The automaker is aggressively discounting nearly every electric and hybrid model in its lineup, aiming to lure customers away from traditional giants like Toyota and Volkswagen. BYD’s extensive price reductions, part of its “electricity is cheaper than oil” campaign, signal a bold move in China’s fierce price war. Over 100 model versions have seen price cuts, with an additional 70[Read More…]
Minda Corporation Limited, the flagship company of Spark Minda, reaffirms its commitment to Make-in-India with the rapid rollout of its 1 millionth two-wheeler Smart Keyless System from its cutting-edge manufacturing facilities nationwide. This Smart Keyless System is designed & developed at its state-of-the-art Smart Minda Technical Centre, and epitomizes Indian design and engineering excellence. Commemorating the milestone, Ashok Minda, Group Chief[Read More…]
FPT Industrial, the Iveco Group brand dedicated to the design, production, and sale of low- environmental impact powertrains, reached another significant milestone at its plant in Cordoba (Argentina) with the production of engine number 200,000, less than two years after reaching the milestone of 150,000 in September 2022. Established in 2012, the Cordoba plant is dedicated to the production of[Read More…]
Uno Minda, a supplier of Automotive Solutions to OEMs, has introduced a range of 4 Wheeler Rear View Mirrors in the Indian market. This product is designed to enhance road visibility to drivers, promoting attentiveness behind the wheel by offering a clear view of the vehicle’s surroundings. Whether you’re navigating through traffic, parking, or manoeuvring in tight spaces, this mirror[Read More…]
PCBL, the largest carbon black manufacturer in India, as per its announcement made earlier has executed a JV with Kinaltek, an Australian company, which has developed nano silicon technology for battery application. PCBL shall own 51% of the JV company which will have the intellectual property and know-how of products of battery application and a pilot plant for the same.[Read More…]
Sona BLW Precision Forgings Ltd. (Sona Comstar), one of the leading global providers of automotive technology solutions, has announced the achievement of two remarkable production milestones. The company has successfully manufactured 400 million differential gears and 6 million differential assemblies, marking a significant accomplishment in its journey of excellence. Sona Comstar designs and manufactures differential assemblies, precision-forged differential gears, and[Read More…]
Hinduja Co is exploring acquisitions of charge point operators and firms in intelligent grid tech, according to Gulf Oil Int’l CEO. Gulf Oil Lubricants India plans to become a leader in the electric vehicle charging ecosystem by acquiring charge point operators (CPOs) and companies in the intelligent grid technology space, according to top executives. “We are looking at the complete[Read More…]
Niterra India has announced the appointment of Daijiro Kanazawa as the new Managing Director and Member of the board of Niterra India PVT. LTD., effective from 1st April 2024. With his excellent leadership, open-minded stance, and strong drive to move forward, he will be one of the key performers as the company moves to its next stage. The company has also[Read More…]
Axalta Coating Systems, today announced its 2024 Global Automotive Colour of the Year ‘Starry Night’. Starry Night is a deep, modern colour that features light blue and silver flakes, reminiscent of the vastness of space and our desire to explore it. The black shade represents bold creativity and the determination to achieve new heights. As a versatile hue, Starry Night[Read More…]
Servotech EV Infra Pvt. Ltd., a subsidiary of India’s leading EV charger and solar products manufacturer, Servotech Power Systems Ltd., proudly announces significant steps forward. The company has secured strategic equity dilution of 6%* at a pre-money valuation of Rs. 200 crore*. This investment will fuel the initial phase of Servotech EV Infra's ambitious growth plans. Additionally, Servotech EV Infra[Read More…]
