This super 64-pager is power packed with news, features, interviews, and technology articles that will keep you up to date on developments in the Indian and global automotive sector. The highlight of the issue is about how India is becoming a reliable and progressive partner with global companies. PM Narendra Modi’s call out for an inclusive… Continue reading Autocar Professional’s September 15, 2023, issue is out!
Author: Autocar_Professional India Online News
Chinese EV maker Nio secures US$ 1.5 billion in convertible bond deal: Report
Chinese electric vehicle maker Nio said that it had raised US$ 1 billion in a two-tranche convertible bond, the proceeds of which will be used to pare debt and bolster its balance sheet, Reuters reported. The company raised US$ 500 million in a six-year put-four convertible bond and the same amount in a seven-year put-five… Continue reading Chinese EV maker Nio secures US$ 1.5 billion in convertible bond deal: Report
Chinese EV maker Nio secures US$ 1.5 billion in convertible bond deal: Report
Chinese electric vehicle maker Nio said that it had raised US$ 1 billion in a two-tranche convertible bond, the proceeds of which will be used to pare debt and bolster its balance sheet, Reuters reported. The company raised US$ 500 million in a six-year put-four convertible bond and the same amount in a seven-year put-five… Continue reading Chinese EV maker Nio secures US$ 1.5 billion in convertible bond deal: Report
Road project tenders worth Rs 2 lakh crore near finalisation, says Sany India’s Sanjay Saxena
New tenders worth approximately Rs 2 lakh crore are either in the process of being finalised or nearing completion for a range of road projects and motorways in the next few months, according to Sanjay Saxena, COO of Sany India and South Asia. This amount is more than enough to give a further boost to… Continue reading Road project tenders worth Rs 2 lakh crore near finalisation, says Sany India’s Sanjay Saxena
Mahindra & Mahindra launches Bolero Neo+ Ambulance at Rs 13.99 lakh
Mahindra & Mahindra has launched the Bolero Neo+ Ambulance today. Built to fully comply with AIS:125 (Part 1) norms that govern the Type B Ambulance segment, the Neo + stands out for its superior OEM-level of build quality coupled with a versatility that will appeal to buyers in big cities, smaller towns and upcountry locations.… Continue reading Mahindra & Mahindra launches Bolero Neo+ Ambulance at Rs 13.99 lakh
Euler Motors and SIDBI collaborate to drive EV adoption with Mission 50K-EV4ECO
Euler Motors, a commercial electric vehicle company, has announced a collaboration with the Small Industries Development Bank of India (SIDBI) for the “Mission 50K-EV4ECO” programme, aimed at catalysing the entire EV value chain. This strategic partnership aims to revolutionise the electric vehicle financing segment, strengthen the electric mobility ecosystem, and pave the way for a… Continue reading Euler Motors and SIDBI collaborate to drive EV adoption with Mission 50K-EV4ECO
Audi opens advanced vehicle safety centre in Ingolstadt
German luxury carmaker Audi has opened the new Audi Vehicle Safety Center on the in-campus premises in Ingolstadt, Germany. Equipped with significantly improved and state-of-the-art crash test facilities, the carmaker has invested around 100 million euros in the facility. Among its key features are a 250-metre (820 feet) run-up track, a mobile 100-ton crash block,… Continue reading Audi opens advanced vehicle safety centre in Ingolstadt
Hyundai and Georgia Tech partner for sustainable mobility, hydrogen and personnel development
Georgia Tech and Hyundai Motor Group (the Group) today signed an MoU to collaborate on research and applications to support the future of sustainable mobility, including developing a hydrogen economy, workforce development, and making cities smarter and more sustainable, among many other areas of cooperation. The Hyundai Motor Group Group is investing $12.6 billion in… Continue reading Hyundai and Georgia Tech partner for sustainable mobility, hydrogen and personnel development
Hyundai and Georgia Tech partner for sustainable mobility, hydrogen and personnel development
Georgia Tech and Hyundai Motor Group (the Group) today signed an MoU to collaborate on research and applications to support the future of sustainable mobility, including developing a hydrogen economy, workforce development, and making cities smarter and more sustainable, among many other areas of cooperation. The Hyundai Motor Group Group is investing $12.6 billion in… Continue reading Hyundai and Georgia Tech partner for sustainable mobility, hydrogen and personnel development
Brose develops high-voltage compressor for fast-charging of EVs
Long range and fast charging are important selling points for an electric vehicle. This is why car makers are focusing on the climate compressor as the heart of thermal management: electrically driven, it ensures efficient air-conditioning of the interior and cooling of the vehicle battery. Automotive supplier Brose has developed a particularly powerful high-voltage variant that enables fast charging… Continue reading Brose develops high-voltage compressor for fast-charging of EVs