Mahindra & Mahindra MoU with Govt. of Maharashtra at World Economic Forum – Mahindra to locate EV Manufacturing Plant in Pune, Maharashtra Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies, today announced that their investment of Rs. 10,000 Crore for electric vehicles has been approved under the Maharashtra Government’s industrial promotion scheme for Electric Vehicles. The[Read More…]
Bridgestone Partners with Lamborghini to Develop World-First Supercar Run-Flat All-Terrain Tyre for the Huracán Sterrato. The new Bridgestone Dueler All-Terrain AT002 tyre is specifically designed to provide Huracán Sterrato drivers with maximum driving pleasure, versatility, and adaptability for any conditions and surfaces, both on-road and off-road. The custom-engineered Bridgestone Dueler All-Terrain AT002 is the world’s first-ever supercar all-terrain tyre featuring[Read More…]
The technology company ZF has started the year with a newly formed Board of Management team. Dr. Holger Klein has been Chief Executive Officer of the company starting January 1. Michael Frick, Chief Financial Officer, and Dr. Peter Laier, in charge of Commercial Vehicle and Industrial Technology, are new members of the Board, which has been reduced from seven to[Read More…]
FPT Industrial, the IVECO Group company has grand plans for India. Prateek Pardeshi assesses the gas engines as the foundation of this strategy. Fiat Powertrain Technologies (FPT) Industrial was formed as a combined entity with the best of IVECO, CASE IH, and NEW HOLLAND engine, transmission, and axle technology coming together. It is known to have leveraged the expertise and[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…]
In an upfront conversation Vikram Pawah, President and CEO at BMW India spoke to Ashish Bhatia where he hailed the supplier support for higher localised content per vehicle-led growth. Q. How do you gauge the industry sentiment against the backdrop of volumes reaching pre-pandemic peaks? A. The real sentiment that has been coming to the surface is quite strong. After[Read More…]
BorgWarner today announced its intention to execute a tax-free spin-off of its Fuel Systems and Aftermarket segments into a separate, publicly traded company (“NewCo”). “The BorgWarner Board believes a strategic spin-off of our Fuel Systems and Aftermarket segments would be the best path forward to further the transformation of our company. The intended separation supports optimizing our combustion portfolio and[Read More…]
Bosch India has transformed its headquarters into a smart campus. Ashish Bhatia with inputs from Sumesh Soman looks at such heavy investments in advancing technology to become future-ready. Bosch is gearing up for the future. It has measured investments to tap into future trends like e-mobility and Artificial Internet of Things (AIoT). To expand its activities in line, the company[Read More…]
Manav Kapur shares his thoughts on how technology is transforming the auto industry The automobile industry has been undergoing major transformations fueled by fast-paced technological advancements, changing customer behavior, and disruptions caused by the recent pandemic. With the increasing penetration of autonomous driving, cloud computing, electric vehicles, machine learning, blockchain, networking, etc., industry players are chalking out new and robust[Read More…]
More than 30 per cent of the vehicles sold in India will run on electricity by 2030, shows a study by Arthur D. Little (ADL). The study, which focuses on India’s EV industry, estimates that the sector will cross-sell 10 million vehicles by 2030, with an overall adoption rate of more than 30% across various vehicle categories. However, EV adoption for[Read More…]
