The MRF Futures stock valuation on Monday breached the INR One-Lakh mark, due to the lower price of raw materials before settling at INR 98,320.80 on the National Stock Exchange. MRF futures experienced a decline of 0.51 per cent from its previous closing price. The stock reached an all-time high of INR 99,933.50 during intraday trade in the cash market,[Read More…]
Retrofitting conventional vehicles with EV conversion kits is fast catching up. Prateek Pardeshi looks at among the first such RTO approved kit by GoGoA1. The acquisition costs of EVs continue to be a deterrent for buyers. Battery costs have cooled down but yet to make a strong case for EV manufacturers. The wait for economies of scale and breaking even[Read More…]
Anand Group and Mando Corporation have entered into a JV. Prateek Pardeshi looks at the growth potential tied to the demand for e-mobility. India, as a signatory to the Paris Agreement, is prioritising electrification on a national level. This national mission is backed by the Government of India’s (GoI) FAME scheme. Known to have sold 1,05,268 EVs till date, from[Read More…]
BorgWarner’s dual-sided-cooled inverter is the first-to-market inverter using a silicon carbide-based power switch. Ashish Bhatia looks at the inverter designed for an 800V application. Driven by the climate change commitments made by the Indian Government during the COP21 Summit, Paris to reduce emission intensity by 33-35 percent by 2030 from the 2005 levels, electric mobility continues to be high on[Read More…]
Valeo partners have partnered with Omega Seiki Mobility. Prateek Pardeshi looks at the scope of the partnership involving electric powertrains for the latter’s vehicle range. Powertrains are the building blocks of a vehicle. In line with the Omega Seiki Mobility (OSM) strategy to build a powertrain suited to the duty cycles of three-wheelers for cargo transportation, the Original Equipment Manufacturer[Read More…]
India’s largest luxury car brand Mercedes-Benz today launched the 2021 Mercedes me connect, the latest version of its Mercedes me connect (Mmc) technology, integrated with home automation and voice assistance. The company introduced this latest Mmc in an updated version of its flagship product, the S-Class ‘Maestro Edition’. The S-Class ‘Maestro Edition’ features a host of enrichments that reinforces its[Read More…]
Indian tyre industry major and pioneer of radial tyre technology, proudly announced a tie-up with Kia Motors India as a tyre partner for their highest selling model Seltos. Driven by the technological expertise of producing high performance tyres suited for Indian conditions, JK Tyre, will bring the best-in-class technology, unmatchable performance, comfort and handling to Kia Seltos with its UX[Read More…]
Company’s seventh facility globally, and 5th in India Press Release: June 25, 2020 Apollo Tyres commissioned its seventh manufacturing unit globally, and the fifth one in India, with the first tyre rolling out today from the Andhra Pradesh greenfield facility in the southern part of the country. Chairman, Onkar S Kanwar, Vice Chairman and MD, Neeraj Kanwar, Supervisory Board members along[Read More…]
Press Release New Delhi, June 24, 2020: Maruti Suzuki India Limited today launched a distinctive loyalty program – Maruti Suzuki Rewards. This first-of-its-kind loyalty program will cover all passenger vehicle customers from ARENA, NEXA and True Value outlets. Maruti Suzuki Rewards is a comprehensive program that comes with a range of benefits on purchase of an additional car, service, Maruti[Read More…]
Story by: Anwesh Koley Goodyear India recently announced the launch of two new products Assurance DuraPlus 2 and Wrangler AT SilentTrac for the Indian market. While Assurance Duraplus 2 is designed for small-to-mid-sized passenger cars to further meet the upgraded needs of value-conscious consumers, Wrangler AT SilentTrac is tailored for confident SUV drivers with a strong desire for adventure and[Read More…]
