The fifth edition of the ACMA Automechanika New Delhi aftermarket trade fair, the first physical event after the Covid-19 pandemic, is to be held from February 1-3, 2024 and has confirmed participation from over 500 exhibitors from 12 countries across 25,000 square metres at Pragati Maidan. The three-day exhibition, organised by Frankfurt Trade Fairs India… Continue reading ACMA Automechanika New Delhi 2024 draws over 500 exhibitors from 12 countries
Author: Autocar_Professional India Online News
Hyundai and Kia global sales benefit from India’s booming car and SUV market in 2023
With the Indian passenger vehicle market firing on all cylinders in CY2023 with estimated total sales of 4.11 million units, up 5.65% on CY2022’s record 3.89 million units, all the top carmakers in the country have recorded best-ever annual sales including the Hyundai Motor Group’s Indian vehicle manufacturing businesses in the form of Hyundai Motor… Continue reading Hyundai and Kia global sales benefit from India’s booming car and SUV market in 2023
Target for 50 percent export share: Piyush Goyal tells automakers
At a time when global automakers are looking beyond China towards India for a reliable and best cost base, the Minister of Commerce and Industry Piyush Goyal said the Indian auto industry should target to increase their share of exports to at least 50 percent.Speaking at an event in the National Capital on Friday to… Continue reading Target for 50 percent export share: Piyush Goyal tells automakers
‘Tesla in pipeline’, says Gujarat industry minister ahead of Vibrant Gujarat Summit: ANI
Gujarat’s industry minister Balvantsingh Rajput categorically noted today that high level talks were on for viable investment from Tesla, ANI reported. “I want to share that Tesla is in the pipeline, he responded to a reporter’s query at a presser. “Quite a few companies are in touch. Talks are going on at higher levels, and… Continue reading ‘Tesla in pipeline’, says Gujarat industry minister ahead of Vibrant Gujarat Summit: ANI
Over 27 OEMs, 400 component makers to participate in Bharat Mobility Global Expo
Leading 27 vehicle original equipment makers and 400 component makers from India and the global market will take part in the Bharat Mobility Global Expo 2024, which will be held in Bharat Mandapam, Delhi, from February 1-3. The mega exhibition, with a focus on electric mobility and other alternative technologies, will also bring together more… Continue reading Over 27 OEMs, 400 component makers to participate in Bharat Mobility Global Expo
Minda Corporation, Pricol to present arguments to CCI over stake acquisition
Minda Corporation and Pricol Ltd. are both preparing to present their arguments to the Competition Commission of India (CCI) following notices received regarding Minda’s proposed acquisition of an additional 8.79% stake in Pricol. The move was labelled a “hostile takeover” by many in the auto industry, setting the stage for a potential battle before the… Continue reading Minda Corporation, Pricol to present arguments to CCI over stake acquisition
India’s automobile industry not scared of competition: Commerce minister
Amid reports that India is considering reducing import duty on imports of completely built units of electric vehicles, Minister of Commerce and Industries Piyush Goyal, who has been working overtime to stitch a Free Trade Agreement with the United Kingdom, today said the Indian automobile industry is not scared of any competition. “The (automotive) industry… Continue reading India’s automobile industry not scared of competition: Commerce minister
Kinetic Green appoints S Sundareswaran as Director of Manufacturing and Operations
Kinetic Green, an electric two and three-wheeler manufacturer has appointed S. Sundareswaran as the Director of Manufacturing and Operations. Sundareswaran, who earlier served at Ashok Leyland, Switch Mobility Automotive andTAFE Ltd, comes with experience of more than three decades. He will look into the areas of leadership in production, quality assurance, supply chain management and manufacturing engineering activities. Sundareswaran… Continue reading Kinetic Green appoints S Sundareswaran as Director of Manufacturing and Operations
Solid State Batteries: Are we there yet?
If electric cars have to deliver the future we all expect them to, there will need to be several advances made in the coming years. The first, of course, involves the greening of battery components; specifically the mining and production of lithium. Automotive battery production currently releases around half a dozen tonnes of CO2. Up… Continue reading Solid State Batteries: Are we there yet?
Solid State Batteries: Are we there yet?
If electric cars have to deliver the future we all expect them to, there will need to be several advances made in the coming years. The first, of course, involves the greening of battery components; specifically the mining and production of lithium. Automotive battery production currently releases around half a dozen tonnes of CO2. Up… Continue reading Solid State Batteries: Are we there yet?