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…]
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…]
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…]
The 16th Edition of Auto Expo 2023 – The Components Show marked the biennial exhibition’s return. Ashish Bhatia found the supplier exhibits a testimony to OEMs having capable partners to see through their zero-emissions strategy. Pragati Maidan in Delhi was back to its glorious best after a three-year Covid-19-induced hiatus. The exhibition centre was back to halls full of automotive[Read More…]
Shriram Pistons & Rings Limited (SPRL) to acquire (through its subsidiary, SEL) 75 per cent shareholding in Takahata Precision India Pvt. Ltd. (ultimate subsidiary of Takahata Precision Co. Ltd., Japan) engaged in the manufacturing of precision moulded/assembled parts and precision metal moulds. Shriram Pistons & Rings Limited has announced to acquire 75 per cent shareholding in Takahata Precision India[Read More…]
In an upfront conversation, Sanjeev Vasdev – Managing Director at Flash Electronics (India) Pvt. Ltd. spoke to Ashish Bhatia about the company strengthening its capabilities for realising projected growth. Q. What is the direct bearing of the collaboration with Polish Group Elimen on your growth aspirations across the PV and CV segments? A. Flash is one of the first companies[Read More…]
The Executive Committee of the Society of Indian Automobile Manufacturers (SIAM), the apex body of the Indian automotive industry, today elected Vinod Aggarwal, MD & CEO, Volvo Eicher Commercial Vehicles Ltd (VECV) as its new President for 2022-23. Vinod Aggarwal, who was the Vice President of SIAM succeeds Kenichi Ayukawa, Executive Vice Chairman & Whole Time Director, Maruti Suzuki India[Read More…]
FEV India has opened two new branches in Pune, Maharashtra. The Vehicle Development Center brings together all of FEV’s development expertise in this field under one roof. The establishment of the Smart Mobility Center follows the launch of the company’s new FEV.io global software brand, which focuses on intelligent and electrified mobility. “We have a clear vision of supporting our[Read More…]
Press Release Tata Motors files a record number of 125 patents in FY22, Secures 56 grants in FY22, Continues to set the standard in the automotive industry Tata Motors Ltd (TML), India’s leading automobile company, today announced that it has accelerated its drive for engineering excellence and innovation by filing a record number of 125 patents in FY22, the highest[Read More…]
KPIT Technologies Ltd, a global partner to the automotive and mobility ecosystem for making software-defined vehicles a reality, announced the development of the Software Excellence Centre in Kochi. The Centre will be developed along with PathPartner Technology, which joined the KPIT family in 2021. KPIT’s strategic partnership with global OEMs and Tier 1s and focus on building software-defined vehicles consistently[Read More…]
