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From L to R: Mr. Vinnie Mehta, Director General, ACMA; Mr. Deepak Thukral, EO, Supply Chain, Maruti Suzuki India Ltd.; Ms. Shradha Suri Marwah, President, ACMA and Chairperson & Managing Director, Subros Ltd.; Dr. Hanif Qureshi, Additional Secretary, Ministry of Heavy Industries, Government of India; Mr. Vivek Vikram Singh, Chairperson - Electric Mobility and Telematics Pillar, ACMA & Managing Director & Group CEO, Sona Comstar; Mr. Vinod Sharma, Co-Chairman, Electric Mobility & Telematics Pillar, ACMA & Managing Director, Deki Electronics

ACMA Successfully Concludes ‘Transforming Mobility 2024 – Global Summit & Expo’

The Automotive Component Manufacturers Association of India (ACMA), the apex body representing India’s Auto Component manufacturing industry, successfully concluded the 4th edition of its ‘Transforming Mobility 2024 -Global Summit & Expo’, marking a significant step forward in redefining mobility and positioning India at the forefront of EV components manufacturing and innovations, in line with ACMA’s mission for sustainable transportation. The event,[Read More…]

by February 28, 2024 Newscast
HARMAN Unveils 5G TCU for Connected Cars

HARMAN Unveils 5G TCU for Connected Cars

HARMAN, a global leader in connected vehicle solutions, announced the launch of the HARMAN Ready Connect 5G Telematics Control Unit (TCU), leveraging state-of-the-art Snapdragon® Digital Chassis™ connected car technologies from Qualcomm Technologies, Inc. to push connectivity boundaries and democratize the automotive connectivity landscape. Based on the Snapdragon® Auto 5G Modem-RF Gen 2, HARMAN Ready Connect 5G TCU represents a significant[Read More…]

by February 28, 2024 Newscast
Arrow Electronics and Infineon Collaborate to Accelerate Automotive Electrification

Arrow Electronics and Infineon Collaborate to Accelerate Automotive Electrification

Arrow Electronics, and its engineering services company, eInfochips, are working with Infineon Technologies AG to help eInfochips’ customers accelerate the development of electric vehicle (EV) chargers. Development of EV chargers, especially DC “fast chargers,” is becoming increasingly challenging to equipment manufacturers due to several factors, such as lack of prior experience, stringent functional safety and reliability requirements, and a fledgling[Read More…]

by February 27, 2024 Newscast
Toyota Kirloskar Motor Signs MoU with Govt of Karnataka

Toyota Kirloskar Motor Signs MoU with Govt of Karnataka

Toyota Kirloskar Motor (TKM) signed a Memorandum of Understanding (MoU) with the Department of Technical Education, Government of Karnataka. The MoU aims to establish Advanced Centres of Excellence (ACoE) in several colleges across the State and as a pilot aims to initiate an ACoE in Government Engineering College, Ramanagara, making it the first government engineering college to host advanced technological[Read More…]

by February 26, 2024 Newscast
Toyota Kirloskar Auto Parts Qualifies for Incentive Under PLI Scheme

Toyota Kirloskar Auto Parts Qualifies for Incentive Under PLI Scheme

Toyota Kirloskar Auto Parts Pvt Ltd (TKAP), a part of Toyota Group of companies, announced that it has received the Domestic Value Addition (DVA) Certificate for xEV Transaxle (e-Drive) under the Production Linked Incentive (PLI) Scheme for Advanced Automotive Technology (AAT) products. This development renders TKAP eligible to avail incentives under the Scheme. TKAP’s product has also met the Testing[Read More…]

by February 26, 2024 Newscast
Sona Comstar Receives PLI Certificate for Traction Motor for Electric two-wheelers

Sona Comstar Receives PLI Certificate for Traction Motor for Electric two-wheelers

Sona BLW Precision Forgings Ltd. (Sona Comstar) is a global provider of automotive technology solutions. The company became the first automotive component manufacturer to receive certification under the Auto Production Linked Incentive (PLI) scheme. The company has filed seven applications for different products under the PLI scheme, and it has received the certification for its first product, a hub wheel[Read More…]

by February 23, 2024 Newscast
Servotech Power Systems Wins Order for 1500 DC fast EV Chargers from HPCL and other OEMs

Servotech Power Systems Wins Order for 1500 DC fast EV Chargers from HPCL and other OEMs

Servotech Power Systems Ltd., a leading manufacturer of EV chargers in India, has bagged a order for nearly 1500 DC fast EV chargers from Hindustan Petroleum Corporation Limited (HPCL) and other EV charger OEMs. The order is valued at 102 crores and involves two charger variants of 60 kW and 120 kW. The order secured by HPCL involves Servotech manufacturing,[Read More…]

by February 23, 2024 Newscast
Remsons Enters into 50:50 JV with Daiichi for Automotive Electronics

Remsons Enters into 50:50 JV with Daiichi for Automotive Electronics

Remsons Industries Ltd., a pioneer in Cables & Shifters for Automotive Industry has entered into a 50:50 Joint Venture with Daiichi Infotainment Systems which is poised to redefine the landscape of automotive electronics. This strategic collaboration brings together the expertise and resources of two industry-leading entities, DAIICHI and REMSONS, to pioneer innovative solutions that will drive the future of mobility.[Read More…]

by February 20, 2024 Newscast
Rolls-Royce, TVS SCS Extend Contract for 5 Years

Rolls-Royce, TVS SCS Extend Contract for 5 Years

Rolls-Royce, a global leader in technology and innovation, and TVS Supply Chain Solutions Limited, a global supply chain solutions provider and one of the largest and fastest-growing integrated supply chain solutions providers in India, have extended their contract for five years until 2029. The partnership extension is for the state-of-the-art Parts Distribution Centre (PDC) in Singapore serving the Asia Pacific[Read More…]

by February 20, 2024 Newscast
Despite Lower Costs, Consumers opt for Hybrid cars Over EVs

Despite Lower Costs, Consumers opt for Hybrid cars Over EVs

Concerns regarding prolonged charging durations, infrastructure availability, and the safety of battery technology persist, deterring potential buyers, reveals a Deloitte study. According to Deloitte’s 2024 Global Automotive Consumer Study, a greater number of car buyers plan to opt for hybrid vehicles rather than electric vehicles (EVs) for their next purchase, despite the higher cost associated with hybrids. The study identifies[Read More…]

by February 19, 2024 Newscast