SIAM had requested the MEA to highlight the shortages through Indian embassies in Germany, the US, Japan and Taiwan so that global suppliers in these countries allocate adequate volumes to Indian automakers. Diplomacy has moved into top gear as the chips are down – more literally than you think – in India’s Motown. New Delhi… Continue reading India takes diplomatic route to drive Motown out of the chip mess
Author: Economic Times of India Online News
Former sweetgreen VP Beranek to head Hagerty’s digital products strategy
New Delhi: Hagerty announced the addition of a new executive to its growing digital leadership team, with Dan Beranek being named Senior Vice President of Product Management. Beranek’s hiring is one of several recent strategic appointments as the company continues its growth as a leading automotive lifestyle brand. Beranek will be responsible for leading the… Continue reading Former sweetgreen VP Beranek to head Hagerty’s digital products strategy
July vehicle registrations, revenue in Kolkata top last year’s on public travel fears
A senior officer of the transport department, too, said the increase in registrations was, on the face of it, surprising. “Last year, when sales started picking momentum, we thought it was pent-up demand pushing up sales. But this year, we cannot say that. We did not have a total lockdown and the restriction on movement… Continue reading July vehicle registrations, revenue in Kolkata top last year’s on public travel fears
Maharashtra looking to increase charging station count
With the sale of e-vehicles increasing and the state government recently coming out with a policy on the same, the availability of charging stations poses a major challenge, dealers said. PUNE: State transport minister Anil Parab on Tuesday said the state government was planning to approach petrol pumps and individual land owners for leasing space… Continue reading Maharashtra looking to increase charging station count
Shipsy appoints Mohamed Reza as head of marketing
Shipsy has announced the appointment of Mohamed Reza as head of marketing. This development comes when Shipsy is rolling out aggressive expansion plans and strengthening its foothold in the global supply chain and logistics market. Reza has joined Shipsy as the vice president of Marketing. He was previously associated with MetricStream, where he headed essential… Continue reading Shipsy appoints Mohamed Reza as head of marketing
Omega Seiki Mobility to invest INR 100 cr to set up EV manufacturing facility in UP
The OEM will invest Rs 100 crore in the state and will be creating 10,000 jobs in the next 2 years in Ghazipur, the company said in a release. New Delhi: Omega Seiki Mobility (OSM), part of the Anglian Omega Group of companies and Youth Rural Entrepreneur Foundation (YREF), signed on Monday a memorandum of… Continue reading Omega Seiki Mobility to invest INR 100 cr to set up EV manufacturing facility in UP
Bengaluru: Automated driving test track likely in Devanahalli
Transport officials said they are planning ADTCs in each district. While they are operational in Mysuru, Kalaburagi and Shivamogga, construction is on in Hassan, Dharwad, Raichur, Mangaluru and Belagavi. “We plan to set up ADTCs in Ballari, Gadag, Madikeri, Hospet, Chikkodi, Kolar and Udupi,” said Holkar. BENGALURU: Following a PIL in the high court exposing… Continue reading Bengaluru: Automated driving test track likely in Devanahalli
Hyundai Motor, Hyundai Electric MOU to develop hydrogen fuel cell package for power generation
Under the agreement, Hyundai Motor will supply PEMFC fuel cell systems and provide technical support while Hyundai Electric will develop and commercialize a fuel cell-based power generation package which includes mobile generators and AMP supply systems. Hyundai Electric will also explore a variety of business models for marketing the new package in Korea and abroad,… Continue reading Hyundai Motor, Hyundai Electric MOU to develop hydrogen fuel cell package for power generation
Hindustan Zinc to invest $1 billion to replace diesel vehicles with battery EVs
HZL said the Normet SmartDrive EV will significantly help it in saving a huge amount in high speed diesel (HSD) and its maintenance. By substituting the HSD vehicles with Normet SmartDrive battery operated vehicles, around 3 lakh litres of HSD can be saved per vehicle. Mining major Hindustan Zinc Ltd will be investing about USD… Continue reading Hindustan Zinc to invest $1 billion to replace diesel vehicles with battery EVs
Allcargo acquires 65% stake in Swedish logistics firm Nordicon Group
The deal expands ECU Worldwide’s service network and global reach further, adding new geography and a specialised rail freight consolidation service to expand further across Europe. It will also help better serve those customers looking for flexible and time-bound logistics solutions in the Nordic region. Mumbai: Allcargo Logistics on Friday said it has acquired a… Continue reading Allcargo acquires 65% stake in Swedish logistics firm Nordicon Group