Autocar_Professional India Online News – Page 1274

Hyundai and Kia unveil universal wheel drive system for EVs

Hyundai Motor Company and Kia Corporation have unveiled the Universal Wheel Drive System — called ‘Uni Wheel’ — at ‘Uni Wheel Tech Day’ in Seoul, Korea. This paradigm-shifting vehicle drive system aims to revolutionise the design of future mobility devices. Uni Wheel is a functionally integrated wheel drive system that dramatically improves available space inside… Continue reading Hyundai and Kia unveil universal wheel drive system for EVs

Hyundai and Kia unveil universal wheel drive system for EVs

GM sees US$ 9.3 billion hit from labor deals, outlines US$ 10 billion stock buyback: Report

General Motors said on Wednesday its new labor deals following a lengthy U.S. strike will cost it US$ 9.3 billion even as it outlined US$ 10 billion in share buybacks, a 33% dividend increase and reduced spending at its robotaxi unit Cruise, Reuters reported. The buyback is the equivalent at Tuesday’s closing price to nearly… Continue reading GM sees US$ 9.3 billion hit from labor deals, outlines US$ 10 billion stock buyback: Report

GM sees US$ 9.3 billion hit from labor deals, outlines US$ 10 billion stock buyback: Report

Transition to BEV not a choice, an imperative, Tata Motors on course for 50% penetration by 2030, says Shailesh Chandra

The long-term story of Battery Electric Vehicle is not a choice, it is an imperative – says Shailesh Chandra, MD of Tata Passenger Electric Mobility, as all the nations have signed up for net carbon zero, and hence, “there is no choice, it is only a matter of how fast transition is going to happen.”… Continue reading Transition to BEV not a choice, an imperative, Tata Motors on course for 50% penetration by 2030, says Shailesh Chandra

Exports key to building scale and bring down cost for EVs for Stellantis, says Deputy MD, Aditya Jairaj

Stellantis – Europe’s second biggest automaker which has leveraged India as a key export hub for internal combustion engine parts, sees the base playing a critical role for exports of EVs. Speaking at the Autocar Professional’s India EV Conclave in Chennai in partnership with the Tamil Nadu government, Aditya Jairaj, Deputy MD of Stellantis India… Continue reading Exports key to building scale and bring down cost for EVs for Stellantis, says Deputy MD, Aditya Jairaj

Tata Power reports surge in e-bus and four-wheeler fleet charging segments in 8 months of FY24

Tata Power, India’s largest integrated power company, has reported impressive growth in its e-bus and four-wheeler fleet segments during the first eight months of FY24. The company witnessed a remarkable 100% increase in the e-bus charging stations and a significant 60% growth in the e-four-wheeler fleet charging segment. These results were shared with investors on… Continue reading Tata Power reports surge in e-bus and four-wheeler fleet charging segments in 8 months of FY24

Tata Power reports surge in e-bus and four-wheeler fleet charging segments in 8 months of FY24

Tata Technologies to list on bourses tomorrow

Tata Technologies is set to be listed on the bourses tomorrow (30 November), in what is the first Tata Group IPO in nearly two decades. Tata Technologies set the IPO price band at Rs 475-500. Tata Consultancy Services was the group’s last IPO in 2004. Tata Technologies, a subsidiary of Tata Motors, is a leading… Continue reading Tata Technologies to list on bourses tomorrow

EV transition is a marathon, Govt support needed for a decade – Balbir Dhillon, Head, Audi India

Balbir Dhillon, the head of Audi India has urged the government of India to extend import duty support for electric vehicles in order to popularise the zero-emission alternative. Speaking at the Autocar Professional’s India EV Conclave in partnership with the Tamil Nadu government, Dhillon said the government support should “continue for at least a decade”… Continue reading EV transition is a marathon, Govt support needed for a decade – Balbir Dhillon, Head, Audi India