Autocar_Professional India Online News – Page 1198

EV sales soar to 139,000 units in October and 1.23 million in first 10 months of 2023

India’s electric vehicle growth story continued its charge in the festive month of October and should repeat, if not better, the same performance in November which has Diwali bang in the middle. Total EV industry retails for October, as per the Vahan website (at 5 am on November 4, 2023) were 139,311 units, up 19%… Continue reading EV sales soar to 139,000 units in October and 1.23 million in first 10 months of 2023

Sundram Fasteners Q2 profit stood at Rs 117.93 crore

Sundram Fasteners Limited (SFL’s) net profit for the quarter ended September 30, 2023 stood at Rs 117.93 crores as against Rs 111.75 crores during the previous year. Revenue from operations was at Rs 1,234.31 crores for the quarter ended September 30, 2023 as against Rs 1,218.19 crores during the same period in the previous year. Company’s domestic… Continue reading Sundram Fasteners Q2 profit stood at Rs 117.93 crore

Tata Motors to modify Ford’s Sanand plant to produce Avinya-based EVs

Tata Motors, which, with its EV arm – Tata Passenger Electric Mobility (TPEM) – has signed an MoU with Jaguar Land Rover to leverage the latter’s EMA or Electric Modular Architecture born-electric platform to underpin a series of its upcoming EVs based on the Avinya EV concept, will manufacture these premium all-electric models at Sanand, Gujarat. The… Continue reading Tata Motors to modify Ford’s Sanand plant to produce Avinya-based EVs

Escorts Kubota Q2 results: Net profit rises two-fold to Rs 223 crore

Escorts Kubota on Friday said its consolidated net profit rose over two-fold to Rs 223 crore for the second quarter ended September, driven by brisk sales in the construction and railway equipment segments. The company had reported a net profit of Rs 99 crore in the July-September period of the last fiscal. The total income… Continue reading Escorts Kubota Q2 results: Net profit rises two-fold to Rs 223 crore

JLR CEO apologises for parts delays as 5000 cars await repair

Jaguar Land Rover (JLR) CEO Adrian Mardell said the firm is “really unhappy” about delays at its new parts logistics hub in Leicestershire, which have left thousands of cars in the UK off the road. Speaking to journalists as JLR detailed its financial performance in the previous quarter, Mardell spoke candidly about the challenges that… Continue reading JLR CEO apologises for parts delays as 5000 cars await repair

JLR CEO apologises for parts delays as 5000 cars await repair

BorgWarner to supply bi-directional 800-Volt onboard charger to North American OEM

BorgWarner has clinched an agreement with a major North American OEM to supply its bi-directional 800V Onboard Charger (OBC) for the automaker’s premium passenger vehicle battery electric vehicle (BEV) platforms. The technology leverages silicon carbide (SiC) power switches for improved efficiency and delivers amplified power density, power conversion, and safety compliance. The start of production… Continue reading BorgWarner to supply bi-directional 800-Volt onboard charger to North American OEM

Altigreen partners with Bolt.Earth to deploy 5,000 charging points

Altigreen has announced a partnership with Bolt.Earth, a provider of charging infrastructure to conquer range anxiety among users of electric three-wheelers by co-deploying 100 3.3 kW affordable charging points during the first month, and over 5,000 charging points during the next 3 years. India has witnessed a recent rise in demand for electric three-wheelers in… Continue reading Altigreen partners with Bolt.Earth to deploy 5,000 charging points