Ola Electric has invested in an Israeli battery technology company StoreDot that excels in batteries with extreme fast charging (XFC) technology. The investment in StoreDot is the first of several global strategic investments planned by Ola Electric as it looks to ramp up its core R&D in advanced cell chemistry and manufacturing as well as other battery technologies and new[Read More…]
Qualcomm Technologies, BMW Group and Arriver join forces to co-develop next generation of Automated Driving Systems. Qualcomm Technologies, Inc., BMW Group, and Arriver Software AB announced a long-term development collaboration for Automated Driving technologies. The companies signed a strategic cooperation agreement that will focus on the joint development of next-generation AD technologies ranging from New Car Assessment Program (NCAP), Level[Read More…]
Prof. R. Krishna Kumar, Institute Professor-IIT Madras, appointed as Technology Advisor to CMD & MD, JK Tyre Prof. R. Krishna Kumar, Institute Professor, IIT Madras, has been appointed as Technology Advisor to Chairman & Managing Director, Dr Raghupati Singhania, and Anshuman Singhania, Managing Director, by JK Tyre & Industries Limited. Prof. Krishna Kumar, an expert in Vehicle Dynamics and Tyre[Read More…]
Stone Plant Investments B.V., an affiliate of Warburg Pincus has acquired a majority stake in Imperial Auto Industries Limited and its affiliated companies (“Imperial” or the “Group”). Imperial is a manufacturer of fluid transmission products (“FTP”) for automobile and off-highway sectors and was founded in 1969, The Group claims to generate revenues of approximately Rs. 2,200 crores, offers a diversified[Read More…]
Press Release Tata Motors, has won a contract to supply 65 electric vehicles to the Kerala State Electricity Board (KSEB) as part of a tender agreement (60 Tigor EVs and five Nexon EVs). This order is part of a competitive pan-India tender launched by KSEB in support of the state’s 2030 vision to “Go Green/Carbon Neutral.” A handover ceremony was[Read More…]
The wonder women of the automotive components industry continue to make their presence felt with exemplary commitment and will to deliver against the odds. Our own, Deepti Thore looks at their growing stature across the board. Breaking all stereotypes, women today no longer just occupy desk jobs. They are managing seemingly complex jobs akin to their male counterparts, be it[Read More…]
MG Motor India and PPG Asian Paints launch a technology that can enable CO2 reduction of 1500 tons/annum MG Motor India takes another step in the direction of long-term sustainability. The company just became the world’s first car brand to employ PPG Asian Paints’ ULTRAX Degreaser, a liquid alkaline degreasing cleaner. The advent of a degreasing pre-treatment chemical is in[Read More…]
Press release Bridgestone India Announces Winners of Mobility Social Impact Awards The Award Recognises dedication to safe and smart mobility solutions across Healthcare & Nutrition, Livelihoods, Education and Social Inclusion The total price money is of Rs 30 lakhs Bridgestone India today announced the winners of its Mobility Social Impact Awards. These awards identify, recognize and promote mobility innovations through[Read More…]
Press Release BYD Blade Battery Powers All-New e6 in India: All Set to Redefine Battery Safety and Single-charge Range Standards BYD (Build Your Dreams) India, a subsidiary of the Warren Buffett-backed EV maker BYD, the global pioneer and one of the world’s largest new energy vehicle maker, announced that their All-New e6, India’s first premium eMPV launched recently in India[Read More…]
Press Release Motherson and Valeo sign a partnership to create the automotive interior of the future Samvardhana Motherson Automotive Systems Group BV (SMRP BV), a Motherson company, and Valeo have signed a Memorandum of Understanding (“MOU”) which aims to create the automotive vehicle interior of the future through the integration of lighting systems with advanced surface finishes. Valeo’s innovative lighting[Read More…]
