A product in its life cycle has to transition multiple layers from concept to commercialisation. It’s this journey that has been a subject of evolution ever since industrialisation is known to man. The manufacturers have set the bar high for themselves, at times driven by internal driving forces and on other instances by external forces beyond control. Undeniably, the industry[Read More…]
Deepak Mathur, Sr. Vice President, Global Marketing and Sales at Jindal Aluminium Limited highlights the role of aluminium in EV manufacturing. As a metal, aluminium is not new to the auto industry. It’s over a century since the first sports car featuring an aluminium body premiered at the Berlin International Motor Show in 1899. It has proven itself to be[Read More…]
Tata Motors Ltd (TML) and TPG Rise Climate have entered into a binding agreement whereby TPG Rise Climate along with its co-investor ADQ, shall invest in a subsidiary of Tata Motors that will be newly incorporated. TPG Rise Climate along with co-investors shall invest Rs 7,500 Cr in compulsory convertible instruments to secure between 11 % to 15 % stake[Read More…]
In an upfront interaction, Jayakumar G, Group President India, Valeo India Pvt. Ltd. speaks to Ashish Bhatia on the changing customer perception driving changes in the automotive industry. Q. How are you contributing to the reduction of CO2 emissions and the development of safer driving? Which products in the portfolio are contributing to this vision? A. 94 per cent of[Read More…]
Dassault Systemes (Dassault) has introduced DELMIAWorks (DW suite) in India. Joining a host of 3D modelling and simulation applications from Dassault, the DW suite extends to automotive manufacturing operations with a pan India potential for growth. Dassault aims to deploy the Enterprise Resource Planning (ERP) and Manufacturing Execution System (MES) solutions as part of the DW suite. The initiative is[Read More…]
Detel announced the appointment of Ravneet Singh as General Manager of EV Manufacturing. In his capacity, Ravneet will be responsible for making the team-building strategies and overseeing the EV manufacturing operations. With over 30 years of experience in manufacturing internal combustion engine (ICE) and electric bikes, Ravneet has been associated with companies like Yamaha Motor India Pvt. Ltd., Cosmic Motorcycle[Read More…]
Tata Motors has announced the launch of a new brand ‘XPRES,’ exclusively for fleet customers. Under the XPRES brand, the company will introduce offerings, catering to fleet specific needs of safety, passenger comfort and low cost of ownership. All vehicles for the fleet segment will sport an elegantly designed XPRES badge, clearly differentiating them from the growing ‘New Forever’ range[Read More…]
Indian two-wheeler manufacturer Hero Electric has received a big boost to it’s expansion plans. Hero Electric has raised a Rs.220 crore fund in part one of the series B round. The round was led by Gulf Islamic Investments(GII) along with OAKS. The initial investment of Rs.220 crore will aid in Rs.700 crore investment earmarked that till the year 2025. The[Read More…]
Text : J Srikant The first victim of a downturn in the auto industry is not the OEM or the component manufacturer, but the dealer. A drop in vehicle sales adversely impacts the already tight margins of dealers. However, when the industry begins to revive, the dealers are the first to give an indication of change. Federation of Automotive Dealers[Read More…]
Magna, the third-largest automotive parts supplier in the world, is focused on delivering game-changing innovations that lead to market gains for its customers; innovations that meet changing consumer needs and the ongoing challenges of the global automotive industry. One product area that Magna is a pioneer in is electronics, specifically camera-based technology. As the automobile continues to evolve and new[Read More…]
