Apollo Tyres has partnered with NATRAX to establish India’s first test track dedicated to validating tyres for Electric Vehicles (EVs) and low rolling resistance tyres. This collaboration aims to provide EV manufacturers with a dedicated facility to test and validate the cut and chip resistance of tyres, crucial due to the unique characteristics of EVs like regenerative braking and high-speed[Read More…]
In today’s automotive landscape, Indian consumers are driving a shift towards premium products, transforming cars from mere necessities into style statements and expressions of personal identity. This shift is evident in the increasing attention to detail and willingness to invest in upgrades beyond traditional interior and exterior enhancements. A notable trend is the replacement of standard disc horns with premium[Read More…]
Export prospects for CV suppliers were limited, but opportunities existed amidst headwinds. Ashish Bhatia explored in this multipart series. Export aspirations have faced significant challenges due to unprecedented and peculiar circumstances. These include geopolitical trade uncertainties, supply chain bottlenecks, recessionary trends, and a demand slump that threatens consumption. The Russia-Ukraine crisis has already impacted trade, and the Israel-Gaza crisis has[Read More…]
ACMA reassures continuity in robust growth backed by strategic investments in the auto components sector, writes Richa Tyagi. In its findings shared at the Industry Performance Review for the first half of fiscal 2023-24 (H1-FY24), the turnover of India’s automotive component industry during the period April-September 2023 stood at an impressive Rs.2.98 lakh crore (USD 36.1 bn). This translates to[Read More…]
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…]
Mercedes-Benz Research and Development India is planning to hire over 1,000 engineers in India in the upcoming year. The company has expanded its presence in Bengaluru by leasing approximately 418,000 square feet of office space, emphasizing its commitment to India as a valuable market and talent hub for the automotive sector. As per sources, the company will pay a rent[Read More…]
Ansys (NASDAQ: ANSS) and NVIDIA (NASDAQ: NVDA) have announced an expanded collaboration to integrate accelerated computing and generative AI technologies into simulation solutions. This partnership aims to advance various industries, including 6G communication systems, autonomous vehicles, digital twins, and visual rendering. By combining NVIDIA’s advanced GPUs and AI capabilities with Ansys’ simulation tools, design cycles are expected to shorten while[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…]
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…]
Frank Huber is set to join Marelli as the Executive Vice President and President of Automotive Lighting and Sensing, effective March 1, 2024. He will be based in Reutlingen, Germany. David Slump, President and CEO of Marelli, expressed his delight at Frank’s appointment, citing his vast experience in the automotive industry as a valuable asset to the Marelli leadership team.[Read More…]
