by — April 18, 2024 — Newscast
Lithium Battery Giant Sieger Tech Appoints Kuldeep Magiri as the New COO

Lithium Battery Giant Sieger Tech Appoints Kuldeep Magiri as the New COO

Sieger Tech, a prominent player in the lithium battery industry, proudly announces the appointment of Kuldeep Magiri as its new Chief Operating Officer (COO). With a wealth of experience in operations and manufacturing, Kuldeep brings invaluable expertise to drive Sieger Tech’s growth trajectory. Having served as Head of Operations at Varroc Group, a leading motor manufacturing firm, Kuldeep’s track record[Read More…]

by — April 18, 2024 — Newscast
Spark of change: The Imperative Role Of Real Estate In India’s EV Infrastructure

Spark of change: The Imperative Role Of Real Estate In India’s EV Infrastructure

The realization of India’s sustainable future is contingent upon the development and optimal utilization of a robust electric vehicle (EV) charging infrastructure. The surge in EV adoption is driven by increasing environmental awareness, government incentives, and rapid advancements in battery technology. As of 2023, India achieved a remarkable milestone, surpassing one million EV sales in under nine months, compared to[Read More…]

by — April 18, 2024 — Newscast
JK Tyre expands retail presence, inaugurates 92nd Brand Shop in India for Trucks

JK Tyre expands retail presence, inaugurates 92nd Brand Shop in India for Trucks

JK Tyre & Industries Ltd, a key player and market leader in the radial tyre segment in India, recently unveiled its 22nd brand shop in Tamil Nadu, signaling a significant expansion of its last-mile presence nationwide. The inauguration of Hindustan Tyres, a comprehensive one-stop solution brand shop, was presided over by Mr. Sanjeev Sharma, Vice President – Mobility Solutions &[Read More…]

by — April 17, 2024 — Newscast

Remsons Industries bags Rs. 30 crore order from Tata Motors for Winches

Remsons Industries Ltd., a pioneer in cables & shifters for automotive industry has bagged the fourth order from Tata Motors for the supply of winches used for spare wheel. The company is currently supplying winches to successful models like Tigor, Altroz and Punch and the recent order is received for its new model Tata Nexon CNG. The total size of[Read More…]

by — April 17, 2024 — Newscast
Sustainable Technology

Sustainable Technology

Dana India exemplifies a distinguished approach towards pursuing Sustainable Development Goals (SDGs), particularly within the automotive sector. Under the leadership of Gajanan Gandhe, the Country Head and Vice President, Dana India has charted a clear roadmap towards sustainability, focusing notably on sustainable technology and emissions control. The company has invested significantly, totaling over half a billion dollars in the past[Read More…]

by — April 16, 2024 — Newscast
Nikola founder sentenced for alleged securities fraud

Nikola founder sentenced for alleged securities fraud

Milton was convicted in October 2022 for deceiving investors about the capabilities of Nikola’s hydrogen and electric truck technology, particularly the Nikola One prototype. Prosecutors argued that he had created a false image of the truck’s functionality through deceptive videos. The case came to light after Nikola went public in 2020, initially seen as a competitor to Tesla, leading to[Read More…]

by — April 15, 2024 — Newscast
Continental digital tyre management for bus, trucks and trailer fleets

Continental digital tyre management for bus, trucks and trailer fleets

Continental offered an affordable solution to enable fleets to manage their tyres digitally. The valve cap sensor was part of the company’s ‘Lowest Overall Driving Costs’ (LODC) concept. The sensor could be screwed directly onto the tyre valve of buses, trucks, or trailers and measured the tyre pressure in real-time. It was compatible with commercial vehicle tyres from all major[Read More…]

by — April 15, 2024 — Newscast
Jindal Stainless accords consent to Rabirun Vinimay acquisition

Jindal Stainless accords consent to Rabirun Vinimay acquisition

The Board of Directors of Jindal Stainless Limited (JSL) had given their consent for the purchase of a 100% stake in Rabirun Vinimay Pvt. Ltd. in December. RVPL was a company under liquidation. This information was disclosed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. The cost of the acquisition was Rs 96 crore, according to[Read More…]

by — April 15, 2024 — Newscast, Uncategorized
Infosys to Harmonize the Systems of LKQ Europe

Infosys to Harmonize the Systems of LKQ Europe

A global tech giant Infosys had announced a five-year collaboration with LKQ Europe, one of the leading distributors of automotive aftermarket parts for cars, commercial vans, and industrial vehicles in Europe. Following multiple strategic acquisitions, LKQ had envisioned a corporate program that entailed harmonizing business processes, improving product availability, and enabling faster delivery to end customers. Under this collaboration, Infosys[Read More…]

by — April 15, 2024 — Newscast
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