Stellantis hosts Factory Booster Day to solve production challenges through innovation

Stellantis organised its annual Factory Booster Day on November 8 to encourage its production professionals across the world to audition solutions to challenges identified by manufacturing plants. An element of the Stellantis Production Way, smart manufacturing is powered by an Open Challenge process: the company invites suppliers and startups to demonstrate solutions that will help… Continue reading Stellantis hosts Factory Booster Day to solve production challenges through innovation

Audi begins production of electric motors at Hungarian plant

Audi has commenced manufacture of electric motors for its Premium Platform Electric (PPE) in the Hungarian city of Gyor. The newly developed electric motors will be used for the first time in the Audi Q6 e-tron series. Production of the first fully electric Audi model is scheduled to start at the Ingolstadt headquarters at the end of… Continue reading Audi begins production of electric motors at Hungarian plant

Ultraviolette launches International-spec F77 for European Markets at EICMA 2023

Ultraviolette Automotive has taken the wraps off the updated F99 electric factory racing platform, which was earlier shown at the Indian Auto Expo. There have been a bunch of changes here now including a liquid-cooled powertrain, active aerodynamics and much more.  F99 racing platform This platform has been two years in the making and the… Continue reading Ultraviolette launches International-spec F77 for European Markets at EICMA 2023

Ultraviolette launches International-spec F77 for European Markets at EICMA 2023

Ultraviolette Automotive has taken the wraps off the updated F99 electric factory racing platform, which was earlier shown at the Indian Auto Expo. There have been a bunch of changes here now including a liquid-cooled powertrain, active aerodynamics and much more.  F99 racing platform This platform has been two years in the making and the… Continue reading Ultraviolette launches International-spec F77 for European Markets at EICMA 2023

Amazon India launches EV lease program for its last-mile delivery partners 

Online retailer Amazon has launched its global last-mile fleet program in India with 100% electric vehicles (EVs), a global first for the company. The program enables Delivery Service Partners (DSPs) to lease a fleet of tailored three-wheeler EVs through a fleet management company. DSPs will get access to zero emission electric vehicles that are safe… Continue reading Amazon India launches EV lease program for its last-mile delivery partners 

Amazon India launches EV lease program for its last-mile delivery partners 

Online retailer Amazon has launched its global last-mile fleet program in India with 100% electric vehicles (EVs), a global first for the company. The program enables Delivery Service Partners (DSPs) to lease a fleet of tailored three-wheeler EVs through a fleet management company. DSPs will get access to zero emission electric vehicles that are safe… Continue reading Amazon India launches EV lease program for its last-mile delivery partners 

Piyush Goyal to meet Elon Musk against backdrop of market entry discussions: Report 

Talks between the Tesla CEO and Piyush Goyal will centre on Tesla’s plans to establish a factory, manufacturing a $24,000 car here, besides sourcing components and setting up charging infrastructure pan India, one of the two persons in the know informed the newswire.  In what is expected to be the most high profile meeting since Elon… Continue reading Piyush Goyal to meet Elon Musk against backdrop of market entry discussions: Report 

Piyush Goyal to meet Elon Musk against backdrop of market entry discussions: Report 

Talks between the Tesla CEO and Piyush Goyal will centre on Tesla’s plans to establish a factory, manufacturing a $24,000 car here, besides sourcing components and setting up charging infrastructure pan India, one of the two persons in the know informed the newswire.  In what is expected to be the most high profile meeting since Elon… Continue reading Piyush Goyal to meet Elon Musk against backdrop of market entry discussions: Report 

Apollo Tyres shifts focus to larger tyre sizes in response to SUV demand

Apollo Tyres, a prominent tyre supplier in the automotive sector, is strategically redirecting its attention towards tyre sizes of 14 inches and above. This decision is a direct response to the surging demand for sports utility vehicles (SUVs), which has led to a noticeable shift in the market’s preference for larger-sized tyres.  The shift in… Continue reading Apollo Tyres shifts focus to larger tyre sizes in response to SUV demand

SKF India Q2 FY23-24 net profit down 43%

SKF India, a supplier of bearings to automotive and other sectors, reported a net profit of Rs 899.7 crore during Q2 FY24, translating into a 43% slide against Rs 1558.3 crore registered in Q2 FY23. The operating revenues, on the other hand, improved moderately by 4% to Rs 1,125.2 crore during Q2 FY24 as compared to Rs 1,078.3 crore… Continue reading SKF India Q2 FY23-24 net profit down 43%