Autocar_Professional India Online News – Page 1245

Lithium reserves in Jammu and Kashmir yield pure battery-grade lithium carbonate

India’s electric vehicle (EV) industry is on the verge of a groundbreaking transformation, as the highly anticipated discovery of 5.9 million metric tonnes of inferred lithium reserves in Jammu and Kashmir finally comes to fruition. Initial samples extracted from these reserves have yielded pure battery-grade lithium carbonate, signalling a potential revolution in the country’s EV… Continue reading Lithium reserves in Jammu and Kashmir yield pure battery-grade lithium carbonate

Lithium reserves in Jammu and Kashmir yield pure battery-grade lithium carbonate

Nippon Paint India targets Rs 100 crore business from the Middle East by 2025

Nippon Paint Middle East, which is a wholly-owned subsidiary of Nippon Paint India, aims to clock Rs 100 crore in revenue by end-2025 as it increases its market share in the region’s aftermarket and diversifies into newer product categories to cater to more market segments beyond automotive. The company which participated in the Automechanika Dubai… Continue reading Nippon Paint India targets Rs 100 crore business from the Middle East by 2025

LG Energy and Toyota ink lithium-ion battery module supply pact for US market

LG Energy Solution and Toyota Motor North America have announced that they have signed a supply agreement for lithium-ion battery modules to be used in Toyota battery electric vehicles (BEVs) that will be assembled in the United States. Under the contract, LG Energy Solution will supply automotive battery modules at an annual capacity of 20GWh… Continue reading LG Energy and Toyota ink lithium-ion battery module supply pact for US market

LG Energy and Toyota ink lithium-ion battery module supply pact for US market

Hyundai sells 3.12m units globally in first 9 months of 2023, India share rises to 14.5%

Hyundai Motor Company has reported global sales of 357,151 units in September 2023, which makes for flat sales (September 2022: 357,555 units) and 0.1% year-over-year decrease. In September, sales numbers outside Korea increased by 0.9% with 303,240 units. According to the Korean carmaker, “The gradual recovery from the global parts shortage and production stabilization has… Continue reading Hyundai sells 3.12m units globally in first 9 months of 2023, India share rises to 14.5%

Hero MotoCorp receives 13,688 bookings for Karizma XMR, deliveries to commence from this month

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has received 13,688 bookings for its newly launched flagship motorcycle, Karizma XMR. Dispatches of Karizma XMR to Hero MotoCorp dealerships have already started and customer deliveries will begin in the festive period this month. The Karizma XMR was launched at an introductory price of Rs 1.73 lakh… Continue reading Hero MotoCorp receives 13,688 bookings for Karizma XMR, deliveries to commence from this month

Reliance New Energy to set up 20,000 solar powered swappable battery stations

As part of its US $10 billion investment in the clean energy space, Reliance Industries’ subsidiary Reliance New Energy has defined a plan to install 20,000 battery swapping stations across its 18,000 retail outlets and 2000 Jio BP centres in the coming years. The aim is to replicate the success of the oil and gas… Continue reading Reliance New Energy to set up 20,000 solar powered swappable battery stations

Kia trademarks EV1 to EV9 born EVs in India

Kia has trademarked as many as eight new electric vehicles in India – the range starts with the EV1, and goes all the way up to the EV9. The EV9 is Kia’s flagship electric model, and we already know its slated to arrive in India sometime next year, but while there’s no confirmation on the others, trademarking the names suggests… Continue reading Kia trademarks EV1 to EV9 born EVs in India