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
Author: Autocar_Professional India Online News
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
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
OLX and Crisil forecast pre-owned car market value to breach Rs 5 lakh crore mark in 5 years
OLX, India’s leading classified player operating across a dozen categories, has forecast the pre-owned car market value to more than double to Rs 5 lakh crore with sales of 8.5 million vehicles per annum in the next five years. This was a key finding from OLX Mobility Report released by the company in partnership with… Continue reading OLX and Crisil forecast pre-owned car market value to breach Rs 5 lakh crore mark in 5 years
Road awards by MoRTH to decline by 40-43% YoY to 7,000-7,500 km in FY2024: ICRA
Rating agency ICRA has pruned its forecast of road awards by the Ministry of Road Transport and Highways (MoRTH) in FY2024 to 7,000–7,500 km, a YoY decline of 40–43% from its earlier estimate of 9,000–9,500 km. In 7M FY2024, road awards stood at 2,595 km, 48% lower than 5,007 km awarded in 7M FY2023. If… Continue reading Road awards by MoRTH to decline by 40-43% YoY to 7,000-7,500 km in FY2024: ICRA
Road awards by MoRTH to decline by 40-43% YoY to 7,000-7,500 km in FY2024: ICRA
Rating agency ICRA has pruned its forecast of road awards by the Ministry of Road Transport and Highways (MoRTH) in FY2024 to 7,000–7,500 km, a YoY decline of 40–43% from its earlier estimate of 9,000–9,500 km. In 7M FY2024, road awards stood at 2,595 km, 48% lower than 5,007 km awarded in 7M FY2023. If… Continue reading Road awards by MoRTH to decline by 40-43% YoY to 7,000-7,500 km in FY2024: ICRA
Mahindra trademarks seven new names for 5-door Thar
Mahindra has lined up several new launches for 2024, but possibly the most important is the 5-door Thar. Mahindra now seems to have a name for the upcoming SUV – seven of them to be precise. One of the names trademarked is the Thar Armada, reviving an old nameplate from its portfolio. Mahindra trademarks seven new names for 5-door… Continue reading Mahindra trademarks seven new names for 5-door Thar
ZF Group showcases Intelligent System Solutions for future construction at EXCON India 2023
ZF Group, a global leader in driveline technology, showcased its expertise in intelligent system solutions for the construction industry at EXCON India 2023 in Bengaluru. The exhibition demonstrated ZF’s commitment to addressing the evolving needs of the construction sector, emphasising flexibility, rapid development cycles, and sustainability. Electric Drive Solutions ZF introduced the eTRAC electric drive… Continue reading ZF Group showcases Intelligent System Solutions for future construction at EXCON India 2023