Autocar_Professional India Online News – Page 1292

Tata Power expands EV charging ecosystem, ties up with Zoomcar car sharing platform

Tata Power EV Charging Solutions, a Tata Power group company and Zoomcar, the car sharing platform, have entered into a Memorandum of Understanding (MoU) to promote widespread electric vehicle adoption and deliver a user-friendly charging experience to EV users across India. The MoU was signed between Tata Power EV Charging Solutions (TPEVCSL) and Zoomcar in… Continue reading Tata Power expands EV charging ecosystem, ties up with Zoomcar car sharing platform

Continental optimises manufacturing at Czech plant with private 5G network

Technology company Continental has launched its first private 5G network among its European manufacturing sites at its display solutions plant in Brandýs nad Labem, in the Czech Republic. The 5G network, specifically set up to fit Continental’s requirements for high-tech production, from Czechia’s T-Mobile is expected to further advance the digitalisation of production by speeding up… Continue reading Continental optimises manufacturing at Czech plant with private 5G network

Volkswagen Group reorganises semiconductor procurement to future-proof supplies, enhance competitiveness

The Volkswagen Group is reorganising its procurement of electronic parts and semiconductors to ensure supply over the long term and, in doing so, securing itself a leading position in terms of technology as well as competitiveness. To this end, the Group has developed a new strategy for the procurement of parts with electronic components. “A… Continue reading Volkswagen Group reorganises semiconductor procurement to future-proof supplies, enhance competitiveness

M&A driven deals to add Rs 12,000 crore to Motherson Sumi’s biz, topline may cross Rs 1 lakh crore by FY25

In a bid to achieve its aspirational goal of ‘Vision 2025’, auto component major Samvardhana Motherson (SAMIL) has signed seven acquisition deals since April 2023, which are expected to add Rs 12,000 crore to its revenue by the financial year (FY) 2024–25, senior company executives said. The company’s revenues increased 23 percent to Rs 78,701… Continue reading M&A driven deals to add Rs 12,000 crore to Motherson Sumi’s biz, topline may cross Rs 1 lakh crore by FY25

Assam and Tripura rank in the top three states in terms of EV penetration

As the shift towards electric vehicles gains momentum in India, the North Eastern states of Assam and Tripura have seen the second and third-highest penetration rates in the country for zero-emission vehicles after the national capital New Delhi. As against the national average of 0.8 percent EV penetration, Assam and Tripura have a penetration rate… Continue reading Assam and Tripura rank in the top three states in terms of EV penetration

TVS eyes 40% share from EVs by 2025, aims to strengthen global play with new TVS X

TVS Motor Company, which has unveiled its flagship electric scooter – TVS X – aims a global play with this high-on-technology product which has seen significant efforts from its in-house R&D teams which have contributed to the development of the electronic and software architecture of the electric scooter. The company has invested Rs 250 crore… Continue reading TVS eyes 40% share from EVs by 2025, aims to strengthen global play with new TVS X

TVS X launched at Rs 2.5 lakh as company’s flagship e-scooter

TVS Motor Company unveiled its latest electric two-wheeler – TVS X – aimed at the Gen-Z buyers, at a mega global event held in Dubai on August 23. The company launched the product at a price of Rs 2.5 lakh, ex-showroom, without any subsidies into consideration. The company is targeting the X – a born-electric… Continue reading TVS X launched at Rs 2.5 lakh as company’s flagship e-scooter

Room for hybrids to gain stronger footing, says Toyota Kirloskar’s Vikram Gulati

Most carmakers in the country have deliberately skipped the hybrid route and jumped onto the EV bandwagon, but Japanese brands like Maruti Suzuki, Toyota and Honda have worked at democratising hybrids in India. EVs comprise just 2-3 percent of the total passenger vehicle market, let alone the fact that the charging infrastructure around it is still underdeveloped. So, with ICE… Continue reading Room for hybrids to gain stronger footing, says Toyota Kirloskar’s Vikram Gulati

Over 70 GWh of battery waste to reach recycling firms by 2030: CII report

India could have a significant battery waste problem on its hands, according to a new report from Confederation of Indian Industry (CII). A report on ‘Battery Manufacturing & its Ecosystem’ released by the Confederation of Indian Industry (CII), has said that an estimated 72 to 81 GWh of waste batteries (around 447,000 to 517,000 tons) would reach… Continue reading Over 70 GWh of battery waste to reach recycling firms by 2030: CII report