Simple Energy launches Dot One e-scooter with 151km range  

Bengaluru-based EV startup Simple Energy has launched its second electric scooter, the Dot One at an introductory price of Rs 99,999 (ex-showroom Bengaluru) for pre-booked Simple One customers from the city. This limited offer stands while inventory lasts. The official launch price for new customers, which will be “slightly higher” according to the company will… Continue reading Simple Energy launches Dot One e-scooter with 151km range  

Hero MotoCorp to increase stake in Ather Energy to 39.7 percent

Bullish on demand growing rapidly for electric two-wheelers, Hero MotoCorp is to invest an additional Rs 140 crore in the Bengaluru-based smart electric scooter manufacturer Ather Energy. This move will see Hero MotoCorp increase its equity stake in Ather Energy to 39.7% from the existing 36.7 percent. Hero MotoCorp was the last of the three… Continue reading Hero MotoCorp to increase stake in Ather Energy to 39.7 percent

Hero MotoCorp to increase stake in Ather Energy to 39.7 percent

Bullish on demand growing rapidly for electric two-wheelers, Hero MotoCorp is to invest an additional Rs 140 crore in the Bengaluru-based smart electric scooter manufacturer Ather Energy. This move will see Hero MotoCorp increase its equity stake in Ather Energy to 39.7% from the existing 36.7 percent. Hero MotoCorp was the last of the three… Continue reading Hero MotoCorp to increase stake in Ather Energy to 39.7 percent

EU’s EV industry risks losing ground without a robust EU industrial strategy

China’s dominance of the electric vehicle (EV) supply chain and bolstered US government incentives for domestic auto makers risk putting the EU on the back pedal in its efforts to shore up European electric vehicle manufacturing, noted the European Automobile Manufacturers’ Association (ACEA). A new École Polytechnique report has revealed the immense scale of challenges for the… Continue reading EU’s EV industry risks losing ground without a robust EU industrial strategy

EU’s EV industry risks losing ground without a robust EU industrial strategy

China’s dominance of the electric vehicle (EV) supply chain and bolstered US government incentives for domestic auto makers risk putting the EU on the back pedal in its efforts to shore up European electric vehicle manufacturing, noted the European Automobile Manufacturers’ Association (ACEA). A new École Polytechnique report has revealed the immense scale of challenges for the… Continue reading EU’s EV industry risks losing ground without a robust EU industrial strategy

Marelli to launch new optimized and Cloud-connected platforms at CES 2024

Marelli is to launch its ‘Lean’ and ‘Advantage’ platforms at CES 2024 in Las Vegas, which is to be held between January 9-11, 2024. Marelli’s ‘Lean’ platforms are underpinned by a simplified approach to hardware and software design resulting in fewer parts, reduced weight, and less cost than standard products, without sacrificing performance. Systems based… Continue reading Marelli to launch new optimized and Cloud-connected platforms at CES 2024

ZF produces three million electric motors, last 1.5 million in just 18 months

ZF, which supplies electric motors as components and electric drives as complete systems for all vehicle classes, has announced a production milestone of produced more than three million electric motors. ZF covers a broad spectrum of vehicle electrification: from purely electrically powered passenger cars and plug-in hybrids to electric drives for commercial vehicles. The production… Continue reading ZF produces three million electric motors, last 1.5 million in just 18 months

ZF produces three million electric motors, last 1.5 million in just 18 months

ZF, which supplies electric motors as components and electric drives as complete systems for all vehicle classes, has announced a production milestone of produced more than three million electric motors. ZF covers a broad spectrum of vehicle electrification: from purely electrically powered passenger cars and plug-in hybrids to electric drives for commercial vehicles. The production… Continue reading ZF produces three million electric motors, last 1.5 million in just 18 months

Stellantis honours 11 top-performing startups and innovation partners with 2023 Venture Awards

Celebrating innovation and successful collaborations, Stellantis has recognized 11 top-performing technology startups with the second annual Stellantis Venture Awards. The Venture Awards accentuate Stellantis’ aim to deliver customer-focused technology and features, aligned with its Dare Forward 2030 ambition for global clean, safe and affordable mobility. “Our focus is on creating products that our customers love… Continue reading Stellantis honours 11 top-performing startups and innovation partners with 2023 Venture Awards

Happy Forgings’ MD Ashish Garg says global forging business a big opportunity

Amidst soaring inflationary cost challenges around the world, global original equipment makers are scouting for the best alternate cost sources beyond China, and that is what Ludhiana-based component maker Happy Forgings Ltd is looking to capitalize on over the coming years.  Thanks to increased interest, Happy Forgings expects its international business revenue share to increase from… Continue reading Happy Forgings’ MD Ashish Garg says global forging business a big opportunity