The Indian automotive component industry, in tandem with vehicle manufacturers, is benefitting from the growing demand for electric vehicles (EVs) in India and also overseas. Tata Prestolite Electric has announced that it has registered cumualtive sales of 100,000 electric drives and counting. In January 2020, Tata AutoComp, which provides products and services to the Indian… Continue reading Tata AutoComp Prestolite Electric rides demand for EVs, sells over 100,000 e-drives
Author: Autocar_Professional India Online News
Hyundai Motor Group’s share of UK car market share grows to 11%
Hyundai Motor Group is accelerating sales growth in the UK, the second largest country in terms of new car demand in Europe. In the first 10 months of CY2023, the Korean carmaker has achieved its best performance of the year in the UK yet, with eco-friendly cars at the forefront of its sales. According to… Continue reading Hyundai Motor Group’s share of UK car market share grows to 11%
Isuzu Motors India inaugurates new 3S dealership in Trichy, Tamil Nadu
Isuzu Motors India, a subsidiary of Isuzu Motors Limited, Japan, inaugurated the new 3S (Sales, Service & Spares) dealership of Kaveri ISUZU in Trichy, the key industrial and agricultural hub in Tamil Nadu. The new dealership facilities are conveniently located on Thiruvanaikoil, Chennai Bye Pass Road, near Kollidam bridge in Trichy. The officials also handed… Continue reading Isuzu Motors India inaugurates new 3S dealership in Trichy, Tamil Nadu
MSIL minority shareholders give a thumbs-up to the acquisition of SMG
With close to 99% votes in favour, minority shareholders give a thumbs-up to Maruti Suzuki forthe acquisition of Suzuki Motor Gujarat. Maruti Suzuki India Limited (MSIL) minority shareholders today voted to approve the allotment of preference shares to Suzuki Motor Corp for the acquisition of Suzuki Motor Gujarat. MSIL board of directors in October had… Continue reading MSIL minority shareholders give a thumbs-up to the acquisition of SMG
MSIL minority shareholders give a thumbs-up to the acquisition of SMG
With close to 99% votes in favour, minority shareholders give a thumbs-up to Maruti Suzuki forthe acquisition of Suzuki Motor Gujarat. Maruti Suzuki India Limited (MSIL) minority shareholders today voted to approve the allotment of preference shares to Suzuki Motor Corp for the acquisition of Suzuki Motor Gujarat. MSIL board of directors in October had… Continue reading MSIL minority shareholders give a thumbs-up to the acquisition of SMG
TATA AutoComp inaugurates battery energy storage system plant
TATA AutoComp, a leading auto-component conglomerate, inaugurated its manufacturing facility for a Battery Energy Storage System (BESS). The Li-Ion Based BESS will be manufactured under its joint venture Tata AutoComp Gotion Green Energy Solutions. The plant was inaugurated by Dr. Praveer Sinha, CEO and MD, Tata Power and Arvind Goel, Chairman, Tata AutoComp Systems. Tata… Continue reading TATA AutoComp inaugurates battery energy storage system plant
Sibros, CUBONIC partner for last-mile transportation with connected autonomous eLCVs
Connected vehicle technology innovator Sibros and CUBONIC, a pioneering provider of sustainable, customisable automated and autonomous electric light commercial vehicle (eLCV) solutions, have announced a strategic partnership to foster a greener future for last-mile transportation. The collaboration will see Sibros’ profound expertise in connected-vehicle systems with CUBONIC’s eLCV solutions, notably its PeopleMover and CargoMover vehicles,… Continue reading Sibros, CUBONIC partner for last-mile transportation with connected autonomous eLCVs
Sibros, CUBONIC partner for last-mile transportation with connected autonomous eLCVs
Connected vehicle technology innovator Sibros and CUBONIC, a pioneering provider of sustainable, customisable automated and autonomous electric light commercial vehicle (eLCV) solutions, have announced a strategic partnership to foster a greener future for last-mile transportation. The collaboration will see Sibros’ profound expertise in connected-vehicle systems with CUBONIC’s eLCV solutions, notably its PeopleMover and CargoMover vehicles,… Continue reading Sibros, CUBONIC partner for last-mile transportation with connected autonomous eLCVs
‘We want to make India a hub of light electromobility and software solutions’: Anil Kumar M R
The Indian arm of Stuttgart-based SEG Automotive is a technology leader in starter motors, generators, start/stop and mild-hybrid fuel-efficient solutions for three-wheelers, passenger cars, light and heavy commercial vehicles. Its goal has been to enable automakers to shape a sustainable future through improving fuel economy and in turn reducingCO2 emissions. Now, it wants SEG Automotive… Continue reading ‘We want to make India a hub of light electromobility and software solutions’: Anil Kumar M R
GST disparity: why EV battery costs continue to slow down adoption
Recent reports have forecast electric vehicle penetration in India to grow from 1% in 2023 to 10-15% in 2030. This projected growth can be attributed not only to the heightened consumer awareness around sustainable transportation but also to pivotal policy changes and government backing. For example, in 2019, India saw a remarkable surge in EV… Continue reading GST disparity: why EV battery costs continue to slow down adoption