Autocar_Professional India Online News – Page 1301

Hyundai Mobis develops vehicle quantum dot and local dimming display

Hyundai Mobis has developed a QL Display (Quantum Dot and Local Dimming Display) for vehicles. The QL Display combines ‘Quantum Dot’ technology, which enhances colour reproduction for a more realistic depiction of original colours, and ‘Local Dimming’ technology, which increases the contrast between light and dark colours for more precise image quality. The display maximizes… Continue reading Hyundai Mobis develops vehicle quantum dot and local dimming display

BYD’s first European plant to come up in Hungary

BYD, the world’s leading manufacturer of new energy vehicles (NEVs / EVs), has announced the next stage of its European strategy: the construction of a brand-new manufacturing and production centre in Szeged, Hungary. The state-of-the-art facility will be the first of its kind built by a Chinese automotive company in Europe and will have the… Continue reading BYD’s first European plant to come up in Hungary

BYD’s first European plant to come up in Hungary

Ola Electric’s Giga factory to be operational by March 2024

Ola Electric Mobility Ltd expects to start operations at its Giga factory in Tamil Nadu by March 2024. The IPO-bound Ola Electric Mobility plans to use Rs 1,226 crore from its public issue to expand the lithium-ion cell manufacturing capacity at the factory in its later stages. Ola Electric was selected for the government’s ambitious… Continue reading Ola Electric’s Giga factory to be operational by March 2024

Ola Electric files papers for IPO; Looks to raise Rs 5,500 crore via fresh issue

After months of hiatus, Ola Electric Mobility Ltd – India’s top electric two-wheeler maker – has finally filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). Ola Electric’s IPO is a combination of a fresh issue and an offer for sale. The… Continue reading Ola Electric files papers for IPO; Looks to raise Rs 5,500 crore via fresh issue

Ola Electric files papers for IPO; Looks to raise Rs 5,500 crore via fresh issue

Parliamentary committee bats for extending FAME-II scheme by 3 years

Among various measures to boost electric vehicle adoption in the country, the Parliamentary Standing Committee on Industry has recommended the government to extend the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) India Scheme by three years. The recommendation comes amid speculations about the fate of the FAME-II scheme, which expires on March 31.… Continue reading Parliamentary committee bats for extending FAME-II scheme by 3 years