General Motors and Komatsu will co-develop a hydrogen fuel cell power module for Komatsu’s 930E electric drive mining truck, the world’s best-selling ultra-class haul truck. GM, a leader in hydrogen fuel cell technology, and Komatsu, a global manufacturer of mining and construction equipment, will jointly design and validate the technology. Lightweight and quick to refuel,… Continue reading GM and Komatsu collaborate on hydrogen fuel cell-powered mining truck
Author: Autocar_Professional India Online News
Kia to launch its global PBV business at CES 2024 in Las Vegas
Kia’s PBV exhibition will feature five concept models, including its first PBV scheduled for mass production starting 2025, a range of Kia-exclusive PBV technology, and a PBV-dedicated presentation and demonstration Kia has today announced it will redefine the term PBV as ‘Platform Beyond Vehicle’ and officially launch its global PBV business at CES 2024 in… Continue reading Kia to launch its global PBV business at CES 2024 in Las Vegas
M&M and external partners to invest Rs 875 crore in Classic Legends
Classic Legends, the premium two wheeler division of Mahindra & Mahindra, plans to invest Rs 875 crore over the next 2- 3 years to fund its future growth. The funding for the same will be done through internal accruals by and funds raised from external investors. In a stock exchange announcement, Mahindra & Mahindra, which… Continue reading M&M and external partners to invest Rs 875 crore in Classic Legends
Castrol POWER1 Presents India’s ULTIMATE Motostar on MTV
Castrol POWER1, leading performance lubricant brand, has partnered with Viacom18, Rajni Academy for Competitive Racing (RACR), and LCR Honda to launch ‘Castrol POWER1 presents India’s ULTIMATE Motostar on MTV.’ This initiative aims to discover India’s top motorcycling talent and nurture their passion for moto-racing. Aspiring racers can register for the competition through the microsite and… Continue reading Castrol POWER1 Presents India’s ULTIMATE Motostar on MTV
Lucid Group CFO Sherry House resigns; Gagan Dhingra named Interim CFO
Lucid Group announced today that Sherry House, Chief Financial Officer (CFO), has resigned from her position, effective immediately, to pursue other opportunities. House will continue in an advisory role until December 31, 2023, to aid in the transition of her responsibilities. Gagan Dhingra, Lucid’s current Vice President of Accounting and Principal Accounting Officer, will assume… Continue reading Lucid Group CFO Sherry House resigns; Gagan Dhingra named Interim CFO
Lucid Group CFO Sherry House resigns; Gagan Dhingra named Interim CFO
Lucid Group announced today that Sherry House, Chief Financial Officer (CFO), has resigned from her position, effective immediately, to pursue other opportunities. House will continue in an advisory role until December 31, 2023, to aid in the transition of her responsibilities. Gagan Dhingra, Lucid’s current Vice President of Accounting and Principal Accounting Officer, will assume… Continue reading Lucid Group CFO Sherry House resigns; Gagan Dhingra named Interim CFO
Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report
Renault is set to offload approximately 5% of its stake in Nissan Motor as part of a share buyback initiative by the Japanese automaker. The stake sale, valued at around 765 million euros (Rs 6,722 crore), is expected to incur a capital loss of Euro 1.5 billion (Rs 13,182 crore), Bloomberg reported on Tuesday. This… Continue reading Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report
Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report
Renault is set to offload approximately 5% of its stake in Nissan Motor as part of a share buyback initiative by the Japanese automaker. The stake sale, valued at around 765 million euros (Rs 6,722 crore), is expected to incur a capital loss of Euro 1.5 billion (Rs 13,182 crore), Bloomberg reported on Tuesday. This… Continue reading Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report
Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report
Renault is set to offload approximately 5% of its stake in Nissan Motor as part of a share buyback initiative by the Japanese automaker. The stake sale, valued at around 765 million euros (Rs 6,722 crore), is expected to incur a capital loss of Euro 1.5 billion (Rs 13,182 crore), Bloomberg reported on Tuesday. This… Continue reading Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report
Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report
Renault is set to offload approximately 5% of its stake in Nissan Motor as part of a share buyback initiative by the Japanese automaker. The stake sale, valued at around 765 million euros (Rs 6,722 crore), is expected to incur a capital loss of Euro 1.5 billion (Rs 13,182 crore), Bloomberg reported on Tuesday. This… Continue reading Renault to sell 5% stake in Nissan at a Euro 1.5 billion loss: Report