Stellantis has invested nearly ₹11,000 crore in India operations so far and will deploy additional capital in line with market demand, Managing Director and CEO Shailesh Hazela said, outlining the automaker’s long-term commitment to manufacturing, engineering and exports from the country. “We have invested close to ₹11,000 crore in our journey in India, and we… Continue reading Stellantis’ Future Investments in India to be Demand-led, Says CEO Hazela
Author: Autocar_Professional India Online News
ACMA Launches Second Aftermarket Expo in Patna with Strong Industry Turnout
The Automotive Component Manufacturers Association of India (ACMA) inaugurated the second edition of its Aftermarket Expo in Patna today, marking a significant gathering for the region’s automotive component industry. Bihar’s Minister of Transport and Rural Development, Shri Shravan Kumar, inaugurated the event alongside Manav Kapur, Chairman of ACMA’s Aftermarket Committee, and Ramashankar Pandey, Mentor of… Continue reading ACMA Launches Second Aftermarket Expo in Patna with Strong Industry Turnout
Stellantis India Expects PV Industry to Grow Over 5% this Year on GST Boost
Stellantis India expects the passenger vehicle (PV) industry to grow more than 5% this year, supported by stronger demand following the government’s GST 2.0 reforms, Managing Director and CEO Shailesh Hazela said. “I would say that before GST, we were looking at hardly any growth in auto. But with GST reforms, the growth percentage will… Continue reading Stellantis India Expects PV Industry to Grow Over 5% this Year on GST Boost
Varroc Engineering Secures High Voltage Electronics Contract for E-Powertrain Components
Varroc Engineering has secured a contract with an electric vehicle OEM to supply high voltage electronics for e-powertrain components. The agreement, spanning eight years, will see Varroc deliver critical components from its Romania manufacturing facility with a peak annual capacity requirement of INR 8,000 million. The contract covers the supply of high voltage electronics for… Continue reading Varroc Engineering Secures High Voltage Electronics Contract for E-Powertrain Components
Varroc Engineering Secures High Voltage Electronics Contract for E-Powertrain Components
Varroc Engineering has secured a contract with an electric vehicle OEM to supply high voltage electronics for e-powertrain components. The agreement, spanning eight years, will see Varroc deliver critical components from its Romania manufacturing facility with a peak annual capacity requirement of INR 8,000 million. The contract covers the supply of high voltage electronics for… Continue reading Varroc Engineering Secures High Voltage Electronics Contract for E-Powertrain Components
Volvo Construction Equipment to Build New Crawler Excavator Plant in Sweden
Volvo Construction Equipment has announced plans to establish a new crawler excavator assembly plant in Eskilstuna, Sweden, as part of its strategy to strengthen its position in the excavator segment across Europe. The 30,000 square meter facility represents a 700 million SEK investment and will be capable of producing up to 3,500 machines annually. The… Continue reading Volvo Construction Equipment to Build New Crawler Excavator Plant in Sweden
Odysse Electric Partners with Shriram Green Finance for EV Two-Wheeler Financing
Odysse Electric Vehicles has entered into a strategic partnership with Shriram Green Finance Limited to provide financing solutions for electric two-wheelers, the companies announced on Monday. The memorandum of understanding between the premium electric vehicle manufacturer and the financing company will enable customers including everyday riders, small business owners, delivery executives, and families to access… Continue reading Odysse Electric Partners with Shriram Green Finance for EV Two-Wheeler Financing
Varroc Engineering Secures Major High Voltage Electronics Contract with EV Manufacturer
Varroc Engineering Limited has announced a significant contract win with an electric vehicle manufacturer to supply high voltage electronics for e-powertrain components, marking a strategic expansion in the electric mobility sector. The Pune-based automotive supplier will deliver a comprehensive range of high voltage electronics, including power electronics units, inverters, onboard chargers, battery management systems, and… Continue reading Varroc Engineering Secures Major High Voltage Electronics Contract with EV Manufacturer
iRasus Technologies and Jouletap Partnership Delivers Battery Performance Gains
iRasus Technologies has completed a year of collaboration with Jouletap, a lithium battery solutions provider for electric vehicles, yielding improvements in battery performance and operational efficiency through its Preksha analytics platform. The partnership, which began in November 2023, has focused on applying artificial intelligence to battery management challenges facing India’s expanding electric vehicle sector. Jouletap,… Continue reading iRasus Technologies and Jouletap Partnership Delivers Battery Performance Gains
Sonalika Unveils CNG/CBG Tractor at Agrovision 2025
Sonalika Tractors displayed its first CNG/CBG-powered tractor at the 16th Agrovision 2025 summit on Sunday, marking the company’s entry into alternative fuel farm equipment. The unveiling took place in the presence of Union Minister for Road Transport and Highways Nitin Gadkari and Union Minister of Agriculture and Farmers Welfare Shivraj Singh Chouhan. The tractor is… Continue reading Sonalika Unveils CNG/CBG Tractor at Agrovision 2025