Post Tagged with: "Automotive"

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
Volkswagen and Mahindra sign supply agreement for EV components

Volkswagen and Mahindra sign supply agreement for EV components

Mahindra will equip a certain range of its electric platform INGLO with electric components of Volkswagen´s MEB and unified cells. Both companies continue to explore further potential opportunities for collaboration in India in the field of e-mobility   Volkswagen Group and Mahindra & Mahindra Ltd. (M&M) have inked the inaugural supply agreement for components of Volkswagen’s MEB, tailored for Mahindra’s[Read More…]

by February 16, 2024 Newscast
EV prices nearly on par with petrol & diesel

EV prices nearly on par with petrol & diesel

Tata Motors, India’s largest electric car seller, has announced price cuts for electric versions of their Nexon SUV and Tiago mini. It is commonly believed that electric cars are too expensive to buy. However, recent price cuts from manufacturers such as Tata Motors and MG Motor mean that you can recover any additional amount paid for buying an electric car[Read More…]

by February 14, 2024 Newscast
Tata Motors Slashes EV Prices by Up to ₹1.2 Lakh

Tata Motors Slashes EV Prices by Up to ₹1.2 Lakh

Tata Motors has announced a significant price reduction for its Nexon and Tiago EV models, with savings of up to ₹1,20,000. This drop is primarily attributed to a slight decline in battery cell prices used in manufacturing. While the prices of the recently launched Punch EV remain unchanged, the Tata Tiago EV will now start at ₹7.99 lakh in India.[Read More…]

by February 14, 2024 Newscast
BorgWarner Secures Boosted Dual Inverter Business with Chinese OEM

BorgWarner Secures Boosted Dual Inverter Business with Chinese OEM

BorgWarner has secured a contract with Chinese OEM to supply its dual inverter with boost function on a series of the automaker’s plug-in hybrid (PHEV) and range extended (REEV) electric vehicle passenger car platforms. The boost module is directly integrated into the 400V dual inverter to achieve a higher power density as well as meet local hybrid architecture standards within[Read More…]

by February 13, 2024 Newscast
JSW Aims to Lead Electric Vehicle Revolution with Affordable EVs, Says Sajjan Jindal

JSW Aims to Lead Electric Vehicle Revolution with Affordable EVs, Says Sajjan Jindal

The Group intends to produce electric cars and commercial vehicles at the same price as combustion engines The JSW Group, with ambitious plans to invest ₹40,000 crore in electric vehicle (EV) projects in Odisha, is on a mission to transform the automotive industry. Sajjan Jindal, Chairman and Managing Director of JSW Group, disclosed the company’s vision to produce high-quality batteries[Read More…]

by February 12, 2024 Newscast
Lumax Cornaglia Auto Technologies Private Limited, inaugurates a New Plant in Pune.

Lumax Cornaglia Auto Technologies Private Limited, inaugurates a New Plant in Pune.

Lumax Cornaglia Auto Technologies Private Limited (“LCAT”), a subsidiary / joint venture Company between Lumax Auto Technologies Limited (“LATL”) and Cornaglia s.p.a., Italy, has expanded its operations by opening a new manufacturing facility at Chakan in Pune. LCAT is engaged in the business of providing emission products i.e. Air Filters, Fuel Tanks, etc. for both two-wheelers and four-wheelers.   The new facility is spread[Read More…]

by February 12, 2024 Newscast
ASK Automotive Limited to enter into the new segment of High Pressure Die Casted Two Wheeler Alloy Wheels

ASK Automotive Limited to enter into the new segment of High Pressure Die Casted Two Wheeler Alloy Wheels

ASK Automotive Limited, manufacturer of brake shoes and advanced braking systems for two-wheelers, has unveiled plans to venture into a new segment – High Pressure Die Casted Two-Wheeler Alloy Wheels (Licensed Products) for the domestic market. The company has forged a partnership with LIOHO Machine Works Limited, Taiwan, to seek technical expertise in developing this new product line. The collaboration,[Read More…]

by February 8, 2024 Newscast
Servotech Power Systems signs a Contract with Adani  TotalEnergies E-Mobility for EV Chargers

Servotech Power Systems signs a Contract with Adani TotalEnergies E-Mobility for EV Chargers

Servotech Power Systems Ltd., has signed a contract with Adani TotalEnergies E-Mobility Ltd. (ATEL) for AC EV chargers. Servotech Power Systems will be responsible for manufacturing, supplying and Installing AC EV Chargers at different Airports and other said locations, playing a key role in driving widespread EV charging solutions, vital for advancing decarbonized mobility. The project will be executed in[Read More…]

by February 7, 2024 Press Release
Prime Minister Narendra Modi Reviews India’s First Indigenous Alkaline Electrolyser by BPCL at India Energy Week 2024 in Goa

Prime Minister Narendra Modi Reviews India’s First Indigenous Alkaline Electrolyser by BPCL at India Energy Week 2024 in Goa

Prime Minister Narendra Modi reviewed the operation of the first indigenous alkaline electrolyser, a groundbreaking achievement for India. Developed collaboratively by BPCL and the Bhabha Atomic Research Centre (BARC), the prototype was showcased to the Prime Minister by  G. Krishnakumar, C&MD of BPCL. Alkaline water electrolysis, the process through which hydrogen is produced from alkaline water via electrolysis, marks a[Read More…]

by February 6, 2024 Uncategorized