There’s a clear shift the world over in the automotive industry, with the transition to more sustainable powertrain solutions. So far, electric vehicles (EVs) have emerged as the leading alternative to a greener future, but the reality in the Indian context is considerably different when compared with global trends. The common mission is to lower… Continue reading Hybrids hold the edge over EVs in India
Author: Autocar_Professional India Online News
Webinar | Future Disruptions in Automotive Design with Autodesk Studio tools
Automotive design is witnessing a profound transformation on a global scale and the change is being driven by a confluence of factors, such as the transition towards greener vehicles, and the rapid advancement in technology. The rise of electric vehicles (EVs), autonomous driving capabilities, and connectivity features, is compelling designers to reimagine traditional vehicle layouts… Continue reading Webinar | Future Disruptions in Automotive Design with Autodesk Studio tools
Webinar | Future Disruptions in Automotive Design with Autodesk Studio tools
Automotive design is witnessing a profound transformation on a global scale and the change is being driven by a confluence of factors, such as the transition towards greener vehicles, and the rapid advancement in technology. The rise of electric vehicles (EVs), autonomous driving capabilities, and connectivity features, is compelling designers to reimagine traditional vehicle layouts… Continue reading Webinar | Future Disruptions in Automotive Design with Autodesk Studio tools
Tata Motors switches to pure EV architecture with Punch EV
Four years into the launch of its ICE-derived Nexon EV, Tata Motors has switched to its Gen-2 EV architecture, christened ‘Acti.ev’, with the all-new Punch EV, launched on January 17. The company says despite the Punch EV bearing a similar ‘top hat’ as its internal-combustion engine (ICE) counterpart, a lot has changed underneath, in terms… Continue reading Tata Motors switches to pure EV architecture with Punch EV
Daimler Truck and Linde’s sLH2 tech sets new standards for liquid hydrogen refuelling
Daimler Truck and Linde Engineering have reached an important milestone in hydrogen infrastructure on the way to decarbonizing transportation. In recent years, engineers from both companies have worked together to develop sLH2 technology, a new process for handling liquid hydrogen. Compared to gaseous hydrogen, this innovative approach allows for higher storage density, longer range, faster… Continue reading Daimler Truck and Linde’s sLH2 tech sets new standards for liquid hydrogen refuelling
Rane Group announces merger of Rane Brake Lining Ltd. and Rane Engine Valve Ltd. into Rane (Madras)
The Board of Directors of Rane (Madras) Limited (“RML”), Rane Brake Lining Limited (“RBL”) and Rane Engine Valve Limited (“REVL”), at their respective meetings held today, have approved the proposed reorganisation through a scheme of arrangement (“Scheme”) which entails merger of RBL and REVL into RML (“Transaction”). The merger significantly simplifies the group structure by… Continue reading Rane Group announces merger of Rane Brake Lining Ltd. and Rane Engine Valve Ltd. into Rane (Madras)
MRF reports 3-fold increase in third-quarter profit
Indian tyre maker MRF has reported a 3-fold increase in third-quarter profit. It reported a profit of Rs 503.94 crore compared to Rs 161.17 crore in the year ago period. Revenue from operations stood at Rs 6,162.46 crore in Q3 FY24 versus Rs 5,644.55 crore in the year-ago period. The company’s total expenses are Rs 5557.67… Continue reading MRF reports 3-fold increase in third-quarter profit
Hyundai chooses JP Morgan, Citi to bolster USD 3 billion IPO: Report
Hyundai Motor has picked JP Morgan and Citi for its nearly USD 3 billion India IPO, bolstering plans to take its India unit public in the world’s third-biggest auto market, Reuters reported citing persons in the know. The firm plans to file regulatory papers in India by May- June, two of the three sources informed… Continue reading Hyundai chooses JP Morgan, Citi to bolster USD 3 billion IPO: Report
Govt hikes FAME 2 outlay by Rs 1,500 crore; Says scheme sops till March 31
The Ministry of Heavy Industries has enhanced the financial outlay for the second phase of the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicle (FAME) scheme by Rs 1,500 crore to Rs 11,500 crore. The FAME 2 scheme was rolled out in 2019 with an outlay of Rs 10,000 crore for three years ending… Continue reading Govt hikes FAME 2 outlay by Rs 1,500 crore; Says scheme sops till March 31
Govt hikes FAME 2 outlay by Rs 1,500 cr; Says scheme sops till March 31
The Ministry of Heavy Industries has enhanced the financial outlay for the second phase of the Faster Adoption and Manufacturing of (Hybrid and) Electric Vehicle (FAME) scheme by Rs 1,500 crore to Rs 11,500 crore. The FAME 2 scheme was rolled out in 2019 with an outlay of Rs 10,000 crore for three years ending… Continue reading Govt hikes FAME 2 outlay by Rs 1,500 cr; Says scheme sops till March 31