Autocar_Professional India Online News – Page 1177

Gogoro first foreign two-wheeler OEM and Battery Swapping provider to be recognised by SIDBI

Gogoro has been recognised by the Small Industries Development Bank of India (SIDBI) as an empanelled OEM making its registered vehicles eligible for SIDBI’s EV financing programs. This initiative makes Gogoro the first global electric two-wheel OEM and the first battery-swapping player to qualify for empanelment with SIDBI. Through this initiative, Gogoro aims to facilitate… Continue reading Gogoro first foreign two-wheeler OEM and Battery Swapping provider to be recognised by SIDBI

Antolin revenues up 10% to 3,220 million euros in first nine months of 2023

Leading vehile interiors manufacturer Antolin has reported revenues of 3,533 million euros in the first nine months of 2023, up 10% compared to €3,220 million in the same period last year (+10%). Between January and September, Antolin achieved 249 million euros in EBITDA which represents growth standing at 12%, accomplished in part by the efficiency… Continue reading Antolin revenues up 10% to 3,220 million euros in first nine months of 2023

A1-driven predictive maintenance helps BMW Regensburg plant function optimally

Preventing unplanned stoppages before they can occur is the aim of the smart analysis system being used in assembly at BMW Group Plant Regensburg. Predictive maintenance is proactive and preventive, which is precisely what the smart monitoring system offers. Data-driven analyses of conveying equipment allows potential faults to be identified early and avoided – thereby… Continue reading A1-driven predictive maintenance helps BMW Regensburg plant function optimally

Mass market EV and ICE vehicles will come at same price in 12-18 months, says Shailesh Chandra

With battery costs hitting a magical $100 kilowatt per hour level, there is potential to see a mass-market electric car with a 250 km real range at a similar price level as an internal combustion engine (ICE) vehicle within 18 months, says Shailesh Chandra, MD of Tata Passenger Electric Mobility. Speaking at Autocar Professional’s India… Continue reading Mass market EV and ICE vehicles will come at same price in 12-18 months, says Shailesh Chandra

Kia Sonet sales in India and exports cross 350,000 units

On September 20, 2023, the Kia Sonet turned three years old. A month later, Kia India’s first compact SUV surpassed combined sales of 350,000 units in the domestic and exports market. As of end-October 2023, the made-in-India Sonet had a total sales tally of 360,663 units – 277,236 units in India and 83,427 units exported… Continue reading Kia Sonet sales in India and exports cross 350,000 units

Tata AutoComp Systems developing high-voltage EV components for global markets

Indian Tier-1 major Tata AutoComp Systems (TACO), which is part of the Tata Group, has begun developing high-voltage EV components that are going to be suitable for electric passenger vehicles that will be introduced in overseas markets such as Europe and America, which are the demand centres for high-performance EVs. According to Ravi Chidambar, CEO,… Continue reading Tata AutoComp Systems developing high-voltage EV components for global markets

Tata AutoComp Systems developing high-voltage EV components for global markets

Toyota Group to sell US$ 4.7 billion sale of Denso stake: Report

Toyota Motor and two affiliates plan to sell about 10 percent of components maker Denso by year-end, a stake likely worth aboutUS US$ 4.7 billion, news agencies have reported. The sale of shares in Denso comes as the world’s top selling automaker looks to ramp up production of fully electric vehicles, which is a capital-intensive… Continue reading Toyota Group to sell US$ 4.7 billion sale of Denso stake: Report