The Maharashtra government has asked Hyundai Motors, which has purchased the GM India plant, to consider absorbing some of the striking workers when it aims to begin operations in 2025. It has also recommended that General Motors increase the severance package offered so that workers who wish to leave are rewarded “handsomely.” Eknath Shinde, the Chief… Continue reading Maharashtra government asks GM to increase severance pay for striking workers, Hyundai Motors to absorb workforce
Author: Autocar_Professional India Online News
UVeye to automate vehicle inspection tasks with AI for Amazon
UVeye, a pioneer in the development of automated vehicle inspection systems, and Amazon have announced the deployment of AVI (Automated Vehicle Inspection), an AI-powered system that automates most of the daily inspection process of delivery vehicles. AVI scans for and detects automotive issues, improving fleet maintenance and reducing downtime for Delivery Service Partners (DSPs), as… Continue reading UVeye to automate vehicle inspection tasks with AI for Amazon
Gestamp and Tata Steel UK partner to double recycled automotive steel content
Tata Steel, the largest steelmaker in the UK and Tier 1 automotive supplier Gestamp, have signed an agreement aimed at nearly doubling the percentage of recycled steel in the components they supply to the automotive sector, as the two companies work to increase the circularity of steel in the automotive supply chain. Tata Steel’s automotive… Continue reading Gestamp and Tata Steel UK partner to double recycled automotive steel content
Alcoa recognised for alloy innovation as ‘megacasting’ trend grows
As auto manufacturers continue to look for ways to streamline and simplify production processes, ‘megacastings’, where dozens or even hundreds of small parts are consolidated into one solid casting, are becoming increasingly important in the electric vehicle (EV) sector. Alcoa has developed alloys for high-pressure die-casting applications, including megacastings process (sometimes known as gigacasting), including… Continue reading Alcoa recognised for alloy innovation as ‘megacasting’ trend grows
Eberspaecher JV sets up exhaust systems plant in Thailand
Purem AAPICO, the joint venture by Eberspaecher and AAPICO Hitech, has had the official opening of its new plant in Rayong, Thailand earlier this month. The production site, located 100km, southeast of Bangkok, will deliver exhaust systems for a pick-up truck of a leading US automotive manufacturer. The new plant stretches over 3,000 square metres… Continue reading Eberspaecher JV sets up exhaust systems plant in Thailand
Bajaj Auto plans to ramp up production of new Triumph bike starting Q4 FY24
Leading automaker Bajaj Auto has drawn up a strategy to augment the production capacity of its first premium offering, Triumph, to 10,000 units per month by the end of this financial year. The initial planned capacity for Triumph at the new Chakan plant was 5,000 units per month. According to Rakesh Sharma, the executive director… Continue reading Bajaj Auto plans to ramp up production of new Triumph bike starting Q4 FY24
Bajaj Auto plans to ramp up production of new Triumph bike starting Q4 FY24
Leading automaker Bajaj Auto has drawn up a strategy to augment the production capacity of its first premium offering, Triumph, to 10,000 units per month by the end of this financial year. The initial planned capacity for Triumph at the new Chakan plant was 5,000 units per month. According to Rakesh Sharma, the executive director… Continue reading Bajaj Auto plans to ramp up production of new Triumph bike starting Q4 FY24
Bajaj aims to grab EV three wheeler leadership from M&M, plans to sell across 250 cities by FY25
Bajaj Auto, the country’s largest three-wheeler maker, which has entered the electric three-wheeler market with a measured approach, is planning to aggressively expand and grab the leadership from Mahindra & Mahindra in the zero-emission three-wheeler space. Speaking post the Q2 FY24 earnings call, Rakesh Sharma, ED of Bajaj Auto told Autocar Professional, that the entry… Continue reading Bajaj aims to grab EV three wheeler leadership from M&M, plans to sell across 250 cities by FY25
Bajaj aims to grab EV three wheeler leadership from M&M, plans to sell across 250 cities by FY25
Bajaj Auto, the country’s largest three-wheeler maker, which has entered the electric three-wheeler market with a measured approach, is planning to aggressively expand and grab the leadership from Mahindra & Mahindra in the zero-emission three-wheeler space. Speaking post the Q2 FY24 earnings call, Rakesh Sharma, ED of Bajaj Auto told Autocar Professional, that the entry… Continue reading Bajaj aims to grab EV three wheeler leadership from M&M, plans to sell across 250 cities by FY25
Electric two wheeler market has started to consolidate in favour of larger players, says Bajaj Auto’s Rakesh Sharma
Post the reduction of FAME subsidies, the electric two wheeler market has started to consolidate in favour of larger players, says Rakesh Sharma, ED of Bajaj Auto. Speaking to media post the Q2 FY24 earnings call, Sharma explained that earlier top five two-wheeler makers accounted for 50 percent of industry volumes, today about 75 percent… Continue reading Electric two wheeler market has started to consolidate in favour of larger players, says Bajaj Auto’s Rakesh Sharma