Wardwizard Innovations & Mobility has signed an Memorandum of Understanding (MoU) with BEEAH Group (BG), a sustainable waste management firm co-owned by the Sharjah government in the UAE. This collaboration aims to promote the use of electric vehicles and contribute to environmental improvement across the GCC countries and African nations. As a part of this… Continue reading Wardwizard Innovations inks MoU with BEEAH to sell EVs in GCC, African countries
Author: Autocar_Professional India Online News
Production of Chevrolet Camaro sportscar ends
Chevrolet has announced that the series production of its popular Camaro sportscar has ended. The first Camaro was revealed back in 1967. The sixth-generation Camaro that was unveiled nine years ago, got multiple refreshes along its life cycle and had various powertrain options, all aimed squarely at its arch-rival, the Ford Mustang. The final car… Continue reading Production of Chevrolet Camaro sportscar ends
Tata Motors has three SUVs lined up for launch next year
Tata Motors had a packed schedule in 2023, especially in the second half, and it seems like 2024 will be just as busy. The homegrown carmaker will be adding two EVs to its line-up – one of them sitting in the fiercely competitive midsize SUV segment – and also launch the Altroz facelift. Read on for more details.… Continue reading Tata Motors has three SUVs lined up for launch next year
India Auto Components Inc registers 12.6% growth in H1 FY24, clocks revenues of Rs 2.98 lakh crore
The Indian Auto Components Inc clocked cumulative revenue of Rs 298,487 crore or $36.1 billion in H1 FY24 – April to September 2023 – to register a 12.6 percent year-on-year growth (H1 FY23: Rs 265,099 crore). The sector has been growing at a CAGR of 4.1 percent between FY19 and FY23, with robust domestic vehicle… Continue reading India Auto Components Inc registers 12.6% growth in H1 FY24, clocks revenues of Rs 2.98 lakh crore
India Auto Components Inc registers 12.6% growth in H1 FY24, clocks revenues of Rs 2.98 lakh crore
The Indian Auto Components Inc clocked cumulative revenue of Rs 298,487 crore or $36.1 billion in H1 FY24 – April to September 2023 – to register a 12.6 percent year-on-year growth (H1 FY23: Rs 265,099 crore). The sector has been growing at a CAGR of 4.1 percent between FY19 and FY23, with robust domestic vehicle… Continue reading India Auto Components Inc registers 12.6% growth in H1 FY24, clocks revenues of Rs 2.98 lakh crore
Hyundai to sell its shuttered plant in Russia
Hyundai Motor Co held an extraordinary board meeting on December 19, 2023 and approved the sale of its stake in Hyundai Motor Manufacturing Russia (HMMR) in St. Petersburg, Russia. The Russian plant has been shut down since March last year due to the Russia-Ukraine war. Currently, Hyundai is negotiating with Art-Finance, a local Russian company,… Continue reading Hyundai to sell its shuttered plant in Russia
ZF realigns its shuttle business due to lower-than-expected AD market development
Technology company ZF has changed its business model for the global shuttle business and will now focus on being a leading technology supplier for autonomous driving. The company has decided to no longer pursue the goal of facilitating entire autonomous transportation systems, including shuttles and their fleet management. Instead, the strategic focus and allocation of… Continue reading ZF realigns its shuttle business due to lower-than-expected AD market development
ABB to supply 1,300 robots to Volvo to build next-gen EVs
ABB, a longstanding supplier to Volvo Cars, is to supply more than 1,300 robots and functional packages to help the Swedish car maker build the next generation of electric vehicles and achieve its ambitious sustainability targets. “The automotive industry’s historic transformation, driven by increasing consumer demand for electric vehicles and a desire to operate more… Continue reading ABB to supply 1,300 robots to Volvo to build next-gen EVs
ABB to supply 1,300 robots to Volvo to build next-gen EVs
ABB, a longstanding supplier to Volvo Cars, is to supply more than 1,300 robots and functional packages to help the Swedish car maker build the next generation of electric vehicles and achieve its ambitious sustainability targets. “The automotive industry’s historic transformation, driven by increasing consumer demand for electric vehicles and a desire to operate more… Continue reading ABB to supply 1,300 robots to Volvo to build next-gen EVs
Iveco Bus wins 120-million-euro order for 153 electric buses from Milan city
Iveco Bus, the urban, intercity and tourist bus brand of Iveco Group, has signed a contract to supply 153 new electric buses to Azienda Trasporti Milanesi (ATM), Milan’s public transport company, marking a major milestone in the city’s transition to sustainable mobility. The contract, worth more than 120 million euros, is part of ATM’s strategic… Continue reading Iveco Bus wins 120-million-euro order for 153 electric buses from Milan city